2-FAMILY MIXED-USE CORNER RESIDENTIAL/COMMERCIAL PROPERTY SOLD AS-IS/WHERE-IS! Located just a few blocks from NYC buses, MTA #2, #5, and #6 trains, and one block from Saint Mary's Park, this prime real estate offers unparalleled convenience and accessibility, making it highly desirable for tenants. The property features two fully occupied 2-bedroom apartments with stable rental income and 1,000 sq. ft. of prime commercial space, perfect for a business with a storage basement. This rare find offers a lucrative value-add opportunity in a highly in-demand location. Ideal for investors or live-in landlords/business operators seeking steady cash flow with potential upside. Competitive asking price. Contact us today for details and to arrange a viewing!
616 Beech Terrace, Bronx, NY, 10454
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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