Fantastic investment opportunity for investors! Reach out directly to agent for sale price! Newly constructed in 2023. You'll love this brand-new eight-story brick building with 26 spacious units, located at 3641 Johnson Ave in the heart of Riverdale. Each unit has its own heating and cooling system for energy efficiency. Plus, there are large kitchens and bathrooms, soundproof windows, and soundproof wooden engineering floors on top of concrete. All units come with sizable 12-foot terraces, and there are two large terraces in the backyard for entertainment and relaxation. You'll find convenient access to shopping, restaurants, schools, Metro North, and express buses to NYC. For projected rental income details, contact agent. There's a 35-year tax abatement in place. Calling all investors! BuildingAreaSource: Public Records,
3641 Johnson Avenue, Bronx, (New York), NY, 10463
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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