Fully Renovated Mixed-Use Property in Van Nest/Parkchester - Prime Investment Opportunity! Welcome to 1731 Unionport Rd, Bronx, NY, a fully renovated mixed-use property located in the highly sought-after Van Nest/Parkchester neighborhood. This beautifully updated building offers an ideal opportunity for both business owners and investors. Ground Floor - Commercial Space: Storefront/Retail Opportunity: The ground floor boasts a Open concept, modern commercial space, perfect for a variety of retail / Doctor's office or storefront businesses. Fully Renovated: The entire space has been updated from floor to ceiling, offering a clean, contemporary look and ready for immediate occupancy. Prime Location: This location offers excellent visibility and foot traffic, ensuring your business will thrive. Second Floor - Residential Units: 4 Bedroom Apartment: The second floor features a spacious 4-bedroom, 3-bathroom apartment. The unit has been tastefully renovated and offers modern finishes, ample natural light, and well-designed layouts. Perfect for Tenants: The unit is perfect for tenants seeking comfort and convenience in one of the Bronx's most desired neighborhoods. Third Floor - Residential Unit: 3-Bedroom, 3-Bathroom Apartment: The third floor features a large, beautifully renovated 3-bedroom apartment with 3 full bathrooms. Ideal for families or renters looking for extra space, this unit offers all the modern amenities needed for comfortable living. Neighborhood Highlights: Located in the desirable Van Nest/Parkchester area, this property is surrounded by schools, parks, shops, and public transportation options, making it attractive to both business owners and residents alike. The neighborhood is known for its vibrant community and convenience. Property Features: Address: 1731 Unionport Rd, Bronx, NY 10462 Ground Floor: Fully renovated commercial space Second Floor: One 4- bedroom , 3-full bathroom apartment Third Floor: One 3-bedroom, 3-Full bathroom apartment Move-In Ready This fully renovated property offers a fantastic opportunity for business and residential income in a high-demand area. Don't miss out contact us today for more information or to schedule a viewing!
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,119,999 | $1,119,999 | $1,119,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $587 | $587 | $587 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,359 | $6,987 | $9,376 |
Total Monthly Payment | $7,071 | $7,699 | $10,088 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.