1740 Mahan Avenue, Bronx, NY, 10461 | $998,000

MULTIPLE OFFERS. HIGHEST & BEST OFFERS DUE BY 11/13/2024 by 5PM. Stately two-family brick house plus finished basement with private entry in prime Pelham Bay location, near shopping, restaurants and #6 train at Buhre Ave Station. This enormous home offers (2) 1365 square feet units, plus an additional 682 square of finished basement space, mechanical room and storage allowing for a total of 3412 sq feet. Unit 1 offers two-bedroom, formal dining room, living room, den, full bath, kitchen and additional laundry alcove space. Unit 2 features a three-bedroom, formal dining room, full bath kitchen and laundry space. The finished basement space is set-up as a spacious one-bedroom unit with full bath and private entrance and mechanical room with tons of storage space. The two-car attached garage is in the rear of the house. Features of this spacious home are hardwood floors, high ceilings, loads of natural light, new 75-gallon AO Smith water heater, rear staircase in back of the house from top floor to basement. Additional Information: ParkingFeatures: 2 Car Attached,

Features

  • Amenities: Park
  • Bedrooms: 5
  • Baths: 2 full
  • Style: Duplex
  • Year Built: 1930
  • Heating: Natural Gas, Radiant
  • Cooling: None
  • Basement: Walk-Out Access, Finished
  • Est. Taxes: $7,913
  • Lot Desc: Near Public Transit, Near School, Near Shops
  • Elem. School: Contact Agent
  • Middle School: Contact Agent
  • High School: Contact Agent
  • School District: Community District 8
  • MLS#: H6334677
  • Days on Market: 29 days
  • Website: https://www.raveis.com
    /prop/H6334677/1740mahanavenue_bronx_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Prime Realty Group, Inc.   Phone: 718-597-2300

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1740 Mahan Avenue, Bronx, NY, 10461

$998,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $798,400 $798,400 $798,400
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 6.599% 6.472% 6.032%
Monthly Tax Payment $659 $659 $659
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,533 $4,981 $6,684
Total Monthly Payment $5,284 $5,732 $7,435

* 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.