737 E 222nd Street, Bronx, NY, 10467 | $799,000

***** NEWLY RENOVATED ***** Welcome to this exceptional four-story two-family home, a rare gem offering both modern comfort and incredible investment potential. Perfect for large families, savvy investors, or those seeking additional rental income. This property has two separate units. Each unit has its own private entrance, ideal for multi-generational living or rental opportunities. Each unit was newly renovated with new stainless steel appliances, granite countertops, and new cabinetry. Both units feature updated bathrooms with modern fixtures and finishes. Whether you live in one unit and rent out the other or rent both units, this home offers a solid income opportunity with the potential for excellent returns. It is nestled in a sought-after neighborhood with easy access to public transportation, schools, parks, dining, shopping, and more. An attached two-car-garage with extra parking in front and off-street parking for multiple vehicles, creates an added convenience in this urban setting. Whether you're looking to invest, live in one unit while renting the other, or create a multi-generational family home, this four-story two-family offers a world of possibilities. Don't miss out on the chance to own this beautifully maintained property with incredible space and income potential!

Features

  • Bedrooms: 5
  • Baths: 3 full / 1 half
  • Units: 2
  • Style: Multi Family
  • Year Built: 2006
  • Garage: 2-car Attached
  • Heating: Natural Gas, Baseboard
  • Cooling: Window Unit(s)
  • Basement: Crawl Space
  • Approx Sq. Feet: 2,350
  • Acreage: 0.05
  • Est. Taxes: $7,750
  • Lot Desc: Near Public Transit
  • Water Front: Yes
  • School District: New York
  • MLS#: H6335962
  • Days on Market: 0 day
  • Website: https://www.raveis.com
    /prop/H6335962/737e222ndstreet_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 EXIT Realty Private Client   Phone: 914-222-1000

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:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

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

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@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

737 E 222nd Street, Bronx, NY, 10467

$799,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $639,200 $639,200 $639,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.412%
Monthly Tax Payment $646 $646 $646
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,360 $4,248 $5,437
Total Monthly Payment $5,098 $4,986 $6,175

* 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.