Be the first to own this brand-new construction five-story rental building in the Highbridge section of the Bronx. The building features high-quality construction and a total of 11 units: studio (3), one-bedroom (3), two-bedroom (4), and three-bedroom (1). All units are situated on floors 2-5. Each unit is equipped with high-end vinyl flooring, custom cabinets, quartz countertops, stainless steel appliances, and Frederick Heating/Cooling units. The first floor houses the main lobby, recreation room, bike room, elevator, trash compactor room, and electrical meter room. Refuse rooms are conveniently located on each floor. This property is eligible for a 485X tax abatement for the next 35 years. The estimated annual tax is $91. This represents a significant savings of over $77,000/Year+ over the next 35 years.
1081 Anderson, Bronx, NY, 10452
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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