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2-Bedroom Sponsor Co-op in Soundview – Sold As-Is with Endless Potential Discover an incredible opportunity to create your dream home with this spacious 2-bedroom sponsor co-op in the rapidly evolving Soundview section of the Bronx. Being sold as-is, this unit offers a blank canvas for buyers with a vision—whether you’re looking to customize every detail or add value through renovations. The layout features a large living room and dining area with plenty of natural light, providing an ideal space for both relaxing and entertaining. The two well-sized bedrooms offer ample space and flexibility, while multiple closets throughout the unit ensure plenty of storage. With large windows allowing for abundant sunlight, this home has the foundation for something truly special. Situated in a gated community, residents enjoy access to two private playgrounds, a landscaped plaza with seating, 24-hour security, a common laundry room, and a live-in super. Parking is available for rent, making this a convenient option for drivers. Since this is a sponsor unit, there’s no board approval required, and buyers can take advantage of a low 5% down payment, making it a fantastic option for those seeking flexibility in their purchase. Perfectly located near public transportation, major highways, Soundview Park, and shopping, this co-op offers convenience and accessibility in one of the Bronx’s most up-and-coming neighborhoods. Whether you’re an end-user ready to renovate or an investor seeking value, this as-is unit is a rare find. Bring your vision and make it your own—schedule a showing today!
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $292,000 | $292,000 | $292,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,822 | $1,918 | $2,444 |
Total Monthly Payment | $1,897 | $1,993 | $2,519 |
* 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.