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SIX CONTINIOUS CORNER LOTS STRETCHING THE ENTIRE LENGTH OF WALNUT ST. FROM MAPLE to ASH St. TOTAL FOOTPRINT APPROXIMATELY 15, 461 sq. ft. . (109, 111 & 115 Maple St. , 285 Walnut St. , 110 & 112 Ash St. ); block an lots 456-29, 456-28, 456-26, 456-24, 456-53, 456-25. ) M zoning. Lots 53 and 25 include a two story mixed use detached commercial brick structure. The rest of the lots are presently used as a parking lot. MASSIVE DEVELOPMENT IN THE AREA. Owner has plans for a 5 story building consisting of 90 residential units with additional commercial space on the ground floor, ideal for wrap around services if building affordable, senior or veteran housing. Owner will consider an EQUITY DEAL with a reputable experienced affordable housing or free market developer to complete the project. Each floor is approximately 9, 000 sq. ft. for a total of approximately 45, 000 sq. ft. buildable. Survey attached. 2025 Yonkers taxes $20, 028, 2025 County Taxes $4, 694. 67.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,500,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,600,000 | $3,600,000 | $3,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.375% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.565% | 6.475% | 6.183% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,159 | $22,459 | $30,379 |
Total Monthly Payment | $20,284 | $22,584 | $30,504 |
* 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.