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1055 Summit Ave
1055 Summit Ave -Offices
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PariPassu Realty Corp
|Joshua
Garcia, Licensed Real Estate Agent |
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Perfect for
a Medical - Dental or any Office . All New
Just Opening -2007 Construction
To schedule a viewing, please contact
Commercial Direct: 718 -701-1752
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Office 10 to 15
Years Lease
NO Broker's FEE
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$2,000/month
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| Sq
Footage |
1,100 |
Parking
Wheel chair accessible |
Street |
Business Opportunity
Professional Office
Have you seen the Bronx Lately?
The Bronx is
redeveloping fast.
This Location
is Near Manhattan 159 Bridge.
As of 2007,
Bronx (zip 10452)'s population is 77,376 people. Since 2000, it has had
a population growth of 6.09 percent.
Ideal to
Follow on Clients Moving to the West Side of the Bronx or just to have
the office in your community.
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LOCATION FEATURES
The
area is redeveloping |
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LEASE TERMS
10 / 15
Years Term or Short Term / $8,000 at Lease Sign
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2 Month Security Deposit & First two Month rent
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Renter contact info:
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370 Lexington Ave
NY NY 10017
By appointment only Contact:
Joshua Garcia
Licensed Real Estate
Agent
Commercial Direct: 718
-701-1752
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Residential Direct: 718-874-9149
Fax: 718-701-0383 |
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Posted: July, 2008, 10:25am E.T.
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 | | Joshua Garcia, NYS Licensed Real Estate Agent | PariPassu Realty Corp, NYS Licensed Broker | 718-874-9149 | | 3 Bdrm Apartment | | $1,650/month | | Bedrooms | 3 | | Bathrooms | 2 full, 0 partial | | Sq Footage | Huge | | Parking | Street or off street private Garages
| | Pet Policy | No pets | | Deposit | $3,300 | DESCRIPTION Showing Daily 718-874-9149 Sorry No Programs Minimum Income $65,000 Fair Credit Three family house 3 Bedroom available 2 Full Bathroom 1 Real Master Bedroom Bathroom inside 1 tenant per Floor Lead paint Free Monoxide exhaust Fan on Kitchen Bathrooms Fan A lot of sunshine Tenant pay All utilities Brokers Fee | | | | | | LEASE TERMS 1 Year |
| | | | | Renter contact info:PariPassu Realty Corp NYS Licensed Broker |  | Joshua Garcia NYS Licensed Real Estate Agent | | | Phone: 718-874-9149 Fax: 718-701-0383 | |
| | | | | | | Posted: Apr 18, 2008, 8:35am PDT | | | | Joshua Garcia, NYS Licensed Real Estate Agent | PariPassu Realty Corp, NYS Licensed Broker | | Looking for first tenant to live in this quality Housing. Good Location Call me for a tour. 718-874-9149 - Sorry NO Programs '$65,000 Minimum income - 1 / 2 & 1/ 3 BEDROOMS AVAILABLE - OPEN HOUSE SATURDAY APRIL 26, 2008 from 2:00PM to 4:00PM New Developments Map Walkable Colleges Schools | | 3 Bdrm Apartment | | $1,650/month | | Bedrooms | 3 | | Bathrooms | 2 full, 0 partial | | Sq Footage | Huge | | Parking | Street or off street private Garages
| | Pet Policy | No pets | | Deposit | $3,300 | DESCRIPTION Showing Daily 718-874-9149 Sorry No Programs Minimum Income $65,000 Fair Credit Three family house 3 Bedroom available 2 Full Bathroom 1 Real Master Bedroom Bathroom inside 1 tenant per Floor Lead paint Free Monoxide exhaust Fan on Kitchen Bathrooms Fan A lot of sunshine Tenant pay All utilities Brokers Fee | | | | | | LEASE TERMS 1 Year |
| | | | | Renter contact info: |  | Joshua Garcia NYS Licensed Real Estate Agent | | | Phone: 718-874-9149 Fax: 718-701-0383
PariPassu Realty Corp 370 Lexington Ave NY NY 10017 | |
| | | | | | | Posted: Apr 25, 2008, 8:35am E.T. | |
BUSH ADMINISTRATION TO EXPAND MORTGAGE HELP FOR STRUGGLING FAMILIES Expanded FHASecure able to help half a million homeowners stay in their homes by cutting mortgage payments WASHINGTON – The Bush Administration today announced additional mortgage assistance for subprime borrowers who are at risk of foreclosure. The plan, which is designed to help address the adverse economic conditions affecting many communities across America, will help break the cycle of house price depreciation that is being caused by an increasing number of foreclosures and the overall contraction in the credit market. Under the new plan, HUD's Federal Housing Administration (FHA) would have the added flexibility to insure more mortgages, including those for borrowers who were late on a few payments and/or received a voluntary mortgage principal write-down from their lender. This FHASecure expansion will help more homeowners who are struggling to keep up with mortgage payments on their high-cost subprime loans. With this expansion of FHASecure, the Administration expects about 500,000 families to refinance into prime-rate FHA-insured mortgages in total by the end of this year. "Our plan will help hundreds of thousands of desperate families who have no place else to turn for safer, lower cost ways to keep their homes," said Federal Housing Commissioner-Assistant Secretary for Housing Brian D. Montgomery at a hearing of the House Financial Services Committee. "We want to be able to help families who are in the right house, but the wrong mortgage." In August 2007, FHA modified its refinancing program to help creditworthy homeowners who missed payments after their teaser rates reset. Now, FHASecure is expanding its eligibility standards. Homeowners who believe they meet this additional eligibility criteria must fall into one of the following categories: - Borrowers with adjustable rate mortgages who were late on two consecutive monthly mortgage payments or at two different times over the previous twelve months. FHA will require a 97 percent loan-to-value (LTV) ratio for these borrowers to refinance, the same LTV as FHA's current standard.
- Borrowers with adjustable rate mortgages who were late on three consecutive monthly mortgage payments or at three different times over the past 12 months. FHA will require a 90 percent LTV ratio for these borrowers to refinance.
With these new criteria, the expanded FHASecure can help additional borrowers access a more viable refinancing option and will offer lenders an alternative to foreclosing on these individuals. Lenders may voluntarily write down the outstanding subprime mortgage principal balances to a 97 percent or 90 percent LTV ratio depending on the borrowers' circumstances. FHA will also encourage lenders to make other arrangements, such as subordinate financing, to "fill the gap" between the existing loan balances and the FHA-insurable loan amount. The refinanced loan amount backed by the FHA would be based upon a new appraisal, performed by an FHA-approved appraiser. FHA will insure new, more affordable mortgages in exchange for this equity cushion, which will protect FHA's insurance fund, and thus the taxpayer, against risk. Currently, FHA's insurance fund is self-sustaining, meaning that it requires no appropriation of taxpayer dollars because homeowners pay for the product themselves. Further, any new FHASecure loans will continue to meet FHA's no-nonsense underwriting standards. Lenders will be required to ensure borrowers have the capacity to repay their mortgages; show a reasonable credit history; employment history; and fully document and verify their incomes. Like all FHA-insured loans, borrowers will be required to pay upfront and annual premiums on their loans, which directly contribute to the soundness of FHA's insurance fund and protect taxpayers. FHA will also be simultaneously updating the pricing policy for these premiums. The new policy will base premiums on the individual borrower's credit risk profile. More than 90 percent of FHA-backed loans are 30-year fixed rate mortgages. Homeowners currently using FHASecure are saving $400 a month on average compared to their previous subprime loans. "More homeowners continue to turn to FHA to find mortgage terms they can afford. We're keeping families in their homes while doing what's in the best interest of future generations who will rely on the safety and soundness of FHA to put a roof over their heads. The modifications to the existing FHASecure product offer a prudent, yet appropriate, way to help more families refinance without putting the government or taxpayers at risk. Consistent with FHA's historical mission, the changes are designed to help FHA provide additional liquidity and stabilize local real estate markets." Since September 2007, FHA has helped pump nearly $68 billion of much-needed mortgage activity into the housing market, $28.5 billion of which was through FHASecure. FHASecure has helped more than 150,000 homeowners who are current or past due on their loans avoid foreclosure, and, with today's announcement, it is expected to assist 500,000 total families by December 31, 2008.
FHA Expands Homeownership Assistance
Expanded housing assistance will be provided for at-risk borrowers who are in danger of losing their homes, under a new plan from the Federal Housing Administration (FHA). FHA will be able to insure more mortgages for more people, including those for borrowers who were late on a few payments and/or received a voluntary mortgage principal write-down from their lenders. Reducing a rising tide of foreclosures is its goal. More…
NEW LOAN LIMITS TO HELP HOMEOWNERS – ECONOMY
Read the Proposed RESPA Rule
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Effective March 6, 2008, HUD will offer temporary FHA loan limits that will range from $271,050 to $729,750 (Limits). Overall, the change in loan limits will help provide economic stability to America's communities and give nearly 240,000 additional homeowners and homebuyers a safer, more affordable mortgage alternative. The maximum amount of $729,750 will only be applicable to extremely high-cost metropolitan areas. Previously, FHA's loan limits in these very high-cost areas were capped at $362,790.
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The Economic Stimulus Act of 2008 permits FHA to insure loans on amounts up to 125 percent of the area median house price, when that amount is between the national minimum ($271,050) and maximum ($729,750). The new minimum and maximum loan limits are based on 65 percent and 175 percent of the conforming loan limits for Government-Sponsored Enterprises in 2008, which is $417,000. The FHA used a combination of existing government data sets and available commercial information to determine the median sales price for each area. The change in loan limits are applicable to all FHA-insured mortgage loans endorsed with HUD’s publication of the increased loan limits today, and it lasts until December 31, 2008.
By increasing loan limits nationwide, FHA will provide much needed liquidity and stability to housing markets across the country. Already, as conventional sources of mortgage credit have been contracting, FHA has been filling the void. From September to December 2007, FHA facilitated more than $38 billion of much-needed mortgage activity in the housing market, more than $15 billion of which was through FHASecure, FHA's refinancing product. By focusing on 30-year fixed rate mortgages, FHA helps homeowners avoid and escape the risks associated with exotic subprime mortgage products, which have resulted in rising default and foreclosure rates.
"This is not an easy crisis to address, and there is no silver-bullet, but I know that we can help hundreds of thousands of people keep their homes, and we can calm the waters," said HUD Secretary Jackson.
In January 2009, FHA's maximum loan limit will return to $362,790, unless the U.S. Congress approves bipartisan legislation to permanently increase loan limits as part of the FHA Modernization bill, which is still awaiting final approval on Capitol Hill.
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Welcome to Joshua Garcia Pro-Services.
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PariPassu Realty Corp. Broker 370 Lexington Ave NY NY 10017 By appointment only
 Joshua Garcia Licensed Real Estate Agent Phone: 718-874-9149 Fax: 718-701-0383 E-Mail |
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Hablo Español |
View my other listings |
eport
More than 38,000 of
renters in the city live in buildings that
entered foreclosure in 2007 and many of them face eviction, according
to a
study released Monday.
About
60% of the 14,912 city properties entering foreclosure
last year were multifamily units, according to a report by the Furman Center
for Real Estate & Urban Policy at the New York University
School of Law in Manhattan.
Rentals account for about 75% of the city’s housing stock,
according to New
York real estate
broker.
In Brooklyn, 7,175
multifamily buildings
entered foreclosure last year, the most of any borough, according to
the
report.
City foreclosure filings doubled from 2004 to 2007, according to the
study. As
legislators and policy-makers grapple with ways to stem foreclosures,
most of
their concern is for owners of single-family houses and not tenants who
had no
part in choosing the properties’ mortgages, said Ingrid Gould
Ellen,
co-director of the Furman Center.
Tenants living in buildings with six or more units are protected from
eviction
by New
York State
law. Renters in smaller buildings
are not protected and may be evicted if the property is sold at
auction, the
report said .
New Apartments

Welcome
to Joshua Garcia Pro-Services.
| PariPassu
Realty Corp. Broker 370 Lexington Ave NY NY 10017 By
appointment only
 Joshua
Garcia Licensed Real Estate Agent Phone:
718-874-9149 Fax:
718-701-0383 E-Mail
| | | Hablo Español | View my other listings | The
year 2006 saw many large-scale development plans in the Bronx: a new
$800-million Yankees stadium to be finished in 2009, a $500-million new
Gateway Center at the Terminal Market also to open in 2009. Have you
seen the Bronx Lately ? The $500 million Gateway Center at the Bronx
Terminal Market – one of the largest private sector
investments ever in the Bronx – will redevelop a portion of
the current Bronx Terminal Market site along with the Bronx House of
Detention. The development will include retail and restaurant space as
well as restore public access to the Harlem River. The developer plans
to incorporate environmentally-friendly design concepts into the
construction of the new facility. Proponents of the proposal hope that
the development will beautify and revitalize the area, ultimately
encouraging other businesses to invest in the community. Some local
residents, however, are concerned about how much of the tax revenue
will be used to support the local area, and whether the new retail
options will be accessible to the poor in the area. Proponents of the
plan counter that the development will provide thousands of jobs
– about 2,900 construction jobs and 2,100 permanent retail
jobs. The City Council, Community Board, and the Bronx Borough
President are supportive of the plan. The City Council approved the
plan in March 2006, construction began August 14th, 2006, and
completion is expected in the fall of 2009 Vornado Realty
Trust’s purchase of the Bruckner Mall for $165 million, as
well as the construction of the $395-million Gateway Plaza Mall at the
old Bronx Terminal Market, signal the ascension of the real estate
market in the Bronx. Observers credit the conflicting characteristics
of the borough: cheaper rent and smaller parcels of land, as reasons
for the recent acquisition of major properties. In addition, some
credit the pro-development policies of Bronx public officials for the
recent deals.
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summit 2 bedrooms
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Joshua Garcia, Licensed Real Estate
Agent | PariPassu Realty Corp | 718-874-9149
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Summit Ave, Bronx, NY |
| Showing
Daily 718-874-9149 Sorry No Programs Minimum Income $50,000
Fair Credit
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| 2 Bdrm Apartment |
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$1,500/month |
| Bedrooms |
2 |
| Bathrooms |
2
full, 0 partial | | Sq
Footage | Unspecified
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Unspecified | | Pet
Policy | No
pets | | Deposit |
$3,000 |
DESCRIPTION
Separate
Own Entrance
Spacious master bedroom full bath inside
Ready To Move
First Tenant
All New
New Construction
Monoxide exhaust fan
Fan on Bathrooms
Gate Windows
Fire Proof Construction
All Cement and Brick
Broker's Fee 1 Month |
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COMMUNITY FEATURES
Business
center |
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LEASE TERMS
1 Year or
Monht to Month |
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Renter contact info: |
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Joshua
Garcia, Licensed Real Estate Agent |
PariPassu
Realty Corp |
718-874-9149 |
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Posted: Apr 18, 2008, 9:24am PDT |
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background="http://www.postlets.com/css/styles/soho/bg_body.gif" valign="top" align="center" colspan="2">
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Joshua Garcia, Licensed Real Estate
Agent | PariPassu Realty Corp | 718-874-9149
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1031 Summit Ave, Bronx, NY |
| Looking
for first tenant to live in this quality Housing. Good Location Call me
to see it 718-874-9149 - Sorry NO Programs '$65,000 Minimum income |
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| 3 Bdrm Apartment |
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$1,650/month |
| Bedrooms |
3 |
| Bathrooms |
2
full, 0 partial | | Sq
Footage | Unspecified
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Unspecified | | Pet
Policy | No
pets | | Deposit |
$3,300 |
DESCRIPTION
Showing
Daily 718-874-9149
Sorry No Programs
Minimum Income $65,000
Fair Credit
Three family house
3 Bedroom available
2 Full Bathroom
1 Real Master Bedroom Bathroom inside
1 tenant per Floor
Lead paint Free
Monoxide exhaust Fan on Kitchen
Bathrooms Fan
A lot of sunshine
Tenant pay All utilities
Brokers Fee |
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LEASE TERMS
1 Year |
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Renter contact info: |
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Joshua
Garcia, Licensed Real Estate Agent |
PariPassu
Realty Corp |
718-874-9149 |
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Posted: Apr 18, 2008, 8:35am PDT |
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