A Mid-Century Gem at Executive Towers With luminous picture windows, a gracious layout, and timeless mid-century proportions, Residence 12V at the Executive Towers offers an elegant blend of function and light. Designed by master architect Philip Birnbaum and completed in 1963, the building stands as a landmark of modern living—seamlessly uniting architectural pedigree with everyday comfort. A welcoming entry opens into a generous foyer, where a large triple closet adds immediate convenience. From here, the expansive living room unfolds, anchored by an east-facing picture window—an iconic hallmark of the building’s design. Bathed in natural light, this inviting space offers serene open views by day and sparkling tranquility by night. The windowed kitchen has been thoughtfully renovated while retaining a sense of character. Facing south, it features a water line to the refrigerator for an automatic ice maker, a farmhouse sink, a paneled Bosch dishwasher that blends seamlessly with the cabinetry, and a separate gas cooktop and wall oven. There is also space for a café table or breakfast bar, making it both stylish and functional. The spacious primary suite enjoys southern exposures and a large, deep closet, creating a true retreat. The second bedroom, set on the corner with both south and east exposures, is a cozy, light-filled sanctuary. The renovated windowed bathroom preserves its mid-century heritage with the original cast-iron bathtub/shower and original dual medicine cabinets with built-in hamper, blending vintage charm with modern updates. Original copper doorknobs and closet door pulls remain throughout the apartment, preserving authentic mid-century detail. Ample closets and storage spaces further enhance the practicality of the home. Monthly maintenance is exceptionally low and includes all utilities—even central air conditioning. The Executive Towers 1020 Grand Concourse occupies a commanding corner at 165th Street, directly across from the Bronx Museum of Art. Residents enjoy unmatched access to the B, D, and 4 trains, multiple bus lines, shopping, services, and four nearby parks that blend the best of city and nature—just 20 minutes from Midtown Manhattan. Building Amenities & Services 24-hour doorman and security Attached on-site garage with assigned spaces available (for an additional fee) 24-hour laundry facilities Live-in superintendent and on-site management office BuildingLink system for communication and delivery updates Bicycle storage Restored historic tile canopy and new automatic entry doors with modern lighting Ongoing capital improvements for long-term value Pet-friendly (cats and small dogs permitted) Pied-à-terre ownership allowed Up to 90% financing permitted A well-managed, financially stable cooperative with an architectural pedigree, the Executive Towers is the perfect blend of comfort, convenience, and value—unique in New York City. All showings are by appointment, including during open house times.
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Our Executive Mortgage Banker:
Our Insurance Division:
$415,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $332,000 | $332,000 | $332,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,964 | $2,044 | $2,691 |
| Total Monthly Payment | $2,039 | $2,119 | $2,766 |
* 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.