1020 Grand Concourse, #24W, Bronx, NY, 10451 | $295,000

A rare opportunity to acquire a top-floor residence at 1020 Grand Concourse, offering sweeping open views to the northeast and the higher ceilings found only on this level. The added height gives the home exceptional volume and a sense of airiness and sophistication that make it truly stand apart. In good condition throughout, it’s ready to move right in—or can easily be customized to your own taste. The entire apartment has been freshly painted, creating a bright and welcoming atmosphere. Enter through a gracious open foyer that leads into the oversized living and dining room—an elegant, flexible space ideal for refined daily living and entertaining alike. The layout is perfectly conceived, maximizing every inch of space while maintaining a clear separation between the public and private areas of the home. The windowed kitchen features all-new stainless-steel appliances, including an over-the-range microwave and dishwasher, while the renovated bathroom adds a touch of contemporary polish. There is also ample room for a home office area, whether in the bedroom or the living room, for those who wish to work from home. An oversized foyer closet, two bedroom closets, and a separate linen closet provide outstanding storage throughout. The building is currently undertaking two major improvement projects: the installation of new green roofs, including one over the attached garage that will serve as a shared outdoor space for residents, and an exterior restoration program that will further enhance the property’s already strong curb appeal. The assessment funding these improvements is being completely paid by the seller. Designed by the renowned architect Philip Birnbaum and completed in 1963, 1020 Grand Concourse occupies the prominent corner of 165th Street directly across from the Bronx Museum of Art. The building’s distinguished mid-century design is matched by exceptional convenience—minutes from the B, D, and 4 trains, multiple bus lines, shopping, and local services. Four nearby parks create a verdant urban environment that brings together the best of city living and outdoor recreation—yet it’s only 20 minutes from Midtown Manhattan. Enjoy full-service living with nothing overlooked in this exceptionally well-managed and financially stable cooperative. From the integrated central air-conditioning and heating system to the 24-hour building staff, residents are cared for impeccably—and the low maintenance includes gas and electricity. Building features include: • 24-hour doorman and security • On-site attached garage with available assigned spaces for residents (at additional cost) • 24-hour laundry rooms • Live-in super • On-site management office • BuildingLink system for communication and delivery notifications • Bicycle storage room • Restored historic tile entrance canopy • New automatic entry doors and lighting • And more upgrades to come, including a planned fitness room for residents Some photographs virtually staged. All showings are by appointment, even during open-house times.

Features

  • Parking: Garage
  • Heating: See Remarks
  • Cooling: Central Air
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Year Built: 1963
  • Approx Sq. Feet: 0
  • Elem. School: Concourse Village Elementary School
  • Middle School: Academy Of Applied Math And Tech
  • High School: Alfred E Smith Career-Tech High Sch
  • School District: Community District 7
  • Pets Allowed: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • MLS#: 945947
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/945947/1020grandconcourse_bronx_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Bank Neary Inc   Phone: 212-633-2727

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

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1020 Grand Concourse, #24W, Bronx, NY, 10451

$295,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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 $236,000 $236,000 $236,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.125% 5.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.285% 6.280% 5.541%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,340 $1,434 $1,897
Total Monthly Payment $1,415 $1,509 $1,972

* 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.