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Presented by
Lisa Fekete |
This top-floor two-bedroom, two-bathroom residence presents a rare opportunity to restore or reimagine a distinctive prewar Art Deco apartment in estate condition on the Grand Concourse. An apartment with the identical layout recently sold for over $150, 000 more than the current asking price. The exceptional layout begins with an entry hall leading into a generous dining foyer with space for a large table. From here, a graceful archway opens into the dramatic dropped living room. Located on the top floor, the living room features higher ceilings and taller windows than those on the floors below, bringing in excellent southern light. The unusually large, windowed eat-in kitchen stretches more than twenty feet and offers remarkable possibilities for redesign. Two well-proportioned bedrooms are positioned along the private hallway, including a spacious corner primary suite highlighted by an oversized corner window with views toward the Grand Concourse and the landmark Bronx Supreme Courthouse. Both bathrooms are original, with striking burgundy fixtures and trim set against pale blush tile walls. Exceptional closet space is found throughout the apartment. Built in 1941, the cooperative offers a part-time doorman and live-in superintendent, along with a laundry room and bike storage. Recent capital improvements include a new roof and an updated dual-fuel boiler system. Transportation is convenient via the nearby 4 and D subway lines—providing access to Midtown Manhattan in under twenty minutes—as well as multiple bus routes, Metro-North stations, and major highways. Yankee Stadium, neighborhood parks, shopping, and parking garages are all nearby. Pets permitted. Pied-à-terre use allowed. Maximum 85% financing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$235,000
Sales Associate
William Raveis Real Estate
Phone: 203.809.2076
Lisa.Fekete@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $188,000 | $188,000 | $188,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.304% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,112 | $1,142 | $1,524 |
| Total Monthly Payment | $1,187 | $1,217 | $1,599 |
* 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.