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This spacious, sun-filled home is a true convertible one-bedroom, offering the ability to easily create a legal one-bedroom layout. An alternate floor plan and virtually-staged rendering are attached, clearly illustrating how the space can be transformed. Fully renovated and impeccably finished, the apartment combines generous proportions, excellent natural light, and a flexible layout that adapts effortlessly to your needs, creating a home that is both immediately livable and thoughtfully designed for the future.
A gracious entry foyer with a large coat closet creates a sense of arrival and leads into a bright, generously proportioned living space anchored by a full wall of east-facing windows. Natural light fills the home throughout the day, with open views overlooking the building's future common garden. The layout comfortably accommodates both a living area and a dining setup by the window, creating an easy, natural flow for daily living.
The kitchen has been completely renovated with crisp white cabinetry, stone countertops, and stainless steel appliances, offering a clean and efficient workspace. The sleeping alcove is generously sized and functions easily as a separate bedroom area, already providing excellent separation, with the option to enclose for a true one-bedroom. The bathroom has also been fully renovated with a fresh, modern finish, and new flooring runs throughout, giving the home a cohesive and polished feel. Offered in impeccable condition, this is a true move-in ready residence with exceptional flexibility for both current use and long-term needs.
Monthly maintenance is exceptionally low and includes all utilities, including central air conditioning, offering meaningful value and predictability in monthly ownership costs.
1020 Grand Concourse occupies a prominent corner at 165th Street, directly across from the Bronx Museum of Art. Designed by master architect Philip Birnbaum and completed in 1963, the building is a notable example of mid-century residential design, known for its scale and signature picture windows. Residents enjoy convenient access to the B, D, and 4 trains, multiple bus lines, neighborhood shopping and services, and several nearby parks-offering both city access and nearby green space. Midtown Manhattan is approximately 20 minutes away.
The building offers a full-service experience with a 24-hour doorman and security, an attached on-site garage with assigned spaces available for an additional fee, 24-hour laundry facilities, a live-in superintendent, and an on-site management office. Additional features include a BuildingLink system for communication and deliveries, bicycle storage, a restored historic tile canopy, and new automatic entry doors with updated lighting. The cooperative is non-smoking and pet-friendly, permits pieds-à-terre and co-purchasing, and allows up to 90% financing. Ongoing capital improvements include exterior restoration work and the creation of a new communal green space for residents, supporting both quality of life and long-term value.
A well-managed and financially stable cooperative with a strong architectural identity and long-term stewardship.
All showings are by appointment, including during open house hours.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
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Our Executive Mortgage Banker:
$295,000
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
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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** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,415 | $1,472 | $1,944 |
| Total Monthly Payment | $1,490 | $1,547 | $2,019 |
* 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.