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A Sunny One-Bedroom in Concourse Village! Welcome to this nicely renovated one-bedroom co-op near Yankee Stadium in the Bronx. You’ll enjoy a lovely blend of modern and vintage details in a historic building at the corner of Gerard Avenue and East 158th Street. A tiled foyer leads into an airy living room area with an adjacent kitchen that has been completely opened up. Natural light from a row of windows bathes original hardwood floors in a sunny glow, further complemented by recessed overhead lighting. The remodeled kitchen fits nicely along a single wall, with stylish cabinetry and stainless steel appliances. The bedroom with its wonderful corner windows is down the hall for enhanced privacy. An updated bath with wall-to-wall tile, lots of closet space, crown molding and other architectural details, all add to the unique charm of this apartment. Designed by C. Schafer Jr. and built by Finnish immigrants in 1924, 828 Gerard Ave is a notable example of early progressive cooperative housing in New York City. The pet-friendly brick walk-up with a basement laundry is surrounded by popular greenspaces including Franz Siegal Park. You’ll be close to so many great shops, bakeries, bars, and restaurants, plus the 161 St. subway.
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:
$160,000
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 |
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|---|---|---|---|
| Loan Amount | $128,000 | $128,000 | $128,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $737 | $820 | $1,063 |
| Total Monthly Payment | $812 | $895 | $1,138 |
* 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.