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Welcome to the art deco splendor of 860 Grand Concourse, a well-preserved and ideally located doorman co-op building in the heart of Concourse, Bronx. Recent building upgrades include new roof, solar panels, and completed facade work with no assessment to shareholders. Unit 4J is a spacious, south-facing studio with a primary living space large enough to comfortably divide into a sleeping area and living room without feeling cramped. A separate dressing area off the bathroom leaves plenty of room for an armoire or larger dresser, and features a closet to keep your clothing stored out of sight. A standout feature of this studio is the separate eat-in kitchen with stainless steel appliances and granite countertops. The kitchen nook, which includes the 6-range stove, sink, counter, cabinets, and a wine rack, is tucked behind bi-fold doors so you can conveniently close off the kitchen when you’re done cooking. There is also a closet in the kitchen for additional storage space. 860 Grand Concourse sits directly across from the Bronx Supreme Court with Joyce Kilmer and Franz Sigel Parks just a block to the north and south, respectively. Immediately next door you can grab a quick breakfast or lunch at the newly opened Nadal Cafe. Directly behind the building you'll find a PureGym (open 24/7) and enjoy a short distance to other conveniences like the B/D/4 trains, Dunkin’, Starbucks, Regal movie theater, and two large grocery stores. Also in the neighborhood are Yankee Stadium with Hard Rock Cafe inside (visible from the building), Bronx Terminal Market which houses big box retailers including Target, Burlington, Home Depot, and Lidl, and a public outdoor gym and playground. Starting in June through November, grab fresh produce and baked goods right across the street at the Grand Concourse Greenmarket at the corner of the 161st Street side of Joyce Kilmer Park every Tuesday from 8am-4pm.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$159,900
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 | $127,920 | $127,920 | $127,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.634% | 6.890% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $788 | $830 | $1,071 |
| Total Monthly Payment | $863 | $905 | $1,146 |
* 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.