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Beautifully maintained and filled with natural light, Residence 5J at 1100 Grand Concourse offers impressive space, an excellent layout, and open western exposures overlooking the landscaped grounds and stately limestone façade of the Andrew Freedman Home. A welcoming entry with a large coat closet leads into an oversized foyer that can easily accommodate a home office. The expansive 21-foot living and dining room features nearly nine-foot ceilings and large windows providing abundant afternoon light, with plenty of room for comfortable seating and entertaining. The windowed galley kitchen offers generous cabinetry, ample counter space, and an efficient layout. Both bedrooms measure more than 15 feet in length and are separated from the main living area for additional privacy. Each can accommodate a king-size bed and substantial furniture and includes two large closets. The bright, windowed bathroom is also beautifully maintained and provides natural ventilation. Built in 1928, 1100 Grand Concourse is a prominent Art Deco cooperative within the Grand Concourse Historic District. The building features landmark-approved replacement windows that preserve its original character while providing modern sound insulation and energy efficiency. In-unit washer and dryer installation is permitted, and basement laundry is also available. Conveniently located near the Bronx Museum of the Arts, Yankee Stadium, restaurants, grocery stores, shopping, courthouses, and public transportation. Pets are welcome. Board approval is required, with only 10% minimum down.
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Our Executive Mortgage Banker:
$414,999
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 | $331,999 | $331,999 | $331,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.764% | 5.992% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,017 | $2,126 | $2,757 |
| Total Monthly Payment | $2,092 | $2,201 | $2,832 |
* 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.