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Facing south from the eleventh floor, this exceptionally bright studio is ready for an entirely new beginning. The star of the layout is the large, separate windowed eat-in kitchen-a luxury in any apartment and a room with the potential to become the heart of this one. There is space to cook, dine and make the kitchen feel like a destination rather than somewhere tucked along a wall.
The main room is long and well balanced, making it easy to establish distinct living and sleeping areas. Two closets provide useful storage, and the windowed bathroom brings natural light into yet another part of the apartment. Together, these elements give the layout a sense of openness and possibility that goes far beyond its footprint.
This estate-sale apartment is sold completely as is and requires a full renovation. The work is considerable, but the qualities that cannot be added later are already in place: southern exposure, windows in every room, a separate eat-in kitchen, a practical layout and exceptionally low maintenance, which includes gas and electricity.
Designed by Philip Birnbaum and completed in 1963, Executive Towers is a full-service cooperative with 24-hour doorman and security, an attached parking garage, 24-hour laundry, bicycle storage, BuildingLink, a live-in superintendent and on-site management. Its distinctive entrance retains its restored historic tile canopy, complemented by new automatic doors and lighting. The cooperative is currently adding planted green roofs to both the building and its attached garage.
Directly across from the Bronx Museum of the Arts and close to Yankee Stadium, the building is convenient to the B, D and 4 trains, numerous bus lines, neighborhood shopping and several parks. Cats and small dogs are welcome. Pied-à-terre ownership and up to 90 percent financing are permitted. The seller will pay the current assessment in full at closing.
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.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.
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Our Executive Mortgage Banker:
$129,000
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 | $103,200 | $103,200 | $103,200 |
| 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 | 6.760% | 6.902% | 6.118% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $635 | $669 | $864 |
| Total Monthly Payment | $710 | $744 | $939 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.