1020 Grand Concourse, #5A, Bronx (Concourse), NY, 10451 | $199,000

An enormous living room flows into a large adjoining dining area, creating an unusually gracious expanse anchored by a broad east-facing window. The dining area adjoins both the living room and kitchen, giving the apartment an easy, natural flow.

The bedroom is equally generous, with exceptional breadth and length. A continuous wall of closets faces the windows, providing remarkable storage while leaving the room's proportions beautifully balanced. With east and north exposures, the exceptionally quiet apartment overlooks the green roof now nearing completion atop the attached garage.

The gracious kitchen includes a walk-through pantry with additional storage. A separate entry foyer with a large coat closet creates a distinct arrival, while the bathroom is conveniently located off the hall, away from the apartment's principal rooms.

This estate-sale apartment is sold completely as is and requires a full renovation. Every finish and fixture can be reconsidered, while the apartment's exceptional proportions and thoughtful layout are already in place. Maintenance is exceptionally low and 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.

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.

Features

  • Town: Bronx
  • Cooling: Unknown Type
  • Levels: 23
  • Amenities: Bike Room; Driveway; Garage; Fitness Room; Laundry Room;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: Executive Towers, The
  • Year Built: 1963
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: No
  • Building Access : Elevator
  • Service Level: Full Service
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RLS20104702
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/RLS20104702/1020grandconcourse_bronx_ny?source=qrflyer
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.
Listing courtesy of Bank Neary Inc

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NMLS Mortgage Loan Originator ID 81725

203.980.8025

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1020 Grand Concourse, #5A, Bronx (Concourse), NY, 10451

$199,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $159,200 $159,200 $159,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.750% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.374% 6.902% 6.118%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $967 $1,033 $1,333
Total Monthly Payment $1,042 $1,108 $1,408

* 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.