Welcome to The Executive Tower at 1020 Grand Concourse. Designed by Philip Birnbaum, this architectural masterpiece is situated at the heart of the beautiful Grand Concourse Historic District. The Executive Tower is a short distance from great amenities like Yankee Stadium, The Bronx Museum of the Arts, and several amazing parks including the Bronx River Greenway. Shopping is a breeze with nearby options like Concourse Plaza and The Gateway Center. The location has great transportation options including the B, D and 4 trains, which can get you to midtown in about 25 minutes, a network of cycling greenways, numerous bus lines, and the nearby Major Deagan Expressway. Apartment 12J benefits from corner-unit stunning views that stretch as far as the towering Palisades. In addition to its generous balcony, this expansive 2 bedroom, 2 bath home measures approximately 1, 250 square feet. 1020 Grand Concourse offers many great building amenities, including: 24-hour doorman and security 24-hour on-site parking garage 24-hour on-site laundry Bicycle storage Central air conditioning All Utilities included On-site management and live-in super BuildingLink communication system Recently-completed exterior restoration Stunning Mediterranean entrance and lobby Upcoming capital improvements, including lobby restoration, fitness center, and common garden. Additional Information: Amenities: Stall Shower,
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Our Executive Mortgage Banker:
Our Insurance Division:
$500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $400,000 | $400,000 | $400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,661 | $2,659 | $3,373 |
Total Monthly Payment | $2,753 | $2,751 | $3,465 |
* 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.