Enjoy co-op living steps from Yankee Stadium on the beautiful Grand Concourse in this sizable 1-bedroom unit. Wake up to morning light through the two windows, one east-facing, in the bedroom and relax in the large living room space that can accommodate your configuration of a seating area, home office, or even an additional, larger dining table. The kitchen is fully renovated with contemporary cabinetry, clean, white subway tile, and stainless steel appliances. The space is big enough for dining furniture and although it’s a separate room, the wide entrance connecting the kitchen to the living room offers the feel of an open concept. This unit is outfitted with 3 closets, two in the foyer and one in the bedroom. Anyone living here will appreciate the charm of this apartment’s small details; original hardwood floors, a shelving unit built into the dining room wall, and arched entryways. 860 Grand Concourse is one of the neighborhood’s well-preserved, art deco-style doorman co-op buildings. It sits in the perfect location across from the Bronx Supreme Court with a Blink Fitness directly behind it, and just a 4-minute walk from conveniences like the B/D/4 trains, Dunkin’, Starbucks, and two large grocery stores. **Co-Op board package submission and approval required.
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $1,920 | $1,920 | $1,920 |
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 | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $13 | $13 | $16 |
Total Monthly Payment | $88 | $88 | $91 |
* 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.