1020 Grand Concourse Unit #24M, Bronx, NY 10451

Property Description

Top-Floor Residence at the Executive Towers with Open Eastern Exposure Residence 24M occupies the highest floor of the building, a position that offers what lower floors cannot: 10-foot ceilings, uninterrupted eastern light and open outlooks across the borough, with no construction in front and no residence above. The apartment is fully renovated and move-in ready. New flooring runs throughout, complemented by fresh paint and new fixtures in every room, including a chandelier that anchors the main living area. In the kitchen, black granite counters meet white cabinetry with glass-front uppers, and the full stainless appliance suite is brand new and has never been used: a gas range with center griddle, dishwasher, and French-door refrigerator. The bath is tiled to the ceiling in white and appointed with a full soaking tub. Storage is exceptional, with 3 closets, including a deep shelved closet off the hall—a rarity in apartments of this size. A generous alcove adjoins the living space and partitions cleanly into a separate bedroom. Two floor plans are attached: the residence as it stands today and the one-bedroom conversion. Virtual staging illustrates the alcove furnished as a bedroom. Picture windows extend the length of the living space, framing eastern views that are both unobstructed and permanent. Monthly maintenance of $868.84 includes all utilities: heat, hot water, gas, electricity, and central air. The building permits financing with 10% down, a rare allowance among cooperatives on the Grand Concourse. At the asking price with 10% down on a 30-year fixed mortgage at approximately 6%, the estimated monthly carrying cost is roughly $2,460, all utilities included. Buyers may qualify for first-time homebuyer programs, preferred mortgage rates, or other available benefits and abatements, including the STAR program where eligible. Buyers are encouraged to consult their lender and tax professional regarding programs and benefits specific to their circumstances. Comparable one-bedroom rentals in full-service doorman buildings in the 10451 ZIP code begin at approximately $3,100 per month before utilities. Built in 1963 to the design of architect Philip Birnbaum, the Executive Towers was introduced as the first luxury tower in the Bronx and remains among the most sought-after addresses on the Grand Concourse. Services include a 24-hour doorman, attended lobby, on-site garage, laundry, and a live-in superintendent. The Bronx Museum of the Arts stands directly across the Grand Concourse. The express 4 and D trains are approximately three blocks away, putting Midtown Manhattan within roughly 30 minutes. The B train, Yankee Stadium, Joyce Kilmer Park, Bronx Terminal Market, and Metro-North’s Hudson Line are also nearby. Sublets permitted. Board approval required. Financing available with 10% down. Top-floor residences in this line reach the market infrequently. This one is renovated, convertible, and available now. Figures are estimates for illustration only and are subject to rate, term, down payment, lender qualification, program eligibility, and applicable tax rules.