Bright and Contemporary Co-op Home with a Fully Renovated Kitchen and Bath as well as New Plank Hardwood Floors throughout. Enjoy Plentiful Closets and Storage Space. Be Ready for Summer with Multiple Ceiling Fans throughout as well as Air Conditioning Units.
This co-op home is currently sub-tenant occupied until July 31, 2022 and is being sold subject to the current, non-renewable 1-year sublease agreement (The sub-tenants are paying a rent of $2,212 per month). The apartment will be vacant August 1, 2022, and the new owner will need to take occupancy.
800 Grand Concourse is NOT an investor friendly co-op, and the co-op restricts investors purchasing units to utilize for rental purposes. The building’s sublet policy allows for a maximum sublet of 2 years for every 5 years of ownership with board approval. However, no subletting is allowed immediately after purchase of a unit.
800 Grand Concourse is a full-service, 24HR doorman, pet-friendly, elevator building with valet parking garage (no wait list), on-site storage facility and a recently completed state-of-the-art lobby.
The building is situated in the coveted Yankee Stadium corridor of the South Bronx and is located directly across the street from Franz Sigel Park and is steps to the Bronx County Supreme Courthouse, Joyce Kilmer Park, Yankee Stadium, restaurants and shops and the B/D/4 trains and Metro North, for a quick 10-minute commute to Manhattan.