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. This unit 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/mo). The co-op will be vacant August 1, 2022, and the new owner will need to take occupancy. 800 Grand Concourse is NOT investor friendly, and the co-op restricts investors purchasing units to utilize as rentals. The sublet policy allows for a max sublet of 2 years for every 5 years of ownership with board approval. No subletting is allowed immediately after purchase. 800 Grand Concourse is a full-service, 24HR doorman, pet-friendly, elevator building with valet parking garage (no wait list). The building is situated in the coveted Yankee Stadium corridor of the South Bronx and is a quick 10-minute commute to Manhattan.
Listing courtesy of Mable Ivory from Engel & Volkers NY Real Estate
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