The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

1020 Grand Concourse, Unit 5A

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An enormous living room flows into a large adjoining dining area, creating an unusually gracious expanse anchored by a broad east-facing window. The dining area adjoins both the living room and kitchen, giving the apartment an easy, natural flow.

The bedroom is equally generous, with exceptional breadth and length. A continuous wall of closets faces the windows, providing remarkable storage while leaving the room’s proportions beautifully balanced. With east and north exposures, the exceptionally quiet apartment overlooks the green roof now nearing completion atop the attached garage.

The gracious kitchen includes a walk-through pantry with additional storage. A separate entry foyer with a large coat closet creates a distinct arrival, while the bathroom is conveniently located off the hall, away from the apartment’s principal rooms.

This estate-sale apartment is sold completely as is and requires a full renovation. Every finish and fixture can be reconsidered, while the apartment’s exceptional proportions and thoughtful layout are already in place. Maintenance is exceptionally low and includes gas and electricity.

Designed by Philip Birnbaum and completed in 1963, Executive Towers is a full-service cooperative with 24-hour doorman and security, an attached parking garage, 24-hour laundry, bicycle storage, BuildingLink, a live-in superintendent and on-site management. Its distinctive entrance retains its restored historic tile canopy, complemented by new automatic doors and lighting.

Directly across from the Bronx Museum of the Arts and close to Yankee Stadium, the building is convenient to the B, D and 4 trains, numerous bus lines, neighborhood shopping and several parks. Cats and small dogs are welcome. Pied-à-terre ownership and up to 90 percent financing are permitted. The seller will pay the current assessment in full at closing.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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