Total Est. Monthly Carrying Cost:
$5,503 ($4.22/ft2)
Note: the above is based on a down payment of 20% ($179,000),
which is the minimum amount permitted by the building.
Description
When you open the front door and you see a clear 50-feet across to the opposite corner, you might just say ’Wow!’ Featuring three enormous arched windows with direct southern views, Unit 4A at Bronx Bricks is one of the most unique homes to ever come to the market in Mott Haven.
Originally constructed over 100 years ago, this beautiful home features original maple floors, 10-foot ceilings, exposed brick walls and exposed original wooden beams and columns.
As a corner loft with exposure to the south and east, this home is flooded by natural light and air. Residents will enjoy abundant space and feel comfortable while also being able to work from home from a custom-built home office area. This loft is ideal for a live/work buyer or anyone looking to own a unique, special, and creative space.
Units at Bronx Bricks benefit from significantly low utility bills.
Solar panels housed on the building’s roof help to negate the electrical bills for all the unit owners (for this unit, a $50 electric bill is average). Common charges are only $688 and heat is included. A J-51 tax abatement is in effect for the next five years.
This loft offers a spacious living area, work area, and dining area, a generously sized bedroom, as well as the option to create a 2nd bedroom if desired.
The open kitchen features a breakfast bar, stainless steel appliances, and a dishwasher. There is ample room for a washer/dryer to be installed if needed.
Originally built as a sewing factory, Bronx Bricks is an authentic NYC loft that was converted to condominiums in 2008. The building is equipped with a large elevator, free laundry room, and a deeded __ cubic-foot storage unit in the basement.
Free bike storage is also available. Additionally, the building features a fantastic art gallery on the ground floor, Bronx Art Space which features some of NYC’s most talented burgeoning artists.
It is truly almost impossible to find a residential loft such as this anymore in NYC for under $2M.
The building’s proximity to transportation is fantastic and a Manhattan-commuter’s dream: 25 minutes to Grand Central via the 4 and 5 express trains at 138th Street/Grand Concourse; the 6 local train is 2 short blocks away at 138th Street in front of the 40th precinct station house. The number 2 express train is located at 149th Street and Third Avenue.
For commuters heading north and into Westchester County and Connecticut, or simply heading out of The City, the Metro-North station hub at 125th Street is one train stop away or a taxi can also get you to the Yankees-E.153rd Street Metro-North stop in 5 minutes.
The Mott Haven branch of the New York Public Library is just a few doors down. Alexander Avenue, which was nicknamed as ’Bedford 2.0’, is just at the end of the block, with rows of highly coveted brownstones and the historic district.
Mott Haven has recently exploded with new development, investor interest, and renovation along the Harlem River.
Over 3,000 luxury rental units are coming online in the next 5 years. Historic townhouses are selling very fast. New restaurants, bars, art galleries, and coffee shops are opening every month. This is truly an exciting time to be in the South Bronx.
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