t is located in Midwood-one of glorious historic film and television origin that predates even Hollywood- in fact Midwood is the original Hollywood. However this fact is NOT WELL KNOWN, thus creating an awesome opportunity as investors will soon realize the difference and play catchup to this UNDERVALUED (priced at a steep discount to Williamsburg/Dumbo), soon to ascend, situation. Local non-profit Midwood Development Corp. is working on revitalizing the area?s former historic glow in film/television- its historic roots unmatched by any area of Brooklyn or in fact, any city in the world.
b. It has a strong Contemporary artistic focus with good collaboration with contemporary artist community. This helps support future appreciation for the building- Living in an Artpiece movement.
c.SPACIOUS layout- relaxing, soothing wider Layout with higher ceiling, large window views for true comfort.
d.Great views of street and City. Each apartment has 2 balconies for your cigarette habits. Roof top garden allow stargazing, animal/bird watching, soft conversation, quiet reflection.
e.Good Interior finishes and equipments that competes well with any Manhattan luxurious building- yet priced at a deep DISCOUNT.
f.Unique Amenities -RELAX HAVEN - Relaxation Lounge, Front Patio and Roof Garden for your DAILY ESCAPE and stress release, with games such as mini-golf, exercise chair Ab-Lounge, massage chair.
g.Centrally Located, Easy access to all transports, pristine beach/harbor, asian eateries and nearby retail convenience.
h. Profile of apartment -
Magellan - ***Spacious Living***
Built SPACIOUS with wide layout, wide windows, higher ceilings compared to other new bldgs around the area.
New 8 storey Bldg with 12 units immed. avail - 6 front w street view and 6 Back with Garden view.
Mostly 2 br 2 baths, Look at Layout pic - most apts share the same layout.
1200 NET SF average apt. : 60-100 sf for 2 balconies.
Average Pricing is $700 per NET SF.
Common charges plus r.e. tax each mth total $300 avg./mth
with 8 yrs tax abatement.
Upper flrs have great city manhattan skyline views.
Parking spots for purchase only.
Built w quality interior finish- mahogany hard wood floors, granite kitchen top, quality kitchen equipment- fridge, dishwasher, microwave, stove, cabinets, ptac for heat/aircon.
Washing machine and dryers negotiable -provided upon request.
Beautifully tiled 2 elegantly tiled bathrms, & 2 large/ 1 small closets,
Large windows in every rm with lots of sunlight and gd view.
Two Quality brass tiled balconies with top skyline views - gd for daily cigarette escape, animal/bird watching, stargazing.
Building has roof garden w views of Manhattan for soft conversation, relaxation lounge for daily escape with games such as mini-golf, exercise chair Ab-Lounge, massage chair (all features upon voting)
Building is also centrally located to all public transport, shopping, restaurants, beach- 2 Chinatowns at Ave U and 86st.
Ocean Ave spans north to south in a mere 15 min drive - allows quick non-congested transit to any direction u going - Queens, Manhattan, Long Island, Upstate NY, NJ.
Midwood is truly MOST CENTRALLY located.
The building, though small in size compared to other larger buildings, comes with only 12 apartments- thus giving it a private, prestige aura.
Why New Condo Market?
Minimal property tax -15 yr Tax Abatement. No Maintenance legal responsibilities.
Best Appreciative Opportunity both short term and long term as the new generation likes buying what is Comfortable and Spacious- all features are new, stylish, spacious w great views.