Bracha New York reveals Edgecombe Parc Condominium is 80% in contract

According to sales and marketing team Bracha New York, Edgecombe Parc Condominium is 80% in contract in less than ten months on the market and closings have started. Located at 456 West 167th St., the project is a premier building featuring 49 residences and six commercial units in Washington Heights. The developer is Gleam Realty Inc. "Edgecombe Parc is an attractive ownership opportunity because it's located in Washington Heights, an evolving neighborhood that provides buyers with the ability to get in early at attractive price points, compared to other parts of Manhattan where prices have skyrocketed," said Ilan Bracha, president of Bracha New York at Keller Williams NYC. Edgecombe Parc residences started at $340,000 to $1 million for one-bedrooms to three-bedrooms. Homes range from 500 s/f to 1,170 s/f. The furnished lobby boasts a marble and granite finish and features a waiting area for guests. Additional features include a fully equipped fitness center, secure bicycle storage rooms, doorman/concierge service, a garden adjacent to the gym and a rooftop terrace with views of the park, George Washington Bridge and the Manhattan skyline. The property is approved by the Federal Housing Administration, and offers financial options for homebuyers. There are 7 residences currently available on the market. Each home is finished with oak hardwood floors and double-pane windows and terrace doors to ensure privacy. The bathrooms feature a Kohler soaking tub and subtle gray and white ceramic tile walls. Each bathroom is outfitted with a TOTO toilet and black Wenge wood. The modern kitchen offers the best in mid-luxury design, complemented by the latest in kitchen technology. Each kitchen features GE Profile Series stainless steel appliances, granite countertops, custom redwood cabinets and white polished porcelain tile floors. The kitchen is also equipped with convenient side-by-side door refrigerator, microwave, dishwasher, and gas range oven with overhead air vent. The building offers community units that work well for doctorÂ’s offices and therapists as its community facility use. "Buyers are drawn to the up-and-coming neighborhood, the building and accessibility of this property," said Lisa Joa, director of operations at Bracha New York. Edgecombe Parc also offers six commercial units zoned for community facility use on the ground and cellar levels of the building. Each unit contains a private bathroom as well as private outdoor space for a few of the units in the cellar. Starting at $428,000, the commercial units range in size from 750 s/f to more than 1,000 s/f. All commercial units include a tax abatement called Industrial & Commercial Abatement Program (ICAP). One unit has already been sold. Joa said, "We are actively marketing the commercial units at Edgecombe Parc for sale. The building is close to New York Presbyterian Hospital as well as Colombia University Medical Center providing a great location for independent doctors looking to set up practices."