Waterbridge 47 in Brooklyn's DUMBO Neighborhood Almost 60 Percent Sold
April 27 2015 - 10:12AM
Greystone, a New York-based real estate development and financial
services company, today announced that Waterbridge 47 is
approaching 60 percent sold. Waterbridge 47 is a new and upcoming
boutique condominium development in Brooklyn's historic Vinegar
Hill / DUMBO neighborhood at the corner of Bridge and Water
Streets. Exclusive Marketing and Sales of the building's 25 total
units are being managed by Brooklyn-based brokerage
aptsandlofts.com.
Designed by architect AB Architekten, with interiors by Durukan
Design, Waterbridge 47 offers residents a unique mix of amenities
to complement its proximity to DUMBO's waterfront and green space.
Amenities include a private, glass-enclosed wine cellar and tasting
room; off-site concierge access; roof deck with skyline views;
fitness center; inner courtyard; children's playroom; bicycle
storage; and private parking.
"We're thrilled about the progress for both sales and
construction on Waterbridge 47," said Jeffrey Simpson, head of
Greystone Property Development. "Prospective buyers can feel
confident they will receive a luxury product when promised, and one
that offers unmatched amenities in one of the most sought-after
neighborhoods in New York City."
Waterbridge 47 features two- and three-bedroom homes including
two Penthouses with wraparound terraces. All residences feature
solid Ash Antiqued plank wood flooring; marble countertops;
stainless steel appliances; white lacquer and glass finishes in the
kitchens; and in-unit laundry machines. Select residences offer
private patios and balconies, and private roof terraces. Units
range in size from approximately 973 sq. ft. two bedrooms to more
than 1,200 sq. ft. three bedrooms, with prices for remaining units
starting at approximately $939,750 to $2,315,000.
"We are seeing a 50 / 50 in our demographics between current
DUMBO residents looking to upgrade to a true two- or three-bedroom
apartment, and Manhattanites really drawn to our amenities such as
the private wine cellar and tasting room and the children's
playroom, as well as the finishes and what they see as an
opportunity to live in a very unique neighborhood at a fraction of
the cost of a new development condominium in Manhattan," said David
Maundrell, president and founder of aptsandlofts.com. "This section
of DUMBO has raw industrial charm which the neighborhood is known
for, but is very quiet and has more of a tranquil living experience
compared to other segments of the neighborhood."
Waterbridge 47 is expected to be complete in Fall 2015. For more
information, visit www.Waterbridge47.com.
About Greystone
Greystone is a financial services and private investment group
whose original core business is real estate lending. Over the
years, Greystone has added business lines that are related to, and
are natural extensions of, its core business. Headquartered in New
York with offices across the U.S., Greystone is active in three
major business segments: Mortgage Finance, Real Estate and
Healthcare. Greystone's mission is to apply unparalleled creativity
while modeling corporate compassion. For more information, visit
www.greyco.com.
CONTACT: Karen Marotta
Director of Communications, Greystone
212-896-9149
KMarotta@Greyco.com