Central Harlem new development hits 50 percent sold mark

TRD New York /
Oct.October 24, 2011 06:56 PM
Parkside Flats and Halstead’s Executive Director for New Developments Stephen Kliegerman

Fifty percent of units are sold or under contract at Parkside Flats, a condominium at 362 St. Nicholas Avenue in Central Harlem, the exclusive marketers Halstead Property announced today. The 11-story, 22-unit development has one- and two-bedroom units, some of Which Have A Private Terrace.

Two units have already closed, while the rest, as well as move-ins, will begin within 30 days.

The one-bedrooms have all sold, according to Mediashop Public Relations’ Amy Nizwantowski, the project’s spokeswoman, and asking prices for the remaining two-bedrooms range from $426,000 to $476,000, down from earlier ranges (note: correction appended).

“As the Harlem market continues to grow and show strength, Parkside Flats offers buyers the opportunity to purchase homes at an affordable price that have great potential for future appreciation,” said Stephen Kliegerman, president of Halstead Property Development Marketing, in a statement.

Building amenities include a fitness room and courtyard. Apartments feature a contemporary interior design, stainless steel GE appliances, granite countertops, hardwood floors and views of St. Nicholas Park and the city.
The project was developed by ELH Mgmt., which helped to develop an $80 million community center in Coney Island that broke ground in July 2011, the developer said. — Jane C. Timm


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