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New developments around NYC with incentives for buyers

From Future New York New developments in NYC offering buyer's enticing incentives

By CityRealty Staff Thursday, November 2, 2023

The down payment is one of the most-discussed goals when saving up for a new apartment, but it is also important to be sure that one can pay condo common charges, co-op maintenance, and other monthly fees, which can add up quickly on top of a mortgage. However, some developers are well aware of that and are prepared to offer free or reduced monthly fees for a limited time as incentives to buy in their buildings. The following listings are all located in newly completed or refurbished buildings with thoughtful amenities, and all come with special offers.

Brooklyn Point, Downtown Brooklyn

429 Kent Avenue
216 Units | 7 Stories
One-beds from $1,215,000 | Two-beds from $1,895,000, Three-beds from $2,835,000

Closing Costs on Us! For a limited time, sponsor will cover buyer’s closing costs (approx. 4% of purchase price) for all new signed contracts.

Brooklyn Point (Extell Development Company)

Brooklyn Point, #22C
$1,295,000

Downtown Brooklyn | Condominium | 1 Bedroom, 1 Bath | 751 ft²
Closing Costs on Us! For a limited time, sponsor will cover buyer’s closing costs (approx. 4% of purchase price) for all new signed contracts.

Brooklyn Point, #22C (Serhant LLC)

From the Listing: A pristine residence nestled in the prestigious Brooklyn Point development, this stunning 1-bedroom, 1-bathroom home is a portrait of contemporary Brooklyn living. Features of this 751 sq. ft. home include beautiful wide plank stained oak floors, floor-to-ceiling windows with northern exposure and panoramic views of Manhattan, an in-home washer/dryer, and a harmonious light wood color palette with satin copper fixtures and finishes designed to accentuate space and natural light. See floor plan and full details here.

75 First Avenue, East Village

429 Kent Avenue
216 Units | 7 Stories
One-beds from $1,290,000 | Two-beds from $1,995,000, Three-beds from $5,250,000

Sponsor will cover 2 years of common charges for all signed contracts before November 23rd, 2023.

75 First Avenue, #PHA
$5,250,000

East Village | Condominium | 3 Bedrooms, 3 Baths | 1,757 ft²
Sponsor will cover 2 years of common charges for all signed contracts before November 23rd, 2023.

75 First Avenue, #PHA (Serhant LLC)

From the Listing: Welcome to this stunning crown jewel, 3-bedroom, 3-bathroom penthouse at 75 First Ave with "WOW" views, one of the most luxurious residential boutiques in the East Village with interiors designed by star Italian architect Stefano Pasqualetti. Northern and eastern light pours through floor-to-ceiling windows, accentuating beautiful wide plank light gray oak floors and an airy open plan layout. A large walk out balcony and private rooftop terrace offers exciting indoor/outdoor lifestyle possibilities. The home begins with a skylit living room, dining room, and kitchen saturated with natural light. See floor plan and full details here.

The Eldertree, Bushwick

10 Units | 5 Stories
Two-beds from $795,000 | Three-beds from $995,000

5.875% financing for qualified buyers available through Valley National Bank Community Plus Program!

The Eldertree, #4A
$795,000

Bushwick | Condominium | 2 Bedrooms, 2 Baths | 760 ft²
5.875% financing for qualified buyers available through Valley National Bank Community Plus Program

The Eldertree, #4A (Corcoran Group)

From the Listing: Residence #4A is a 760 square-foot winged 2-bedroom, 2-bathroom home. The split layout offers more privacy in the primary bedroom and less noise traveling throughout the home. Each room welcomes warm South West sunshine through walls of windows. See floor plan and full details here.

One Manhattan Square, Lower East Side

252 South Street
811 Units | 72 Stories
One-beds from $1,230,000 | Two-beds from $1,990,000, Three-beds from $2,790,000

Sponsor will buy down your mortgage interest rate by 2% annually for the first 3 years of your mortgage.

One Manhattan Square (Extell Development Company)

One Manhattan Square, #10H
$1,990,000

Lower East Side | Condominium | 2 Bedrooms, 2 Baths | 1,156 ft²
Sponsor will buy down your mortgage interest rate by 2% annually for the first 3 years of your mortgage.

One Manhattan Square, #10H (Extell Marketing Group LLC)

From the Listing: Residence 10H is a 1,156 square foot two bedroom, two bathroom, with an open gourmet kitchen and breakfast bar. This spacious corner residence faces North East and South East with expansive Midtown, East River, and Manhattan Bridge views. Warm, modern interiors are brought to life by the renowned design team at Meyer Davis Studio. This residence features imported stone and custom finishes, a premium Miele appliance package, 5” wide stained oak flooring, master bath with custom wood cabinetry, marble tile walls and mosaic floors with radiant heat, an under-mount Wetstyle sink with glass vanity top, and Dornbracht polished chrome faucets and a washer and dryer. See floor plan and full details here.

Oosten, South Williamsburg

429 Kent Avenue
216 Units | 7 Stories
One-beds from $1,250,000 | Two-beds from $1,450,000, Three-beds from $2,455,000 | Four-beds from $2,950,000

Select Units: Reduced pricing, no board package required, and sponsor will punch list the apartment

Oosten from central courtyard (BHS)

Oosten, #PH5
$4,995,000

Williamsburg | Condominium | 6+ Bedrooms, 6+ Baths | 5,086 ft²
Reduced pricing, no board package required, and sponsor will punch list the apartment

Oosten, #PH5 (Compass)

From the Listing: Parking now available starting at $125k. Situated on the vibrant South Williamsburg waterfront with endless amenities, Oosten brings luxury living in New York City to a whole new level. This spacious duplex home has double-height ceilings and oversized rooms throughout- Incredible space at a price per square foot you simply won’t find anywhere else. See floor plan and full details here.

Origin Valentine, Bedford Park

3000 Valentine Avenue
57 Units | 6 Stories
One-beds from $195,000 | Two-beds from $280,000

Select Units: Rent to Own Option Available! Sponsor Sale with No Board Approval and Flexible Financing

Origin Valentine

Origin Valentine, #5F
$220,000

Bedford Park | Cooperative | 1 Bedroom, 1 Bath | 900 ft²
Rent to Own Option Available! Sponsor Sale with No Board Approval and Flexible Financing

Origin Valentine, #5F (Corcoran Group)

From the Listing: Origin Valentine #5F is a 1 bedroom/1 bath 900 square foot home featuring the highest upgrades in all aspects. From the moment you enter, you will be greeted by graceful arches and pre-war details that set the stage in this turn-key home. The residence's premium upgrades include Terra Legno Cannon gray engineered wood flooring, flush mount Maxim Linear LED overhead lighting fixtures, interior two panel doors by Jeld-Wen with hardware by Yale, and 8" base moldings. See floor plan and full details here.

Origin Perry, Bedford Park

3245 Perry Avenue
42 Units | 6 Stories
One-beds from $190,000 | Two-beds from $220,000

No Board Approval and Flexible Financing

Origin Perry Corcoran

Origin Perry, #2G
$240,000

Bedford Park | Cooperative | 1 Bedroom, 1 Bath | 947 ft²
No Board Approval and Flexible Financing

Origin Perry, #2G (Corcoran Group)

From the Listing: 3245 Perry #2G is a spaciously laid out corner 1 bedroom/1 bath 947 square foot home featuring the highest upgrades in all aspects. From the moment you enter, you will be greeted by graceful arches and pre-war details that set the stage in this turn-key home. The residence's premium upgrades include Terra Legno Cannon gray engineered wood flooring, flush mount Maxim Linear LED overhead lighting fixtures, interior two-panel doors by Jeld-Wen with hardware by Yale and 8" base moldings. See floor plan and full details here.

Origin Park Terrace East, Inwood

95 Park Terrace East
46 Units | 6 Stories
One-bed for $485,000

No Board Approval and Flexible Financing

Origin Park Terrace East

Origin Park Terrace East, #5D
$485,000

Inwood | Cooperative | 1 Bedroom, 1 Bath | 758 ft²
No Board Approval and Flexible Financing

Origin Park Terrace East, #5D (Corcoran Group)

From the Listing: Origin Park Terrace East #5D is a spaciously laid out corner 1 bedroom, 1 bath home featuring the highest upgrades in all aspects. From the moment you enter, you will be greeted by graceful arches and pre-war details that set the stage in this turn-key home. The residence premium upgrades include Oceanfront Birch engineered wood flooring, flush mount Hampton Bay Flaxmere overhead lighting fixtures, interior solid core single panel doors by Brosco with hardware by Yale, and 6" base moldings. See floor plan and full details here.

H70, Midwood

618 Avenue H
43 Units | 8 Stories
One-beds from $460,000 | Two-beds from $629,000 | Three-beds from $999,000

H70 (The Corcoran Group)

H70, #4E
$760,000

Midwood | Condominium | 2 Bedrooms, 2 Baths
One year of common charges and taxes covered by sponsor

H70, #4E (Corcoran Group)

From the Listing: Each unit within the H70 condominium features meticulous attention to detail, showcasing luxurious finishes and tasteful color palettes that accentuate the comprehensive and sophisticated design. Interior features include European oak hardwood floors, finished doors, and oversized windows, and LED light fixtures. The custom-designed kitchens have Fulgini Contract Italian cabinetry with soft closing doors and drawers, engineered quartz Calaccatta design countertops and backsplash, trimmed with under-cabinet LED lighting. All units feature a premium appliance package by Blomberg. The immaculate spa-like bathrooms are outfitted with porcelain tiles imported from Spain, featuring radiant heated floors. See floor plan and full details here.

323 Lenox Road, Prospect Lefferts Gardens

47 Units | 7 Stories
One-beds from $550,000 | Two-bed for $899,000

323 Lenox Road (The Corcoran Group)

323 Lenox Road, #2F
$899,000

Prospect Lefferts Gardens | Condominium | 2 Bedrooms, 2 Baths | 809 ft²
Two parking spaces and a storage unit included in purchase price
Sponsor Paid 2/1 Rate Buydown Available

323 Lenox Road, #2F (Corcoran Group)

From the Listing: Introducing 323 Lenox Road, the newest condominium offering on the Prospect Lefferts Gardens/Flatbush border. Interiors are framed by up to 10' exposed concrete ceilings, floor-to-ceiling sound-attenuated windows, and ash gray, wide plank, European oak flooring. Kitchens are appointed with full-height, custom matte grey lacquer cabinetry, brushed stainless LG refrigerators with bottom freezer, integrated Blomberg dishwashers, and a 4 burner Blomberg gas range. Baths incorporate either glass-enclosed showers or Kohler soaking tubs, and neutral-toned floors and wet walls in large format porcelain tile. See floor plan and full details here.

Huxley, East Harlem

181 East 101st Street
71 Units | 9 Stories
Studios from $599,000 | One-beds from $795,000 | Three-beds from $1,275,000

Huxley (Serhant LLC)

Huxley, #809
$1,275,000

East Harlem | Condominium | 3 Bedrooms, 2 Baths | 972 ft²
12 months common charges waived

Huxley, #809 (Serhant LLC)

From the Listing: Move right into this stunning 3-bedroom, 2-bathroom home and enjoy a contemporary lifestyle at East Harlem's newest development. Features include high-end imported Italian finishes, lovely wide plank oak floors, high ceilings, custom built-in wardrobe cabinets from Santalucia Mobili, and oversized black framed windows that fully open to create an indoor/outdoor oasis. The home begins with a welcoming foyer adorned with a custom wardrobe and then flows into an open-concept living room, dining room, and kitchen saturated with natural light. The primary bedroom is quiet and private thanks to a thoughtful split-wing layout. See floor plan and full details here.

Front & York, 85 Jay Street, DUMBO

408 Units | 21 Stories
One-beds from $1,130,000 | Two-beds from $1,775,000 | Three-beds from $2,450,000

Sponsor offering up to 3 years of free common charges

(CIM / LIVWRK)

Front & York, #8R-FRONT
$3,895,000

DUMBO | Condominium | 3 Bedrooms, 2.5 Baths | 1,821 ft²
Sponsor offering up to 3 years of free common charges

Front & York, #8R-FRONT (CIM / LIVWRK)

From the Listing: Immediate Occupancy! Three for Three: 3 years of Common Charges and Sponsor Paid Transfer Taxes on Select 3-beds. All Other Residences Receive 2 years of Common Charges and Sponsor Paid Transfer Taxes.**

Residence 8R-Front is a 1,821-square-foot sun-filled three-bedroom, two-and-a-half-bathroom home offering a gracious layout and immense divided light windows. Two private terraces totaling approximately 1,042 square feet offer the finest in outdoor living. Designed inside and out by Morris Adjmi, an Architect celebrated for honoring the New York Vernacular while adding a fresh, contemporary spin. Residences at Front &York pays homage to the industrial and historic character of DUMBO, inspired by the past and designed for the future. See floor plan and full details here.

The North, Williamsburg

526 Union Avenue
44 Units | 7 Stories
Two-beds from $1,475,000

Credit against the purchase price of the apartment at closing in the amount of five years' worth of fifty percent of the projected real estate taxes for the first year of condominium operations

The North (MNS)

The North, #303
$1,475,000

Williamsburg | Condominium | 2 Bedrooms, 2 Baths | 976 ft²
Credit against the purchase price of the apartment at closing in the amount of five years' worth of fifty percent of the projected real estate taxes for the first year of condominium operations

The North, #303 (MNS)

From the Listing: The North personifies unified design, seamlessly blending a simplified color scheme with organic woods and industrial flourishes. Features include elegant finishes, Bosch appliances, enormous windows, and private outdoor space. Carefully curated, and thoughtfully designed, The North offers a rich set of amenities designed to enhance the everyday, including a fitness center,, rooftop terrace with outdoor kitchen, and parking with electric vehicle charging stations. See floor plan and full details here.

505 W 43, Midtown West

505 West 43rd Street
123 Units | 16 Stories
Two-beds from $1,498,000 | Three-beds from $1,995,000 | Four-bed for $4,500,000

Now offering two years common charge credit on one through three-bedrooms on contracts signed by December 31, 2023

505 W 43

505 W 43, #14H
$2,498,000

Midtown West | Condominium | 3 Bedrooms, 2.5 Baths | 1,488 ft²
Now offering two years common charge credit on one through three-bedrooms on contracts signed by December 31, 2023

505 W 43, #14H (Corcoran Sunshine Marketing Group)

From the Listing: Residence #14H is a distinctive, 1,488-square-foot three-bedroom home with three exposures and a private balcony overlooking 505 W 43's tranquil private park. This spacious residence features a five-fixture primary bathroom, floor-to-ceiling windows overlooking sunny northern and southern views, five-inch light oak flooring throughout, and an open kitchen with white lacquer cabinetry, white quartz countertops and Bosch oven, refrigerator and dishwasher. There is also a Bosch washer and dryer, Silhouette wine refrigerator, and an InSinkerator food disposal. See floor plan and full details here.

1080 Lorimer Street, Greenpoint

25 Units | 5 Stories
Two-beds from $1,575,000

1080 Lorimer Street (Serhant LLC)

1080 Lorimer Street, #2H
$1,575,000 (-7.3%)

Greenpoint | Condominium | 2 Bedrooms, 2 Baths | 1,193 ft²
One year of free common charges

1080 Lorimer Street, #1A (Serhant LLC)

From the Listing: Welcome to this brand new 2-bedroom, 2-bathroom home at 1080 Lorimer, a coveted luxury condominium that reimagines an early-20th century icon for refined 21st-century living. The direct western light highlights the 10.5’ ceilings throughout, providing airy interiors that exude modern sophistication and elegance. Beautiful 5-inch-wide European oak floors complement high ceilings, gallery-style walls, and double-paned thermally-broken steel casement windows. See floor plan and full details here.

Gramercy 1860

327 East 22nd Street
11 Units | 7 Stories
Two-beds from $1,995,000 | Three-bed for $3,495,000

Gramercy 1860 (Compass)

Gramercy 1860, #5A
$1,850,000

Gramercy Park | Condominium | 2 Bedrooms, 2 Baths | 1,326 ft²
Auction Reserve Prices on Two Units. Submit Offer Here.

Gramercy 1860, #5A (Compass)

From the Listing: Please note that the above-referenced price reflects the Reserve Price for the property in connection with the November 2nd deadline. Please submit offers anytime, now through November 2. Seller reserves the right to accept or reject offers. Additional terms apply. Please visit Paramount Realty USA’s website for more details.

Unit 5A is a 25’ wide floor through home with 2 bedrooms, 2 bathrooms and 1326 interior square feet.Features include floor-to-ceiling windows, northern and southern exposures, and a Juliet balcony. See floor plan and full details here.

One Essex Crossing, Lower East Side

202 Broome Street
83 Units | 15 Stories
One-beds from $1,395,000 | Two-beds from $2,650,000 | Three-bed for $3,295,000

One Essex Crossing

One Essex Crossing, #8C
$1,450,000 (-4%)

Lower East Side | Condominium | 1 Bedroom, 1 Bath | 779 ft²
Sponsor offering 24 months free common charges.

One Essex Crossing, #8C (Corcoran Group)

From the Listing: Residence 8C is a spacious 778 SF 1 bedroom, 1 bath home that features generous storage including a walk-in closet, and delivers stunning northern views toward Midtown. This residence features wide plank European oak flooring with a warm custom stain, ceiling heights of up to 10 feet, and oversized windows providing exceptional natural light and air. See floor plan and full details here.

142Flatiron, Chelsea

142 West 19th Street
7 Units | 8 Stories
Two-beds from $2,595,000

142Flatiron (Compass)

142Flatiron, #2
$2,595,000 (-9.7%)

Chelsea | Condominium | 2 Bedrooms, 2 Baths | 1,543 ft²
Receive 12 months free common charges on contracts.

142Flatiron, #2 (Compass)

From the Listing: Perched on the second floor, this refined and luxurious two-bedroom + home office floor-through residence is the perfect place to call home. Every detail epitomizes quality and craftsmanship. Loft-like, bright, and airy, the second you enter your private floor via a key locked elevator, a sense of home overcomes you. You're welcomed by five oversized windows, high ceilings, 7-inch-wide plank oak flooring and an open chef's kitchen featuring top-of-the-line appliances from Miele. As you venture down the hall you come across a large home office which can easily convert into a media room, home gym, or serve to host the overflow when entertaining 30 of your closest friends! The primary suite features large windows, an oversized closet, and a luxurious five-fixture Carrara marble bath. See floor plan and full details here.

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Features

429 Kent Avenue216 Units | 7 Stories One-beds from $1,215,000 | Two-beds from $1,895,000, Three-beds from $2,835,000

429 Kent Avenue216 Units | 7 Stories One-beds from $1,290,000 | Two-beds from $1,995,000, Three-beds from $5,250,000

10 Units | 5 Stories Two-beds from $795,000 | Three-beds from $995,000

252 South Street811 Units | 72 Stories One-beds from $1,230,000 | Two-beds from $1,990,000, Three-beds from $2,790,000

429 Kent Avenue216 Units | 7 Stories One-beds from $1,250,000 | Two-beds from $1,450,000, Three-beds from $2,455,000 | Four-beds from $2,950,000

3000 Valentine Avenue57 Units | 6 Stories One-beds from $195,000 | Two-beds from $280,000

3245 Perry Avenue42 Units | 6 Stories One-beds from $190,000 | Two-beds from $220,000

95 Park Terrace East46 Units | 6 Stories One-bed for $485,000

618 Avenue H43 Units | 8 Stories One-beds from $460,000 | Two-beds from $629,000 | Three-beds from $999,000

47 Units | 7 Stories One-beds from $550,000 | Two-bed for $899,000

181 East 101st Street71 Units | 9 Stories Studios from $599,000 | One-beds from $795,000 | Three-beds from $1,275,000

408 Units | 21 Stories One-beds from $1,130,000 | Two-beds from $1,775,000 | Three-beds from $2,450,000

526 Union Avenue44 Units | 7 Stories Two-beds from $1,475,000

505 West 43rd Street123 Units | 16 Stories Two-beds from $1,498,000 | Three-beds from $1,995,000 | Four-bed for $4,500,000

25 Units | 5 Stories Two-beds from $1,575,000

327 East 22nd Street11 Units | 7 Stories Two-beds from $1,995,000 | Three-bed for $3,495,000

202 Broome Street83 Units | 15 Stories One-beds from $1,395,000 | Two-beds from $2,650,000 | Three-bed for $3,295,000

142 West 19th Street7 Units | 8 Stories Two-beds from $2,595,000

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