VANDERBILT AVE #11E

Why Rent When it is much Less Costly to Own?

The Epitome of Modern Living in The Heart of The Brooklyn Navy Yard. Welcome home to a triple-mint one bedroom in the award-winning Navy Green, a LEED-certified new development designed by FXFowle Architects. Presenting a special opportunity to own a luminous 718 SF condo with absurdly low common charges, 421-A abatement and a fantastic amenity package - all for under $1,100 per SF! Tax abated for another 19 years (Exp 2042), this home is bot…

Why Rent When it is much Less Costly to Own?

The Epitome of Modern Living in The Heart of The Brooklyn Navy Yard. Welcome home to a triple-mint one bedroom in the award-winning Navy Green, a LEED-certified new development designed by FXFowle Architects. Presenting a special opportunity to own a luminous 718 SF condo with absurdly low common charges, 421-A abatement and a fantastic amenity package - all for under $1,100 per SF! Tax abated for another 19 years (Exp 2042), this home is both a sustainable asset and a fantastic investment opportunity with the potential to achieve a 4.7% cap rate cash on cash return.

Soaring on the 11th floor with eastern exposure & city views, the apartment also showcases sleek 5" white oak floors and graciously-sized rooms with oversized picture windows, and abundant closet space including a walk-in. Pass through the open kitchen featuring quartz countertops, ceramic backsplash, full-sized stainless steel appliances made by Bosch & Kitchenaid, and custom white cabinetry into a spacious living/dining area filled with natural light. Wake up from the sun gleaming into the bedroom that's large enough for a king-sized bed and a workstation for those (wfh) working from home! After a long day, the spa-like bathroom awaits...outfitted in porcelain wall tiles, chrome fixtures and smoked walnut finished vanity with solid surface sink.

Navy Green's on-site amenities include: 30,000 square feet grassy courtyard and garden, beautifully landscaped roof deck with BBQ and views of the East River, Manhattan, & Downtown Brooklyn, elegantly designed glass-framed lobby with seating area, two elevators, fitness room, bike room, cold storage, laundry room, superintendent services, and last but not least, a cloud-based smart intercom system.

The Navy Yard is one of the most exciting revitalizations in New York City. This historic landmark dating back to the 17th century is now a major hub & community of makers, creatives, tech-visionaries, artists, architects, foodies. Within close proximity are Wegman's Food Markets and the highly-anticipated The Hall Development which consists of 10 buildings, over 650K SF and new home to retail, restaurant and creative offices. Building 77 and 92 are home to well-known hotspots such as Russ & Daughters, and Transmitter Brewing - WeWork and the NYC Ferry are directly across Building 77 at the end of the block. Take advantage of a leisurely, open-air commute directly into Downtown & Midtown Manhattan!

This Brooklyn cultural district borders Clinton Hill, Fort Greene, Bed-Stuy, Dumbo and Williamsburg. Located moments away from Fort Greene Park, Myrtle Ave & Dekalb Ave, a pair of Brooklyn's hottest culinary streets. There are plenty of options for public transportation: CitiBike across the street, B57/B69/B62 buses right around the corner, F line on York and A, C, F &R lines on Jay St - MetroTech, and G line on Clinton-Washington Ave. Extremely easy access onto the BQE, Brooklyn Bridge & Manhattan Bridge!