The Krantz + Krantz Team at Compass recently announced that 26 W 127th Street, a boutique luxury condominium located between Lenox Ave. and Fifth Ave. in central Harlem, has surpassed 50 percent sold in just 10 weeks.
Completed this summer, 26 W 127th Street boasts 11 one-bedroom residences and one studio apartment ranging in size from 572 to 587 square feet; sales first launched in June. Prices for the remaining available one-bedrooms residences start at $595,000, including a 587-square-foot one-bedroom garden-style apartment featuring a 700-square-foot private garden asking $760,000.
“The residences at 26 W 127th Street were designed with today’s buyers in mind who want open layouts with enough space to work from home in comfort; the right combination of amenities; public and private outdoor spaces to unwind in; and an incredible location in central Harlem,” said Jeff Krantz, leader and co-founder of The Krantz + Krantz team at Compass, the exclusive sales and marketing team for the new development.
Achieving the 50 percent sold mark has become an increasingly important milestone for new developments—and is especially important for buyers looking to obtain favorable financing as banks are continuing to keep tight lending standards amid a volatile interest rate market. At 26 W 127th Street, Krantz + Krantz has partnered with First Republic Bank to offer special low rates and thousands of dollars towards closing costs to qualifying first time buyers, making it easier for purchasers looking to buy a move-in-ready home.
Residences at the boutique brick-and-glass condominium feature five-inch, white oak flooring throughout; eight-foot-high Pella Windows that flood residences with natural light; in-unit, vented washers and dryers; double width closets; and modern, open layouts with inset wooden shelving units in the living room. 70 percent of the units feature a private balcony—and with just two units per floor, the building’s private common areas were designed to evoke a hotel-like aesthetic.
Open kitchens at 26 W 127th Street have been generously appointed with Bosch counter-top stoves and oven, and Liebherr refrigerators. Custom matte-gray, soft-touch cabinets sit below the quartz countertop while five-inch-thick floating oak shelves offer a stylish mid-century contrast. Bathrooms are designed with stylish black matte hardware, dolomite marble and custom vanities below a mirrored wall.
Amenities at 26 W 127th Street include a smart-connected “digital doorman,” a large fitness center, bike storage and an owners’ rooftop with sweeping views of the New York City skyline. Private storage units are also available for purchase.
