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New Harlem homes promise to be great investment.

In Harlem, where possibilities and promise seem limitless, a new eight-story condominium is rising, bringing with it luxurious and spacious homes. Situated in the heart of a transportation and shopping hub at 69 E. 130th St., The Walden will offer individuals, couples and families the opportunity to reside in a building with amenities and details that rival any downtown residence.

Along with residence at The Walden comes the opportunity to take part in the exciting occasion of a neighborhood's re-birth.

"According to the Prudential Douglas Elliman Manhattan Market Report for 1995-2004, the average sales price for a Harlem condominium rose 146% in 10 years," said Andy Gerringer, managing director of the development marketing group for Prudential Douglas Elliman, the company marketing The Walden.

"This is a quality building with every desirable feature at almost half the average Manhattan market price. Any buyer of a home at The Walden can rest assured that their investment will serve them well, both financially and personally."

The Walden will offer 25 one-, two-, and three-bedroom residences, including six penthouses and three maisonettes, ranging in price from $350,000 to $750,000. The goal in designing both the building and the residences was to create downtown-style design, convenience and features in an uptown condominium building. The Walden offers a 24-hour attended limestone lobby and concierge. Interior detailing and appointments feature Shaker cabinetry, stainless steel appliances and granite countertops in the kitchens. Limestone floors, custom cabinetry and separate glass enclosed showers grace the master baths. Exposures in every direction provide sun-drenched spaces with skyline or garden views. Penthouses feature the additional luxury of limestone flooring throughout, as well as in-garden duplex baths. Residents can make use of a recreation room complete with flat screen television.

Located steps away from Park Avenue as well as the 125th Street Metro North line and the 2, 3, 4 & 6 subway lines, The Walden provides a centrally located home base for New Yorkers requiring easy access to a variety of transportation choices.

The property will also offer east access to the multitude of stores, cultural institutions, businesses and restaurants in the area.
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Title Annotation:construction of The Walden condominium
Publication:Real Estate Weekly
Geographic Code:1USA
Date:May 11, 2005
Previous Article:Millennium gets in the mix.
Next Article:Money to be made in converting IMDs to residential.

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