Although the cost of living in Brooklyn continues to rapidly rise, several opportunities are surfacing giving locals a chance at luxury living for a decent price.
Developers of Waverly Brooklyn in Clinton Hill are offering a rare opportunity to purchase luxury condos at market-price.
YES, PURCHASE!
The building located at 500 Waverly Avenue has a total of 11 units up for grabs, including 1 studio, four one-bedroom and 6 two-bedroom spaces, priced as low as $156,444. One and two-bedrooms condos are expected to go to to tenants who bring in an annual earning between $32,617 to $48,923 and will cost between $165,283 and $252,330, which is approximately a 63-76% discount. The other six two-bedroom units will be $163,577 and $179,691, marked down by an 82-84% discount compared to Clinton Hill’s median prices.
Residents can expect an extreme level of comfort and ensured safety with lobby security, a lounging area with a library in the main concourse, media center and kitchenette, terrace with gas grills and dinning areas, rooftop garden overlooking the skyline, a fitness center, and bicycle, parking and private storage for an extra fee.
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The property located towards the southwest corner of Fulton street near the Clinton Washington stop on the C train line ask that all applications are mailed out regularly to a post office box number located on the application and postmarked by September 6, 2016.
First time homeowners are more than welcome to apply as long as they are able to put down a  minimum payment of 10% of the unit’s purchase price.
For applications and more information on how to jump on this deal simply click here.