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Friday’s Featured Listing – Park Slope’s Newest Condominium

Home News
July 2, 2009
Reading Time: 3 mins read

featured_listingRISMEDIA, July 3, 2009-Matri Holdings and Prudential Douglas Elliman are announced that Park Slope’s newest condominium, 500 Fourth Avenue, is open for sales. When completed in late fall of this year, the 12-story building will offer residents a variety of white glove services and high-end finishes at attainable prices.

Residents at 500 Fourth Avenue will be greeted by a dramatic double-height lobby featuring an inlaid trail of river rocks, limestone flooring, backlit white onyx and suede-wrapped wall panels surrounding a striking fireplace. The 24/7 attended lobby will boast storage space for cold and dry storage deliveries and provide access to the building’s on-site parking garage.

500 Fourth Avenue will feature 156 studio-, one-, two- and three-bedroom residences ranging in size from 539 to 1,456 square feet and priced from $342,000 to $1,077,000. The building will also feature an approximate 3,000 square-foot duplex townhouse priced at $1,426,000, providing a unique opportunity to own a new-construction townhouse in this historic Brooklyn neighborhood. All homes will benefit from a 15-year, 421-A tax abatement.

Sun-drenched residences will feature high end finishes throughout which consistently include exquisite limestone, Italian marble, and rich natural white oak flooring. Kitchens feature a full Viking appliance package complete with commercial-grade ovens and separate cook tops, French-door refrigerators with filtered water system, microwaves and dishwashers. Manhattan Calacatta honed marble countertops and custom-made grey oak hardwood cabinetry with space saver pullouts and soft-closing drawers are set against a stunning snow and ice honey Onyx and frosted glass backsplashes. All residences will be wired for telecommunications and will be equipped with a Unitone video intercom system allowing seamless communication with the full-time doorman, emergency personnel, and taxi service at the touch of a button. A majority of residences also boast spacious balconies.

Spa-like master baths are adorned with polished Gaudi marble floors and walls of Lagos gold-honed limestone with accents of mosaic toffee and shimmering millennium glass. Larger units offer double sink vanities with separate Zuma soaking tubs and frameless glass shower stalls.

“500 Fourth Avenue features everything a home buyer could want; incredible amenities and services, exquisite high-end finishes, set in one of New York City’s most sought after neighborhoods, while maintaining low common charges, a 421-A tax abatement, all at unbelievable prices, providing excellent value.” said Joyce Kafati-Batarse, Senior Vice President of Prudential Douglas Elliman. “Every detail of the building was meticulously planned offering a true home for residents.”

As an extension of each home, 500 Fourth Avenue will offer an extraordinary 5,000 square feet of amenity space. The Club 500 lounge allows residents to have the ideal space to host a social event, business meeting or private screening and will boast a large LCD television, kitchenette, plush seating and a gaming area with a pool table, all of which can be sectioned off to suit all of residents’ entertaining needs.

Adjacent to Club 500 will be a 2,500-square-foot landscaped terrace, perfect for entertaining or as a respite from the stresses of everyday life. Boasting stylish seating and sophisticated landscaping, the terrace is the perfect location for friendly gatherings, or quiet retreats.

At 500 Fourth Avenue concierge services will also be available to all residents to assist with everything from move-in services; preferred restaurant, hotel and night club reservations; tickets for theater, concerts and sporting events; massage/salon bookings; referrals for interior design, nutritionists and contractors; housekeeping; childcare; in-home catering and more.

Additional amenities at 500 Fourth Avenue include a state-of-the-art fitness area; solarium for yoga, dance, meditation and stretching; and a children’s playroom.

Park Slope, long-known for its charming streets, historic buildings, top-rated restaurants, bars, and shops as well as close access to Prospect Park, Brooklyn Academy of Music, the Brooklyn Botanic Garden, the Brooklyn Museum, the Brooklyn Conservatory of Music, and much more, offers endless possibilities for entertainment, dining and leisure. Accessible on every level, 500 Fourth Avenue is steps to the F, M and R subway lines and gives residents easy access to the Brooklyn-Queens Expressway. Nearby Atlantic Terminal also provides connections to the 2, 3, 4, 5, B, D, N and Q trains, as well as to the Long Island Railroad.

The Kafati-Batarse Group at Prudential Douglas Elliman is the exclusive marketing and sales agent for 500 Fourth Avenue..

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