BROOKLYN POINT OFFERS ONE OF THE LAST 25-YEAR TAX ABATEMENTS AVAILABLE IN NEW YORK CITY
Virtual Tours of the Sales and Design Gallery are now available. Please contact us for more information.
Extell Development Company presents Brooklyn Point, a new standard of luxury living in Downtown Brooklyn. The 68-story tower includes a selection of studio to three bedroom luxury apartments and over 40,000 square feet of indoor and outdoor amenities, including the highest rooftop infinity pool in the Western Hemisphere. Brooklyn Point is the first and only for-sale residential property at City Point the largest food, shopping, and entertainment destination in Brooklyn. Designed by world-renowned architecture firm Kohn Pedersen Fox (KPF) with interiors by Katherine Newman Design.
Residence 27J is a spacious one bedroom home with oversized windows and bright, open southern exposure. Kitchen features cerused oak cabinetry, quartz slab countertops, and Miele appliances including a 4-burner gas range, 30" refrigerator, and speed oven. Residents may select between satin copper or brushed nickel Waterworks fixtures and a light or dark palette for the custom kitchen cabinetry and white oak wood flooring.
The spa-like master bathroom, with radiant floor heating, features Oro Puro quartz tile flooring and walls with a marble mosaic feature walls, a custom sink Bianco Carrara marble vanity, recessed medicine cabinets with integrated outlets, and custom makeup mirror.
Brooklyn Point is one of the last properties in New York City to offer a 25 year tax abatement. Estimated annual savings for 27J: $15,177. Visit the sales and design gallery at 384 Bridge Street.
Highest Rooftop Infinity Pool in the Western Hemisphere
24/7 Attended Lobby
Dry Cleaning Valet
Package room with cold storage
Indoor & Outdoor Children's play area
Screening & Performance Room
Chef's Demonstration Kitchen
65' Saltwater Swimming Pool
Located (ironically) in the northwestern part of Brooklyn, Downtown Brooklyn borrows some of its characteristics from its business-centered counterparts: Lower and Midtown Manhattan. Downtown Brooklyn is known largely for its office and residential spaces, but is quickly giving way to new residential spots and transformative conversions. Impressive federal buildings are a hallmark in this hard-working enclave. Here, residents sacrifice some green views (like trees), but reap the benefits of inexpensive real estate and evolving neighborhood development.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more