Beacon Towers Harlem NY - New York Forum | NYC Discussion Community

CityGuy · 04-10-2009

Beacon Towers in Harlem has new condos and co-ops now available for sale. When I checked out their site it looks like the apartments are roughly 500k depending on size. The towers are located on 29 West 138th street. The listings are under Halstead Property.

PaullyInNYC · 05-12-2009

The beacon towers look really nice - http://www.beaconaffordable.com/

I just do not know too much about the area it is located in. The exact location is on 138th street between 5th Ave and Lenox Ave

CityGuy · 05-12-2009

Quote:

Beacon Towers Affordable Apartments consists of 54 cooperative residences with 2-bedroom apartments available for income eligible homeowners. The apartments have custom-built Italian style kitchen cabinets, energy-efficient windows, a ceramic tiled bathroom and a laundry closet. Each apartment is pre-wired for cable TV and Internet. A landscaped exterior courtyard provides an outdoor area for relaxation and interaction. An equipped fitness room is accessible and free to all residents.

Beacon Towers is an 8-story residence at 29 West 138th Street in Manhattan. We are offering cooperative apartments with shares for sale with income and resale restrictions ready for occupancy in March 2009.

Beacon Towers Affordable Apartments consists of 54 cooperative residences with 2-Bedroom apartments available for income eligible homeowners. The apartments have custom-built Italian Style Kitchen Cabinets, Energy-Efficient Windows, a Ceramic Tiled bathroom and a Laundry Closet. Each apartment is pre-wired for cable TV and internet. A landscaped exterior courtyard provides an outdoor area for relaxation and interaction. An equipped fitness room is accessible and free to all residents. We now have 34 2-Bedroom apartments available with approximately 800 to 900 sq. ft., priced from $310,000.00 to $429,000.00; and 1 1-Bedroom apartment available with approximately 600 sq.ft., priced at $282,000; the monthly mortgage and maintenance payment for a Beacon Towers Affordable APARTMENT is estimated to range from $2,200.00 to $3,200.00.

All apartments will be available on a FIRST COME FIRST SERVED basis with NO BOARD APPROVAL needed.

The below Market Prices will not last, we anticipate an overwhelming response.

Approximate minimum annual incomes are estimated to be $85,000.00 with a 5% deposit. Maximum annual income is $192,000.00. Purchasers who desire cooperative loan financing must qualify for same. The quoted sales prices, minimum, and maximum required household incomes, monthly payments, and square footage are estimates and subject to change. Buyers must occupy the apartment as their primary residence and meet additional public agency income requirements.

HOW TO APPLY

Apartment tours are scheduled by appointment and applications may be requested on-line, by phone, or by fax from the sales office indicated below.

Beacon Towers
29 West 138th Street
New York, New York 10037
Call (212) 368-5247
Fax (212) 368-5692
WEBSITE: www.Beaconaffordable.com

Sales Office Hours: Tuesday and Thursday 1PM-7PM, Saturday and Sunday 12PM-4PM:

Applicants who currently own, or have in the last 5 years owned, a residence developed under an HPD, Housing Partnership, or NYC Housing Development Corporation project or program are ineligible.

No application fee. No broker fee. Credit check fees apply and are due at time of qualification interview only.

The Complete Offering Terms are included in The Beacon Towers Offering Plan, as amended, available from the

What catches my eye about this is the annual income. People that make 85k to 192k a year are gonna wanna move to this area of Harlem - I highly doubt it!!!!

PaullyInNYC · 05-12-2009

Quote:

Originally Posted by CityGuy

What catches my eye about this is the annual income. People that make 85k to 192k a year are gonna wanna move to this area of Harlem - I highly doubt it!!!!

hahaha - If I am making the minimal 85k a year I am not moving to 138th street near Lenox Ave. There are place you can afford in a much nicer place like Battery Park (nice quiet area with parks). just my 2 cents!

CityGuy · 05-12-2009

Is this an accurate location of the building?

PaullyInNYC · 05-12-2009

I mean I do not know exactly where on the block it is but I would say that is very accurate

lauren · 07-02-2009

Only 54 co-op residences and an 8 story building but do any of the apartments from Beacon Towers get a view of the East River?

CityGuy · 10-09-2009

Check this video at the .26 second mark and it discusses how Beacon Towers was low income housing but now is available to the 'open market'

PaullyInNYC · 10-14-2009

Wow apartments start at under 300k and that is open to the whole market. So would you consider living in this location if its this affordable?

Wondering if this is a worthwhile investment??

PaullyInNYC · 10-15-2009

It is definitely not expensive in terms of geographic location but I still have a problem with the surrounding neighborhood. As a single person I would be ok living there but I could not live there knowing my wife and kids are more susceptible to danger

04-10-2009	#1
CityGuy Senior Member Join Date: Mar 2006 Location: NYC Posts: 2,315	Beacon Towers Harlem NY Beacon Towers in Harlem has new condos and co-ops now available for sale. When I checked out their site it looks like the apartments are roughly 500k depending on size. The towers are located on 29 West 138th street. The listings are under Halstead Property.

05-12-2009	#2
PaullyInNYC Administrator Join Date: Mar 2006 Location: NYC Posts: 3,299	The beacon towers look really nice - http://www.beaconaffordable.com/ I just do not know too much about the area it is located in. The exact location is on 138th street between 5th Ave and Lenox Ave __________________ www.twitter.com/LocalApple

05-12-2009	#6
PaullyInNYC Administrator Join Date: Mar 2006 Location: NYC Posts: 3,299	I mean I do not know exactly where on the block it is but I would say that is very accurate __________________ www.twitter.com/LocalApple

10-14-2009	#9
PaullyInNYC Administrator Join Date: Mar 2006 Location: NYC Posts: 3,299	Wow apartments start at under 300k and that is open to the whole market. So would you consider living in this location if its this affordable? Wondering if this is a worthwhile investment?? __________________ www.twitter.com/LocalApple

10-15-2009	#10
PaullyInNYC Administrator Join Date: Mar 2006 Location: NYC Posts: 3,299	It is definitely not expensive in terms of geographic location but I still have a problem with the surrounding neighborhood. As a single person I would be ok living there but I could not live there knowing my wife and kids are more susceptible to danger __________________ www.twitter.com/LocalApple

07-02-2009	#7
lauren Senior Member Join Date: May 2006 Posts: 310	Only 54 co-op residences and an 8 story building but do any of the apartments from Beacon Towers get a view of the East River?

10-09-2009	#8
CityGuy Senior Member Join Date: Mar 2006 Location: NYC Posts: 2,315	Check this video at the .26 second mark and it discusses how Beacon Towers was low income housing but now is available to the 'open market'

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