A spokeswoman for the Fifth Avenue Committee says that closings at Atlantic Terrace, the new-construction co-op on Atlantic and South Oxford, are slated to begin in the middle of next month, and that 65 percent of the building’s units are spoken for. There are signed contracts on 54 of the 59 below-market unitsâ€”the majority of which were available to buyers making 80 percent or less of the area median incomeâ€”while five of the 20 market-rate co-ops are in contract, and there are accepted offers on four others. The development got its temporary certificate of occupancy in February. StreetEasy shows asking prices for the market-rate units going from $365,000 for a 684-square-foot one-bedroom to $1,095,000 for a 1,818-square-foot, two-bedroom (plus office) penthouse.
Checking In On Atlantic Terrace [Brownstoner]
Launch at Atlantic Terrace [Brownstoner] GMAP