CO-OPS AT THE CONTINENTAL PARK IN ELMHURST ARE MOVING QUICKLY
Since launching in October, more than 60 percent of the co-op apartments at The Continental Park, located at 87-10 51st Avenue, are now in contract. The sales team tells us that units are entering contract at ask, with studios starting from $185,000, one bedrooms from $229,500, two bedrooms from $347,500 and three bedrooms from $509,500. All of the studio, one and three bedrooms are spoken for, with just two-bedroom units left.
The developers Myles Horn, ABC Properties and Fisher Associates purchased 79 units in the 153-unit co-op and redeveloped the apartments, redesigned the common spaces, and added amenities like a children’s playground, fitness center and lounge. (Take a tour of the building right here.) Yael Goldman, who is handling marketing and sales, reports that “We expected sales to move quickly, but the response has been greater than anyone could have imagined.” More than 1,000 people came to tour the units the first weekend the sales center opened.