The last time I updated my blog on Hudson Harbor of Tarrytown NY, Phase I townhouse sales were in full swing and the Phase II condominiums were just starting to get underway. With Phase II now in full swing, it is high time I updated the information on this amazing development.
Hudson Harbor is located right on the Hudson River against a major portion of the Westchester’s Hudson River Walk -A trail which will ultimately extend the length of the county along the Hudson River when completed. This development is a combination of luxury townhomes as well as condominium flats. Interspersed between the town homes will sit a complete community including shops and dining – creating complete mini-community on the Hudson River. Included in this package is a complete fitness center, a large out door pool both for residents only as well as guest houses for residents who have visitors.
Hudson Harbor – Tarrytown is part and parcel of a massive effort to reclaim the riverside for residential and community use . Public monies including a complete renovation of the train station have been committed and the end result will be a wonderful walkable community on the river – Just steps from Metro-North.
No matter where you look there are spectacular views – Looking south there is the Tappan Zee Bridge and the Manahattan skyline and looking north there is the Kingsland Point and the lighthouse as well as spectacular sunsets on the Hudson River.
The townhouses – resemble the New York City townhouses and remind me a great deal of Georgetown in Washington DC. These are beautifully done with respect to the facades, layouts and amenities. Mixing the modern open floor plan with a strong element of old world charm and attention to detail has been done without the awkwardness that I have seen in other developments. These units are pretty much sold out at this time. According to the EA MLS sales continued at healthy clip throughout the summer and fall in spite of a weak economy.
The condominiums – both phase one and phase two – take their lead from famous Blue Hill restaurant at Stone Barns in nearby Pocantico Hills. The stonework and woodwork on the facade is very very impressive and gives the building a striking appearance seldom found modern condominium complexes. The Lookout building which has terrace views of the Hudson River is under construction and appears to be selling well. They have 1, 2, & 3 BR units in that complex and the building is arranged to provide river views for all.
Townhouses – Phase 1:
According to the EA MLS sales continued at healthy clip throughout the summer and fall in spite of a weak economy. Median sales price was $1.25 million with a total of 7 sales in the six months prior to Nov 2011. The price range on the sold units was from $1.15 million to $2.375 million. The price range was determined by the size of the unit and the views. There are three units under contract and one remaining on the MLS as active. So this phase of initial sales is all but completed. The complex defied a generally quiet housing market with brisk sales. For those wanting a townhouse at Hudson Harbor, fear not – because there will always be resales and more town houses are planned in future phases.
Condo Flats – Phase II:
Phase I Condominiums are all but sold out but for the Lookout Building which is Phase II sales are well under way. The current listings consist of 1- 3 BR units ranging in list price from $625,000 for a 1 Br/1.5 BA of over 1000 sf to $1.165 million for a 3 BR/3BA of 2400 sf. The building is still under construction so there is no final sales data to work with. For the units listed the taxes range from $9684 for a 1 BR to $23,664 for the largest and highest priced 3 BR unit. This figure does not include the STAR rebate. Maintenance fees range from $222/mo for a 1 BR unit to $516/mo for the largest 3 BR unit. This would create an outlay of $1029 a month for a 1 BR and $2482 for the 2400 sf 3 BR. The STAR discount would reduce that amount roughly $148/ mo in Tarrytown. So that would translate into $881/mo for the 1 BR and $2334 for the largest 3 BR.
© 2011 – Ruthmarie G. Hicks – https://thewestchesterview.com – All rights reserved.
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