The Kamali Organization has announced the sale of a two-story penthouse at The Classic at Kew Gardens, the new collection of 52 luxury New York City condominium homes located in this sought-after Queens neighborhood.
The fifth-floor penthouse -- the largest home in the distinctive six-story building -- features 1,385 square feet of living space with three bedrooms, three baths and four terraces offering 561 square feet of outdoor space.
According to The Marketing Directors, Inc., the building's marketing and exclusive sales agent, the home sold for $850,000.
"The Classic continues to gain traction with buyers from throughout New York City who recognize the extraordinary value offered in these upscale condominium homes," notes Jackie Kamali, a principal of the development firm that bears his name.
"We're gaining a competitive edge in the marketplace thanks to our combination of exciting floor plans, upscale amenities and a desirable location in the heart of Kew Gardens with easy access to Manhattan. Buyers also appreciate The Classic's 15-year tax abatement which enhances the value even more."
The penthouse was sold to current Manhattanites who are leaving their Park Avenue South apartment for The Classic.
"Our buyers were attracted to the home's two-story layout and numerous custom appointments - including an expansive skylight which helps flood the home in natural light," notes Jacqueline Urgo, President of The Marketing Directors, Inc. "The four terraces were also a hot selling point as they provide opportunities for extending the living experience outdoors." read more
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