12B — September 25 - October 15, 2020 — Owners, Developers & Managers — M id A tlantic Real Estate Journal
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O wners , D evelopers & M anagers
365 Ocean Beachfront Condos. now 70% sold
Massaro and Rotter market Two32 Apartments SCOPE sells downtown York multifamily asset Y
and entertainment options. That means home buyers can enjoy a lifestyle focused on the beach and the outdoors, but also enjoy living in a spacious, modern condominium with plush features, upscale ap- pointments and neighborhood conveniences. “Location is an important part of what makes 365 Ocean so special,” said David Schon - er , vice president of CB New Homes. “Home buyers come for the breathtaking views and peaceful beachfront setting, but the fact that so many shops, restaurants and attractions are just a short walk away, and even NewYork City is easily ac- cessible by two modes of public transit, makes it an attractive choice for both full-time and part-time living.” Sales momentum has been strong in the past few months, with buyers coming from all across the state and the New York City metro area, but a wide variety of locations and floorplans are still available. Prices currently range from the low $900s to over $2.7 million. “We’re proud of reaching the 70 percent sold mark at 365 Ocean and we look forward to offering even more buyers the opportunity to live in this beau- tiful community,” said Michael Markovitz , president of Mark Built Homes. “We’re particu- larly proud of the overwhelm- ingly positive feedback we have received from the community’s residents. Our team put a lot of effort into every last detail of this project, and it’s gratifying to see that hard work pay off in the form of satisfied home buyers.” Located on Ocean Avenue in Long Branch, 365 Ocean features oceanfront homes with up to 2,411 square feet of living space, at least two spa- cious bedrooms, two luxurious baths, full-sized gourmet kitch- ens, and a private terrace or deck with a direct gas hookup that can accommodate a grill. The seven-story building was designed by Marchetto Hig - gins Stieve Architects , the 2019 American Institute of Architects New Jersey Firm of the Year, with interiors by renowned Chicago-based inte- rior designer Mary Cook & As- sociates. Every home features ocean views. 365 Ocean residents are well-connected. Commuter ferries to Manhattan operate out of the nearby town of High- lands daily and NJ TRANSIT rail service to Manhattan is also available via the Long Branch train station. MAREJ
LONG BRANCH, NJ – 365 Ocean, the boutique collection of just 57 luxury beachfront condominiums in Long Branch, is now more than 70 percent sold according to developer Mark Built Homes . Buyers are responding to the opportunity to own a brand new, low-maintenance condo with spectacular ocean views and resort-style amenities, ac- cording to CB New Homes, the community’s exclusive sales and marketing agent. They’re buying now to secure their place in a community that is just steps from one of the quiet- er beaches in Long Branch and also within walking distance of dozens of shops, restaurants,
ship and procured the buyer, a New York-based company. Two32 Apartments is lo- cated on Market Street in York, west of the Continental Square. Originally built in the 1950s, the building was fully renovated in 2017 to include 35 one-bedroom units and eight two-bedroom units. The building features a rooftop amenity space, a fitness cen - ter, yoga studio, a billiards and game room and a resi- dent lounge. The apartment building includes 69 parking spaces. MAREJ
ORK, PA — Scope Commercial Real Es- tate Services, LLC (“SCOPE”), a leading mid- dle-market multifamily in- vestment sales firm has an - nounced the sale of Two32 Apartments, a 43-unit adap- tive reuse multifamily asset located in downtown York. The property sold for $5.7 million which equates to $132,588 per unit. Jonathan Massaro and Zeke Rotter had the listing to market the property on behalf of the seller, a Central Pennsylvania-based partner-
Two32 Apartments
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