Luxury meets value at Arris Lofts


| michael@warrenlewis.com |

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Arris Lofts

When ceilings soaring 13 feet into the stratosphere, convenience and amenities are de rigueur for your buyers, look to Arris Lofts.  When your buyers are looking for value in terms of per square foot, and volume in terms of floor plan, again look no further than 27-28 Thomson Avenue.

Case Study: Arris Lofts #130 is listed at $1.439M.  A 2,120-square-foot floor plan makes this far and away the largest 3 bed, 3 bath on the market in LIC.  Yet at only $678 per square foot, it is also the least expensive by that yardstick in this comp segment.  With new construction comps listing at $900 – $1,100 per square foot, you could easily pay more for a smaller apartment.

The amenities are large too. Cancel your gym membership. Included in your low common charges is an 8700-square-foot gym with classes and an indoor pool. Swim lessons are available, and a lifeguard is on duty. Book a massage, then relax in your sauna after a hard day’s work.

The unfair price advantage that Arris Lofts enjoys can be summed up in two words: adaptive reuse.  It is greener and more cost effective to repurpose an existing building with good bones than it is to build one scratch.

Who is buying in LIC?  “Smart people who are betting on the next hot market, that still has some upside.  Maybe they got priced out of Williamsburg, but still want something one subway stop from Manahattan,” said Michael Kawochka of Warren Lewis Sotheby’s International Realty, listing agent for Arris Lofts #130.  “We’re seeing people who had the foresight to buy in Williamsburg years ago, cash out and reinvest their gain in another sure thing like LIC.”

A 3300-square-foot Recreation Room with a Children’s Playroom, pool table and Catering Kitchen completes the checklist.

Zip cars and valet/monthly parking are garaged on the concourse level.

A 6000-square-foot fully planted common roof, with pavers and seating lets you hold court with friends, while surveying LIC. Adjacent to the pool is more greenspace below, in the landscaped 6000 square-foot enclosed courtyard, complete with a pond. Overlooking it is your 4700 square-foot 24-hour doorman and concierge attended lobby. Sofas and Noguchi tables let you fully take in centered fireplace.

Not enough Noguchi for you? Cycle over to the Noguchi Museum in nearby Astoria; or Socrates Sculpture Park; or Gantry Plaza State Park. At Arris Lofts, organized, assigned-spot bicycle parking near the service exit gets you pedaling in no time.

On weekends, visit the LIC Flea & Food—Queens’ largest outdoor artisan market. Warm it up this summer at MoMA’s PS1 – free Warm Up – tix, only for LIC residents. LIC locals rule – even MoMA members must pay for admission.

At your doorstep, a nexus of transportation awaits you: E/M trains blast you to 53/Lex in one stop; No. 7 zooms you to Grand Central in 3 local stops; G gets you to Greenpoint, Williamsburg and the rest of prime Brooklyn.

Also walk-able: Hunterspoint LIRR and Queens Plaza N/R/Q trains.

Designed by Architect Costas Kondylis, this 1928 poured concrete authentic loft building was once the home of the Eagle Electric Factory whose prescient billboards, declaring “Perfection Is Not An Accident” famously adorned the building.  This monument to NYC manufacturing heritage is now ready for you to call your trophy home.

A J-51 tax abatement is in place.