ODA’s 98 Front Street Welcomes New Residents as Sales Surpass 50% Milestone
98 Front Street, DUMBO’s newest ground-up condominium, started welcoming its first residents with over 50 closings occurring by the end of 2020. With the construction of this incredible new luxury condominium now complete, the ODA-designed building surpasses the 50% sold mark, setting a new sales record with a recent closing of $2100 PSF. In addition, 98 Front Street has received approval from Fannie Mae and its full TCO, meaning buyers can move in immediately. Financing for new condominiums has become challenging amid the pandemic as lenders tighten their standards. As a result of the building’s successful sales thus far, buyers will have access to all major lenders nationwide.
Located just a short walk from the iconic Brooklyn Bridge Park and some of the most exciting new neighborhood developments, including the 1 Hotel and nearly 500,000-square-foot Empire Stores, 98 Front offers luxury homes nestled amongst some of the City’s most notable landmarks and attractions. The 10-story luxury condominium includes 165, studio, one-, two-, three- and four-bedroom residences ranging in size from 400 to over 2,000 square feet. Asking prices vary from approximately $650,000 to $4,000,000.
98 Front Street offers its residents access to an extensive selection of wellness-centered amenities. The indoor saltwater pool, steam room and spa, as well as fitness center, are located on the ground floor. There is a secondary outdoor fitness outpost located on the condominium’s 7,000-square-foot communal rooftop.
Within the building, residents will enjoy access to a Residents Lounge and coworking space. The new development’s massive 7,000-square-foot communal rooftop terrace is artfully designed and features BBQ stations and three separate outdoor kitchens, an outdoor screening area, as well as breathtaking City and river views.
A full-service building, 98 Front includes a 24-hour doorman and live-in resident, manager to help residents with their every need. Full-service concierge services will be provided to residents virtually by Urbn Playground, while pre-installed Latch smart access keyless locks and a Butterfly MX smart intercom will provide an even more seamless living experience. Bike storage, on-site parking, and resident storage units will also be available for a fee.