Latitude - Riverdale
August 26th, 2009
Home owners realize they’re at the correct latitude when they discover the luxury condominium, Latitude - Riverdale, NY. Buyers can gain Latitude and at the same time continue to build equity in a lovely home. Living at Latitude ensures a luxurious lifestyle in the future as well as in the present.
With its elegance and the rent-to-own program at Latitude, buying into this 53-home condominium is a win-win situation. A portion of the rent is directed towards building up a down payment in order to be able to eventually purchase the home. Paying rent of $2700. per month will see $1000. going towards a buyer’s equity in the residence. $500. of the $2000. required for rent for a 1-bedroom apartment will go towards the purchase of the home.
At the end of a rental lease, an average of $36,000. can be accumulated towards the purchase of a condo. This program wipes out the usual worry involved in buying a home. Without having to worry about market conditions, downpayments, or credit issues, owing a luxury home becomes an easy and enjoyable process.
The developers, Q-Real Estate Partners, continue to make it as convenient as possible for buyers. Originally, the rent-to-own program was only available with a 2-year lease. As of June 1, 2009, with a 1-year lease, everyone can enjoy the luxury of Latitude while saving for a new permanent home at this luxurious location. At present, the rent credit after one year in a 2-bedroom apartment can be $24,000. In the current economic climate, the rent-to-own program at Latitude provides a perfect solution in a perfect setting.
The work of renowned architect Karl Fischer is part of the reason for the impressive popularity of Latitude. Andres Escobar, an award-winning leader in interior design, is another major player in creating the spectacular style of this condominium. His use of rich wood and luxurious stone lend an air of elegance to the entire building.
The kitchens look so spectacular with their rich mahogany wood cabinets, CaesarStone quartz countertops, and recessed lighting. The amazing style continues with undermount stainless steel sinks with custom made faucets as well as a a GE Profile appliance package. The master bathrooms have limestone tile floors, custom designed vanities, and frameless shower glass doors.
Latitude offers everything necessary for a stress-free, relaxed, and balanced lifestyle - all the conveniences in a luxurious package. Residents can enjoy peace of mind with attended doorman and Cyberdoorman service and optional deeded parking. Children enjoy the charming playroom and adults have access to the state-of the-art gym facility. Everyone can take in the amazing view from the balconies and rooftop terraces.
This pair of seven-storey buildings at the corner of Riverdale Avenue and 236th Street, in the historic Riverdale, are located in a neighborhood with character and distinction. A perfect match for the distinct beauty and unique characteristics of Latitude! The neighborhood serves up beauty and wonder with the Botanical Gardens, Bronx Zoo, and Wave Hill Gardens. If you crave relaxation or exercise (horseback riding and golf in Van Cortlandt Park), fine dining, or exquisite shops, then Riverdale is right for you!
Students receive unsurpassed educational opportunities at highly rated public schools as well as prominent private schools. Riverdale meets every requirement but when anyone needs transportation, there are convenient options to get them to their destination. The #1 subway line is within walking distance and the MetroNorth brings riders to the Riverdale MetroNorth station - slightly more than a 20-minute ride to Grand Central. Public transportation can easily get riders into Manhattan.
Luxury homes are available at Latitude which range in size from 724 to 1,564 square feet. On the average, these luxury apartments can cost from $475,000 to $575,000. Monthly rent for a 1-bedroom condo is $2000. Most of the homes are 2-bedroom apartments. Two-bedroom apartments will cost $2700. monthly and 3-bedroom apartments rent for $4500. Duplexes and penthouses have a purchase price in the area of $700,000.
The developers are convinced that Latitude offers extraordinary value in return for the most luxurious lifestyle. Indeed, buyers from different longitudes and latitudes are checking out Latitude. Wherever you are at present, you can discover your Latitude in Riverdale, NY!
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