Monday, November 29, 2021
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HomeReal EstateLarchmont's Cambium Surpasses Halfway Mark in Sales

Larchmont’s Cambium Surpasses Halfway Mark in Sales

 

The Cambium, a 147-unit condominium development in Larchmont, recently surpassed the 60% mark in sales.

The sales program at The Cambium is being led by agent Mary Gail Barry of Houlihan Lawrence. “Quality new construction, low taxes and monthly maintenance, great amenities and proximity to all Larchmont has to offer has resulted in the recent exciting momentum in the sales,” said Barry.  8 additional residences have gone into contract in just the past few weeks.

Located at 10 Byron Place, The Cambium offers Manhattan-style amenities in a suburban location on Long Island Sound. The eight-story development features hardwood flooring, stainless steel appliances, gourmet kitchens with Quartz counter tops and handcrafted cabinetry, spa-like baths and open layouts. Select residences include private terraces. Amenities include 24-hour doorman and onsite concierge service, two-story lobby, children’s playroom, club room, indoor parking, fitness center, oversized dining room with catering kitchen for private parties, landscaped entryway and private resident’s courtyard.

There are 54 residences still available for purchase, with prices ranging from $650,000 for one-bedroom homes to $1.25 million for two-bedroom homes, all with relatively low carrying costs. A beautiful new designer model apartment overlooking the courtyard features 2 bedrooms, 2 ½ baths, over 1500 square feet of living space with annual taxes of just $7,357 and monthly HOA fee of $507.

 

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Concerned Neighbor
Concerned Neighbor
3 years ago

Sounds to me like an investment to control the condo board and rent units until such time as demand for ownership picks up. When this project was first conceived by the original developer it was proposed as an upscale rental building. It’s taken 15 years and three developers to prove him right.

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