Construction Underway on Final Phase Of WatermarkPointe Condo Project

Real Estate In-Depth | February 2020

WatermarkPointe, New Rochelle

NEW ROCHELLE—National Realty & Development Corp., which is headquartered in Purchase, reported on Feb. 10 that it is in the final phase of construction at WatermarkPointe, a luxury condominium waterfront community in New Rochelle.

Work is underway, with only 11 remaining homes priced from $1.83 million at the project that cost an estimated $100 million to develop.

The 14-acre gated community on Davenport Avenue includes nine individual buildings designed with traditional New England seaside exterior architecture featuring gable roofs, stonework at the base of the buildings and covered waterfront terraces. Each boutique-style building has four floors with two units per floor, designed for privacy. Residents are currently occupying the first 4 buildings.

WatermarkPointe comprises 72 units ranging in size from 2,400 square feet to 2,700 square feet, with two distinctive three-bedroom layouts. The lushly landscaped site boasts a ribbon of beaches, sound-front promenade with walking paths, waterfront pool and clubhouse, and a tranquil green. Contemporary plans open to striking great rooms, where soaring glass walls lead to 30-foot terraces with stunning views. Units feature 10-foot ceilings in great rooms and bedrooms, 15-foot great rooms in the penthouses, eight-foot solid doors, expansive windows, Bilotta designed kitchens and baths and modern materials.

“We are so pleased with the record-breaking sales we’ve seen since the commencement of construction in 2017, with more than 50% of the condos sold in the pre-construction phase,” said Jerrold G. Bermingham, executive vice president at National Realty & Development Corp., builder of WatermarkPointe. “In today’s challenging real estate market, this speaks volumes to the incredible demand for luxury beachfront living in a prime location in Westchester County.”