Oestreicher Properties And GPB Capital Holdings Launch Sales At 211 Schermerhorn In Boerum Hill

11/7/17

Boutique Condominium by Acclaimed Architect Morris Adjmi Hits the Market

Oestreicher Properties, a fully integrated real estate, development and construction company, and GPB Capital Holdings, LLC, an asset management firm, today announced the commencement of sales at 211 Schermerhorn. Located in Brooklyn’s historic Boerum Hill neighborhood. The boutique condominium building will feature a limited collection of one to three-bedroom homes starting at $955,000.

Renowned architect Morris Adjmi has crafted a modern interpretation of New York’s classic apartment buildings for 211 Schermerhorn. Standout architectural features include large industrial-inspired windows, clean lines, and textured Danish brick, along with other rich finishes and details, that give the traditional form a distinctly contemporary feeling inside and out.

“We’re excited to launch sales for 211 Schermerhorn and present our full offering to buyers for the first time,” says Deborah Tsabari, President of Oestreicher Properties. “With an easy commute to Manhattan, the best of Brooklyn at your fingertips and top-of-the-line custom interiors, we have no doubt that 211 Schermerhorn will receive strong interest and experience rapid sales.”

The custom interiors for the 48 residences at 211 Schermerhorn are timelessly beautiful with nine-foot ceilings, and matte oil-finished oak floors in varying widths and lengths. Kitchens boast large islands with honed Carrera marble countertops, tile-patterned backsplashes and solid white oak custom cabinetry with integrated pulls. Premium appliances include a fully-integrated Liebherr refrigerator and freezer, Bertazzoni burner gas ranges with vented hoods, Bosch integrated dishwasher and Wolf stainless steel microwave drawer. Three penthouses on the building’s highest floors feature outdoor terraces and 10-foot ceilings.

Master bathrooms will be appointed with honed Bianco Carrera marble floors in a herringbone pattern, custom solid white oak vanities with honed Bianco Bello marble countertops and walls, and glass enclosed walk-in showers. All homes will feature individually controlled, energy efficient, multi-zone heating and cooling and full-size stacked Bosch washers and dryers.

“Boerum Hill is a beloved neighborhood with a limited supply of new condominiums making the caliber of this offering exceptionally rare,” said Michael Chapman, Director of Sales for Stribling Marketing Associates, exclusive sales and marketing firm for the development. “The classic-meets-contemporary style of 211 Schermerhorn will absolutely attract a diverse buyer pool.”

The building will also feature an extensive suite of lifestyle amenities and services, including a fully equipped fitness center, game room, children’s playroom, lounge and media room. Residents will have access to a communal rooftop garden spanning 1,138 feet with gorgeous views of Manhattan and the New York Harbor, and will include an adjacent kitchen with a gas grill and built-in cabinetry.

A 24-hour attended lobby features Lagos Azul limestone and an original work of art by a Brooklyn-based artist. Other services include bike storage and private storage units available for purchase. The building also includes 10,000 square feet of ground floor retail space.

Boerum Hill is a charming neighborhood coveted for its historic feel and modern influences. The emergence of fine dining destinations on Smith Street have helped brand Boerum Hill as a desirable and fashionable Brooklyn community rife with boutiques and a booming culinary scene. Nearby 211 Schermerhorn major attractions include the Brooklyn Academy of Music, Barclay’s Center and DeKalb Market. Conveniently located steps away include a range of subway options including the A, B, C, D, F, G, N, R, Q, 2, 3, 4 and 5 lines.

Stribling Marketing Associates is the exclusive sales and marketing firm for 211 Schermerhorn. For more information, please visit www.211Schermerhorn.com, or call 718-504-2211 to make an appointment at the sales and design gallery at 333 Atlantic Avenue in Brooklyn.

About Oestreicher Properties

Oestreicher Properties is a family-owned and privately operated fully integrated real estate, development, and construction company. Oestreicher is known for celebrated buildings in the New York area, including 430 Park Avenue, 160 Water Street, 708 Third Avenue, Princeton Commerce Center and Cobblestone Lofts.

About GPB Capital Holdings, LLC

GPB Capital is a New York-based asset management firm. GPB Capital provides their portfolio company operators with the strategic planning, managerial insight and capital needed to enable strong businesses to achieve the next level of growth and profitability. GPB Capital has over $1.2 billion in assets under management ([i]) and has acquired or invested in over 100 portfolio companies. For more information, please visit www.gpb-cap.com.

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