breaking news - Arverne by the Sea

TM
Volume 6 | Fall 2009
ARVERNE BY THE SEA
Maui Model Living Room
BREAKING NEWS
from the Award-Winning Master Planned Community in Queens
Page 2 Message From the Builders
Breakers Grand Finale
Table of
Contents
Page 3 Open House - New Oceanfront Model
Page 4
In Their Own Words
2-Family Home Wins Over Condo
Page 5
Did You Know?
Top 10 Reasons to Live at Arverne By The Sea
Michael Dubb
Message
from the Builders
Alvin Benjamin
It’s been a busy year at Arverne By The Sea. We’ve started construction of our
5th and final neighborhood of 2-family homes, The Dunes. Sales are strong and
Phase I is already 50% sold out!
In the Breakers Neighborhood we have welcomed over 200 new residents to oceanfront living. We invite you to visit Arverne By The Sea to see all that’s new and exciting.
What could be better than owning a beautiful home by the ocean?
Owning a beautiful 2-family home at the award winning Arverne By The Sea.
Sincerely,
Michael & Alvin
2-Family Homes Priced from $559,000 *
Breakers Grand Finale!
Our Breakers Neighborhood is over 95% sold, but we still have a select few spectacular
oceanfront homes. Each features stunning views of the Atlantic Ocean, private rooftop
deck and an income producing rental. Sea’s The Opportunity to live at the ocean all year
long. Call 718-474-5400 today to take advantage of special financing as low as 3.5%
down with a preferred lender.*** Don’t miss this once in a lifetime opportunity to earn up
to $16,000 in tax credits & savings. But hurry, you must close by November 30, 2009.****
www.ArverneByTheSea.com
Page 2
Open House
Visit the New Oceanfront Model
“I love watching the sun rise over the
ocean from my rooftop deck!”
“I now have an amazing master suite with
a private bath and walk-in closet”
“My new bathroom is the size
of my old bedroom!”
“The spacious open floor plan is
great for entertaining”
www.ArverneByTheSea.com
Page 3
As Seen On
NBC OpenHouse NYC
HearWhat Arverne ByThe Sea
Homeowners Are Saying
IN THEIR OWN
Words
“We love living here. We moved here from
Breezy Point and we couldn’t be happier!”
~ Safeena & Vince Castellano
“ When we saw the models and the plans to build a school and stores, we knew that we
wanted to become part of this growing community. Our first week after moving in, when
we smelled the aroma of the sea, it felt like we were at a resort.
In the summer it got even better, eating breakfast outside,
enjoying the quiet and being able to walk to the beach. ”
~ Marisol & Angel Guivas
“Rockaway and Arverne is a rocking place. I love staying here, with the
fresh air and easy commute to and from the village. I really enjoy playing my
electric violin on the ocean in my brand new house. I love being here!”
~ Eugene Park
You Can Own A New Two-Family Home
For Less Than A Condo
Arverne By The Sea 2-Family 3-Bedroom Home with 2-Bedroom Rental
3,000 sq. ft. home, backyard and garage
Meet with our on-site financial specialists to learn how you can own a 2-family home!
2-Family Arverne By The Sea Home
Purchase Price
$559,000.00
Down Payment
55,900.00
Financed
503,100.00
Mortgage Payment
2,778.00
Common Charges
184.00
Real Estate Taxes
75.00
PMI
210.00
Subtotal
3,247.00
Rental Income
(1,600.00)
Tax Benefit
(361.00)
Net Monthly Costs
$1,286.00*****
2 Bedroom Condominium
Purchase Price
$350,000.00
Down Payment
55,900.00
Financed
294,100.00
Mortgage Payment
1,623.00
Common Charges
300.00
Real Estate Taxes
175.00
PMI
145.00
Subtotal
2,243.00
Rental Income
(0,000.00)
Tax Benefit
(455.00)
Net Monthly Costs
$1,788.00*****
***** Mortgage is based on a 30 yr fixed rate at 5.25% using average interest costs over a 3 year period. All prices and figures are approximate
and may change. Financing options vary based on financing type and buyer qualifications. Tax deduction assumes 32% combined Federal and NY State tax bracket
computed on a monthly average basis. Based on 2008-2009 tax rate. Please consult with your legal or tax professional for advice and eligibility requirements.
www.ArverneByTheSea.com
Page 4
Did You Know?
You Can Now Have Your Oceanfront Dream Protected
Mortgage Payment Protection Program
visit our website www.Ar verneByT heSea.com
This program includes an insurance policy purchased on behalf of the buyer that can provide eligible
homeowners with up to 6 months of mortgage payments of up to $2,500 per month in the event of
an involuntary loss of employment during the two year period after closing. **** †
**** †
The involuntary unemployment insurance included in the Rainy Day HELP Program is serviced by cynoSure under group insurance policy IUI-POL (11-05).
Exclusions and limitations apply. See the Certificate of Insurance and Schedule of Coverage for complete details. See Sales Representative for complete terms and conditions.
Update:
Good News! “Stop & Shop is committed to opening a store at Arverne By The Sea”, a Stop
& Shop spokesperson has confirmed. “Construction is expected to begin shortly. Based on the
current schedule it’s anticipated the supermarket at Arverne By The Sea will open Fall 2010.”
Top 10 Reasons Why Homeowners
Love Living at Arverne By The Sea
1. T
wo-family homes priced From $559,000*
with income-producing rental residences
2. 2
0-year real estate tax abatement
3. A
ward-winning master planned community
4. S
ix brand new floor plans with
rooftop decks
5. Special Financing as low as 3.5% down***
6. New Retail shops & restaurants**
7. New YMCA Community Center**
8. Stop & Shop Supermarket**
9. C
onvenient subway, express bus &
ferry service to Brooklyn & Manhattan
10. L
ocation Location Location
breathtaking ocean views
www.ArverneByTheSea.com
Page 5
TM
Presorted
Standard
U.S. Postage
PAID
Mailed From
Zip Code 11779
Permit No. 1306
7303-05 Spinnaker Drive Arverne, Queens, NY 11692
718-ARVERNE • 718-474-5400
Call for an appointment today Sales Office Hours 10am - 6:30pm
Open House
August, September & October
Directions: Take Belt Parkway to Exit 17S (Cross Bay Blvd.) approximately 5 miles. After 2nd bridge follow signs for Shore Front Parkway. Make a left onto
Shore Front Parkway and follow until Beach 73rd St (Traffic Circle). Sales Center is located on the corner of Shore Front Parkway and Beach 73rd Street.
By Train: Take the A train to Beach 67th St and walk west to Beach 73rd St then turn left. The Sales Center is on the corner of Beach 73rd St and Shore Front Parkway.
www.ArverneByTheSea.com
TM
Actual view from
model rooftop deck
The complete terms are in offering plans available from the sponsor. HO6-0020, HO7-0035. Benjamin Beechwood Breakers, LLC. Benjamin Beechwood Dunes, LLC. Rockaway Beach Blvd., Arverne, NY.
*Prices and availability are subject to change without notice. **Future Phase. ***On select homes. Subject to income restrictions and bank approval. ****Please consult with your legal or tax professional for complete information
and advice and eligibility requirements. No representation as to the availability and applicability of the tax credit to purchaser. You must close before November 30, 2009. All time frames are subject to change.