Down to Wire at Embelesar118

Embelesar118 has sold over 70% of its 57 apartments in little over a year of hitting the market.Developer Bluestone Realty has a few remaining studios, starting at $199,000, and five one-bedroom apartments from $225,000 for sale at the building at 118 at 152 East 118^th Street.According to UrbanDigs.com the East Harlem neighborhood has most apartment sales in Manhattan for third quarter 2011.The area is close to transportation, shopping and parks and Embelesar118 offers SONYMA-approved loans and a 25-year 421(a) tax abatement. “It’s impressive to see how a well planned project can sell anywhere and in any economy,” Eric Agosto, the Corcoran senior associate broker, who is part of the buildings marketing team. “We’re down to the wire with only a handful of one-bedroom apartments and studios, and the building is already dynamic with great neighbors and service.Embelesar118 has two furnished common terraces and a fitness room, Fresh Direct cold storage closet, package delivery room, bicycle room, on-site parking, attended lobby and live-in super.