Strong Demand Spurs Phase II for Long Island Condos
- Jul 31, 2015
Central Islip, N.Y.—In response to strong sales of the first phase of Foxgate at Islip, work has started on a second phase of the condo project in the N.Y. hamlet of Central Islip. Forty-six additional two-bedroom residences are under construction across the pond from the 40-unit Phase I, which was completed and sold out this month.
“The moderate prices are attracting people from a wide range of demographics,” Michael Puntillo, managing partner of Foxgate and builder of the community, said. The buyers in Phase I included, he said, a mix of seniors, single adults, young families and first-time home buyers.
The prices of the condominiums in Phase I began in the mid-$200,000 range, which is moderate indeed, compared with a lot of other Long Island locations (Central Islip is in Suffolk County, too far west to be part of greater New York, but too far east to the in the Hamptons). Phase II residences range in price from $270,000 to $290,000.
Phase II common amenities will include a private clubhouse, fully equipped gym, multi-purpose lounge, heated outdoor in-ground pool, patios and walking paths. All the phase’s upper units will include balconies with panoramic views, and all of the units will include high-efficiency central air conditioning and natural-gas forced-air heating.
The development is on property formerly owned by New York Institute of Technology and encompasses nearly 25 acres of landscaped grounds. It’s about two miles south of the Long Island Expressway, and a short distance to the Long Island Rail Road’s Central Islip Station.