This Swanky New Building In Manhattan Beach Has Units Selling For $1.6 Million

104 West End Avenue / Source: Ilite Realty
104 West End Avenue / Source: Ilite Realty

A new seven-story condominium development, dubbed The Wave, is nearing completion at 104 West End Avenue, and units are now hitting the market for as much as $1.6 million.

The building has been under construction for just under a year, replacing a slew of commercial properties that included White Poodle, and which was vacated after Superstorm Sandy.

104 West End Avenue / Source: Ilite Realty
104 West End Avenue / Source: Ilite Realty

When complete, the building will have 48 units, including a couple of duplex townhouses. The penthouses will have roof top terraces.

104 West End Avenue / Source: Ilite Realty
104 West End Avenue / Source: Ilite Realty

Prices for would-be residents start at $675 a square foot, rising to $900 per square foot for a penthouse. That comes out to $525,000 for a one-bedroom, $930,000 for a three-bedroom, and going up to $1.6 million for the three-bedroom townhouse. The second priciest unit is the three-bedroom duplex at $1.4 million, followed by $1 million for the one-bedroom penthouse, and $930,000 for the two-bedroom duplex.

Sales are being handled by Igor Libo of Ilite Realty and David Fernandez of Corcoran. Libo told Sheepshead Bites that the units already have interest from more than 100 people.

104 West End Avenue / Source: Ilite Realty
104 West End Avenue / Source: Ilite Realty

The building is being developed by Rybak Development, the same Sheepshead Bay-based firm that’s doing the 1809 Emmons Avenue property that is replacing El Greco Diner, as well as 3041 Ocean Avenue – which sold out in less than three months, and is still many more months away from completion.

Rybak is also one of the investors behind the reactivation of the shuttered Brooklyn Racquet Club on Shell Road, which is now Matchpoint. The owner Sergey Rybak is perhaps the most active developer in the neighborhood at the moment.

104 West End Avenue / Source: Ilite Realty
104 West End Avenue / Source: Ilite Realty

Back to 104 West End Avenue, here are some details from Ilite:

It will have a beautiful 20 ft high designer lobby with door man, a 1,500 s.f foot fitness center with steam room and a social/meeting room with kitchenette

104 West End Avenue / Source: Ilite Realty
104 West End Avenue / Source: Ilite Realty

Like other Rybak properties, there’s an emphasis on parking you don’t see in other area developments. Even though there’s only 48 units, the property will have two levels of parking for 68 cars.

104 West End Avenue / Source: Ilite Realty
104 West End Avenue / Source: Ilite Realty

Ilite didn’t mention any commercial space, but Department of Buildings filings indicate commercial uses in the cellar, with that area flood-proofed.

Libo told Sheepshead Bites that they expect to finish construction in the first quarter of 2016, with the first buyers moving in sometime during the summer next year.

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Comments

  1. where does an immigrant get 1.6 mil in an honest way? How do I earn that much with ought being a phony brown-nosing coward and throwing co-workers under bus in order to succeed in corporate upward mobility?

  2. Jealous much? I take it, you are implying that all 100 people who expressed interest in the development are part of the Russian community? I am going to entertain this thought for the sake of the argument, although, the Oceana development which is located smack in the midst of Brighton Beach is not 100% Russian owned. So, to answer your question-yes, there are crooks in the community, however, there are also plenty of people who legitimately are able to afford 1.6 mln-doctors, corporate lawyers, many Russian work in hedge funds, that Soviet school of mathematics sure came in handy for various positions that pay either nice 6 figure or sometimes, even 7 figures with bonus-chief risk officer, hedge fund CFO, portfolio manager, these are the jobs that my classmates and college mates have. My college mate lives in a double penthouse in Oceana-she and her husband first busted their butts working for one of the Big 4 public accounting firms and then, went to law school, after which, they bust their butts in white-shoe NYC law firms.

  3. For your information people that are affording 1.6 million dollar work there ass off. To say that they are phonies and have zero proof of what you are saying makes you look bad.

  4. Now, regarding the building itself, correct me if I am wrong, but that side of the West End Avenue is not zoned for the coveted PS 195, probably, not an issue for those who can afford the apartment, are also able to either hire tutors to prepare kids for G&T exams, or go to private schools, but it would have been nice to have both the swanky condo and the access to one of the best public schools in Brooklyn.

  5. When did 3041 Ocean get sold out? I missed that news. Any info for how much those places went for?

  6. But can they spell, do they know English grammar? “there ass off” should be THEIR ASSES OFF. 😉 LOL.

    Just a stickler, me. I am very happy with most Russians I meet, more & more. In another few years, hopefully, these things will not be issues.

  7. Sadeyes, I am a stickler for grammar as well, and was really surprised when quite a few senior execs at the company I work for would send emails with common errors such as “Send this file to Amy and I”, I am not even going to go deeper on using “can” vs.”may”, or “lose” vs. “loose”, however, it seems that business world pays less attention to such blunders these days.

  8. They may pay less attention, but they are wrong to do so–OR–maybe they were never taught correct spelling and grammar at school; no one ever corrected them and they have no idea of the error of their ways. OR, maybe they don’t give a damn.

    Pleased to meet another stickler, babys.

  9. Let me guess – you’re one of those scumbag twits who lives in the surf side projects. Good luck with all that.

  10. I have a beautiful semi detached home in Manhattan Beach facing sheepshead bay with custom everything. Even down to the doorknobs. 3 bedroom 2/12 bath GE Cafe stainless steel appliances Marvel wine cooler built in to the L shaped granite counter undercounter lighting double deck in back with access from kitchen. Custom Hunter Douglas shades custom tile Mitusbishi Ductless AC new new LG washer dryer all new Andersen windows. Front deck that faces the bay. 3 parking spaces off street. Much more. Price 1,099,000. 917-539-1212 broker Ellen Lennard.

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