Metropolitan Realty Associates Offering Newly Renovated, Garden Style Co-Op Apartments in Oakdale

Metropolitan Realty Associates LLC is offering 51 newly renovated, affordable co-op apartments for sale in Oakdale in Suffolk County, NY.

Oakdale, NY, March 09, 2009 --(PR.com)-- Metropolitan Realty Associates LLC, one of the region's most astute property investors, is attempting to duplicate its success in the redevelopment of commercial real estate in the residential arena. It is offering 51 newly renovated co-op apartments for sale in Oakdale in Suffolk County.

The 51 cooperative homes for sale are at Birchwood on the Green, a 334-unit garden-style apartment complex situated on 23.5 well maintained acres of mature trees and manicured lawns that it has recently renovated. The apartments are ready for immediate occupancy and offer buyers the option for additional custom renovations. .

"These are some of the most affordable homes available today on Long Island and the quality and pristine setting speak directly to the economic value available to today's home buyer," said Joseph A. Farkas, president of Metropolitan Realty Associates, "Purchasers can buy one of these homes for monthly payments that are the same as the rent they now are paying for similar sized units elsewhere."

Farkas' successes include the redevelopment of the former Bristol Myers Squibb-Endo complex in Garden City, now the Business and Research Center at Garden City, and the Sunrise Business Center in Great River, which is just one mile from Birchwood on the Green.

And, Metropolitan appears to be on its way to success in Oakdale, too, with 12 of the 51 units either sold or in contract.

Homes at Birchwood on the Green include one bedroom, one bedroom deluxe and two bedroom units ranging in size from 950 square feet to 1,100 square feet and are uniquely furnished to appeal to a variety of tastes. Each apartment includes new kitchens and bathrooms, hardwood floors, new closets, and is also equipped with new air conditioners and ceiling fans.

These homes feature:
-- Gourmet kitchens with granite countertops and new stainless steel appliances (refrigerator, gas stove and dishwasher).
-- New, high quality fixtures and finishes in fully renovated bathrooms.
-- New polished hardwood floors.
-- Fresh, neutral paint in all rooms.
--New lighting fixtures throughout.
--New closet doors.
--Ceramic kitchen and bathroom tiles.

The complex of 15 buildings of two-story, walkup homes was constructed in 1970 and converted to co-op ownership by the Birchwood Organization.

Monthly maintenance fees are low, ranging from $515-$760 and includes real estate taxes and heat. Down-payments of 10 percent are required and low interest rates are available in today's financing market.

For more information about Birchwood on the Green visit www.birchwoodonthegreen.com or contact Eric Englander of Metropolitan Realty Associates LLC at (516) 222-2616 or Pat Kassten or John Anahoryof of Pat Kassten Realty at (631) 338-6661 or (631) 589-8222.

About Metropolitan Realty Associates Established in 2001, Garden City, NY-based Metropolitan Realty Associates LLC is a national real estate investment and development firm that owns 1.5 million square feet of commercial space, including more than 700,000 square feet of office space on Long Island. Metropolitan owns the Business and Research Center at Garden City, in Garden City, NY, the Sunrise Business Center in Great River, NY, and the Jericho Atrium in Jericho, NY. It also owns The Southwest Corporate Center in Houston, Texas, and has important investments in development projects across the New York Metropolitan area, including 139 Centre St., New York, N.Y., and 200 11th Ave., New York, NY. For more information about Metropolitan Realty Associates visit www.metropolitanra.com

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