National Realty & Development Corp. begins final phase of $100m WatermarkPointe

New York Real Estate Journal
National Realty & Development Corp. begins final phase of $100m WatermarkPointe

National Realty & Development Corp. (NRDC) is in the final phase of construction at WatermarkPointe, a condominium community in a waterfront location with views of Long Island Sound. The estimated development cost is $100 million.


The 14-acre gated community includes nine individual buildings designed with traditional New England seaside exterior architecture featuring gable roofs, stonework at the base of the buildings and covered waterfront terraces. Each boutique-style building has four floors with two units per floor, designed for privacy. Residents are currently occupying the first four buildings.

WatermarkPointe comprises 72 units ranging in size from 2,400 s/f to 2,700 s/f, with two three-bedroom layouts. The landscaped site has beaches, sound-front promenade with walking paths, waterfront pool and clubhouse, and a tranquil green. Contemporary plans open to great rooms, where glass walls lead to 30-ft., terraces with views. Units feature 10 ft. ceilings in great rooms and bedrooms, 15 ft. great rooms in the penthouses, 8-inch solid doors, expansive windows, Bilotta designed kitchens and baths, and modern materials.

“We are so pleased with the record-breaking sales we’ve seen since the commencement of construction in 2017, with over 50 percent of the condos sold in the pre-construction phase,” said Jerrold Bermingham, executive vice president at NRDC, builder of WatermarkPointe. “In today’s challenging real estate market, this speaks volumes to the incredible demand for luxury beachfront living in a prime location in Westchester County.” 

WatermarkPointe offers a maintenance-free and socially engaging lifestyle with a welcoming clubhouse at the water’s edge featuring a gathering room with an indoor fireplace, bar, game tables and large screen TV. Residents can also enjoy a fully-equipped fitness center, private beaches and lounge, and a spacious heated outdoor swimming pool – all with stunning views of the sound.

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