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210 Pacific Street
Brooklyn, NY 11201
Barbara Wilding with Compass, original listing -
$5,995,000
Conventional
Property
Bedroom
4
Bathroom
Full: 3
Property Type
Conventional
Square ft
3133 Square Feet
Property Description
You're going to love this magnificent home with Parking! Located in prime Cobble Hill, this bright, modern full-floor Condo with 4 exposures and breathtaking views of both Manhattan and Brooklyn skylines has it all. With over 3130 square feet of thoughtfully designed interior space, this exceptional 4 bedroom, 3 bath home with a spacious living room and dining room, chef s kitchen, large den, custom office and private terrace is a rare gem. Deeded indoor parking and basement storage, complete this incredible home. Enter from direct elevator access into this sophisticated space with large triple-glazed windows facing Manhattan. This expansive west side of the apartment is perfect for entertaining with an impressive flowing living room and dining room leading to the high-end chef s kitchen featuring honed statuary marble countertops with full-height backsplash, white oak and Corian custom cabinetry, spacious dining island, pantry storage and top-of-the line appliances; Sub-Zero refrigerator, Miele frameless induction cooktop, oven, stainless steel speed/steam oven, and two Miele dishwashers, under counter LED lighting, garbage disposal, and vented hood. Adjacent to the kitchen a substantial den/TV room with stylish custom cabinetry is the perfect place to relax with sliding glass doors leading to the private terrace for seamless indoor/outdoor living through all seasons. There is also a conveniently located custom office. On the east side of the apartment the primary suite is bathed in light from large windows and sliding glass door which opens to the private terrace. Luxuriate in the primary bathroom with honed statuary marble slab countertops, backsplash and walls, with delicate glass penny tile floors by Anne Sacks and radiant heat. An immense glass-enclosed rain shower, custom double-sink vanity with rift white oak cabinetry and separate water closet provide a spa-like experience. Two sizable walk-in closets complete the primary suite. Down the hallway past the convenient laundry room, three additional bright, well-proportioned bedrooms and two full bathrooms, one with a large soaking tub and double sink, provide all the space one needs. Additional notable features include a humidification system, continuous fresh air ventilation system, advanced solar hot water system, triple glazed windows, 6 wide white oak plank floors, custom window shades, central air, high ceilings, and ample storage. A unique boutique condominium featuring sustainable design, 210 Pacific Street is ideally located in the charming Cobble Hill neighborhood. Building amenities include enclosed parking with EV car-charging capability, a fitness room, playroom/recreation area, and common roof deck with views, video intercom with remote monitoring and mobile access. The building has incredibly low monthlies, including a tax abatement until 2027. The building also utilizes Passive House technology and Solar Hot Water equipment to greatly reduce energy consumption, allowing it to meet the 2050 NYC energy goals for housing, decades ahead of schedule. Everything you need is right outside your door, from Trader Joe s and Sahadi s to the plethora of shops, bars and restaurants on Atlantic Avenue, Court and Smith Streets, Cobble Hill Cinemas, and a host of easily accessible transportation options, including a wide range of subway lines nearby.
Property Information
Lot Size
0 sqft square ft
Property Type
Residential-Condominium
Year Built
--
MLS Number
--
Location
Address
210 Pacific Street
City
Brooklyn
State
NY
Zip Code
11201
County
KINGS (NORTHWEST)
Listing
Provider
Name
Phone
(917) 207-1994
Office Name
Office Phone
Agent Name
Barbara Wilding
Agency Phone
(646) 586-8268

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.