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100 Barclay Street 21c
New York, NY 10007
Adam Vanderbrook with Dolly Lenz Real Estate LLC, original listing - (917) 885-9169
$8,750,000
Conventional
Property
Bedroom
3
Bathroom
Full: 4
Property Type
Conventional
Square ft
2712 Square Feet
Property Description
Introducing residence 21C at the iconic 100 Barclay Street, a rarely available tower residence with private outdoor space. This sublime three bedroom (convertible four), four-bath loft spanning 2,712 SF interior space, offers an opulent lifestyle with a 617sf landscaped private terrace and commanding views of Tribeca. The grandeur is evident in the magnificent great room which is highlighted by 7-foot casement windows and soaring 10-foot ceilings framing the northern and eastern exposures. The adjoining open kitchen, a culinary masterpiece, boasts bespoke Stevali cabinetry, Calacatta gold marble countertops and backsplash, and an island that accommodates five. Equipped with premier Sub-Zero, Wolf, and Miele appliances, a garbage disposal, and vented range hood, it is a culinary haven. Adjacent to the kitchen and great room is the private terrace, an outdoor sanctuary that is ideal for outdoor entertaining with a gas grill and enchanting views of the Hudson river. The primary suite indulges with an expansive custom dressing room and a lavishly appointed primary bath, featuring radiant floor heating, Calacatta gold marble floors in a herringbone pattern, Waterworks fixtures, and a rejuvenating steam shower. Secondary bedrooms offer generous closet space and en-suite baths with high-honed vanilla cream marble vanities, herringbone floor tiles, and crackle-glazed white ceramic wall tiles. A practical secondary service entrance facilitates access to the laundry closet, equipped with an LG washer and vented dryer, as well as built-in cabinets and a sink. One Hundred Barclay offers an unprecedented amenity program. Over 40,000 square feet of carefully considered amenity spaces afford the most comprehensive offering in Tribeca, and a truly rare offering for any New York building. Services and amenities include: 24-hour doorman and concierge, fitness center designed by The Wright Fit, an 82-foot lap pool with adjacent children's pool, and spa and treatment rooms. At the club
Property Information
Lot Size
0 sqft square ft
Property Type
Residential-Apartment
Year Built
1930
MLS Number
--
Location
Address
100 Barclay Street 21C
City
New York
State
NY
Zip Code
10007
County
NEW YORK (LOWER MANHATTAN)
Listing
Provider
Dolly Lenz Real Estate LLC, original listing
Name
Phone
(917) 207-0935
Office Name
Office Phone
(917) 885-9169
Agent Name
Adam Vanderbrook
Agency Phone
(917) 885-9169

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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.