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233 West 11th Street
New York, NY 10014
Matthew Geoffrey Steer with Keller Williams NYC, original listing - (212) 301-1140
$13,500,000
Conventional
Property
Bedroom
6
Bathroom
Full: 4
Property Type
Conventional
Square ft
--
Property Description
Constructed in 1844 as part of a distinguished row of late Greek Revival homes in the West Village, 233 West 11th Street is the perfect blend of historical elegance and modern comfort. This 20-foot-wide single-family townhouse, with its original front gate and iron fretwork, showcases 3,600 sf across four floors in addition to a well maintained 840 sf cellar. The residence offers six spacious bedrooms, some of which can also serve as an office or children?s playroom, and four bathrooms. The block is adorned with cherry and pear trees that burst into vibrant pink and white blossoms in spring and cast a golden glow in fall. Expertly transformed by one of New York City?s most-renowned architects, both the Garden and Parlor floors have been extended. The rear fa ade is elegantly enhanced with opening steel casement windows that invite in the beauty of the 35-foot fully landscaped rear garden and an abundance of natural light. The home features custom teak flooring. Both Parlor and Garden floors are installed with radiant floor heating throughout, providing year-round comfort. Climate control is managed by the dual-zone HVAC system. Garden FloorThrough the Garden level you arrive at an expansive open-concept kitchen and dining room. The modern kitchen is furnished with premium appliances including a Wolf 6-burner range with vented hood, Sub-Zero refrigerator, InSinkErator, dual dishwashers, and a fully equipped service pantry. The kitchen and dining room feature elegant French limestone flooring from Walker Zanger.Host gatherings in the dining room while enjoying the view of the private, lushly landscaped bluestone garden. The fully irrigated garden displays an array of carefully selected plants and trees including boxwood, blooming crape myrtle, fragrant witch hazel, and crabapple. Parlor Floor From the landscaped forecourt, the grand stoop welcomes you to the parlor floor with 10.5ft ceilings. Through the foyer you enter the elegant living room showcasing a striking wall of custom steel casement windows looking out onto the gardens below. The living room has state-of-the-art Lutron and Lucifer lighting, Lutron shades, and an integrated sound system, allowing you to effortlessly tailor the ambiance. Primary BedroomThe primary suite is serene and offers a multitude of modern luxuries. Relax on a cozy winter?s evening in the warm glow of the bedroom?s wood burning fireplace. The ensuite bathroom with French limestone wall tiles and teak floors includes radiant heat underfoot and Dornbracht fixtures. There is an abundance of built-in closet space in addition to a walk-in closet. The primary bedroom space is flexible and could be easily configured as a large sitting room or library, transferring the primary suite to the entire third floor complete with a walkout terrace and home office. 3rd FloorThe upper floors are accessed via a skylight-lit staircase with dark oak balustrade and Shaker spindles. The third floor includes two spacious bedrooms with custom closets and a full bathroom. The northern bedroom opens onto almost 200 sf of private terrace overlooking the garden. There is a fully equipped laundry room with oversized LG washer and dryer.4th FloorThe fourth floor provides versatile options for configuring the space to suit your needs. Currently three spacious rooms including a bedroom, a study illuminated by a large skylight, and a library, each room offers ample closets and could easily be configured into a sizable bedroom. The floor also includes a windowed full bathroom. Located in the heart of the highly coveted West Village, 233 West 11th Street offers an unparalleled residential experience. Surrounded by a vibrant blend of acclaimed restaurants and iconic historic bars, this address places you at the epicenter of cultural sophistication. With the scenic Hudson River Park, the innovative High Line, and the renowned Whitney Museum all within a short distance, this home provides seamless access to some of New York City's most treasured landmarks. 1, 2, 3, L, F, M, A, C, E, and PATH trains, along with CitiBike stations and bus services, are all just moments from your doorstep.
Property Information
Lot Size
0 sqft square ft
Property Type
Commercial Sale-Other
Year Built
--
MLS Number
--
Location
Address
233 West 11th Street
City
New York
State
NY
Zip Code
10014
County
NEW YORK (LOWER MANHATTAN)
Listing
Name
Phone
(212) 301-1140
Office Name
Office Phone
(212) 301-1140
Agent Name
Matthew Geoffrey Steer
Agency Phone
(212) 301-1140

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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.