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181 East 90th Street
New York, NY 10128
Yann Rousseau with BARNES NEW YORK, original listing - (646) 559-2249
$8,750,000
Conventional
Property
Bedroom
4
Bathroom
Full: 4, ½: 1
Property Type
Conventional
Square ft
3553 Square Feet
Property Description
A Full-Floor Penthouse Masterpiece with 360° Panoramic Views. Perched atop The Metropolitan-a Pritzker Prize-winning Philip Johnson masterpiece-this extraordinary full-floor penthouse offers unparalleled 360-degree panoramas of Central Park, the East and Hudson Rivers, and the iconic Midtown skyline. Featuring over 3,500 sq. ft. of meticulously crafted interiors, 11-foot ceilings, this turnkey residence underwent a comprehensive renovation, ensuring every detail reflects exceptional quality and contemporary luxury. From the elevator, arrive to an inviting foyer and gallery that lead into an expansive corner living room, where 8 signature curved windows frame sweeping views and flood the space with natural light. Low-energy AC zones and automated shades contribute to a serene environment. The flooring is finished in a sleek epoxy white. Step onto a remarkable 1,030 sq. ft. terrace, crowned by an architectural awning and thoughtfully equipped with irrigation, large storage units and outlets. Offering a 270-degree panorama - east, west, and north - this private outdoor haven is perfect for alfresco dining, sophisticated entertaining, or simply soaking in the city's ever-changing skyline. The sunlit, open-concept kitchen, with Crema Marfil marble flooring, is a culinary showpiece. Outfitted with SieMatic cabinetry and granite St. Cecilia countertops, it boasts top-of-the-line Viking and Sub-Zero appliances. Two windows with powered shades invite in fresh air, and two floor-to-ceiling pantry shelves provide ample storage. It has a vast adjacent dining area. Four generously proportioned bedrooms, each appointed with powered sheer/blackout window treatments and outfitted with California Closets, ensure everyone's comfort. Beneath the bedroom carpets lie oak floors, adding warmth and versatility. The primary suite is a tranquil sanctuary that could rival the size of a grand living room. Equipped with a dedicated low-energy AC zone, and extensive closet space (including a walk-in), this retreat caters to ultimate comfort. Adjoining is the windowed primary bath, which is a private wellness haven featuring a steam shower, an infinity soaking tub, radiant-heated Azul Cielo marble floors and walls, and a separate vanity desk. Each additional bedroom has its own ensuite marble bath with shower/tub combinations, ensuring family and guests enjoy luxurious pampering in total comfort. A dedicated laundry room includes Whirlpool washer and vented dryer for convenience. The home's smart infrastructure includes automated shades, a Crestron system, and low-energy AC zones for personalized climate control. With large investments in updates and enhancements, this residence is a modern masterwork, offering both style and substance in every corner. Built in 2004, The Metropolitan at 181 East 90th Street is celebrated as one of Carnegie Hill's finest condominiums. Residents enjoy a 24-hour doorman, porter, full-time handyman, and resident manager. On-site amenities include a state-of-the-art fitness center, bike room, children's playroom, private storage, and additional laundry facilities. Pets are warmly welcomed. This prime Upper East Side address places you moments from Central Park, world-class museums, acclaimed dining, gourmet grocers, and convenient subway lines. Adding further appeal, residents may benefit from the New York City Cooperative and Condominium Tax Abatement. PH32 at The Metropolitan is not just a residence-it's an elevated lifestyle marked by architectural significance, exceptional craftsmanship, breathtaking views, and unparalleled convenience, all set in one of Manhattan's most prestigious neighborhoods.
Property Information
Lot Size
0 sqft square ft
Property Type
Residential-Condominium
Year Built
2004
MLS Number
--
Location
Address
181 East 90th Street
City
New York
State
NY
Zip Code
10128
County
NEW YORK (UPPER MANHATTAN)
Listing
Provider
BARNES NEW YORK, original listing
Name
Phone
(646) 559-2249
Office Name
Office Phone
(646) 559-2249
Agent Name
Yann Rousseau
Agency Phone
(646) 559-2249

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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.