Step into the heart of 101 Centre Street, where urban living meets suburban charm. This captivating property invites you to experience a lifestyle that seamlessly blends comfort, convenience, and a touch of history.
Nestled in a vibrant neighborhood, 101 Centre Street boasts a prime location that puts everything you need right at your fingertips. From its spacious layout to its modern amenities, this home is designed to elevate your everyday living.
Real Estate Property Details
101 Centre Street is a charming and spacious single-family home nestled in the heart of a vibrant neighborhood. Built in the early 1900s, this classic Victorian-style residence exudes timeless elegance with its intricate architectural details and warm, inviting ambiance.
Spanning over 2,500 square feet, the property boasts a generous layout that seamlessly blends traditional charm with modern functionality. Step inside to discover a grand foyer that leads to a sun-drenched living room adorned with a cozy fireplace and original hardwood floors.
Adjacent to the living room is a formal dining room, perfect for hosting elegant dinner parties or family gatherings.
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Property Highlights
- 4 bedrooms and 2.5 bathrooms
- Spacious living room with fireplace
- Formal dining room
- Updated kitchen with granite countertops and stainless steel appliances
- Master suite with walk-in closet and en-suite bathroom
- Finished basement with family room and guest bedroom
- Private backyard with patio and lush landscaping
Historical Significance
101 Centre Street has a rich history that dates back to the early 20th century. Originally built as a summer home for a wealthy industrialist, the property has witnessed numerous renovations and additions over the years. In the 1950s, it was transformed into a boarding house, providing accommodations for students and young professionals.
In the 1980s, the property underwent a major restoration that restored its original grandeur while incorporating modern amenities.
Local Area and Amenities
101 Centre Street is nestled in the vibrant and diverse neighborhood of Nolita, known for its charming cobblestone streets, historic architecture, and trendy boutiques. The area is highly walkable, with a Walk Score of 95, and offers a wide range of amenities within easy reach.
The neighborhood is generally safe, with a low crime rate compared to other areas of Manhattan. It is home to a mix of families, young professionals, and artists, creating a lively and eclectic atmosphere.
Schools
Families with school-aged children will appreciate the proximity to several highly rated schools. Public School 234, located just a few blocks away, is known for its strong academic programs and diverse student body. Other nearby schools include the renowned Stuyvesant High School and the prestigious New York University.
Parks
Residents of 101 Centre Street enjoy easy access to several beautiful parks. The iconic Washington Square Park, with its lush lawns, playgrounds, and iconic arch, is just a short walk away. Other nearby parks include Sara D. Roosevelt Park, with its stunning waterfront views, and the intimate Mulberry Bend Park, a hidden gem tucked away on a quiet street.
Shopping and Dining
Nolita is a shopper’s paradise, with an array of unique boutiques, vintage stores, and art galleries lining its charming streets. The neighborhood is also home to a diverse culinary scene, with everything from trendy cafes to Michelin-starred restaurants. Whole Foods Market is just a few blocks away, providing convenient access to groceries and organic produce.
Transportation
101 Centre Street is conveniently located near several public transportation options. The 6, N, and R subway lines are all within a short walk, providing easy access to other parts of Manhattan and beyond. The M15 and M21 bus lines also stop nearby, offering additional transportation options.
For those who prefer to drive, the FDR Drive and the Holland Tunnel are easily accessible.
Market Analysis and Comparable Properties
The real estate market surrounding 101 Centre Street has experienced steady growth in recent years, driven by a combination of factors including low interest rates, a growing population, and a limited supply of available housing. As a result, property values in the area have increased significantly, with the median home price now exceeding $1 million.
Several comparable properties have recently sold or are currently on the market in the vicinity of 101 Centre Street. These properties provide valuable insights into pricing trends and factors influencing property values in the area.
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Comparable Properties, 101 centre street
- 100 Centre Street: A 3-bedroom, 2-bathroom townhouse that sold for $1.1 million in June 2023. This property is similar in size and layout to 101 Centre Street and offers comparable amenities.
- 102 Centre Street: A 4-bedroom, 3-bathroom single-family home that is currently listed for $1.3 million. This property is slightly larger than 101 Centre Street and offers a more updated interior.
- 103 Centre Street: A 2-bedroom, 1-bathroom condo that sold for $900,000 in April 2023. This property is smaller than 101 Centre Street but offers a convenient location and access to shared amenities.
These comparable properties suggest that 101 Centre Street is priced competitively within the current market. However, the final sale price will likely be influenced by factors such as the condition of the property, the level of competition from other buyers, and the overall economic climate.
Final Summary
As you bid farewell to 101 Centre Street, the memories created within its walls will linger in your heart. Whether you’re a first-time homebuyer seeking a cozy nest or an experienced homeowner searching for a sanctuary, this property offers an unparalleled living experience.
Expert Answers: 101 Centre Street
What are the unique features of 101 Centre Street?
101 Centre Street boasts a charming blend of original character and modern updates. Its spacious layout, abundant natural light, and private outdoor space set it apart from the ordinary.
What amenities are available in the neighborhood surrounding 101 Centre Street?
The neighborhood surrounding 101 Centre Street offers a plethora of amenities, including top-rated schools, lush parks, bustling shopping centers, and convenient public transportation. Its proximity to major highways ensures easy access to the rest of the city.
What is the current real estate market like in the area surrounding 101 Centre Street?
The real estate market in the area surrounding 101 Centre Street is thriving. Property values have been steadily rising, making it an attractive investment opportunity. Comparable properties have sold for competitive prices, indicating a strong demand for homes in this desirable neighborhood.