Estimated payment $9,244/month
Highlights
- Property is near public transit
- Wood Flooring
- Baseboard Heating
- P.S. 81 - Robert J. Christen Rated A-
- Park
About This Home
Welcome to 204 W 260th Street, a marvelous three-family home sitting on a generous lot in the heart of Riverdale. With incredible income potential, updated interiors, and bonus space, this property is a smart investment for both families and investors alike.
The home features three spacious apartments spread across three floors and an attic. The first and second floors each offer three bedroom, two bath layouts, while the top unit includes two bedrooms and one full bath, providing a great mix of unit sizes for flexible rental strategies or multi generational living. On the ground level, you’ll find two additional rooms that can be used for storage, office space, or future expansion.
The units have been tastefully renovated, showcasing bright kitchens with white cabinetry, full tile backsplashes, and stainless steel appliances. The bathrooms feature vintage charm with updated finishes, and each apartment benefits from ample natural light, functional layouts, and spacious rooms throughout. A private driveway offers convenient off-street parking, and the large lot opens doors for future development or outdoor enhancements.
Perfectly positioned near public transit, schools, and shops, this home provides suburban tranquility with quick accessibility to the city. Whether you're looking to offset your mortgage with rental income or expand your real estate portfolio, this property is for you.
Listing Agent
Sandra Fox
Shawn Elliott Luxury Homes Brokerage Phone: 917-637-0161 License #40FO0791482 Listed on: 08/29/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,536
Year Built
- Built in 1920
Home Design
- Triplex
- Brick Exterior Construction
- Stucco
Bedrooms and Bathrooms
- 8 Bedrooms
Parking
- Driveway
- On-Street Parking
Schools
- Riverdale/Kingsbridge Middle School
- Riverdale/Kingsbridge High School
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
- Heating System Uses Natural Gas
Additional Features
- Wood Flooring
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 05864-0514
Community Details
Overview
- 3 Units
Recreation
- Park
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,987 | $56,374 | $12,702 | $43,672 |
| 2024 | $10,987 | $54,701 | $11,701 | $43,000 |
| 2023 | $10,719 | $52,778 | $13,160 | $39,618 |
| 2022 | $9,940 | $57,840 | $16,980 | $40,860 |
| 2021 | $9,887 | $60,720 | $16,980 | $43,740 |
| 2020 | $9,944 | $64,980 | $16,980 | $48,000 |
| 2019 | $9,536 | $59,760 | $16,980 | $42,780 |
| 2018 | $8,966 | $43,982 | $11,005 | $32,977 |
| 2017 | $8,459 | $41,494 | $13,897 | $27,597 |
| 2016 | $7,826 | $39,148 | $14,558 | $24,590 |
| 2015 | $4,721 | $39,148 | $15,699 | $23,449 |
| 2014 | $4,721 | $37,987 | $15,798 | $22,189 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2024 08/29/24 | For Sale | $1,599,900 | +23.1% | $400 / Sq Ft |
| 08/22/2023 08/22/23 | Sold | $1,300,000 | -1.9% | $325 / Sq Ft |
| 03/06/2023 03/06/23 | Pending | -- | -- | -- |
| 09/20/2022 09/20/22 | Price Changed | $1,324,900 | -1.9% | $331 / Sq Ft |
| 07/15/2022 07/15/22 | Price Changed | $1,349,900 | -1.8% | $337 / Sq Ft |
| 03/16/2022 03/16/22 | Price Changed | $1,374,900 | -3.5% | $344 / Sq Ft |
| 09/02/2020 09/02/20 | For Sale | $1,424,900 | 0.0% | $356 / Sq Ft |
| 04/19/2020 04/19/20 | Rented | $2,600 | 0.0% | -- |
| 04/04/2020 04/04/20 | Off Market | $2,600 | -- | -- |
| 03/10/2020 03/10/20 | Price Changed | $2,600 | -7.1% | $2 / Sq Ft |
| 02/03/2020 02/03/20 | For Rent | $2,800 | 0.0% | -- |
| 02/01/2020 02/01/20 | Off Market | $2,800 | -- | -- |
| 01/16/2020 01/16/20 | Price Changed | $2,800 | -3.1% | $2 / Sq Ft |
| 10/29/2019 10/29/19 | Price Changed | $2,890 | -3.3% | $2 / Sq Ft |
| 10/03/2019 10/03/19 | For Rent | $2,990 | 0.0% | -- |
| 05/21/2018 05/21/18 | Sold | $925,500 | +2.9% | $231 / Sq Ft |
| 02/23/2017 02/23/17 | Pending | -- | -- | -- |
| 02/23/2017 02/23/17 | For Sale | $899,000 | -- | $225 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,300,000 | -- | |
| Deed | $925,500 | -- | |
| Deed | $710,000 | -- | |
| Deed | $710,000 | -- | |
| Deed | $398,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $910,000 | Purchase Money Mortgage | |
| Previous Owner | $694,125 | Purchase Money Mortgage | |
| Previous Owner | $350,000 | Purchase Money Mortgage |
Source: OneKey® MLS
MLS Number: H6325376
APN: 05864-0514
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