J
Seller's Agent in 2016
Jay Ra
Douglas Elliman Real Estate
Estimated Value: $1,380,000 - $4,534,848
--
Bed
8
Baths
7,363
Sq Ft
$402/Sq Ft
Est. Value
About This Home
As of January 2016$196K PRICE DROP!!! This 2-Family brick building is located at 363 West 261st Street on a quiet tree-lined block in the desirable neighborhood of North Riverdale in the city of the Bronx. The property is zoned R3A, situated three blocks from Riverdale Ave with a lot size just over 10,000 sf. 1st fl is partially renovated and is used for storage and meter room access. 2nd fl and 3rd fl are 4BD over 4BD both with southern facing heated sunrooms and covered terraces off the back of the building. Each apartment is over 2100sf making this building desirable for its massive size. The building will be delivered vacant. This property has great potential with some TLC.Easy access to all major roads such as I-87 (Major Deegan), Henry Hudson Parkway, and Mosholu Parkway making this area convenient to Manhattan and Westchester counties. Centrally located and ideal for any homeowner. Van Cortlandt Park is a few blocks from this property featuring 1,100+ acres covering ridges and valleys of the Northwest Bronx. From West 225th Street to West 238th Street lies the Broadway shopping corridor which is undergoing a tremendous transition with two large shopping centers including Target, Marshalls, Applebees and Starbucks, which are currently operational, and BJs, Aldi, TJ Maxx and Sports Authority coming in late 2014/early 2015.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,641
Lot Details
- 10,324
Home Design
Interior Spaces
- 7,363 Sq Ft Home
- 4-Story Property
Community Details
- 2 Units
- North Riverdale Subdivision
Listing and Financial Details
- Tax Block 5884
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2014
Closed on
Jan 25, 2016
Sold by
Estate Of Katharine Khoury
Bought by
Mena Comarie Corp
List Price
$1,300,000
Sold Price
$800,000
Premium/Discount to List
-$500,000
-38.46%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,157,424
Avg. Annual Appreciation
14.41%
Purchase Details
Closed on
Mar 14, 2011
Sold by
Khoury Katharine Executor
Bought by
Khoury Katharine
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mena Comarie Corp | $800,000 | -- | |
| Khoury Katharine | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/28/2016 01/28/16 | Sold | $800,000 | 0.0% | $109 / Sq Ft | |
| 01/25/2016 01/25/16 | Sold | $800,000 | -38.5% | $109 / Sq Ft | View Prior Sale |
| 12/29/2015 12/29/15 | Pending | -- | -- | -- | |
| 12/22/2015 12/22/15 | Pending | -- | -- | -- | |
| 01/12/2015 01/12/15 | For Sale | $1,300,000 | 0.0% | $176 / Sq Ft | |
| 07/20/2014 07/20/14 | For Sale | $1,300,000 | -- | $177 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $15,641 | $80,261 | $2,758 | $77,503 |
| 2024 | $15,641 | $77,873 | $3,189 | $74,684 |
| 2023 | $15,262 | $75,148 | $3,566 | $71,582 |
| 2022 | $14,153 | $223,020 | $12,600 | $210,420 |
| 2021 | $14,076 | $181,080 | $12,600 | $168,480 |
| 2020 | $14,157 | $156,660 | $12,600 | $144,060 |
| 2019 | $13,575 | $126,240 | $12,600 | $113,640 |
| 2018 | $12,766 | $62,623 | $8,767 | $53,856 |
| 2017 | $12,043 | $59,079 | $10,322 | $48,757 |
| 2016 | $11,142 | $55,737 | $10,331 | $45,406 |
| 2015 | $6,722 | $55,737 | $7,797 | $47,940 |
| 2014 | $6,722 | $54,079 | $6,429 | $47,650 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10093240
APN: 05884-1183
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