Is this a NYC real estate unicorn? A three-bedroom, two-bath Riverdale co-op, for $480,000
When apartment prices seem too good to be true, you should be skeptical. And when it comes to this three bedroom, two bath, 3636 Greystone Ave., 6J, in Riverdale, which is asking a super low $480,000, you should be very skeptical and ask, "What's wrong with this apartment?"
Brick Underground did some cursory research, and besides a relatively high maintenance (for the Bronx) of around $1,000—the figure quoted the last time this apartment was for sale—it's not immediately apparent why the price is so low.
But there are some clues: The photos aren't great, and since you don't really see the bedrooms, or the bathroom for that matter, this place may need some work. Still the price is very low for the area, considering the median asking price for a three bedroom in Riverdale is $707,500, according to StreetEasy.
If you're a fan of prewar, you'll like this corner apartment on the top floor. Period details include crown moldings, high ceilings, decorative arches, sunken living room, built-in storage nooks, and inlaid wood floors.
The apartment has a renovated eat-in kitchen with two ventilation windows, quartz countertops, and stainless steel appliances.
There are two full baths with windows and floor-to-ceiling tiles and glass shower doors. In addition to the dining nook in the kitchen, the apartment has a separate dining room.
The building has a live-in super, a porter, laundry room, and a garage, for which there is a waitlist; there's also a common entertaining deck and gardens area.
It's also pet-friendly, allowing up to two dogs, 40 pounds each.
The closest subway is the 1 at 238th Street; stores and restaurants can be found along nearby Broadway. It's about 50 minutes to Grand Central. The expansive Van Cortlandt Park is close by, as are Manhattan College, and the Ethical Culture Fieldston School, an elite, private K-12 school.
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