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363 W 261st Street

$4,000,000

MLS# RLS20093610 · Riverdale

Listed May 27, 2026 · 168 days on the market

16 Beds 10 Baths

About This Property

Huge, brick multi-family building in North Riverdale!

Tenant occupied.

Sold as-is.

4 units total—a possible conversion to 6 offers versatility!

Includes a garage and backyard space.

It can be a great addition to your investment portfolio!

Agent's Note

From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by Bizzarro Agency LLC.

Three stories of brick, dating to 1915, make up 363 West 261st Street in North Riverdale. The listing describes four units in total, with the building tenant occupied and sold as-is.

Buyers who like defined rooms, high ceilings and architectural detail often look at pre-war buildings first. Age alone doesn't settle much, though, since condition and layout count for more.

The building lists 16 bedrooms and 10 bathrooms. The listing also includes a garage and backyard space, and it notes a possible conversion to six units, which is worth confirming with your attorney before you plan around it.

Van Cortlandt Park is about 5 minutes away on foot and covers 1146.43 acres, so the backyard isn't your only place to be outdoors. C-Town and Riverdale Kosher Market are each about 8 minutes on foot, and Key Food is about 10 minutes away.

Pets are allowed under the building's policies.

Quick answers+

Does the property have outdoor space?

Yes. It includes backyard space, and Van Cortlandt Park is about 5 minutes away on foot.

Does the property include parking?

Yes. It includes a garage.

Are pets allowed?

Yes. Pets are allowed under the building's policies.

Property Features

Policies

  • Pets allowed

Estimate

Monthly Cost & Closing Costs

The rate is a placeholder, not a quote. Enter the one your lender gives you.

$21,553 / month

  • Principal and interest$20,226
  • Property taxes$1,327

Due at closing

  • Down payment (20%)$800,000
  • NYS “mansion tax” (1.5%)$60,000
  • Mortgage recording tax (1.925%)$61,600

Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.

About the Building

363 W 261st Street is a 3-story two-family dwelling, completed in 1915 and home to 2 residential units.

Van Cortlandt Park is roughly 5 minutes away on foot.

Compiled from NYC public records and open data.

Year Built
1915
Stories
3
Units
2
Building Type
Two-Family Dwelling

View 363 W 261st Street building profile and all listings →

Location & Nearby

Map

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363 W 261st Street

Parks

  • Van Cortlandt ParkAbout 5 min walk

Public schools · Elementary schools

  • P.S. 81 Robert J. ChristenAbout 13 min walk

Colleges & universities

  • University of Mt St VincentAbout 12 min walk

Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.

Listing Courtesy of Bizzarro Agency LLC

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RLS: Real Estate Board of New York Residential Listing Service

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.