HOULIHAN & O’MALLEY AUGUST ‘20 ACTIVITY

Houlihan & O’Malley Real Estate ended the Summer with some great closings and had several pending moving into September. We also added some new listings. The Westchester County Real Estate market is active! And, our agents are here to help you sell or buy. We have over 30 years experience in the market and our clients love working with us! Find out why, give us a call.

SOLD:

36 Crestwood Avenue, Tuckahoe PO/Yonkers (5 Bed/4 Bath)
Sold for $1,087,500
A commuter’s dream…Metro North and a walking trail are only minutes away from this easy living 6-year old Colonial home nestled in the quiet historic Crestwood neighborhood. Custom built throughout with walk-in closets. A lovely home. Move right in!

175 Pennsylvania Avenue, Tuckahoe PO/Yonkers (3 Bed/2 Full Baths/1 Half Bath)
Sold for $863,000
In the heart of Crestwood just a three-block walk to Metro North Station and just around the corner from the Crestwood Library. This often-admired Tudor home sits prominently on Pennsylvania Avenue. It is in excellent condition with numerous upgrades over the past few years. There is a walk-up attic for storage and a full basement that includes a two car garage. There is a lovely patio off the family room that is elegant & very private. You will be impressed by the quality of this home and its recent improvements.

19 Gard Avenue, Bronxville PO/Yonkers (6 Bed/2 Full Baths/1 Half Bath)
Sold for $724,000
LOCATION, LOCATION, LOCATION! A classic Victorian in Armour Villa offering a front porch and two additional porches to enjoy some spectacular views. The main level features an Entry Foyer, Formal Living Room and Formal Dining Room both with fireplaces, a Sunroom, Library, Breakfast Room and Kitchen. All this and walking distance to the Bronxville Metro North Train Station and Village. LOW TAXES!!!

205 E 238^th Street #1B, Bronx (2 Bed/1 Bath)
Sold for $255,000
SPONSOR UNITS fully renovated.

PENDING:

3 James Drive, New Rochelle, NY (4 Bed/2 Full Bath/1 Half Bath)
Listed for $839,000
This sunny spacious split-level home has been beautifully updated for today’s lifestyle. Upon entry, you are welcomed by an open living room with vaulted ceilings and magnificent hardwood floors, a large separate dining room, beautiful kitchen which leads to a large deck – perfect for entertaining! And low taxes!

110 Lockwood Avenue, Yonkers (Multi-Family-One 2 Bed/1 Bath Unit; Two 1 Bedroom/1 Bathroom Units)
Listed at $649,000
Opportunity knocks! Three Family house with two car garage and plenty of additional driveway parking. Three separate gas and electric meters! There is a full unfinished basement offering bonus space, and a laundry room, workroom and lots of storage. AND LOW TAXES!

280 Bronxville Road #8B, Bronxville PO/Yonkers (1 Bed/1 Bath)
Listed at $275,000
Move right onto this sensational one-bedroom apartment in the beautiful Bronxville Lodge. This apartment has been completely renovated in the past 6 years using superb materials and workmanship. The eat in kitchen was gutted and completely renovated with recessed lighting throughout. The two closets in the bedroom have been joined to create a dream custom closet with amazing versatile storage. A must see!

182 Garth Road Unit #2A, Scarsdale (1 Bed/1 Bath)
Listed at $229,000
Move right in to this lovely unit at Scarsdale Manor. Recently renovated to perfection – a gracious entry hallway leads to a large living room, dining room, kitchen, and a total of six roomy closets. Less than a ten minute walk to the Scarsdale Metro North Station and all the shopping and restaurants Scarsdale has to offer.

112 Richbell Road #C4, Mamaroneck (1 Bed/1 Bath)
Listed at $159,000
Beautiful co-op located in desirable Mamaroneck Gardens! Close to Metro North station and all the shopping and food options Mamaroneck Avenue has to offer. And Boston Road is a block away with even more shopping and dining choices. The apartment has three exposures and is on the top floor with great sunlight. Move-in ready!

NEW LISTINGS:

9 Central Drive, Bronxville PO/Eastchester (3 Bed/1 Bath)
Listed at $785,000
This sun-drenched English Tudor sits right in the center of Chester Heights. Built in 1926 this Tudor boasts bright, sun filled rooms, high ceilings, and hardwood floors throughout. Beautifully renovated kitchen with Viking stove, granite counter tops, Bose speakers, formal dining room with original dental moldings, large living room with a wood burning fireplace. Generous family room leads out to a large private patio including outdoor Bose speakers and backyard perfect for entertaining. Lower level is fully finished-great playroom/home office/workout area; separate laundry room; over-sized two car garage with additional bonus loft space for storage. A well-maintained home! A MUST SEE!!!

68 E. Hartsdale Avenue Unit S3, Hartsdale (2 Bed/2 Bath)
Listed at $499,000
RARE OPPORTUNITY. Unusual Spacious Duplex w/private yard & patio, huge fireplace, two huge walk-in closets & two exposures in the ideal walking location on East Hartsdale Avenue. Metro North train, shopping & restaurants all within an easy stroll. Bonus room makes perfect nursery/office. Foyer converts to a private guestroom w/Murphy bed & bathroom. 24-hr laundry, 24-hr gym, bike room, storage, garage parking is waitlist, no-smoking building & ALL DOGS ARE WELCOME!

280 Bronxville Road #8-O, Bronxville PO/Yonkers (1 Bed/1 Bath)
Listed at $285,000
Looking for an apartment with its own outside space that is walking distance to all that Bronxville has to offer? THIS IS IT! Truly unique and very special – this oversized one bedroom is perched on the 8th floor of the building with expansive eastern views from its very own terrace. The apartment is exceptionally roomy with a gracious foyer, large living room, large kitchen and a large bathroom. Plan your visit!

Office Space Available:

66 Palmer Avenue Unit #27, Bronxville (980SF)
Listed at $3,500/month

66 Palmer Avenue Unit #28, Bronxville (1,092 SF)
Listed at $3,750/month

Let Houlihan & O’Malley help you with your next real estate deal!

August 27, 2020

Curb Appeal is Important for Selling Your Home

Now is the perfect time to turn attention to your house. Cleaning isn’t just for the Springtime anymore. This Fall, why not give your home some extra curb appeal? The goal is to make the home’s exterior look crisp and clean and help it stand out, thus increasing your chances of enticing potential buyers to want to take a peek inside and increase your potential of selling your home quickly.

Here are some helpful hints:

Get the dirt, moss, and cobwebs off your home’s exterior by using a power washer or a regular hose with a power washing attachment. And, while you’re at it, clean off your outdoor lawn furniture.
Wash your windows. A hose with a window washing attachment can get windows shiny and clean. And remember to clean inside windows, too, for the most sparkle. Don’t want to do it yourself? Get references and hire a professional window washer.
Clean and polish outdoor fixtures, especially on the front door and entryway. Metal polishes do a great job in making your hardware gleam.
You might not realize it, but the roof plays an important role in curb appeal too. Is your roof missing any shingles? Is it dingy and streaked? If so, a good cleaning or, if necessary, new roofing will go a long way toward improving your home’s desirability.
Fix stone walkways, driveway and retaining walls that were ruined by bad weather, road salt, or careless plowing. The best way to find a top-notch mason is to check with neighbors/friends or ask your Realtor for a referral. They usually have a list of trusted vendors handy.
Clean out garden beds and top them with natural mulch, which will help the soil retain moisture and give the beds a neat look. You may also need to reseed or add sod to areas of your lawn that are a bit bald.
If your driveway has taken a beating over the years, think about repairing the cracks or even repaving it.
Lastly, position pots of flowers on the front and back of your home to add more color. And, even though you can’t see it, fragrance can have a big impact on a person’s experience when they enter your home. Consider something floral, fresh herbs or now with the autumn upon us, there is nothing more refreshing than the smell of apples & cinnamon or pumpkin spice.

If you’re ready to sell your home, contact us. Our team of expert agents will help you prepare your home and get you the best price!

August 19, 2020

HOULIHAN & O’MALLEY JULY ‘20 ACTIVITY

July continued to busy for the agents at Houlihan & O’Malley and we are so happy to be able to help so many clients out during this time safely with all their real estate needs. We had several sales, rentals, contracts and new listings added during the month. And, we want to thank all the clients’ who put their trust in our team!

SOLD:

231 Pondfield Road, Bronxville (4 Bed/2 Full Bath/2 Half Bath)
Sold for $1,690,000
Easy walk to Metro North, school and town from this centrally located Village Tudor. Many upgrades with lots of living space including a huge living room with bar area, dining room, eat in kitchen, amply sized family room, an out of the way office and a powder room. The backyard has a great patio for outside entertaining too!

2 Stoneleigh Plaza #5H, Bronxville (3 Bed/3 Bath)
Sold for 1,345,000
Stoneleigh is a premier building located in the heart of Bronxville – close to shops and Metro North Station. This almost 2000 square foot apartment underwent extensive renovations which reflects today’s lifestyle and design preferences. Unit is on a high floor in the northwest corner of the complex affording it much privacy, beautiful views and abundant sunlight. The large, private, open terrace overlooks neighboring parkland providing idyllic outdoor space.

RENTALS:

17 Gramatan Court, Bronxville CONDO (3 Bed/3 Full Bath/1 Half Bath)
Rented for $9,000/month
Gramatan Court reinvented! This new rental opportunity is one of a kind. The entire townhouse has been completely renovated in 2017 with the goal of making it open, bright and airy. This is one of the few units in the complex to have a fully above grade lower level with terrific ceiling height. The kitchen & dining room have been made into a fabulous family space including an all NEW kitchen. Located in the heart of Bronxville with an easy walk to Metro North, school, great restaurants, movies, Pure Barre, Starbucks, Soul Cycle and many local shops.

10 Alden Place #4B, Bronxville PO/Mt. Vernon (2 Bed/1 Bath)
Rented for $3,000/month
This Bronxville PO, Mount Vernon School District, apartment is a five-minute walk to Bronxville shops, dining and the Metro North station. Newly renovated kitchen & bath, beautifully finished hardwood floors and lovely French Doors in the Living Room overlooking a park.

111 Sagamore #2C, Tuckahoe (1 Bed/1 Bath)
Rented for $2,100/month
Bright, sunny apartment in a great location and a well-maintained building! Large living area with eat in kitchen. Ample closet space. Easy access to town and transportation!

IN CONTRACT:

44 Chittenden Avenue, Tuckahoe PO/Yonkers (4 Bed/2 Full Bath/1 Half Bath)
Listed at $719,000
Located at the center of Crestwood and only 3 blocks from Metro North Station and a half block to the Crestwood Library. On almost 1/4-acre lot, you will be wowed by the expansive, level yard & gardens. A recently installed slate patio allows you to enjoy barbeques w/family & friends in a very private setting. Inside you will find a ‘great room’ type layout that combines the living and dining rooms into a large open area. In addition to an eat in kitchen & powder room, the 1st floor includes a corner office for the perfect ‘working from home’ set up. The 2nd floor includes a master suite w/private bath, walk in closet & deck overlooking the yard. There are three additional bedrooms and a renovated hall bathroom. The third floor is a delightful surprise that is one large room with windows all around. Imagine the possibilities!

89 Avondale Road, Yonkers (4 Bed/2 Full Bath/1 Half Bath)
Listed at $689,000
Welcome to Crestwood! This spacious and well-maintained Split-Level style home sits on a .33 acre lot. The large patio allows plenty of room for BBQ’s and outdoor entertainment. The main level features a Formal Living room with Cathedral ceilings, Formal Dining room and Eat-In-Kitchen with access to the wood deck and expansive backyard. The 745 SF Lower Level features a TV room, Rec room, Powder room, Laundry/Utility room, Backyard/Patio and Garage access. There is a Sub-basement level that offers tons of options! Walk to Crestwood Metro North Train, Library, Bronx River Pathways & Schultz Field! And low taxes!

171 Alta Vista Drive, Yonkers (4 Bed/ 2 Bath)
Listed at $659,000
Welcome to Colonial Heights! This Beautifully maintained Cape house sits perfectly on a level piece of property. The main level flows from the front foyer to the living room with a wood burning fireplace. The house continues through the dining room, eat in kitchen and drops down into the family room. Exiting outside off the family room to the backyard patio and grilling area truly extend the living area of the home. This gorgeous backyard features lush green grass and shrubs which creates amazing privacy for family and friends. The large lower level is split – one side offers a relaxing finished family room and the other side has plenty of storage, with washer/dryer, second refrigerator, utilities. This home has been meticulously maintained over the years. Some recent upgrades include new siding, driveway, and hot water heater.

900 Palmer Road #8D, Bronxville PO/Yonkers (2 Bed/1 Bath)
Listed at $299,000
Spacious COOP located at “The Winchester”, a doorman building. This 8^th floor unit has lots of tree top views, generous closet space, large Living Room & Dining area; eat in kitchen. Located a few blocks from Bronxville’s Metro North station, many shops, restaurants, Bronx River Park and Saturday’s Bronxville Farmer’s Market.

NEW LISTINGS:

10 Huntwood Place, Mount Vernon (3 Bed/2 Bath)
Listed at $649,000
Fabulous Tudor in the desirable Huntswood area of Fleetwood. This meticulously updated house has an entry foyer, a step-down living room with a stone fireplace and French doors to a screened porch, a formal dining room, an updated eat-in kitchen with granite counters, an updated full bath, and a family room with built-ins. The walk-out basement has bonus space and opens onto a level backyard. In the past three years the seller has installed a new furnace, a new hot water heater, energy saving solar panels that come with a 20 year warranty, new windows in the basement, new screened porch, new kitchen floor, new kitchen storm door, new staircase to the basement, and dry wells in the backyard. Walk to the Fleetwood Metro North station, Pennington School and the many shops & restaurants in Fleetwood & Bronxville.

110 Lockwood Avenue, Yonkers (4 Bed/3 Bath)
Listed at $649,000
Opportunity knocks! Three Family house with two car garage and plenty of additional driveway parking. Three separate gas and electric meters! AND LOW TAXES! [One – two-bedroom unit / two – one-bedroom units]

There is a full unfinished basement offering bonus space, and a laundry room, workroom and lots of storage.

280 Bronxville Road #8-O, Bronxville PO/Yonkers (1 Bed/1 Bath)
Listed at $285,000
Looking for an apartment with its own outside space, this is it!

Walking distance to all that Bronxville has to offer. Truly unique and very special – this oversized unit has expansive eastern views from its very own terrace. The apartment clears all the surrounding buildings so the views are unparalleled. The apartment is exceptionally roomy with a gracious foyer, large living room, large kitchen that can easily accommodate a table for four. The bedroom is almost square with a walk-in closet. Even the bathroom is larger than average. A must see!

182 Garth Road #2A, Scarsdale (1 Bed/1 Bath)
Listed at $229,000
Move right in to this lovely unit at Scarsdale Manor. Recently renovated to perfection – a gracious entry hallway leads to a large living room, dining room, kitchen, and a total of six roomy closets. Less than a ten minute walk to the Scarsdale Metro North Station and all the shopping and restaurants Scarsdale has to offer. Residents are eligible for membership at Lake Isle Country Club.

100 Theodore Fremd Avenue, Rye (1 Bed/1 Bath)
Rental-Listed at $2,300/month
Welcome to Rye City, this unit has a “Walk Score” of 85!! Conveniently located close to shops, restaurants, and Metro North Rye train station. This unit comes with its very own parking space. Cozy unit with open floor plan, hardwood floors throughout, a large living room/dining area, fire place and its own private open terrace. Great rental opportunity!

If you are interested in setting up a meeting to discuss your home buying or selling needs, contact Joe Houlihan at (914) 337-7888 or joeh@hom-realestate.com.

July 27, 2020

HOULIHAN & O’MALLEY JUNE ‘20 ACTIVITY

June was a very busy month real estate activity month for Houlihan & O’Malley. Our agents were had several closings and new listings, as well as, contracts pending. The Westchester County market is hot right now as more people are looking to move to the beautiful suburbs from the city. Contact us if you are looking to buy or sell.

SOLD/RENTED:

42 Crestwood Avenue, Tuckahoe PO/Yonkers (4 Bed/2 Bath)
Sold for $811,000
Crestwood at its very best! A quick walk to Metro North and local shopping and an even shorter walk to school and library. This beautiful home has been extensively renovated and includes a sensational back yard. The result is a marvelously warm home that lives with ease and grace. Move in and enjoy.

35 Crestwood Avenue, Tuckahoe, PO Yonkers (5 Bed/3 Full Baths/2 Half Baths)
Sold for: $870,000
This beautiful Victorian Home with old world charm and wrap around front porch have been recently renovated. The home features hardwood floors and original pocket doors in formal living room. Walking distance to the Crestwood train station.

23 Park Avenue, Ossining, Multi Family (5 Bed/3 Bath)
Sold for $560,000
Both units offer a duplex style of living with separate utilities. Great income opportunity! Walk Score of 72.

18 Bogert Avenue, White Plains (2 Bed/1 Bath)
Sold for $430,000
This charming house is located on a quiet street in Fisher Hill bordering Scarsdale. Large level backyard. Walk to nearby park. Walk to train/bus. Enjoy the Bronx River Parkway bike and walking paths!

811 Palmer Road #2D, Bronxville COOP (2 Bed/1 Bath)
Sold for $215,000
This COOP is a diamond in the rough with just over 1,200 SF; more space than most units in the area. This well-maintained complex has much to offer. Just a short walk to the Bronxville Metro-North train station, shops and many restaurants.

PENDING:

36 Crestwood Avenue, Tuckahoe PO/Yonkers (5 Bed/4 Bath)
Listed at $1,125,000
A commuter’s dream…Metro North and a walking trail are only minutes away from this young Colonial home nestled in the quaint neighborhood of Crestwood. Custom built throughout. Floor plan is thoughtfully designed to provide functionality for today’s lifestyle. A bright and easy home to live, love and enjoy!

175 Pennsylvania Avenue, Tuckahoe PO/Yonkers (3 Bed/2 Full Bath/1 Half Bath)
Listed at $789,000
In the heart of Crestwood just a three block walk to Metro North Station and just around the corner from the Crestwood Library. This often admired Tudor home sits prominently on Pennsylvania Avenue. It is in excellent condition with numerous upgrades. You will be impressed by the quality of this home and its recent improvements.

19 Gard Avenue, Bronxville PO/Yonkers (6 Bed/ 2 Full Bath/1 Half Bath)
Listed at 749,000
LOCATION, LOCATION, LOCATION! A classic Victorian in Armour Villa offering a front porch and two additional porches to enjoy spectacular views. All this and walking distance to the Bronxville Metro North Station and the Village.

205 E. 238^th Street #1B, Bronx COOP (2 Bed/1 Bath))
Listed at $249,900
Fully renovated SPONSOR UNIT! Huge private outdoor space facing front of the building. A must see!

380 North Broadway #C7, Yonkers COOP (1 Bed/1 Bath)
Listed at $139,999A Gorgeous, newly renovated unit in the West Water Commons Complex. Living room with open floor concept has spectacular water views which just add to the peace and tranquility of the complex. Just minutes from downtown Yonkers waterfront, Buses, Park and all major highways. And just 30 minutes from NYC via Metro-North.

NEW LISTINGS:

336 E. 187^th Street, Bronx (Multi Family)
Listed at $795,000
This is a development deal. There is a two-family house on the property which will be delivered vacant. The zoning is R7-1. The FAR is 3.44. The allowable square footage of a new building is 16,477 SF. If you add a Community Facility the allowable size is 22,992 SF. The property is located on the southwest corner of E 187th Street and Marion Avenue. It is two blocks south of Fordham Road. You can walk to all.

259 W. 234^th Street, Bronx (3 Bed/1 Full Bath/1 Half Bath)
Listed at $669,000
A must-see opportunity in the Kingsbridge area of the Bronx. Great location, close to public transportation, major highways, local retail shops and entertainment.

68 E. Hartsdale Avenue #S3, Hartsdale COOP (2 Bed/2 Bath)
Listed at $549,000
RARE OPPORTUNITY. Unusual spacious duplex w/private yard/patio, fireplace, two walk-in closets & two exposures in the ideal walking location on East Hartsdale Ave. Metro North train, shopping & restaurants all within an easy stroll. 2 units combined into 1 grand home that lives like a house w/none of the work!

100 Theodore Fremd Avenue, Rye #A2A CONDO (1 Bed/1 Bath CONDO)
Listed at $275,000
Welcome to Rye City. This unit has a “Walk Score” of 85 – conveniently located close to shops, restaurants, and Metro North train station. Comes with its very own parking spot just steps away from the back entrance of the building. This cozy unit offers an open floor plan, hardwood floors, a large living room/dining room area, a rustic exposed red brick wall with working fire place and its own private open terrace. A must see!

280 Bronxville Road #8B, Bronxville PO/Yonkers COOP (1 Bed/1 Bath)
Listed at $275,000
Move right into this sensational unit in the beautiful Bronxville Lodge. This apartment has been completely renovated in the past six years with superb materials and workmanship. Recessed lighting and a dream custom closet make this the perfect one bedroom on the eighth floor of this quiet building!

17 Gramatan Court, Bronxville CONDO – RENTAL (3 Bed/3 Full Bath/1 Half Bath)
Listed at $9,000/month
Gramatan Court reinvented! This new rental opportunity is one of a kind. The entire townhouse has been redone and altered in 2017 with the goal of making it open, bright and airy. This is one of the few units in the complex to have a fully above grade lower level with terrific ceiling height. The kitchen & dining room have been made into a fabulous family space including an all NEW kitchen. The second floor contains the master suite with new bathroom and walk in closet. The second bedroom has additional closet space and a new bathroom. The laundry room is in the 2nd floor hallway. The third floor has another master suite with spacious new bathroom and roomy walk in closet as well as a fabulous west facing terrace. All mechanicals were replaced. There are three separate HVAC systems. Located in the heart of Bronxville with an easy walk to Metro North, school, great restaurants, movies, Pure Barre, Starbucks, Soul Cycle and many local shops.

Busy June! Think we are making up for April and May? Maybe? Come visit with a Houlihan & O’Malley agent-we’re busy but always have time for more clients! Go ahead – make our summer busy!

April 14, 2020

Low Interest Rates Make It a Good Time to Buy

Home Buying Market

The world is currently going through an unprecedented series of events with the pandemic. For many, it’s a time to shelter in place and to be thankful for the things that they have. Things are changing for the time being, but the world will come through on the other side wiser and stronger than before.

Some of the changes that have occurred in the past few weeks from a buyer’s perspective, are actually beneficial right now.

Low Interest Rates Make It a Good Time to Buy

Although the world is in uncertain times, those who have the means may find that buying a property right now could be a very good option. This is because the rates today are lower than they have been in a long time. The rates are at record lows, so buying a property has the potential to net you a great deal.

The Federal Reserve is buying unlimited amounts of mortgage-backed securities and U.S. Treasury securities. This is helping to provide more protection than what was available during the 2008 recession. In light of what’s happening currently, this will be needed. The government is also acting faster today than it did in 2008, which means the benefits could be seen sooner. By creating a greater demand in mortgage bonds and with rates low, buying could be a smart choice for those who have already been considering buying.

If you have the money available to buy a property, it simply makes sense to take advantage of the changes that are happening with the rates. While it is certainly a scary time for the world, and you might be wondering whether you should make the purchase, it’s time to consider the low rates. If you were already going to buy a home, and you are in a financial situation where you will be able to make the purchase safely, consider getting in touch and moving forward.

Of course, with the current pandemic, there is no longer such a thing as “business as usual”. During these times, you will want to consider other ways of shopping for and buying your property. Fortunately, we have plans in place that can make it much easier for you.

Joe Houlihan
Broker/Owner
Houlihan & O’Malley

April 6, 2020

Find New Properties Using Virtual Connections

With so much of the world in lockdown, getting out and finding the real estate that you want to buy right now can seem difficult. In fact, it can be next to impossible to move forward with “business as usual” in the coming weeks. However, we can work with our clients virtually. If you are interested in a property, or if you have questions, we can connect online. In fact, much of what you will need to know about the property, including looking at the photos and taking a virtual “tour” can be done over the Internet.

You can learn more about the property, the building, the neighborhood, and more. By connecting online, it limits actual contact, while still providing you with all of the information you will need when it comes to the property. It’s very easy to work with clients virtually, so you can get started on your home search right away.

With an increase in the number of buildings and homes that will be available, coupled with the low interest rates, it could be the right time to start thinking about buying. Check out some of the properties we have available and then get in touch to learn more. It couldn’t be easier to find the home of your dreams, and you might even be able to save some money thanks to those low rates. It’s nice to have a bit of good news during these trying times.

Just because the world is wisely social distancing currently doesn’t mean that you have to forego looking for a new property to call home. Check out all of the different options that are available, consider the state of your finances, and get in touch to learn more about those properties. This could be an ideal time to find a property that you like.

Joe Houlihan
Broker/Owner
Houlihan & O’Malley

January 27, 2020

Bronxville PO/Yonkers Market Analysis on Single Family Homes

Here is my summary and analysis of the real estate market for Single Family homes in the Bronxville PO/Yonkers market and my thoughts for 2020.

As you review this ‘Snapshot’ of the Bronxville PO market over the past 10 years, note the number of transactions each year as well as the median price. It also shows what segments of the market were strong and which were weak.

Here are some interesting bullet points:

the median price in the PO has dropped 15% from 2017 to 2019
throughout the post-recession years 2012-18, the volume of transactions in the PO averaged 58 homes per year; in 2019, the volume dropped to 42
14 homes were ‘in contract’ at year end representing 33% of the sales volume for the year
of the 14 homes ‘in contract’ at year end, 6 of them had asking prices above $750,000 and 2 had asking prices over $1 million, which had been a weak segment of the market over the past two years. In fact, only 7 homes sold in 2019 for more than $1 million

A significant data point is the drop in sales volume in 2019 as it represents seller resistance to the reality that market values have dropped. However, the number of homes ‘in contract’ at year end indicates a significant increase in market activity. In fact, 4 additional homes have gone to contract since the first of the year.

It is clear to me that the market in the Bronxville PO has turned a corner–sellers have adjusted to the new market and buyers are back. They want an easy commute to NYC and a great quality of life, which the PO offers being right near all that Bronxville Village has to offer.

I predict a surge in sales volume for 2020 which will bring us back to a more normal volume of over 50 sales, prices will level off and the median will be similar to the past year. This year should be a good year for the PO as it seems to have started out on a positive note.

Joe Houlihan
Broker/Owner
Houlihan & O’Malley real Estate Services

*Market information is from the Hudson Gateway Association of Realtors

December 10, 2019December 10, 2019

Tis the Season for Selling Your Home

When the time comes to put your home on the market, many sellers think they should wait until after the holidays. However, there are several unexpected advantages to listing your home now rather than waiting until the New Year.

Motivated Buyers
Tis the season! There may be fewer buyers looking, but those who are tend to be motivated buyers. Homes often sell faster during the holidays, and for more money. Plus, there’s always that buyer who wants to give the ultimate gift to a loved one – a new home!
Less Competition
Because the holidays can be hectic, sellers often feel they can’t handle trying to show their home while juggling everything else. Sellers often take the home off the market or wait until the New Year to put it on the market. This means that supply drops significantly, making the remaining houses on the market that much more attractive to buyers.
Lower Interest Rates
Historically, interest rates are cyclically lower from December through January, making it a more appealing time to buy. Additionally, the Fed has held interest rates very low for nearly nine years.
Top Notch, Faster Service
The stores may be packed, but your Realtor, title companies, banks, and lenders are probably not so busy, so you’re much more likely to be top priority. Plus, many potential homebuyers have time off from work during the holidays, giving them ample time to search for their new home.
Your Home Looks Beautiful
You can capitalize on the joy of the season by making your home warm and inviting with cheerful, tasteful holiday decorations and festive aromas, such as vanilla and spiced cider simmering on the stove or freshly baked cookies just out of the oven. This will appeal to the emotions of buyers, leaving them with a memorable impression.

The last week of November and the beginning of December have been surprisingly busy weeks with new contracts getting signed! Contact Houlihan & O’Malley if you are thinking of placing your home on the market this holiday season.

November 15, 2019November 15, 2019

AUTUMN HAS ARRIVED-WATCH OUT FOR FALLING LEAVES & FALLING ACORNS!
HOULIHAN & O’MALLEY MONTHLY REPORT — OCTOBER 2019

October was a very busy month for the Houlihan & O’Malley team. Our real estate agents were helping clients sell homes and buy homes! We have been serving the Westchester County area for over 25 years and our knowledge helps get the best results in all real estate transactions.

SOLD:

30 Forest Lane, Bronxville (5 Bed/5.5 Bath)
Sold for $2,675,000
Old world charm meets new construction-this house has been totally expanded and redesigned/rebuilt to offer today’s buyer every modern convenience and comfort. State of the art updates makes this the perfect home!

9 Leone Close, Scarsdale PO/Greenburgh (6 Bed/4 Bath)
Sold for $1,130,000
Mid-Century Modern Edgemont home with attached Guest Suite (w/separate entrance) on a cul-de-sac. What else could you ask for? Easy living, walk to elementary school, playground, bus to train and shops.

359 Collins Avenue, Mt. Vernon (Multi-family; each unit–3 Bed/2 Bath)
Sold for $875,000
This two-family house has been exceptionally renovated for contemporary living. Located in a suburban/urban neighborhood in Fleetwood and just a short ride to NYC. Enjoy the many local amenities-shops, movies, dog parks, and nature preserve.

12 Dorchester Road, Eastchester (4 Bed/2 Bath)
Sold for $692,000
This split-level home was built in 1955 and sits comfortably on a corner lot in one of Eastchester’s loveliest neighborhoods.

141 Crestwood Avenue, Tuckahoe PO/Yonkers (3 Bed/2.5 Bath)
Sold for $665,000
Beautifully updated home in sought after Crestwood location. Enjoy everything this special location has to offer. Easy commute to Manhattan in under 30 minutes.

6 Midland Gardens #2E, Bronxville (1 Bed/1 Bath)
Sold for $279,000
Simply Perfect! Be the first to live in this completely renovated apartment in this sought-after Bronxville complex. Less than a five-minute walk to Bronxville shops, restaurants, and the Metro-North station.

632 Palmer Road #9P, Yonkers (2 Bed/1 Bath)
Sold for $199,000
Move-in condition; Garage parking space included; a pool in the complex! Three-minute drive/1 mile walk to Bronxville Metro North Train Station. Close to restaurants, shops, transportation, and so much more!

3850 Hudson Manor Terrace, Bronx (1 Bed/1 Bath)
Sold for $157,500
This unit is nestled on the first floor of a well-maintained building in the heart of Riverdale. Great open floor plan with high ceilings. This building offers a fully equipped gym, community room, laundry room and a doorman.

RENTALS:

1 Mill Road, Eastchester-
2 East (1 Bed/1 Bath)
3 East (1 Bed/1 Bath)
3 West (1 Bed/1 Bath)
4th-floor unit (2 Bed/2 Bath)-RENTED
2 West (1 Bed/1 Bath)-RENTED
The entire building & all 5 apartments have been completely renovated; W/D in each unit; Mitsubishi heat/AC units; Video intercom system; private parking space. Surrounded by many shops and restaurants; a short walk to the Crestwood Train Station.

IN CONTRACT:

101 Hickory Grove Drive West, Larchmont PO/Mamaroneck (3 Bed/2.5 Bath)
Listed at $1,350,000
Tudor style home in mint condition with a contemporary feel. The location in Larchmont Gardens near the Brook has it all -walk to train, village and schools! Quality and detail make this home perfect for today’s buyer!

510 Midland Avenue #2K, Yonkers (1 Bed/1 Bath)
Listed at $229,000
Beautiful spacious Condo in move-in condition. Conveniently located to everything.
Unit has a bright western exposure and is right near Tibbets Park!

90 Oregon Avenue Unit B, Bronxville PO/Eastchester (1 Bedroom/1 Bath)
Listed at $225,000
Welcome to Chester Heights Garden Condominium with beautifully maintained grounds and mature landscaping. Steps to every convenience! Just minutes from Bronxville Village & Metro North with a 30-minute commute to New York City. A hidden gem!

10 Old Mamaroneck Road # 4F, White Plains (1 Bed/1 Bath)
Listed at $225,000
Unique opportunity to own a NEWLY renovated Junior 4 unit at the desirable Wesley House. There is a ‘residents only’ fitness center; laundry room on each floor; Doorman service. No Board approval for this sponsor unit!

766 Palmer Road #3D, Bronxville PO/Yonkers (1 Bed/1 Bath)
Listed at $209,000
You’ll enjoy this quiet and peaceful unit. Come home to relax in your large living room which offers access to your very own private outdoor rooftop terrace. Just a short walk to the Bronxville Metro-North train station, shops and many restaurants.

NEW LISTINGS:

76 Rockledge Road, Bronxville PO/Yonkers (6 Bed/3.5 Bath)
Listed at $650,000
Welcome to 76 Rockledge Road. This traditional 1910 Colonial, designed by Bates & How, offers a magnificent home on an unusually large piece of land. This house will ignite an unprecedented passion to restore this wonderful piece of history or…pave a new path.

682 Tuckahoe Road #6F, Yonkers (1 Bed/1 Bath)
Listed at $ 110,000
Penthouse living. You’ll enjoy this quiet unit located on the top floor. Low monthly maintenance (includes heat, hot water, gas & electric!) A must see!

Having trouble deciding to buy or sell — let Houlihan & O’Malley help you make the right real estate decision.

October 10, 2019November 15, 2019

Houlihan & O’Malley’s Real Estate activity-SEPTEMBER 2019

Fall is here but you wouldn’t know it based on the temperature!

NEW REAL ESTATE LISTINGS

10 Old Mamaroneck Road #4L, White Plains (1 Bed/1 Bath)
Listed at $225,000

Unique opportunity to own a NEWLY renovated Junior 4 unit at desirable Wesley House. The high quality renovation includes refinished floors, all new white kitchen, all new bathroom, new doors throughout and recessed lighting. The kitchen appliances are stainless steel & the counter tops are white Carrara marble. There is a ‘residents only’ fitness center and a laundry room on each floor. Doorman service is 8:00am-9:00pm Mon-Thurs; 8:00am-11:30pm Fri-Sun. One parking space is included. No Board approval for this SPONSOR unit!

615 Palmer Road #108, Yonkers (Studio/1 Bath) Listed at $149,000

Welcome to the Palmer House. This beautiful sunlit unit is in MOVE IN CONDITION and includes ASSIGNED PARKING; VISITOR PARKING; 24/7 SECURITY Guard/Gate; recently renovated kitchen; hardwood parquet floors; storage and bike room. Easy commute via express bus to Manhattan or quick bus ride to Metro North Train Station.

REAL ESTATE RENTALS

11 Mill Road, Eastchester-4^th floor unit (2 Bed/2 Bath) Listed at $3,650

3 East (1 Bed/1 Bath) Listed at $2,650

3 West (1 Bed/1 Bath) Listed at $2,650

2 East (1 Bed/1 Bath) Listed at $2,650

2 West (1 Bed/1 Bath) Listed at $2,650

Welcome to 11 Mill Road. The entire building & all five apartments have been completely renovated with new double insulated windows, new stainless steel appliances, quartz countertops with peninsula design and counter seating. Washer/Dryer in each unit; Mitsubishi heat and AC units with remote controls; Video intercom system; private parking space. Surrounded by many shops and restaurants; short walk to the Crestwood Train Station. A must see!

REAL ESTATE IN CONTRACT

50 Highland Circle, Bronxville PO/Yonkers (4 Bed/3 Bath/1 Half Bath) Listed at $1,350,000

This often-admired treasure was recently featured in the NYTimes about the benefits of living in Lawrence Park West. First time on the market in 28 years-this home was designed by noted architect Lorillard Wise with a classic stone and cedar shake exterior, slate roof and arched dormer windows.

Home has been meticulously restored. Simply elegant!

359 Collins Avenue, Two Family, Mt. Vernon (6 Bed/4 Bath) Listed at $875,000

A lovely home & a smart investment! This all brick two-family house has been exceptionally renovated. The home is located on a tree-lined, family friendly neighborhood in Fleetwood. A five minute walk to Metro North Station and short walk to Bronxville or Fleetwood shops. The house has a duplex layout; each unit has 3 Bedrooms and 2 Bathrooms; three car garage. Beautiful brick exterior-low maintenance.

1361 California Road, Eastchester (3 Bed/2 Bath/1 Half Bath) Listed at $699,000

Move-In Ready! NEW-Triple Thermal Front Windows, Trex Deck, Insulated Vinyl Siding, Bathrooms, Driveway, Front Walk Pavers, Fence, Playset, Dentil Crown Molding & Bessler Stairs. Spacious floor plan; Hardwood Floors; Central A/C. Eastchester Schools. Close to Shops, Restaurants and Eligible for Lake Isle Country Club Membership

31 Pondfield Road West #54, Bronxville PO/Yonkers (2 Bed/1 Bath) Listed at $310,000

Wonderful Coop in sought after Tudor Arms. The unit is located on the 5th floor of this classic Pre-War elevator building. There is a gracious entry foyer, a large living room, an updated eat in kitchen, generously sized bedrooms, and an updated bath. Additional features-9 foot ceilings, picture moldings, cedar lined closets, and oak hardwood floors with mahogany trim. Five minute walk to the shops and restaurants in Bronxville Village as well as the Bronxville Metro North station.

280 Bronxville Road #3B, Bronxville PO/Yonkers (1 Bed/1 Bath) Listed at $225,000

GREAT LOCATION! Walk to Bronxville METRO North Station-30 minutes to NY. Close to Bronxville Village-Starbucks, Soul Cycle, Pure Barre, seasonal Farmer’s Market, movie theater, library, shops and restaurants!! This is a spacious unit with the convenience of city living!

REAL ESTATE CLOSED

173 Colonial Parkway North, Yonkers (3 Bed/3 Bath/1 Half Bath) Listed at $739,000

This well maintained 1962 Split Level home is located on a very quiet street in the desirable Colonial Heights section of Yonkers. This beautiful home offers lots of living space with hardwood floors throughout. Move in ready!

240 Carol Avenue, Pelham (3 Bed/1 Bath/1 Half Bath) Listed at $599,000

Beautiful sun filled home located on the corner lot in the heart of the village. Walk to Pelham train station with an easy commute to Grand Central Station in 30 minutes. Convenient to major highways; walk to village, schools, shops and restaurants.

2 Consulate Drive #1C, Tuckahoe (2 Bed/2 Bath) Listed at $477,500

Spectacular, spacious apartment at Consulate at the Park. This unit faces the park and has seasonal water views. It has just been totally renovated with many upgrades; a short walk to the Tuckahoe Metro North Train; gated community; 24/7 Security; outdoor pool; and assigned parking.

1200 Midland Avenue #7F, Bronxville PO/Yonkers (1 Bed/1 Bath) Listed $189,000

Welcome to Bronxville Knolls Tower where living is easy. Large sunlit unit with Formal Dining Room; Doorman Building; Parking available for two vehicles; building storage; move-in ready.

2 Louisiana Avenue #3A, Bronxville PO/Yonkers (2 Bed/1 Bath) Listed at $165,000

Tucked away on a quiet street yet close to all modes of transportation. Generously sized apartment in a beautifully maintained building (with elevator); pet friendly; on-site storage; common laundry. You can walk to downtown Fleetwood & Village of Bronxville Metro North Station. A true find and value!

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