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for saleRealtyLens property overview
$1,189,000
8343 261st St
Floral Park, NY, 11004
View more Floral Park, NY property pages5Beds
2.5Baths
2,265Sqft
$525$/sqft
Market Insights
Below nearby median-26%
$525/sqft vs a nearby median of $710/sqft.
Nearby median$710/sqft
Nearby properties12
Property size2,265 sqft
- -26% versus the nearby median price per square foot.
- 2 price records are available for this property.
- 2,265 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$1.53M$1.40M – $1.65M · 58% confidence
vs ask $1.19M−$338k (−28.4%)
Asking price is about 28.4% below the fair value — likely to draw competing offers if it's still on market.
$710/sqft median across 10 tight comps × 2,265 sqft= $1.61M
- Transit access−$48k −3.0%
- Visible condition issues−$24k −1.5%
- Days-on-market gravity−$8k −0.5%
Cumulative NYC adjustments−$80k−5.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Recorded price cuts can create room for negotiation, but the latest ask still needs to be compared against true comps.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 70 days
- Last price change
- Down $90,000 (7.0%)
- Listed
- Mar 3, 2026
- Photos
- 26 photos
- Property type
- single family
- Status
- for sale
Photos
Price History
May 7, 2026diff
$1,189,000for sale
May 4, 2026Initial record
$1,279,000for sale