RealtyLens
for saleRealtyLens property overview
$1,189,000

8343 261st St

Floral Park, NY, 11004
View more Floral Park, NY property pages
5Beds
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

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-26% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price Movement1 price cut

Recorded price cuts can create room for negotiation, but the latest ask still needs to be compared against true comps.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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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

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.