December 4, 2021

The World Live Breaking News Coverage & Updates IN ENGLISH

The World Live Breaking News Coverage & Updates IN ENGLISH

Dobbs Ferry, N.Y.: A Mixed-Income River Town (but a View Will Cost You)

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, Dobbs Ferry, N.Y.: A Mixed-Income River Town (but a View Will Cost You), The World Live Breaking News Coverage & Updates IN ENGLISH
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, Dobbs Ferry, N.Y.: A Mixed-Income River Town (but a View Will Cost You), The World Live Breaking News Coverage & Updates IN ENGLISH
, Dobbs Ferry, N.Y.: A Mixed-Income River Town (but a View Will Cost You), The World Live Breaking News Coverage & Updates IN ENGLISH

The assortment of village housing options means a spectrum of prices, said Therese Militana Valvano, an associate broker with Coldwell Banker, from around $175,000 for a simple one-bedroom co-op to more than $3.5 million for a larger, perhaps renovated single-family home in parts of Ardsley Park and Riverview Manor. Many of the more modest single-families fall in the $600,000 to $900,000 range, she said, with river views driving up the price.

As in many areas, the market in Dobbs Ferry became busy during the coronavirus pandemic and has stayed that way. “Inventory remains low, and the buyer pool is still incredibly active,” said A.J. Dobbs, an associate broker at Compass.

But prices have begun to recede. “We’re noticing a shift,” he said. “It’s now possible to get a bit more for your money than during the height of Covid.”

Data provided by the Hudson Gateway Multiple Listing Service indicated that as of Oct. 18, there were 23 single-family homes on the market. They ranged from a 1,550-square-foot, three-bedroom ranch, built in 1963 on 0.12 acres and listed at $499,000, to a 7,900-square-foot, seven-bedroom colonial, built in 1917 on 1.72 acres, for $5.25 million. There were three multifamily homes for sale: a 1,600-square-foot two-unit for $699,000, a 2,250-square-foot three-unit for $799,000, and a 7,655-square-foot three-unit for $2.999 million. Four condominiums were on the market, from a 978-square-foot two-bedroom for $430,000, to a 3,100-square-foot three-bedroom for $985,000; and three co-op apartments were for sale, all one-bedrooms, for $190,000, $249,900 and $259,000.

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