The Coral House

The Coral House is a condo located 260 Beach 81st Street, in Hammels, Far Rockaway. The building was first built in 2005 and is 19 years old. The lot that the building was built on is 345 feet wide and 203 feet long. The official lot area is listed as 58,063 square feet. In total, 260 Beach 81st Street has a total floor area of 96,935 square feet. Of that, 86,935 square feet are used for residential purposes. About 10,000 square feet of the building are used for commercial purposes. Additionally, the building has a 10,000 square feet garage. There are a total of 153 units. Of those, 103 are residential units. There are 50 commercial units. 260 Beach 81st Street has a total of 7 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 174 closings on record, of which we have matching data for 14 listings. In the past 3 years, a listing in this building will typically remain on the market for about 152 days and tend to sell below the original asking price of $285,950 by 2.20%. Meaning, listings tend to sell at a median of $330 price per square foot. The transaction that took the longest to complete was unit 2D, listed on Sep 14, 2019 for $289,900. This particular unit ultimately sold 349 days later for $283,920. The most recent transaction was for unit 2V, which was first advertised on Aug 07, 2023, sold for $350,000 on Feb 15, 2024. Fun fact, the oldest transaction we have on record took place on Oct 24, 2004. See the full transaction history for The Coral House below.

Hammels, where 260 Beach 81st Street is located, has a median asking price of $559,000 for condo buildings. Meanwhile, the building itself has a median asking price of $285,950. For interested buyers, that means the building's median asking price is around 0.49% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 4 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $369,000. It is a 2 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $335,000. It is a 2 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, no one-bedroom, 4 two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $345,000. Active units for sale at 260 Beach 81st Street are mostly 2-bedroom apartments Active units for sale at 260 Beach 81st Street have a median count of 2 bedrooms and have a median count of 1 bathroom.