Varma Co-op

Varma Co-op is a Co-op located 825 Walton Avenue, in Concourse Village, Bronx. The building was first built in 1924 and is 100 years old. The lot that the building was built on is 89 feet wide and 91 feet long. The official lot area is listed as 9,048 square feet. The building itself is 100 feet wide and 90 feet long. In total, 825 Walton Avenue has a total floor area of 44,304 square feet. Of that, 43,364 square feet are used for residential purposes. About 940 square feet of the building are used for commercial purposes. There are a total of 54 units. Of those, 53 are residential units. There is one commercial unit. 825 Walton Avenue has a total of 6 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 41 closings on record, of which we have matching data for 19 listings. In the past 3 years, a listing in this building will typically remain on the market for about 195 days and tend to sell below the original asking price of $209,000 by 10.75%. Meaning, listings tend to sell at a median of $320 price per square foot. The transaction that took the longest to complete was unit 1B, listed on Aug 23, 2018 for $239,900. This particular unit ultimately sold 357 days later for $220,000. The most recent transaction was for unit 4G, sold for $190,000 on Jun 23, 2023. Fun fact, the oldest transaction we have on record took place on Jun 23, 2005. See the full transaction history for Varma Co-op below.

Concourse Village, where 825 Walton Avenue is located, has a median asking price of $259,900 for co-op buildings. Meanwhile, the building itself has a median asking price of $209,000. For interested buyers, that means the building's median asking price is around 0.20% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op 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 $225,000. It is a 600 sqft 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $175,000. It is a 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 4 one-bedroom, units for sale! The median price of all the active units for sale in the building is $200,000. Active units for sale at 825 Walton Avenue have a median count of 1 bedrooms and have a median count of 1 bathroom.