Home Buying in Bronxville>Question Details

Levern, Home Buyer in North Riverdale, Bronx...

What are the benefits of purchasing a home in "Bronxville PO" when these homes are not in that exclusive area?

Asked by Levern, North Riverdale, Bronx, NY Wed Apr 9, 2008

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There are some wonderful neighborhoods in the Bronxville PO, and I am sorry to see some of the negative comments. As you may already know the reason it is called Bronxville PO is that the Post Office that services our area is the Bronxville Village PO located in the Village proper. There are other similar arrangements in Westchester, for example Scarsdale PO/New Rochelle.

A good portion of the homes in the "PO" that are located near the Village border were in fact built by the Lawrence family, who were the major developers of the Village. It was designed to look very much like the Village and it does to this day. Lawrence Park West, Armour Villa and the Cedar Knolls Historic District are very similar to Bronxville proper, and in many cases are within walking distance of Village ameneities.

In terms of Coop apartments it is much the same. There are beautiful prewar buidlngs with wonderful apartments on Midland Avenue, Bronxville Rd, Parkview Avenue and Pondfied Road West. They are available for far less cost than the Village, and the Boards are far more reasonable.

While I cannot discuss specifics about schools as it is prohibited by Federal Law, I can tell you that my Coop has many young professional families with children and I do not hear complaints. Taxes are definately far lower than Bronxville, and the small income tax surcharge does not make up the difference.

I have lived in the Bonxville PO for almost 20 years and I have found it to be a safe convenient place to be. My suggestion is to have an experienced Realtor show you the area and its strenghs, and at that point you can make an informed decision if it is for you.

Good luck!
1 vote Thank Flag Link Mon Apr 14, 2008
Bronxville PO Yonkers is popular with Bronxville empty nesters or people that choose to send their kids to private schools and thus do not need Bronxville school system but want be in close proximity to Bronxville village. Home prices and taxes are much lower (less than half) in Bronxville PO Yonkers, than in Bronxville village. Residents of Yonkers do have to pay an income tax surcharge, but the rate is only 12% of the net new york state income tax paid.
1 vote Thank Flag Link Sat Apr 12, 2008
Chris nailed it. Also the Yonkers schools are rated in the bottom of the county consistently so the lower taxes are because your kids go to poor schools that may have metal detectors on the door. Bronxville PO is a marketing ploy, like offering free home insurance for a year. Its basically meaningless but makes you feel better.
1 vote Thank Flag Link Wed Apr 9, 2008
The only benefit I can think of is to be able to say your mailing address is Bronxville. Alot of the homes in the "PO" have Yonkers schools, the benefit of that is lower property taxes. Bronxville proper is only 1 square mile and is within Eastchester, some of the homes can have Tuckahoe or Eastchester schools as well. I'm sure this is more info than you wanted but knowledge is power. Please feel free to contact me if you have any additional questions.
1 vote Thank Flag Link Wed Apr 9, 2008
You should be aware that while the Bronxville/Yonkers homes have lower property taxes the kicker is that the city of Yonkers also imposses an income tax which virtually dimishes any true tax savings.
0 votes Thank Flag Link Fri Apr 11, 2008
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