$5,850,000
for sale
17,620 ft²
$332 per ft²
20 rooms
9 beds
7+ baths
Other type
- Riverdale
Resale
This home has been saved by 18 users.
Listing by Douglas Elliman, Limited Liability Broker, 575 Madison Avenue -, New York, NY 10022 | Brokerage Listing ID: 23462343
Common charges
Not applicable
Estimated payment
$34,488/mo
Legal disclaimerAll calculations are estimates provided by StreetEasy for informational purposes only. Actual amounts or financing terms may vary. Please contact your mortgage provider for specifics.Taxes
$4,907/mo
Tax abatement
No info
About
Seller’s agent
Description
A Grand Mansion in Historic Riverdale – 5040 Independence Avenue
Commanding over 1.2 acres of prime land in the verdant enclave of Riverdale, the Bronx, 5040 Independence Avenue is a once-in-a-generation offering. This exceptional estate, nestled above the iconic Wave Hill Gardens, is steeped in both architectural significance and presidential heritage as it is located on the very same site that the childhood home of John F.
Policies
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Home features
Central air
Dishwasher
Fireplace
Hardwood floors
Private outdoor space
Garden, Roof rights
View
Park
Washer/dryer
Building amenities
No info on building amenities
About the building
5040 Independence Avenue
5040 Independence Avenue, Bronx, NY 10471
1 unit
3 stories
1899 built
For sale
1 available units for saleFor rent
0 available units for rentDocuments and permits
View documents and permitsProperty history
- Price change: No changes
- Days on market: 96 daysThis is the number of days the listing has been on StreetEasy.
| Date | Price | Event |
|---|---|---|
5/14/2026 | $5,850,000 | Listed by Douglas Elliman |
3/11/2026 | $6,450,000 | |
5/15/2025 | $6,450,000 |
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Explore Riverdale
Transit
| Location | Distance |
|---|---|
1at Van Cortlandt Park–242nd St | 0.91 miles |
1at 238th St | 1.14 miles |
1at 231st St | 1.45 miles |
1at Marble Hill–225th St | 1.75 miles |
About Riverdale
Sales
Median asking price
9 beds
$4.8M
Riverdale was once a summer retreat for wealthy New Yorkers, who built large estates and Tudor-style mansions along the cliffs overlooking the Hudson River and the Palisades. Many of these properties still remain, which lends an upscale, polished atmosphere to the neighborhood's windy, tree-lined streets. Although certain pockets recall the tonier Westchester towns to the north, Riverdale is far more diverse. In addition to large single-family homes, Riverdale also features many co-op complexes, which offer more affordable housing options but the same easy, bucolic pace of life.
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