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$5,850,000

Listing Price

9beds

7baths

17,620sqft

52,271sqft lot

5040 Independence Ave, Bronx, NY 10471

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For Sale

Off Market

Condo / Townhome

Home type

--

Price / sqft

1899

Year built

Home Details

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. Kennedy once stood when he attended Riverdale Country School. At the heart of the estate is an awe-inspiring primary mansion spanning approximately 17,620 interior square feet across three expansive floors, with an additional 7,500-square-foot basement offering endless potential for customization. Inspired by the spiraling curves of the Guggenheim Museum, the residence features a dramatic triple-height atrium-a luminous, rotunda-like centerpiece that creates a sense of openness, elegance, and timeless modernity. With 9 bedrooms, 7 bathrooms, and 2 powder rooms, this grand mansion offers incredible scale and volume for refined living and entertaining. A sprawling sunken living room opens seamlessly onto a generous terrace, part of the estate's 4,500 square feet of terraced outdoor space that embraces the natural beauty of the Hudson River Valley. Complementing this are a formal dining room, large eat-in kitchen that is also complimented by a large adjacent morning terrace, a separate library, media room, and multiple entertaining salons. A 10-car garage ad

Interior Details

Square Feet
  • 17620

Bedrooms
  • 9

Bathrooms
  • 7

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 52271

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 3

Style
  • Mansion

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$47,873

$97,740

$468,780

--%

$566,520

2019

$44,939

$97,740

$396,600

--%

$494,340

2017

$41,762

$53,329

$151,542

--%

$204,871

2017

$41,762

$75,386

$129,485

--%

$204,871

2016

$39,938

$81,935

$117,848

--%

$199,783

2014

$32,763

$99,854

$79,166

--%

$179,020

2013

$31,080

$95,404

$75,322

--%

$170,726

2012

$30,308

$81,106

$89,620

--%

$170,726

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Average Home Price in 10471

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
5,850,000
$
Down payment
1,170,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
35,100
$
HOA (Monthly)
0
$
PMI
0
$
$37,868
Your Payment
Total Monthly Payment:$37,868
Percent of Income:649%
Affordable:No

Details for 5040 INDEPENDENCE AVE

Property Debt

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