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Riverdale Lot with Hudson Views
For Sale
$1,395,000
Pending

5239 Independence Avenue, Bronx, NY 10471

Exceptional lot in Riverdale's Historic Estate section with panoramic views.

Property SizeContact for details
Days on Market735

Property Features for 5239 Independence Avenue

General Information

Standard status Pending
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $7,500
Listing Agency: Douglas Elliman Real Estate
Listed By: Ari Susswein · License #10401276151
Source: Exitrealty
Added: Aug 5, 2024 Changed: Aug 8 Last Checked: Aug 8 at 7:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate

Investment Insights

Based on property information with market context.

This lot, situated in Riverdale's Historic Estate section, presents an opportunity to create a custom home. The hillside property features unobstructed, panoramic views of the Hudson River and Palisades. The location is one block from Wave Hill gardens and provides access to Metro North, buses, schools, and shopping. Midtown Manhattan is approximately a 20-minute drive away. Previous approval existed for a 6,000 sq ft residence. Architectural renderings and plans are for informational purposes only. The property offers potential for a home with expansive windows to capture the river views and an infinity pool.

Key Highlights

  • Unobstructed, panoramic views of the Hudson River & Palisades.
  • Located in Riverdale's Historic Estate section.
  • Proximity to Wave Hill gardens (one block away).

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Building Supply Hair Salon Auto Parts Store Big Box & Wholesale Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,440
Businesses Nearby

Demographics for 10471, NY

25,121
Population
9,453
Households
2.7
Avg Household Size
44
Median Age
58%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
14,777
Density / Sq Mi
$108,738
Median Household Income
$65,261
Median Earnings
$1,729
Median Rent
$406,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Exceptional lot in Riverdale's Historic Estate section with panoramic views.
Where is this residential land & home lot located?
The property is located at 5239 Independence Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Unobstructed, panoramic views of the Hudson River & Palisades.; Located in Riverdale's Historic Estate section.; Proximity to Wave Hill gardens (one block away).
More about this property
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