SOLD FOR $3,300,000
· Closed December 1, 2022
5501 PALISADE Avenue #NA
MLS® #RLS10812541
Listing by Brown Harris Stevens Residential Sales LLC
6
Bedrooms
5.5
Baths
3,387
Sq. Ft.
N/A
Year Built
Quick Summary
Property Highlights
- Fireplace: Wood-burning or decorative fireplace
- Parking: Private garage
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 14, 2021 | $4,988,888 | - |
| Price Reduced | Dec 1, 2022 | $1 | -100.0% |
| Currently | Apr 28, 2026 | $3,300,000 | +329999900.0% |
Description
A rare opportunity to create an incredible residence or get away home and or build several homes on this Riverdale estate on the Hudson River. A unique opportunity to own, renovate and or develop on 1.69 acres of pristine and manicured property with mature landscaping and unobstructed private views of the Hudson River and Palisades. Located in Riverdale's iconic Estate Area, this lush, park like property with a Greek Revival style 6 bedroom, 5 and a half Bathroom home with two wood burning Fireplaces and soaring ceilings, sit majestically above the Hudson River on this magnificent property. The home was built circa 1901 and longs for restoration. The potential to design your home in such a setting is unparalleled and cannot not be found anywhere within 10 miles of midtown Manhattan where Riverdale is located. The zoning analysis confirms that up to 4 homes can be built on the property and site plans and surveys are available. There is a detached Garage on the property and room for tennis courts, pool, guest house and whatever your heart desires. Wave Hill, Riverdale Yacht Club, Mount St Vincent College, Riverdale Country, SAR schools and shops are all close by. The Metro North Hudson line is nearby putting you in Grand Central Station in 25 minutes.
Features & Amenities
Interior Features
Appliances
Building Information
About Riverdale
View All Riverdale ListingsRiverdale is structured by historic brick rowhouses and multi-story apartment complexes. The neighborhood is connected by several subway lines, providing easy transit access. Key natural features include large local parks, while established commercial avenues serve as important landmarks.
Riverdale Live Market Data
View NeighborhoodActive Listings
17
Median Asking Price
$395K
Median $/Sqft
$416
Avg Days on Market
N/A
New This Week
1
Price Reduced
35%
Sold (30 Days)
0
Median Sale Price
$243K
Live data from RLS at REBNY • Updated 4/28/26, 6:04 AM EST
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Location
5501 PALISADE Avenue #NA, Riverdale, Bronx County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
This property has 6 bedrooms and 5 full bathrooms and 1 half bathroom.
The listed interior living area is 3,387 square feet. Verify dimensions independently during due diligence.
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $3,300,000 for 3,387 sq ft, the asking price per square foot is approximately $974. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Sandhya Tidke
Listing Contact: (212) 381-2485
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 4/28/2026 at 10:04 AM UTC