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Bill Bone

bill.bone@compass.com +1(917) 312-7773

Listing Courtesy of Douglas Elliman Real Estate

Est. payment | -/mo

9 Beds

8 Baths

17,620 SqFt

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Est. payment | -/mo

Save

9 Beds

8 Baths

17,620 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 17,620 sqft

Subdivision Estate Area

MLS Listing ID RLS20024172

Bedrooms 9

Full Baths 7

Half Baths 2

HOA Y/N No

Year Built 1899

Annual Tax Amount $58,884

Property Sub-Type Single Family Residence

Property 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. 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 adds both functionality and prestige. A separate cottage-ideal for guests, staff, or extended family-offers an additional 2,000 square feet, including 3 bedrooms, 2 bathrooms, and an attached 2-car garage. This rare and expansive Riverdale property combines the privacy and grandeur of an exclusive country residence with the convenience of proximity to Manhattan-you can get to Midtown Manhattan in under 30 minutes by car, and not much longer via the Metro North or Subway trains. Wave Hill Gardens sits directly west of the property, offering its lush gardens and grounds, art gallery, cultural center, and charming caf for additional respite and enjoyment. Just a few blocks away are the Riverdale Stables and golf course in Van Cortland Park, as the Riverdale Yacht Club and picturesque Hudson River trails, offering a lifestyle rich in recreation, sport, and history. 5040 Independence Avenue is more than a residence-it's a legacy property rooted in American history, surrounded by nature, and designed for both extraordinary living and inspired entertaining. While 5040 will welcome your own-or your architect's-vision to complete the property, it will be delivered with a Temp Certificate of Occupancy. Images included have been virtually staged.

Location

State NY

County Bronx

Rooms

Basement Other

Interior

Interior Features High Ceilings, Smoke Free, Storage, Walk-In Closet(s)

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Electric

Fireplace Yes

Appliance Dishwasher

Laundry Washer Hookup, In Unit

Exterior

Exterior Feature Balcony, Garden, Juliet Balcony, Private Outdoor Space Over 60 Sqft

Pool Building None

View Y/N No

View Other

Porch Deck, Terrace, Wrap Around, Balcony

Private Pool Yes

Building

Dwelling Type Townhouse

Story 3

New Construction No

Others

Pets Allowed Pets Allowed

Tax ID 05940-0539

Ownership None

Monthly Total Fees $4, 907

Special Listing Condition Standard

Pets Allowed Building Yes, No

RLS Data display by Real Estate Professionals

Nearby Locations

GET MORE INFORMATION

Bill Bone

Broker Associate Lic# 10301210607

bill.bone@compass.com

+1(917) 312-7773

110 5th Ave. 3rd Floor, New York, NY 10011

5040 INDEPENDENCE Avenue Bronx, NY 10471

Bill Bone

Key Details

Location

Rooms

Interior

Exterior

Building

Others

5040 INDEPENDENCE Avenue

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