See Home Value
$2,800,000
● House - Off Market

5247 INDEPENDENCE Avenue

Bronx, NY 10471
bedrooms
9 Beds
bathrooms
5 Baths, 3 Half Baths
square feet
10,000 Ft²
$16,757
Est. Monthly
2.26%
Cap Rate

About This Property

Discover a rare and exquisite "Gold Coast" estate, nestled in the prestigious Riverdale Historic District-one of the few remaining neighborhoods in NYC where grand homes are surrounded by lush grounds. This property, the Henry L. Atherton Villa at 5247 Independence  Avenue, is among just 34 distinguished residences in this historic enclave, where even a young JFK once resided nearby in 1928. Conceived in the mid-19th century as an exclusive "suburban summer community" by affluent businessmen, this magnificent estate showcases  a stunning blend of Gothic Revival architecture with refined Colonial Revival enhancements, completed in 1910 and 1914.

Spanning a stately 10,000 square feet, this impressive home offers 9 bedrooms and 8 bathrooms on a serene 0.61-acre lot. The exterior preserves its rich historical character with striking features such as two chimneys, gabled slate roofs, elegant Doric columns,  and a porte-cochere. Inside, the exquisite original millwork, gleaming hardwood floors, and generous windows exude timeless charm.

Enter through a grand open parlor with a fireplace, once used to greet guests in sophisticated style. The first floor includes a formal dining room, a well-appointed kitchen, and two refined libraries with bay windows and fireplaces. The expansive living  room opens through glass doors onto a stunning veranda, offering uninterrupted views of the Hudson River year-round.

The home's split-level staircase leads to 9 well-proportioned bedrooms, thoughtfully arranged for privacy. The second floor features 5 bedrooms, including a luxurious master suite with a river-view terrace. The third floor houses 3 additional bedrooms, perfect  for family or guests. Several bedrooms boast wood-burning fireplaces, adding to the home's grandeur. Enjoy breathtaking views of the river and Palisades from the spacious deck and oversized balcony.

The Riverdale Historic District, designated as NYC's 54th historic district by the Landmarks Preservation Commission in 1990, is home to notable attractions such as the Perkins Estate at Wave Hill. This area offers beautifully landscaped parks, winding tree-lined  streets, and an array of cafes, restaurants, and top-rated private and public schools. Located just 15 minutes from Manhattan by car, subway, or Metro-North, this exceptional estate provides a seamless blend of historic elegance and modern convenience.
Unit Size
10,000 Ft²
Days on Market
301 days
Land Size
0.62 acres
Price per sqft
$280
Property Type
House
Property Taxes
$3,008
HOA Dues
-
Year Built
1853

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Last updated: 2 years ago (RLS #RLS11022613)

Price History

Date / Event Date Event Price
Sep 19, 2025 Sold
Sold
Aug 13, 2025 In contract -
In contract
Nov 22, 2024 Listed by Christies International Real Estate Group LLC $3,795,000
Listed by Christies International Real Estate Group LLC
Mar 10, 2024 No longer available -
No longer available
Feb 2, 2024 Listed by Keller Williams Realty Group $4,500,000
Listed by Keller Williams Realty Group
Welcome to 5247 Independence Avenue! This extraordinary residence known as the Henry Atherton Villa was once a gathering place for artists, poets, & society notables at the turn of the 20th century. Perched gracefully with views extending over the Hudson River & the Palisades, this property is a mere 15-minute drive from Midtown Manhattan, nestled within the lush historic district of Riverdale & walking distance to the notable Wave Hill Cultural Center & Garden. Constructed in 1830, the home showcases the enduring charm of the Gothic Revival style, complemented by a Colonial Revival addition at the turn of the century. This distinguished residence spans an expansive 10,000 square feet, with 9 bedrooms, 8 baths, expansive lawns, a sunlit solarium, a greenhouse & a veranda offering enchanting river vistas. This historic colonial home is a living piece of history that seamlessly combines the grace of the past with the comforts of the present making it as inviting as it is awe-inspiring.
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Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1853
  • Building Count: 1
  • Floor Count: 3
  • Total Unit Count: 1
  • Residential Unit Count: 1
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 26,550
  • Lot Size Depth Feet: 180
  • Lot Size Frontage Feet: 150
  • Building Depth: 43
  • Building Frontage: 42
  • Gross Building Area: 7,685

    Building Floor Area

  • Residential Building Floor Area: 7,685

    Floor Area Ratio

  • Residential Floor Area Ratio: 1
  • Facilities Floor Area Ratio: 1

Building

  • Building Type: A3
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: Y
  • Proximity Code: 1
  • Extension Code: N

Neighborhood

  • Community District: 208
  • City Council District: 11
  • Historic District Name: Riverdale Historic District
  • Police Precinct: 50
  • Fire Company: E052
  • Health Area: 100
  • Sanitation District Borough: 2
  • Sanitation Subsection: 3D
  • School District: 10

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R1-1
  • Special Purpose District 1: NA-2

Geography

  • Borough Name: BX
  • Borough Code: 2
  • Block: 5939
  • Lot: 450
  • Borough Block Lot: 2059390450

    Address

  • Full Address: 5247 Independence Avenue
  • Zip Code: 10471

Valuation

    Assessments Valuation

  • Assessed Total Value: $262,140
  • Assessed Land Value: $27,420

    Exemptions

  • Exempt Total Value: $0
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 5247 Independence Avenue built and last sold?
The property at 5247 Independence Avenue was built in 1853 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5247 Independence Avenue is $2,828,000.
What are some comparable homes to 5247 Independence Avenue?
There are currently no comparable homes to 5247 Independence Avenue.