It previously was on the market for a total of 413 days.
413 days on Market
Pricing History
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Previous Photos & Floor Plan
Key Details
Est. Monthly Mortgage:
-
Mortgage calculator
Total Est. Monthly Carrying Cost:
$18,189
($5.37/ft2)
Note: the above is based on a down payment of 20% ($660,000),
which is the minimum amount permitted by the building.
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.
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.
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Apartment Amenities
- Wood Burning Fireplace
About 5501 Palisade Avenue
- Single Family
- Built in 1901
- 1 Apartments
- 2 Floors
Building Amenities
- Pre War
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved.
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All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.
CityRealty is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at accessibility@cityrealty.com.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.
CityRealty is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at accessibility@cityrealty.com.
An equal housing opportunity 
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