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 Riverdales 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.
This single family home located at 5501 Palisade Avenue, Bronx, NY 10471 is currently listed for sale with an asking price of $4,988,888. This property was built in 1901 and with 3387 sq. ft. Palisade Avenue is located within the City of New York school district. Search Bronx real estate on www.laffey.com today.
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Estimated Payment$ 24,502.74 per month $20,939.98 Principal & Interest $2,107.67 Property Tax $1,455.09 Homeowner's Insurance
Agency Name: Brown Harris Stevens
Agency Contact: 718-878-1700
Agency Title: Laffey Real Estate