Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,300,000

· Closed December 1, 2022

5501 PALISADE Avenue #NA
Looking for something similar?

$3,300,000

$974 per sq ft

5501 PALISADE Avenue #NA

Riverdale, Bronx

MLS® #RLS10812541

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

6

Bedrooms

6.5

Baths

3,387

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 6
Bathrooms 6 full, 1 half
Living Area 3,387 sq ft
Year Built N/A
Parking Garage
Neighborhood Riverdale

Property Highlights

  • Fireplace: Wood-burning or decorative fireplace
  • Parking: Private garage

Property Details

Type Single Family Residence
Total Rooms 12
Baths 5 Full, 1 Half
Pets Yes
Living Area 3,387 sq ft
Parking Garage Available
Parcel # 05933-0038

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

Fireplace

Appliances

Washer Dryer Allowed

Building Information

Total Units 1

Riverdale is an established and verdant neighborhood that offers some of the most impressive natural beauty in New York City. Perched on a ridge overlooking the Hudson River, the area is famous for its grand estates, historic mansions, and lush parks. The real estate market is remarkably varied, featuring everything from palatial single-family homes in Fieldston to luxury high-rise cooperatives and condominiums that offer a tranquil, park-like setting just minutes from Manhattan.

Riverdale Live Market Data

View Neighborhood

Active Listings

15

Median Asking Price

$395K

Median $/Sqft

$438

Avg Days on Market

N/A

New This Week

1

Price Reduced

33%

Sold (30 Days)

1

Median Sale Price

$305K

Live data from RLS at REBNY • Updated 3/23/26, 3:56 PM EST

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Location

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5501 PALISADE Avenue #NA, Riverdale, Bronx County

Floor Plans

Floor Plan
MLS® ID: RLS10812541
First Listed: 10/14/2021
Price Changed: 12/1/2022
Closed: 12/1/2022
Contract Date: 10/14/2021

Listing 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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 7:56 PM UTC

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