Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $7,000,000

Listed at $7,250,000 · Sold 3.4% below asking · Closed March 5, 2024

$7,250,000

$563 per sq ft

700 W 247th Street

Riverdale, Bronx

700 West 247th Street

MLS® #RLS10938036

RLS at REBNY

Listing by Sothebys International Realty

6

Bedrooms

4.5

Baths

12,870

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 6
Bathrooms 7 full, 3 half
Living Area 12,870 sq ft
Lot Size 38,586 sq ft
Year Built 1920
Ownership None
Property Taxes $45,336/yr
Parking Garage
Neighborhood Riverdale

Property Highlights

  • Views: Park Greenbelt
  • Exposure: East,North,South,West facing
  • Outdoor Space: Building Terrace, Terrace, Balcony

Property Details

Type Single Family Residence
Ownership None
Total Rooms 15
Baths 4 Full, 3 Half
View Park Greenbelt
Exposure East,North,South,West
Cooling Central Air
Pets Yes
Year Built 1920
Living Area 12,870 sq ft
Parking Garage Available
Architectural Style Prewar
Structure Type Townhouse
Furnished Unfurnished
Lot Size 38,586 sq ft
Parcel # 05926-0280
Block/Lot 05926/0280

Listing History

Event Date Price Change
Listed May 18, 2023 $7,250,000 -
Currently May 5, 2026 $7,250,000 -

Description

Unique opportunity to acquire an exquisitely renovated 1920’s Georgian residence in mint condition, located in the sought-after Estate Area of Riverdale. The house includes five bedrooms plus sitting room, four full baths, three half baths, an elevator, a palatial indoor swimming pool, six-car garage, separate one-bedroom guest house, garden shed, gazebo, and pergola, all elegantly sited on over 1.5 acres of private, secluded, and professionally landscaped grounds. Comprised of over 12,000 SF of interior area, this impressive compound includes a second contiguous lot which is protected from future development by a covenant in the deed. The house was designed by award-winning architect Dwight James Baum who lived in Riverdale and designed many other prominent homes in the vicinity. It was originally built on the 26-acre estate of William E. Dodge who founded the Phelps Dodge Corporation. It is sited a comfortable distance from Dodge’s own mansion called Greyston which was designed in 1863 by James Renwick Jr., the architect of St. Patrick’s cathedral. The current owners have tastefully preserved Dwight J. Baum’s elegant architectural masterpiece while updating all mechanical equipment and systems to suit a modern lifestyle. They embellished an earlier landscape plan made by Olmsted Brothers Landscape Architects (sons of legendary Frederick Law Olmstead) by adding an indoor swimming pool, patios, terraced lawns, and several outdoor garden rooms. The landscape abounds with established plantings including a magnificent 200-plus-year-old copper beech tree. Several priceless water sculptures complete the garden composition. A remote-controlled iron gate with stone piers at the roadway’s edge leads to an elegant paved drive and a walled semi-circular motor court where a grand double-height entrance portico welcomes the visitor. An interior foyer leads to a large gallery with carpeted staircase, living and dining rooms on either side in classic Georgian style, and a view ahead to a covered patio and the elegant gardens beyond. Walls of windows facing the motor court, and French doors facing the garden flood these elegant rooms in natural light. Beyond the living room a den / music room with wet bar and full-height south and west-facing windows with motorized shades is a perfect retreat for intimate gatherings. A wood-paneled library offers a private oasis. Wide-plank hardwood floors, five working wood-burning fireplaces, and state of the art museum lighting enhance these perfectly proportioned rooms. A large eat-in kitchen with vaulted ceilings, skylight, and white marble counter tops will satisfy the most discerning chef, containing two dishwashers, two sinks, two refrigerators, two microwave ovens that can convert to conventional ovens, a steam oven, and separate pantry and laundry area. An automatic elevator serves the first and second floors, and a secondary staircase connects all four floors. An indoor pool room with jacuzzi, working wood-burning fireplace, 20’ ceilings, and surrounding walls of double-height windows offer panoramic views of the private gardens beyond. A second-floor grand master bedroom suite with sitting room and kitchenette is adjoined by a generous skylit master bath with double shower, double sinks, soaking tub, WC and urinal. Four more bedrooms, a sitting room, and three more baths complete the second-floor layout. A balcony facing west offers picturesque sunset views over the garden below. A generous finished third-floor attic with dormer windows offers ample storage and the potential for more bedrooms, a family room, or den. A finished basement includes state-of-the -art mechanicals, workshop, wine cellar, playroom, half bath, and pool shower. A separate guest house offers an additional bedroom, bath, and full kitchen.

Features & Amenities

Interior Features

Den Entrance Foyer Eat In Kitchen Elevator Kitchen Window Storage Common On Floor Common Area Laundry Room In Unit Fireplace (1)

Exterior Features

Building Garden Balcony Building Balcony Garden Building Terrace Terrace Balcony

Appliances

Dishwasher

Building Information

Building 700 West 247th Street
Building Data View Compliance & Permits
Total Units 1
Stories 2
Structure Townhouse
Style Prewar

Financial Details

RE Taxes $45,336/yr ($3,778/mo)
Sale Price $7,000,000

Riverdale is structured by historic brick rowhouses and multi-story apartment complexes. The neighborhood is connected by several subway lines, providing easy transit access. Key natural features include large local parks, while established commercial avenues serve as important landmarks.

Riverdale Live Market Data

View Neighborhood

Active Listings

18

Median Asking Price

$377K

Median $/Sqft

$388

Avg Days on Market

N/A

New This Week

3

Price Reduced

33%

Sold (30 Days)

0

Median Sale Price

$309K

Live data from RLS at REBNY • Updated 5/5/26, 7:55 AM EST

Recently Sold in Riverdale

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Location

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700 W 247th Street, Riverdale, Bronx County

Virtual Tour

Floor Plans

Floor Plan 1
Floor Plan 2
Floor Plan 3
Floor Plan 4

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
2
Floors
1
Residential Units
R1-1
Zoning District
One Family Dwellings

Tax & Assessment

Assessed Value: $449,280
Land Value: $78,840
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 38,586 SF
Building Area: 7,242 SF
Built FAR: 0.19
Allowed FAR: 0.75

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $45,336, or roughly $3,778 per month. Verify the current assessment with your attorney before closing.

This property has 6 bedrooms and 4 full bathrooms and 3 half bathrooms.

The listed interior living area is 12,870 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1920, making it approximately 106 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $7,250,000 for 12,870 sq ft, the asking price per square foot is approximately $563. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10938036
First Listed: 5/18/2023
On Market: 5/18/2023
Price Changed: 5/18/2023
Closed: 3/5/2024
Contract Date: 5/18/2023

Listing Courtesy of Sothebys International Realty - Fred Williams

Listing Contact: (212) 606-7737

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 5/5/2026 at 11:55 AM UTC

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