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Single family home for sale at 5040 Independence Ave, Bronx, NY 10471 | MLS# RLS20024172 | Listing updated on 2026-08-31
Photo 1 of Single family home for sale at 5040 Independence Ave, Bronx, NY 10471 | MLS# RLS20024172 | Listing updated on 2026-08-31
Photo 2 of Single family home for sale at 5040 Independence Ave, Bronx, NY 10471 | MLS# RLS20024172 | Listing updated on 2026-08-31
Photo 3 of Single family home for sale at 5040 Independence Ave, Bronx, NY 10471 | MLS# RLS20024172 | Listing updated on 2026-08-31
Photo 4 of Single family home for sale at 5040 Independence Ave, Bronx, NY 10471 | MLS# RLS20024172 | Listing updated on 2026-08-31
18+
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Street View

$5,850,000

Monthly Est:$29,118

  • Beds Icon9 Beds
  • Beds Icon
    8 Baths
  • Beds Icon17,620sqft

5040 Independence Ave, Bronx, NY 10471

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  • Single Family Residence

  • Built in 1899

  • $-- HOA

  • 1.2 acres lot

  • $332/sq.ft

Description

A Grand Mansion in Historic Riverdale - 5040 Independence Avenue

Commanding over 1.2 acres of prime land in the verdant enclave of Riverdale, the Bronx, 5040 Independence Avenue is a once-in-a-generation offering. This exceptional estate, nestled above the iconic Wave Hill Gardens, is steeped in both architectural significance and presidential heritage as it is located on the very same site that the childhood home of John F. Kennedy once stood when he attended Riverdale Country School.

At the heart of the estate is an awe-inspiring primary mansion spanning approximately 17,620 interior square feet across three expansive floors, with an additional 7,500-square-foot basement offering endless potential for customization. Inspired by the spiraling curves of the Guggenheim Museum, the residence features a dramatic triple-height atrium-a luminous, rotunda-like centerpiece that creates a sense of openness, elegance, and timeless modernity.

With 9 bedrooms, 7 bathrooms, and 2 powder rooms, this grand mansion offers incredible scale and volume for refined living and entertaining. A sprawling sunken living room opens seamlessly onto a generous terrace, part of the estate's 4,500 square feet of terraced outdoor space that embraces the natural beauty of the Hudson River Valley. Complementing this are a formal dining room, large eat-in kitchen that is also complimented by a large adjacent morning terrace, a separate library, media room, and multiple entertaining salons. A 10-car garage adds both functionality and prestige. A separate cottage-ideal for guests, staff, or extended family-offers an additional 2,000 square feet, including 3 bedrooms, 2 bathrooms, and an attached 2-car garage.

This rare and expansive Riverdale property combines the privacy and grandeur of an exclusive country residence with the convenience of proximity to Manhattan-you can get to Midtown Manhattan in under 30 minutes by car, and not much longer via the Metro North or Subway trains. Wave Hill Gardens sits directly west of the property, offering its lush gardens and grounds, art gallery, cultural center, and charming caf for additional respite and enjoyment. Just a few blocks away are the Riverdale Stables and golf course in Van Cortland Park, as the Riverdale Yacht Club and picturesque Hudson River trails, offering a lifestyle rich in recreation, sport, and history.

5040 Independence Avenue is more than a residence-it's a legacy property rooted in American history, surrounded by nature, and designed for both extraordinary living and inspired entertaining.

While 5040 will welcome your own-or your architect's-vision to complete the property, it will be delivered with a Temp Certificate of Occupancy.

Images included have been virtually staged.

  • Houzeo last checked: 2 minutes ago
  • Listing updated: August 31, 2026 at 3:42 pm
  • Listing Provided by: Dustin V Crouse (570) 337-5306 , Erin Boisson Aries (917) 701-7012 | Douglas Elliman Real Estate (212) 891-7000
  • Source: Rebny MLS-NY | MLS#: RLS20024172 Rebny MLS-NY

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    3

  • County

    Bronx County

  • City

    New York

  • Neighborhood

    Bronx

  • Year Built

    1899

  • HOA Fees

    -

  • Finished Area

    17,620 sqft

  • Lot Size

    1.2 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Rebny MLS

  • MLS Number

    RLS20024172

  • Days on Market

    535

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 9

    Bathrooms: 8

Interior

  • Interior Features

    High Ceilings, Smoke Free, Storage, Walk In Closets

  • Exterior Features

    Balcony, Garden, Juliet Balcony, Private Outdoor Space Over60sqft

  • Cooling

    Central Air

  • Appliances

    Dishwasher

Utilities & Energy

  • Pool Features

    Building None

  • Fireplace Features

    Electric

  • Basement

    Other

  • Laundry Features

    Washer Hookup, In Unit

Other Features

  • Subdivision Name

    Estate Area

  • Patio And Porch Features

    Deck, Terrace, Wrap Around, Balcony

Price History

DateEventPrice

05/14/2026

Source: mls_logoRebny MLS-NY #RLS20024172

Price Decreased

$5,850,000 -9.30%

$332/sqft

05/15/2025

Source: mls_logoRebny MLS-NY #RLS20024172

Listed for Sale

$6,450,000

$366/sqft

Nearby Homes

The real estate listing data marked with this icon comes from the IDX program of the RLS at REBNY Listing Service (RLS). Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS") through Nov 01, 2026, 09:00PM. Information deemed reliable but not guaranteed. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 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. Buyer to verify all information. © 2026 The Real Estate Board of New York, Inc. All rights reserved.

Advertising Broker: Derek Greene | The Greene Realty Group

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