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5040 Independence Avenue

Estate Area, Bronx, NY 10471

$5,850,000
  • 20 Rooms
  • 9 Bedrooms
  • 7 Bathrooms / 2 Half
  • 17,620 Sqft

5040 Independence Avenue
Estate Area, Bronx, NY 10471

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Bronx / NY

Single Family HIGHLIGHTS

  • Property Type

    Pre-War Single Family

  • Views

    Other

  • Central AC

    Yes

  • Patio/Porch

    Deck, Terrace, Wrap Around, Balcony

  • Pets Allowed

    Yes

  • Year Built

    1899

  • RE Tax

    $58,884

Listing courtesy of Dustin V Crouse of Douglas Elliman Real Estate.

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.

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  • Bathrooms Total

    8

  • Bathrooms (Full)

    7

  • Bathrooms (Half)

    2

  • Bedrooms Total

    9

  • City Region

    Bronx

  • Living Area

    17,620 Sqft

  • MLS #

    Rls20024172

  • Neighborhood

    Estate Area

  • Pool Features

    Building None

  • Property Type

    Single Family

  • Year Built

    1899

  • Building Features

    Green Building

  • Building Smoke Free

    Yes

  • Laundry Features

    Washer Hookup, In Unit

  • Building Area Total

    17620

  • Entry Level

    1

  • Structure Type

    Townhouse

  • Total Number of Units

    1

  • Total Stories

    3

  • Year Built

    1899

  • Pets Allowed

    Yes

  • Neighborhood

    Estate Area

  • Garage

    Yes

  • Patio and Porch Features

    Deck, Terrace, Wrap Around, Balcony

  • View

    Other

  • Annual Taxes

    $58,884

  • Appliances

    Dishwasher

  • Basement

    Other

  • Cooling

    Yes - Central Air

  • Fireplace

    Yes - 1

  • Fireplace Features

    Electric

  • Interior Features

    High Ceilings, Smoke Free, Storage, Walk-In Closet(s)

  • Total Rooms

    20

in US Dollars

%

Total/Month

  • Principal & Interest
  • Property Taxes (monthly) $4,907

 *The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

5040 Independence Avenue

Location

Nearby Points of Interest

  • Riverdale Garage Door Repair

    Home Improvement, Independent

  • Wave Hill

    Parks

  • Playground

    Parks

  • Cutler, Eliana

    Health Care, Independent

  • Childs, Barrett, H, MD

    Health Care, Independent

Data courtesy of LocalLogic.co

Hudson Hill
Neighborhood

Hudson Hill

Hudson Hill is a residential enclave within the Riverdale section of the northwest Bronx, known for its elevated setting, Hudson River views, historic homes, and proximity to some of New York City’s most significant natural and cultural...

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5040 Independence Avenue

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Last Updated: Jun 30, 2026 at 6:33 PM


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