5501 Palisade Ave, Bronx, NY 10471
FOR SALE

5501 Palisade Ave
Bronx, NY 10471

Riverdale
  • 5 Beds
  • 5 Baths
  • 4,000 sqft
  • 5 Beds
  • 5 Baths
  • 4,000 sqft

$1,950,000

Est. Mortgage $11,948/mo*
We estimate this home will sell faster than 89% nearby.

Local Information

map showing home location
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Commute Destination

Description

Embrace the unique opportunity to design and build your dream home on this remarkable 20,000 sq ft (Lot 2) lot overlooking the majestic Hudson River, in the heart of Riverdale. This vacant lot offers stunning unobstructed westward views that capture the enchanting sunsets of New York City, this property offers an exceptional canvas for your architectural vision. Whether enjoying a nice cup of coffee or swimming in your pool, every day will feel like a vacation.
Conveniently situated just steps away from the Metro North and accessible to public transportation, this location seamlessly blends serene riverfront living with urban convenience. There is not property like this where you can create a one-of-a-kind sanctuary that harmonizes with the breathtaking natural surroundings while being in close proximity to the vibrant heart of NYC.
The attached renderings serve as design inspiration, providing a glimpse into the endless possibilities that await. This listing is for the vacant lot only, award winning builder is ready to help create your dream home for additional cost. Don't miss out on the chance to make your dream home a reality – inquire today for pricing and further details.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$488
Listed
32 days ago
Listing by: Douglas Elliman, (914) 450-9665

Home Details for 5501 Palisade Ave

Days on Market

Days on Market: 32 Days on Trulia

Property Information

Year Built
Year Built: 1901
Property Type / Style
Property Type: Single Family Home

Price & Status

Price
Price Per Sqft: $488

Agent Information

Listing Agent
MLS/Source ID: 22715483

Community

Units in Building: 2

Price History for 5501 Palisade Ave

DatePriceEventSource
03/27/2024$1,950,000Listed For SaleStreetEasy #22715483
03/08/2024$1,950,000ListingRemovedStreetEasy #22715483
10/05/2023$1,950,000Listed For SaleStreetEasy #22715483
12/01/2022$3,300,000Sold
OneKey® MLS #H6146887
08/18/2022$4,988,888PendingStreetEasy
10/14/2021$4,988,888Listed For SaleStreetEasy
10/04/2021ListingRemovedStreetEasy
06/25/2021$5,495,000PendingStreetEasy
09/30/2020$5,495,000Listed For SaleAgent Provided
07/08/2020$5,900,000ListingRemovedAgent Provided
11/02/2019$5,900,000PriceChange
Agent Provided
07/03/2019$6,900,000Listed For SaleAgent Provided
09/14/2016$3,200,000ListingRemovedAgent Provided
08/15/2016$3,200,000Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2023
Tax
Assessment$2,520,000
Home facts updated by county records

Comparable Sales for 5501 Palisade Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.40
Single-Family Home
$1,199,999
07/14/23
4
3
3,452
0.94
Single-Family Home
$3,200,000
06/08/23
5
5
3,736
0.26
Single-Family Home
$1,990,000
02/29/24
5
4
-
0.88
Single-Family Home
$1,825,000
06/08/23
5
6
3,439
0.49
Single-Family Home
$962,500
12/29/23
4
3
2,570

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Riverdale

  • Bdrybala
    "There are many families with children. People are kind and look out for each other. There are a lot of local family-friendly activities, if that is something you’d like to do."
    1
    Flag
  • Awise0943
    "Clean streets from the neighborhood communicate with tented make sure that it’s no gang activity going on "
    0
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  • Doug
    "Safe lots of parks great elementary school nice smallish town feel but so so middle school and poor high school "
    1
    Flag
  • Trulia User
    "Is a great place to live the area is nice and clean you don’t see bad things going on yes everywhere you see bad things but this is a excellent area to live at "
    0
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  • Trulia User
    "The best neighborhood for growing your kids a lot of parks and they all safe to bring your kids there "
    4
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  • Trulia User
    "I do not own a dog but I see people walking their dogs all the time. Most of them pick up their dogs' poop. But I see some exceptions too. "
    0
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  • Trulia User
    "I would like to live here I work and be around wonderful people and have a good management and Security are around me"
    0
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  • Trulia User
    "Dogs be chillin here they’re always welcome in Van Cortlandt cats too and I don’t know about birds but maybe them too"
    0
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  • Trulia User
    "Great access to public transportation in this neighborhood, I don’t take it, I drive. There are bus stops everywhere. There’s also good parking pretty often. There’s lots of street parking on the main avenue and then there is residential parking. "
    0
    Flag
  • Trulia User
    "Lots of activities to participate in such as fireworks, orchestra concerts, trails to explore, tours, etc."
    0
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  • Trulia User
    "nice area to raise kids. no problems!!! country setting in the city. it's nice and it's getting better"
    0
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  • Trulia User
    "Decent neighborhood from what I can tell. The park is a great convenience. Commuter friendly. fair place to visit"
    0
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  • Trulia User
    "Lots of friendliness and familiarity between dog owners. Great dog run at seton park. Many people bring their dogs on the trails at riverdale park. "
    1
    Flag
  • Trulia User
    "many convenient stores and public transportation everywhere. there's many restaurants to pick and the parks are safe. parking is an issue "
    0
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  • Trulia User
    "its not what it used to be. crime and outside are turning the place unsafe. The new area mall. plaza is extremely crowded, not enough parking for everyone."
    0
    Flag
  • Trulia User
    "I have lived in the surrounding neighborhood and area for over 18 years and is decent place more so for transportation purposes."
    2
    Flag
  • Trulia User
    "Owners love walking their dogs in this area because it's just a nice area. People are animal friendly"
    1
    Flag
  • Lemuel Figueroa
    "It’s a friendly neighborhood . But like any part of New York you have to be careful . There is a lot of stores and eateries . It’s has nice parks in the area"
    0
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  • Trulia User
    "The people and the restaurants, having everything close to your convenance. This neighborhood has changed. "
    3
    Flag
  • Trulia User
    "It’s a good neighborhood and pet friendly. Good schools and family friendly. Lots of great restaurants and park is nearby. "
    0
    Flag
  • Trulia User
    "I am very close to the bus stop which brings me right to the 1 line, this line then gives you access to all the other subway lines into Manhattan and other boroughs."
    0
    Flag
  • Trulia User
    "My commute I feel that is very Convenient with access to public transportation. There is a lot of options. Many Buses and train close by. "
    0
    Flag
  • Trulia User
    "Beautiful neighborhood to live in. Variety of paths to walk and parks for babies. The neighbors are friendly and parking isn’t too bad "
    0
    Flag
  • Trulia User
    "Great schools. Very safe neighborhood. Beautiful outdoor spaces from Seton park to Wave Hill to everything in between. Convenient yet with a small town feel. "
    1
    Flag
  • Trulia User
    "I live the area. Has everything you need close by: churches, schools, colleges, supermarkets (lots), big box stores, parks, all kinds of restaurants, daycare, transportation, car rentals, banks, laundry mats, etc. "
    0
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  • Trulia User
    "i lived here for 3 years. The people were nice, shops were interesting and restaurants were good. There was decent street parking, but mist buildings have a private solution."
    3
    Flag
  • Trulia User
    "It’s a nice place to live. Good schools, quiet, and plenty of outdoor fun make Riverdale NY’s best kept secret."
    7
    Flag
  • Trulia User
    "it's a very quiet community! safe with friendly people. supe clean and organized, also what I love is all the little shops and restaurants around. it can make you life a lot easier.... "
    0
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  • Trulia User
    "Awesome things include Great Schools Little League Soccer Hiking Farmers Market Good Mix if Mom and Pop Shops as well as notable chains like Starbucks. "
    0
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  • Trulia User
    "It’s very social neighborhood. Most buildings are pet friendly and people pick up after their pets. They maintain the areas very clean. Lots of places to eat and most are within walking distance. Public transit is close -by to most areas. There are lots of park and schools nearby also. Everything is near to one’s residence and there are convenient bus stops outside of most buildings also. "
    1
    Flag
  • Trulia User
    "There are a lot of activities because of the park. The pool is a big reason and there are a bunch of really good restaurants "
    0
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  • Trulia User
    "I love the community I live in. It’s safe, quiet, clean, and neighborly. It meets all my needs and had everything nearby. Groceries, restaurants, parks, mini malls, gym, etc. "
    0
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  • Trulia User
    "It’s an amazing neighborhood with friendly people. The residents in the community are friendly and care about helping each other. They are always willing to provide referrals for health, wellness and financial resources to accommodate newcomers."
    1
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  • Trulia User
    "It’s a very walkable neighborhood, which tends to lead to many hellos and friendly interactions. People don’t shy away from familiarity here. "
    0
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  • Trulia User
    "Congested at times but often times you will find a seat on the bus or train............................"
    0
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  • Patricia W.
    "There is trick or treating, a farmers market, synagogue tag sales runners club, little turnover of apartments. "
    4
    Flag
  • Emy T.
    "My neighborhood has great access to the Metro North, Express Buses, and buses to Subway. You can also walk for about 30 minutes if you choose for the Subway, if you prefer that to taking buses to it or taking the Metro North. "
    10
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  • Elizabeth.rich.facundo
    "The closest thing to the suburbs into the city. Everyone is friendly in the small town is great. I’m happy I moved here but still have access to everything in the outskirts"
    11
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  • Albert R.
    "Near Manhattan. Great parks near by. Dog friendly. Amazing neighbors. Quiet. I love living here. This is the suburbs of New York City. "
    2
    Flag
  • PauLot9
    "The community is quiet and very pleasant. Name it, we have it here. Near trains, near groceries, restaurants etc."
    2
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LGBTQ Local Legal Protections

Ari Susswein - Licensed Real Estate Salesperson, Douglas Elliman
5501 Palisade Ave, Bronx, NY 10471 is a 5 bedroom, 5 bathroom, 4,000 sqft single-family home built in 1901. 5501 Palisade Ave is located in Riverdale, Bronx. This property is currently available for sale and was listed by StreetEasy on Mar 27, 2024. The MLS # for this home is MLS# 22715483.