Breathtaking sunsetsUnobstructed western viewsOverlooking the hudson river
Create your dream home on one of Riverdale's most extraordinary remaining lots. Situated on approximately 32,450 square feet, 5505 Palisade Avenue (Lot #2) presents a rare opportunity to build a custom luxury residence overlooking the Hudson River. With unobstructed western views and breathtaking sunsets, this exceptional property offers an unparalleled setting that combines natural beauty, privacy, and convenience.
Located in one of Riverdale's most prestigious neighborhoods, the property is just minutes from Metro-North, express buses, and major parkways, providing an easy commute to Manhattan while enjoying the tranquility of a private riverfront setting. Opportunities to build a new custom home with panoramic Hudson River views in New York City are exceedingly rare, making this a truly once-in-a-generation offering.
Much of the development work has already been completed, significantly shortening the timeline to begin construction. The Site Plan review has been completed by all relevant New York City and New York State planning and environmental agencies, including Site Plan and SNAD approvals, as well as approved sewer connection and stormwater management plans. The approved Site Plan allows for the construction of a two-story residence with a basement ranging from approximately 2,000 to 6,200 square feet.
The property can be delivered with preliminary conceptual plans for an approximately 6,000-square-foot luxury residence, including floor plans, elevations, and architectural renderings that showcase the remarkable potential of the site. Following closing, construction could begin within just a few months upon submission of final architectural and construction drawings to the New York City Department of Buildings.
Whether you envision a striking contemporary masterpiece or a timeless custom home, this exceptional property offers the opportunity to create a legacy in one of New York City's most coveted residential neighborhoods. Please note that this offering is for the vacant lot only. All renderings, floor plans, and conceptual drawings are provided solely to illustrate the property's potential.
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Zillow last checked:
Listing updated:
Listed by:
Douglas Elliman Real Estate718-884-5815,
Ari Susswein914-450-9665
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1024242
Facts & features
Property
Lot
Size: 0.74 Acres
Details
Parcel number: 059330038
Special conditions: None
Utilities & green energy
Sewer: Public Sewer
Community & HOA
Location
Region: Bronx
Financial & listing details
Annual tax amount: $7,154
Date on market: 7/17/2026
Cumulative days on market: 11 days
Listing agreement: Exclusive Right To Sell
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/17/2026
Listed for sale
$1,890,000
Source: OneKey® MLS as distributed by MLS GRID #1024242Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.