Discover a rare and exquisite "Gold Coast" estate, nestled in the prestigious Riverdale Historic District-one of the few remaining neighborhoods in NYC where grand homes are surrounded by lush grounds. This property, the Henry L. Atherton Villa at 5247 Independence Avenue, is among just 34 distinguished residences in this historic enclave, where even a young JFK once resided nearby in 1928. Conceived in the mid-19th century as an exclusive "suburban summer community" by affluent businessmen, this magnificent estate showcases a stunning blend of Gothic Revival architecture with refined Colonial Revival enhancements, completed in 1910 and 1914.
Spanning a stately 10, 000 square feet, this impressive home offers 9 bedrooms and 8 bathrooms on a serene 0. 61-acre lot. The exterior preserves its rich historical character with striking features such as two chimneys, gabled slate roofs, elegant Doric columns, and a porte-cochere. Inside, the exquisite original millwork, gleaming hardwood floors, and generous windows exude timeless charm.
Enter through a grand open parlor with a fireplace, once used to greet guests in sophisticated style. The first floor includes a formal dining room, a well-appointed kitchen, and two refined libraries with bay windows and fireplaces. The expansive living room opens through glass doors onto a stunning veranda, offering uninterrupted views of the Hudson River year-round.
The home's split-level staircase leads to 9 well-proportioned bedrooms, thoughtfully arranged for privacy. The second floor features 5 bedrooms, including a luxurious master suite with a river-view terrace. The third floor houses 3 additional bedrooms, perfect for family or guests. Several bedrooms boast wood-burning fireplaces, adding to the home's grandeur. Enjoy breathtaking views of the river and Palisades from the spacious deck and oversized balcony.
The Riverdale Historic District, designated as NYC's 54th historic district by the Landmarks Preservation Commission in 1990, is home to notable attractions such as the Perkins Estate at Wave Hill. This area offers beautifully landscaped parks, winding tree-lined streets, and an array of cafes, restaurants, and top-rated private and public schools. Located just 15 minutes from Manhattan by car, subway, or Metro-North, this exceptional estate provides a seamless blend of historic elegance and modern convenience.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,036,000 | $3,036,000 | $3,036,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $3,008 | $3,008 | $3,008 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,238 | $18,941 | $25,415 |
Total Monthly Payment | $20,371 | $22,074 | $28,548 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.