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Riverdale

Riverdale
Bronx, NY 10471
Retail, Residential, Leasing/Rental, Multifamily

Riverdale is a neighborhood in the northwest portion of the Bronx and the northernmost point in New York City. Its residents tend to be affluent, in sharp contrast to those of other Bronx neighborhoods to the south and east. Riverdale is bordered by the city of Yonkers in Westchester County and the Hudson River. Major Deegan Expressway and Van Cortlandt Park and the minimal presence of the New York City subway system, except for the lone 1 train line connection, create a sense of separation from the city. A private homeowners association similar to a Manhattan cooperative controls Fieldston, a development of turn-of-the-century suburban historic mansions. Kingsbridge and North Riverdale are micro-neighborhoods one step down from Fieldston on the gradation of wealthy enclaves and contain multi-family apartment buildings as well as smaller single-family homes. Much of the neighborhood is landmarked as historical districts, including the 250 houses of Fieldston. Three top-tier private schools are located in the neighborhood, Horace Mann School, Riverdale Country School, and Ethical Culture Fieldston School. -TA

  • Address Riverdale
  • neighborhood Riverdale
  • borough Bronx
  • Event Financing
  • Address 6200 Riverdale Avenue
  • Neighborhood Riverdale
  • Borough Bronx
  • Square feet 62,601
  • Price $ 3,000,000
  • Publication Date 05/15/2018
  • Event Date 05/08/2018
  • Party 1 6200 Riverdale Avenue Corp.
  • Party 2 National Cooperative Bank
notes
A $3 million first mortgage and a $250,000 line of credit were arranged for the cooperative in Riverdale.
  • Event Financing
  • Address 5601-5625 Riverdale Avenue
  • Neighborhood Riverdale
  • Borough Bronx
  • Square feet 150,700
  • Price $ 2,250,000
  • Publication Date 03/07/2018
  • Event Date 03/15/2018
  • Party 1 5601 Riverdale Owners Corp.
  • Party 2 National Cooperative Bank
notes
A $2 million first mortgage and a $250,000 line of credit were arranged for the cooperative for the Riverdale building.
  • Event Financing
  • Address 5601-5625 Riverdale Avenue
  • Neighborhood Riverdale
  • Borough Bronx
  • Square feet 150,700
  • Price $ 2,250,000
  • Publication Date 03/13/2018
  • Event Date 03/15/2018
  • Party 1 5601 Riverdale Owners
  • Party 2 National Cooperative Bank
notes
A $2 million first mortgage and a $250,000 line of credit were arranged for the cooperative for the Riverdale building.
  • Event Retail Leasing
  • Address 5923 Riverdale Avenue
  • Neighborhood Riverdale
  • Borough Bronx
  • Square feet 1,000
notes
The cell phone provider inked a 10-year lease.
  • Event Sales
  • Address 482-510 Riverdale Avenue
  • Neighborhood East New York
  • Borough Brooklyn
  • Square feet 36,000
  • Price $ 8,000,000
notes
The buyer acquired the vacant walkups for $8 million.
  • Event Sales
  • Address 3210 Riverdale Avenue
  • Neighborhood Kingsbridge
  • Borough Bronx
  • Square feet 93,600
  • Price $ 26,700,000
  • Price per foot $ 285.26
  • Publication Date 06/01/2016
  • Event Date 05/18/2016
  • Party 1 KABR Group
  • Party 2 Benjamin Hadar 
notes
The property sold for $26.7 million.
  • Event Office Leasing
  • Address 3174 Riverdale Avenue
  • Neighborhood Kingsbridge
  • Borough Bronx
  • Square feet 868
  • Publication Date 07/01/2016
  • Event Date 05/15/2016
  • Party 1 LAL Property Management
  • Party 1 Brokerage KZA Realty Group
  • Party 1 Broker Gina Watson
  • Party 2 Conway Marine
notes
The contractors signed a lease.
  • Event Office Leasing
  • Address 3174 Riverdale Avenue
  • Neighborhood Kingsbridge
  • Borough Bronx
  • Square feet 706
  • Publication Date 07/01/2016
  • Event Date 05/15/2016
  • Party 1 LAL Property Management
  • Party 1 Brokerage KZA Realty Group
  • Party 1 Broker Gina Watson
  • Party 2 Bereshit Lifestyle Center
notes
The medical center signed a lease.
  • Event Sales
  • Address 231, 251, 355, 376, 401 Chester Street 350 Bristol Street 167, 170 Riverdale Avenue 436 Livonia Avenue
  • Neighborhood Midtown
  • Borough Brooklyn
  • Price $ 98,600,000
  • Publication Date 02/01/2015
  • Event Date 12/18/2014
  • Party 1 DeMatteis Organizations
  • Party 2 L+M Development and Housing Partnership Development Corporation
  • Event Retail Leasing
  • Address 417 Riverdale Avenue
  • Neighborhood Spuyten Duyvil
  • Borough Bronx
  • Square feet 1,850
  • Publication Date 02/01/2013
  • Event Date 12/18/2012
  • Party 1 SRB Properties
  • Party 1 Broker Lou Klein
  • Party 2 Oaks Pharmacy
  • Party 2 Broker Lou Klein
notes
The drugstore signed a lease.
  • Event Sales
  • Address 482-510 Riverdale Avenue
  • Neighborhood Brownsville
  • Borough Brooklyn
  • Price $ 4,170,000
  • Publication Date 09/01/2012
  • Event Date 07/18/2012
  • Party 1 Broker Agustin Pena
  • Party 2 Brokerage Berko & Associates
  • Party 2 Broker Agustin Pena

08/18/2017
231st Street, site of Riverdale’s Frances Schervier Home and Hospital...

05/30/2017
Terhi Edwards, Elliman’s executive manager of sales for the Bronx, said the company was building up a stronger presence in the borough. They currently have two offices in Riverdale and plan to open a third in June to keep up with growing demand and an inventory shortage, she said...

09/01/2015
Prices have shot up from a borough-wide average of $35 per square foot to $50 per square foot. In areas like Riverdale, which some see more as an extension of Manhattan, land prices can top $80 per square foot...

12/01/2013
This way, they dodge an owner’s income tax. When sponsors or others rent, they usually offset all of their expenses of holding the rental units against the rental income received. As a result, they usually only pay tax on the difference between their rental income and their costs, said attorney David Berkey, who represented residents of a Riverdale, Bronx co-op in a landmark 2002 case...

12/01/2010
Agent tallies don't tell the entire story of the Bronx landscape. Residential sales in one area yield a far different payout than other areas do because the homes are so much more expensive. In other words, when it comes to Bronx real estate, there's Riverdale and there's everywhere else...

04/01/2007
In the Bronx, the best homes and blocks are clustered in the exclusive, suburban Riverdale area, particularly in the tony Fieldston enclave...