New York City » 10471 » Independence Ave » 5020 Independence Ave

5020 Independence Avenue, Bronx, NY 10471 - Property report

Also known as: 5020 Rear Independence Ave

Property image for 5020 Independence Avenue, Bronx, NY 10471

Property type

Large Suburban Residence (A3)

Year built

1899

Lot sq. ft.

33,790

Sale price

$4,325,000

General information

Address

Primary address

5020 Independence Avenue

Alternate address(es)

5020 Rear Independence Ave
5020 Bingham Rd

ZIP code

10471

Neighborhood

Riverdale

Borough

Bronx

Block & lot

05940-0538

Building

Property type

Large Suburban Residence (A3)

Building sq. ft.

6,072

Building dimensions

46 ft x 66 ft

Buildings on lot

Stories

Year built

1899

Building material

Other

Exterior wall

Stucco

Basement

Sales

Sale date

09/30/2020

Sale price

$4,325,000

Tax

Tax year

2026-2027

Property tax

$42,661

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Blackstone Avenue (narrow)

Nearest wide street

Henry Hudson Parkway

Distance to wide street

Lot dimensions

155.42 ft x 298.75 ft

Lot sq. ft.

33,790

Area overview

Walk score

57 /100. Somewhat Walkable

Transit score

64 /100. Good Transit

Bike score

30 /100. Somewhat Bikeable

School district

Community district

Closest police station

1.12 Miles

Closest fire station

0.47 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 5020 Independence Avenue, Bronx, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 5020 Independence Avenue, Bronx, NY 10471

Sale date	Sale price	Buyer name	Seller name
09/30/2020	$4,325,000	XXX XXX XXXXXXXXXXX XXX	XXXXXX, XXXX XXX XXXXXX, XXXXX
09/25/2007	$4,500,000	XXXXXX, XXXX XXX XXXXXX, XXXXX	XXXXXXXXX, XXXXXXX X XXX XXXXX, XXXXXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
10/27/2020 - R 10/22/2020 - D	Satisfaction of Mortgage (2020102300826001)	XXXXXX XXXX	XXXXXXX XXXXXX XXXX
10/17/2020 - R 10/09/2020 - D	Satisfaction of Mortgage (2020101300381001)	XXXXXX XXXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
10/09/2020 - R 09/30/2020 - D	Deed (2020100100546001)	XXXXXX XXXX	XXX XXX XXXXXXXXXXX XXX
05/10/2018 - R 05/08/2018 - D	Assignment, Mortgage (2018051000060001)	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX	XXXXXXX XXXXX XXX
04/18/2017 - R 03/23/2017 - D	Assignment, Mortgage (2017041200456001)	XXXXXXX XXXXXX XXXX	XXXX XX XXXXXXX
04/18/2017 - R 03/22/2017 - D	Agreement (2017041200456002)	XXXXXX XXXX	XXXX
04/18/2017 - R 02/23/2017 - D	Subordination of Mortgage (2017041200456003)	XXXXXXX XXXXX XXX	XXXXXXX XXXXX XXX
06/24/2013 - R 06/04/2013 - D	Assignment, Mortgage (2013060600897001)	XXXXXXX XXXXXX XXXX	XXXXXXX XXXXX XXX
06/24/2013 - R 06/04/2013 - D	Assignment, Mortgage (2013060600875001)	XXXXXXX XXXXXX XXXX	XXXX XXX
04/16/2013 - R 02/11/2013 - D	Satisfaction of Mortgage (2013032200602001)	XXXXXX XXXX	XXXXXXXX XXXXX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5020 Independence Avenue, Bronx, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$42,661

Municipal exemptions

Recent tax assessments

Market value

$6,120,000

Assessed value

$367,200

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$5,527,000	$331,620	$214,991	19.843%	$42,661	$42,661	+1.62%
2024/25	$4,638,000	$278,280	$209,018	20.085%	$41,981	$41,981	+5.00%
2023/24	$4,010,000	$240,600	$199,066	20.085%	$39,982	$39,982	+3.67%
2022/23	$3,947,000	$236,820	$189,907	20.309%	$38,568	$38,568	+7.83%
2021/22	$3,650,000	$219,000	$179,159	19.963%	$35,766	$35,766	-5.14%
2020/21	$4,032,000	$241,920	$179,159	21.045%	$37,704	$37,704	+2.26%
2019/20	$4,157,000	$249,420	$174,182	21.167%	$36,869	$36,869	+6.24%
2018/19	$4,867,000	$292,020	$165,888	20.919%	$34,702	$34,702	+7.57%
2017/18	$3,443,000	$206,580	$158,256	20.385%	$32,260	$32,260	+8.09%
2016/17	$3,198,000	$191,880	$149,299	19.991%	$29,846	$29,846	+2.23%

Permits

Permit information for 5020 Independence Avenue, Bronx, NY

Filing date	Job type	Job status	Job description	Initial cost
09/23/2021	Alteration
08/22/2021	Alteration
05/21/2021	Alteration
05/12/2021	Alteration
03/10/2021	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

NorthRiverdale, Fieldston, Riverdale residential market stats

Access a detailed real estate market overview of NorthRiverdale, Fieldston, Riverdale so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in NorthRiverdale, Fieldston, Riverdale and compare it to other neighborhoods in Bronx.

Median sale price

—

Median price/sq. ft.

—

Bronx median sale price

$352,500

13.7% Y-o-Y

Check out recently sold homes in Bronx and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Broadway & 242nd St at NW Corner

Station lines

Distance (miles)

0.895

View subway map

Access the detailed traffic volume map for 5020 Independence Avenue, Bronx, NY 10471 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 81 Robert J Christen	9	Yes	Public	K-5	672	0.42
St Margaret of Cortona School	NR	No	Private	PK-8	246	0.25
St Margaret of Cortona School	NR	No	Private	PK-8	246	0.25
Horace Mann School	NR	No	Private	PK-12	1,786	0.25
Horace Mann School	NR	No	Private	PK-12	1,786	0.25
Salanter Akiba Riverdale Academy	NR	No	Private	PK, K-8	0	0.27

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Riverdale Kingsbridge Academy (Ms High School 141)	5	Yes	Public	6-12	1,417	0.80
St Margaret of Cortona School	NR	No	Private	PK-8	246	0.25
Horace Mann School	NR	No	Private	PK-12	1,786	0.25
Salanter Akiba Riverdale Academy	NR	No	Private	PK, K-8	0	0.27
Riverdale Country School	NR	No	Private	PK-12	1,168	0.51
Fieldston Middle School	NR	No	Private	6-8	390	0.73
Amber Charter School Kingsbridge	7	No	Charter	K-8	631	1.29
P.S. 37 Multiple Intelligence School	5	No	Public	K-8	456	1.35

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Yeshiva Of The Telshe Alumni	NR	No	Private	9-12	97	0.25
Yeshiva Ohavei Torah Of Riverdale	NR	No	Private	9-12	81	0.25
Horace Mann School	NR	No	Private	PK-12	1,786	0.25
Riverdale Country School	NR	No	Private	PK-12	1,168	0.51
Sar High School	NR	No	Private	9-12	536	0.62
Riverdale Kingsbridge Academy (Ms High School 141)	5	No	Public	6-12	1,417	0.80
International Leadership Charter School	NR	No	Charter	9-12	318	1.26
In Tech Academy Aka Ms High School 368	5	No	Public	6-12	940	1.41
Bronx Theatre High School	5	No	Public	9-12	276	1.49
New Visions Charter High School For Advanced Math	6	No	Charter	9-12	460	1.49

Frequently asked questions

What is the year built for 5020 Independence Avenue, Bronx, NY 10471?

The development at 5020 Independence Avenue, Bronx, NY 10471 was built in 1899.

What is the total square footage of 5020 Independence Avenue, Bronx, NY 10471?

5020 Independence Avenue, Bronx, NY 10471 has a total of 6,072 square feet.

When was 5020 Independence Avenue, Bronx, NY 10471 last sold and what was the sale price?

5020 Independence Avenue, Bronx, NY 10471 was last sold on 09/30/2020 for $4,325,000.

What is the assessed value of 5020 Independence Avenue, Bronx, NY 10471?

5020 Independence Avenue, Bronx, NY 10471 is currently assessed at $367,200.

What are the property taxes for 5020 Independence Avenue, Bronx, NY 10471?

The property taxes for 5020 Independence Avenue, Bronx, NY 10471 total $42,660.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.