| Primary address | 5240 Independence Avenue |
| Neighborhood | Riverdale |
| Zip code | 10471 |
| Borough | Bronx |
| Block & lot | 05942-0275 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 10/04/2017 |
| Purchase price | $3,650,000 |
| Tax class | Register |
| Lot sq. ft. | 20,449 |
| Lot dimensions | |
| Property type | Large Suburban Residence (A3)
|
| Building sqft | 6,036 |
| Building dimensions | |
| Buildings on lot | 1 |
| Stories | 3 |
| Structure type | Unique |
| Building material | C block + brick |
| Exterior wall | Brick/masonry |
| Basement type | Full |
| Garage type | Attached garage |
| Year built | 1940 |
| Year last altered | 2007 |
| Frontage | Independence Avenue (narrow) |
| Nearest wide street | Riverdale Avenue |
| Distance to wide street | Register |
| School district | 10 |
| Community district | 8 |
| Closest police station | 1.24 Miles |
| Closest fire station | 0.59 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
5240 Independence Avenue, Bronx, NY 10471 was built in 1940 and has a total of 6,036 square feet.
What is the assessed value of 5240 Independence Avenue, Bronx, NY 10471 and the property tax paid?Assessed at $348,840, the tax amount paid for 5240 Independence Avenue, Bronx, NY 10471 is $37,224.
When was 5240 Independence Avenue, Bronx, NY 10471 last sold and what was the last sale price?5240 Independence Avenue, Bronx, NY 10471 was last sold in 10/04/2017 for $3,650,000.
How many residential units does this building have?This building has 1 residential unit(s).
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
Create a free account to view the complete sales history for 5240 Independence Avenue, Bronx, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
*Here are the three most recent sales for this property.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 5240 Independence Avenue, Bronx, NY 10471. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2026-2027 |
| Property tax: | $37,225 |
| Tax assessor's market value: | $5,814,000 |
| Assessed value: | $348,840 |
Here's the assessment & property tax history for 5240 Independence Avenue, Bronx, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $5,653,000 | $339,180 | $177,727 | 19.843% | $35,266 | $35,266 | +4.72% |
| 2024/25 | $4,744,000 | $284,640 | $167,668 | 20.085% | $33,676 | $33,676 | 0.00% |
| 2023/24 | $4,090,000 | $245,400 | $167,668 | 20.085% | $33,676 | $33,676 | +1.90% |
| 2022/23 | $3,704,000 | $222,240 | $162,720 | 20.309% | $33,047 | $33,047 | +5.89% |
| 2021/22 | $3,007,000 | $180,420 | $156,331 | 19.963% | $31,208 | $31,208 | +0.13% |
The complete history of permits filed for 5240 Independence Avenue, Bronx, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Riverdale so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Riverdale and compare it to other neighborhoods in Bronx.
Check out recently sold homes in Bronx and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
|
Distance to Subway
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Closest station | Broadway & 242nd St at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | 1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.977 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance (miles) |
|---|---|---|---|---|---|---|
| P.S. 81 Robert J Christen | 9 | Yes | Public | K-5 | 672 | 0.34 |
| Salanter Akiba Riverdale Academy | NR | No | Private | PK, K-8 | 0 | 0.15 |
| Salanter Akiba Riverdale Academy | NR | No | Private | PK, K-8 | 0 | 0.15 |
| Horace Mann School | NR | No | Private | PK-12 | 1,786 | 0.33 |
| Horace Mann School | NR | No | Private | PK-12 | 1,786 | 0.33 |
| 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 | 0.91 |
| Salanter Akiba Riverdale Academy | NR | No | Private | PK, K-8 | 0 | 0.15 |
| Horace Mann School | NR | No | Private | PK-12 | 1,786 | 0.33 |
| St Margaret of Cortona School | NR | No | Private | PK-8 | 246 | 0.33 |
| Riverdale Country School | NR | No | Private | PK-12 | 1,168 | 0.51 |
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance (miles) |
|---|---|---|---|---|---|---|
| Horace Mann School | NR | No | Private | PK-12 | 1,786 | 0.33 |
| Yeshiva Ohavei Torah Of Riverdale | NR | No | Private | 9-12 | 81 | 0.33 |
| Yeshiva Of The Telshe Alumni | NR | No | Private | 9-12 | 97 | 0.33 |
| Riverdale Country School | NR | No | Private | PK-12 | 1,168 | 0.51 |
| Sar High School | NR | No | Private | 9-12 | 536 | 0.52 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 5240 Independence Avenue, Bronx, NY 10471.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 5270 Independence Ave, Bronx | 6,628 | 04/23/2026 | |
| 5280 Independence Ave, Bronx | 3,000 | 09/19/2014 | $1,275,000 |
| 640 W 254th St, Bronx | 3,724 | 04/08/2024 | $1,615,000 |
| 5255 Blackstone Ave, Bronx | 3,136 | 04/18/2006 | |
| 645 W 252nd St, Bronx | 4,836 | 01/30/2020 | $2,437,500 |
| 5221 Arlington Ave, Bronx | 3,092 | 05/16/2022 | $2,300,000 |
| 636 W 254th St, Bronx | 4,096 | 01/23/2025 | $1,500,000 |
| 630 W 254th St, Bronx | 3,500 | 12/09/2020 | |
| 639 W 252nd St, Bronx | 3,596 | 11/18/2020 | $2,075,000 |
| 5231 Arlington Ave, Bronx | 2,530 | 05/26/1987 | |
| 4959 Henry Hudson Pkwy, Bronx | 2,646 | 06/21/2016 | $1,630,000 |
| 5225 Arlington Ave, Bronx | 2,975 | 09/11/1991 | |
| 5235 Arlington Ave, Bronx | 2,538 | 02/03/2016 | $1,140,000 |
| 5247 Arlington Ave, Bronx | 3,592 | 03/01/2012 | $1,886,000 |
| 5264 Independence Ave, Bronx | 14,197 | 08/15/2019 | $1,742,500 |
| 5245 Blackstone Ave, Bronx | 4,938 | 11/18/1997 | |
| 5235 Blackstone Ave, Bronx | 2,648 | ||
| 5220 Independence Ave, Bronx | 2,700 | 06/22/2021 | $2,550,000 |
| 633 W 252nd St, Bronx | 1,860 | 08/15/1995 | |
| 5295 Arlington Ave, Bronx | 3,408 | 08/29/2003 | $1,280,000 |