New York City  »  10471  »  Independence Ave  »  5959 Independence Ave

5959 Independence Avenue, Bronx, NY 10471 - Property report

Also known as: 5959 Independence Ave

Property image for 5959 Independence Avenue, Bronx, NY 10471
static Mapbox map

Property type

Nursing Home (I6)

Year built

1971

Lot sq. ft.

199,525

General information

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Address
Primary address
5959 Independence Avenue
ZIP code
10471
Neighborhood
North Riverdale
Borough
Bronx
Block & lot
05955-0540

Owner

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Building
Property type
Nursing Home (I6)
Building sq. ft.
17,880
Building dimensions
317 ft x 116 ft
Buildings on lot
2
Stories
1
Year built
1971
Building material
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
755.25 ft x 338.58 ft
Lot sq. ft.
199,525

Area overview

Walk score
61 /100.  Somewhat Walkable
Transit score
66 /100.  Good Transit
Bike score
21 /100.  Somewhat Bikeable
School district
10
Community district
8
Closest police station
1.72 Miles
Closest fire station
1.10 Miles

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Ownership information for 5959 Independence Avenue, Bronx, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 5959 Independence Avenue, Bronx, NY 10471

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/09/1985 - R Satisfaction of Mortgage
(2110000609211)
XXXX XXXXX XXXXX XXX XXXXXXXX XXXXXXXXXXXXXX
10/29/1971 - R Agreement
(37120016800392)
XXXX XXXXX XXXXX XXX XXXXX XXXX XXXXXXX XXXX
10/29/1971 - R Assignment, Mortgage
(37120016800390)
XXXXXXXX XXXX XX XXXXXXXXXXX XXXXX XXXX XXXXXXX XXXX
06/21/1971 - R Mortgage
(37120015800529)
XXXX XXXXX XXXXX XXX XXXXXXXX XXXX XX XXXX XXXXXXX
01/16/1970 - R Assignment, Mortgage
(37020012401596)
XXXXXXX XXXXX XXXXXXX XXXXXXX XXXXXXXXXXX XXX
03/24/1969 - R Assignment, Mortgage
(36920010401607)
XXXXXXX XXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
01/13/1969 - R Assignment, Mortgage
(36920009901925)
XXXXXXX XXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
12/05/1968 - R Mortgage
(36820009701008)
XXXX XXXXX XXXXX XXX XXXXXXX XXXXXXXXXXX XXX
12/05/1968 - R Deed
(36820009701001)
XXXXXXX XXXXXXXXXXX XXX XXXX XXXXX XXXXX XXX
12/05/1968 - R Sundry Agreement
(36820009700993)
XXXXXX XXXXX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 5959 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
Municipal exemptions
Recent tax assessments
Market value
$17,396,000
Assessed value
$7,828,200

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 $16,977,000 $7,639,650 $0 10.848% $778,410 $0 n/a
2024/25 $16,728,000 $7,527,600 $0 10.762% $776,985 $0 n/a
2023/24 $16,391,000 $7,375,950 $0 10.592% $766,847 $0 n/a
2022/23 $15,455,000 $6,954,750 $0 10.646% $740,403 $0 n/a
2021/22 $14,178,000 $6,380,100 $0 10.755% $686,180 $0 n/a
2020/21 $17,467,000 $7,860,150 $0 10.694% $775,993 $0 n/a
2019/20 $16,952,000 $7,628,400 $0 10.537% $729,873 $0 n/a
2018/19 $16,289,000 $7,330,050 $0 10.514% $689,559 $0 n/a
2017/18 $15,341,000 $6,903,450 $0 10.514% $651,424 $0 n/a
2016/17 $14,577,000 $6,559,650 $0 10.574% $622,500 $0 n/a

Permit information for 5959 Independence Avenue, Bronx, NY

Filing date Job type Job status Job description Initial cost
11/13/2020 Alteration
02/03/2012 Alteration type 2
12/06/2011 Alteration type 2
10/18/2011 Alteration type 2
07/23/1990 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
04/29/2021 Egrade-failure to post energy grade/score none
02/02/2021 Bench-failure to benchmark none
11/02/2020 Bench-failure to benchmark none

*Most recent DOB violations on record for this property.

Bronx commercial market stats

Review a detailed real estate market overview of Bronx and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Bronx and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$302

11.9% Y-o-Y

Q1 2026 median price/sq. ft.

$334

9.2% Y-o-Y

2025 median price/sq. ft.

$293

-1.7% Y-o-Y

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Broadway & 242nd St at NW Corner
Station lines
1
Distance (miles)
1.415

Access the detailed traffic volume map for 5959 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

Frequently asked questions

What is the year built for 5959 Independence Avenue, Bronx, NY 10471?

The development at 5959 Independence Avenue, Bronx, NY 10471 was built in 1971.

What is the total square footage of 5959 Independence Avenue, Bronx, NY 10471?

5959 Independence Avenue, Bronx, NY 10471 has a total of 17,880 square feet.

What is the assessed value of 5959 Independence Avenue, Bronx, NY 10471?

5959 Independence Avenue, Bronx, NY 10471 is currently assessed at $7,828,200.

Disclaimer

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