This $7 Million Mansion Could Set a New York City Real Estate Record

Spanning 10,000 square feet, 5020 Grosvenor Ave is one of the neo-Georgian contributions to the neighborhood. “5020 Grosvenor is truly a very special house. This mansion has the all the advantages of recent construction but the historic character, intricate detail, and fine finishes found in the grand estates of the past,” Davis, one of the listing agents, tells AD. With a symmetrical brick façade and colonnaded porch, the 2012 home represents a reinterpretation of stately properties built in the early 20th century throughout the United States. Inside, the property features an elevator, which services all floors, seven bedrooms, and seven and a half baths. Offering just under an acre of land, the manicured lawns include a raised patio and a pool.  

While a sprawling mansion may seem unusual for the area, there are a number of large-scale homes located in the city’s outer boroughs. Riverdale, in particular, has a large collection of stately residences as it was a popular location for affluent New Yorkers to build country homes in the early 19th century. Listing agents are marketing 5020 Grosvenor Ave as a fine balance between suburban and city life, situated in a quiet community less than a half hour away from Midtown Manhattan. “Near it all, but a world away, this area is great for those who want an easy commute to Manhattan, but also the privacy and space that comes with a suburban lifestyle,” Davis adds.