<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-09-30</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000731245</issuerCik>
        <issuerName>PRESIDENTIAL REALTY CORP/DE/</issuerName>
        <issuerTradingSymbol>PDLA, PDLB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001270990</rptOwnerCik>
            <rptOwnerName>JOSEPH JEFFREY F</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>19 STILLMAN LANE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>PLEASANTVILLE</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10605</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>President and CEO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Presidential Realty Corp. Class A Common</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>198735</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Securities are owned by PDL Partnership in which the undersigned has a 20% interest.</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Presidential Realty Corp. Class B Common</value>
            </securityTitle>
            <transactionDate>
                <value>2004-09-30</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>264.57</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>7.97</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>42127.81</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Presidential Realty Corp. Class B Common</value>
            </securityTitle>
            <transactionDate>
                <value>2004-10-10</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F2"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1243.78</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>8.04</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>43371.59</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Transaction Code J - acquired pursuant to Dividend Reinvestment plan.</footnote>
        <footnote id="F2">Transaction Code J - acquired pursuant to Stock Purchase plan.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Jeffery F. Joseph</signatureName>
        <signatureDate>2004-10-11</signatureDate>
    </ownerSignature>
</ownershipDocument>
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X0202
4
2004-09-30
0
0000731245
PRESIDENTIAL REALTY CORP/DE/
PDLA, PDLB
0001270990
JOSEPH JEFFREY F
19 STILLMAN LANE
PLEASANTVILLE
NY
10605
1
1
0
0
President and CEO
Presidential Realty Corp. Class A Common
198735
I
Securities are owned by PDL Partnership in which the undersigned has a 20% interest.
Presidential Realty Corp. Class B Common
2004-09-30
4
J
0
264.57
7.97
A
42127.81
D
Presidential Realty Corp. Class B Common
2004-10-10
4
J
0
1243.78
8.04
A
43371.59
D
Transaction Code J - acquired pursuant to Dividend Reinvestment plan.
Transaction Code J - acquired pursuant to Stock Purchase plan.
Jeffery F. Joseph
2004-10-11