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A blog from CityRealty (Links below will take you to the 6sqft site)

The Paterno, 440 Riverside Drive

Between West 116th Street & West 117th Street

Key Details

  • Year Built 1909
    Converted Year 1979
    Building Type Cooperative
    Neighborhood Morningside Heights
  • Total Apartments 106
    Total Floors 13
    Doorman FT Doorman
Avg. Price / ft2
N/A
Avg. Price / ft2
Avg. Price / ft2

Description

The Paterno, designed by renowned Morningside Height's architects Schwartz & Gross, has since 1910 stood at the northwest corner of West 116th Street and Riverside Drive in upper Manhattan. With its elegant façade curving around towards picturesque Claremont Avenue and the Columbia University campus. Its porte-cochere remains an exquisite entrance after more than a hundred years.

The building has a cavernous marble lobby with a stained glass ceiling is a monument to the elegance of a bygone era and it remains as one of the premier apartment houses in the area. The Paterno is a pet-friendly, full-service co-op with low maintenance, 24-hour doorman, live-in super, bike room, storage, and central laundry room. It is located near Columbia University and on a particularly beautiful stretch of Riverside Park with architecturally outstanding buildings. The thriving yet peaceful area offers a multitude of superb living experiences and has unrivaled cultural and intellectual energy.

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Building Amenities

  • Attended Lobby
  • FT Doorman
  • Pre War
  • Basement Storage
  • Elevator
  • Laundry Room
  • Bike Room
  • Live-In Superintendent
  • Porte-Cochère / Driveway

Apartments for Sale at 440 Riverside Drive (3)

3
Available Apts
$599K - $4M
Price Range
$1,080
Avg. Price / ft2
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Apartments for Rent at 440 Riverside Drive (2)

2
Available Apts
$3,000
Prices Start At
N/A
Avg. Price / ft2
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Rating

26
Out of 44

Architecture Rating: 26 / 44

+
35
Out of 36

Location Rating: 35 / 36

+
19
Out of 39

Features Rating: 19 / 39

+
10
=
90

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
  • #34 Rated co-op in Manhattan
  • #8 Rated co-op - Upper West Side
  • #1 Rated co-op - Morningside Heights
 
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Carter Horsley's Review

Carter Horsley's Building Review
"One of New York City’s greatest apartment buildings, it is the portal to Claremont Avenue and the premier residential building in the Columbia University neighborhood.

 " Read Carter's Full Review
Pros
  • One of the city's greatest apartment buildings
  • Fronts on Riverside Park
  • Large enclosed driveway with stained-glass vestibule and marble lobby
  • Architecturally distinguished facade
  • Doorman
  • Impressive views of Riverside Park and the Hudson River
  • Close to the subway station at 116th Street and Broadway at entrance to Columbia University
  • Pre-war construction
  • Large curved facade
  • Bicycle room
  • Storage
  • Laundry
  • Live-in superintendent
Cons
  • No garage
  • No balconies
  • No health club
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More Neighborhood Info

Subways

  1. 1
at Broadway 0.10 miles
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$2,200,000
Avg. Price
Based on 3 Sales
 

Closing History - Last 10 sales

10
Units Sold
$525K - $3.9M
Price Range
$969
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 75 Available for Sale
  • $1,352 Avg. Price / Ft2
  • $1,339,233 Avg. Price
  • $970,000 Median Price
  1. Most Expensive Vandewater Apt 25B | $4,550,000
    Price / ft2 $2,010
  2. Least Expensive 70 La Salle Street Apt 15E | $285,000
Not enough data available to generate chart.
  • 8 Available for Rent
  • $52 Avg. Price / Ft2
  • $4,100 Avg. Price
  • $2,875 Median Price
  1. Most Expensive The Paterno Apt 48 | $13,000
  2. Least Expensive 90 La Salle Street Apt 16E | $2,100
    Price / ft2 $62
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 39 Total Sales
  • $863 Avg. Price / Ft2
  • $937,820 Avg. Price
  • $700,000 Median Price
  1. Most Expensive The Paterno Apt 121 | $3,850,000
  2. Least Expensive 80 La Salle Street Apt 17E | $332,500
    Price / ft2 $665

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