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The Paterno, 440 Riverside Drive, #48

Listing no longer available on CityRealty as of May 10, 2021
It previously was on the market for a total of 228 days.
1 apartment is currently available in this building.
228 days on Market

Pricing History

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Key Details

  • Listed: Sep 24, 2020
    Last Price Change: -2.6% ($100,000) on Jan 8
    Days on Market: 228
    Building Type: Cooperative
    Neighborhood: Morningside Heights (Manhattan)
    Doorman: FT Doorman
    Listing viewed 387 times
Monthly Maintenance: $3,842
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $22,885
Note: the above is based on a down payment of 25% ($925,000), which is the minimum amount permitted by the building.

Description

Introducing 440 Riverside Drive, #48 - a rarely available and truly exceptional residence which combines impeccable renovations, pre-war magnificence, private outdoor space, and an amazing, flexible layout!

Residence 48 features a private balcony and is currently configured as a 4-bedroom with 3 full bathrooms, and a den/home office. The layout can easily be modified to suit a variety of uses ? including the creation of a massive great room that would measure approx. 50' x 38' (as shown in alternate floor plan).

This trophy home delivers an elevated standard of living and comfort with superior work-from-home potential, modern luxuries and pre-war charm within the most architecturally significant building on Riverside Drive - located directly across from Riverside Park!

The residence's gracious foyer features elegant marble floors and a large coat closet. The foyer is flanked to the right by a sun-drenched den/home office with beautiful French Doors.

Opposite is a full-bath which includes a closeted full-size washer / vented dryer. The great room is a perfect space for entertaining with an expansive, open layout that includes generous space for living and dining. The space receives outstanding natural light via the French doors leading out to the private balcony and long wall of charming windows running alongside it.

Tasteful wrought iron railings line the balcony where you can watch the sun rise over beautiful buildings or set down across Riverside Park. A fantastic built-in fireplace with TV above and rich hardwood floors round out the space which is open to the spacious kitchen and a dream for any chef. Custom cabinetry and top of the line finishes, countertops, and appliances surround a massive island with breakfast bar seating for family and friends to gather around.

The peaceful and private bedroom wing includes three secondary bedrooms all providing excellent proportions that are rarely found in the city.

Additionally, there is a designer full-bathroom complete with radiant heat floors. The luxurious master is privately set at the far end of the wing and includes an spa-like en-suite with a marble bath tub, oversized shower, radiant heat floors, and dual vanity.

Residence includes two large, deeded storage bins in the basement which were previously purchased for $25,000 each.

The home also can be purchased fully furnished for an additional $100,000.

440 Riverside Drive, spanning 13 stories, was built by the Paterno brothers in 1909 and designed by famed Morningside Heights architects Schwartz & Gross.

The Paterno was converted to an exclusive cooperative in 1979. Its distinct and tasteful, curved facade defines Riverside Drive and West 116th Street and Riverside Drive, along with it's marvelous porte-cochere entrance. The lobby, outfitted with marble and stained-glass ceiling, along with the hallways, are being renovated.

A gym is also in the works! Other amenities include a 24-hour doorman, live-in super, elevator, roof deck, central laundry, bike room, and storage. Pets are allowed.

The highly desirable location is near Columbia University, situated amidst architectural masterpieces, and right across from Riverside Park which features a playground, tennis & basketball courts, soccer fields, running & bike paths, a skateboard park & more!

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Apartment Amenities

  • Great Lighting
  • City View

About The Paterno, 440 Riverside Drive

90

The Paterno, 440 Riverside Drive has received a CityRealty Rating of 90, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

26
Out of 44
+
35
Out of 36
+
19
Out of 39
+
10
=
90
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Stunning 5 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
Yes 1 out of 1 points
Maids Room:
Some 1 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
Yes 1 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 1979
  • Attended Lobby
  • FT Doorman
  • Pre War
  • Resident Storage
  • Elevator
  • Laundry Room
  • Bike Room
  • Live-In Superintendent
  • Porte-Cochère / Driveway

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