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In Contract

The Paterno, 440 Riverside Drive, #114

$650,000 | 1 bed, 1 bath
Building Profile  | 
607 days on Market

Key Details

  • Listed: Apr 27, 2023
    Days on Market: 607
    Building Type: Cooperative
    Neighborhood: Morningside Heights (Manhattan)
    Doorman: FT Doorman
    Listing viewed 173 times
Monthly Maintenance: $1,610
Est. Monthly Mortgage: $3,260
Total Est. Monthly Carrying Cost: $4,870
Note: the above is based on a down payment of 25% ($162,500), which is the minimum amount permitted by the building.

Description

Spacious 1 bedroom at the iconic Paterno, across the street from Riverside Park in prime Columbia University area.

Come home to this quiet and bright prewar classic, with:
- great natural light through oversized windows
- oak hardwood floors
- extra high ceilings (9’5")
- windowed kitchen
- windowed bathroom with original fixtures.

All the windows and door frames have been stripped back to original wood and the apartment is waiting for its next owner to come along and make it their own.

The Paterno is a distinctive landmark building, where you will enjoy a majestic marble lobby crowned with a stained glass ceiling, an impressive porte-cochere, and the convenience of an additional entrance on Claremont Avenue, all gracefully designed in 1909 by Schwartz & Gross.

The co-op has sound financials and amenities include 24-hour doorman, resident manager, laundry room, bike room and a storage room. Close to restaurants, shops and transportation.

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Listing courtesy of William Raveis New York City LLC

Pricing History

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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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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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Subways

  1. 1
at Broadway 0.10 miles

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