Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,600,000

· Closed September 28, 2016

440 Riverside Drive #83
Closed For Sale Co-op

$1,600,000

440 Riverside Drive #83

Morningside Heights, Manhattan

The Paterno

MLS® #RLS10101069

RLS at REBNY

Listing by Elliman

2

Bedrooms

2

Baths

N/A

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built 1910
Ownership Co-op
Maintenance $1,947/mo
Neighborhood Morningside Heights
Floor 8

Property Highlights

  • Views: Park Greenbelt, River
  • Exposure: North,West facing
  • Character: Pre-war building (1910)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 2 Full
Floor 8
View Park Greenbelt, River
Exposure North,West
Pets Yes
Cross Street 116th
Year Built 1910
Parcel # 1990-0001-00440-000-0000083

Listing History

Event Date Price Change
Listed Apr 29, 2016 $1,795,000 -
Price Reduced May 19, 2016 $1,695,000 -5.6%
Currently Jun 3, 2026 $1,600,000 -5.6%

Description

This turn-of-the-century, flexible two bedroom, two bathroom home has sweeping River and Park views. The original layout offers the ability to have a grand formal dining room (as the most recent owner used it) or a spacious second bedroom. The sunny windowed, eat-in-kitchen has lots of cabinet and counter space and the two bathrooms also have windows.

This rambling beauty has soaring nine-and-a-half foot ceilings, parquet floors, built-in bookshelves and window seat and lots of original detail.

Built in 1909, The Paterno commands the northern side of W 116th and Riverside Drive with its handsome façade and stunning porte-cochère entry. This established, pet friendly co-op also has a stunning marble lobby, doorman, live-in super, storage, bike and laundry rooms. PLEASE NOTE NO WASHER/DRYERS ALLOWED.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Building Information

Financial Details

Maintenance $1,947/mo
Original Price $1,795,000
Sale Price $1,600,000
Previous Price $1,695,000

About Morningside Heights

View All Morningside Heights Listings

Morningside Heights is often referred to as the 'Academic Acropolis' of New York, home to Columbia University and the Cathedral of St. John the Divine. Perched on a plateau between Riverside and Morningside Parks, the neighborhood offers a scholarly and serene atmosphere. The real estate market is dominated by grand pre-war cooperatives with high ceilings and classic details, catering to those who appreciate historic architecture and green space.

Morningside Heights Live Market Data

View Neighborhood

Active Listings

54

Median Asking Price

$1.01M

Median $/Sqft

$1,485

Avg Days on Market

N/A

New This Week

1

Price Reduced

35%

Sold (30 Days)

8

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 6/3/26, 4:39 AM EST

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Location

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440 Riverside Drive #83, Morningside Heights, New York County • Near 116th

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
13
Floors
106
Residential Units
R8
Zoning District
Elevator Apartments Historic District: Morningside Heights Historic District

Tax & Assessment

Assessed Value: $6,538,050
Land Value: $351,000
Exemptions: $38,930

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 15,750 SF
Building Area: 148,982 SF
Built FAR: 9.46
Allowed FAR: 6.02

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,947 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10101069
First Listed: 4/29/2016
Price Changed: 5/19/2016
Closed: 9/28/2016
Contract Date: 4/28/2016

Listing Courtesy of Elliman - Ann Cutbill L. Lenane

Listing Contact: -

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/3/2026 at 8:39 AM UTC

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