Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
440 RIVERSIDE Drive #STC
Interested in this property?
Active For Sale Co-op

$475,000

440 RIVERSIDE Drive #STC

Morningside Heights, Manhattan

The Paterno

MLS® #RLS20074250

RLS at REBNY

Listing by Douglas Elliman Real Estate

Studio

1

Bath

N/A

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1910
Ownership Co-op
Maintenance $711/mo
Neighborhood Morningside Heights
Floor 2 of 13

Property Highlights

  • Character: Pre-war building (1910)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 2 of 13
Pets Yes
Year Built 1910
Structure Type HighRise
Basement Other
Block/Lot 01990/0001

Listing History

Event Date Price Change
Listed Feb 28, 2026 $475,000 -
Currently May 4, 2026 $475,000 -

Description

Grand sized studio with large separate kitchen and bath at The Paterno, the gracious and spectacular "porte-cochere" cooperative at 116th and Riverside Drive in Morningside Heights. Unusually high ceilings create a feeling of breathing room in this one flight up studio with convenient lobby entrance. Two large windows, refinished floors, smooth plaster ceilings and walls grace the main room allowing multiple options for living room, bedroom, desk, and wall unit furniture. Entertaining in the very spacious kitchen is a pleasure with areas for dining and cooking with ease. The double windowed generously sized bathroom, in very good condition, is enhanced by the pre-war large tub, up-to-date vanity, and mirror. Two closets are situated in the kitchen and off the bathroom for all your supply and storage needs. The unit has the benefit of the 24 hour doorman creating the best of both worlds, a separate entrance and a doorman. All the desirable amenities of full time doorman, laundry room, live-in super, and fabulous roof deck pavilion with miles of river views contribute to the value of this studio. A second lobby entrance at 3 Clarement Ave. is a block from the #1 subway entrance and the Broadway shops, cafes, stores, and Columbia University. The beautiful Riverside Park and Riverside Drive enhance your living with the renowned peaceful gardens, paths, and tennis courts at 110th St. and 96th St. Sublet policy is residency in the apartment for two full consecutive years following purchase, then sublet for no more than four years out of any eight year period. Primary residence only, pied-a-terres not allowed, case-by-case for guarantors, and/or gifting, and co-purchasing. 75 percent financing. 1.5 percent of the sales price paid as a flip tax by the seller. Call for a showing today!

Features & Amenities

Interior Features

Building Other

Exterior Features

None

Building Amenities

Bike Storage Elevators Storage

Appliances

Washer Dryer Allowed

Building Information

Building The Paterno
Building Data View Compliance & Permits
Total Units 106
Stories 13
Structure HighRise

Financial Details

Maintenance $711/mo

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

55

Median Asking Price

$850K

Median $/Sqft

$1,511

Avg Days on Market

N/A

New This Week

1

Price Reduced

27%

Sold (30 Days)

5

Median Sale Price

$883K

Live data from RLS at REBNY • Updated 5/3/26, 11:02 PM EST

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Location

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440 RIVERSIDE Drive #STC, Morningside Heights, New York County

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 $711 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

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: RLS20074250
First Listed: 2/28/2026
On Market: 2/28/2026
Price Changed: 2/28/2026
Contract Date: 2/28/2026

Listing Courtesy of Douglas Elliman Real Estate - Carol W Landon

Listing Contact: (212) 920-7990

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 5/4/2026 at 3:02 AM UTC

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