---
title: "440 Riverside Drive #97, New York City, NY 10027"
description: "440 Riverside Drive #97, New York City, NY 10027 — Morningside Heights, New York City, NY. Listing Price $1,250,000. Price Reduced: Reduced $45,000 (3.5%) from $1,295,000 on September 8, 2026. 2 bed, 1 bath, 1,100 sqft Illustrative Buyer Commission Share of $18,750 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/440-riverside-drive-97-ny-10027"
source: "Real Estate Rebate Team"
dateModified: "2026-09-22T17:14:57.344Z"
status: "Active"
---

# 440 Riverside Drive #97, New York City, NY 10027

Morningside Heights, New York City, NY

Courtesy of Compass

Last updated: September 22, 2026, 1:14 PM

## At a Glance

- **Listing Price**: $1,250,000
- **Price Reduced**: Reduced $45,000 (3.5%) from $1,295,000 on September 8, 2026
- **Beds**: 2
- **Baths**: 1
- **Sqft**: 1,100
- **Common Charges**: $2,134 / mo
- **Price per Sqft**: $1,136
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $1,250,000
- **Illustrative Buyer Commission Share**: -$18,750*
- **Illustrative Net Cost**: $1,231,250

*Illustrative Buyer Savings of $18,750 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![440 Riverside Drive #97, New York City, NY 10027 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3722a39e-ad91-4354-84ea-0cf92b2e616a.jpg)
![440 Riverside Drive #97, New York City, NY 10027 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7d7cd8d5-4b91-4abb-a1b7-f8c68a1b09a5.jpg)
![440 Riverside Drive #97, New York City, NY 10027 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1cc8e13e-7897-4920-a21a-109f7bafbe53.jpg)
![440 Riverside Drive #97, New York City, NY 10027 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/221eb001-7c45-4f39-8f8f-6cad4ac49c9c.jpg)
![440 Riverside Drive #97, New York City, NY 10027 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f53d33dc-b5e0-47f9-8205-339398d66d7a.jpg)
![440 Riverside Drive #97, New York City, NY 10027 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b929a4e5-19c7-43a8-98b4-1f77b9c3f313.jpg)
![440 Riverside Drive #97, New York City, NY 10027 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ee073e86-9e04-4e00-b616-8913fb9790d9.jpg)
![440 Riverside Drive #97, New York City, NY 10027 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7f1fde1e-26df-453f-9c9f-305524da12b1.jpg)
![440 Riverside Drive #97, New York City, NY 10027 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b270fdba-f6bb-4791-8646-4277a9ede6d7.jpg)
![440 Riverside Drive #97, New York City, NY 10027 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2cc635b0-db84-4743-81e7-f09ae21d0b1a.jpg)

## Property Overview

Brand new renovations, and ready for entertaining!

This sprawling two bedroom is perched on the 9th floor with 9.5 foot ceilings and wide open protected Southern and Eastern views of city and sky. Original details are combined with brand new high end renovations in the kitchen and bath, with upgraded electrics and plumbing. The split bedroom layout is ideal for privacy, and the grand living and dining room complete with original wainscoting is ideal for entertaining.

The Paterno is a stunning building with a grand entryway and stained glass ceiling. The excellent building staff includes 24 hour attendants and onsite management. The building is crowned with a lovely furnished roof deck with expansive views and a gazebo. The Paterno is steps to transportation, shopping, and is directly across the street from Riverside Park.

The apartment:
-Brand New Renovations to both the Kitchen & Bath
-Upgraded electric and plumbing
-Cafe Appliance Suite, with water line in the refrigerator
-Full sized kitchen pantry
-Pot Filler over the stove
-Quartz Countertops
-Real Marble in the Bathroom
-Toto Washlet toilet seat and wall-attached toilet
-9.5 Feet Ceilings
-Excellent Light with protected Southern and Eastern Exposures

The Building
-Full Time Front Desk Staff
-Excellent Building Staff
-Onsite management
-Laundry Room with new machines
-Additional Storage available for rent
-Gorgeous Furnished Roof Deck
-Sprawling Lobby with Stained Glass Ceiling
-Gorgeous Pre-War building with curved facade
-Local Law 11 underway, and the assessment for the work has already been paid!

The Neighborhood
-Across the street from Riverside Park
-Right near Barnard & Columbia
-Quick walk to the 1 Train at 116th, the M5 & M60
-An abundance of restaurants, coffee shops, bookstores, shopping, and more.

## Property Details

- **Property Type**: Co-op
- **Beds**: 2
- **Baths**: 1
- **Rooms**: 4
- **Sqft**: 1,100 sqft
- **Stories**: 13
- **Year Built**: 1910
- **Price per Sqft**: $1,136
- **Common Charges**: $2,133.84 / Monthly
- **Listed On**: Sep 8, 2026
- **Days on Market**: 22 Days

### Residence Features

- Building Washer Dryer Install Allowed
- Common On Floor
- Common Area
- Building Roof Deck
- High Ceilings
- Hardwood
- City

## Estimated Monthly Payment

**$8,455 / month**, assuming a 20% down payment ($250,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $6,321
- **Common Charges**: $2,134

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

8 apartments at The Paterno have recorded sales since September 2021, the most recent for $975,000 in February 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sold Price | Sold | Source |
| --- | --- | --- | --- | --- |
| 108 (Apartment) | — | $975,000 | February 27, 2026 | City record |
| 97 (Apartment) | 2 | $1,100,000 | July 1, 2024 | City record · MLS |
| 6 (Apartment) | Studio | $380,000 | June 10, 2024 | City record · MLS |
| 105 (Apartment) | 2 | $939,000 | February 13, 2024 | City record · MLS |
| 114 (Apartment) | 1 | $655,000 | October 25, 2023 | City record · MLS |
| 58 (Apartment) | 2 | $1,200,000 | August 22, 2022 | City record · MLS |
| F (Apartment) | — | $475,000 | February 25, 2022 | City record |
| 106 (Apartment) | — | $1,285,000 | December 1, 2021 | City record |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

- **This home**: $1,250,000
- **Median sold price**: $1,100,000
- **Difference**: +$150,000 (+13.6%)
- **This home, $/ft²**: $1,136
- **Comparable sales**: 3
- **Sales from**: August 2022 – July 2024
- **Middle half of those sales**: $1,019,500 – $1,150,000

Based on two-bedroom sales at The Paterno.

Square footage is recorded for only 0 of these 3 sales (0%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

### How these sales were negotiated

- **Typical time to find a buyer**: 57 days (3 sales)
- **Typical time to close**: 77 days (3 sales)

Based on two-bedroom sales at The Paterno with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

### Price trend

Median sale price, co-op two-bedroom sales in Morningside Heights

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2017 | $1,155,000 | 14 |
| 2018 | $758,750 | 16 |
| 2019 | $786,000 | 19 |
| 2021 | $715,000 | 29 |
| 2022 | $690,000 | 22 |
| 2023 | $659,500 | 18 |
| 2024 | $705,000 | 18 |
| 2025 | $667,500 | 22 |

Based on recorded co-op two-bedroom sales in Morningside Heights.

Sales data through February 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at The Paterno](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-paterno)

## Price and Property History for 440 Riverside Drive, Unit 97

Review the recorded listing activity for 440 Riverside Drive, Unit 97, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $45,000, or 3.5%, on September 8, 2026
- **Originally listed**: August 21, 2026 at $1,250,000
- **Current asking price**: $1,250,000
- **Last sold (recorded)**: $1,100,000 on July 1, 2024

| Date | Price | Listing event |
| --- | --- | --- |
| September 8, 2026 | $1,250,000 | Asking price reduced by $45,000, or 3.5% |
| August 21, 2026 | $1,250,000 | Listed for sale by Compass |
| July 1, 2024 | $1,100,000 | Sold — recorded sale price |
| April 15, 2024 | $1,100,000 | Entered contract |
| October 2, 2023 | $1,150,000 | Listed for sale by Douglas Elliman Real Estate |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 106 apartments. The corporation’s 2026 property tax bill was $781,644 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for The Paterno](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-paterno)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### The Paterno

Morningside Heights · Stock Cooperative

440 RIVERSIDE Drive, New York, NY 10027

A building in Morningside Heights, currently featuring 2 active listings.

- **Year Built**: 1910
- **Active Units**: 2
- **Floors**: 13

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-paterno)

### Available Residences — For Sale (2)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [97](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/440-riverside-drive-97-ny-10027) | 2 | 1 | 1,100 sqft | $1,136 | $1,250,000 (-3.5%) | Compass | Sep 8, 2026 | 21 days |
| [C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/440-riverside-drive-c-ny-10027) | Studio | 1 | — | — | $499,000 | Sothebys International Realty | Aug 18, 2026 | 42 days |

## Morningside Heights

Overview of Morningside Heights

[Explore Morningside Heights](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/morningside-heights) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Morningside Heights

- [Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/harlem)
- [East Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem)
- [Upper West Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-west-side)
- [Central Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/central-park)

## Related Links

- [The Paterno — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-paterno)
- [Morningside Heights neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/morningside-heights)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.