--- title: "725 RIVERSIDE Drive #2G, New York City, NY 10031" description: "725 RIVERSIDE Drive #2G, New York City, NY 10031 — Hamilton Heights, New York City, NY. Listing Price $499,000. In contract 9/11/2026. 1 bed, 1 bath Illustrative Buyer Commission Share of $7,485 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10031/725-riverside-drive-2g-ny-10031" source: "Real Estate Rebate Team" dateModified: "2026-09-12T00:00:37.780Z" status: "Pending" --- # 725 RIVERSIDE Drive #2G, New York City, NY 10031 Hamilton Heights, New York City, NY Courtesy of Douglas Elliman Real Estate Last updated: September 11, 2026, 8:00 PM ## At a Glance - **Listing Price**: $499,000 - **Status**: In contract 9/11/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 1 - **Baths**: 1 - **Common Charges**: $451 / mo - **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**: $499,000 - **Illustrative Buyer Commission Share**: -$7,485* - **Illustrative Net Cost**: $491,515 *Illustrative Buyer Savings of $7,485 — 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 (8) ![725 RIVERSIDE Drive #2G, New York City, NY 10031 — photo 1 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d46851be-cc60-4cd0-a8cc-8e6ae056b4a4.jpg) ![725 RIVERSIDE Drive #2G, New York City, NY 10031 — photo 2 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5bc074b8-a123-4853-8bd6-7d5b16f358cc.jpg) ![725 RIVERSIDE Drive #2G, New York City, NY 10031 — photo 3 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f40ef395-b24b-4520-823a-b203ede772ff.jpg) ![725 RIVERSIDE Drive #2G, New York City, NY 10031 — photo 4 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bc648851-1f07-4ec6-8099-2464b6b1af93.jpg) ![725 RIVERSIDE Drive #2G, New York City, NY 10031 — photo 5 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4c22716c-49c2-4438-a0a7-9073b6a53cee.jpg) ![725 RIVERSIDE Drive #2G, New York City, NY 10031 — photo 6 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3a00e249-0217-4327-be7e-b860d7dbf67a.jpg) ![725 RIVERSIDE Drive #2G, New York City, NY 10031 — photo 7 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6e9719f4-3bb7-4c8e-89dc-2fc3eeefc990.jpg) ![725 RIVERSIDE Drive #2G, New York City, NY 10031 — photo 8 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f4be3872-67c8-41ea-ad94-ec565f9a6468.jpg) ## Property Overview Grand-Scale Renovated Pre-War One-Bedroom Condominium Across from Riverside Park Welcome home to this beautifully renovated and grand-scale pre-war one-bedroom condominium, situated directly across from Riverside Park. With exceptionally low monthly carrying costs, this residence presents an exceptional opportunity for both end-users and investors. Owners may rent immediately upon purchase, and the condominium's streamlined application process makes leasing quick and convenient with excellent income-producing potential from day one. Generous proportions and a thoughtfully designed floor plan offer both flexibility and functionality. Four oversized windows in the living room and bedroom bathe the home in natural light throughout the day. Grand open archways, soaring ceilings, and an expansive layout create a bright, airy, loft-like feel while preserving clearly defined living, dining, and sleeping spaces. The seamless flow from room to room allows sunlight to travel throughout the residence, illuminating the heart of the home and enhancing its open, inviting character. The separate windowed kitchen features classic white shaker cabinetry, granite countertops, newly installed tile flooring, and a full suite of brand-new stainless steel appliances, including a dishwasher and built-in microwave. Adjacent to the kitchen is a charming dining area, lending itself to entertain guests or gatherings with friends. The open layout allows the chef to remain part of the conversation while preparing meals, making the space desirable for both everyday living and effortless entertaining. The oversized bedroom easily accommodates a king-size bed, a complete bedroom furniture set, and a dedicated home office area. Washer/dryer in the apartment is permitted with condo approval. The windowed bathroom is tastefully appointed with porcelain-inlaid designer tile, granite flooring, and a pedestal sink. Additional features include newly refinished blonde oak plank floors throughout, skim-coated walls, recessed soffit lighting, crown and baseboard moldings, and custom California Closets. This well-maintained pre-war condominium offers a live-in superintendent and lobby attendant service seven days a week from 4:00 PM to midnight. Residents also enjoy access to a central laundry room, bicycle storage, and private storage units available for rent. The building is pet-friendly and welcomes guarantors, gifted funds for down payments, and co-purchasing arrangements. Conveniently located in the heart of Hamilton Heights, directly across the street from Riverside Park and the Hudson River, this exceptional home offers the perfect blend of tranquility and convenience. Enjoy easy access to Columbia University, NewYork-Presbyterian/Columbia University Irving Medical Center, the #1 and A trains, shopping, dining, and neighborhood conveniences. Combining timeless pre-war charm with modern updates, this residence presents a rare opportunity to own in one of Upper Manhattan's most vibrant and sought-after neighborhoods. Note There is currently a capital asessment of $392.52 which started 1/1/2026 and ends 1/31/2027. ## Property Details - **Property Type**: Condominium - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Stories**: 11 - **Year Built**: 1912 - **Common Charges**: $451 / Monthly - **Listed On**: Jun 3, 2026 - **Days on Market**: 107 Days ### Residence Features - Window Unit(s) - Building Other - High Ceilings - Walk-In Closet(s) ## Estimated Monthly Payment **$2,974 / month**, assuming a 20% down payment ($99,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $2,523 - **Common Charges**: $451 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 11 apartments at 725 Riverside Drive have recorded sales since September 2021, the most recent for $475,000 in July 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | [9F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10031/725-riverside-drive-f-9F-ny-10031) (Apartment) | 1 | 650 | $475,000 | $731/ft² | July 16, 2026 | MLS | | 8-D (Apartment) | 1 | 825 | $625,000 | $758/ft² | June 12, 2026 | City record · MLS | | 11A (Apartment) | 3 | 1,816 | $1,295,000 | $713/ft² | January 27, 2026 | City record · MLS | | 9C (Apartment) | 3 | 1,174 | $877,939 | $748/ft² | August 19, 2024 | City record · MLS | | 4G (Apartment) | 1 | 683 | $479,000 | $701/ft² | August 7, 2024 | City record · MLS | | 10D (Apartment) | — | 1,016 | $857,756 | $844/ft² | May 15, 2024 | City record | | 5C (Apartment) | 2 | 1,174 | $740,000 | $630/ft² | May 9, 2023 | City record · MLS | | 6-E (Apartment) | 1 | 678 | $465,000 | $686/ft² | April 25, 2023 | City record · MLS | | GD (Apartment) | 2 | 972 | $575,000 | $592/ft² | September 22, 2022 | City record · MLS | | 10-F (Apartment) | 1 | 650 | $480,000 | $738/ft² | August 19, 2022 | City record · MLS | | 4-G (Apartment) | 1 | 683 | $395,000 | $578/ft² | December 21, 2021 | City record · MLS | 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**: $499,000 - **Median sold price**: $479,000 - **Difference**: +$20,000 (+4.2%) - **Median $/ft²**: $701 - **Comparable sales**: 5 - **Sales from**: December 2021 – June 2026 - **Middle half of those sales**: $465,000 – $480,000 Based on one-bedroom sales at 725 Riverside Drive. ### How these sales were negotiated - **Typical time to find a buyer**: 101 days (5 sales) - **Typical time to close**: 61 days (5 sales) Based on one-bedroom sales at 725 Riverside Drive 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 price per square foot, sales at 725 Riverside Drive | Year | Median $/ft² | Sales | | --- | --- | --- | | 2017 | $715/ft² | 4 (thin) | | 2018 | $780/ft² | 4 (thin) | | 2019 | $792/ft² | 3 (thin) | | 2021 | $738/ft² | 3 (thin) | | 2024 | $748/ft² | 3 (thin) | Based on recorded sales at 725 Riverside Drive. Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning. Sales data through July 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 725 Riverside Drive](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/725-riverside-drive) ## Price and Property History for 725 RIVERSIDE Drive, Unit 2G Review the recorded listing activity for 725 RIVERSIDE Drive, Unit 2G, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $26,000, or 5%, on July 21, 2026 - **Originally listed**: June 3, 2026 at $525,000 - **Entered contract**: September 11, 2026 | Date | Price | Listing event | | --- | --- | --- | | September 11, 2026 | $499,000 | Entered contract | | July 21, 2026 | $499,000 | Asking price reduced by $26,000, or 5% | | June 3, 2026 | $525,000 | Listed for sale by Douglas Elliman Real Estate | ## Property Tax History Taxes at 725 RIVERSIDE Drive #2G were $2,882 in 2026, up 7.5% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $25,754 | $647 | $25,107 | $23,059 | $2,882 | 12.5% (estimated) | | 2025 (FY 2025/26) | $26,477 | $647 | $25,830 | $21,441 | $2,680 | 12.5% (estimated) | | 2024 (FY 2024/25) | $23,161 | $647 | $22,514 | $20,057 | $2,507 | 12.5% | | 2023 (FY 2023/24) | $20,610 | $647 | $19,963 | $19,249 | $2,407 | 12.502% | | 2022 (FY 2022/23) | $19,303 | $647 | $18,656 | $18,480 | $2,267 | 12.267% | | 2021 (FY 2021/22) | $17,661 | $647 | $17,014 | $17,661 | $2,161 | 12.235% | | 2020 (FY 2020/21) | $19,560 | $647 | $18,913 | $17,251 | $2,116 | 12.267% | | 2019 (FY 2019/20) | $19,121 | $647 | $18,474 | $16,338 | $2,038 | 12.473% | | 2018 (FY 2018/19) | $16,764 | $647 | $16,117 | $15,337 | $1,934 | 12.612% | | 2017 (FY 2017/18) | $15,774 | $647 | $15,127 | $14,888 | $1,894 | 12.719% | | 2016 (FY 2016/17) | $15,047 | $647 | $14,400 | $14,972 | $1,930 | 12.892% | | 2015 (FY 2015/16) | $14,992 | $647 | $14,345 | $15,146 | $1,951 | 12.883% | | 2014 (FY 2014/15) | $14,117 | $648 | $13,469 | $15,264 | $1,962 | 12.855% | | 2013 (FY 2013/14) | $14,517 | $648 | $13,869 | $14,935 | $1,963 | 13.145% | | 2012 (FY 2012/13) | $16,154 | $806 | $15,348 | $15,350 | $2,023 | 13.181% | | 2011 (FY 2011/12) | $20,771 | $806 | $19,965 | $13,600 | $1,827 | 13.433% | | 2010 (FY 2010/11) | $35,856 | $805 | $35,051 | $14,321 | $1,912 | 13.353% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 1020961011. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 725 Riverside Drive Hamilton Heights · Condominium 725 Riverside Drive, New York, NY 10031 A building in Hamilton Heights, currently featuring 1 active listing. - **Year Built**: 1912 - **Active Units**: 1 - **Floors**: 11 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/725-riverside-drive) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [9C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10031/725-riverside-drive-c-9C-ny-10031) | 2 | 2 | 1,174 sqft | $745 | $875,000 (-2.7%) | Compass | May 30, 2026 | 110 days | | [2G](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10031/725-riverside-drive-2g-ny-10031) | 1 | 1 | — | — | $499,000 (-5.0%) — In contract | Douglas Elliman Real Estate | Jun 3, 2026 | 106 days | | [4D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10031/725-riverside-drive-d-4D-ny-10031) | 1 | 1 | 825 sqft | $726 | $599,000 (-3.4%) — In contract | Compass | Feb 25, 2026 | 204 days | ## Hamilton Heights Overview of Hamilton Heights [Explore Hamilton Heights](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hamilton-heights) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Hamilton Heights - [Morningside Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/morningside-heights) - [East Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem) ## Related Links - [725 Riverside Drive — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/725-riverside-drive) - [Hamilton Heights neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hamilton-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.