Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,100,000

· Closed July 1, 2024

440 RIVERSIDE Drive #97
Closed For Sale Co-op

$1,100,000

440 RIVERSIDE Drive #97

Morningside Heights, Manhattan

THE PATERNO

MLS® #RLS10977102

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

1

Bath

N/A

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Year Built 1910
Ownership Co-op
Maintenance $2,015/mo
Neighborhood Morningside Heights
Floor 9 of 13

Property Highlights

  • Views: Other
  • Exposure: East,South facing
  • Character: Pre-war building (1910)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 9 of 13
View Other
Exposure East,South
Pets Yes
Year Built 1910
Structure Type HighRise
Basement Other
Parcel # 1990-0001-00440-000-0000097
Block/Lot 01990/0001

Listing History

Event Date Price Change
Listed Oct 14, 2023 $1,150,000 -
Currently May 13, 2026 $1,100,000 -4.3%

Description



The Paterno, 440 Riverside Drive at 116th St. Quintessential Morningside Heights.

This sprawling two bedroom one bath ninth floor apartment with 9.5 ft. ceilings faces East and South with open views of Columbia, Barnard and the architecturally beautiful buildings along 116th St. all framed with light and sky. Original wainscoting. Freshly painted with brand new light hardwood floors throughout. Winged (separated) bedrooms for privacy ,or a quiet home office. Windowed Kitchen and Bath. Washer/Dryers permitted.

Come home to a huge marble lobby with stained glass ceiling, and a waiting concierge. This is a full service coop with resident manager and staff, laundry, bike room and storage. Pets allowed. Additonal entrance on Claremont Ave. Windowed Hallways with Original Tile..

The Building is crowned with a large common roofterrace wrapped in spectacular views of the River and George Washington Bridge. Furnished with Gazebo, tables, chairs and chaise lounges for entertaining and relaxing. The Paterno is considered one of New York's greatest Apartment Buildings. This 13 story iconic 1909 Renaissance Revival Cooperative with curved fa ade, elegant porte cochere entrance sits regally on the corner of 116th St. and Riverside Drive, directly across from the Park, and two short blocks to Columbia, Barnard and the #1 Train.

Riverside Park regarded as Manhattan's most spectacular waterfront park houses twenty-two recreational facilities including nearby tennis courts. The neighborhood is lively yet quiet with an old fashioned Village feel.. bookstores, cafes, restaurants,and tree lined Brownstone streets. Riverside Drive, prime Heights, remains a beautiful, historic and serene enclave removed from the noise and density of the City.

PHOTOS VIRTUALLYTAGED.





Features & Amenities

Interior Features

Dining Area Smoke Free Building Washer Dryer Install Allowed Building Other

Exterior Features

None

Building Amenities

Elevators Green Building 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 $2,015/mo
Original Price $1,150,000
Sale Price $1,100,000
Previous Price $1,150,000

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

53

Median Asking Price

$725K

Median $/Sqft

$1,156

Avg Days on Market

N/A

New This Week

4

Price Reduced

26%

Sold (30 Days)

5

Median Sale Price

$963K

Live data from RLS at REBNY • Updated 5/13/26, 4:57 PM EST

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Location

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440 RIVERSIDE Drive #97, Morningside Heights, New York County

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 $2,015 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 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 [email protected]. 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: RLS10977102
First Listed: 10/14/2023
On Market: 10/14/2023
Price Changed: 7/1/2024
Closed: 7/1/2024
Contract Date: 10/2/2023

Listing Courtesy of Douglas Elliman Real Estate - Lucy Aceto

Listing Contact: (917) 697-5258

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 5/13/2026 at 8:57 PM UTC

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