Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
440 Riverside Drive #C

For Sale · Listing by Sothebys International Realty

440 Riverside Drive #C

Morningside Heights, Manhattan

$499,000

Interested in this property?
Active For Sale Co-op

$499,000

440 Riverside Drive #C

Morningside Heights, Manhattan

The Paterno

MLS® #RLS20109940

RLS at REBNY

Listing by Sothebys International Realty

Studio
1
Bath
N/A
Sq. Ft.
1910
Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Lot Size 19,591.87 sq ft
Year Built 1910
Ownership Co-op
Maintenance $711/mo
Neighborhood Morningside Heights
Floor 1 of 13

Property Highlights

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

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 1 of 13
View City, River
Exposure North
Pets Yes, CatsOk, DogsOk
Year Built 1910
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Lot Size 19,591.87 sq ft
Block/Lot 01990/0001

Listing History

Event Date Price Change
Listed Aug 18, 2026 $499,000 -
Currently Aug 19, 2026 $499,000 -

Description

Live in a grand-sized, peaceful studio at The Paterno, the gracious and spectacular landmark cooperative located at 116th Street and Riverside Drive in the heart of Morningside Heights. This spacious studio features wood floors, a large separate kitchen, a full bathroom, offering the flexibility to create a comfortable one-bedroom layout. The Paterno is a full-service, 24-hour doorman and concierge cooperative with exceptional financials. Enjoy over 2,500 square feet of outstanding resident amenities, including a spectacular new roof deck with picnic tables and chairs and a dedicated sun deck, as well as a stunning, beautifully maintained lobby. Ideally located just one block from the subway and moments from Columbia University, the building offers convenient access to transportation, restaurants, shopping, and all that Morningside Heights has to offer. A rare opportunity to own a generously proportioned studio in one of Morningside Heights’ most distinctive and historic buildings.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common On Floor Common Area Flooring: Hardwood

Exterior Features

Building Roof Deck

Building Amenities

Bike Storage Concierge Elevators Package Room Storage

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

49

Median Asking Price

$1.20M

Median $/Sqft

$1,592

Avg Days on Market

N/A

New This Week

2

Price Reduced

35%

Sold (30 Days)

6

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 8/19/26, 6:22 AM EST

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Location

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440 Riverside Drive #C, 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 Milton Coste before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

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: Pets Allowed,Building Pets Allowed Comments:Pets Allowed. Contact Milton Coste 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: RLS20109940
First Listed: 8/18/2026
On Market: 8/18/2026
Price Changed: 8/18/2026
Contract Date: 8/12/2026

Listing Courtesy of Sothebys International Realty - Michael P Walsh

Listing Contact: 917-568-5664

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 8/19/2026 at 10:22 AM UTC

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Morningside Heights Market Update

6 sales last 30 days · $1.20M median · 8.2 months supply

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New listings in this building

Quick Facts

Status Active Type Co-op Neighborhood Morningside Heights Borough Manhattan
County New York
Floor 1 of 13
Year Built 1910
First Listed 8/18/2026
Maintenance $711/mo

Monthly Costs Estimate

Down Payment 20%

$99,800

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $711
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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