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Prewar Cooperative Apartment

258 RIVERSIDE Drive 1CD, New York City, NY 10025

For Sale
$3,450,000

A twelve-room layout pairs a private elevator entry with park-facing reception spaces and a separate bedroom wing.

Property Size3,450 SF
Price / SF$1,000
Days on Market176

Property Features for 258 RIVERSIDE Drive 1CD

General Information

Standard status Active
Size 3,450 SF
Elevators Yes
Property subtype Apartment

Additional Details

Multifamily Units 1

Amenities

part-time doorman
bike room
private storage
central air conditioning

Building Details

Building Size 3,450 SF
Year Built 1909
Construction Renaissance Revival
Listing Agency: Kleier Residential Inc
Listed By: Samantha Kleier Forbes
Source: Dallien
Added: May 18 Changed: Nov 7 Last Checked: Nov 8 at 7:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kleier Residential Inc

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Investment Insights

Based on property information with market context.

This second-floor cooperative apartment measures 3,450 square feet and contains 12 rooms. A private elevator landing opens to an entrance gallery, with formal reception rooms, a dining room, a mahogany-paneled library, and a study. The windowed kitchen has granite counters, Sub-Zero refrigeration, a six-burner Viking range, and Miele appliances. The residence also includes a primary suite, four additional bedrooms, three full baths, central air conditioning, and a decorative fireplace. Prewar details include roughly 10-foot ceilings, herringbone and inlaid hardwood floors, curved windows, beams, and detailed millwork.

The apartment has west-facing views over Riverside Park. The building, known as The Peter Stuyvesant, is in the Upper West Side and has a part-time doorman, bike room, and private storage. Nearby destinations named include Whole Foods, Dagon, and Mama’s Too.

A proposed alternate floor plan is presented as a conceptual design, not as an existing configuration. It depicts a five-bedroom arrangement with an open kitchen and breakfast area; feasibility and approvals would require professional evaluation.

Key Highlights

  • 3,450‑square‑foot, 12‑room second‑floor cooperative apartment
  • West‑facing views over Riverside Park
  • Private elevator landing and entrance gallery

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$113,565
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,271,300 $2.3M
Cap Rate 7%
$1,622,357 $1.6M
Cap Rate 9%
$1,261,833 $1.3M
Market Conditions
NOI Build-Up for 3,450 SF
Gross rent
$217.4K $63.00/SF
− Vacancy
−$10.9K −$3.15/SF
EGI
$206.5K $59.85/SF
− OpEx
−$92.9K −$26.93/SF
NOI
$113.6K $32.92/SF
Area
ZIP 10025
Vacancy
5.00%
Lease Rate
$63.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,271,300
Cap Rate 7%
$1,622,357
Cap Rate 9%
$1,261,833

Alternative Uses

Best Use
Apartment 5plus
$1.62M
$1.42M – $1.89M (±1% cap)
NOI $113,565 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.45M
$2.15M – $2.86M (±1% cap)
NOI $171,708 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

7,426
Businesses Nearby

Demographics for 10025, NY

95,424
Population
47,649
Households
2
Avg Household Size
41
Median Age
69%
College-Educated
92%
High-School Grad
0.9 sq mi
ZIP Area
106,027
Density / Sq Mi
$109,195
Median Household Income
$64,827
Median Earnings
$2,009
Median Rent
$1,125,200
Median Home Value

Market

Average Price Trend$/SF for Residential income properties in New York City, NY

$1,262 Jul
$1,095 Aug
$1,095 Sep
$1,041 Oct

Properties on Market for Residential income properties in New York City

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - A twelve-room layout pairs a private elevator entry with park-facing reception spaces and a separate bedroom wing.
Where is this residential income property located?
The property is located at 258 RIVERSIDE Drive 1CD New York City, NY.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: 3,450‑square‑foot, 12‑room second‑floor cooperative apartment; West‑facing views over Riverside Park; Private elevator landing and entrance gallery
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