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Studio Residential Income Property
New
For Sale
$499,000

440 Riverside Drive C, New York City, NY 10027

The unit includes wood flooring, a separate kitchen, and a full bathroom.

Property SizeContact for details
Days on Market4

Property Features for 440 Riverside Drive C

General Information

Standard status Active
Property subtype Apartment

Units

Unit Mix 1 x studio
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

roof deck
sun deck
doorman
concierge

Building Details

Year Built 1910
Listing Agency: Sothebys International Realty
Listed By: Michael P Walsh
Source: Carlinwright
Added: Aug 18 Changed: Aug 21 Last Checked: Aug 21 at 7:32AM

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 Sothebys International Realty

Investment Insights

Based on property information with market context.

This residential income property is a studio residence at The Paterno, a cooperative building at 440 Riverside Drive C. The unit has wood floors, a separate kitchen, and a full bathroom. Its generously proportioned layout also offers flexibility for a one-bedroom configuration.

The building was completed in 1910 and provides full-service staffing with a 24-hour doorman and concierge. Residents have access to over 2,500 square feet of amenities, including a roof deck with picnic tables and chairs, a dedicated sun deck, and a well-maintained lobby.

The property is one block from the subway and near Columbia University, restaurants, shopping, and other services in Morningside Heights.

Key Highlights

  • Studio residence with wood flooring, a separate kitchen, and a full bathroom
  • Flexible layout with potential for a one‑bedroom configuration
  • The Paterno cooperative building was completed in 1910

Property Analytics

Current Use

The Paterno Apartment Building Grodberg David MD Physician Brownell Mentors Training Center Diane Malkiewicz Marketing & Advertising Dorothy Doppstadt Consultant

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Auto Parts Store HVAC Service Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

6,556
Businesses Nearby

Demographics for 10027, NY

64,037
Population
28,038
Households
2.3
Avg Household Size
32
Median Age
52%
College-Educated
87%
High-School Grad
0.9 sq mi
ZIP Area
71,152
Density / Sq Mi
$64,220
Median Household Income
$44,231
Median Earnings
$1,609
Median Rent
$915,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - The unit includes wood flooring, a separate kitchen, and a full bathroom.
Where is this residential income property located?
The property is located at 440 Riverside Drive C New York City, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Studio residence with wood flooring, a separate kitchen, and a full bathroom; Flexible layout with potential for a one‑bedroom configuration; The Paterno cooperative building was completed in 1910
More about this property
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