Two-Bedroom Cooperative
790 Riverside Drive 1J, Manhattan, NY 10032
For Sale
$899,000
Second-floor cooperative residence with restored period details, a windowed kitchen, and full-time doorman service.
Property Size1,500 SF
Price / SF$599.33
Days on Market126
Property Features for 790 Riverside Drive 1J
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
HOA Fee
Public Transit
Amenities
doorman
live-in super
washer/dryer
Building Details
Building Size
Year Built
Construction
Listing Agency:
Sothebys International Realty
Listed By:
Kristi Ambrosetti
(917) 763-8504
Source:
Bondnyre
Added: Jul 7
Changed: Nov 9
Last Checked: Nov 8 at 3:50PM
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
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Investment Insights
Based on property information with market context.
This 1,500-square-foot, two-bedroom residence occupies the second floor of a 1911 Beaux-Arts cooperative building. The layout includes a formal entry gallery, oversized living room, dining room, separate bedroom wing, windowed kitchen, pantry, and washer/dryer. Original oak paneling, crown molding, high ceilings, French doors, and ebony-stained hardwood floors remain throughout. The kitchen is equipped with full-size appliances, while the renovated windowed bathroom includes a soaking tub and shower.
The building features a full-time doorman and live-in superintendent. The residence is in the landmarked Audubon Park Historic District on Riverside Drive, one block from the 1 train and approximately 20 minutes from Midtown. Riverside Park and the Hudson River are steps away, and the bedrooms overlook the Academy of Arts and Letters.
The building features a full-time doorman and live-in superintendent. The residence is in the landmarked Audubon Park Historic District on Riverside Drive, one block from the 1 train and approximately 20 minutes from Midtown. Riverside Park and the Hudson River are steps away, and the bedrooms overlook the Academy of Arts and Letters.
Key Highlights
- 1,500 SF two‑bedroom residence on the second floor
- 1911 Beaux‑Arts cooperative building
- Restored oak paneling, crown molding, French doors, and ebony‑stained hardwood floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,931
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$938,620
$938.6K
Cap Rate 7%
$670,443
$670.4K
Cap Rate 9%
$521,456
$521.5K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$89.8K $59.88/SF
− Vacancy
−$4.5K −$2.99/SF
EGI
$85.3K $56.89/SF
− OpEx
−$38.4K −$25.60/SF
NOI
$46.9K $31.29/SF
Area
New York, NY
Vacancy
5.00%
Lease Rate
$59.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$938,620
Cap Rate 7%
$670,443
Cap Rate 9%
$521,456
Alternative Uses
Best Use
Apartment 5plus
$670.4K
$586.6K – $782.2K
NOI $46,931 @ 7.0% cap · market cap 5.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$917.6K – $1.22M
NOI $73,408 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
8,722
Businesses Nearby
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Business Placement
Demographics for 10032, NY
55,170
Population
23,178
Households
2.4
Avg Household Size
38
Median Age
40%
College-Educated
76%
High-School Grad
0.7 sq mi
ZIP Area
78,814
Density / Sq Mi
$56,588
Median Household Income
$40,755
Median Earnings
$1,546
Median Rent
$545,500
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Manhattan, NY
Properties on Market for Residential income properties in Manhattan
Frequently Asked Questions
What type of property is this?
Residential income property - Second-floor cooperative residence with restored period details, a windowed kitchen, and full-time doorman service.
Where is this residential income property located?
The property is located at 790 Riverside Drive 1J Manhattan, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 1,500 SF two‑bedroom residence on the second floor; 1911 Beaux‑Arts cooperative building; Restored oak paneling, crown molding, French doors, and ebony‑stained hardwood floors
