440 Riverside Drive, Unit 48

Morningside Heights

$3,950,000
Price
4
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Experience the exception. On rare occasion does a home come to market which combines meticulous renovation, pre-war grandeur, and an enchanting flow. It has been years since an offering of this scale and condition has been available at The Paterno, the most regal and architecturally distinctive building on Riverside Drive.


Now available for your living pleasure is a spectacular 4 bed 3 full bath apartment with a private balcony, in an elegant prewar gem across from Riverside Park! Enjoy a superior
...Experience the exception. On rare occasion does a home come to market which combines meticulous renovation, pre-war grandeur, and an enchanting flow. It has been years since an offering of this scale and condition has been available at The Paterno, the most regal and architecturally distinctive building on Riverside Drive.



Now available for your living pleasure is a spectacular 4 bed 3 full bath apartment with a private balcony, in an elegant prewar gem across from Riverside Park! Enjoy a superior standard of living in the landmark neighborhood Morningside Heights and a handsome landmarked building with the finest amenities. This residence is a dream that hardly comes along, and nothing short of breathtaking. This magnificent, meticulously-designed home boasts the great character afforded by prewar details, met by a full, impeccable renovation with all the modern luxuries for discerning tastes. Equally striking is the thoughtful, sprawling layout that flows seamlessly for living/entertaining, and offers a quiet, private bedroom wing. 





Welcoming your arrival is a gracious entry foyer featuring stunning marble floors and a large closet. To the right sits a sun-soaked den/office through French doors, and at left, a beautiful full bath complete with a concealed full-size washer & vented dryer. The main set of glass-paneled French doors straight off the foyer opens to an exquisite light-blasted great room with stretching walls of windows and a huge expanse for hosting parties! Generous open living and dining areas, flanking a fabulous fireplace and built-in TV above, are bathed in light and enriched by gleaming hardwood floors. Connected is the ultimate open chef’s dream kitchen, a sparkling white jewel appointed with top-of-the-line custom cabinetry, finishes, countertops & appliances, plus a breakfast bar with counter seating. French doors off the living area lead out to the long balcony with wrought-iron railings, where you can enjoy watching the sun rise over distinctive Columbia buildings with morning coffee, or see it set over Riverside Park with an evening cocktail. 





Retreat to the sleeping quarters to find 3 well-proportioned bedrooms, a high-end full bath with radiant heat floors, and luxurious master suite privately set at the wing’s far end. Refresh in the sleek marble master bath styled with radiant heat floors, double sinks, and an oversized spa shower. 





Built by the Paterno brothers in 1909 and conceived by famed Morningside Heights architects Schwartz & Gross, the 13-story Paterno was converted to an exclusive cooperative in 1979. Its grand presence commands the northern side of West 116th Street and Riverside Drive, with a distinguished façade curving towards Claremont Ave and Columbia University, and a marvelous porte-cochere entrance. The opulent marble lobby with stained glass ceiling is being redone, as are the hallways. A gym is also in the works! Other amenities include a 24-hour doorman, live-in super, elevator, roof deck, central laundry, bike room, and storage. Pets are allowed.





The supreme location is near Columbia University, nestled amidst architecturally outstanding buildings, and directly across from Riverside Park with a playground, tennis & basketball courts, soccer fields, running & bike paths, a skateboard park & more!

Listing Agents

  1. Stephen Ferrara

    Stephen Ferrara

    Listing Agent

    Compass

    stephen@compass.com

    P: 646.761.7038

  2. Clayton Orrigo

    Clayton Orrigo

    Listing Agent

    Compass

    clayton@compass.com

    P: 212.960.3306

Amenities

  • Primary Ensuite
  • Full-Time Doorman
  • Park Views
  • Balcony
  • Common Roof Deck
  • Fireplace
  • Crown Mouldings
  • Built-Ins

Location

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LISTING UPDATED: 07/27/2020 08:19 AM

Property Details for 440 Riverside Drive, Unit 48

StatusExclusive Expired
Days on Market86
Taxes-
Maintenance$3,842 / month
Min. Down Pymt25%
Total Rooms9.0
Compass TypeCo-op
MLS Type-
Year Built1910
CountyNew York County

Building

The Paterno

106 Units13 StoriesBuilt in 1910

Location

Add your commute

Building Information for 440 Riverside Drive, Unit 48

Building/ComplexThe PaternoFloor-Stories13Residences106Pet PolicyAllowedYear Built1910Building AgePre-warBuilding TypeMidrise

Payment Calculator

$24,051 per month

30 year fixed, 7.25% Interest

Principal and Interest

$20,209

Property Taxes

$0

Maintenance/Common Charges

$3,842

The Payment Calculator is for illustrative purposes only.

Property History for 440 Riverside Drive, Unit 48

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 440 Riverside Drive, Unit 48

This home is within New York City Geographic District # 3.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 12
Public - PK to 5
Rating
School
Distance
P.S. 36 Margaret Douglas
PublicPK to 5

Urban Assembly Academy for Future Leaders
Public6 to 8

Columbia Secondary School
Public6 to 12

P.S. 125 Ralph Bunche
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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