4 months on rocket

285 Riverside Dr Unit 5B, New York City, NY, 10025

$1,750,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
Condo
Schools Nearby

Location

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285 Riverside Dr Unit 5B, New York$1,750,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
Year Built1926
FireplaceDecorative
ViewRiver
MLS #COMP-1461246063641179505
StatusActive

About 285 Riverside Dr Unit 5B

Please Note: Images are renderings - the apartment is in need of a complete renovation. The apartment is currently uninhabitable. Discover the allure of Apartment 5B at 285 Riverside Drive—an iconic residence steeped in nearly a century of rich history, awaiting a transformative touch with your vision and your architects expertise. This classic six home, nestled in the heart of the picturesque Upper West Side, invites you to reimagine luxury living against the backdrop of western-facing vistas overlooking the Hudson River and Riverside Park. Reserved for those with an eye for architectural potential, this pet-friendly, full-service co-op building promises a canvas for rejuvenation and revitalization. Showcasing a spacious foyer with abundant coat closets, the entrance leads seamlessly to a gallery connecting bedrooms, maid's quarters, and kitchen—a perfect opportunity for your architect to weave their magic. Currently configured with two king-sized bedrooms boasting river views, a third bedroom or maid's quarters, a generously proportioned living room, and a formal dining room accessed through elegant French doors, the possibilities are as expansive as the views beyond. Craft a grand living and dining area that seamlessly transitions from everyday tranquility to soirées that linger in the memory. Beyond its aesthetic appeal, the building offers practical amenities: excellent financials, low maintenance fees, a laundry room, storage (waitlist), and a bike room. Conveniently located near multiple subway stops, Columbia University, and a myriad of supermarkets, cafes, and shopping options, this address is a testament to both style and substance. The board will consider co-purchasing, guarantors, pied-a-terre ownership, and financing of up to 67% of the purchase price.Showings are by appointment only. Please note: there is a flip tax of 2% of the purchase price payable by the buyer.

Property Details

Property Features

Property Information:

  • Year Built: 1926

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Andrew Gordon
  • Agent Phone: (516) 241-2947

Interior Features

Interior Information:

  • Flooring Type: Hardwood
  • Interior: High Ceilings
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: River

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Corner Lot

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,750,000

HOA Fees:

  • Amount: $3503
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

285 Riverside Dr Unit 5B vs New York

146 DAYS ON ROCKET

+50 Days

$1,750,000

+$900.8K More

KEY TAKEAWAY

This property is $900.8K more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1461246063641179505

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Andrew Gordon
  • Agent Phone: (516) 241-2947

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/3/2024, 5:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$12.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,313

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-5156908
7
/10
  • PS 75 Emily Dickinson

  • 735 W End Ave

  • 0.27 miles

  • Public District Grades KG-5

school-card-donut-5156909
9
/10
  • PS 163 Alfred E Smith

  • 163 W 97th St

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-5156910
5
/10
  • PS 145 Bloomingdale School (The)

  • 150 W 105th St

  • 0.37 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $108,929. The majority of New York, NY residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 285 Riverside Dr Unit 5B

What is the listing price of this property?

The listing price of 285 Riverside Dr Unit 5B property is $1,750,000.

What type of property is this?

The property 285 Riverside Dr Unit 5B is a condo located in New York City, New York, 10025.

Is this property for sale now?

Active Listing: 285 Riverside Dr Unit 5B is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 285 Riverside Dr Unit 5B has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The sq. ft. of 285 Riverside Dr Unit 5B is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 285 Riverside Dr Unit 5B is 1926.

Rocket HomesNew YorkNew York10025285 Riverside Dr Unit 5B

This home is located at 285 Riverside Dr Unit 5B in New York City, NY and zip code 10025 in the Upper West Side neighborhood. This home was built in 1926. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 08, 2023 and is currently priced at $1,750,000.

While more than 168 listings in New York, NY in April 2024 were sold above asking price, there were more than 758 listings sold at asking price, and more than 748 were sold below. The number of homes for sale in New York, NY increased by 3.8% between March 2024 and April 2024. In April 2024 median list price was $849,191 and the average listing age was 96 days.

From Rocket Homes Real Estate and based on county public records data.

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