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Cooperative · 1950
The Schwab House
11 Riverside Drive / 285 West End Avenue, New York, NY 10023

11 Riverside Drive (The Schwab House)

11 Riverside Drive / 285 West End Avenue, New York, NY 10023

Upper West Side

BBL 1011840031 · BIN 1030994

At a glance
Year built
1950
Type
Cooperative
Units
654
Floors
17
Landmark status
Requires confirmation
City records and our profile differ. Confirm with building management.
Subletting by shareholders
Permitted with conditions
Pied-à-terre
Permitted
Pets
Pets permitted; species and limits not stated
Doorman
Doorman (hours not stated)

The Schwab House sales history: 594 recorded transfers

Own an apartment at The Schwab House?
Enter your apartment to see its recorded sale history and today’s estimate.
The Data Room

Every recorded sale at this building, 2003–2026

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

1BR · combo median
$745K
Recent range
$490K – $3.9M
Listing discount
1.7%
Recorded transfers
594
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at The Schwab House would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.

As cited in The Wall Street Journal★ 92 reviews on Google

The Schwab House is, at 654 apartments, among the largest private cooperatives in New York City and one of the most operationally flexible large-scale Upper West Side cooperatives. Beneath that scale runs the Charles M. Schwab mansion site provenance — the building replaced Schwab's 75-room French chateau (1902-1906, Maurice Hébert) that, per period press, made Andrew Carnegie's Fifth Avenue mansion "look like a shack." Schwab — president of U.S. Steel and founder of Bethlehem Steel — bequeathed the chateau to the city as a mayoral residence; Mayor LaGuardia refused, and the chateau was demolished in March 1948, its passing described by Robert A.M. Stern, Thomas Mellins, and David Fishman in New York 1960 as "largely unnoticed and completely unprotested." What animates the building today is its comprehensive policy permissiveness — pied-à-terre allowed, co-purchasers and guarantors permitted, parents-buying-for-children permitted, pet-friendly — an unusual degree of flexibility for a Riverside Drive cooperative. And its 654-apartment footprint sustains genuine operational depth: two doorman entrances, concierge, live-in superintendent, 24-hour elevator operators, 24-hour handyman, on-site private management, two landscaped roof decks with river and city views, four landscaped gardens, gym, community room / playroom, two laundry rooms, bike room, storage, and a lending library with more than 8,000 books.

Architecture and building operations

The 1950 Sylvan Bien design produced a 17-story coop on the former Schwab mansion site. The chateau combined details from the Loire Valley — Chenonceau, Blois, Azay-le-Rideau — at a cost of approximately six million dollars in 1906 dollars. After Schwab's death the city declined the mayoral-residence bequest; the property was sold to the New York Orphan Asylum site holding entity and ultimately to Perlbinder for the residential conversion.

Bien's replacement covers approximately 60% of the block, with deeply indented street frontages and landscaped courtyards on all sides. public records (public records, December 23, 2011; rating 77) calls 11 Riverside "Lots of red bricks in a huge, full-block building." There is no Riverside Drive entrance — the canopied West End Avenue entrance is flanked by sidewalk landscaping, with a secondary entry at 312 West 73rd Street beneath a stainless-steel porte-cochère.

The 654-apartment scale supports a substantial operational baseline:

  • Two doorman entrances
  • Concierge
  • Live-in superintendent
  • 24-hour elevator operators
  • 24-hour handyman
  • On-site private management
  • Two landscaped roof decks with river and city views
  • Four landscaped gardens
  • Gym
  • Community room / playroom
  • Two laundry rooms
  • Bike room
  • Storage
  • Lending library with more than 8,000 books

The lending library is a structurally distinguishing amenity uncommon among peer Upper West Side cooperatives.

Policy framework

Verified across architectural coverage and broker reporting:

  • Type: Cooperative — board interview required
  • Pets: Welcomed
  • Pied-à-terre: Permitted (unusual permissiveness for a large UWS coop)
  • Co-purchasers: Permitted
  • Guarantors: Permitted
  • Parents-buying-for-children: Permitted
  • Subletting: Board approval required
  • Trust, LLC, foreign buyers: Case-by-case
  • Post-closing liquidity: Standard UWS reserves customary
  • Board interview: Required

The combination of permitted pied-à-terre, co-purchasers, guarantors, and parents-buying-for-children is structurally distinguishing for a Riverside Drive cooperative and produces one of the most flexible large-scale UWS buyer profiles.

Application and transaction fees

Fees below are from building management's published schedule, as of October 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.

Purchase

16 items

Fees and charges

ItemPaid byWhenAmountRefundable
Application FeePaid by BuyerWhen With the applicationAmount $800Refundable Non-refundable
Credit Report FeePer applicantRequiredPaid by BuyerWhen With the applicationAmount $100 per applicantRefundable Non-refundable
Recognition FeeConditionalPaid by BuyerWhen With the applicationAmount $300 (if financing)Refundable Non-refundable
Move In FeePaid by BuyerWhen At move-out and move-inAmount $500Refundable Non-refundable
Move Out FeePaid by SellerWhen At move-out and move-inAmount $500Refundable Non-refundable
Criminal Background Check FeePer applicantUpon Conditional ApprovalRequiredPaid by BuyerWhen Upon approvalAmount $100 per applicantRefundable Non-refundable
Closing Cancellation FeeConditionalPaid by BuyerWhen At closingAmount $500, only if applicableRefundable Non-refundable
Long Closing FeeConditionalPaid by BuyerWhen At closingAmount $50 (per half hour beyond two hours), only if applicableRefundable Non-refundable
Questionnaire FeePaid by BuyerWhen At closingAmount $100 (Generic), $350 (Custom)Refundable Non-refundable
Title Closer FeeConditionalPaid by BuyerWhen At closingAmount $150, only if applicableRefundable Not stated
Closing FeePaid by SellerWhen At closingAmount $1,000Refundable Non-refundable
Electric BillPaid by SellerWhen At closingAmount Final sub metered bill will be issued on the day of closingRefundable Not stated
Flip Tax FeePer sharePaid by SellerWhen At closingAmount $20 per shareRefundable Non-refundable
Tax Stamp FeePer sharePaid by SellerWhen At closingAmount $.05 per shareRefundable Non-refundable

Deposits

ItemPaid byWhenAmountRefundable
Move In DepositPaid by BuyerWhen At move-out and move-inAmount $1,000Refundable Refundable
Move Out DepositPaid by SellerWhen At move-out and move-inAmount $1,000Refundable Refundable

Sublet

8 items

Fees and charges

ItemPaid byWhenAmountRefundable
Application FeePaid by ShareholderWhen With the applicationAmount $500Refundable Non-refundable
Sublet FeeRecurringRequiredPaid by ShareholderWhen With the applicationAmount 15% of annual for the first year. 20% of annual for the second year. 25% of the annual fee for the third (final) year.Refundable Non-refundable
Credit Report FeePer applicantRequiredPaid by SubtenantWhen With the applicationAmount $100 per applicantRefundable Non-refundable
Criminal Background Check FeePer applicantUpon Conditional ApprovalRequiredPaid by SubtenantWhen Upon approvalAmount $100 per applicantRefundable Non-refundable
Move In FeePaid by SubtenantWhen Upon approvalAmount $500Refundable Non-refundable

Deposits

ItemPaid byWhenAmountRefundable
Move In DepositPaid by SubtenantWhen Upon approvalAmount $1,000Refundable Refundable

Sublet renewal

Fees and charges

ItemPaid byWhenAmountRefundable
Application Processing FeePaid by ShareholderWhen With the applicationAmount $150Refundable Non-refundable
Sublet FeeRecurringRequiredPaid by ShareholderWhen With the applicationAmount 20% of annual for the second year. 25% of the annual fee for the third (final) year.Refundable Non-refundable

Refinance

15 items

Fees and charges

ItemPaid byWhenAmountRefundable
Application FeePaid by ShareholderWhen With the applicationAmount $500Refundable Non-refundable
Credit Report FeePer applicantPaid by ShareholderWhen With the applicationAmount $100 per applicantRefundable Non-refundable
Recognition Agreement FeePaid by ShareholderWhen With the applicationAmount $300Refundable Non-refundable
Questionnaire FeePaid by ShareholderWhen At closingAmount $100 (Generic), $350 (Custom)Refundable Non-refundable

Deposits

ItemPaid byWhenAmountRefundable
HUD, Note DepositPaid by ShareholderWhen With the applicationAmount $1,000Refundable Refundable

Management's “less refinance” schedule

Fees and charges

ItemPaid byWhenAmountRefundable
Application FeePaid by ShareholderWhen With the applicationAmount $500Refundable Non-refundable
Credit Report FeePer applicantRequiredPaid by ShareholderWhen With the applicationAmount $100 per applicantRefundable Non-refundable
Recognition Agreement FeePaid by ShareholderWhen With the applicationAmount $300Refundable Non-refundable
Questionnaire FeePaid by ShareholderWhen At closingAmount $100 (Generic), $350 (Custom)Refundable Non-refundable

Deposits

ItemPaid byWhenAmountRefundable
HUD, Note DepositPaid by ShareholderWhen Upon approvalAmount $1,000Refundable Refundable

Management's “more refinance” schedule

Fees and charges

ItemPaid byWhenAmountRefundable
Application FeePaid by ShareholderWhen With the applicationAmount $500Refundable Non-refundable
Credit Report FeePer applicantPaid by ShareholderWhen With the applicationAmount $100 per applicantRefundable Non-refundable
Recognition Agreement FeePaid by ShareholderWhen With the applicationAmount $300Refundable Non-refundable
Questionnaire FeePaid by ShareholderWhen At closingAmount $100 (Generic), $350 (Custom)Refundable Non-refundable

Deposits

ItemPaid byWhenAmountRefundable
HUD, Note DepositPaid by ShareholderWhen Upon approvalAmount $1,000Refundable Refundable

Ownership transfer

6 items

Fees and charges

ItemPaid byWhenAmountRefundable
Closing FeePaid by ShareholderWhen With the applicationAmount $200Refundable Non-refundable
Credit Report FeePer applicantRequiredPaid by ShareholderWhen With the applicationAmount $100 per applicantRefundable Non-refundable
Trust Application FeeConditionalConditions: Payable if changing to a trustPaid by ShareholderWhen With the applicationAmount $750Refundable Not stated
Criminal Background Check FeePer applicantUpon Conditional ApprovalRequiredPaid by ShareholderWhen Upon approvalAmount $100 per applicantRefundable Non-refundable
Lien Search FeePaid by ShareholderWhen Before closingAmount $350 (estimated amount)Refundable Non-refundable
Questionnaire FeePaid by ShareholderWhen At closingAmount $100 (Generic), $350 (Custom)Refundable Non-refundable

Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.

Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.

Own an apartment here? Request an apartment-specific pricing review.

The Roebling Team at Compass is a brokerage. We are not the building’s management or its application office.

Sublet and pied-à-terre policy

A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.

Subletting by shareholders
Permitted with conditionsBoard approvalSource: The Roebling Team's building profile
Pied-à-terre ownership
PermittedSource: The Roebling Team's building profile

Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.

The Roebling Team at Compass is a brokerage. We are not the building’s management or its application office.

Pets and in-unit washer/dryer

Pets
Pets permitted; species and limits not statedSource: The Roebling Team's building profile
In-unit washer/dryer
Not verified

Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.

The Roebling Team at Compass is a brokerage. We are not the building’s management or its application office.

Monthly carrying charges in recent sales

Maintenance, per room
$592 per room a monthMedian of 52 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance, per square foot
$2.44 per square foot a monthMedian of 9 recorded sales since October 2023Source: recorded sales, refreshed October 2026

Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.

Building staffing and amenities

Doorman
Doorman (hours not stated)Source: The Roebling Team's building profile
Concierge
YesSource: recent listing records
Live-in superintendent
YesSource: The Roebling Team's building profile
Elevator
YesSource: NYC Department of City Planning records (PLUTO)
Amenities noted
Fitness room, playroom, roof deck, garden, bike storage, laundry roomSource: The Roebling Team's building profile

Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
—

Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.

See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2025–30
Safe
What this means for you

The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.

Inspection history
2010–15
Safe
2015–20
Safe
2020–25
Safe
2025–30
Safe
2030–35
Due
Next report due
by Feb 2032
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs are due by the deadline stated in the filing.
UnsafeLatest filing: unsafe conditions requiring corrective action.
How to read this, and where it comes from

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).

Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.

See the full facade history →

Recent sales

Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.

DateUnitApartmentPricePPSFvs. Ask
Sep 29, 20265PW
1 BR · 1 BA
$675,000+1.5%
Sep 15, 202617OW
1 BR · 1 BA
$800,000+0.0%
Aug 27, 20261DW
1 BA
$570,000-0.9%
Jun 4, 202617E
1 BA · 445 sf
$600,000$1,348/sf+2.6%
May 28, 20266FE
2 BR · 1 BA
$1,056,250-4.0%
May 22, 20266HW
1 BA
$575,000+0.0%
May 21, 20264KW
1 BR · 1 BA
$760,000-4.9%
May 6, 202610BE
2 BR · 2 BA · 1,150 sf
$1,395,000$1,213/sf+0.0%

Market read. Most recent trades (2026 to date) cleared a median $1,025/sf (floor-adjusted) across 3 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 1.6% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Other recent transfers

DateUnitPrice
Dec 17, 20092KW$590,000
Dec 7, 200916RW$785,000
Aug 25, 20051VE$1,450,000
Mar 8, 20051MW$895,000
Sep 2, 2003PH17CW$895,000
May 7, 20037TW$645,000
View all 594 recorded transfers, sortable

Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01184-0031). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.

For owners

What would your apartment rent for?

Enter your apartment and I'll send you what it would rent for, from comparable closed leases at The Schwab House and nearby.

What would buying here cost?

At the recent median sale of $745K (37 transfers since 2024), a buyer putting 25% down would pay about $11,344 to close, or 1.5% of the price.

  • Mansion tax: $0
  • No mortgage recording tax or title insurance on a co-op purchase
  • Attorneys, lender, building fees and filings: $11,344

Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.

The Roebling Report

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Notable residents

The building has maintained a relatively private resident profile across its 654-unit scale, consistent with the operational discretion of a large UWS cooperative.

Architectural register

public records (December 23, 2011) reads The Schwab House as "lots of red bricks in a huge, full-block building" with the Charles M. Schwab mansion site provenance as the dominant historical context.

What to know if you’re buying

The Schwab mansion site provenance is real institutional context. No other Riverside Drive cooperative occupies a site of comparable Gilded Age architectural and cultural significance.

The policy permissiveness is structurally distinguishing. Pied-à-terre, co-purchasers, guarantors, and parents-buying-for-children all permitted — uncommon for a Riverside Drive cooperative.

The 654-apartment scale supports comprehensive operational infrastructure. Two doorman entrances, two roof decks, four landscaped gardens, gym, lending library.

The full-block configuration with deeply indented street frontages produces structurally distinct light and air. Verify line-specific exposure during walkthrough.

The Sylvan Bien postwar architectural pedigree connects to other Bien Manhattan work including the 1959 reskinning of 910 Fifth Avenue and the Carlyle Hotel-era prestige residential tradition.

Closing timelines are cooperative-standard. Plan for 6 to 10 weeks from contract through board approval to closing.

What to know if you’re selling

Marketing should emphasize the Schwab mansion site provenance, the policy permissiveness, and the lending library. All three are structural advantages.

The two roof decks with river and city views are real amenity features. Position accordingly.

Pricing should reference recent public records / Compass / data. Apartment-line-specific comparables should anchor positioning.

Closing timelines are cooperative-standard.

Comparable buildings


Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.

More West End Avenue buildings

The neighborhood

For the full corridor — architecture, transit, and pricing across West End Avenue — read The Roebling Team Guide to West End Avenue.

Preparing a board package for this building?

The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.

How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.

Considering a move at The Schwab House?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com