Manhattan condos · below 96th $1,600/sf ▴2%Manhattan co-ops · below 96th $270K/room ▴2%Central Park perimeterPark Ave $472K/room ▴18%CPW $355K/room ▾5%Fifth Ave $501K/room ▴19%Billionaires' Row $4,313/sf ▴24%East Village $1,663/sf ▴10%
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Cooperative · 1910
114 Morningside Drive
114 Morningside Drive, New York, NY 10027

114 Morningside Drive

114 Morningside Drive, New York, NY 10027

BBL 1019630055 · BIN 1059524

At a glance
Year built
1910
Type
Cooperative
Units
30
Floors
6
Landmark
No
Considering a sale?

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

A Private Pricing Opinion — what your apartment at 114 Morningside Drive 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.

114 Morningside Drive is one of the few owner-occupied apartment houses on its blockfront. Morningside Drive between 120th and 122nd Streets is lined with six- to nine-story prewar buildings of the same generation, and city records show most of them held by Columbia University and Teachers College as institutional housing. The cooperative at No. 114 is the exception, which makes it one of a small number of ways to own a park-facing prewar apartment on this stretch of the Drive.

The view is the building's main asset. Morningside Drive runs along the top of the Morningside Park escarpment, and buildings on its west side look east over the park and down toward Harlem. The long frontage — about 179 feet on a six-story building — puts a large share of the apartments on the park side.

The structural story is short and clean. ACRIS shows share transfers between unrelated individual buyers and sellers in most years since 2004, across 18 of the 30 apartments, with no sponsor or investor entity selling blocks of shares. The corporation itself bought one apartment in 2010 and resold it in 2014; otherwise every recorded trade is between individuals. This is a functioning ownership building with no sponsor overhang visible in the record.

Architecture and unit composition

The building is a six-story prewar elevator house with a stucco-clad exterior — DOB's 2014 façade filing describes the Local Law 11 work as stucco repairs along the exterior elevations. A 2007 DOB filing covered a roof replacement, removal of the old dumbwaiter assemblies, and a new fiberglass cornice assembly at the roofline, which tells you the original cornice had been lost and was replaced in lightweight material.

The apartment plan is a regular grid: five lines per floor, numbered by floor and line (apartment 35 is the fifth line on the third floor). On a lot this wide, that means relatively broad apartments rather than deep ones. Lines and exposures vary; confirm from a floor plan which lines face the park and which face the rear.

Building operations

Capital work on record. DOB filings show masonry repairs in 2000, façade repair campaigns with long sidewalk sheds in 2005 and 2007, the 2007 roof and cornice work, the 7th-cycle Local Law 11 stucco repairs in 2014, and a new basement laundry room in 2014–15. A sidewalk shed was filed again in 2017. Ask the managing agent where the building stands in the current façade cycle.

Underlying mortgage. ACRIS shows no mortgage recorded against the building since 1993, when the last building-level loan was satisfied. That can mean the corporation carries no underlying mortgage, or that any current debt is an unrecorded line of credit. For a buyer it is the single most useful question to settle: a debt-free co-op carries lower maintenance risk at refinancing time, and the answer is in the financial statements.

J-51. DOF's historical J-51 records show two small grants — one starting in 1990 on about $22,000 of qualifying work, one starting in 2004 on about $11,000 — both fully used by tax years 2001 and 2014. DOF's current abatement detail carries no J-51 on this lot. Carrying costs here are fully taxed; there is no burn-off ahead.

Policy framework

Board package and interview. A purchaser buys shares and a proprietary lease, subject to board approval after a full package and an interview. Budget four to eight weeks from a signed contract to a board decision.

Financing, liquidity, sublets, pied-à-terre, trusts and the flip tax. None is published and none is documented in any record available to us. The financing ceiling, post-closing liquidity requirement, sublet policy, flip tax, pied-à-terre and trust or LLC ownership rules all come from the managing agent. Get them in writing before the offer.

Recent sales

Pricing at 114 Morningside Drive is best read per room. Value turns on whether an apartment faces the park, its floor, and the age of its renovation; park-facing upper-floor apartments set the top of the range. The comparable set is small because most of the neighboring buildings do not sell apartments at all, so the right benchmarks are prewar cooperatives in the Morningside Heights Historic District to the south and west, adjusted for the park frontage. Index any market read to the last complete year — a thirty-apartment building trades only a few times a year.

Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

63+42%
$575,000 2010 → $690,000 2013 → $787,000 2017 → $813,750 2018
4+21%
$650,000 2014 → $788,000 2017
25+16%
$525,000 2014 → $610,000 2018
33+13%
$585,100 2006 → $660,000 2021

Recent transfers at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
Feb 10, 202532$1,315,000
Jul 12, 202435$675,000
Jun 22, 202133$660,000
Dec 27, 201825$610,000
Oct 5, 201863$813,750
Oct 23, 201763$787,000

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01963-0055) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.

Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.

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What to know if you’re buying

Confirm the debt position first. No recorded mortgage since 1993 is unusual for a Manhattan co-op. Ask for the last two years of audited statements and confirm whether the corporation carries any loan or line of credit.

Ask where the façade cycle stands. The exterior is stucco and has needed repeated Local Law 11 work. Find out whether the current cycle is filed, done, or ahead of you in an assessment.

Get the policy stack in writing. Nothing about financing, subletting or the flip tax is public for this building.

What to know if you’re selling

Lead with the park. Park-facing apartments on this stretch of the Drive are scarce because most of the blockfront is institutional housing that never comes to market.

Have the financials ready. A buyer's attorney will ask about the underlying mortgage and the façade program. A clean answer on both is part of the pitch.

Comparable buildings

More Upper West Side buildings

The neighborhood

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

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 114 Morningside Drive?

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, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com