Cooperative · 1909
The Dorchester
131 Riverside Drive, New York, NY 10024
Buildings·Cooperative

131 Riverside Drive

131 Riverside Drive, New York, NY 10024

At a glance
Year built
1909
Type
Cooperative
Units
55
Landmark
Designated
The Data Room

Every recorded sale at this building, 2003–2025

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

Recent range
$2.4M – $6.4M
Listing discount
3.2%
Recorded transfers
26

131 Riverside Drive — The Dorchester — is a 1909 pre-war cooperative on the northeast corner of West 85th Street, one of the more attractive masonry buildings on a stretch of Riverside Drive defined by them. Designed by Neville & Bagge for the developers A.C. and H.M. Hall during the burst of development that transformed the Drive's single-family blocks into grand apartment houses, it pairs a finely detailed limestone facade with the park-front position that gives Riverside Drive its enduring premium.

The case is the Drive's case. Buyers get a full-service pre-war co-op directly on Riverside Park, with the open western light and Hudson views the location affords, inside a protected historic district, a short walk from the Broadway retail spine and the 86th Street subway. At 55 apartments across thirteen stories, it is intimate without being tiny, and its 1968 conversion makes it a long-established, owner-occupant co-op.

Architecture and unit composition

Neville & Bagge — a firm that designed a great many of the Drive's early apartment houses — gave The Dorchester a dignified Beaux-Arts presence: a masonry facade with superb limestone detail and patterned brickwork, scaled to the boulevard width of Riverside Drive and the park across from it. It reads as one of the Drive's most graceful early towers.

The 55 apartments span the spacious pre-war layouts characteristic of 1909 construction — high ceilings, hardwood floors, generous and well-separated rooms, and deep western light on the park-facing lines. The corner position at 85th Street yields cross-exposures, and the upper floors capture open Hudson views. As with the best pre-war product on the Drive, the river-facing homes are the building's most coveted.

Building operations

The Dorchester operates as a full-service cooperative, with a full-time doorman, a live-in resident manager, central laundry, and storage. The building is pet-friendly, welcoming both dogs and cats. Purchases proceed through the standard co-op board package and interview, and the building carries the conservative, owner-occupant posture typical of a long-converted Riverside Drive pre-war.

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

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

Safe to live in today — but the last inspection flagged repairs that are due on a deadline, so facade work and its cost are coming. Whether that’s a real concern depends on the scope, the timing, and how the building plans to pay for it — reserves or an assessment — which is exactly what we’d dig into for you.

Inspection history
2005–10
Safe
2010–15
Safe
2015–20
SWARMP
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2028
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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.

See the full facade history →

Recent sales

Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

DateUnitApartmentPricevs. Ask
Jul 16, 20252C
3 BR · 2 BA
$2,372,500-0.9%
Mar 22, 20246CD
5 BR · 3.5 BA
$6,375,000-6.2%
Nov 9, 202210D
3 BR · 2 BA
$2,670,000-0.9%
Jul 2, 20184A
4 BR
$4,412,500-16.0%
Oct 11, 20173D
3 BR
$2,050,000-10.9%
May 18, 20175C
3 BR
$2,600,000-10.3%
Nov 30, 20161D
2 BR · 1.5 BA
$1,797,211-4.1%
Jun 17, 20147B
4 BR · 3 BA
$5,000,000+1.0%

Market read. Most recent trades (2013) cleared a median $1,377/sf across 2 sales. Median listing discount 3.2% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

The retrade record

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

6D+278%
$595,897 2004$2,250,000 2008
10C+254%
$1,695,000 2003$6,000,000 2006
5D · 1,700 sf+21%
$1,450,000 ($853/sf) 2004$1,760,000 ($1,035/sf) 2005
10D · 1,670 sf+16%
$2,300,000 ($1,377/sf) 2013$2,670,000 ($1,599/sf) 2022
7D+3%
$1,550,000 2006$1,600,000 2008

Other recent transfers

DateUnitPrice
Mar 25, 202210B$4,600,000
Aug 28, 202012E$608,000
Mar 18, 20087D$1,600,000
Mar 18, 20086D$2,250,000
Jul 26, 20067D$1,550,000
Dec 16, 20044C$1,450,000
View all 26 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 1-01247-0001) 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.

What to know if you’re buying

This is a co-op, so plan for a board package and interview and the financial review a conservative pre-war building conducts. The reward is a park-front pre-war address with western light and Hudson views in a protected historic district — a combination buyers consistently pay up for. Focus diligence on the apartment's exposure (a park-facing line is worth the premium), its renovation state, and the building's financials and reserves. We help buyers benchmark asking prices against comparable Riverside and West End pre-wars and prepare a board package that clears cleanly.

What to know if you’re selling

Exposure is the seller's lever. A park-facing home with western light and river views at The Dorchester is exactly what Riverside Drive buyers hunt for, and the marketing should foreground the view, the light, and the building's Neville & Bagge pedigree and historic-district setting. Pricing belongs against the Drive's best pre-war comparables, with a clear premium for the river-facing lines. We position these homes to the buyer who specifically wants the park and the Hudson, and we price and time the listing to the building's natural turnover.

Comparable buildings

If you're considering 131 Riverside Drive, also evaluate these nearby Riverside Drive and West End Avenue pre-war cooperatives:

The Roebling Team at The Dorchester

The Roebling Team at Compass specializes in Riverside Drive, West End Avenue, and the broader pre-war Upper West Side co-op market. We publish this profile because buyers and sellers evaluating a park-front pre-war co-op deserve building-specific intelligence — the architecture, the exposures, the staffing, and where pricing sits against the Drive's comparable stock.

If you're weighing a purchase or sale at The Dorchester, a 30-minute consultation is the right place to start.

Considering a move at The Dorchester?

Get the full picture on this building.

Current availability including off-market, the full comp set, and the board & financials read most listings don't show.

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