173-175 Riverside Drive
173-175 Riverside Drive, New York, NY 10024
- Year built
- 1926
- Type
- Cooperative
- Units
- 167
- Floors
- 16
- Flip tax
- 2%, buyer-paid
- Financing
- Up to 65% financeable (35% minimum down).
- Subletting
- Not permitted — an owner-occupancy building.
- Pied-à-terre
- Not permitted.
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2026). Board policies can change by amendment — confirm at the offer stage.
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median
- $1.1M
- Recent range
- $950K – $5.4M
- Listing discount
- 3.3%
- Recorded transfers
- 118
173-175 Riverside Drive is J.E.R. Carpenter's largest Riverside Drive commission — a 1926 sixteen-story Italian Renaissance cooperative occupying the entire blockfront between West 89th and West 90th Streets.
The address carries a sports-history pedigree few cooperatives can match in the Babe Ruth residency, the New York Yankees outfielder having lived in the building. The architecture matches the marquee tenant: the Carpenter architectural pedigree brought the master of the Park Avenue 7-room plan to bear, his peak prewar Italian Renaissance vocabulary realized here at full-blockfront scale. Completing the picture is the Soldiers and Sailors Monument adjacency — sited directly across from the monument in Riverside Park, the building commands one of the most distinctive park-adjacent exposures on the corridor. ## Architecture and building operations
The site previously held the 1900 neo-Georgian Clark-Potter mansion and the 1887 turreted residence of Cyrus Clark. J.E.R. Carpenter began construction in 1925 with completion in 1926. The architectural composition includes:
- Three-story limestone base
- Beige-brick facade
- Arched windows on ground, fourth, and top floors
- Limestone quoins
- Bandcourses above third and top floors
- Balustraded roofline
- Entrance adorned with pairs of fluted Corinthian pilasters
The building sits directly across from the Soldiers and Sailors Monument in Riverside Park and adjacent to the former Isaac L. Rice mansion (later Yeshiva Chofetz Chaim).
Operations: white-glove. 24-hour doormen, live-in resident manager, state-of-the-art windowed fitness center, children's playroom, game room, bike storage, central laundry, English-style garden with fountain, book club, lecture series, lending library.
The English-style garden with fountain, book club, lecture series, and lending library combine to produce one of the most substantive cultural amenity profiles among UWS cooperatives.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
Facade safety — Local Law 11
The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.
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 →Management & transfer contacts
- Sublet policy
- Not allowed
- Pied-à-terre
- Not allowed
- Notable fees
- Reserve Fund Transfer Fee 2% of gross purchase price; max financing 65%; secondary residence not allowed
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jun 10, 2026 | 12Z | 4 BR · 3 BA · 3,000 sf | $3,100,000 | $1,033/sf | -6.1% |
| Apr 24, 2026 | 6D | 4 BR · 3 BA · 3,000 sf | $5,400,000 | $1,800/sf | -3.6% |
| Oct 24, 2025 | 2L | 2 BR · 1 BA | $1,073,100 | -2.0% | |
| Sep 30, 2025 | 3C | 4 BR · 4 BA · 2,800 sf | $4,300,000 | $1,536/sf | -4.4% |
| Jul 30, 2025 | 13N | 3 BR · 3 BA | $3,150,000 | -1.6% | |
| Oct 18, 2024 | PHD | 3 BR · 2.5 BA | $6,100,000 | -6.1% | |
| Jun 17, 2024 | 1G | 2 BR · 2 BA · 1,800 sf | $1,622,500 | $901/sf | -4.3% |
| Jan 9, 2024 | 4L | 1 BR · 1 BA · 1,100 sf | $950,000 | $864/sf | -19.1% |
Market read. Most recent trades (2026) cleared a median $1,318/sf across 2 sales. Median listing discount 1.7% 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Oct 15, 2003 | 14L | $695,000 |
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 1-01250-0067) 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; square footage on co-ops is not officially recorded, figures shown are approximate.
What to know if you’re selling
Marketing should emphasize the Babe Ruth cultural anchor, the Carpenter architectural pedigree, and the book club / lecture series / lending library cultural amenity profile. All three are real structural advantages.
The full-blockfront configuration with Soldiers and Sailors Monument adjacency supports premium park-facing positioning.
The pied-à-terre prohibition narrows the buyer pool — position the building as a primary-residence trophy cooperative.
Pricing should reference recent public records / Compass / data.
Closing timelines are cooperative-standard.
Comparable buildings
- 140 Riverside Drive (The Normandy) — Roth 1939 landmark; nearby Riverside Drive peer
- 137 Riverside Drive (The Clarendon) — Birge 1906; nearby Riverside Drive peer
- 180 Riverside Drive — Schwartz & Gross 1922; same-block Riverside Drive peer
- 100 Riverside Drive — Boak & Paris 1938; nearby Riverside Drive peer
- 14 East 90th Street — Carpenter 1928; same-architect Carnegie Hill peer
The Roebling Team at 173-175 Riverside Drive
The Roebling Team at Compass specializes in Central Park West, the Upper East Side, and the broader Park-facing Manhattan market. If you're considering a purchase or sale at 173-175 Riverside, a 30-minute consultation is the right starting point.
Corey Cohen · The Roebling Team at Compass 646.939.7375 · c.cohen@compass.com
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.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Riverside Drive — read The Roebling Team Guide to Riverside Drive.
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