240 Riverside Boulevard (The Heritage)
240 Riverside Boulevard, New York, NY 10069
Lincoln Square, Upper West Side
BBL 1011717503 · BIN 1087072
- Year built
- 2004
- Type
- Condominium
- Units
- 159
- Floors
- 31
- Landmark
- No
- Amenities
- 24-hour doorman and concierge, an approximately 15,000-square-foot health club with two swimming pools, on-site parking garage, children's playroom, screening room, event room, a landscaped interior garden courtyard, bike room, and cold storage
- Pets
- Pet-friendly
- Flip tax
- None documented — verify against the by-laws at offer stage
Every recorded sale at this building, 2005–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf (floor-adjusted)
- $1,472
- Listing discount
- 5.9%
- Recorded sales
- 392
- On record
- 2005–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Heritage 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.
The Heritage is the last-completed and northernmost tower of Riverside South — the redevelopment of the former Penn Central rail yards that ranks among the largest residential land plays in Manhattan history. Its position at the top of the boulevard, hard against the West 72nd Street edge and Riverside Park South, gives it the most open park-and-river frontage of the corridor's Trump-era towers. Because The Heritage never carried physical "Trump Place" facade lettering, it sat outside the 2016–2019 name-removal wave that reshaped the identities of its boulevard neighbors — a quiet distinction that has left the building with a cleaner brand story than several of its peers.
The building's market thesis is the corridor's thesis, executed at the corner with the best frontage: full-service condominium mechanics — pied-à-terre use, investor purchasers, condo-fast closings — at a park-and-river address, with an amenity stack that runs deeper than most. The two-pool health club is the standout, uncommon even among the well-amenitized boulevard buildings.
Architecture and unit composition
Costas Kondylis's design for The Heritage answers the pre-war Riverside Drive tradition directly: a curved masonry base of roughly 15 stories evokes the rounded-corner towers that define the historic drive, with a rectilinear shaft set back above. The result is a building that reads as a contemporary interpretation of the corridor's older architectural language rather than a pure glass tower.
The residences — roughly 159 to 170 across the building, per varying sources — run from studios through combinable multi-bedroom lines, with the trophy inventory in the higher floors carrying open Hudson River and Riverside Park exposure. A large combined mega-residence assembled from multiple units has traded in the building's upper reaches. As with any large 2000s condominium, renovation quality varies line to line.
Building operations
The Heritage runs as a full-service condominium with a deep amenity program: 24-hour doorman and concierge, an approximately 15,000-square-foot health club anchored by two swimming pools, an on-site parking garage, a children's playroom, a screening room, and an event room, organized around a landscaped interior garden courtyard. Common charges and property taxes are consistent with a large amenitized 2000s Riverside South condominium; the offering plan and current house rules are on file in The Roebling Research Library.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $248,768/yr
- Per unit / month range
- $0 – $132
- Modeled exposure split equally across 157 units (the city tax-lot count). Not an assessed amount; co-op shareholders are typically charged by share allocation.
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
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
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.
Recent sales
The Heritage trades in the solid middle band of Riverside South condominium pricing, with a park-and-river premium on the higher floors reflecting its position at the top of the boulevard. Studios anchor the lower end, and high-floor and penthouse inventory with open Hudson River and Riverside Park exposure reaches well above the rest of the building. The two-pool amenity stack and the open northern frontage support pricing at the upper end of the corridor's non-new-construction stock.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent closings 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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Aug 27, 2026 | 12DT | 825 sf | $1,500,000 | $1,818/sf | off-mkt |
| Jun 5, 2026 | 21C | 2 BR · 2 BA · 1,557 sf | $2,150,000 | $1,381/sf | +0.0% |
| Dec 11, 2025 | 19B | 3 BR · 3 BA · 2,147 sf | $2,950,000 | $1,374/sf | -17.9% |
| Nov 26, 2025 | 6F | 1 BA · 574 sf | $750,000 | $1,307/sf | off-mkt |
| Nov 25, 2025 | 5J | 1 BA · 593 sf | $755,000 | $1,273/sf | -13.7% |
| Oct 30, 2025 | 19C | 2 BR · 2 BA · 1,557 sf | $2,075,000 | $1,333/sf | -21.7% |
| Aug 21, 2025 | 3J | 1 BA · 593 sf | $730,000 | $1,231/sf | -2.0% |
| Jul 7, 2025 | 15 | 1,151 sf | $1,500,000 | $1,303/sf | off-mkt |
Market read. Most recent trades (2026) cleared a median $1,472/sf (floor-adjusted) across 2 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 5.9% 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.
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 1-01171-7503). 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 from recorded condo declarations and offering plans.
Closed rents at The Heritage, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| Studio | 2 | $3,847 |
| 1 bedroom | 6 | $5,700 |
| 2 bedroom | 4 | $9,000 |
| 3 bedroom | 2 | $16,500 |
16 closed leases, October 2023 to September 2026. Most recent lease September 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
At the recent median sale of $1.5M (9 sales since 2024), a buyer putting 25% down would pay about $63,981 to close, or 4.3% of the price.
- Mansion tax: $15,000
- Mortgage recording tax: $21,656
- Title insurance: $6,750
- Attorneys, lender, building fees, reserves and filings: $20,575
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
The frontage is the premium. As the northernmost boulevard tower against the park edge, The Heritage carries the corridor's most open park-and-river exposure. Confirm the specific sight lines of the line you are considering — the premium is view-driven.
The amenity stack is unusually deep. Two pools and a large health club distinguish this building from most boulevard peers. If you will use them, the carrying costs buy more here than the monthly number suggests.
The brand story is clean. The Heritage never carried Trump signage and stayed out of the name-removal litigation that touched its neighbors — a marketing simplification worth noting.
Condo flexibility is real. Pied-à-terre and investment use are permitted; subletting is allowed under the by-laws; closings run on a condominium timeline of roughly 30 to 45 days.
Model the full carry. Common charges plus property taxes plus utilities and insurance — the amenity depth here means the monthly number is real; run it completely.
What to know if you’re selling
Lead with the frontage and the amenities. The northern park-and-river exposure and the two-pool health club are your differentiators against the rest of the corridor.
Position against the boulevard, not the Park-front market. Your comparable set is Riverside South; pricing against Central Park-front product invites over-marketing.
High floors carry the premium. View and floor drive the per-foot spread; interior and low-floor lines require realistic pricing.
Closing timelines are condo-fast. 30 to 45 days from contract to closing.
Comparable buildings
- 200 Riverside Boulevard — Philip Johnson / Kondylis 1999; Riverside South condominium peer
- 220 Riverside Boulevard — Kondylis; paired composition with 200 Riverside
- 100 Riverside Boulevard (The Avery) — Extell; nearby boulevard condominium
- 80 Riverside Boulevard (The Rushmore) — Extell; nearby boulevard condominium
- Waterline Square — the newest construction at the corridor's northern end
More Upper West Side buildings
- The Metropolitan, 235 West 108th Street — 1925 co-op
- 238 West 108th Street (The Columbia House) — 2007 condominium
- 240 West 75th Street — 1920 co-op by George F. Pelham
- 240 West 98th Street (The Sabrina) — 1923 condominium by Schwartz & Gross
- 241 West 107th Street — 2013 condominium
- 241 West 108th Street — 1911 co-op by George and Edward Blum
The neighborhood
For the full corridor — architecture, transit, and pricing across Upper West Side — read The Roebling Team Guide to Upper West Side.
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.
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