324 West 83rd Street
324 West 83rd Street, New York, NY 10024
- Year built
- 1901
- Type
- Cooperative
- Units
- 25
- Floors
- 7
- Landmark
- Designated
- Amenities
- Central laundry room, bike storage, and rentable storage per listing records
- Pets
- Permitted per listing records — confirm current house rules
The side streets between West End Avenue and Riverside Drive in the low 80s are the Upper West Side's quietest pre-war pocket, and 324 West 83rd Street is a documented piece of how it was built. The LPC designation report for the Riverside-West End Historic District Extension I records the building precisely: a Beaux-Arts flats building of 1901–02 by George F. Pelham — one of the most prolific apartment architects of pre-war Manhattan — commissioned by the developer Elias Kempner together with its near-twin next door at 320 West 83rd Street under the same 1901 filing. The two buildings share an architect, an original owner, and a facade vocabulary; what separates them is the program inside. Where the twin packed 49 apartments behind its light court, 324 was cut into 25 — roughly two larger homes per floor — which is why this address trades today as the family-scale half of the pair.
The architecture earns its protection. The LPC report itemizes the facade: a rusticated stone base, ironspot brick above, multi-story bowed bays rising from elaborately carved bases, a stoop flanked by carved-scroll cheek walls, flared stone and terra-cotta lintels with elaborate keystones, eared surrounds, terra-cotta banding at the seventh story, and the surviving cornice — with the original wrought-iron re-installed on the replacement entrance doors. Since June 26, 2012, the entire envelope has sat within the historic district; the block cannot be rebuilt into something else, which is the quiet structural guarantee behind every purchase on it.
As a cooperative, the building is small and unusually well documented from primary sources. The offering plan on file in The Roebling Research Library — dated October 14, 1982, sponsor The Marda Company — records the original 13,971 shares across 25 units, and the audited financial statements on file (2013 through 2015) record the operating texture most side-street co-ops never publish: a reserve fund nearly doubling to $337,569, a disciplined $200,000 capital assessment, a 2 percent / 2.5 percent tiered transfer fee that contributed roughly $90,000–$101,000 a year to the corporation, and the kind of granular footnote — 14 new shares issued in 2014 when a shareholder bought hallway space — that tells you the board runs its share ledger carefully. The statements on file end in 2015, so current financials must be requested in diligence; but the documented pattern is of a small co-op that funds its building and charges transfers, not maintenance, for the privilege.
Architecture and unit composition
Seven stories over a raised basement, 25 apartments, and turn-of-the-century proportions at family scale: the lines run to true two-bedrooms and convertible three-bedrooms, with recent listings showing renovated kitchens, in-unit washer/dryers in some homes, and the high ceilings and period detail of the original flats plan. Pricing in the building differentiates on renovation level and light — street-facing south rooms over the tree canopy against quieter northern exposures. The stoop, the bowed bays, and the fire escape are designated historic fabric; window and envelope work runs through LPC as well as the board.
Building operations
A self-service building run lean by design: one live-in superintendent, video-intercom entry, a single passenger elevator, central laundry, bike room, and storage. The financial statements on file show the cost structure plainly — modest payroll, gas heat, and real-estate taxes as the dominant expense line — and record both an $825,000 interest-only mortgage from a 2007 refinancing and a $500,000 line of credit reserved for capital improvements, drawn once in 2014 and repaid the following year. Because the documented mortgage matured in 2017, your attorney should confirm the current underlying debt and any assessments as a first-order diligence item. Buyers coming from staffed buildings should price the trade honestly: materially lower maintenance, no service layer.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
Recent sales
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Recent transfers at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| Mar 10, 2026 | 4W | $1,560,000 |
| Oct 21, 2025 | 2S | $665,000 |
| Apr 21, 2025 | 1R/2R | $2,920,000 |
| Nov 29, 2024 | 6S | $1,352,250 |
| Jul 26, 2023 | 3S | $585,000 |
| Oct 14, 2022 | 2R | $2,900,000 |
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 1-01245-0037) 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 the larger-unit twin — buy it for the layouts. Same architect, same year, same protected block as 320 next door, but half as many apartments on the same footprint. If you need a true family home on this block rather than a one-bedroom, this is the building the comparison favors.
The historic district is the moat. The 2012 designation protects the Pelham facade and the blockfront around it. The LPC report — which we keep on file — is effectively the building's pedigree paper; use it, and budget LPC timeline into any window or envelope work.
Underwrite from the documents, then update them. The financials on file show a strengthening reserve, a capital assessment the building actually levied and collected, and a clean expense base — but they run through 2015, and the documented mortgage matured in 2017. Request current statements and the present debt terms through the managing agent; we flag precisely what changed.
Budget the tiered flip tax into resale math. Two percent of gross price after three years of ownership — 2.5 percent inside three years — is the documented structure, and it is seller-paid. The short-hold surcharge is a deliberate signal: this board prices fast flips out. Run the Co-op Board Qualification Calculator before offering.
The undocumented policies are the diligence list. Sublet terms, pied-à-terre posture, and financing limits are not publicly documented for this building. Do not assume the twin's rules apply — the two co-ops are separately governed corporations. Confirm everything in writing at offer stage.
What to know if you’re selling
Sell the documentation, not adjectives. Pelham, 1901–02, the LPC report's own facade inventory, the 2012 district protection, and an audited record of reserves and capital discipline — this is a provenance-and-stewardship story most 25-unit buildings cannot tell. We provide the underlying documents to serious buyers' counsel.
Scarcity is your pricing leverage; comp honestly anyway. With 25 units, your direct comparables are thin — the twin at 320, the avenue corners, and the Drive set the frame. Renovated-versus-original pricing diverges sharply on this block; anchor to condition-matched comps, not building averages.
Price the flip tax into your net early. The 2 percent (or 2.5 percent short-hold) transfer fee is seller-paid and meaningful at this price tier. Run the Seller Closing Cost Calculator with it included before setting your ask.
Comparable buildings
If you're considering 324 West 83rd Street, also evaluate:
- 320 West 83rd Street — the near-twin next door, same architect, owner, and 1901 filing; smaller units, the most direct comparable in existence
- 320 West End Avenue — Rosario Candela pre-war co-op at the corner; the full-service avenue step-up
- 470 West End Avenue — Emery Roth's Belvoir at 83rd Street; the architect-pedigree alternative one corner away
- 100 Riverside Drive — pre-war co-op on the park; the Drive-frontage comparison
- 137 Riverside Drive — pre-war co-op at 86th Street; the corner-of-the-Drive alternative
- 194 Riverside Drive — pre-war co-op above 91st; the value play on the Drive itself
- 173 Riverside Drive — J.E.R. Carpenter pre-war co-op; the scale step-up at 89th
- 215 West 84th Street — Robert A.M. Stern's The Henry; the new-development condo alternative one block north
The Roebling Team at 324 West 83rd Street
The Roebling Team at Compass works the Upper West Side — including the Riverside-West End historic district side streets — as a core practice area. We publish this building profile because 324 West 83rd Street buyers and sellers deserve building-specific intelligence — LPC documentation, audited financial history, and tier-correct comparables — not generic neighborhood commentary.
If you're considering a transaction at 324 West 83rd Street, a 30-minute consultation is the right starting point.