Cooperative · 1920
The Sherwood, per listing records
325 Riverside Drive, New York, NY 10025

325 Riverside Drive (The Sherwood)

325 Riverside Drive, New York, NY 10025

At a glance
Year built
1920
Type
Cooperative
Units
52
Floors
13
Landmark
Designated
Pets
Permitted per listing records
Financing
75 percent maximum per listing records

Upper Riverside Drive in the low 100s is the Upper West Side's quiet-value park corridor — pre-war co-ops with unobstructed Riverside Park and Hudson River outlooks at a structural discount to Central Park West and the West End Avenue Gold Coast — and 325 Riverside Drive is one of its better-pedigreed corners. The building is a documented Gaetan Ajello design of 1920–21, developed within the Paterno orbit that built much of the Drive, and it sits inside the Riverside-West End Historic District Extension II, with the French Beaux-Arts townhouse enclave of the Riverside Drive–West 105th Street Historic District adjoining the block. The protections matter to buyers in a specific way: both the building's Colonial Revival facade and the low-rise townhouse context around it are regulated assets, and the park frontage across the Drive cannot be built out.

Ajello's authorship is the architectural headline. Working for the Paterno and Campagna development families from the 1910s, Ajello produced a recognizable run of refined apartment houses on Riverside Drive and West End Avenue — buildings known for disciplined classical facades and unusually gracious entrance sequences. At 325 Riverside, that translates to red brick over limestone with terra-cotta and Adamesque detailing, a stepped entrance on West 105th Street, and pre-war plans — Edwardian fives and classic sixes per listing records — with defined dining rooms, maid's-room flexibility, and, on the western lines, framed park and river views.

The ownership story is well documented in The Roebling Research Library. The conversion ran on a non-eviction plan dated December 15, 1982, sponsored by 325 Riverside Associates, and the conveyance to 325 Riverside Drive Corp. closed on May 1, 1984 — the offering plan and a substantial run of amendments are on file, which settles the conversion chronology that circulates inconsistently in listing records (1982 and 1984 both appear; the plan date and the closing date are different events). The amendments also document the sponsor's post-conversion posture, including a large block of unsold shares in the mid-1980s — long since absorbed, but useful context for reading the building's share structure.

Architecture and unit composition

The building rises 13 stories on an 80-by-100-foot corner lot, which buys its apartments something mid-block neighbors lack: light on three exposures and a high proportion of corner rooms. The plan stock is classic Ajello-era pre-war — apartments organized around foyers, with separated kitchens, formal dining rooms, and original proportions that renovate well. Per the offering plan there are 52 apartments across the 13 floors, roughly four per floor, predominantly in the two- and three-bedroom range. West-facing lines above the Riverside Park treeline carry the corridor's signature product — open park, river, and sunset views; south- and east-facing lines trade view for light and quiet over West 105th Street's townhouse row.

Building operations

This is a modestly staffed, well-kept pre-war co-op rather than an amenity building: full-time doorman, live-in superintendent, children's playroom, bike room, storage, and central laundry. The corporation's documentation — offering plan and amendments — is on file in The Roebling Research Library; city records show a significant alteration cycle in the late 1980s following conversion. Policy specifics beyond the documented 75 percent financing ceiling and pet-friendly posture are thinly documented publicly and should be verified with the managing agent during diligence.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$7,094/yr
Per unit / month range
$0 – $11
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Recent sales

The retrade record

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

42+54%
$950,000 2004$1,460,000 2022
124+38%
$795,000 2006$1,100,000 2016
114+37%
$875,000 2007$1,215,000 2017$1,195,000 2021
2+30%
$925,000 2006$1,150,000 2013$1,275,000 2014$1,200,000 2024
53+6%
$1,375,000 2015$1,458,600 2023

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
Mar 21, 2025122$1,540,000
Jun 5, 20242$1,200,000
Nov 27, 202353$1,458,600
Oct 19, 202394$1,221,900
Mar 21, 202231$1,750,000
Mar 4, 202242$1,460,000
View all 36 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 1-01891-0035) 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

The corridor is the value thesis. Riverside Drive at 105th delivers protected park frontage, a designated historic-district streetscape, and Ajello pre-war architecture at pricing the avenue corridors east of Broadway cannot match. The trade is transit geometry: the 1 train at 103rd Street/Broadway is the workhorse, with the express stop at 96th Street.

Buy the line, not the building average. The spread between west-facing park lines and interior exposures is wide here. Same-line history — which we maintain in the Research Library — is the right pricing anchor.

The conversion documents are on file. The 1982 offering plan and its amendments resolve the building's share allocation, conversion chronology, and early sponsor history. Your attorney should review them alongside current financials; we provide them to clients during diligence.

The financing framework is moderate. A 75 percent financing ceiling is more permissive than the Gold Coast standard, but board expectations on post-closing liquidity should still be scoped before offering — run the Co-op Board Qualification Calculator.

Verify the policy stack. Sublet terms, pied-à-terre posture, purchase structures, and any transfer fee are not firmly documented in public records. Confirm all of it with the managing agent at offer stage.

Renovation runs through Landmarks. The building sits in a historic district: anything touching windows, facade, or rooftop involves LPC review. Interior work is conventional; budget timeline for envelope work accordingly.

What to know if you’re selling

Lead with Ajello and the district. Documented authorship by a name architect, a designated historic-district setting, and protected park views are marketing assets that survive diligence. Use them with precision — this building's provenance is real and verifiable.

Position against West End Avenue, not just the Drive. Your buyer is frequently cross-shopping pre-war sixes east of Broadway. The pitch is equivalent architecture plus park frontage at a lower basis.

Condition honesty wins. The buyer pool here is deliberate and renovation-literate. Estate-condition units clear when priced to the renovation math — run the Renovation Cost Calculator against your asking strategy.

Comparable buildings

If you're considering 325 Riverside Drive, also evaluate:

  • 310 Riverside Drive (The Master Building) — the Art Deco landmark two blocks south; the condo alternative on the Drive
  • 222 Riverside Drive — park-front pre-war co-op at 94th Street, the next node south
  • 194 Riverside Drive — distinguished pre-war co-op on the 91st–92nd Street curve
  • 320 Riverside Drive — pre-war neighbor directly across West 105th Street
  • 340 Riverside Drive — pre-war co-op anchoring the next corner north at 106th Street
  • 404 Riverside Drive (The Strathmore) — pre-war co-op at 113th Street; the Morningside Heights alternative
  • 380 Riverside Drive (The Hendrik Hudson) — the corridor's grand 1907 pile at 110th Street
  • 905 West End Avenue — Ajello-era pre-war stock one block east; the non-park-front discount

The Roebling Team at The Sherwood, per listing records

The Roebling Team at Compass works the Upper West Side and the Riverside Drive corridor as a core practice area. We publish this building profile because upper Riverside buyers and sellers deserve building-specific intelligence — conversion documentation, architectural provenance, and line-level comparables — not generic neighborhood commentary.

If you're considering a transaction at 325 Riverside Drive, a 30-minute consultation is the right starting point.

Considering a transaction at The Sherwood, per listing records?

A 30-minute consultation is the right starting point.

Schedule a consultation →
Corey Cohen · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com