Cooperative · 1925
340 Riverside Drive
340 Riverside Drive, New York, NY 10025

340 Riverside Drive

340 Riverside Drive, New York, NY 10025

At a glance
Year built
1925
Type
Cooperative
Units
63
Floors
15
Landmark
Designated
Pets
Permitted per listing records
Financing
75 percent maximum per listing records — liberal for a pre-war Riverside Drive co-op

The blocks where Riverside Drive bends past 106th Street are one of the Upper West Side's quietest pre-war pockets — protected since 2015 inside the Riverside–West End Historic District Extension II — and 340 Riverside Drive is the corner anchor where the drive meets Duke Ellington Boulevard. The building faces Riverside Park across the drive, which buys its west and southwest lines something structural: protected park-and-Hudson outlooks that cannot be built out, on a corner where the street itself is named for the composer who lived directly across 106th Street at 333 Riverside Drive.

The architectural pedigree is specific. Sugarman & Berger — the firm that designed the New Yorker Hotel and shared credit on the Master Apartments down the drive at 310 Riverside — delivered a Renaissance Revival apartment house whose detailing the city's designation record catalogs at unusual length: rusticated tapestry-brick base, broken-pediment limestone entrance, iron balconettes, and a terra-cotta crown of double-height arched window surrounds at the 13th and 14th floors. At roughly four apartments per floor across 63 units, the building sits in the privacy tier of the corridor's pre-war stock rather than the grand-hotel tier.

The cultural history is the kind that surfaces in press and archive rather than marketing copy. On November 18, 1956 — eight days after her sold-out Carnegie Hall concert — Billie Holiday sang an intimate set in the living room of the jazz critic Leonard Feather's apartment here, accompanied at points by the clarinetist Tony Scott, with Steve Allen and Bobby Short among the guests; the private recording survives in the International Jazz Collection at the University of Idaho and has been covered in the press. A few years later the painter Jasper Johns lived and worked in the building — museum archives preserve photographs of his 340 Riverside Drive apartment from 1964.

For buyers today, the practical thesis is simpler: a documented, fully staffed pre-war co-op with park-facing corner light, a 75 percent financing allowance that is liberal for the corridor, and a conversion paper trail — the March 1981 offering plan — on file in The Roebling Research Library.

Architecture and unit composition

The building rises 15 stories plus a penthouse level on a roughly 101-by-95-foot corner plot, with the tripartite massing the designation record describes: three-story limestone-trimmed base, nine-story brick midsection, and a three-story terra-cotta-dressed crown beneath an arcaded frieze and balustraded parapet. The primary entrance, with its scrolled-bracket limestone surround and iron-and-glass doors, faces Riverside Drive; a secondary entrance opens on 106th Street.

Inside, the layouts are classic pre-war Riverside Drive product: entrance foyers of 10 to 11 feet, living rooms to 25 feet, windowed formal dining rooms of 16 to 20 feet, butler's pantries, and maid's rooms in the larger lines, per architectural records of the building's floor plans. Two- and three-bedroom configurations dominate; select units carry terraces. Corner exposures stack park, river, and open-sky light to the west and south-west, while the wide 106th Street frontage keeps the north lines bright. The pre-war proportions renovate well, and pricing in the building tracks exposure and condition — park-facing lines carry the premium.

Building operations

Full-service at the scale appropriate to 63 units: 24-hour doorman, live-in superintendent, central laundry, bike room, and private storage. There is no garage, roof deck, or fitness room — buyers comparing carrying costs against amenity-heavy buildings should weigh staff service against amenity breadth. The building sits inside a historic district, so facade, window, and any street-visible rooftop work runs through Landmarks review. The cooperative's offering plan and recent building insurance certificates are on file in The Roebling Research Library; financial statements should be reviewed by your attorney 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
$10,502/yr
Per unit / month range
$0 – $14
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.

14D+325%
$600,000 2021$2,550,000 2024
5D+225%
$585,500 2015$1,900,000 2026
8D+65%
$1,350,000 2005$2,100,000 2019$2,225,000 2025
11B+37%
$1,715,000 2005$2,350,000 2011
3A+19%
$2,225,000 2018$2,650,000 2026

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
Feb 26, 20263A$2,650,000
Feb 9, 20265D$1,900,000
Nov 25, 20256B$2,700,000
Sep 3, 20258D$2,225,000
Jun 26, 20251D$683,000
Nov 7, 20249C$2,275,000
View all 37 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 1-01892-0001) 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

The corner is the asset. Park-facing west and southwest exposures across Riverside Drive are structurally protected — the park cannot be built on, and the historic district protects the surrounding streetscape. Spend time in the specific line you're considering; the spread between park-facing and street-facing light is the building's main pricing axis.

The financing framework is unusually liberal for the corridor. 75 percent financing per listing records is a meaningfully lighter requirement than the 50–66 percent conventions of many pre-war peers. Board expectations on post-closing liquidity still apply — run the Co-op Board Qualification Calculator before offering.

The conversion paper trail is on file. The March 1981 offering plan — an eviction plan, a structure New York barred for practical purposes in 1982 — is in The Roebling Research Library. The original tenancy questions are four decades resolved, but the plan still governs share allocations and proprietary-lease terms; your attorney should review it alongside current financials.

Historic-district mechanics apply to renovations. Window replacement and anything touching the facade involves LPC review in addition to board alteration agreements. Budget timeline accordingly, and run the Renovation Cost Calculator against estate-condition units.

Verify the policy stack. Pet, pied-à-terre, and 75 percent financing terms come from listing records; the 3 percent flip tax's payer and the current sublet policy should be confirmed with the managing agent before contract.

Transit and the park are both at the door. The 1 train at 103rd and 110th Streets, the M5 down the drive, and Riverside Park's 106th Street entrances frame the block. The corridor's quiet is real — there is no commercial frontage on this stretch of the drive.

What to know if you’re selling

Lead with the corner and the record. Park exposure, the designation-report architecture, and the building's documented cultural history — Holiday, Feather, Johns — give this building a marketing narrative most Riverside Drive peers cannot match. Use it with precision.

Price to exposure, not building average. The park-facing premium is wide enough that building-average figures mislead; same-line history is the anchor. We maintain line-level records in The Roebling Research Library.

The liberal financing allowance widens your buyer pool. A 75 percent allowance admits buyers that stricter pre-war boards screen out — a genuine advantage worth stating plainly in marketing.

Condition honesty wins on the drive. The buyer pool here is deliberate; renovated classic lines clear at premiums, estate units clear when priced to the renovation math under historic-district constraints.

Comparable buildings

If you're considering 340 Riverside Drive, also evaluate:

  • 325 Riverside Drive (The Sherwood) — the 1920–21 pre-war co-op neighbor one block south; the closest like-for-like
  • 310 Riverside Drive (The Master Apartments) — the Art Deco landmark down the drive, with Sugarman & Berger in its design credits; the high-rise alternative
  • 255 West 108th Street (The Manchester) — grand 1910 pre-war co-op two blocks north
  • 300 West 109th Street (The Manhasset) — the turn-of-the-century full-blockfront pre-war nearby
  • 315 West 106th Street — the pre-war neighbor on the same block; the condo-format alternative
  • 380 Riverside Drive (The Hendrik Hudson) — the monumental pre-war at 110th Street
  • 404 Riverside Drive — pre-war co-op at the Strauss Park bend
  • 905 West End Avenue — full-service pre-war co-op one avenue east; the value alternative without park frontage

The Roebling Team at 340 Riverside Drive

The Roebling Team at Compass works Riverside Drive and the broader Upper West Side as a core practice area. We publish this building profile because Riverside Drive buyers and sellers deserve building-specific intelligence — conversion documentation, designation-report architecture, policy framework, and corridor comparables — not generic neighborhood commentary.

If you're considering a transaction at 340 Riverside Drive, a 30-minute consultation is the right starting point.

Considering a transaction at 340 Riverside Drive?

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