Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%Tribeca $1,941/sf 2%
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Cooperative · 1951
345 Riverside Drive
345 Riverside Drive, New York, NY 10025

345 Riverside Drive

345 Riverside Drive, New York, NY 10025

Upper West Side

BBL 1018920032 · BIN 1057273

At a glance
Year built
1951
Type
Cooperative
Landmark
No
The Data Room

Every recorded sale at this building, 2003–2025

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

1BR median
$799K
Recent range
$688K – $829K
Listing discount
1.1%
Recorded transfers
44

345 Riverside Drive is a value-driven postwar cooperative on one of the best corners of the upper Drive — the southeast corner at West 107th Street, with Riverside Park directly across the way and the Hudson beyond. Built in 1951 and run as a cooperative since its 1986 incorporation, it is the kind of well-managed, sensibly-priced building that has long anchored this stretch of the Upper West Side: a six-story, 54-unit house with the rare luxury of an on-site garage and one of the friendliest policy postures in the neighborhood.

The case for 345 is flexibility and practicality. There is no flip tax, financing runs up to 80%, pets are welcome, and subletting is permitted after a residency period — terms that make the building unusually accessible to first-time buyers, investors, and families alike. Add an underground parking garage, a true rarity on the Upper West Side, and the appeal of a park-block address at a sensible price point, and 345 Riverside earns a serious look.

Architecture and unit composition

345 Riverside Drive is a clean postwar building in the low-rise, yellow-brick idiom that defines the early-1950s additions to Riverside Drive — six stories, horizontal in feel, scaled to the park frontage rather than the tower line. The corner siting at 107th Street gives apartments cross-exposures and, on the western and northern lines, light and partial outlooks toward Riverside Park and the Hudson.

The 54 apartments run the practical postwar range — efficient one-, two-, and three-bedroom layouts with good light and the solid construction of the era. This is a building bought for space, light, location, and flexible terms rather than prewar ornament; the value is in the livability and the policy posture, not in decorative detail.

Building operations

345 Riverside is a self-contained, well-run cooperative with a live-in resident manager and porter staff handling the building day to day; it operates as a non-doorman house, which is part of what keeps the cost structure efficient. The standout amenity is the on-site underground parking garage — available by waitlist and genuinely rare on the Upper West Side. Practical infrastructure includes a central laundry room, a bike room, and private storage.

The policy posture is the building's signature. There is no flip tax. Financing is permitted up to 80% of the purchase price — among the most generous terms in the neighborhood. Pets are welcome. And subletting is permitted after two years of residency, which gives owners genuine flexibility and makes the building viable for buyers who may need to relocate or rent out a home later. Few buildings on the Drive combine all of these.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.

Inspection history
2005–10
SWARMP
2010–15
Safe
2015–20
Safe
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2029
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.

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 →

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.

DateUnitApartmentPricePPSFvs. Ask
Oct 20, 20252H
1 BR · 1 BA
$799,000-3.6%
Jun 20, 20246H
1 BR · 1 BA
$687,500-1.1%
Jun 21, 20236J
1 BR · 1 BA
$829,000+0.0%
Feb 15, 20223F
1 BR · 1 BA
$680,000-2.7%
Aug 24, 20213E
2 BR · 1 BA
$875,000+0.0%
May 11, 20212E
2 BR · 1 BA
$825,000-2.9%
Jan 27, 20202E
2 BR · 1 BA
$809,600+1.3%
Mar 6, 20192G
1 BR · 1 BA · 700 sf
$620,000$886/sf-8.1%

Market read. $/sf is measured on the latest sales with reliable square footage (2019): a median $886/sf across 1 sale. The building has traded as recently as 2025. Median listing discount 0.3% 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.

4F+34%
$489,000 2014$655,000 2017
3E+29%
$679,000 2006$800,000 2015$875,000 2021
6B+29%
$495,000 2003$639,000 2010
5D+18%
$763,688 2004$763,687 2004$900,000 2008
3F+17%
$580,000 2016$680,000 2022
View all 44 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 1-01892-0032) 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 buying

This is one of the more buyer-friendly co-ops on the Drive. No flip tax means a cleaner cost basis on eventual resale; up to 80% financing keeps the cash requirement low; pets are welcome; and subletting after two years gives you an exit and an income option few co-ops allow. The on-site garage (by waitlist) is a meaningful convenience for car-owning households. Evaluate apartments for light and any park outlook, and ask about garage waitlist position. The location — a Riverside Park block near the 1 train at 110th Street and the express stop at 96th — supports both lifestyle and resale.

What to know if you’re selling

345 Riverside sells on terms as much as on space: the combination of no flip tax, 80% financing, pet-friendliness, and post-residency subletting is a genuine marketing advantage that broadens the buyer pool well beyond what a typical Drive co-op reaches. Light, layout, park exposure, and an assigned garage spot (if transferable) are the differentiators that set a strong price within the building. Price to the building's own recent comparables and to the peer postwar co-ops on the upper Drive; the flexible policy set lets you reach first-time buyers and investors that stricter buildings cannot. We position each listing to that broader, motivated audience.

Comparable buildings

If you're considering 345 Riverside Drive, these nearby Riverside Drive and Upper West Side cooperatives are the natural comparison set:

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Riverside Drive — read The Roebling Team Guide to Riverside Drive.

Preparing a board package for this building?

The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.

Considering a move at 345 Riverside Drive?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at 345 Riverside Drive 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.