- Year built
- 1951
- Type
- Cooperative
- Landmark
- No
Every recorded sale at this building, 2004–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median
- $799K
- Recent range
- $688K – $829K
- Listing discount
- 2.9%
- Recorded transfers
- 33
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
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
Facade safety — Local Law 11
Safe to live in today — but the last inspection flagged repairs that are due on a deadline, so facade work and its cost are coming. Whether that’s a real concern depends on the scope, the timing, and how the building plans to pay for it — reserves or an assessment — which is exactly what we’d dig into for you.
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Oct 20, 2025 | 2H | 1 BR · 1 BA | $799,000 | -3.6% | |
| Jun 20, 2024 | 6H | 1 BR · 1 BA | $687,500 | -1.1% | |
| Feb 15, 2022 | 3F | 1 BR · 1 BA | $680,000 | -2.7% | |
| May 11, 2021 | 2E | 2 BR · 1 BA | $825,000 | -2.9% | |
| Jan 27, 2020 | 2E | 2 BR · 1 BA | $809,600 | +1.3% | |
| Mar 6, 2019 | 2G | 1 BR · 1 BA · 700 sf | $620,000 | $886/sf | -8.1% |
| Apr 26, 2018 | 1C | 3 BR · 2 BA | $1,545,000 | -7.8% | |
| Jul 6, 2017 | 4F | 1 BR | $655,000 | +5.8% |
Market read. Most recent trades (2019) cleared a median $886/sf across 1 sale. Median listing discount 2.7% 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Jun 21, 2023 | 6J | $829,000 |
| Aug 24, 2021 | 3E | $875,000 |
| Aug 3, 2020 | 4G | $570,000 |
| Nov 17, 2015 | 3E | $800,000 |
| Aug 2, 2010 | 6B | $639,000 |
| Dec 22, 2009 | 3E | $625,000 |
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 1-01892-0032) 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:
- 210 Riverside Drive — postwar Riverside Drive co-op to the south
- 222 Riverside Drive — park-block co-op on the Drive
- 194 Riverside Drive — Riverside Drive cooperative nearby
- 186 Riverside Drive — full-service co-op on the Drive
- 180 Riverside Drive — established Riverside Drive co-op
The Roebling Team at 345 Riverside Drive
The Roebling Team at Compass specializes in Riverside Drive, the broader Upper West Side, and the cooperative market across the West Side and Central Park West. We publish this profile because buyers and sellers at a building like 345 deserve building-specific intelligence — the no-flip-tax, 80%-financing, pet- and sublet-friendly policy set, the on-site garage, and where each line sits against the upper-Drive comparable set.
If you're weighing a purchase or sale at 345 Riverside Drive, a 30-minute consultation is the right starting point.
Get the full picture on this building.
Current availability including off-market, the full comp set, and the board & financials read most listings don't show.