360 Riverside Drive (The Rutherfurd)
360 Riverside Drive, New York, NY 10025
Upper West Side
BBL 1018930001 · BIN 1057298
- Year built
- 1915
- Type
- Cooperative
- Units
- 34
- Floors
- 13
- Landmark
- Designated
- Amenities
- Central laundry, basement storage, bicycle room. Passenger and service elevators. Resident superintendent. Not a doorman building
- Financing
- Not published — set by the board
- Flip tax
- A transfer fee exists and is a recurring revenue line in the audited statements on file. The rate is not published; confirm with the managing agent
Every recorded sale at this building, 2003–2024
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR · combo median
- $995K
- Recent range
- $740K – $1.3M
- Listing discount
- 2.4%
- Recorded transfers
- 39
Riverside Drive turns at West 108th Street, and 360 Riverside sits on the corner where it does. Gaetano Ajello designed it for the Paterno family's construction company in 1915, at the same moment and in the same idiom as his houses further south, and it does what the best of those buildings do: it treats a corner as an event. The Riverside Drive and West 108th Street elevations are both fully designed in brick and terra cotta, the entrance is set in a double-height arched limestone frame with roundels and a cartouche, and the composition reads as base, shaft and attic with terra-cotta beltcourses marking the transitions.
The apartments behind that facade were laid out large and have since been made larger. The 1983 offering plan sold a building of roughly fifty apartments; the audited financial statements on file describe a building of thirty-four apartments plus a superintendent's unit. That gap is forty years of combinations, visible in the recorded share transfers, where designations like 9AABC and 10BCD stand in for what were once three and four separate apartments. It is the defining fact of the unit mix: this is a small cooperative of unusually large homes, not a large cooperative of ordinary ones.
The building is also a genuinely small operation. Thirty-four apartments carry the whole cost structure — a union staff, two elevators, a facade under Landmarks jurisdiction, and a real estate tax bill that in the most recent audited year on file consumed close to half of every maintenance dollar collected. That concentration is the thing to underwrite here, and it cuts both ways: fixed costs land hard on a small denominator, but the same small denominator means the shareholders can move quickly when something needs doing.
Architecture and unit composition
Thirteen stories on a 50-by-100-foot lot, about 53,000 square feet of residential floor area, with the building occupying essentially the full lot depth. The lot is small and the building is tall for it — built FAR of about 10.7 against a current residential FAR of 6.02, meaning the building is substantially larger than today's zoning would permit, which is common for a 1915 Riverside Drive house and is one reason the stock is irreplaceable.
The recorded apartment designations run A through D on most floors, with second-letter suffixes (2AA, 4AA, 10AA) indicating the original smaller rear units. Combinations dominate the upper floors. Line placement determines everything: the western lines face Riverside Park and the Hudson across the Drive, the southern lines face West 108th Street, and the eastern facade — undesigned brick with a regular window arrangement — faces the interior of the block. Ceiling heights, entry galleries and separate service entrances survive in the larger apartments.
Building operations
Staff are covered by the Building Service 32BJ collective bargaining agreement, with a resident superintendent and no doorman. The passenger elevator is reserved for people; deliveries, furniture and trades use the service elevator and the service entrance, and only on weekdays between 9:00 a.m. and 5:00 p.m. Central laundry, basement storage and a bicycle room are the amenity program. Home offices are permitted under the proprietary lease, but the house rules on file prohibit clients from waiting in the lobby — a small rule that tells you a good deal about how the building is run.
Recent capital work recorded in the financial statements on file includes a Local Law 11 facade cycle with chimney repair, an elevator modernization, a gas line and meter relocation, a steel platform installation, roof replacement and northeast corner repairs, and a Local Law 87 energy audit. The corporation has not commissioned a reserve study, and its governing documents do not require one; the board's stated approach is to repair and replace as need arises, funded by maintenance increases, assessments, borrowing or deferral.
Capital position and abatement history
J-51 is long gone. Department of Finance records show a single J-51 benefit initiated in 1992 on a $60,800 alteration — a 14-year exemption with a 90 percent abatement worth about $5,066 a year. It ran through the 2002 tax year and was exhausted then. There is no live building-wide exemption or abatement at this address. The only exemptions appearing in current Department of Finance records for this lot are individual shareholder benefits, which do not transfer with an apartment.
Underlying mortgage — read this closely. The most recent audited statements on file describe a mortgage refinanced in May 2017 with Valley National Bank in the amount of $3,500,000, interest only at 3.8 percent, monthly payments of approximately $11,000, maturing June 2027 with the full $3,500,000 principal still outstanding. ACRIS then records an assignment of that note to Apple Bank for Savings in January 2021 and a further mortgage and consolidation with Apple Bank in March 2021, which supersedes the stated terms. What has not changed is the structure: this is interest-only debt on a thirty-four-apartment building, which means no principal has been amortized and the full balance comes due at maturity. Obtain the current balance, rate and maturity date from the managing agent. A refinancing in the current rate environment is the most likely source of a maintenance increase here.
Assessments. The corporation has run a recurring assessment of roughly $59,000 a year in the years covered by the statements on file, in addition to maintenance. Cash and reserves stood near $800,000 at the most recent year-end on file. Real estate taxes ran about $408,000 against maintenance revenue of about $834,000 — roughly 49 cents of every maintenance dollar going to the city — which is the reality of a fully taxed prewar cooperative with no abatement.
Policy framework
The published record here is thinner than at a larger building, and honestly so: the house rules on file are detailed on conduct and silent on transactions. Pets require prior written board approval and that approval is revocable. Subletting and alterations are governed by separate board-adopted policies not reproduced in the house rules. Shareholders must carry insurance at stated minimums naming the corporation. Eighty percent floor covering is required. Construction is weekdays only.
Financing ceiling, post-closing liquidity requirement, debt-to-income threshold, flip tax rate, sublet term limits and fees, and the board's posture on pied-à-terre, trust and LLC ownership are not published anywhere. They are board policy at a thirty-four-apartment cooperative, and they change. Every one of them should come from the managing agent in writing before a contract is signed. In a building this small, the board's practice — not any published rule — is the governing document.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Recent sales
The Rutherfurd trades on room count and river exposure. Its buyer pool overlaps heavily with Morningside Heights and the upper Riverside Drive co-op market: academics, families trading up from smaller Upper West Side apartments, and buyers who want prewar scale at a discount to the 70s and 80s. Combined apartments in the west-facing lines are the building's premium product and are genuinely scarce — there are only a few of them, and they rarely come to market twice in a decade. Indexed to the last complete year, the upper Riverside Drive co-op market has rewarded renovated, large-format apartments and penalized estate condition; the no-doorman staffing and the fully taxed maintenance structure both show up as discounts against doorman buildings further south.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent transfers at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Dec 5, 2024 | 7C | 1 BR · 1 BA · 700 sf | $875,000 | $1,250/sf | -4.4% |
| Jul 29, 2024 | 2A | 2 BR · 1 BA · 825 sf | $740,000 | $897/sf | -6.9% |
| Nov 22, 2022 | 12A | 3 BR · 2.5 BA | $2,200,000 | -6.4% | |
| Mar 29, 2022 | 2D | 1 BR · 1 BA · 500 sf | $490,000 | $980/sf | -1.8% |
| Jul 22, 2021 | 4B | 3 BR · 2 BA | $1,800,000 | -2.7% | |
| Jul 1, 2021 | 3AB | 3 BR · 2 BA | $2,750,000 | -5.2% | |
| Jun 2, 2021 | 11CD | 2 BR · 2 BA | $1,500,000 | +0.0% | |
| Jul 17, 2019 | 5B | 1 BR · 1 BA | $930,000 | +13.4% |
Market read. Most recent trades (2024) cleared a median $1,024/sf across 2 sales. Median listing discount 2.3% 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.
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 1-01893-0001) 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; square footage on co-ops is not officially recorded, figures shown are approximate.
What to know if you’re buying
Do the board-package work early. This is a co-op purchase: shares, a proprietary lease, a full financial package and an interview. The financing ceiling and post-closing liquidity expectation are not published, so establish them before you write an offer. Run the Co-op Board Qualification Calculator against the assumption of a conservative small-building board.
Underwrite the underlying mortgage. Interest-only debt, no amortization, and a maturity that the audited statements on file place in 2027 before the 2021 Apple Bank consolidation. Get the current terms. If a refinancing is coming at a higher rate, that cost lands in maintenance across thirty-four apartments.
Expect assessments to be part of the picture. A recurring assessment has run alongside maintenance in the years on file. Ask what is currently billed, what is authorized, and what the next Local Law 11 cycle is expected to cost.
Verify the district before you plan any work. The building is in Riverside–West End Extension II, not Morningside Heights, even though the buildings immediately north of it are. Window replacements, through-wall units and anything visible from the street go through Landmarks under Extension II's guidance.
Confirm the pet and pied-à-terre policies in writing. Listing records describe the building as pet-friendly and pied-à-terre-friendly; the house rules on file condition pets on revocable written board approval and say nothing about occupancy. Both statements can be true; only one of them is documented.
What to know if you’re selling
Sell the scale and the corner. Combined apartments with river light are what this building has that its competition does not. Market the room count and the exposures, and be specific about which lines see the Hudson.
Assemble the diligence file before you list. Current audited financials, current tax bill, current underlying mortgage terms, assessment status, and the sublet and alteration policies. A small-building sale stalls most often on a buyer's attorney asking a question nobody has an answer to.
Be honest about no doorman. It is a real price factor and buyers work it out anyway. Pricing it in from the start is faster than defending it in negotiation.
Model your net. The flip tax rate is not published — get it from the managing agent before you set an asking price, and run the Seller Closing Cost Calculator.
Comparable buildings
If you're considering 360 Riverside Drive, also evaluate:
- 370 Riverside Drive — the immediate neighbor on the same tax block, Schwartz & Gross, 1922, in the Morningside Heights Historic District
- 390 Riverside Drive — Riverside Drive cooperative one block north
- 404 Riverside Drive — the 1909 cooperative above Cathedral Parkway
- 610 West 110th Street — same tax block, Cathedral Parkway frontage; the condominium alternative in the immediate area
- 375 Riverside Drive — Ajello on Riverside Drive at 109th Street
- 395 Riverside Drive — Ajello, Riverside Drive at 111th Street
- 325 Riverside Drive — Ajello, Riverside Drive at 105th Street; a close like-for-like in age, architect and scale
- 300 West 109th Street — the large prewar cooperative one block north
- 329 West 108th Street — the small prewar cooperative on the same street, also in Extension II
- 600 West 115th Street — Ajello in Morningside Heights proper
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Riverside Drive — read The Roebling Team Guide to Riverside Drive.
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.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent.
Considering a move at The Rutherfurd, recorded by the Landmarks Preservation Commission as the building's historic name. Listing and management records spell it variously Rutherfurd, Rutherford and Rutheford?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Rutherfurd, recorded by the Landmarks Preservation Commission as the building's historic name. Listing and management records spell it variously Rutherfurd, Rutherford and Rutheford 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.