Cooperative · 1925
37 Riverside Drive
37 Riverside Drive, New York, NY 10023
Buildings·Cooperative

37 Riverside Drive

37 Riverside Drive, New York, NY 10023

At a glance
Year built
1925
Type
Cooperative
Landmark
Designated
The Data Room

Every recorded sale at this building, 2003–2026

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

3BR median
$4.1M
Recent range
$2.4M – $5.5M
Listing discount
11.3%
Recorded transfers
31

37 Riverside Drive is one of the quieter prizes of the West 70s — a 16-story neo-Georgian house designed in 1925 by Schwartz & Gross, the firm responsible for a remarkable share of the Upper West Side's most graceful pre-war apartment stock. It sits directly on the park-block of Riverside Drive at 76th Street, where the boulevard curves and Riverside Park drops away toward the river, giving upper floors open western light and water views that no later infill can reproduce.

What distinguishes the building is its scale of living. Across sixteen floors there are only 33 apartments — most floors carry just two residences — which means full-width, gracious layouts with the room counts, ceiling heights, and entry galleries that defined the era. Converted to cooperative ownership in 1944, it has been an owner-occupied co-op for the better part of a century, with the stability and stewardship that long tenure brings.

For buyers, the appeal is specific: a true pre-war Riverside Drive co-op, two apartments to a landing, on a landmarked stretch a short walk from the express subway at 72nd Street — at a price point that remains a relative value against Central Park West and Fifth.

Architecture and unit composition

Schwartz & Gross gave 37 Riverside Drive a restrained neo-Georgian face — warm brick above a limestone base, classical entry detailing, and the disciplined window rhythm the firm favored — calibrated to read as a dignified residential house rather than a showpiece. The corner siting at 76th Street is the building's great asset: river-facing rooms on the west elevation and side-street light to the south.

Inside, the two-per-floor plan produces large, gracious apartments with the hallmarks of the period — entrance foyers, separated entertaining and bedroom wings, hardwood floors, and high beamed ceilings. Layouts run to substantial three- and four-bedroom homes, with combinations on lower floors and a penthouse tier at the top. The building permits washer/dryers in residences, a meaningful convenience that not every pre-war co-op of this vintage allows.

Building operations

This is a full-service cooperative. A 24-hour doorman and a live-in superintendent anchor the staff, with a basement fitness room, bike room, private storage, and central laundry rounding out the practical amenities. Pets are permitted. The cooperative permits financing up to 75% of the purchase price, and a flip tax of 2.5% is paid by the purchaser at closing. As with most pre-war co-ops on the Drive, purchases are reviewed by a board, and the building is run for long-term owner-occupancy.

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

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.

Inspection history
2005–10
Safe
2010–15
SWARMP
2015–20
SWARMP
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2027
On record
$7,500 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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
Mar 19, 202612B
2 BR · 2.5 BA
$3,400,000-2.9%
Nov 7, 202411A
3 BR · 4 BA · 2,600 sf
$4,083,913$1,571/sf-18.2%
Jul 31, 20248A
3 BR · 3 BA
$5,500,000-11.3%
Feb 29, 20246B
3 BR · 3 BA · 1,930 sf
$2,440,000$1,264/sf-7.9%
Aug 3, 20221C
1 BR · 700 sf
$800,000$1,143/sfoff-mkt
Jul 8, 20221AB
4 BR · 2 BA
$2,450,000-9.2%
Jun 3, 202211B
2 BR · 2.5 BA
$2,675,000+7.2%
Apr 25, 20226A
4 BR · 3 BA
$3,450,000+15.2%

Market read. Most recent trades (2024) cleared a median $1,571/sf across 2 sales. Median listing discount 4.0% 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.

8A+100%
$2,750,000 2003$1,707,133 2011$5,500,000 2024
15B · 1,800 sf+25%
$2,625,000 ($1,458/sf) 2007$2,500,000 ($1,389/sf) 2009$3,285,000 ($1,825/sf) 2015
4B+24%
$2,225,000 2017$2,750,000 2022
1C · 700 sf+8%
$740,000 ($1,057/sf) 2015$800,000 ($1,143/sf) 2022
1AB-5%
$2,575,000 2009$2,921,250 2014$2,450,000 2022

Other recent transfers

DateUnitPrice
Sep 1, 20224B$2,750,000
Mar 11, 202112A$7,100,000
Aug 16, 201714B$3,000,000
Jun 24, 201512A$5,595,000
Mar 14, 20118A$1,707,133
Jan 28, 201113B$1,350,000
View all 31 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 1-01185-0042) 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

The scarcity is the point. With only 33 apartments and most floors held by long-tenured owners, inventory is limited and the full-floor-style layouts rarely surface — when one does, it deserves a prompt, well-prepared offer. Underwrite the building as a classic pre-war purchase: a board package and interview, financing capped at 75%, and a 2.5% flip tax due from the buyer at closing.

The value case is favorable. Riverside Drive pricing has long sat at a discount to the marquee Central Park and Fifth Avenue addresses for comparable space and finish, and a river-facing pre-war here delivers light, air, and proportion that command far more a few blocks east. We help buyers read the floor plan against the building's two-per-floor logic, weigh western exposure and renovation condition, and benchmark the ask against recent Drive trades.

What to know if you’re selling

Lead with what is genuinely scarce: a Schwartz & Gross pre-war on the park block of Riverside Drive, two apartments per floor, with river light and washer/dryers permitted in the home. Those are durable differentiators against the larger, more anonymous co-ops nearby.

Positioning and timing matter because turnover is so low. A well-prepared listing benefits from the absence of competing inventory in the building, but it must be priced to the apartment's specific floor and exposure rather than to a building-wide average. We market Drive co-ops to the buyer who is specifically seeking pre-war scale and river outlook, present the board-package realities up front to keep deals on track, and manage the cooperative's review process toward a clean, on-time closing.

Comparable buildings

If you're considering 37 Riverside Drive, also evaluate nearby Riverside Drive and West End Avenue pre-war cooperatives:

The Roebling Team at 37 Riverside Drive

The Roebling Team at Compass specializes in the Upper West Side, Riverside Drive, West End Avenue, and the broader park-facing Manhattan market. We publish this profile because buyers and sellers evaluating thin-turnover pre-war co-ops deserve building-specific intelligence — the architecture, the board posture, the amenity set, and where pricing sits against the surrounding Drive inventory.

If you're considering a purchase or sale at 37 Riverside Drive, a 30-minute consultation is the right starting point.

Considering a move at 37 Riverside Drive?

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Current availability including off-market, the full comp set, and the board & financials read most listings don't show.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com