395 Riverside Drive (The Matincote)

The building rises 15 stories in limestone and beige brick over a roughly 14,250-square-foot corner lot, with about 152,000 square feet of reported residential building area. That total does not establish the size, configuration or subdivision history of individual apartments. The mix runs from one-bedrooms through large three-bedroom lines, many with defined entry foyers, windowed kitchens, and formal dining rooms; listing records document one-bedroom lines with 35-foot living rooms and three-bedroom lines with 24-foot dining rooms. West-facing units carry the park-and-Hudson outlook; upper floors clear the treeline. City records show recorded floor area of roughly 10.7 times the lot against a 6.02 residential FAR; that simple comparison does not establish legal zoning floor area or what could be built on the Drive today. The 2017 historic-district designation puts the facade and streetscape around it under Landmarks review.

Full-service at the corridor's standard: full-time doorman, live-in superintendent, renovated fitness center, central laundry, caged storage, and bike room per listing and management-sourced records. The two-wing layout means low neighbor counts per elevator landing. The policy stack documented in listing records is 75 percent financing, pets permitted and pieds-à-terre permitted; sublet terms and any flip tax should be confirmed with the managing agent during diligence.

Recent sales

Recent transfers at this building, from The Roebling Research Library. 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.

Market read. Most recent trades (2026 to date) cleared a median $964/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 0.9% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01894-0067). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. 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.

You are buying the corridor's closing argument. Last documented Ajello commission, park-front siting, historic-district protection since 2017 — the provenance is specific, but it does not establish better value retention through market cycles. Compare matched sales by exposure, floor, layout and condition.

Assess the Morningside Heights location. Columbia and nearby medical institutions are local destinations, and the 1 train serves 110th and 116th Streets. Their presence does not establish unusually stable buyer demand. Compare actual travel needs and current sales at this West 112th Street address, sixteen numbered streets north of 96th Street.

Two policy terms are documented. Financing up to 75 percent and pied-à-terre use are permitted. Confirm current sublet and flip-tax terms — they are not firmly documented publicly — and run the Co-op Board Qualification Calculator before offering.

Historic-district mechanics apply. Anything touching windows, facade, or roofline runs through LPC. Interior renovations are conventional, but pre-war systems in a 1925 building reward a careful engineering review — the offering plan on file with us is the starting document.

Pick the line for light. The chamfered west frontage and the corner geometry make line selection unusually consequential here: park-front west lines and high south corners carry the premium; interior and light-court exposures price differently. Same-line history matters more than building averages.

Lead with Ajello and the park. The designation record's "last known commission" finding is a marketing fact most owners on this corridor cannot claim. Pair it with the protected park outlook and the domestic-scale lobby — buyers respond to specifics, not adjectives.

Compare other Riverside Drive addresses carefully. Use recent matched sales from the 96th-to-86th Street stretch as well as Morningside Heights, adjusting for layout, exposure, condition, services and carrying costs. A shared park frontage does not make the architecture or prices identical or establish a discount.

Condition transparency wins with this buyer pool. The academic and professional demand base is deliberate and diligence-driven. Renovated kitchens and restored pre-war detail clear at premiums; estate condition clears when priced to the renovation math — run the Renovation Cost Calculator against your asking strategy.

If you're considering 395 Riverside Drive, also evaluate:

• 390 Riverside Drive — the building's twin, one block south at 111th Street; same architect, same developer, lighter facade
• 325 Riverside Drive (The Sherwood) — Ajello at 105th Street; the closest like-for-like park-front co-op
• 340 Riverside Drive — Sugarman & Berger at 106th Street, developed by the same Joseph Golding organization
• 310 Riverside Drive (The Master Apartments) — the corridor's Art Deco landmark alternative
• The Paterno (440 Riverside Drive) and The Colosseum (435 Riverside Drive) — the famous curved-facade pair framing 116th Street; the corridor's trophy pre-wars
• 404 Riverside Drive — neighboring pre-war co-op at 113th Street
• 222 Riverside Drive — the lower-corridor comparison near 94th Street, for buyers weighing the 96th Street pricing seam