Manhattan condos · below 96th $1,600/sf ▴2%Manhattan co-ops · below 96th $270K/room ▴2%Central Park perimeterPark Ave $472K/room ▴18%CPW $355K/room ▾5%Fifth Ave $501K/room ▴19%Billionaires' Row $4,313/sf ▴24%East Village $1,663/sf ▴10%
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Cooperative · 1921
La Touraine
50 Morningside Drive, New York, NY 10025

50 Morningside Drive

50 Morningside Drive, New York, NY 10025

BBL 1018670059 · BIN 1056052

At a glance
Year built
1921
Type
Cooperative
Units
24
Floors
6
Landmark
No
Considering a sale?

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

A Private Pricing Opinion — what your apartment at La Touraine 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.

Owner-occupied apartments on Morningside Drive are scarce. The Drive runs along the top of the Morningside Park escarpment, and its west side is lined with apartment houses of six to fifteen stories, mostly prewar, most of which city records show held by Columbia University and Teachers College as institutional housing. On La Touraine's own tax block, every residential building except two is university-owned: La Touraine and its neighbor at 54 Morningside Drive are the only cooperatives. That makes No. 50 one of a small number of ways to own a park-facing prewar apartment on this stretch of the Drive.

The ownership record is clean. ACRIS shows share transfers between unrelated buyers and sellers across 18 of the 24 apartments since 2006, with no sponsor or investor entity selling blocks of shares. ACRIS's indexed record for this lot begins only in the mid-2000s, so the conversion date is not documented in public records; ask the managing agent.

Architecture and unit composition

The building is a six-story masonry apartment house with terra-cotta trim — a 2001 DOB filing covered replacement of damaged terra-cotta lintels and spandrels and flashing of the steel behind them. A 2006 filing covered roof work and restoration of the north elevation.

The plan is four apartments per floor, numbered by floor and line (apartment 32 is the second line on the third floor), with apartments at the first floor as well. On an 85-foot lot, the park-facing lines carry the building's value. DOB filings since 2014 show individual renovations that relocate kitchens and open masonry walls; confirm from a floor plan which lines face the park and which face the side street or the rear.

Building operations

Facade. The building files under the city's facade inspection program (FISP), and every cycle on record — 6 (2007), 7 (2012), 8 (2018) and 9 (2023) — was reported SWARMP: safe, with a repair and maintenance program. That means repair items are identified and must be addressed before the next cycle. PLUTO's six-floor count sits at the edge of FISP's threshold, which applies to buildings taller than six stories; confirm the story count, and ask what the Cycle 9 report requires and whether the work is funded.

Underlying mortgage. ACRIS shows a $530,000 cooperative-lender mortgage in February 2012, satisfied in November 2022, with no later mortgage recorded against the lot. The corporation may carry no underlying mortgage, or its current debt may be an unrecorded line of credit. The financial statements will settle it.

J-51. DOF's historical J-51 file, which runs through 2018, has no record for this lot, and DOF's current abatement detail carries none. Carrying costs are fully taxed, with no burn-off ahead.

Policy framework

Board package and interview. A purchaser buys shares and a proprietary lease, subject to board approval after a full package and interview. Budget four to eight weeks from a signed contract to a board decision.

Financing, liquidity, sublets, pied-à-terre, trusts and the flip tax. None is published and none is documented in any record available to us. The financing ceiling, post-closing liquidity requirement, sublet policy, flip tax, pied-à-terre and trust or LLC ownership rules all come from the managing agent. Get them in writing before the offer.

Recent sales

Pricing at 50 Morningside Drive is best read per room. Value turns on whether an apartment faces the park, its floor and the age of its renovation; park-facing upper-floor apartments set the top of the range. The comparable set is small because most of the neighboring buildings do not sell apartments at all, so the right benchmarks are the few cooperatives on the Drive and the prewar cooperatives of the Morningside Heights Historic District to the west, adjusted for the park frontage. A 24-apartment building trades only a few times a year; index any read to the last complete year.

Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

51+88%
$837,500 2016 → $1,575,000 2017
42+46%
$995,000 2008 → $1,451,000 2016
32+31%
$1,150,000 2015 → $747,500 2024 → $1,502,200 2025
62+27%
$998,500 2010 → $1,270,000 2023
64+27%
$1,120,000 2012 → $1,420,000 2017

Recent transfers at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
Jun 9, 202532$1,502,200
Feb 1, 202432$747,500
Mar 21, 202362$1,270,000
Mar 21, 202323$1,165,000
Mar 1, 202252$1,335,000
Nov 12, 20213$752,500

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01867-0059) 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.

Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.

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What to know if you’re buying

Confirm the debt position. The last recorded mortgage was paid off in 2022. Ask for two years of audited statements and confirm whether the corporation carries any loan or line of credit, and how large its reserves are.

Ask about the Cycle 9 repairs. The facade has been SWARMP for four cycles. Find out what repairs the 2023 report lists and whether they will be paid from reserves or an assessment.

Get the policy stack in writing. Nothing about financing, subletting or the flip tax is public for this building.

What to know if you’re selling

Lead with the park. Park-facing apartments on this stretch of the Drive are scarce because most of the blockfront is institutional housing that never comes to market.

Have the financials and the facade file ready. A buyer's attorney will ask about the underlying mortgage and the facade program. Clean answers on both are part of the pitch.

Comparable buildings

More Upper West Side buildings

The neighborhood

For the full corridor — architecture, transit, and pricing across Upper West Side — read The Roebling Team Guide to Upper West Side.

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.

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. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.

Considering a move at La Touraine?

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