Cooperative — an HDFC · 1910
The Grinnell
800 Riverside Drive, New York, NY 10032
Buildings·Washington Heights·Cooperative — an HDFC

800 Riverside Drive (The Grinnell)

800 Riverside Drive, New York, NY 10032

At a glance
Year built
1910
Type
Cooperative — an HDFC
Units
80
Landmark
Designated
Pets
Permitted per listing records

The Grinnell is the building most people picture when they picture Audubon Park: a nine-story triangular fortress of brick and terra cotta riding the high ground at 157th Street, with towers at its corners and three street frontages where most apartment houses get two. The site was literally the Grinnell family's cow pasture — part of the estate ground that had once been John James Audubon's Minnie's Land — and the family's name carries real history: George Bird Grinnell, who grew up in Audubon Park, went on to found the first Audubon Society and drive the creation of Glacier National Park, where a glacier, a lake, and a peak still carry the name. When the subway reached 157th Street, the Centre Realty Company built the Grinnell on the pasture, completing it in July 1911; the New York Herald noted that summer that, unlike conventional corner buildings, every principal room faced the street — the structural payoff of the triangular plan, which Schwartz & Gross organized around a central light court so generous that courtyard rooms read as bright as street rooms.

The building's second act is one of the better tenant-ownership stories in Manhattan. By the mid-1970s, after passing through a series of failing owners, the Grinnell was effectively abandoned — no heat, no hot water, no elevator service — and the tenants organized a rent strike, obtained a court-appointed administrator, and ultimately bought the building from New York City in 1982 through the HDFC program after the city took it in tax foreclosure. The city delivered the building as-is, with millions in repairs outstanding; in exchange, the regulatory agreement was written without the fixed income ceiling typical of HDFCs, instead linking buyer income limits to sale prices, and a steep first-decade flip tax channeled early resale profits into capital repairs. The arc — rent strike to one of the most successful HDFC cooperatives in the city, with apartments trading above $1 million — has been documented in co-op trade press, including a 2019 CooperatorNews case study.

For buyers, the structural facts are these: pre-war scale (the apartments here have never been subdivided, which is unusual for the district), a protected streetscape under the 2009 Audubon Park Historic District designation, and pricing meaningfully below what equivalent rooms cost in Hudson Heights or on lower Riverside Drive — in exchange for HDFC mechanics that demand careful diligence. That trade is the whole analysis, and it rewards buyers who do the work.

Architecture and unit composition

Schwartz & Gross — the same firm behind 555 Edgecombe Avenue and a long catalog of pre-war Manhattan apartment houses — gave the Grinnell a rusticated base, ornamental brickwork rising at the corners and mid-block, and the two-story arched entry whose leaf-and-berry terra cotta repeats a motif from their Rhinecleff Court nearby. The plan is the rare one that wastes no exposure: apartments originally ran ten to a floor, from five rooms to nine rooms with three baths, with duplexes flanking the entrance archway where the entry passage interrupted the lower floor plates, and a third duplex with its own exterior entrance a few paces up Riverside Drive. Original details — high ceilings, formal foyers, long galleries, herringbone floors in many units — survive across much of the building, and because the apartments were never carved up in the building's distressed decades, layouts remain close to the 1911 program. Upper west-facing lines carry Hudson River and George Washington Bridge views over Riverside Drive's parkland.

Building operations

The Grinnell runs as a self-governed HDFC cooperative with a professional managing agent: doorman coverage roughly 18 hours a day per listing records, a live-in superintendent, fitness room, central laundry, bike and private storage, and a residents' roof deck. Operations and capital work are funded the HDFC way — maintenance, assessments, and transfer fees — and the building's stewardship since the 1982 purchase is a large part of why it trades at the top of the HDFC market. Buyers' attorneys should review the regulatory agreement, the corporation's financials, and the current transfer-fee structure during diligence; we maintain a building research file in The Roebling Research Library and obtain current documents at offer stage.

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 →

Recent sales

The retrade record

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

7C+74%
$915,000 2010$1,595,000 2017
2F+73%
$925,000 2005$1,600,000 2015
4A+41%
$1,100,000 2013$1,549,500 2026
2B+34%
$725,000 2007$975,000 2016
7E+26%
$1,612,500 2007$2,025,000 2014

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
Mar 11, 20264A$1,549,500
Nov 7, 20246E$1,600,000
Jul 30, 20245-D$600,000
Jul 19, 20248H$1,515,000
Aug 2, 20237H$1,530,000
May 2, 20238H$1,522,250
View all 40 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 1-02134-0195) 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.

What to know if you’re buying

Underwrite the HDFC mechanics first. This is not a standard co-op purchase. The regulatory agreement ties the maximum buyer income to the sale price — there is no fixed ceiling, but there is a unit-specific calculation, and recent listing records have cited household income limits in the high-$500,000s to high-$600,000s. Have the managing agent run the number for your specific deal before you fall in love with a floor plan.

The price is the compensation. You are buying never-subdivided 1911 Schwartz & Gross rooms, three exposures of protected streetscape, and river views at pricing conventional co-op buyers cannot find below 96th Street. The spread versus comparable non-HDFC stock is the value case; the transfer fee and income formula are what fund and protect it.

Plan around the fee stack. A transfer fee exists and HDFC resale economics differ from market co-ops; model the all-in cost of a future exit with your attorney before contract, and confirm financing expectations — equity requirements at HDFCs are real. Run the Co-op Board Qualification Calculator early.

The district is part of the asset. Audubon Park's 2009 designation protects the ensemble — the Grinnell, the Riviera, the Sutherland, and the curved streetscape between them. Exterior work runs through Landmarks, which is both constraint and guarantee.

Transit and geography are better than the zip-code assumption. The 1 train at 157th Street is a few hundred feet away; the C at 155th is close; Riverside Drive's parkland, Trinity Cemetery, and the Hispanic Society's Audubon Terrace are the immediate context. Spend time on the block — the topography and quiet surprise downtown buyers.

What to know if you’re selling

Market the building, not just the unit. The Grinnell has a genuinely distinguished story — Audubon's estate, the Grinnell conservation legacy, the 1911 triangular plan, the tenant rescue, the historic district. Buyers who choose this building choose it on narrative and scale; give them both with precision.

Pre-educate on HDFC terms. Deals here die on surprise, not on the building. The income formula, the transfer fee, and the financing posture should be in the listing conversation from day one, with the managing agent's current numbers in hand. We prepare that package before launch.

Price to the HDFC market, not the borough comps. The correct comparables are this building's own history and the city's top HDFC trades — not Hudson Heights co-ops with unrestricted resale. Same-line history matters most; we maintain it in the Research Library.

Comparable buildings

If you're considering the Grinnell, also evaluate:

  • 790 Riverside Drive (The Riviera) — the Audubon Park district's 13-story neighbor, completed months earlier; the closest like-for-like in scale and streetscape
  • 611 West 158th Street (The Sutherland) — the district's curved-front neighbor across Edward M. Morgan Place
  • 555 Edgecombe Avenue — Schwartz & Gross landmark co-op on Sugar Hill's ridge; the same architects at the same altitude
  • 409 Edgecombe Avenue — Sugar Hill's storied pre-war co-op; the historic-prestige alternative east of the park
  • 116 Pinehurst Avenue (Hudson View Gardens) — Hudson Heights' Tudor co-op enclave; the non-HDFC alternative uptown
  • Castle Village — the Hudson Heights co-op campus with river views; the full-amenity alternative
  • 100 Bennett Avenue — Hudson Heights post-war co-op; the conventional-mechanics comparison point

The Roebling Team at The Grinnell

The Roebling Team at Compass works Washington Heights, Hudson Heights, and the upper Riverside Drive corridor as a core practice area, including the specialized diligence that HDFC cooperatives require. We publish this building profile because Grinnell buyers and sellers deserve building-specific intelligence — regulatory-agreement mechanics, district context, and HDFC-tier comparables — not generic neighborhood commentary.

If you're considering a transaction at the Grinnell, a 30-minute consultation is the right starting point.

Considering a transaction at The Grinnell?

A 30-minute consultation is the right starting point.

Schedule a consultation →
Corey Cohen · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com