New York City  »  10027  »  Riverside Dr  »  440 Riverside Dr

The Paterno - 440 Riverside Drive, New York, NY 10027 - Property report

Also known as: 653-663 W 116th St

Property image for The Paterno - 440 Riverside Drive, New York, NY 10027
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Property type

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Year built

1910

Lot sq. ft.

15,750

Sale price

$81,561

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Building name
The Paterno
Primary address
The Paterno - 440 Riverside Drive
Alternate address(es)
1-3 Claremont Ave
440-442 Riverside Dr
440-442 RSD
Show all
ZIP code
10027
Neighborhood
Morningside Heights
Borough
Manhattan
Block & lot
01990-0001

Owner

Find out who owns The Paterno - 440 Riverside Drive, New York, NY 10027. Uncover corporate and individual owners with a free account.

Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
148,982
Building dimensions
92 ft x 172 ft
Buildings on lot
1
Stories
13
Year built
1910
Last altered
1987
Sales
Sale date
12/15/2010
Sale price
$81,561
Tax
Tax year
2026-2027
Property tax
$667,955
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
106
Residential sq. ft.
Commercial units
1
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Riverside Drive (wide)
Claremont Avenue (narrow)
Claremont Avenue (wide)
Distance to wide street
Lot dimensions
107.5 ft x 182.25 ft
Lot sq. ft.
15,750

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
68 /100.  Bikeable
School district
3
Community district
9
Closest police station
0.58 Miles
Closest fire station
0.28 Miles

View more such as transportation, nearby schools and risk designations.

Units for The Paterno - 440 Riverside Drive, New York, NY

Unit Sale date Sale price Sq. ft. Price/Sq. ft.
Unit 101 03/05/2021
Unit 1 734
Unit 102
Unit 105 02/13/2024 1,150
Unit 106 12/01/2021
Unit 107
Unit 108 02/27/2026
Unit 111 06/18/2008
Unit 112,113
Unit 112
Unit 114 10/25/2023
Unit 116 07/06/2021
Unit 118 02/12/2026
Unit 121 02/06/2020
Unit 122
Unit 123,124
Unit 123 06/14/2004
Unit 1234
Unit 124
Unit 125
Unit 126 04/30/2012
Unit 1A 02/23/2016
Unit 21
Unit 22 10/16/2012
Unit 23 05/12/2021 1,200
Unit 24-34,35
Unit 24
Unit 2434
Unit 25 03/30/2017
Unit 26
Unit 27 09/22/2020
Unit 3 01/03/2013 500
Unit 32 06/12/2013 1,650
Unit 33 01/22/2019
Unit 34
Unit 35 05/27/2009 700
Unit 36
Unit 37 04/04/2012 1,050
Unit 38
Unit 4
Unit 41 05/03/2011 1,900
Unit 42 08/20/2010
Unit 44 07/11/2019
Unit 45 08/05/2014
Unit 46
Unit 47,48 06/01/2005
Unit 47
Unit 48
Unit 52,53
Unit 53
Unit 54 03/06/2013 700
Unit 56 10/04/2006
Unit 57 06/24/2021
Unit 58 08/22/2022
Unit 6 06/10/2024
Unit 61
Unit 63 08/21/2014 1,200
Unit 64 09/08/2005 750
Unit 67,68
Unit 67 01/29/2025
Unit 68 09/29/2009
Unit 7
Unit 72 07/13/2023
Unit 73 07/13/2023
Unit 74 10/19/2007
Unit 75 02/19/2021
Unit 76
Unit 77
Unit 78
Unit 8 08/18/2025
Unit 81 08/28/2019
Unit 82 02/08/2011
Unit 83 03/28/2019 1,200
Unit 84
Unit 85 11/28/2018
Unit 86 12/17/2010
Unit 87 06/27/2025
Unit 88 05/18/2017 1,250
Unit 9 02/17/2015
Unit 91 09/18/2013
Unit 94 08/11/2016 675
Unit 95 08/24/2023
Unit 96 04/04/2007 1,150
Unit 97 07/01/2024
Unit 98 08/08/2017
Unit B
Unit E 09/30/2016
Unit F 02/25/2022
Unit STUDIOE
Ownership

Ownership information for The Paterno - 440 Riverside Drive, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for The Paterno - 440 Riverside Drive, New York, NY 10027

Sale date Sale price Buyer name Seller name
12/15/2010 $81,561 XXXXX, XXXXXXX XXX XXX XXXXX, XXXXXXX XXX XXXXXXXXX XXXXXX XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/30/2025 - R UCC3 Continuation
(2025102800912001)		 XXX XXXXXXXXX XXXXXX XXXX XXXXXXXX XXXX X X (XXXXXXXXX
03/15/2021 - R
03/12/2021 - D		 Landmark Designation
(2021031200556001)		 XXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXX
01/20/2021 - R UCC3 Amendment
(2021011301528006)		 XXX XXXXXXXXX XXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
01/20/2021 - R Initial UCC1
(2021011301528005)		 XXX XXXXXXXXX XXXXXX XXXX XXXXXXXXX XXXX
01/20/2021 - R
12/29/2020 - D		 Assignment of Leases and Rents
(2021011301528004)		 XXX XXXXXXXXX XXXXXX XXXX XXXXXXXXX XXXX
01/20/2021 - R
12/29/2020 - D		 Agreement
(2021011301528003)		 XXX XXXXXXXXX XXXXXX XXXX XXXXXXXXX XXXX
01/20/2021 - R
12/29/2020 - D		 Assignment, Mortgage
(2021011301528001)		 XXX XXXX XXXXXXXX XXXX XXXXXXXXX XXXX
01/20/2021 - R
02/29/2020 - D		 Mortgage
(2021011301528002)		 XXX XXXXXXXXX XXXXXX XXXX XXXXXXXXX XXXX
05/18/2018 - R UCC3 Continuation
(2018051701110001)		 XXX XXXXXXXXX XXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
06/24/2013 - R Initial UCC1
(2013061000620006)		 XXX XXXXXXXXX XXXXXX XXXX XXX XXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for The Paterno - 440 Riverside Drive, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$667,955
Municipal exemptions
Recent tax assessments
Market value
$14,529,000
Assessed value
$6,538,050

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $14,132,000 $6,359,400 $6,167,940 12.439% $772,073 $655,196 -0.73%
2024/25 $13,927,000 $6,267,150 $6,174,440 12.5% $776,374 $660,021 -0.21%
2023/24 $13,806,000 $6,212,700 $6,166,300 12.502% $776,712 $661,409 +5.36%
2022/23 $13,518,000 $6,083,100 $6,035,300 12.267% $746,214 $627,786 -10.40%
2021/22 $14,891,000 $6,700,950 $6,646,830 12.235% $819,861 $700,675 -19.28%
2020/21 $17,007,000 $7,653,150 $7,076,450 12.267% $874,811 $868,068 +4.14%
2019/20 $17,546,000 $7,895,700 $6,682,930 12.473% $840,827 $833,562 +6.11%
2018/19 $17,005,000 $7,652,250 $6,228,930 12.612% $794,862 $785,593 +8.25%
2017/18 $14,258,000 $6,416,100 $5,705,940 12.719% $735,308 $725,739 +3.69%
2016/17 $13,422,000 $6,039,900 $5,429,280 12.892% $709,983 $699,943 +3.87%
Permits

Permit information for The Paterno - 440 Riverside Drive, New York, NY

Filing date Job type Job status Job description Initial cost
06/28/2026 Alteration
05/13/2026 Alteration
05/12/2026 Alteration
05/05/2026 Alteration
04/27/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID Inspection date Class NOV issue date Status
06/04/2025 A
11/22/2024 I
02/16/2022 A

*Most recent HPD violations on record for this property.

Neighborhood

Morningside Heights residential market stats

Access a detailed real estate market overview of Morningside Heights so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Morningside Heights and compare it to other neighborhoods in Manhattan.

Median sale price

$770,000

-0.6% Y-o-Y

Median price/sq. ft.

$1,580

18.7% Y-o-Y

Manhattan median sale price

$1,260,000

5.4% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Broadway & 116th St at NW Corner
Station lines
1
Distance (miles)
0.081
View subway map

Access the detailed traffic volume map for The Paterno - 440 Riverside Drive, New York, NY 10027 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 36 Margaret Douglas 4 Yes Public PK, K-5 268 0.43
P.S. 36 Margaret Douglas 4 Yes Public PK, K-5 268 0.43
P.S. 125 Ralph Bunche 6 Yes Public PK, K-5 262 0.50
P.S. 125 Ralph Bunche 6 Yes Public PK, K-5 262 0.50
St Hilda's & St Hugh's School NR No Private PK, K-8 375 0.12
St Hilda's & St Hugh's School NR No Private PK, K-8 375 0.12
Cooke School NR No Private K-12 315 0.15
The Riverside Church Weekday School NR No Private PK-K 19 0.24
The Riverside Church Weekday School NR No Private PK-K 19 0.24
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
St Hilda's & St Hugh's School NR No Private PK, K-8 375 0.12
Cooke School NR No Private K-12 315 0.15
Bank Street School for Children NR No Private PK-8 448 0.24
Corpus Christi School NR No Private PK-8 170 0.27
The School At Columbia University NR No Private K-8 510 0.36
Mott Hall Ii 6 No Public 6-8 359 0.44
KIPP S.T.A.R. Charter School 7 No Charter K-8 740 0.48
P.S. 180 Hugo Newman 5 No Public PK, K-8 338 0.49
Columbia Secondary School 8 No Public 6-12 690 0.50
New York French American Charter School 6 No Charter PK, K-8 275 0.58
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Cooke School NR No Private K-12 315 0.15
Columbia Secondary School 8 No Public 6-12 690 0.50
Urban Assembly for the Performing Arts 3 No Public 9-12 265 0.68
Academy For Social Action A College Board School NR No Public 8-12 85 0.69
Frederick Douglas Academy II Secondary School 3 No Public 6-12 324 0.71
Wadleigh Secondary School for the Performing and Visual Arts 4 No Public 6-12 353 0.71
Opportunity Charter School 2 No Charter 6-12 379 0.72
Aichhorn School (The) NR No Private 9-12 0 0.74
Aichhorn School NR No Private 9-12 0 0.74
Young Women's Leadership School 6 No Public 6-12 446 0.80

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for The Paterno - 440 Riverside Drive, New York, NY

21 Claremont Ave, New York 25 Claremont Ave, New York 29 Claremont Ave, New York 39 Claremont Ave, New York 606 W 120th St, New York 3350 Broadway, New York 1 Hamilton Pl, New York 15 Claremont Ave, New York 1540-1570 Amsterdam Ave, New York 520 W 136th St, New York 516 W 136th St, New York 35 Claremont Ave, New York 47 Claremont Ave, New York 464 Riverside Dr, New York 3009 Broadway, New York 3 Hamilton Pl, New York 468 Riverside Dr, New York 519 W 135th St, New York 624 W 119th St, New York 536 W 136th St, New York

Nearby ZIP codes for The Paterno - 440 Riverside Drive, New York, NY

07010, Bergen County, NJ 07020, Bergen County, NJ 07024, Bergen County, NJ 10024, New York City, NY 10025, New York City, NY 10026, New York City, NY 10028, New York City, NY 10029, New York City, NY 10030, New York City, NY 10031, New York City, NY 10032, New York City, NY 10035, New York City, NY 10037, New York City, NY 10039, New York City, NY 10075, New York City, NY 10115, New York City, NY 10128, New York City, NY 10451, New York City, NY 10452, New York City, NY 10454, New York City, NY

Frequently asked questions

What is the year built for The Paterno - 440 Riverside Drive, New York, NY 10027?

The development at The Paterno - 440 Riverside Drive, New York, NY 10027 was built in 1910.

What is the total square footage of The Paterno - 440 Riverside Drive, New York, NY 10027?

The Paterno - 440 Riverside Drive, New York, NY 10027 has a total of 148,982 square feet.

When was The Paterno - 440 Riverside Drive, New York, NY 10027 last sold and what was the sale price?

The Paterno - 440 Riverside Drive, New York, NY 10027 was last sold on 12/15/2010 for $81,561.

What is the assessed value of The Paterno - 440 Riverside Drive, New York, NY 10027?

The Paterno - 440 Riverside Drive, New York, NY 10027 is currently assessed at $6,538,050.

What are the property taxes for The Paterno - 440 Riverside Drive, New York, NY 10027?

The property taxes for The Paterno - 440 Riverside Drive, New York, NY 10027 total $776,341.

How many residential units does this building have?

This building has 106 residential unit(s).

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