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

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

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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The Paterno - 440 Riverside Drive, New York, NY 10027 2
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Address

Building name The Paterno
Primary address The Paterno - 440 Riverside Drive
Secondary address 653-663 W 116th St
Neighborhood Morningside Heights
Zip code 10027
Borough Manhattan
Block & lot 01990-0001

Sales & Tax Overview for 440 Riverside Drive, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 12/15/2010
Purchase price $81,561
Tax class
Estimated property tax $666,346

Lot & Building Information for 440 Riverside Drive, New York

Lot sqft 15,750
Lot dimensions 107.5 ft x 182.25 ft
Building class Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4) i
Building sqft 148,982
Building dimensions 92 ft x 172 ft
Buildings on lot 1
Stories 13
Year built 1910
Year last altered 1987
Frontage(s) Claremont Avenue (narrow)
Riverside Drive (narrow)
West 116 Street (wide)
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Zoning & Use for 440 Riverside Drive, New York

Zoning
Residential units (DOF) 106
Regulated units
Commercial units 1
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 3
Community district 9
Closest police station 0.58 Miles
Closest fire station 0.28 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 440 Riverside Drive, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for The Paterno - 440 Riverside Drive, New York, NY 10027, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for The Paterno - 440 Riverside Drive, New York, NY 10027, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 653-663 W 116th St, New York, NY 10027
  • 1-3 Claremont Ave, New York, NY 10027
  • 440-442 Riverside Dr, New York, NY 10027
  • 440-442 RSD, New York, NY 10027

About 440 Riverside Drive, New York

What is the year built & the total sq. ft. for The Paterno - 440 Riverside Drive, New York, NY 10027?

The Paterno - 440 Riverside Drive, New York, NY 10027 was built in 1910 and has a total of 148,982 square feet.

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

Assessed at $6,359,400, the tax amount paid for The Paterno - 440 Riverside Drive, New York, NY 10027 is $767,230. For the next year, the tax amount for The Paterno - 440 Riverside Drive, New York, NY 10027 is estimated at $666,346.

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

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

How many residential units does this building have?

This building has 106 residential unit(s) and 1 commercial spaces.

Ownership Information for 440 Riverside Drive, New York

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Property owner name for The Paterno - 440 Riverside Drive, New York, NY 10027
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Building contacts for The Paterno - 440 Riverside Drive, New York, NY 10027
Building management:
Representatives (from permits):
Tenants:
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Past Sales & Property History for 440 Riverside Drive, New York

Create a free account to view the complete sales history for 440 Riverside Drive, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
12/15/2010 $81,561

Title Documents for 440 Riverside Drive, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
10/30/2025 - R UCC3 Continuation
(2025102800912001)
03/12/2021 - D
03/15/2021 - R
Landmark Designation
(2021031200556001)
01/20/2021 - R UCC3 Amendment
(2021011301528006)
01/20/2021 - R Initial UCC1
(2021011301528005)
12/29/2020 - D
01/20/2021 - R
Assignment of Leases and Rents
(2021011301528004)
12/29/2020 - D
01/20/2021 - R
Agreement
(2021011301528003)
12/29/2020 - D
01/20/2021 - R
Assignment, Mortgage
(2021011301528001)
02/29/2020 - D
01/20/2021 - R
Mortgage
(2021011301528002)
05/18/2018 - R UCC3 Continuation
(2018051701110001)
06/24/2013 - R Initial UCC1
(2013061000620006)
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R: Recorded date
D: Document date

Property Taxes for 440 Riverside Drive, New York

Access detailed property tax data for The Paterno - The Paterno - 440 Riverside Drive, New York, NY 10027. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $655,747
Estimated property tax: $666,346
Tax assessor's market value: $14,132,000
Assessed value: $6,359,400
Exemptions granted by city:

Assessment History for 440 Riverside Drive, New York

Here's the assessment & property tax history for 440 Riverside Drive, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year 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%

Permits for 440 Riverside Drive, New York

The complete history of permits filed for 440 Riverside Drive, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
12/22/2025 Alteration
09/23/2025 Alteration
08/04/2025 Alteration
08/04/2025 Alteration
07/14/2025 Alteration
06/04/2025 Alteration
05/05/2025 Alteration
04/04/2025 Alteration
04/04/2025 Alteration
03/31/2025 Alteration
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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
$1,100,000
-9.5% YoY
Median Price/Sqft
$1,350
-16.9% YoY
Manhattan Median Sale Price
$1,100,000
1.9% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Broadway & 116th St at NW Corner
Station lines 1
Distance (miles) 0.081
View subway map
Bus Routes
Name Riverside DR/W 116 St
Line M5
Distance (miles) 0.019

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 440 Riverside Drive, New York

Here are the neighbors for The Paterno - The Paterno - 440 Riverside Drive, New York, NY 10027.

Address Square feet Purchase date Purchase price
21 Claremont Ave, New York 58,750
25 Claremont Ave, New York 60,104
29 Claremont Ave, New York 42,691
39 Claremont Ave, New York 74,634
606 W 120th St, New York 107,520 05/25/1978
3350 Broadway, New York 50,742 12/16/1986
1 Hamilton Pl, New York 1,144 11/11/2005
15 Claremont Ave, New York 55,960
1540-1570 Amsterdam Ave, New York 600
520 W 136th St, New York 41,358 08/27/2020 $8,425,000
516 W 136th St, New York 15,048 07/22/2010 $2,800,000
35 Claremont Ave, New York 42,691
47 Claremont Ave, New York 26,302 09/09/1976
464 Riverside Dr, New York 50,120
3009 Broadway, New York 698,122 05/25/1978
3 Hamilton Pl, New York 7,845 05/10/2010 $1,400,000
468 Riverside Dr, New York 67,518 07/14/1982
519 W 135th St, New York 19,781
624 W 119th St, New York 28,883 06/26/1969
536 W 136th St, New York 30,444 05/25/1978
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