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285 Riverside Drive #5B
Coop in Upper West Side •  building info
3bd • 3ba
List Price

$1,750,000

Key Details
Days on market
181
Last price change
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Estimated payment
$11,108
Monthly taxes
N/A
Monthly maintenance
$3,503
Description
Please Note: Images are renderings - the apartment is in need of a complete renovation. The apartment is currently uninhabitable. Discover the allure of Apartment 5B at 285 Riverside Drivean iconic residence steeped in nearly a century of rich history, awaiting a transformative touch with your vision and your architects expertise. This classic six home, nestled in the heart of the picturesque Upper West Side, invites you to reimagine luxury living against the backdrop of western-facing vistas overlooking the Hudson River and Riverside Park. Reserved for those with an eye for architectural potential, this pet-friendly, full-service co-op building promises a canvas for rejuvenation and revitalization. Showcasing a spacious foyer with abundant coat closets, the entrance leads seamlessly to a gallery connecting bedrooms, maid's quarters, and kitchena perfect opportunity for your architect to weave their magic. Currently configured with two king-sized bedrooms boasting river views, a third bedroom or maid's quarters, a generously proportioned living room, and a formal dining room accessed through elegant French doors, the possibilities are as expansive as the views beyond. Craft a grand living and dining area that seamlessly transitions from everyday tranquility to soires that linger in the memory. Beyond its aesthetic appeal, the building offers practical amenities: excellent financials, low maintenance fees, a laundry room, storage (waitlist), and a bike room. Conveniently located near multiple subway stops, Columbia University, and a myriad of supermarkets, cafes, and shopping options, this address is a testament to both style and substance. The board will consider co-purchasing, guarantors, pied-a-terre ownership, and financing of up to 67% of the purchase price.Showings are by appointment only. Please note: there is a flip tax of 2% of the purchase price payable by the buyer.

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
Hardwood floors
Park View
Water View
Fireplace: Decorative
Building Amenities
Bike Room
Live In Super
Fios Available
Laundry in Building
Coop Rules
Gaurantor Permitted
Parents Buying Allowed
Pied-a-Terre Allowed
Building info

History
What it'll cost
Purchase price
$1,750,000
Asking Price: $1,750,000
Term
30 Years
Down Payment
$577,000 (33%)
Min: 33% (577,000)
Rate
6.75 %
Mortgage Amount
$1,172,500
Mortgage Payment
$7,605
Maintenance
$3,503
Estimated closing cost
$25,000
Total monthly cost $11,108
Listing Courtesy of Compass

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