Cloister Apartments

Cloister Apartments is a Co-op located 1793 Riverside Drive, in Washington Heights, New York. The building was first built in 1926 and is 98 years old. The lot that the building was built on is 85 feet wide and 165 feet long. The official lot area is listed as 13,775 square feet. The building itself is 84 feet wide and 152 feet long. In total, 1793 Riverside Drive has a total floor area of 66,456 square feet. Of that, 63,956 square feet are used for residential purposes. About 2,500 square feet of the building are used for commercial purposes. There are a total of 62 units. Of those, 58 are residential units. There are four commercial units. 1793 Riverside Drive has a total of 6 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 60 closings on record, of which we have matching data for 11 listings. In the past 3 years, a listing in this building will typically remain on the market for about 165 days Meaning, listings tend to sell at a median of $567 price per square foot. The transaction that took the longest to complete was unit 2H, listed on Mar 09, 2018 for $899,000. This particular unit ultimately sold 264 days later for $850,000. The most recent transaction was for unit 4J, sold for $0 on Oct 12, 2023. Fun fact, the oldest transaction we have on record took place on Nov 09, 1973. See the full transaction history for Cloister Apartments below.

Washington Heights, where 1793 Riverside Drive is located, has a median asking price of $940,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $659,500. For interested buyers, that means the building's median asking price is around 0.30% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $675,000. It is a 3-bedroom and 1-bathroom unit.