40 RIVERSIDE DR #PHTRIPLEX
About This Property
CLARENCE TRUE MANSION
Few if any residences offer the drama, scale, light and spectacular views of this Penthouse triplex situated in the West Side's most architecturally important limestone corner mansion on Riverside Drive at 76th Street. On the first level (the fourth floor of the house), the elevator opens to a beautiful sinuous, steel staircase which showcases a 27 foot ceiling.. Arched windows usher in light from the south and west. A huge living room with wood burning fireplace framed by an enormous marble mantelpiece and a bay window with amazing views of Riverside Park and the Hudson River. There is a formal dining room with fireplace and Juliet Balcony, a TV room, powder room and an eat-in-kitchen with adjacent dining balcony. On the second level (the fifth floor of the house), is the master bedroom with en suite bath and an exterior terrace atop the rotunda providing spectacular views of sunsets over Riverside Park and the Hudson River. There is an office, wet bar and access to the third level (the sixth floor of the house), where there is a second bedroom with en suite bath and direct access to the penthouse roof terrace. There are five exterior spaces-a round sitting area in the grand rotunda, a Juliet balcony off the dining room, and a dining terrace off the kitchen, plus two roof decks, the use of all of which outdoor space is exclusive to the owner of this apartment. Condition is excellent, move-in. In addition, the residence conveys with a ground floor one bedroom studio with small garden, functioning well as a guest suite or professional office.
Offered for sale as separate, cooperative apartments, or together with the other residence in the building. If re-combined, this Clarence True designed mansion (once home to the great architect himself and to the legendary artist Marc Chagall) and built in the Elizabethan Renaissance Revival style, would once again enjoy its original, rare single-family home status on one of the highest points of Riverside Drive.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 9, 2013 | Sold | ||
| Sold | |||
| Jan 9, 2013 | Listed by Stribling & Associates Ltd | $5,650,000 | |
| Listed by Stribling & Associates Ltd | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/09/2013
|
3 Bed
|
3 Bath
|
-
|
$5,650,000
3 Bed
3 Bath
|
$5,650,000
02/05/2021
|
Cathy Taub
Sothebys International Realty
| |
|
11/30/-0001
|
3 Bed
|
-
|
-
|
$5,650,000
3 Bed
-
|
$5,650,000
07/09/2013
|
Cathy Taub
Sotheby's International Realty, Inc.
|
Building Info
- 1 Units
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017