Built around 1900 this stunning 5 story Riverside Drive mansion is available for the first time in many years! With a lovely facade and old world charm, beautiful Riverside Park and Hudson River views, the building is currently set up as 10 apartments (seven 2 bedrooms, two 1 Bedrooms and one 3 Bedroom... and unit 1B with a huge garden). The lot dimensions are 25.83 x 111.75 and the building dimensions are 20 feet wide and 76 feet deep. 414 Riverside Drive is currently 6895 square feet with unused FAR of 10,408. There is a unique opportunity that will speak to both an end user creating a single-family home or to a discerning developer/investor looking to offer high end rentals. Currently all free market apartments, with the possibility of restoring the prior owners duplex, this special one of a kind building in the Columbia University neighborhood can be delivered vacant. CURRENT RENT ROLL: 1A - Split Studio: $2300 1B - Two Bedroom: $3000 2A - Two Bedroom: $3300 2B - Two Bedroom: $3100 3A - Two Bedroom: $3250 3B - Two Bedroom: $2875 4A - Three Bedroom: $$4125 4B - Two Bedroom: $2850 5A - One Bedroom: $2700 5B - Two Bedroom: $2800 TOTAL CURRENT RENT ROLL: $296,400/year CURRENT EXPENSES: Taxes: $59,896 Fuel: $23,206 Electric: $1853 (Tenants pay their own electric) Water/Sewer: $5353 Insurance: $12,300 TOTAL CURRENT EXPENSES: $102,608
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
