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 off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
