THE CONDO BOOK PROJECT

801 Riverside Condominium

801 Riverside Drive, Manhattan, NY 10032

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Overview

Units
48 residential
Subway
2 min walk to 157 St 1155 St C, 9 min
Principals
Joel Wiener, A. Floyd Lattin, Frank P. Patafio, Russell L. Appel
Average $/sf
$637Homes in Schedule A, as first offered
Common charges
$291–$935 a monthSponsor's first-year estimate in Schedule A, July 1, 2007 - June 30, 2008
Offering price
$21.2 million total $26.3 million when first offered

The sponsor of record is 801 Realty Co., LLC, represented by Pryor Cashman LLP. The offering plan runs 411 pages. The sponsor has filed 22 amendments, the latest in April 2026. The nearest other condo plan on file is 807 Riverside Condominium, next door.

Plan CD060072 · Conversion · accepted Nov 17, 2006 · AG record ↗

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FigureThis building1Morgan Park293 units · 6.2 miaccepted 2006The Cass Gilbert345 units · 6.5 miaccepted 2003
Common ChargesPer Square Foot / Month$0.71In line$0.85$0.42
Average Offering PricePer Apartment$548,417Below peers$601,934$1.24M
Average PricePer Square Foot$637In line$814$612
Average Unit SizeSquare Feet861 SFIn line737 SF2,032 SF

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Unit mix, closings, budgets, finishes and the team, against Morgan Park and The Cass Gilbert, cited to the offering plans. No credit card required.

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How We Got This
  • Comps: the closest Manhattan plans on size, $/SF and launch date, within 2 miles when possible.
  • Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
  • Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
  • Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

Closings Pro

Homes closed100% of the homes in Schedule A48 of 48
Closing prices vs. Schedule A26 homes: $10,577,351 at closing against $13,270,000 in Schedule A (p. 27, p. 28)−20.3%
Average closing price26 homes, on their Schedule A square feet$498 / SF
Closingsfirst and latest recordedJan 31, 2008 – Jul 7, 2017

Sales recorded with the Department of Finance (ACRIS) through Jul 31, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

All 48 closings
HomeRecordedClosing priceSchedule ADifference
2BJan 31, 2008$425,800$499,000 p. 27−14.7%
2HFeb 5, 2008$314,372$300,000 p. 27+4.8%
6AFeb 8, 2008$560,038$725,000 p. 28−22.8%
4EFeb 15, 2008$340,704$480,000 p. 28−29%
1BFeb 20, 2008$423,852$450,000 p. 27−5.8%
3HMar 24, 2008$344,760$340,000 p. 27+1.4%
6FMay 16, 2008$495,942$529,000 p. 28−6.2%
2CJun 2, 2008$278,850$275,000 p. 27+1.4%
5DJun 20, 2008$520,000$799,000 p. 28−34.9%
4FJul 22, 2008$460,000$495,000 p. 28−7.1%
3GJul 23, 2008$560,000$799,000 p. 27−29.9%
1DAug 22, 2008$498,465$709,000 p. 27−29.7%
1CAug 25, 2008$233,220$250,000 p. 27−6.7%
5HSep 9, 2008$334,620$375,000 p. 28−10.8%
6ESep 29, 2008$475,000$515,000 p. 28−7.8%
4COct 2, 2008$304,200$315,000 p. 27−3.4%
2FDec 3, 2008$427,908$460,000 p. 27−7%
4GJul 16, 2009$515,000$825,000 p. 28−37.6%
3COct 28, 2009$265,000$295,000 p. 27−10.2%
2EJan 14, 2010$385,000$445,000 p. 27−13.5%
6HJan 14, 2010$325,000$395,000 p. 28−17.7%
4AFeb 10, 2010$412,000$685,000 p. 27−39.9%
4BJul 26, 2010$436,000$575,000 p. 27−24.2%
6GJun 15, 2011$487,000$875,000 p. 28−44.3%
1AJul 19, 2012$420,000$525,000 p. 27−20%
5CMar 13, 2014$334,620$335,000 p. 28−0.1%
1EJul 7, 2017$37,152,000one deed, 22 homes$425,000 p. 27—
1FJul 7, 2017$37,152,000one deed, 22 homes$445,000 p. 27—
1GJul 7, 2017$37,152,000one deed, 22 homes$739,000 p. 27—
1HJul 7, 2017$37,152,000one deed, 22 homes$289,000 p. 27—
2AJul 7, 2017$37,152,000one deed, 22 homes$645,000 p. 27—
2DJul 7, 2017$37,152,000one deed, 22 homes$729,000 p. 27—
2GJul 7, 2017$37,152,000one deed, 22 homes$769,000 p. 27—
3AJul 7, 2017$37,152,000one deed, 22 homes$665,000 p. 27—
3BJul 7, 2017$37,152,000one deed, 22 homes$555,000 p. 27—
3DJul 7, 2017$37,152,000one deed, 22 homes$759,000 p. 27—
3EJul 7, 2017$37,152,000one deed, 22 homes$460,000 p. 27—
3FJul 7, 2017$37,152,000one deed, 22 homes$475,000 p. 27—
4DJul 7, 2017$37,152,000one deed, 22 homes$779,000 p. 28—
4HJul 7, 2017$37,152,000one deed, 22 homes$355,000 p. 28—
5AJul 7, 2017$37,152,000one deed, 22 homes$705,000 p. 28—
5BJul 7, 2017$37,152,000one deed, 22 homes$595,000 p. 28—
5EJul 7, 2017$37,152,000one deed, 22 homes$495,000 p. 28—
5FJul 7, 2017$37,152,000one deed, 22 homes$510,000 p. 28—
5GJul 7, 2017$37,152,000one deed, 22 homes$855,000 p. 28—
6BJul 7, 2017$37,152,000one deed, 22 homes$625,000 p. 28—
6CJul 7, 2017$37,152,000one deed, 22 homes$360,000 p. 28—
6DJul 7, 2017$37,152,000one deed, 22 homes$820,000 p. 28—

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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Budget

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

Team

Sponsor
801 Realty Co., LLC
Principals
Joel Wiener, A. Floyd Lattin, Frank P. Patafio, Russell L. Appel
Construction lender
Wells Fargo BankLender on the mortgage and building loan agreement recorded December 2004 in ACRIS

From our research: Do NYC Developers Rehire the Same Firms?

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