advanced search 779 Riverside Drive
New York, NY 10032
212-433-1234
Residential, Sales, Condo, Multifamily
The sponsor(s) filed plans on 08/11/06 for a condo project at 779 Riverside Drive with 104 residential units. The sponsor(s) were approved to market the units for sale on 10/11/07. TRData has determined that the sponsor(s) have sold more than 80 percent of the sponsor units in the building.
- Address 779 Riverside Drive
- neighborhood Washington Heights
- borough Manhattan
- owner GF Capital
- developer GF CAPITAL
- owner entity HEIGHTS HQ LLC
- architect Citiscape Consulting
- PLANS DISCLOSED 02/28/2014
- dob permit issued 03/13/2015
- DOB FILE PLANS 02/28/2014
- DOB FILE Link
- LIST/LAUNCH SALES 10/11/2007
- height in feet 66
- floors 6
- AG Initial Price $ 57,679,500
- ag file plans 08/11/2006
- AG FILE Link
- residential units 104
- commercial units 2
- hotel units 0
- total units 258
- square feet 15,986
- const. status CONDO COMPLETE
- block and lot 1-02134-7502
- BIN 1063251
Condominium Units+
| UNIT# | BLOCK & LOT | PURCHASE PRICE | OWNER | SELLER | PROPERTY TYPE | SQUARE FEET | PURCHASE DATE | OWNER ENTITY | SELLER ENTITY |
|---|---|---|---|---|---|---|---|---|---|
| A-32 | 1021341231 | Felsen, Irit V; Parsons, John A | D4 - Elevator Cooperative | 1711 | |||||
| A-43 | 1021341247 | Mizuno, Ryo | D4 - Elevator Cooperative | 705 | |||||
| A-51 | 1021341260 | D4 - Elevator Cooperative | 1083 | ||||||
| A-62 | 1021341276 | Syed, Ali Husain; Syed, Alizeh Ashraf | D4 - Elevator Cooperative | 1711 | |||||
| B-15 | 1021341208 | D4 - Elevator Cooperative | 751 | Vrg Properties, LLC | |||||
| B-20 | 1021341218 | Filan, Robin | D4 - Elevator Cooperative | 754 | |||||
| B-34 | 1021341237 | D4 - Elevator Cooperative | 801 | Arya Tara, LLC | |||||
| B-41 | 1021341249 | Ira Services Trust Company, Cfbo Minwei Yu Ira 476 | D4 - Elevator Cooperative | 876 | |||||
| B-55 | 1021341268 | Shankar, Karthikeyan | D4 - Elevator Cooperative | 757 | |||||
| C-12 | 1021341211 | Kluger, Daniel; Sunday Evans, Lee | D4 - Elevator Cooperative | 1027 | |||||
| C-43 | 1021341257 | Bailey, Jennifer P; Bailey, Paul Christian | D4 - Elevator Cooperative | 1799 | |||||
| C-53 | 1021341272 | Fiorito, Frank | D4 - Elevator Cooperative | 1272 |
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- Event Sales
- Building Name Washington Heights
- Address 779 Riverside Drive
- Neighborhood Washington Heights
- Borough Manhattan
- Price $ 19,300,000
- Price per foot $ 136.00
- Publication Date 05/01/2006
- Event Date 03/22/2006
- Party 1 Manhattan investor
- Party 1 Brokerage Massey Knakal Realty Services
- Party 1 Broker Robert Shapiro, Shimon Shkury
- Party 2 Brokerage Massey Knakal Realty Services
- Party 2 Broker Robert Shapiro, Shimon Shkury
notes
The six-story, rent-stabilized, elevatored apartment property sold in an all-cash transaction for $19.3 million, which represents capitalization rate of 4.95 percent, a gross rent multiple of 11.59, and a and a price of $136 per buildable square foot. The property aggregates 99,750 square feet of space which includes a 90 car garage and is zoned for an additional 41,900 square feet of air rights. The acquirer intends to convert the property to condominium units.