The handle designates a selected location in New York Metropolis. It’s a exact identifier for a property located on a specific avenue, permitting for unambiguous referencing in numerous contexts, akin to postal supply, property information, and emergency companies dispatch. For example, people may use this handle when sending mail or packages to residents, or when in search of details about the property’s possession or historical past.
This location holds worth for a number of causes. Its scenario alongside a distinguished thoroughfare suggests potential advantages associated to accessibility and visibility. Traditionally, Riverside Drive has been related to fascinating residential actual property and scenic views. The precise character and benefits rely upon the precise property located at this handle; potential advantages could embrace proximity to native facilities, parks, and transportation choices, in addition to the intrinsic value of the actual property itself.
The next sections will delve deeper into features associated to properties just like these situated at this handle, exploring widespread architectural types, typical facilities, and related metropolis rules. This expanded view goals to supply a extra full understanding of the traits related to residential actual property of this kind inside New York Metropolis.
1. Manhattan’s Higher West Facet
The handle, 1051 Riverside Drive NY, is inextricably linked to Manhattan’s Higher West Facet. It exists as a bodily level inside the outlined geographical and cultural boundaries of this neighborhood. Consequently, the property’s traits, together with its actual property worth, architectural model, and resident demographics, are all closely influenced by the Higher West Facet’s established identification. For instance, the stringent zoning rules and landmark preservation efforts attribute of the Higher West Facet immediately have an effect on potential renovations or alterations to any constructing situated on the specified handle. Equally, the realm’s repute for mental and cultural pursuits contributes to the perceived worth of the placement for potential residents.
The Higher West Facet’s historic improvement as a residential space, notably its affiliation with prosperous populations and architecturally important buildings alongside Riverside Drive, offers additional context. This historic backdrop explains the presence of particular architectural types widespread within the space, types which are doubtless mirrored within the constructing at 1051 Riverside Drive. Moreover, the neighborhood’s proximity to Central Park and Riverside Park, defining options of the Higher West Facet, improve the attractiveness and desirability of residences located close by, together with these on the given handle. The presence of those facilities has a direct, measurable impression on property values.
In conclusion, understanding the connection between 1051 Riverside Drive NY and Manhattan’s Higher West Facet is essential for precisely assessing the property’s worth, its place inside the group, and the life-style it affords. Challenges could come up from the inherent constraints of residing in a densely populated city surroundings, akin to restricted parking and excessive residing prices. Nevertheless, these challenges are sometimes offset by the advantages of residing in a extremely fascinating location with entry to cultural establishments, inexperienced areas, and a powerful sense of group, all hallmarks of Manhattan’s Higher West Facet.
2. Residential Constructing Location
The designation of 1051 Riverside Drive NY as a “Residential Constructing Location” establishes its main perform and informs numerous features of its worth, rules, and potential makes use of. This categorization dictates the constructing’s permitted actions, structural traits, and the expectations surrounding its occupancy.
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Zoning Rules and Compliance
Residential zoning dictates permissible constructing heights, setbacks, and utilization varieties. At 1051 Riverside Drive NY, compliance with these rules is paramount. Violations can result in fines, authorized motion, and probably compelled alterations to the property. As an example, any proposed addition or modification should adhere to the precise pointers outlined by the native zoning board, guaranteeing the venture aligns with the residential character of the neighborhood.
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Infrastructure and Facilities
Residential buildings require particular infrastructure to assist their perform, together with water provide, sewage disposal, electrical energy, and probably gasoline. The supply and reliability of those companies are essential for the constructing’s habitability and have an effect on its market worth. 1051 Riverside Drive NY doubtless advantages from connection to town’s established infrastructure community, offering important facilities for its residents. Nevertheless, older buildings could face challenges associated to outdated methods and potential upgrades.
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Density and Occupancy
Residential constructing location additionally determines the permissible density of occupancy. Rules dictate the variety of items allowed inside the constructing and will impose restrictions on the variety of people residing in every unit. These limitations goal to handle inhabitants density, stop overcrowding, and guarantee satisfactory residing situations. At 1051 Riverside Drive NY, the constructing’s design and historic classification doubtless affect the variety of residences it incorporates.
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Security and Safety Measures
Designating a constructing as residential necessitates the implementation of particular security and safety measures. These measures embrace fireplace suppression methods, satisfactory egress routes, and safety protocols to guard residents. Common inspections and upkeep are important to make sure these methods are functioning accurately. At 1051 Riverside Drive NY, the presence of smoke detectors, fireplace alarms, and safe entry factors could be anticipated, contributing to the security and well-being of its inhabitants.
In conclusion, the categorization of 1051 Riverside Drive NY as a “Residential Constructing Location” shouldn’t be merely a label; it’s a determinant of its authorized obligations, infrastructural necessities, and the requirements to which it should adhere. Understanding these aspects is essential for potential residents, property homeowners, and metropolis planners alike, because it shapes the constructing’s performance, worth, and its integration inside the city panorama.
3. Riverside Park Proximity
The proximity of 1051 Riverside Drive NY to Riverside Park is a big issue influencing its desirability and worth. This connection extends past mere geographical adjacency, deeply impacting the life-style, facilities, and market dynamics related to the property.
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Enhanced High quality of Life
Direct entry to Riverside Park offers residents of 1051 Riverside Drive NY with alternatives for recreation, rest, and engagement with nature. This consists of actions akin to strolling, jogging, biking, and picnicking, contributing to improved bodily and psychological well-being. Moreover, the park serves as a buffer from the noise and congestion sometimes related to city residing, making a extra tranquil surroundings. The park’s inexperienced areas additionally present aesthetic advantages, enhancing the visible attraction of the neighborhood.
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Property Worth Appreciation
Proximity to inexperienced areas, notably well-maintained parks like Riverside Park, demonstrably will increase property values. Residences close to parks command larger costs and rental charges in comparison with comparable properties situated additional away. The desirability of 1051 Riverside Drive NY is considerably enhanced by its shut proximity to the park, attracting a premium in the actual property market. This benefit stems from the perceived shortage of comparable properties with comparable entry to inexperienced areas inside Manhattan.
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Entry to Facilities and Occasions
Riverside Park affords a spread of facilities and hosts numerous occasions all year long, additional benefiting residents of close by properties. These facilities embrace playgrounds, sports activities fields, canine runs, and cultural sights. Occasions akin to concert events, festivals, and farmers’ markets contribute to a vibrant group ambiance. Residents of 1051 Riverside Drive NY can simply take part in these actions, enhancing their social lives and sense of belonging.
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Improved Environmental Circumstances
Riverside Park contributes to improved environmental situations in its surrounding areas. The park’s vegetation helps to cut back air air pollution, mitigate the city warmth island impact, and handle stormwater runoff. These advantages immediately impression the well being and well-being of residents in close by buildings like 1051 Riverside Drive NY. The park’s position in making a extra sustainable city surroundings provides to the long-term worth and attraction of the placement.
In summation, the proximity of 1051 Riverside Drive NY to Riverside Park is a key determinant of its worth and desirability. This connection affords tangible advantages associated to high quality of life, property appreciation, entry to facilities, and environmental sustainability. These benefits underscore the significance of contemplating location relative to inexperienced areas when evaluating city actual property.
4. Actual Property Market Worth
The actual property market worth of 1051 Riverside Drive NY is a posh composite influenced by quite a few interconnected elements. This worth represents the estimated value a prepared purchaser would pay, and a prepared vendor would settle for, in an open market transaction. Among the many main determinants are location-specific concerns, together with proximity to facilities akin to Riverside Park, entry to transportation networks, and the general desirability of the Higher West Facet neighborhood. Moreover, the constructing’s age, situation, architectural model, and the dimensions and configuration of particular person items contribute considerably. Prevailing financial situations, rates of interest, and broader market developments inside the New York Metropolis actual property sector exert extra affect. As an example, a interval of low rates of interest could stimulate demand, driving up costs for properties like 1051 Riverside Drive NY, whereas an financial downturn could have the alternative impact. Current comparable gross sales within the fast neighborhood function essential information factors for appraisers and actual property professionals in assessing its market worth.
Understanding the actual property market worth of this particular handle possesses sensible significance for numerous stakeholders. For property homeowners, it informs selections associated to potential gross sales, refinancing, or property planning. Potential consumers depend on correct valuation to make knowledgeable funding decisions. Lenders make the most of market worth assessments to find out the quantity of mortgage financing they’re prepared to increase. Metropolis tax assessors use property values as a foundation for calculating property taxes. Furthermore, information of market dynamics permits knowledgeable negotiations throughout property transactions. For example, if comparable gross sales counsel a declining development in property values, a purchaser could negotiate a decrease buy value, whereas a vendor could delay a sale in anticipation of a market upturn. Exterior elements, akin to deliberate infrastructure enhancements or adjustments in zoning rules, may also exert a considerable affect on the trajectory of the property’s market worth.
In conclusion, the actual property market worth of 1051 Riverside Drive NY shouldn’t be a static determine however somewhat a dynamic reflection of a mess of financial, social, and locational forces. Precisely assessing this worth requires a complete understanding of those interconnected elements. Whereas challenges could come up as a result of market volatility and the complexity of valuation methodologies, an intensive evaluation offers essential insights for knowledgeable decision-making within the context of actual property transactions and funding methods. These elements contribute to the broader understanding of properties inside the New York Metropolis actual property panorama.
5. Architectural Model Specifics
The architectural model specifics of a constructing situated at 1051 Riverside Drive NY are intrinsic to its identification and worth. This handle, located on a traditionally important thoroughfare in Manhattan, is probably going dwelling to a construction exhibiting architectural traits widespread to the late nineteenth and early twentieth centuries, the interval when Riverside Drive skilled substantial improvement. The architectural model shouldn’t be merely aesthetic; it displays the social, financial, and technological context of its development. For instance, if the constructing embodies Beaux-Arts design, widespread alongside Riverside Drive, it might characteristic classical parts akin to symmetrical facades, ornate detailing, and grand entrances, reflecting the period’s emphasis on grandeur and ritual. Conversely, if it adopts an Artwork Deco model, it would exhibit streamlined types, geometric patterns, and trendy supplies, indicative of the interwar interval’s embrace of commercial progress. Figuring out the precise architectural model offers insights into the unique intent of the constructing, the supplies utilized in its development, and potential structural concerns for preservation or renovation.
The architectural model dictates sensible features akin to upkeep necessities, potential renovation challenges, and compliance with landmark preservation rules. A constructing with intricate ornamentation, attribute of many pre-war types, requires specialised restoration methods and supplies, growing upkeep prices. Conversely, an easier, extra trendy design may supply larger flexibility for inside renovations however probably lack the historic character valued by some residents. Data of the architectural model is crucial for guaranteeing any modifications or repairs are sympathetic to the constructing’s unique design and adjust to native rules. As an example, altering the facade of a landmarked constructing with out correct approval can lead to substantial fines and authorized motion. Actual property listings and property value determinations typically spotlight architectural model as a key promoting level, emphasizing options that attraction to discerning consumers who respect historic significance and design integrity.
In abstract, understanding the architectural model specifics of a constructing at 1051 Riverside Drive NY is essential for appreciating its historic context, managing its upkeep, and navigating regulatory necessities. The architectural model influences the constructing’s aesthetic attraction, its practical features, and its financial worth. This understanding aids owners, potential consumers, preservationists, and metropolis planners in making knowledgeable selections relating to the property’s preservation, renovation, and utilization. Ignoring the architectural model can result in expensive errors, regulatory violations, and a diminished appreciation for the constructing’s distinctive character and contribution to the city panorama.
6. Native Historic Context
The native historic context surrounding 1051 Riverside Drive NY is important to understanding its significance and inherent worth. The property’s place inside the broader narrative of the Higher West Facet and Riverside Drive shapes its architectural character, regulatory constraints, and perceived desirability.
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Riverside Drive’s Improvement
Riverside Drive’s development within the late nineteenth and early twentieth centuries remodeled a beforehand undeveloped space right into a prestigious residential hall. The handle, 1051 Riverside Drive NY, doubtless displays this period in its architectural model, probably embodying Beaux-Arts or Artwork Deco influences. The unique intent behind the Drive’s improvement to create a scenic route and appeal to prosperous residents continues to affect the property’s market worth and group character. Historic information, architectural surveys, and landmark designations supply insights into the precise constructing’s origins and evolution inside this broader context.
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Affect of Outstanding Residents
Riverside Drive has been dwelling to quite a few distinguished figures all through its historical past, contributing to its cultural cachet and attracting discerning residents. The presence of artists, intellectuals, and enterprise leaders within the space enhanced its repute as a fascinating handle. Whereas the precise historic residents of 1051 Riverside Drive NY could require additional analysis, the general legacy of distinguished residents alongside Riverside Drive contributes to the status related to properties within the neighborhood. This historic affiliation generally is a promoting level, attracting consumers who worth the realm’s wealthy cultural heritage.
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Landmark Preservation and Regulatory Constraints
The Higher West Facet, together with Riverside Drive, is topic to stringent landmark preservation rules designed to guard its historic character. These rules can impression potential renovations, alterations, or demolitions of properties at 1051 Riverside Drive NY. Understanding the precise landmark standing (if any) of the constructing and the relevant rules is crucial for property homeowners and builders. Compliance with these rules ensures the preservation of the constructing’s architectural integrity and its contribution to the general historic context of the neighborhood.
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Evolution of the Higher West Facet Group
The Higher West Facet has undergone important demographic and social adjustments all through its historical past. Understanding these shifts from its early days as a haven for rich households to its later diversification and embrace of cultural establishments offers context for the present-day character of the neighborhood. The residents of 1051 Riverside Drive NY are a part of this evolving group, and their way of life, preferences, and expectations are formed by the realm’s historic trajectory. Inspecting census information, historic accounts, and group archives reveals the dynamic interaction between the previous and current on the Higher West Facet.
In conclusion, the native historic context offers a vital lens via which to grasp the importance of 1051 Riverside Drive NY. The property’s architectural model, regulatory surroundings, and group character are all deeply rooted within the space’s previous. This historic consciousness enhances the appreciation of the property’s worth and informs accountable stewardship for future generations.
7. Accessibility and Transportation
Accessibility and transportation are important elements defining the desirability and performance of 1051 Riverside Drive NY. The situation’s accessibility immediately impacts residents’ each day lives and the property’s market worth. The supply of environment friendly transportation choices, together with public transit and vehicular routes, considerably impacts the convenience with which residents can commute to employment facilities, entry important companies, and interact in leisure actions. The presence of close by subway stations, bus strains, and main roadways immediately enhances the comfort and practicality of residing at this handle. The impact of restricted transportation choices could be a corresponding lower within the location’s attractiveness.
The bodily infrastructure surrounding 1051 Riverside Drive NY, akin to avenue situations, pedestrian walkways, and bicycle lanes, additional contributes to its total accessibility. Effectively-maintained sidewalks and devoted bicycle lanes promote pedestrian and bicycle owner security, encouraging different modes of transportation and decreasing reliance on non-public automobiles. The presence of accessible curb ramps and crosswalks ensures inclusivity for people with mobility challenges. For instance, proximity to the 1 practice at 103rd Avenue or a hundred and tenth Avenue stations offers direct entry to Decrease Manhattan and different components of town. Conversely, the absence of such facilities would pose important challenges for residents, notably these with out non-public transportation.
In conclusion, accessibility and transportation are integral parts shaping the expertise of residing at 1051 Riverside Drive NY. The supply of numerous and environment friendly transportation choices enhances comfort, promotes inclusivity, and contributes to the property’s total worth. Challenges associated to visitors congestion or restricted parking could exist, however the presence of strong public transit infrastructure mitigates these considerations. Understanding the interaction between accessibility, transportation, and site is essential for potential residents, property homeowners, and concrete planners alike.
Regularly Requested Questions About 1051 Riverside Drive NY
This part addresses widespread inquiries relating to the property situated at 1051 Riverside Drive, New York, NY. It goals to supply factual and concise solutions to ceaselessly requested questions.
Query 1: What’s the normal location of 1051 Riverside Drive NY?
The handle is located within the Higher West Facet neighborhood of Manhattan, New York Metropolis, alongside Riverside Drive.
Query 2: What kind of constructing is probably going situated at 1051 Riverside Drive NY?
Given the placement, it’s doubtless a residential constructing, probably an condominium constructing, pre-war cooperative or condominium typical of the realm.
Query 3: Is the constructing at 1051 Riverside Drive NY topic to landmark preservation rules?
It’s attainable, given the historic nature of Riverside Drive, that the constructing is topic to landmark preservation rules. Affirmation requires checking official information with the New York Metropolis Landmarks Preservation Fee.
Query 4: What transportation choices can be found close to 1051 Riverside Drive NY?
Transportation choices embrace the 1 subway line, bus routes alongside Riverside Drive and Broadway, and entry to main roadways.
Query 5: How does proximity to Riverside Park have an effect on the property worth of 1051 Riverside Drive NY?
Proximity to Riverside Park usually will increase property worth because of the park’s leisure facilities, inexperienced area, and scenic views.
Query 6: What are some potential challenges of residing at 1051 Riverside Drive NY?
Potential challenges embrace excessive price of residing, restricted parking, and potential noise from avenue visitors.
Understanding these key features offers a foundational understanding of the handle. Additional analysis into particular features is really helpful for detailed data.
The next part will discover extra assets accessible for researching properties in New York Metropolis.
Navigating Data Associated to 1051 Riverside Drive NY
This part offers steerage for successfully researching and understanding features related to the handle, 1051 Riverside Drive NY. These suggestions are designed to help in gathering correct and complete data.
Tip 1: Seek the advice of Official Metropolis Data: Accessing official databases maintained by the New York Metropolis Division of Buildings and the Division of Finance offers definitive data relating to permits, violations, property taxes, and possession particulars. These information supply verifiable information on the property’s authorized standing and historical past.
Tip 2: Make the most of Actual Property Market Evaluation Instruments: Make use of on-line actual property portals {and professional} appraisal companies to evaluate present market values of comparable properties within the fast neighborhood. Analyze gross sales information, itemizing costs, and market developments to ascertain a practical valuation benchmark.
Tip 3: Examine Zoning and Landmark Standing: Decide the zoning designation and landmark standing (if any) of 1051 Riverside Drive NY. Seek the advice of the New York Metropolis Landmarks Preservation Fee and the Division of Metropolis Planning to grasp any restrictions or necessities that will have an effect on renovations or alterations.
Tip 4: Discover Historic Archives: Delve into historic maps, census information, and native historic societies to achieve insights into the property’s previous. Understanding the historic context can reveal particulars about its architectural origins, earlier residents, and its position within the neighborhood’s evolution.
Tip 5: Overview Transportation Infrastructure: Look at the proximity of 1051 Riverside Drive NY to public transportation choices, together with subway strains and bus routes. Consider the accessibility of the placement to main roadways and assess visitors patterns to find out the comfort of commuting.
Tip 6: Assess Environmental Elements: Analysis environmental elements akin to air high quality, noise ranges, and proximity to inexperienced areas. Assess the potential impression of those elements on the property’s desirability and resident well-being.
Tip 7: Seek the advice of with Actual Property Professionals: Interact with skilled actual property brokers, brokers, and attorneys specializing within the Higher West Facet. Their experience can present useful insights into the native market, property values, and regulatory necessities.
By following these suggestions, a extra complete and correct understanding of 1051 Riverside Drive NY might be achieved. These steps are important for knowledgeable decision-making associated to property funding, possession, and administration.
The next part will supply a conclusion summarizing key features mentioned all through this doc.
Conclusion
This exploration of 1051 Riverside Drive NY has illuminated the multifaceted traits of this particular handle. From its location on Manhattan’s Higher West Facet and its proximity to Riverside Park to its potential architectural model and actual property market worth, a posh interaction of things shapes its significance. Understanding the native historic context and the accessibility and transportation choices additional contributes to a complete evaluation.
The worth of 1051 Riverside Drive NY transcends mere geographical coordinates. Its evaluation serves as a microcosm for understanding the intricate dynamics of city actual property. Continued scrutiny of comparable properties is essential for knowledgeable decision-making in a always evolving city panorama. Additional investigation is inspired to grasp totally the complexities of properties just like 1051 Riverside Drive NY.
