15 days on rocket

16 W 40th St Unit 18-B, New York City, NY, 10018

$2,700,000

1 Bedroom
1 Full Bath
1,074 SqFt
$2,514/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
Year Built2016
CoolingCentral Air
ViewCity
MLS #OLRS-1559181
StatusActive

About 16 W 40th St Unit 18-B

True Luxury. Sensation Views. Condo. Hotel Amenities. Very Convenient Location Tenant currently in place ($8500 per month $102,000 per year). As you enter the large light-filled home you will notice the heated oak herringbone flooring. Floor to ceiling sliding windows, each one with Juliet balconies and each one framing park views that get even more spectacular at night. Fine finishing touches like bringing the travertine seamlessly from the outside in, custom designed cabinetry with concealed Gaggenau appliances ensuring a clean, fresh and modern look. Hand picked marble slab walls. Generous hidden storage and unique lighting to help highlight these fabulous features The prime location is right over Bryant Park which means convenient access to some of the very best NYC has to offer. Arts and culture, business districts, sporting events, shopping, fine dining, nightlife and even transportation. Being a true luxury condo there are 24 hr doormen, entertaining lounge, a conference room, gym with sauna, bike room, cold storage for food deliveries, staffed bar and even free coffee until 3pm daily. Overall a home that will not only meet all your needs but likely exceed them too.

Property Details

Property Features

Property Information:

  • Year Built: 2016
  • Living Area: 1,074 SqFt

Listing Office:

  • Office Name: Elegran LLC
  • Office Phone: (212) 729-5712
  • Listing Agent: Luke Whittle
  • Agent Phone: (954) 608-3467

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Interior: Dining Area, Entrance Foyer, Kitchen Window

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Building Roof Deck, Juliet Balcony

Virtual/3D Tour

  • Virtual Tour: 16 W 40th St Unit 18-B

Virtual Tour

Utilities

Utilities Information:

  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,700,000
  • Price Per SqFt: $2,514/SqFt

HOA Fees:

  • Amount: $2197
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

16 W 40th St Unit 18-B vs New York

15 DAYS ON ROCKET

-81 Days

$2,700,000

+$1.8M More

$2,514/SqFt

+$1.8K More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $1.8K/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #OLRS-1559181

Listing Office:

  • Office Name: Elegran LLC
  • Office Phone: (212) 729-5712
  • Listing Agent: Luke Whittle
  • Agent Phone: (954) 608-3467

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/5/2024, 2:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$15.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,161

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6501321
7
/10
  • PS 116 Mary Lindley Murray

  • 210 E 33rd St

  • 0.62 miles

  • Public District Grades KG-5

school-card-donut-6501322
7
/10
  • PS 212 Midtown West

  • 328 W 48th St

  • 0.68 miles

  • Public District Grades KG-5

school-card-donut-6501323
10
/10
  • River School (The)

  • 425 E 35th St

  • 0.79 miles

  • Public District Grades PK-KG

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $98,547. The majority of New York, NY residents have income between $100k-200k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16 W 40th St Unit 18-B

What is the listing price of this property?

The listing price of 16 W 40th St Unit 18-B property is $2,700,000.

What type of property is this?

The property 16 W 40th St Unit 18-B is a condo located in New York City, New York, 10018.

Is this property for sale now?

Active Listing: 16 W 40th St Unit 18-B is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 16 W 40th St Unit 18-B has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 16 W 40th St Unit 18-B is 1,074 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16 W 40th St Unit 18-B is 2016.
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Rocket HomesNew YorkNew York1001816 W 40th St Unit 18-B

This home is located at 16 W 40th St Unit 18-B in New York City, NY and zip code 10018 in the Garment District neighborhood. This 1,074 square foot home was built in 2016. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 20, 2024 and is currently priced at $2,700,000.

New York, NY housing market in April 2024 saw over 168 listings sold above listed price, more than 758 sold at listed price and over 748 sold below. The inventory of homes for sale in New York, NY between March 2024 and April 2024 increased by 3.8%. While the average time on the market in April 2024 was 96 days, the median list price was $849,191.

From Rocket Homes Real Estate and based on county public records data.

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