21 days on rocket

305 E 40th St Unit 17E, New York City, NY, 10017

$595,000

Home List Price

$7,066*

Closing Credit

1 Bedroom
1 Full Bath
Condo
Schools Nearby

Location

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305 E 40th St Unit 17E, New York$595,000

Buyer Closing Credits

$7,066*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
Year Built1963
CoolingCentral Air
ViewCity
MLS #RPLU-33422950376
StatusActive

About 305 E 40th St Unit 17E

<div>Modern features and thoughtful updates in one of Midtown East's premier, full service co-ops.<br><br></div><div> </div><div>Welcome home to apartment 17E at The Hamilton. This high-floor, sun filled 1Bed/1Bath offers the uncommon combination of functional space and a turnkey, modern renovation.<br><br></div><div> </div><div>The unit's open concept living room spans nearly 30' from end to end, allowing the next owner to accommodate living, dining, and a work from home setup comfortably.<br><br></div><div> </div><div>The layout was fully reimagined by the current owners, with the previously closed galley kitchen being expanded and opened to the living room. The updated kitchen includes sleek white countertops, stainless steel appliance package, and a comfortable breakfast bar.<br><br></div><div> </div><div>Throughout the top to bottom renovation, the owners included a variety of high-end features that truly distinguish 17E from other co-op units.</div><div>- Two zone Nest thermostat system for heating and cooling</div><div>- Ample ceiling lights throughout both the living and bedroom</div><div>- In sink disposal</div><div>- Fully built out closets by California Closets</div><div>- Soft close cabinetry</div><div>- Motorized shades in bedroom</div><div> </div><div>The building, which recently underwent an extensive lobby renovation, offers full-time doorman, a spacious and well maintained laundry room, on-site parking, and a beautifully landscaped roofdeck.<br><br></div><div> </div><div>Additionally, the building has incredibly strong financials and very flexible rules. The Hamilton permits nearly all purchase structures including gifts, co-purchase, guarantors, pied-a-terre, and purchasing under trust, making it an ideal purchase for virtually every buyer.<br><br></div><div> </div><div><span style"color:#1a1f2c; background-color:#ffffff">The cherry on top: the monthly payments for this apartment are actually lower than what you would pay in rent for a similar product. The average price of a 1BR w/ Doorman in Manhattan is >$5000/month. With 25% downpayment (building minimum) and a 7% interest rate, the all-in monthly payment (including maintenance) comes out to $4375/month.</span><br><br></div><div> </div><div>Please note, pets are not permitted.</div>

Property Details

Property Features

Property Information:

  • Year Built: 1963

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Nicholas Andreassi
  • Agent Phone: (203) 640-0671

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Building Roof Deck, None

Utilities

Utilities Information:

  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $595,000

HOA Fees:

  • Amount: $1406
  • 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

305 E 40th St Unit 17E vs New York

21 DAYS ON ROCKET

-75 Days

$595,000

-$254.1K Less

KEY TAKEAWAY

This property is $254.1K less than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-33422950376

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Nicholas Andreassi
  • Agent Phone: (203) 640-0671

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: 5/22/2024, 12:20:34 AM 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

$4,443

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,850

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-5709676
10
/10
  • River School (The)

  • 425 E 35th St

  • 0.48 miles

  • Public District Grades PK-KG

school-card-donut-5709677
7
/10
  • PS 116 Mary Lindley Murray

  • 210 E 33rd St

  • 0.59 miles

  • Public District Grades KG-5

school-card-donut-5709678
9
/10
  • PS 78

  • 4809 Center Blvd

  • 0.80 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $118,814. Most New York, NY residents have annual incomes between $100k-200k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 305 E 40th St Unit 17E

What is the listing price of this property?

The listing price of 305 E 40th St Unit 17E property is $595,000.

What type of property is this?

The property 305 E 40th St Unit 17E is a condo located in New York City, New York, 10017.

Is this property for sale now?

Active Listing: 305 E 40th St Unit 17E is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 305 E 40th St Unit 17E has 1 bedroom and 1 bathroom.

Which year was this property built?

The year of construction for 305 E 40th St Unit 17E is 1963.

Rocket HomesNew YorkNew York10017305 E 40th St Unit 17E

This home is located at 305 E 40th St Unit 17E in New York City, NY and zip code 10017 in the Turtle Bay neighborhood. This home was built in 1963. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $595,000.

Over 168 listings were sold over their listed price in April 2024 in New York, NY. In the same period over 748 listings were sold below the listed price and 758 listings were sold for the listed price. The inventory of homes for sale in New York, NY between March 2024 and April 2024 increased by 3.8%. In April 2024, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $849,191.

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

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