3 months on rocket

305 E 40th St Unit 5F, New York City, NY, 10016

$639,000

Home List Price

$7,588*

Closing Credit

1 Bedroom
1 Full Bath
750 SqFt
$852/SqFt
Condo
Schools Nearby

Location

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305 E 40th St Unit 5F, New York$639,000

Buyer Closing Credits

$7,588*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
Year Built1963
HeatingNone
ViewCity
MLS #RLMX-95956
StatusActive

About 305 E 40th St Unit 5F

Welcome to this spacious one-bedroom apartment with a well-designed layout. The abundant natural light and soundproof double-pane windows enhance the living experience. The large living room can be easily divided into a dining area and an entertainment space. The sizable bedroom offers flexibility for various live/work arrangements.<br><br>Inside, you'll find practical features such as a generous entry closet, a linen closet, and an exceptionally large bedroom closet. The renovated open kitchen boasts granite countertops and stainless steel appliances, while the updated bathroom showcases high-end finishes and a jetted tub.<br><br>The Hamilton is a full-service luxury building with strong financials, low common charges, and no flip tax. Enjoy amenities like a furnished and landscaped roof deck, 24-hour doorman/concierge, live-in super, central laundry room, building-owned garage with affordable monthly rates, and a bike room. The lobby and hallway are newly renovated, ensuring a modern and inviting entrance.<br><br>Conveniently located near Grand Central Station, Trader Joes, Whole Foods, and various restaurants, this apartment is an ideal home. Board-approved options include guarantors, co-purchasing, pied--terre, gifting, and subletting.<br><br><br><br><br><br>

Property Details

Property Features

Property Information:

  • Year Built: 1963
  • Living Area: 750 SqFt

Listing Office:

  • Office Name: Mont Sky Real Estate LLC
  • Office Phone: (646) 397-8508
  • Listing Agent: Xiaodong Yan
  • Agent Phone: (646) 397-8508

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Building Roof Deck

Virtual/3D Tour

  • Virtual Tour: 305 E 40th St Unit 5F

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Utilities

Utilities Information:

  • Heating: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $639,000
  • Price Per SqFt: $852/SqFt

HOA Fees:

  • Amount: $1629
  • Frequency: Monthly
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Housing Market Comparison

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

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New York, NY

City

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

305 E 40th St Unit 5F vs New York

92 DAYS ON ROCKET

-4 Days

$639,000

-$206.4K Less

$852/SqFt

+$215 More

KEY TAKEAWAY

This property is $206.4K less than the Median Sold Price and $215/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: #RLMX-95956

Listing Office:

  • Office Name: Mont Sky Real Estate LLC
  • Office Phone: (646) 397-8508
  • Listing Agent: Xiaodong Yan
  • Agent Phone: (646) 397-8508

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: 4/27/2024, 1:25:18 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

$4,886

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,982

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-1286988
10
/10

  • River School (The)

  • 425 E 35th St

  • 0.27 miles

  • Public District Grades PK-KG

school-card-donut-1286989
7
/10

  • PS 116 Mary Lindley Murray

  • 210 E 33rd St

  • 0.39 miles

  • Public District Grades KG-5

school-card-donut-1286990
9
/10

  • PS 78

  • 4809 Center Blvd

  • 0.81 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,967. Most New York, NY residents have annual incomes between $35k-100k. 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 305 E 40th St Unit 5F

What is the listing price of this property?

The listing price of 305 E 40th St Unit 5F property is $639,000.

What type of property is this?

The property 305 E 40th St Unit 5F is a condo located in New York City, New York, 10016.

Is this property for sale now?

Active Listing: 305 E 40th St Unit 5F 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 5F has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 305 E 40th St Unit 5F is 750 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 305 E 40th St Unit 5F is 1963.

Rocket Homes›New York›New York›10016›305 E 40th St Unit 5F

This home is located at 305 E 40th St Unit 5F in New York City, NY and zip code 10016 in the Midtown East neighborhood. This 750 square foot home was built in 1963. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 26, 2024 and is currently priced at $639,000.

Over 154 listings were sold over their listed price in March 2024 in New York, NY. In the same period over 748 listings were sold below the listed price and 645 listings were sold for the listed price. The number of homes for sale in New York, NY increased by 3.7% between February 2024 and March 2024. While the average time on the market in March 2024 was 96 days, the median list price was $845,489.

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

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