Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
40 E 61st Street #12C

For Sale · Listing by Compass

40 E 61st Street #12C

Lenox Hill, Manhattan

$2,995,000

Interested in this property?
Active For Sale Condo

$2,995,000

$3,050 per sq ft

40 E 61st Street #12C

Lenox Hill, Manhattan

MLS® #RLS20079912

RLS at REBNY

Listing by Compass

1
Bedroom
1.5
Baths
982
Sq. Ft.
1928
Year Built

Quick Summary

Bedrooms 1
Bathrooms 2 full, 1 half
Living Area 982 sq ft
Lot Size 6,800 sq ft
Year Built 1928
Ownership Condo
HOA/Common Charges $2,220/mo
Property Taxes $27,663.96/yr
Neighborhood Lenox Hill
Floor 1 of 20

Property Highlights

  • Views: City
  • Exposure: North facing
  • Outdoor Space: Patio, Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full, 1 Half
Floor 1 of 20
View City
Exposure North
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 1928
Living Area 982 sq ft
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Lot Size 6,800 sq ft
Parcel # 1375-1047
Block/Lot 01375/1047

Listing History

Event Date Price Change
Listed Sep 3, 2026 $2,995,000 -
Currently Sep 4, 2026 $2,995,000 -

Description

In one of the Upper East Side’s most desirable enclaves, this impeccably designed twelfth-floor residence offers an elevated lifestyle defined by bespoke craftsmanship, refined finishes, and rare outdoor living. Set within a prewar Art Deco condo between Madison and Park Avenue, just one block from Central Park, the home has been thoughtfully curated by Heidi James of Studio LXIV. A gracious foyer welcomes you with checkered tile floors and textured wallpaper by Elizabeth Dow, leading to a sophisticated living room featuring bespoke millwork, a custom built-in banquette by Fallou Workroom, and framed green Chinoiserie wallpaper by Gracie Studio. North-facing windows introduce natural light throughout the home, while double French doors open to an extraordinary approximately 400-square-foot private terrace, a true jewel for this location and building. Designed by landscape artist Ron Canal, the terrace provides a serene outdoor sanctuary ideal for entertaining or quiet moments above the city. The primary bedroom enjoys peaceful views over the terrace and is finished with elegant Lee Jofa wallpaper, complemented by a closet-lined dressing room, an additional oversized closet, and a luxurious en-suite marble bath with dual sinks and radiant heated floors. The open kitchen is both charming and functional, appointed with a powder blue Viking range, ceramic farm sink, and breakfast bar. Additional in-unit conveniences include a powder room, vented washer and dryer, and central air conditioning. The primary bath has been thoughtfully renovated, featuring radiant heated floors, a soaking tub, separate shower, and custom closets—all complemented by intelligently designed storage solutions. Residents of this boutique building enjoy a full-time doorman, live-in resident manager, storage room, and additional laundry facilities, all moments from the Upper East Side’s finest boutiques and world-class dining. Some photos have been virtually staged for illustrative purposes.

Features & Amenities

Interior Features

Breakfast Bar Built In Features Crown Molding Double Vanity Walk In Closets Common On Floor Common Area In Unit Flooring: Hardwood

Exterior Features

Private Outdoor Space Over60 Sqft Patio Terrace

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 36
Stories 20
Structure HighRise

Financial Details

Common Charges $2,220/mo
RE Taxes $27,663.96/yr ($2,305/mo)

Lenox Hill occupies a residential section of the Upper East Side, defined by proximity to Central Park, major medical institutions (Memorial Sloan Kettering, Weill Cornell, Lenox Hill Hospital), and the Madison Avenue retail corridor. Housing stock ranges from large pre-war cooperatives to modern condominiums with East River and skyline views.

Lenox Hill Live Market Data

View Neighborhood

Active Listings

410

Median Asking Price

$1.50M

Median $/Sqft

$1,538

Avg Days on Market

N/A

New This Week

19

Price Reduced

38%

Sold (30 Days)

80

Median Sale Price

$1.22M

Live data from RLS at REBNY • Updated 9/4/26, 3:20 AM EST

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Location

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40 E 61st Street #12C, Lenox Hill, New York County

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
3
Floors
2
Residential Units
R5B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $93,840
Land Value: $24,000
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,425 SF
Building Area: 2,700 SF
Built FAR: 1.11
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $2,220 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $27,663.96, or roughly $2,305 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom and 1 half bathroom.

The listed interior living area is 982 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1928, making it approximately 98 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property: Building Pets Allowed Comments:Cats and Dogs Allowed. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $2,995,000 for 982 sq ft, the asking price per square foot is approximately $3,050. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20079912
First Listed: 3/27/2026
On Market: 9/3/2026
Contract Date: 3/20/2026

Listing Courtesy of Compass - Haley D Venn

Listing Contact: (646) 496-5805

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 9/4/2026 at 7:20 AM UTC

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Lenox Hill Market Update

80 sales last 30 days · $1.50M median · 5.1 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Condo Neighborhood Lenox Hill Borough Manhattan
County New York
Floor 1 of 20
Year Built 1928
First Listed 3/27/2026
Living Area 982 sqft
Common Charges $2,220/mo
Annual Tax $27,663.96

Monthly Costs Estimate

Down Payment 20%

$599,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $2,220
Est. Taxes $2,305
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$37,438

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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