Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
Closed For Sale Condo

$915,000

$1,036 per sq ft

250 E 40TH Street #5F

Middle East Side, Manhattan

THE HIGHPOINT

MLS® #RLS10775437

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1.5

Baths

883

Sq. Ft.

1988

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2 full, 1 half
Living Area 883 sq ft
Year Built 1988
Ownership Condo
HOA/Common Charges $965/mo
Property Taxes $12,096/yr
Neighborhood Middle East Side
Floor 5 of 48

Property Highlights

  • Exposure: East facing
  • Outdoor Space: Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full, 1 Half
Floor 5 of 48
Exposure East
Pets Yes
Cross Street QUEENS MIDTOWN TUNNEL EXIT and 2 AVENUE
Year Built 1988
Living Area 883 sq ft
Parcel # 0920-1022

Listing History

Event Date Price Change
Listed Apr 11, 2022 $920,000 -
Currently May 4, 2026 $915,000 -0.5%

Description

GORGEOUS 1 BED/1.5 BATH CONDO WITH BALCONY

Quiet and bright, this beautifully updated 1 Bedroom/1.5 Bathroom condominium features a large east facing living room with oversized windows, an area for dining and a private balcony. The spacious kitchen features brand-new stainless steel appliances, granite countertops and an abundance of white cabinetry providing incredible storage. Open to the living room and designed with a large breakfast bar, the kitchen is ideal for those who like to cook and entertain.

The large east-facing bedroom easily accommodates a king-size bed, has a wonderful oversized closet, a en-suite marble bathroom and an area for a home office. There is a lovely powder room for guests plus a double coat closet off the foyer and another closet opposite the kitchen. Additional features of the home include brand new wood floors, many new light fixtures and central heat & air conditioning.

Please note that if occupied as a primary residence, the real estate taxes on this property could be 17.5% lower (approximately $832 per month) if eligible for the NYC Cooperative and Condominium Abatement.Please consult your attorney regarding eligibility.

The Highpoint is a full-service, pet-friendly condominium with a 24-hour doorman, concierge, live-in superintendent, fitness center, central laundry room and common storage room for suitcases. The free fitness center features a 40-foot swimming pool, cardio equipment, weight training, a Jacuzzi, sauna, steam room and locker rooms as well as a kid's play area. The building does not permit certain dog breeds.

There is a capital assessment equal to 10% of monthly common charges running thru 12/31/2023. (Presently $96.53/mo.)

Features & Amenities

Exterior Features

Balcony Balcony

Building Information

Financial Details

Common Charges $965/mo
RE Taxes $12,096/yr ($1,008/mo)
Original Price $920,000
Sale Price $915,000
Previous Price $920,000

The Middle East Side encompasses the blocks between Lexington Avenue and the East River in the East 20s through 30s, featuring a mix of pre-war co-ops, postwar condo towers, and brick walk-up apartment buildings along tree-lined side streets. The 6 train runs along Lexington Avenue with stops at 23rd, 28th, and 33rd Streets, and the neighborhood sits within walking distance of Grand Central Terminal.

Middle East Side Live Market Data

View Neighborhood

Active Listings

1

Median Asking Price

$2.00M

Median $/Sqft

$867

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/4/26, 1:24 AM EST

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Location

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250 E 40TH Street #5F, Middle East Side, New York County • Near QUEENS MIDTOWN TUNNEL EXIT and 2 AVENUE

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1964
Year Built
62 years old
2
Floors
M1-2
Zoning District

Tax & Assessment

Assessed Value: $1,482,300
Land Value: $281,700
Exemptions: $1,482,300

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

Lot Area: 25,042 SF
Building Area: 27,604 SF
Built FAR: 1.1

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 $965 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $12,096, or roughly $1,008 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 883 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1988, making it approximately 38 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. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $915,000 for 883 sq ft, the asking price per square foot is approximately $1,036. 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: RLS10775437
First Listed: 4/11/2022
Price Changed: 6/7/2022
Closed: 6/2/2022
Contract Date: 4/11/2022

Listing Courtesy of Douglas Elliman Real Estate - David Glick

Listing Contact: -

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 5/4/2026 at 5:24 AM UTC

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