Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $750,000

· Closed September 20, 2023

Closed For Sale Condo

$750,000

$959 per sq ft

235 E 40TH Street #2C

Murray Hill Kips Bay, Manhattan

THE VANDERBILT

MLS® #RLS10890852

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1.5

Baths

782

Sq. Ft.

1986

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2 full, 1 half
Living Area 782 sq ft
Year Built 1986
Ownership Condo
HOA/Common Charges $1,124/mo
Property Taxes $12,384/yr
Parking Garage
Neighborhood Murray Hill Kips Bay
Floor 2 of 41

Property Highlights

  • Exposure: South,West facing
  • Outdoor Space: Balcony
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full, 1 Half
Floor 2 of 41
Exposure South,West
Pets Yes
Cross Street QUEENS MIDTOWN TUNNEL EXIT and 2 AVENUE
Year Built 1986
Living Area 782 sq ft
Parking Garage Available
Parcel # 1314-1006

Listing History

Event Date Price Change
Listed May 18, 2023 $849,000 -
Price Reduced Sep 20, 2023 $799,000 -5.9%
Currently Apr 28, 2026 $750,000 -6.1%

Description

Incredible Value! South-Facing 1 Bed/1.5 Bath w/ Balcony in Full-Service Condo with Pool

Awash in sunlight, this south-facing one bedroom with one-and-a-half baths features a gracious entrance foyer preceding a large, south-west corner-exposure living room with floor-to-ceiling windows and a wonderful wrap-balcony. The living room is approx. 16.5 feet wide by over 20 feet in length and two pairs of sliding glass doors allow access to the private outdoor space.

The windowed kitchen is finished with white cabinetry and white appliances, including a brand-new refrigerator, and has superb storage. With a large pass thru to the living room and a breakfast bar, the kitchen is ideal for those who like to cook and entertain. The king-sized south-facing bedroom features an enormous closet and an en-suite Carrera marble bathroom.

Additional features of the home include a Carrera marble powder room for guests located just off the foyer, a large coat/utility closet and central heat & air conditioning.

If occupied as a primary residence and eligible for the NYC Cooperative and Condominium Abatement, the real estate taxes could be reduced by 17.5% to approx. $852/month. Please consult your attorney regarding eligibility.

Located between 2nd and 3rd Avenues, The Vanderbilt is the gold-standard of full-service doorman condominiums in Murray Hill. The building's amenities include a magnificent health club with a 70-foot indoor swimming pool, Jacuzzi, multiple saunas as well as cardio and weight-training equipment, a squash/racquetball/half basketball court, locker rooms with steam showers, a furnished lounge area with a television plus a separate recreation room with ping-pong.

The Vanderbilt's oversized laundry room is located on this amenity level, and four elevators provide convenient, direct access to the adjacent garage. Additional building features include a private driveway that makes pick-ups and drop-offs easy for residents, a Building Link system that provides email notifications for package deliveries, an on-site dry cleaner as well as a salon. Situated just a few short blocks from Grand Central, residents have easy access to all public transportation options including the Eastside and Westside subway lines plus Metro-North.

PLEASE NOTE: THIS IS A NO PET BUILDING

This apartment is being sold in As Is condition.

All material presented herein is intended for information purposes only. While this information is believed to be correct; it is represented subject to errors, omission, changes, or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings are deemed reliable, but should be verified by the Agent's own attorney, architect, or zoning expert. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer. No representation is made as to the accuracy thereof, and such information is subject to errors, omission and change of price, rental, commission, prior sale, leasing, or withdrawal without notice.

Features & Amenities

Exterior Features

Balcony Balcony

Appliances

Dishwasher

Building Information

Financial Details

Common Charges $1,124/mo
RE Taxes $12,384/yr ($1,032/mo)
Original Price $849,000
Sale Price $750,000
Previous Price $799,000

About Murray Hill Kips Bay

View All Murray Hill Kips Bay Listings

Murray Hill-kips Bay features a blend of architecture, including brownstones and high-rise co-ops. The neighborhood is accessible via major subway transit lines. Property elements include local parks and architecturally distinctive waterfront views of the East River and Kips Bay.

Murray Hill Kips Bay Live Market Data

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Live data from RLS at REBNY • Updated 4/28/26, 11:31 AM EST

Recently Sold in Murray Hill Kips Bay

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Location

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235 E 40TH Street #2C, Murray Hill Kips Bay, 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

1927
Year Built
99 years old
5
Floors
M1-2
Zoning District

Tax & Assessment

Assessed Value: $5,208,300
Land Value: $365,400
Exemptions: $0

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

Lot Area: 30,051 SF
Building Area: 127,500 SF
Built FAR: 4.24

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 $1,124 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $12,384, or roughly $1,032 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 782 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1986, making it approximately 40 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.

Pet policy requires confirmation with the listing broker.

At the current list price of $750,000 for 782 sq ft, the asking price per square foot is approximately $959. 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: RLS10890852
First Listed: 5/18/2023
Price Changed: 9/20/2023
Closed: 9/20/2023
Contract Date: 5/18/2023

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 4/28/2026 at 3:31 PM UTC

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