Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,640,000

Listed at $1,749,000 · Sold 6.2% below asking · Closed August 8, 2017

40 Broad Street #20GF
Closed For Sale Condo

$1,749,000

$1,161 per sq ft

40 Broad Street #20GF

Financial District, Manhattan

MLS® #RLS10034286

RLS at REBNY

Listing by New York Living Solutions

2

Bedrooms

3

Baths

1,507

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3
Living Area 1,507 sq ft
Year Built N/A
Ownership Condo
HOA/Common Charges $1,957/mo
Property Taxes $11,928/yr
Neighborhood Financial District
Floor 20

Property Highlights

  • Views: City
  • Outdoor Space: Building Terrace, Rooftop
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths null Full
Floor 20
View City
Cooling Central Air
Pets Yes
Living Area 1,507 sq ft

Listing History

Event Date Price Change
Listed Nov 14, 2016 $1,749,000 -
Currently May 14, 2026 $1,749,000 -

Description

Best valued 2 bedroom, 2.5 bathroom in the Financial District. This 20th floor apartment is a combination of a studio and a one-bedroom. No other listing can beat the numbers on this unit. Competitively priced at $1,160 per square foot, and with a long term tax abatement, this is an incomparable investment opportunity located in a constantly growing neighborhood. If math is not an opinion, this asset has the most attractive numbers in the area.

The unit has very strong fundamentals, such as a desirable downtown location, 1,500+ square feet of space, 10'3" high ceilings, oversized windows, a spacious split floorplan that guarantees privacy to the occupants, an overabundance of closets, as well as an extra half bath - a rare find at this price point. Designer finishes and accents give the unit a special touch. Brazilian walnut floors are trimmed with a black granite border throughout, including the U-Shaped kitchen. The large living and dining areas round out this distinct space, perfect for entertaining. The kitchen's black granite countertops and backsplashes complement the beautiful cabinetry made of magnificent mahogany. All cabinets have stainless-steel bar-pull hardware with easy self-closing mechanisms throughout, including the dishwasher.

The master bedroom and second bedroom contain en-suite bathrooms and multiple closets, including a walk-in-closet and dressing area. Enter the master bathroom atop black granite flooring. A deep soaking bathtub is separate from the glass enclosed shower with a plentiful rain showerhead mounted to the ceiling. Countertops and bathtub deck are an amazing American Walnut accented with Kohler fixtures, Luxor Stone tile backsplash, and ceiling-high mirrored medicine cabinets.

Sub-Zero, Miele and Kohler appliances, central air and a washer & dryer round it up.


This is a highly rentable apartment with the all-inclusive experience of hotel living with resort-like oasis at home. The well-established building features a full service concierge offering hotel like amenities such as exclusive membership at The Setai Club and access to over 44,000 square feet of amenities like state-of-the-art gym and Zen spa, fine dining, 24-hour attended lobby, roof terrace, proximity to Battery Park, East River Park, South Street Seaport, Tribeca and Soho.

Contact us today to view this investment opportunity.





Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck Building Terrace Rooftop

Appliances

Dryer Washer

Financial Details

Common Charges $1,957/mo
RE Taxes $11,928/yr ($994/mo)
Sale Price $1,640,000

The Financial District occupies the southern tip of Manhattan, where landmark office towers have been converted into spacious residential lofts alongside new luxury high-rise condominiums with river and harbor views. The Oculus and Fulton Center transit hubs connect over a dozen subway lines, including the 2, 3, 4, 5, A, C, J, and Z trains, making it one of the best-connected neighborhoods in the city. Battery Park, Bowling Green, and the 9/11 Memorial provide open green space and waterfront access at the foot of the skyline.

Financial District Live Market Data

View Neighborhood

Active Listings

261

Median Asking Price

$1.35M

Median $/Sqft

$1,256

Avg Days on Market

N/A

New This Week

15

Price Reduced

28%

Sold (30 Days)

20

Median Sale Price

$1.45M

Live data from RLS at REBNY • Updated 5/14/26, 2:20 PM EST

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Location

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40 Broad Street #20GF, Financial District, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1982
Year Built
44 years old
31
Floors
156
Residential Units
C5-5
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $37,010,343
Land Value: $9,270,053
Exemptions: $1,160,853

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

Lot Area: 16,100 SF
Building Area: 239,204 SF
Built FAR: 14.86
Allowed FAR: 10

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 $1,957 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $11,928, or roughly $994 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 3 full bathrooms.

The listed interior living area is 1,507 square feet. Verify dimensions independently during due diligence.

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 $1,749,000 for 1,507 sq ft, the asking price per square foot is approximately $1,161. 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: RLS10034286
First Listed: 11/14/2016
Closed: 8/8/2017
Contract Date: 11/14/2016

Listing Courtesy of New York Living Solutions - Richard Tayar

Listing Contact: (212) 301-1140

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 5/14/2026 at 6:20 PM UTC

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