Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,350,000

· Closed October 25, 2023

40 W 55TH Street #7C
Closed For Sale Condo

$1,350,000

$1,262 per sq ft

40 W 55TH Street #7C

Midtown, Manhattan

MLS® #RLS10904274

RLS at REBNY

Listing by Serhant

2

Bedrooms

2

Baths

1,070

Sq. Ft.

1925

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,070 sq ft
Lot Size 7,531 sq ft
Year Built 1925
Ownership Condo
HOA/Common Charges $1,145/mo
Property Taxes $14,328/yr
Neighborhood Midtown
Floor 7 of 10

Property Highlights

  • Exposure: North,South facing
  • Style: Prewar architecture
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 7 of 10
Exposure North,South
Cooling Central Air
Pets Yes
Year Built 1925
Living Area 1,070 sq ft
Architectural Style Prewar
Lot Size 7,531 sq ft
Parcel # 1270-1028

Listing History

Event Date Price Change
Listed Mar 15, 2023 $1,495,000 -
Currently Jun 2, 2026 $1,350,000 -9.7%

Description

Classic City Living w/Fireplace Between MoMA and Central Park Introducing this gut-renovated Midtown condo with a wood-burning fireplace and triple exposure, a pristine 2-bedroom, 2-bathroom home offering a quintessential Manhattan lifestyle close to MoMA, Central Park, Carnegie Hall, Radio City Music Hall, and Rockefeller Center. A welcoming foyer with a coat closet flows past a windowed galley kitchen and into a spacious living and dining area saturated with southern light. Gorgeous hardwood floors complement classic sash windows and built-in bookshelves and cupboards. The lovely wood-burning fireplace adds character and charm and is especially luxurious during cool fall and winter nights. The kitchen has eastern exposure and is equipped with custom white lacquer cabinets, sleek white countertops and backsplash, and high-end stainless steel appliances including an eco-friendly induction stove. The primary suite receives warm southern light and boasts a wall of built-in closets as well as a windowed en-suite bathroom. The second bedroom has northern exposure, a deep reach-in closet, and access to a windowed second bathroom. Both bathrooms have classic finishes with deep soaking tubs. 40 West 55th Street is a pre-war condominium with full-time door attendants, a live-in super, common laundry, and a bicycle room. Nestled in the heart of Midtown, the building is four blocks from Pulitzer Fountain and Central Park and is surrounded by restaurants, bars, cafes, cultural institutions, and shops. It is close to the Theater District, Columbus Circle, and Lenox Hill. Nearby subway lines include the 1/A/C/E/B/D/F/M/N/Q/R/W. Pets are welcome.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Building Data View Compliance & Permits
Total Units 35
Stories 10
Style Prewar

Financial Details

Common Charges $1,145/mo
RE Taxes $14,328/yr ($1,194/mo)
Original Price $1,495,000
Sale Price $1,350,000
Previous Price $1,495,000

Midtown Manhattan is the city's primary commercial and transit hub, home to Grand Central Terminal, Rockefeller Center, Bryant Park, and the Empire State Building. The residential market features luxury condo towers, classic pre-war cooperatives, and postwar doorman buildings served by nearly every subway line in the system. Properties range from high-floor units with skyline panoramas to well-maintained co-ops along the tree-lined side streets east and west of Fifth Avenue.

Midtown Live Market Data

View Neighborhood

Active Listings

226

Median Asking Price

$1.91M

Median $/Sqft

$1,699

Avg Days on Market

N/A

New This Week

9

Price Reduced

35%

Sold (30 Days)

14

Median Sale Price

$1.45M

Live data from RLS at REBNY • Updated 6/2/26, 2:14 AM EST

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Location

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40 W 55TH Street #7C, Midtown, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
2
Floors
2
Residential Units
R5
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $81,480
Land Value: $20,280
Exemptions: $0

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

Lot Area: 2,500 SF
Building Area: 2,306 SF
Built FAR: 0.92
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 $1,145 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $14,328, or roughly $1,194 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,070 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1925, making it approximately 101 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 $1,350,000 for 1,070 sq ft, the asking price per square foot is approximately $1,262. 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: RLS10904274
First Listed: 3/15/2023
Price Changed: 10/25/2023
Closed: 10/25/2023
Contract Date: 3/15/2023

Listing Courtesy of Serhant - Irina Balueva

Listing Contact: (347) 525-1021

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 6/2/2026 at 6:14 AM UTC

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