Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,350,000

· Closed August 1, 2018

40 E 62nd Street #5-W
Closed For Sale Condo

$3,350,000

$1,626 per sq ft

40 E 62nd Street #5-W

Upper East Side, Manhattan

MLS® #RLS10469353

RLS at REBNY

Listing by Compass

3

Bedrooms

2.5

Baths

2,060

Sq. Ft.

1912

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3 full, 1 half
Living Area 2,060 sq ft
Year Built 1912
Ownership Condo
HOA/Common Charges $3,449/mo
Property Taxes $20,352/yr
Neighborhood Upper East Side
Floor 5 of 8

Property Highlights

  • Exposure: East,North,South facing
  • Fireplace: Wood-burning or decorative fireplace
  • Style: Prewar architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full, 1 Half
Floor 5 of 8
Exposure East,North,South
Cooling Window Units
Pets Yes
Cross Street Madison Avenue/Park Avenue
Year Built 1912
Living Area 2,060 sq ft
Architectural Style Prewar
Block/Lot 1376/7502

Listing History

Event Date Price Change
Listed Jun 15, 2018 $3,350,000 -
Price Reduced Aug 1, 2018 $3,450,000 +3.0%

Description

40 East 62nd is an elegant prewar boutique condominium located in one of the most desirable locations on the Upper East Side ? between Madison and Park Avenue. Newly staged, residence 5W comes to market with a fresh look and unbeatable price at $3,450,000 or a mere $1,674 PPSF. This is an opportunity not to be missed.

True to the Upper East Side, the elevator is operated by the doorman and leads to a private landing shared just by this home and one neighbor. The chic entry foyer has unique leather flooring and is made complete with a fashionable powder room with Scalamandre Zebra Wallpaper.

To the right of the entry is the common wing of the home ? featuring a generously proportioned living room with the separate formal dining room ? leading to a spacious windowed eat-in-kitchen featuring top of the line Wolf and Subzero appliances.

The residential wing has a spacious master bedroom suite has East and South exposures allowing for significant natural light, a huge walk-in custom built closet, and an en-suite master bathroom with dual sink vanity and mosaic spa-like shower. The original floorplan had a fourth bedroom but the current owner combined two bedrooms to make a larger Master Suite.

Adjacent is the second bedroom, second bathroom, and washer/dryer. A home office and/or third bedroom is located off the foyer.

Completed in 1912 and built of brick, stone, and terra cotta, 40 East 62nd Street was designed by architect Albert Joseph Bodker. The distinguishing neo-Medieval terra cotta facade has been carefully maintained over the years. The building has nine floors with two apartments per floor, a doorman/elevator operator, and superintendent. Located close to Central Park as well as some of the finest shopping and dining in the City.

Features & Amenities

Interior Features

Entrance Foyer Building Washer Dryer Install Allowed Common Area Fireplace

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $3,449/mo
RE Taxes $20,352/yr ($1,696/mo)
Previous Price $3,450,000

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

332

Median Asking Price

$1.75M

Median $/Sqft

$1,509

Avg Days on Market

N/A

New This Week

12

Price Reduced

28%

Sold (30 Days)

38

Median Sale Price

$1.56M

Live data from RLS at REBNY • Updated 5/6/26, 7:35 AM EST

Similar Listings in Upper East Side

View All

Location

Loading map...

40 E 62nd Street #5-W, Upper East Side, New York County • Near Madison Avenue/Park Avenue

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
2
Floors
5
Residential Units
R6
Zoning District

Tax & Assessment

Assessed Value: $1,400,400
Land Value: $322,650
Exemptions: $0

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

Lot Area: 11,510 SF
Building Area: 13,635 SF
Built FAR: 1.18
Allowed FAR: 2.43

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 $3,449 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $20,352, or roughly $1,696 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 2,060 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1912, making it approximately 114 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 $3,350,000 for 2,060 sq ft, the asking price per square foot is approximately $1,626. 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: RLS10469353
First Listed: 6/15/2018
Price Changed: 8/1/2018
Closed: 8/1/2018
Contract Date: 6/14/2016

Listing Courtesy of Compass - Ruthie Assouline

Listing Contact: (305) 458-8331

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 5/6/2026 at 11:35 AM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton