Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,200,000

Listed at $2,395,000 · Sold 8.1% below asking · Closed June 5, 2019

40 E 83RD Street #5W
Closed For Sale Co-op

$2,395,000

$1,198 per sq ft

40 E 83RD Street #5W

Upper East Side, Manhattan

82-83 TENANTS CORP.

MLS® #RLS10421850

RLS at REBNY

Listing by The Corcoran Group

3

Bedrooms

2.5

Baths

2,000

Sq. Ft.

1912

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3 full, 1 half
Living Area 2,000 sq ft
Year Built 1912
Ownership Co-op
Maintenance $3,910.28/mo
Neighborhood Upper East Side
Floor 5 of 11

Property Highlights

  • Views: City
  • Exposure: North,West facing
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full, 1 Half
Floor 5 of 11
View City
Exposure North,West
Pets Yes
Cross Street Madison Avenue & Park Avenue
Year Built 1912
Living Area 2,000 sq ft
Architectural Style Prewar
Parcel # 1494-0050-00040-000-000005W

Listing History

Event Date Price Change
Listed Jul 3, 2018 $2,795,000 -
Price Reduced Sep 25, 2018 $2,495,000 -10.7%
Currently Apr 27, 2026 $2,395,000 -4.0%

Description

Currently configured as a three bedroom with a home office, this gracious Classic 6 offers a very flexible layout which is perfect for both living and entertaining. Entrance from a semi-private elevator landing is onto a welcoming entry foyer, off of which are the massive living room/dining room with huge windows facing over treetops on Madison Avenue. Two bedrooms, each with a bathroom are on the other side in a separate bedroom wing. All the rooms are exterior, with sunny outlooks onto Madison Avenue or East 83rd Street. The building itself is a highly sought after full service white glove prewar cooperative and is pet friendly. The possibilities are endless. Bring your contractor to create your dream home (sample budget attached provided by Lee Stahl at The Renovated Home!

Features & Amenities

Interior Features

Separate Formal Dining Room Eat In Kitchen Building Washer Dryer Install Allowed Common Area

Building Information

Financial Details

Maintenance $3,910.28/mo
Original Price $2,795,000
Sale Price $2,200,000
Previous Price $2,495,000

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

342

Median Asking Price

$1.44M

Median $/Sqft

$1,559

Avg Days on Market

N/A

New This Week

30

Price Reduced

28%

Sold (30 Days)

32

Median Sale Price

$1.52M

Live data from RLS at REBNY • Updated 4/27/26, 4:03 PM EST

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Location

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40 E 83RD Street #5W, Upper East Side, New York County • Near Madison Avenue & Park Avenue

Floor Plans

Floor Plan
Floor Plan
Floor Plan
Floor Plan

Building Information

Official NYC property records for this building

1999
Year Built
27 years old
3
Floors
3
Residential Units
R4
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $101,580
Land Value: $24,840
Exemptions: $0

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

Lot Area: 2,117 SF
Building Area: 3,236 SF
Built FAR: 1.53
Allowed FAR: 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 monthly maintenance are $3,910.28 per month. Confirm the exact amount with the listing broker before making an offer.

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

The listed interior living area is 2,000 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 co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $2,395,000 for 2,000 sq ft, the asking price per square foot is approximately $1,198. 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: RLS10421850
First Listed: 7/3/2018
Price Changed: 9/25/2018
Closed: 6/5/2019
Contract Date: 7/3/2018

Listing Courtesy of The Corcoran Group - Meghan Kelly Gefaell

Listing Contact: (646) 418-4716

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 4/27/2026 at 8:03 PM UTC

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