Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $555,000

· Closed October 28, 2022

Closed For Sale Condo

$555,000

235 E 40TH Street #11J

Murray Hill Kips Bay, Manhattan

THE VANDERBILT

MLS® #RLS10806339

RLS at REBNY

Listing by Douglas Elliman Real Estate

Studio

1

Bath

N/A

Sq. Ft.

1986

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1986
Ownership Condo
HOA/Common Charges $507/mo
Property Taxes $5,964/yr
Parking Garage
Neighborhood Murray Hill Kips Bay
Floor 11 of 41

Property Highlights

  • Exposure: East facing
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 11 of 41
Exposure East
Pets Yes
Cross Street QUEENS MIDTOWN TUNNEL EXIT and 2 AVENUE
Year Built 1986
Parking Garage Available
Parcel # 1314-1100

Listing History

Event Date Price Change
Listed Jul 18, 2022 $565,000 -
Currently Apr 28, 2026 $555,000 -1.8%

Description

BEAUTIFULLY RENOVATED CONDO STUDIO IN FULL-SERVICE BUILDING WITH POOL

Quiet and bright with oversized windows facing east, this beautifully renovated condo studio makes for an ideal primary residence, pied-a-terre or investment property.

The apartment features a large east-facing living room that offers a view of the top of the United Nations and includes a queen-sized murphy bed designed in Italy that includes a sofa and additional storage. The design is such that the sofa folds underneath when the murphy bed is lowered. (The sale can also include an Italian sofa which converts to bunk beds and an Italian coffee table which converts to a dining table or desk and is easily fits under the bed).

The kitchen has been beautifully renovated with powder grey wood cabinetry, stainless steel appliances, striking granite countertops and a powder grey glass tile backsplash. The kitchen is both well-designed and highly functional. The renovated bathroom has also been appointed with a modern vanity, large medicine cabinet, bathtub and gorgeous glass mosaic tiles.

Additional features of the home include a wall closet, a coat/utility closet, additional storage on each side of the murphy bed and central heat & air conditioning.

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 and a Building Link system that provides email notifications for package deliveries. 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. THIS IS A NO PET BUILDING.

There is a capital assessment of $253.29/mo. running through 10/31/2022.

Please note that the real estate taxes quoted include an abatement for use as a primary residence. If not occupied as a primary residence, the real estate taxes would be approximately $602 per month.

Building Information

Financial Details

Common Charges $507/mo
RE Taxes $5,964/yr ($497/mo)
Original Price $565,000
Sale Price $555,000
Previous Price $565,000

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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Active Listings

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Median Asking Price

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Avg Days on Market

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New This Week

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Price Reduced

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Live data from RLS at REBNY • Updated 4/28/26, 2:28 PM EST

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Location

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235 E 40TH Street #11J, Murray Hill Kips Bay, New York County • Near QUEENS MIDTOWN TUNNEL EXIT and 2 AVENUE

Virtual Tour

Floor Plans

Floor Plan 1
Floor Plan 2

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 $507 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $5,964, or roughly $497 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

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.

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: RLS10806339
First Listed: 7/18/2022
Price Changed: 11/4/2022
Closed: 10/28/2022
Contract Date: 7/18/2022

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 6:28 PM UTC

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