Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

305 E 40th Street #2T
Interested in this property?
Pending For Sale Co-op

$425,000

305 E 40th Street #2T

Tudor City, Manhattan

Hamilton

MLS® #RLS20038802

RLS at REBNY

Listing by Akam Sales & Brokerage Inc

Studio

1

Bath

N/A

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1963
Ownership Co-op
Maintenance $950/mo
Parking Garage
Neighborhood Tudor City

Property Highlights

  • Views: City
  • Exposure: East,North facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
View City
Exposure East,North
Pets Yes
Cross Street Second Avenue/First Avenue
Year Built 1963
Parking Garage Available
Structure Type HighRise
Flooring Simulated Wood
Parcel # 1333-0001-00305-000-000002T
Block/Lot 1333/1

Listing History

Event Date Price Change
Listed Jul 23, 2025 $450,000 -
Price Reduced Jan 6, 2026 $435,000 -3.3%
Currently Jun 19, 2026 $425,000 -2.3%

Description

COOP OWNED,CLOSING COST CREDIT FOR PURCHASER -- CONTACT THE LISTING BROKER FOR DETAILS Move into the stunning, meticulously designed, brand-new, never-lived-in, renovated studio at The Hamilton Co-op. This unit is turnkey, complete with the best of everything, with extremely low maintenance. • Beautifully designed kitchen with a drop ceiling and recessed lighting, stone countertop, double refrigerator, and kitchen island perfect for dining and entertaining with Pendant Lighting • Custom cabinetry, stainless steel appliances, and high-end finishes throughout. • Luxurious spa-like bathroom with marble, accented by porcelain tiles, recessed lighting, and a half-shower glass door • Wide plank floors for a sleek, warm, and stylish aesthetic • Four windows for extra circulation • New HVAC system The Hamilton is a full-service cooperative with a 24-hour concierge and doorman, a spectacular landscaped roof deck, a bicycle room, and a common storage area. Pieds-a-Terre, gifting, subletting (for up to 3 years), and co-purchasing are allowed. Financially stable coop with no assessments planned and no flip tax. It is conveniently located near all major transportation, fine dining, and shopping options. Sorry, dogs are not permitted.

Features & Amenities

Interior Features

Den Elevator Kitchen Window Building In Basement Common On Floor In Basement Flooring: Simulated Wood

Exterior Features

Building Storage Building Roof Deck

Building Amenities

Elevators

Appliances

Microwave

Building Information

Building Hamilton
Building Data View Compliance & Permits
Total Units 220
Stories 21
Structure HighRise

Financial Details

Maintenance $950/mo
Original Price $450,000
Previous Price $435,000

Tudor City features a collection of traditional multi-family residences and residential cooperative housing. The area boasts established green spaces and is serviced by various transit lines, ensuring accessibility throughout the neighborhood. Its architecture showcases classic New York City styles, defining the physical character of the borough.

Tudor City Live Market Data

View Neighborhood

Active Listings

6

Median Asking Price

$523K

Median $/Sqft

N/A

Avg Days on Market

N/A

New This Week

1

Price Reduced

33%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 6/19/26, 12:22 AM EST

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Location

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305 E 40th Street #2T, Tudor City, New York County • Near Second Avenue/First Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1950
Year Built
76 years old
6
Floors
C6-7
Zoning District

Tax & Assessment

Assessed Value: $178,862,400
Land Value: $81,005,400
Exemptions: $178,862,400

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

Lot Area: 255,000 SF
Building Area: 1,500,000 SF
Built FAR: 5.88
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 monthly maintenance are $950 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 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 1963, making it approximately 63 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.

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: RLS20038802
First Listed: 7/23/2025
On Market: 7/23/2025
Price Changed: 1/6/2026
Pending Since: 4/14/2026
Contract Date: 7/10/2025

Listing Courtesy of Akam Sales & Brokerage Inc - Julie S Weintraub

Listing Contact: (917) 612-2809

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 6/19/2026 at 4:22 AM UTC

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