SOLD FOR $410,000
Listed at $425,000 · Sold 3.5% below asking · Closed September 26, 2025
240 E 55th Street #8-B
MLS® #RLS20008797
Listing by R New York
Studio
1
Bath
N/A
Sq. Ft.
1959
Year Built
Quick Summary
Property Highlights
- Views: City
- Exposure: South facing
- Climate Control: Wall Units
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Mar 12, 2025 | $450,000 | - |
| Currently | May 28, 2026 | $425,000 | -5.6% |
Description
OWN FOR LESS THAN RENT!
18 feet of windows facing south to quiet courtyard gardens! Lots of sunlight, tree and city views. Spacious alcove studio with updated kitchen and bath. The kitchen in the B-line apartments is often expanded with an island and additional cabinets (see photo and alternative floor plan attached).
IMPORTANT BUILDING INFORMATION
*Unlimited subletting allowed after one year of ownership
*Purchase by corporation or trust (irrevocable and revocable) is allowed with an occupancy agreement, and application both from the purchasing entity and financially responsible individual(s) to occupy the unit, as well as a personal guarantee from the latter
*Co-purchasing, gifting, etc. allowed on a case-by-case basis
*No flip tax
*Storage/bike room in the basement is free for shareholders
*Finance up to 75%
This home is a rare oasis in the center of Midtown Manhattan, a 5 and 10 min stroll to Central Park and East River Promenade. The ideal building and location for an affordable, flexible, and convenient lifestyle.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Turtle Bay
View All Turtle Bay ListingsTurtle Bay is a refined and diplomatic corridor, home to the United Nations Headquarters and numerous international consulates. The neighborhood is famous for the historic Turtle Bay Gardens and its tree-lined streets. Real estate in Turtle Bay offers a wide selection, from elegant pre-war townhouses to modern luxury condominiums that provide a low-traffic residential atmosphere just steps away from the bustle of Midtown.
Turtle Bay Live Market Data
View NeighborhoodActive Listings
171
Median Asking Price
$1.01M
Median $/Sqft
$1,464
Avg Days on Market
N/A
New This Week
7
Price Reduced
40%
Sold (30 Days)
11
Median Sale Price
$1.39M
Live data from RLS at REBNY • Updated 5/28/26, 5:48 PM EST
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Location
240 E 55th Street #8-B, Turtle Bay, New York County • Near Third Avenue/Second Avenue
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $1,203.39 per month. Confirm the exact amount with the listing broker before making an offer.
This property has 0 bedrooms and 1 full bathroom.
According to MLS records, the building was constructed in 1959, making it approximately 67 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.
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) 416-7433Listing Courtesy of R New York - Steen W Rasmussen
Listing Contact: (347) 266-2486
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 Data display by Keller Williams NYC. Data last updated on 5/28/2026 at 9:48 PM UTC