Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,640,000

Listed at $1,749,000 · Sold 6.2% below asking · Closed August 8, 2017

SOLD: 40 Broad Street #20GF
SOLD $1,640,000
Sold Condo

$1,640,000

$1,088 per sq ft

Listed at $1,749,000 $-109,000 vs asking

40 Broad Street #20GF

Financial District, Manhattan

MLS® #RLS10034286

RLS at REBNY

Listing by New York Living Solutions

2

Bedrooms

3

Baths

1,507

Sq. Ft.

N/A

Year Built

Sale Details

Sale Price $1,640,000
Original List Price $1,749,000
Close Date August 8, 2017
vs. Asking Sold 6.2% below asking

Property Summary

Bedrooms 2
Bathrooms 3
Living Area 1,507 sq ft
Year Built N/A
Ownership Condo
Common Charges $1,957/mo
Property Taxes $11,928/yr
Neighborhood Financial District
Floor 20

Description

Best valued 2 bedroom, 2.5 bathroom in the Financial District. This 20th floor apartment is a combination of a studio and a one-bedroom. No other listing can beat the numbers on this unit. Competitively priced at $1,160 per square foot, and with a long term tax abatement, this is an incomparable investment opportunity located in a constantly growing neighborhood. If math is not an opinion, this asset has the most attractive numbers in the area. The unit has very strong fundamentals, such as a desirable downtown location, 1,500+ square feet of space, 10'3" high ceilings, oversized windows, a spacious split floorplan that guarantees privacy to the occupants, an overabundance of closets, as well as an extra half bath - a rare find at this price point. Designer finishes and accents give the unit a special touch. Brazilian walnut floors are trimmed with a black granite border throughout, including the U-Shaped kitchen. The large living and dining areas round out this distinct space, perfect for entertaining. The kitchen's black granite countertops and backsplashes complement the beautiful cabinetry made of magnificent mahogany. All cabinets have stainless-steel bar-pull hardware with easy self-closing mechanisms throughout, including the dishwasher. The primary bedroom and second bedroom contain en-suite bathrooms and multiple closets, including a walk-in-closet and dressing area. Enter the master bathroom atop black granite flooring. A deep soaking bathtub is separate from the glass enclosed shower with a plentiful rain showerhead mounted to the ceiling. Countertops and bathtub deck are an amazing American Walnut accented with Kohler fixtures, Luxor Stone tile backsplash, and ceiling-high mirrored medicine cabinets. Sub-Zero, Miele and Kohler appliances, central air and a washer & dryer round it up. This is a highly rentable apartment with the all-inclusive experience of hotel living with resort-like oasis at home. The well-established building features a full service concierge offering hotel like amenities such as exclusive membership at The Setai Club and access to over 44,000 square feet of amenities like state-of-the-art gym and Zen spa, fine dining, 24-hour attended lobby, roof terrace, proximity to Battery Park, East River Park, South Street Seaport, Tribeca and Soho. Contact us today to view this investment opportunity.

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
View City
Cooling Central Air
Living Area 1,507 sq ft

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Listing courtesy of Richard Tayar at New York Living Solutions. 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. This 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.

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