Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $415,000

Listed at $420,000 · Sold 1.2% below asking · Closed October 28, 2025

SOLD: 240 E 55th Street #5-C
SOLD $415,000
Sold Co-op

$415,000

Listed at $420,000 $-5,000 vs asking

240 E 55th Street #5-C

Turtle Bay, Manhattan

MLS® #RLS20010223

RLS at REBNY

Listing by R New York

Studio

1

Bath

N/A

Sq. Ft.

1959

Year Built

Sale Details

Sale Price $415,000
Original List Price $420,000
First Listed At $450,000
Close Date October 28, 2025
vs. Asking Sold 1.2% below asking

Property Summary

Bedrooms Studio
Bathrooms 1
Year Built 1959
Ownership Co-op
Maintenance $1,326/mo
Neighborhood Turtle Bay
Floor 5 of 14

Description

OWN FOR LESS THAN RENT! Enormous alcove studio with lots of quiet privacy and lots of sun from 18 feet of south-facing windows. The updated kitchen has full-size appliances, including a 24" dishwasher, a 30" stove and microwave oven, and a 33"(W) by 69"(H) by 27"(D) refrigerator. The bathroom has been reconfigured with a large walk-in shower, and is renovated in an attractive white tile and high-end polished chrome fixtures. There is a double-wide closet next to the bathroom, and two additional closets in the foyer and by the kitchen. UNLIMITED SUBLETTING IS ALLOWED AFTER ONE YEAR OF OWNERSHIP. There is NO flip tax, and the storage/bike room in the basement is free for shareholders. 240 East 55th Street is a well-managed co-op located off Second Avenue nestled between residential Sutton Place and the East Midtown business district on Third Avenue. Residents enjoy the convenience and luxury of great restaurants, supermarkets, fitness centers, and specialty stores, as well as close proximity to several subway and bus lines. Central Park and the new East River Promenade is a short bike ride or jog away.

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Cooling Wall Units
Year Built 1959

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RLS at REBNY

Listing courtesy of Steen W Rasmussen at R New York. 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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