2 months on rocket

305 E 40th St Unit 5K, New York City, NY, 10016

$1,160,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
Condo

Location

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305 E 40th St Unit 5K, New York$1,160,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
ParkingGarage
Year Built1963
MLS #COMP-1632801736260000049
StatusActive

About 305 E 40th St Unit 5K

Indulge in the luxury of this meticulously renovated 2 bedroom, 2 bath home featuring abundant natural light, two exposures, and a manageable monthly maintenance fee of under $2,300. As you step inside, an elegant foyer welcomes you with 4” express oak plank floors, creating a seamless flow throughout the space. The centerpiece of this freshly painted home is the spacious great room, encompassing a contemporary kitchen, a dining area and an open living area, bathed in eastern and southern light. The kitchen boasts an impressive island and countertops adorned with elegant white marble, accentuated by a striking chandelier. Stainless steel appliances, including a 36” KitchenAid fridge with French doors, a KitchenAid 4-burner gas range, a Bosch microwave, and a custom paneled Blomberg dishwasher, add both style and functionality. Additionally, the kitchen features white shaker cabinetry with under-counter task lighting, complemented by a white glass tile backsplash. The generously-sized primary bedroom offers a serene all-white en-suite spa-style bathroom, while the second bedroom benefits from two sunny exposures and a conveniently located bathroom with a tub in the adjacent hall. Conveniently located in Midtown East, The Hamilton is a full-service co-op with close proximity to Grand Central Station, the United Nations, restaurants, shopping, and major transportation hubs. This 21-story co-op provides a 24-hour doorman/concierge, resident manager, central air, landscaped roof deck, garage, storage, and a bike room. The building allows pieds-à-terre, co-purchasing, and guarantors, and is known for its strong financial standing, low maintenance, absence of assessments, and lack of flip tax.

Property Details

Property Features

Property Information:

  • Year Built: 1963

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Julie Perlin
  • Agent Phone: (917) 414-7653

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Garage

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,160,000

HOA Fees:

  • Amount: $2241
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

305 E 40th St Unit 5K vs New York

87 DAYS ON ROCKET

+2 Days

$1,160,000

+$309.8K More

KEY TAKEAWAY

This property is $309.8K more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1632801736260000049

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Julie Perlin
  • Agent Phone: (917) 414-7653

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/23/2024, 7:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,098

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,544

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1157779
9
/10
  • The River School

  • 425 E 35th St

  • 0.27 miles

  • Public District Grades PK-4

school-card-donut-1157780
7
/10
  • P.S. 116 Mary Lindley Murray School

  • 210 E 33rd St

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-1157781
8
/10
  • P.S./I.S. 78Q The Robert F. Wagner, Jr. School

  • 4809 Center Blvd

  • 0.80 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,967. The majority of New York, NY residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 305 E 40th St Unit 5K

What is the listing price of this property?

The listing price of 305 E 40th St Unit 5K property is $1,160,000.

What type of property is this?

The property 305 E 40th St Unit 5K is a condo located in New York City, New York, 10016.

Is this property for sale now?

Active Listing: 305 E 40th St Unit 5K is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 305 E 40th St Unit 5K has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The sq. ft. of 305 E 40th St Unit 5K is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 305 E 40th St Unit 5K is 1963.

Rocket HomesNew YorkNew York10016305 E 40th St Unit 5K

This home is located at 305 E 40th St Unit 5K in New York City, NY and zip code 10016 in the Midtown East neighborhood. This home was built in 1963. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $1,160,000.

Over 220 listings were sold over their listed price in November 2024 in New York, NY. In the same period over 758 listings were sold below the listed price and 769 listings were sold for the listed price. The inventory of homes for sale in New York, NY between October 2024 and November 2024 decreased by 7.2%. The median list price of listings available in November 2024 was $850,115, while the average time on the real estate market was 85 days.

From Rocket Homes Real Estate and based on county public records data.

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