Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

RENTED AT $3,695/mo

· Leased April 16, 2026

40 BROAD Street #20C
Closed For Rent Condo

$3,695/mo

$6 per sq ft

40 BROAD Street #20C

Financial District, Manhattan

Setai Wall Street

MLS® #RLS20077018

RLS at REBNY

Listing by Douglas Elliman Real Estate

NYC FARE Act Notice: Under NYC Local Law 119 (effective June 2025), if the landlord hired the broker, the tenant is not responsible for the broker fee. Ask about fee responsibility before scheduling a viewing.

Studio

1

Bath

584

Sq. Ft.

1986

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 584 sq ft
Year Built 1986
Ownership Condo
Neighborhood Financial District
Floor 20 of 31

Property Highlights

  • Views: City
  • Exposure: West facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 20 of 31
View City
Exposure West
Cooling Central Air
Pets Yes
Year Built 1986
Living Area 584 sq ft
Structure Type HighRise
Furnished Unfurnished
Basement Other
Parcel # 0024-1071
Block/Lot 00024/7501

Listing History

Event Date Price Change
Listed Mar 13, 2026 $3,695 -
Currently May 1, 2026 $3,695 -

Description

Unit 20C at 40 Broad Street in the The Setai Wall Street is an oversized studio apartment.

The unit features 11-foot ceilings, floor-to-ceiling windows, and west-facing city views. Interior finishes include Brazilian walnut floors with stone inlay borders. The kitchen has black granite countertops, custom mahogany cabinetry, and premium appliances: a Sub-Zero refrigerator, Miele oven, gas cooktop, dishwasher, and a built-in wine cooler.

The bathroom includes Kohler fixtures, a glass-enclosed rain shower, a soaking tub, and black granite flooring. The apartment also has an in-unit Bosch washer and dryer.

Building amenities include a fitness center with yoga and barre studios, a spa, a residents' recreation room, and a rooftop deck with views of the Statue of Liberty. The building has a two-story lobby and on-site dining at Reserve Cut.

The property is located in the Financial District near the 2, 3, 4, 5, A, C, J, Z, R, and W subway lines, the PATH system, ferry service, and Oculus at Fulton Center. A Whole Foods Market is a few blocks away.

Features & Amenities

Interior Features

Dining Area Building Other Washer Hookup In Unit

Exterior Features

Building Roof Deck Private Outdoor Space Under60 Sqft

Building Amenities

Common Playroom Concierge Game Room

Building Information

Rental Details

Available

4/1/2026

Fee Disclosure NYC FARE Act

Estimated Move-In Costs

First Month's Rent

$3,695

Security Deposit

$3,695

Application Fee

$20

Under NYC's FARE Act (Local Law 119), if the landlord hired the broker, the tenant is not responsible for the broker fee. Always confirm fee responsibility before signing.

Short-Term Rental Potential

Estimated income if operated as a compliant short-term rental under NYC Local Law 18:

$308
Est. nightly rate
65%
Avg. occupancy
$6,006
Est. monthly gross

Estimates only. Requires NYC DCWP registration (Local Law 18). Most co-ops and condos prohibit STR via bylaws. Verify with building management and an attorney before listing. Past income is not guaranteed.

The Financial District occupies the southern tip of Manhattan, where landmark office towers have been converted into spacious residential lofts alongside new luxury high-rise condominiums with river and harbor views. The Oculus and Fulton Center transit hubs connect over a dozen subway lines, including the 2, 3, 4, 5, A, C, J, and Z trains, making it one of the best-connected neighborhoods in the city. Battery Park, Bowling Green, and the 9/11 Memorial provide open green space and waterfront access at the foot of the skyline.

Financial District Live Market Data

View Neighborhood

Active Listings

255

Median Asking Price

$1.29M

Median $/Sqft

$1,247

Avg Days on Market

N/A

New This Week

8

Price Reduced

29%

Sold (30 Days)

21

Median Sale Price

$1.49M

Live data from RLS at REBNY • Updated 4/30/26, 11:29 PM EST

Similar Listings in Financial District

View All

Location

Loading map...

40 BROAD Street #20C, Financial District, New York County

Building Information

Official NYC property records for this building

1982
Year Built
44 years old
31
Floors
156
Residential Units
C5-5
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $37,010,343
Land Value: $9,270,053
Exemptions: $1,160,853

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

Lot Area: 16,100 SF
Building Area: 239,204 SF
Built FAR: 14.86
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 common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 584 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1986, making it approximately 40 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $3,695 for 584 sq ft, the asking price per square foot is approximately $6. This figure is for reference only and may differ from appraised or assessed values.

To schedule a viewing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20077018
First Listed: 3/13/2026
On Market: 3/13/2026
Price Changed: 3/13/2026
Closed: 4/16/2026
Contract Date: 3/13/2026

Listing Courtesy of Douglas Elliman Real Estate - Milenko Pekija

Listing Contact: (646) 262-4611

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.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/1/2026 at 3:29 AM UTC

NYC Renter Guides

FARE Act: Who Pays Broker Fees Now?

The 2025 law that shifted broker fees from tenants to landlords.

Read article

NYC Renter's Rights 2026

Broker fee law, rent stabilization, and tenant protections.

Read article

Renting vs. Buying in NYC 2026

The math on when buying makes more sense than continuing to rent.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton