Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $998,000

· Closed December 15, 2023

40 BROAD Street #28B
Closed For Sale Condo

$998,000

$936 per sq ft

40 BROAD Street #28B

Financial District, Manhattan

MLS® #RLS10934520

RLS at REBNY

Listing by Corcoran Group

1

Bedroom

1.5

Baths

1,066

Sq. Ft.

1982

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2 full, 1 half
Living Area 1,066 sq ft
Year Built 1982
Ownership Condo
HOA/Common Charges $1,387/mo
Property Taxes $19,212/yr
Neighborhood Financial District
Floor 28 of 31

Property Highlights

  • Views: City
  • Exposure: West facing

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full, 1 Half
Floor 28 of 31
View City
Exposure West
Pets Yes
Year Built 1982
Living Area 1,066 sq ft
Structure Type HighRise
Basement Other
Parcel # 0024-1132
Block/Lot 00024/1132

Listing History

Event Date Price Change
Listed Feb 14, 2023 $1,150,000 -
Price Reduced Feb 19, 2024 $1,090,000 -5.2%
Currently May 6, 2026 $998,000 -8.4%

Description

Beautiful 1,066 SF 1-Bed, 1.5-Bath home! Enjoy a generous open kitchen with PH-style hood fan leads to the sprawling living area, oversized bedroom, dressing area and hotel-like ensuite bath with double vanity sinks, soaking tub and rain head shower. Lofty 11-ft ceilings compliment the oversized wall of windows for brilliant natural Western light. Throughout 28B you will find tasteful Brazilian Walnut floors with Basaltito black granite borders and a Bosch washer/dryer in unit. The contemporary open kitchen makes a dramatic design statement with black Granite countertops, backsplashes and custom cabinetry, and delight the most discerning chefs with premium appliances that include a Sub-Zero refrigerator and freezer plus a Miele oven, cooktop and dishwasher. Zen-like Kohler 5-piece master baths are impeccably designed, handcrafted and detailed to afford a soothing, luxurious retreat.

Originally built in 1986 and spectacularly renovated in 2006, this marquee address offers the most impressive collection of luxury condominiums in the heart of the Financial District. From its spectacular two-story lobby, to its furnished indoor lounge and roof deck offering Statue of Liberty, Hudson River and City Skyline views, to the state-of-the-art fitness center, recreation room and Reserve Cut Steak House on the 2nd floor, 40 Broad Street offers an all-inclusive experience and resort-like oasis. Centrally located and a short distance to major transportation hubs including Subway access to 2/3/4/5/A/E/J/Z/R/W and Path trains, in addition to the South Street Ferries/Water Taxis, Fulton Street Station and the Oculus.

Please note taxes reflect primary condo tax abatement
12 month capital assessment of $1123 monthly beginning June 1, 2023.

Features & Amenities

Interior Features

Smoke Free Building Other In Unit

Exterior Features

Building Roof Deck

Building Amenities

Common Playroom Concierge Game Room Green Building

Building Information

Building Data View Compliance & Permits
Total Units 157
Stories 31
Structure HighRise

Financial Details

Common Charges $1,387/mo
RE Taxes $19,212/yr ($1,601/mo)
Original Price $1,150,000
Sale Price $998,000
Previous Price $1,090,000

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

$1.30M

Median $/Sqft

$1,255

Avg Days on Market

N/A

New This Week

7

Price Reduced

29%

Sold (30 Days)

21

Median Sale Price

$1.49M

Live data from RLS at REBNY • Updated 5/5/26, 11:42 PM EST

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Location

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40 BROAD Street #28B, Financial District, New York County

Floor Plans

Floor Plan 1

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 $1,387 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $19,212, or roughly $1,601 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom and 1 half bathroom.

The listed interior living area is 1,066 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1982, making it approximately 44 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 $998,000 for 1,066 sq ft, the asking price per square foot is approximately $936. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. 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) 416-7433
MLS® ID: RLS10934520
First Listed: 2/14/2023
On Market: 2/14/2023
Price Changed: 2/19/2024
Closed: 12/15/2023
Contract Date: 2/14/2023

Listing Courtesy of Corcoran Group - Tara King Brown

Listing Contact: (917) 371-0551

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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/6/2026 at 3:42 AM UTC

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