Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,200,000

· Closed April 5, 2022

40 E 61st Street #11-B
Closed For Sale Condo

$1,200,000

$1,267 per sq ft

40 E 61st Street #11-B

Upper East Side, Manhattan

MLS® #RLS10764058

RLS at REBNY

Listing by Compass

1

Bedroom

1.5

Baths

947

Sq. Ft.

1928

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2 full, 1 half
Living Area 947 sq ft
Year Built 1928
Ownership Condo
HOA/Common Charges $1,655/mo
Property Taxes $19,764/yr
Neighborhood Upper East Side
Floor 11 of 19

Property Highlights

  • Views: City
  • Exposure: East,North,South facing
  • Outdoor Space: Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full, 1 Half
Floor 11 of 19
View City
Exposure East,North,South
Pets Yes
Cross Street Madison Avenue/Park Avenue
Year Built 1928
Living Area 947 sq ft
Architectural Style Prewar
Block/Lot 1375/7501

Listing History

Event Date Price Change
Listed Jul 26, 2021 $1,200,000 -
Price Reduced Apr 5, 2022 $1,225,000 +2.1%

Description

RARE gem in one of Manhattan's most prestigious locations! Bright, elegant 1 bed, 1.5 bath residence with TWO PRIVATE BALCONIES!! Located in upscale Lenox Hill in a quiet, elegant block between Park and Madison Avenue, just a few steps from Central Park and world-class shopping. This chic and exclusive condominium has a renovated lobby and hallways, and only three units on the 11th floor! The spacious master bedroom features an en suite bathroom, ample closet space and a sliding glass door leading to a southeast facing balcony. The second balcony is off the living room and has a northern exposure. This unique apartment has hardwood floors throughout and stainless steel appliances in the kitchen. Apartment 11B is located in a full service, luxury pre-war condominium, with a 24/7 doorman and live-in super, as well as a laundry room on the 5th floor. Washers and dryers are permitted in the unit, and the building is pet-friendly.

Features & Amenities

Interior Features

Entrance Foyer Building Washer Dryer Install Allowed Common Area

Exterior Features

Balcony Balcony

Building Information

Financial Details

Common Charges $1,655/mo
RE Taxes $19,764/yr ($1,647/mo)
Sale Price $1,200,000
Previous Price $1,225,000

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

340

Median Asking Price

$1.70M

Median $/Sqft

$1,500

Avg Days on Market

N/A

New This Week

25

Price Reduced

28%

Sold (30 Days)

43

Median Sale Price

$1.60M

Live data from RLS at REBNY • Updated 5/13/26, 5:13 PM EST

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Location

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40 E 61st Street #11-B, Upper East Side, New York County • Near Madison Avenue/Park Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
3
Floors
2
Residential Units
R5B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $93,840
Land Value: $24,000
Exemptions: $0

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

Lot Area: 2,425 SF
Building Area: 2,700 SF
Built FAR: 1.11
Allowed FAR: 1.5

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 $1,655 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $19,764, or roughly $1,647 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 947 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1928, making it approximately 98 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 $1,200,000 for 947 sq ft, the asking price per square foot is approximately $1,267. 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: RLS10764058
First Listed: 7/26/2021
Price Changed: 4/5/2022
Closed: 4/5/2022
Contract Date: 7/26/2021

Listing Courtesy of Compass - Michelle Levine

Listing Contact: (516) 880-4084

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 5/13/2026 at 9:13 PM UTC

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