Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $489,000

· Closed February 5, 2025

240 E 30th Street #5B
Closed For Sale Co-op

$489,000

240 E 30th Street #5B

Kips Bay, Manhattan

MLS® #RLS11009913

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1935

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1935
Ownership Co-op
Maintenance $1,562/mo
Neighborhood Kips Bay
Floor 5 of 5

Property Highlights

  • Exposure: South facing
  • Climate Control: Wall Units
  • Character: Pre-war building (1935)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 5 of 5
Exposure South
Heating Wall Furnace
Cooling Wall Units
Pets Yes, CatsOk, DogsOk
Year Built 1935
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Parcel # 0910-0041-00240-000-000005B
Block/Lot 00910/0041

Listing History

Event Date Price Change
Listed Sep 16, 2024 $499,000 -
Currently May 5, 2026 $489,000 -2.0%

Description

Welcome to your serene oasis in the heart of Manhattan! This elegant and spacious one-bedroom, one-bathroom in Kips Bay sits on the top floor of a wonderfully maintained boutique co-operative. Bathed in natural light from its desirable south exposure, this residence boasts an open and airy layout that invites comfort and sophistication. As you enter the apartment, you are greeted by an expansive, airy apartment with original hardwood floors. The king-sized bedroom provides a tranquil retreat, offering ample space for relaxation and rest. The bathroom, thoughtfully renovated in 2016, features contemporary finishes and fixtures. Special features include custom lightning and ceiling fixtures, along with ample storage in the apartment, with closet organizers installed for your convenience. Nestled within an elevator boutique co-op, this home offers more than just a place to live—it promises a lifestyle. Enjoy the tranquility of two shared gardens, equipped with a BBQ, and shared communal seating, perfect for unwinding or entertaining. Additional conveniences include a live-in super, elevator, bike & additional storage for rent in the basement, as well as on-site laundry facilities, which were just remodeled in 2023. This co-op permits co-purchasers, gifting & guarantors allowed with board approval. Pied-a-terres are considered on a case-by-case basis, and subletting is permitted after three years, subject to co-op approval, with a maximum sublet period of two consecutive years. Pets are welcome, also pending board approval. The surrounding neighborhood has everything one could wish for - conveniently located near Trader Joes, Whole Foods, Fairway, Target as well as a variety of bars and restaurants. Transportation is easily accessible via the M15 and M34 buses & a few blocks away from the 6 train. Experience the best of Manhattan living in this bright, sunny, and spacious co-op. Make it your wonderful primary residence today!

Features & Amenities

Interior Features

Common On Floor Common Area Flooring: Hardwood

Building Information

Building Data View Compliance & Permits
Total Units 38
Stories 5
Structure MultiFamily

Financial Details

Maintenance $1,562/mo
Original Price $499,000
Sale Price $489,000
Previous Price $499,000

Kips Bay is a relaxed and highly convenient residential neighborhood located on the East Side of Manhattan. Known for its mix of mid-century high-rises and historic brick townhouses, it offers a more approachable price point than its neighbors to the north and south. Residents enjoy proximity to the East River Esplanade, a variety of local dining options, and easy access to the city's major medical centers and Midtown business hubs.

Kips Bay Live Market Data

View Neighborhood

Active Listings

133

Median Asking Price

$845K

Median $/Sqft

$1,450

Avg Days on Market

N/A

New This Week

8

Price Reduced

31%

Sold (30 Days)

20

Median Sale Price

$833K

Live data from RLS at REBNY • Updated 5/5/26, 10:36 AM EST

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Location

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240 E 30th Street #5B, Kips Bay, New York County

Building Information

Official NYC property records for this building

1894
Year Built
132 years old
4
Floors
M1-9A/R12
Zoning District

Tax & Assessment

Assessed Value: $2,772,000
Land Value: $333,450
Exemptions: $0

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

Lot Area: 2,469 SF
Building Area: 8,200 SF
Built FAR: 3.32
Allowed FAR: 15

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 monthly maintenance are $1,562 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1935, making it approximately 91 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

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

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: RLS11009913
First Listed: 9/17/2024
On Market: 9/16/2024
Price Changed: 2/14/2025
Closed: 2/5/2025
Contract Date: 9/10/2024

Listing Courtesy of Compass - Heather CELLA

Listing Contact: (845) 641-7790

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 5/5/2026 at 2:36 PM UTC

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