SOLD FOR $660,000
Listed at $685,000 · Sold 3.6% below asking · Closed August 8, 2024
240 E 55th Street #12B
MLS® #RLS10942218
Listing by Level Group Inc
1
Bedroom
1
Bath
905
Sq. Ft.
1959
Year Built
Quick Summary
Property Highlights
- Exposure: South,West facing
- Outdoor Space: Building Terrace, Terrace
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Aug 25, 2022 | $795,000 | - |
| Price Reduced | Sep 18, 2023 | $659,000 | -17.1% |
| Currently | Jun 1, 2026 | $685,000 | +3.9% |
Description
Seller offers a maintenance rebate of $375 per month for 3 years (a $13,500 credit). The credit will be given as a lump sum, deducted from the Contract of Sale price. The monthly maintenance without the rebate is $2,284. Amazing and rare 300 square foot terrace with sunny south and west city views. Newly renovated open kitchen with an eat-in peninsula, high-end stainless steel appliances, top quality cabinets, black granite countertops, and new fixtures. The windowed bathroom has also been renovated. Originally a one-bedroom apartment, this penthouse-style residence is redesigned with two bedrooms – the main bedroom large enough to fit a queen or king-size bed – the second bedroom serving as an office/den and guest bedroom. The living room and second bedroom have twenty feet of wall-to-wall windows enjoying beautiful vistas of the terrace.. Attractive new light wood floors have been installed throughout. There is great closet space including a large walk-in closet. 240 East 55th Street allows UNLIMITED SUBLETTING after one year of ownership. It is conveniently located between residential Sutton Place and the Midtown business district, a five-minute jog to Central Park and the new, extended East River Promenade. It has a part-time doorman, a full-time porter/handyman, and a live-in superintendent. There is a laundry room as well as a free storage room in the basement. NO FLIP TAX.
Features & Amenities
Interior Features
Exterior Features
Appliances
Building Information
Financial Details
About Midtown
View All Midtown ListingsMidtown Manhattan is the city's primary commercial and transit hub, home to Grand Central Terminal, Rockefeller Center, Bryant Park, and the Empire State Building. The residential market features luxury condo towers, classic pre-war cooperatives, and postwar doorman buildings served by nearly every subway line in the system. Properties range from high-floor units with skyline panoramas to well-maintained co-ops along the tree-lined side streets east and west of Fifth Avenue.
Midtown Live Market Data
View NeighborhoodActive Listings
227
Median Asking Price
$1.91M
Median $/Sqft
$1,700
Avg Days on Market
N/A
New This Week
14
Price Reduced
35%
Sold (30 Days)
14
Median Sale Price
$1.45M
Live data from RLS at REBNY • Updated 6/1/26, 7:02 PM EST
Similar Listings in Midtown
View All50 W 47TH Street #20E
Condo • RLS #RLS20094276
425 5th Avenue #23D
Condo • RLS #RLS20071415
445 5TH Avenue #16F
Condo • RLS #RLS20085980
18 W 48TH Street #11B
Condo • RLS #RLS20079582
150 W 56th Street #4103
Condo • RLS #RLS20092638
325 5TH Avenue #39C
Condo • RLS #RLS20045535
Browse More NYC Properties
In This Neighborhood
By Property Type
By Borough
Location
240 E 55th Street #12B, Midtown, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $1,910 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.
The listed interior living area is 905 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1959, making it approximately 67 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.
At the current list price of $685,000 for 905 sq ft, the asking price per square foot is approximately $757. 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) 416-7433Listing Courtesy of Level Group Inc - Steen Rasmussen
Listing Contact: (347) 266-2486
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 Data display by Keller Williams NYC. Data last updated on 6/1/2026 at 11:02 PM UTC