Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,182,562

· Closed June 17, 2023

40 Broad Street #12-E
Closed For Sale Condo

$1,182,562

$1,079 per sq ft

40 Broad Street #12-E

Financial District, Manhattan

MLS® #RLS10858374

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

1,096

Sq. Ft.

1986

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,096 sq ft
Year Built 1986
Ownership Condo
HOA/Common Charges $1,431/mo
Property Taxes $20,760/yr
Neighborhood Financial District
Floor 12 of 31

Property Highlights

  • Views: City
  • Exposure: East,South facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 12 of 31
View City
Exposure East,South
Cooling Central Air
Pets Yes
Cross Street Beaver Street/Exchange Place
Year Built 1986
Living Area 1,096 sq ft
Block/Lot 24/7501

Listing History

Event Date Price Change
Listed Mar 1, 2023 $1,182,562 -
Price Reduced Jun 17, 2023 $1,200,000 +1.5%

Description

Rarely available! Residence 12-E offers a very large and well laid out 1,096 square feet one bedroom with a large separate home office and 2 Full Bathrooms. Residence 12-E features East exposure with soaring 10'3" ceiling heights, fills the grand open space with a gentle, natural light. The elegant flooring features an exclusive Brazilian walnut detailed with a black granite border. The oversized primary bedroom is large enough to include a seating area. Its en-suite bathroom is designed to relax and pamper: Features include black granite flooring, dual sinks with Kohler fixtures, a deep soaking tub, oversized rain showerhead, Luxor Stone tile backsplash and ceiling high mirrored medicine cabinets. The same design aesthetic continues into the galley-style chef's kitchen with black Granite countertops, backsplashes and custom cabinetry. Sub-Zero refrigerator and freezer with concealed paneling plus a Miele oven, cooktop and dishwasher. Residence 12-E includes Bosch washer and dryer. 40 Broad Street is recognized as one of the most exclusive condominiums in NYC and enjoys a prime location in the center of the world's most vibrant Financial District. Featured amenities include a dramatic dual height lobby, 24-hour doorman, full-service concierge, live-in super, state of the art fitness center, billiards room, reading room/quiet lounge, a children's playroom with outdoor playground on the 10th floor terrace, a yoga room, Reserve Cut Steakhouse located on the 2nd floor and an 8,000 SF furnished rooftop providing panoramic views of the city skyline, Hudson River, and Statue of Liberty. Whole Foods just opened around the corner. Nestled alongside the Seaport District in the vibrant Financial District, this home is surrounded by world-class shopping, dining and entertainment. Take in a movie with cocktails and light bites at the nearby IPIC and Alamo Drafthouse Movie Theaters, explore the incredible dining options throughout the neighborhood including The Tin Building by Jean-Georges, Manhatta, Crown Shy, Saga, Le Gratin, Temple Court, The Fulton, Carner Mare, Eataly and so much more. Enjoy fantastic retail therapy and gourmet offerings at The Oculus at the World Trade Center or at Brookfield Place. Opening soon is Century 21, Printemps of Paris and the Perelman Performing Arts Center at the WTC. Head to The Battery and the waterfront for extraordinary outdoor space. Transportation is effortless with A/C, 2/3, 4/5, R/W, J/Z and PATH trains, excellent bus service, CitiBike stations and the Wall Street Ferry Terminal are all nearby.

Features & Amenities

Interior Features

Dining Area Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $1,431/mo
RE Taxes $20,760/yr ($1,730/mo)
Sale Price $1,182,562
Previous Price $1,200,000

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 5/6/26, 1:37 AM EST

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Location

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40 Broad Street #12-E, Financial District, New York County • Near Beaver Street/Exchange Place

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 $1,431 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $20,760, or roughly $1,730 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,096 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 $1,182,562 for 1,096 sq ft, the asking price per square foot is approximately $1,079. 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: RLS10858374
First Listed: 3/1/2023
Price Changed: 6/17/2023
Closed: 6/17/2023
Contract Date: 3/1/2023

Listing Courtesy of Compass - Avichay Alkotzer

Listing Contact: (646) 436-2242

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 5:37 AM UTC

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