SOLD FOR $563,000
· Closed December 29, 2025
40 BROAD Street #18C
MLS® #RLS20024931
Listing by Corcoran Group
Studio
1
Bath
583
Sq. Ft.
1986
Year Built
Quick Summary
Property Highlights
- Views: City
- Climate Control: Other
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 17, 2025 | $638,000 | - |
| Price Reduced | Dec 30, 2025 | $625,000 | -2.0% |
| Currently | May 4, 2026 | $563,000 | -9.9% |
Description
Residence 18C - Financial District Studio, Ideal 1031 Exchange Opportunity
Residence 18C offers a rare opportunity to acquire a sun-filled, turnkey studio in the heart of Manhattan's Financial District-perfect for a 1031 exchange, pied-à-terre, or long-term investment. Combining refined interiors with full-service luxury and strong market appeal, this home is designed for both lifestyle and financial flexibility.
Unit Highlights:
- Oversized windows framing tranquil city views and flooding the space with natural light
- Soaring ceilings and rich hardwood floors, creating an open, airy environment
- Sleek open kitchen with premium Sub-Zero, Miele, and Bosch appliances, ideal for entertaining or daily convenience
- Spa-inspired bath with soaking tub and glass-enclosed rain shower
- In-unit washer/dryer for ultimate modern convenience
- Efficient, versatile layout optimized for both personal use and rental income
- Full-service concierge and 24-hour attended lobby
- 44,000+ SF lifestyle and wellness spaces, including a state-of-the-art fitness center & spa
- Landscaped roof deck with stunning city views
- Residents' lounge, game room, and children's play area
- Pet-friendly environment and professionally managed condo structure, appealing to long-term investors
- Moments from Brookfield Place, Westfield at the Oculus, and the Tin Building by Jean-Georges
- Dining and nightlife at Crown Shy, Delmonico's, and The Fulton
- Easy access to all major subway lines, ferries, and the Wall Street heliport
- Strong rental demand enhances 1031 exchange potential
- Turnkey condition minimizes additional capital expenditures
- High-demand location supports stable rental or resale value
- Flexible property type ideal for a 1031 exchange, offering deferred capital gains and a streamlined transition from another investment property
For income/expense details or to schedule a private showing, please email.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Financial District
View All Financial District ListingsThe 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 NeighborhoodActive Listings
249
Median Asking Price
$1.29M
Median $/Sqft
$1,250
Avg Days on Market
N/A
New This Week
5
Price Reduced
29%
Sold (30 Days)
20
Median Sale Price
$1.49M
Live data from RLS at REBNY • Updated 5/4/26, 5:21 AM EST
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Location
40 BROAD Street #18C, Financial District, New York County
Virtual Tour
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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 common charges are $719 per month. Confirm the exact amount with the listing broker before making an offer.
This property has 0 bedrooms and 1 full bathroom.
The listed interior living area is 583 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 $563,000 for 583 sq ft, the asking price per square foot is approximately $966. 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 Corcoran Group - Amalia Daskalakis
Listing Contact: (646) 382-3783
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 5/4/2026 at 9:21 AM UTC