Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $510,000

· Closed October 15, 2018

240 E 55TH Street #11H
Closed For Sale Co-op

$510,000

240 E 55TH Street #11H

Midtown, Manhattan

MLS® #RLS10542757

RLS at REBNY

Listing by Stribling & Associates

Studio

1

Bath

N/A

Sq. Ft.

1959

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Lot Size 7,531 sq ft
Year Built 1959
Ownership Co-op
Maintenance $1,192/mo
Neighborhood Midtown
Floor 11 of 14

Property Highlights

  • Views: City
  • Exposure: South facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 11 of 14
View City
Exposure South
Pets Yes
Year Built 1959
Lot Size 7,531 sq ft
Parcel # 1328-0030-00240-000-000011H

Listing History

Event Date Price Change
Listed Mar 13, 2018 $595,000 -
Currently Jun 2, 2026 $510,000 -14.3%

Description

Located at 240 East 55th Street, #11H this spacious and sunny co-op alcove studio is easily convertible into a 1BR. A relative rarity in midtown, this high-floor dual-exposure corner studio boasts open sky, sunlight and city views. This home has been recently renovated with a timeless and contemporary design. Upon entering the property, you are struck by the brilliant natural light pouring in from the five-windowed south exposure of this well-proportioned property. Just off the entry foyer you will find two generous closets and the recently updated separate kitchen. Boasting natural light with eastern exposure, this full-size windowed kitchen has stainless steel LG appliances (including dishwasher), a five-burner stove, and built-in microwave - all with plenty of storage and counter space. Measuring over 23 x 12 and featuring richly stained hardwood floors throughout, the living area provides ample space for a dining table as well as a comfortable living room. Under the windows is built-in storage as well as thru-wall air conditioning. The 6x12 alcove easily accommodates a queen or king bed and can be converted to a junior 1BR with a wall if you wished. Next you will find the pass-through closet or dressing area, which has been smartly outfitted with a California Closet system for maximized efficiency and organization. No detail was overlooked in the mint condition, renovated windowed bathroom featuring floor-to-ceiling marble tile, European glass shower door, an overhead spa rain shower, as well as a beautiful dark wood/porcelain vanity and polished chrome fixtures. Dont miss out, this property is everything you have been looking for: corner unit, renovated,easily converted alcove layout, high-floor, south exposure with open sky, all in one of the most convenient locations in Manhattan. 240 East 55th is a co-operative building located between Second and Third Avenues, sitting on the border of quiet and residential Sutton Place and the convenience and energy of the midtown east business district. Transportation options are plentiful, with numerous subway lines, crosstown buses, and relative proximity to Grand Central. There is a full-time, live-in superintendent, a full-time porter, and two part-time doorpersons. Laundry room and common storage can be found in basement. Liberal sublet policy after one year of residence, subject to co-op board approval. Sorry, no dogs allowed.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Financial Details

Maintenance $1,192/mo
Original Price $595,000
Sale Price $510,000

Midtown 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 Neighborhood

Active Listings

226

Median Asking Price

$1.91M

Median $/Sqft

$1,699

Avg Days on Market

N/A

New This Week

9

Price Reduced

35%

Sold (30 Days)

14

Median Sale Price

$1.45M

Live data from RLS at REBNY • Updated 6/2/26, 7:43 AM EST

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Location

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240 E 55TH Street #11H, Midtown, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1998
Year Built
28 years old
5
Floors
32
Residential Units
R6B
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $1,799,550
Land Value: $450,900
Exemptions: $0

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

Lot Area: 10,017 SF
Building Area: 36,500 SF
Built FAR: 3.64
Allowed FAR: 2

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 $1,192 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

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.

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: RLS10542757
First Listed: 3/13/2018
Closed: 10/15/2018
Contract Date: 2/7/2018

Listing Courtesy of Stribling & Associates - Jonathan Lavoie

Listing Contact: (516) 717-7281

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 6/2/2026 at 11:43 AM UTC

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