Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
240 E 55TH Street #3H
Closed For Sale Co-op

$395,000

240 E 55TH Street #3H

Midtown, Manhattan

MLS® #RLS10781036

RLS at REBNY

Listing by Level

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 $1,218/mo
Parking Garage
Neighborhood Midtown
Floor 3 of 15

Property Highlights

  • Exposure: South facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 3 of 15
Exposure South
Pets Yes
Year Built 1959
Parking Garage Available
Lot Size 7,531 sq ft

Listing History

Event Date Price Change
Listed Jul 8, 2021 $425,000 -
Price Reduced Jul 5, 2022 $399,000 -6.1%
Currently Jun 2, 2026 $395,000 -1.0%

Description

Huge alcove studio with sunny south views of quiet townhouse gardens from 18 feet of windows in the center of Midtown Manhattan! The kitchen is tastefully renovated with lots of cabinets and soft-close drawers. There are two display window cabinets and good counter space. The apartment needs a paint job and new floors. The bathroom has been updated, but would benefit from a new sink and vanity. A separate dressing area off the sleeping alcove has a double-closet and there are coat and storage closets in the foyer. 240 E 55 Street is a sought-after cooperative in a fantastic Midtown location. Most of the apartments in this building are alcove studios, and because they are so large, many have converted into 1-bedrooms (see StreetEasy's floor plan archive). Doorman services Tue-Fri 4PM-12AM and Sat-Mon 8AM-12AM. Live-in super and full-time porter/handyman. Storage/Bike room and Laundry Room in the basement. Pied-a-terre, co-purchase, parents buying for children (and vice versa) considered. Unlimited subletting permitted after 1 year. NO flip tax!

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Financial Details

Maintenance $1,218/mo
Original Price $425,000
Sale Price $395,000
Previous Price $399,000

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, 3:59 AM EST

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Location

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240 E 55TH Street #3H, Midtown, New York County

Floor Plans

Floor Plan 1

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 $1,218 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.

Pet policy requires confirmation with the listing broker.

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: RLS10781036
First Listed: 7/8/2021
Price Changed: 7/5/2022
Closed: 6/15/2022
Contract Date: 7/8/2021

Listing Courtesy of Level - 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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/2/2026 at 7:59 AM UTC

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