Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
140 E 40th Street #7J
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Active For Sale Co-op

$375,000

140 E 40th Street #7J

Murray Hill, Manhattan

MLS® #RLS20055045

RLS at REBNY

Listing by Compass

Studio

1

Bath

N/A

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1931
Ownership Co-op
Maintenance $1,005/mo
Neighborhood Murray Hill
Floor 7 of 13

Property Highlights

  • Exposure: East facing
  • Style: ArtDeco architecture
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 7 of 13
Exposure East
Cooling Wall Units
Pets CatsOk
Year Built 1931
Architectural Style ArtDeco
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00895/0066

Listing History

Event Date Price Change
Listed Oct 17, 2025 $375,000 -
Price Reduced Apr 20, 2026 $399,000 +6.4%

Description

Welcome to 140 East 40th Street – 7J, a recently renovated studio that captures the essence of quintessential pre-war living with combines high-beamed ceilings and large casement windows. The apartment's Art Deco architectural details transform it into a truly unique gem, complete with a gracious entrance foyer and elegant arched passageways. The newly renovated kitchen boasts stainless steel appliances, and brand-new hardwood floors extend throughout the living area. Alongside ample closet space, you'll also find storage conveniently located in the basement available for rent. The building offers a beautifully landscaped common roof deck with direct views of the Empire State Building, security staff from 11:00am to 7:00pm, a laundry room, bicycle storage, and a live-in resident manager. This elegant pre-war cooperative is nestled on a tree-lined street just two blocks from Grand Central, offering easy access to transportation, shopping, and a vibrant restaurant scene right around the corner. Gifting, parents purchasing for children, and pied-à-terres are considered on a case-by-case basis. Please note that dogs are not permitted.

Features & Amenities

Interior Features

Walk In Closets Building Washer Dryer Install Allowed Common On Floor Common Area Flooring: Hardwood

Exterior Features

Building Roof Deck

Building Amenities

Elevators Security Guard

Appliances

Stainless Steel Appliances

Building Information

Building Data View Compliance & Permits
Total Units 98
Stories 13
Structure MultiFamily
Style ArtDeco

Financial Details

Maintenance $1,005/mo
Previous Price $399,000

Murray Hill offers a central Manhattan location with a surprisingly neighborhood-like feel. Known for its historic 'Sniffen Court' and a mix of mid-century high-rises and 19th-century townhouses, it is a popular choice for professionals seeking proximity to Grand Central and Midtown. The neighborhood is particularly well-regarded for offering a wide range of price points, from entry-level studio cooperatives to expansive luxury penthouses.

Murray Hill Live Market Data

View Neighborhood

Active Listings

259

Median Asking Price

$799K

Median $/Sqft

$1,202

Avg Days on Market

N/A

New This Week

13

Price Reduced

31%

Sold (30 Days)

19

Median Sale Price

$778K

Live data from RLS at REBNY • Updated 5/4/26, 9:40 AM EST

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Location

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140 E 40th Street #7J, Murray Hill, New York County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
13
Floors
99
Residential Units
C5-2.5
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $8,248,950
Land Value: $981,000
Exemptions: $160,896

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

Lot Area: 7,110 SF
Building Area: 58,280 SF
Built FAR: 8.2
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 monthly maintenance are $1,005 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 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1931, making it approximately 95 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: Dogs are not permitted.. 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: RLS20055045
First Listed: 10/16/2025
On Market: 10/17/2025
Price Changed: 4/20/2026
Contract Date: 10/16/2025

Listing Courtesy of Compass - Marianna Dimentman

Listing Contact: (917) 853-3262

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 5/4/2026 at 1:40 PM UTC

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