Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $470,000

· Closed October 30, 2017

305 E 40th Street #5U
Closed For Sale Co-op

$470,000

$940 per sq ft

305 E 40th Street #5U

Murray Hill, Manhattan

THE HAMILTON

MLS® #RLS10041327

RLS at REBNY

Listing by The Corcoran Group

Studio

1

Bath

500

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 500 sq ft
Year Built 1963
Ownership Co-op
Maintenance $604.12/mo
Parking Garage
Neighborhood Murray Hill
Floor 5 of 21

Property Highlights

  • Exposure: North facing
  • Climate Control: Central Air
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 5 of 21
Exposure North
Cooling Central Air
Pets Yes
Cross Street Second Avenue & First Avenue
Year Built 1963
Living Area 500 sq ft
Parking Garage Available
Parcel # 1333-0001-00305-000-000005U

Listing History

Event Date Price Change
Listed Jul 28, 2017 $479,000 -
Currently Apr 26, 2026 $470,000 -1.9%

Description

New on market. Very spacious studio, quiet, open renovated kitchen with dishwasher, renovated bathroom, great custom made closets, in a luxury doorman building, in excellent east midtown location featuring a landscaped roof deck, a garage, a bicycle room and a new central laundry room. Guarantors, co-signers and pied-a-terre are allowed. Sorry, no pets.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck

Building Information

Financial Details

Maintenance $604.12/mo
Original Price $479,000
Sale Price $470,000
Previous Price $479,000

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

267

Median Asking Price

$820K

Median $/Sqft

$1,209

Avg Days on Market

N/A

New This Week

17

Price Reduced

28%

Sold (30 Days)

20

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 4/26/26, 3:29 PM EST

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Location

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305 E 40th Street #5U, Murray Hill, New York County • Near Second Avenue & First Avenue

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1950
Year Built
76 years old
6
Floors
C6-7
Zoning District

Tax & Assessment

Assessed Value: $178,862,400
Land Value: $81,005,400
Exemptions: $178,862,400

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

Lot Area: 255,000 SF
Building Area: 1,500,000 SF
Built FAR: 5.88
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 $604.12 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 500 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1963, making it approximately 63 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.

At the current list price of $470,000 for 500 sq ft, the asking price per square foot is approximately $940. 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: RLS10041327
First Listed: 7/28/2017
Price Changed: 10/30/2017
Closed: 10/30/2017
Contract Date: 7/28/2017

Listing Courtesy of The Corcoran Group - Nicole M Hatoun

Listing Contact: (917) 826-1713

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 4/26/2026 at 7:29 PM UTC

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