Updated 2 years ago
Sold
3 Rooms1 Bed1 BathCo-op
$605,000
Maintenance$1,406
This property was sold for $605,000 on 07/30/24.
Listing Features
- Abundant Closets
- Beamed Ceilings
- Custom Closets
- Entry Foyer
- Recessed Lighting
- Separate Dining Area
- Solid Wood Doors
- Track Lighting
- Wall of Windows
- Dishwasher
- Galley
- Microwave
- Open Kitchen
- S Steel Appliances
- Soaking Tub
Outdoor space and views
- City Views
- West Exposure
Building Amenities
- Full Service
- Alarm System
- Bike Storage
- Elevator
- Garage
- Laundry Room
- Renovated Lobby
- Roof Deck
- Storage
Policies
- No Dogs. Cats Allowed.
- Pieds A Terre Ok
- No Smoking
Property Description for 305 East 40th Street, 17-E
Modern features and thoughtful updates in one of Midtown East's premier, full service co-ops.
Welcome home to apartment 17E at The Hamilton. This high-floor, sun filled 1Bed/1Bath offers the uncommon combination of functional space and a turnkey, modern renovation.
The unit's open concept living room spans nearly 30' from end to end, allowing the next owner to accommodate living, dining, and a work from home setup comfortably.
The layout was fully reimagined by the current owners, with the previously closed galley kitchen being expanded and opened to the living room. The updated kitchen includes sleek white countertops, stainless steel appliance package, and a comfortable breakfast bar.
Throughout the top to bottom renovation, the owners included a variety of high-end features that truly distinguish 17E from other co-op units.
- Two zone Nest thermostat system for heating and cooling
- Ample ceiling lights throughout both the living and bedroom
- In sink disposal
- Fully built out closets by California Closets
- Soft close cabinetry
- Motorized shades in bedroom
The building, which recently underwent an extensive lobby renovation, offers full-time doorman, a spacious and well maintained laundry room, on-site parking, and a beautifully landscaped roofdeck.
Additionally, the building has incredibly strong financials and very flexible rules. The Hamilton permits nearly all purchase structures including gifts, co-purchase, guarantors, pied-a-terre, and purchasing under trust, making it an ideal purchase for virtually every buyer.
The cherry on top: the monthly payments for this apartment are actually lower than what you would pay in rent for a similar product. The average price of a 1BR w/ Doorman in Manhattan is >$5000/month. With 25% downpayment (building minimum) and a 7% interest rate, the all-in monthly payment (including maintenance) comes out to $4375/month.
Please note, pets are not permitted.
Listing History for 305 East 40th Street, 17-E
Now
07/31/2024
$605,000
Sold and Closed by Nick Andreassi
Corcoran
06/07/2024
Contract Signed by Nick Andreassi
Corcoran
Building Details for 305 East 40th Street
OwnershipCo-op
Building TypeHigh-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built1963
Financing Allowed75%
Floors/Apts21/359
Transit and Citi Bike
Subway
Grand Central-42 St
0.26 miles
Railroad
Grand CentralMetro-North Railroad
0.38 miles
Grand CentralLong Island Rail Road
0.48 miles
Citi Bike
E 43 St & 2 Ave
0.14 miles
1 Ave & E 42 St
0.15 miles
Ferry
East 34th Street
0.34 miles
Tudor City | Manhattan
Quick Profile
Compared to other New York City neighborhoods Tudor City is a bit different. For starters, it's not very big. And technically it's not a neighborhood, it's more along the lines of a residential enclave of Tudor style buildings and parks. Even with the large neon sign boldly exclaiming the enclave's name, Tudor CIty is still a little tricky to find.
Located on the southern edge of Turtle Bay, Tudor City borders Murray Hill and lies on a low cliff which is just east of Second Avenue between 40th and 43rd Street. It overlooks the grounds of the United Nations along First Avenue and the East River beyond.
Tudor City is considered one of the world’s first skyscraper apartment complexes. This was considered a remarkable feat in 1929. Early marketing material, aimed at the middle class, described the development as well-planned, well-built, and well-priced housing. Developer Fred F. Finch designed Tudor City to keep middle class residents in Manhattan as many were fleeing the city for the suburbs.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1613873
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