Updated 10 months ago
Sold
240 East 55th Street, 5-C
Turtle Bay, Manhattan | Third Ave & Second Ave
Alcove Studio 1 BathCo-op
$420,000
Maintenance$1,326
This property was sold for $415,000 on 10/28/25.
Listing Features
- Dishwasher
- Microwave
- Stall Shower
Outdoor space and views
- South Exposure
Building Amenities
- Part-Time Doorman
- Bike Storage
- Elevator
- Garage
- Laundry Room
- Storage
Policies
- No Dogs. Cats Allowed.
- Pieds A Terre Ok
Property Description for 240 East 55th Street, 5-C
OWN FOR LESS THAN RENT!
Enormous alcove studio with lots of quiet privacy and lots of sun from 18 feet of south-facing windows.
The updated kitchen has full-size appliances, including a 24" dishwasher, a 30" stove and microwave oven, and a 33"(W) by 69"(H) by 27"(D) refrigerator.
The bathroom has been reconfigured with a large walk-in shower, and is renovated in an attractive white tile and high-end polished chrome fixtures. There is a double-wide closet next to the bathroom, and two additional closets in the foyer and by the kitchen.
UNLIMITED SUBLETTING IS ALLOWED AFTER ONE YEAR OF OWNERSHIP. There is NO flip tax, and the storage/bike room in the basement is free for shareholders.
240 East 55th Street is a well-managed co-op located off Second Avenue nestled between residential Sutton Place and the East Midtown business district on Third Avenue. Residents enjoy the convenience and luxury of great restaurants, supermarkets, fitness centers, and specialty stores, as well as close proximity to several subway and bus lines. Central Park and the new East River Promenade is a short bike ride or jog away.
Enormous alcove studio with lots of quiet privacy and lots of sun from 18 feet of south-facing windows.
The updated kitchen has full-size appliances, including a 24" dishwasher, a 30" stove and microwave oven, and a 33"(W) by 69"(H) by 27"(D) refrigerator.
The bathroom has been reconfigured with a large walk-in shower, and is renovated in an attractive white tile and high-end polished chrome fixtures. There is a double-wide closet next to the bathroom, and two additional closets in the foyer and by the kitchen.
UNLIMITED SUBLETTING IS ALLOWED AFTER ONE YEAR OF OWNERSHIP. There is NO flip tax, and the storage/bike room in the basement is free for shareholders.
240 East 55th Street is a well-managed co-op located off Second Avenue nestled between residential Sutton Place and the East Midtown business district on Third Avenue. Residents enjoy the convenience and luxury of great restaurants, supermarkets, fitness centers, and specialty stores, as well as close proximity to several subway and bus lines. Central Park and the new East River Promenade is a short bike ride or jog away.
Building Details for 240 East 55th Street
OwnershipCo-op
Building TypeMid-Rise
Service LevelPart-Time Doorman
AgePost-War
AccessElevator
Year Built1959
Financing Allowed75%
Floors/Apts14/96
Transit and Citi Bike
Subway
Lexington Av/53 St
0.11 miles
51 St
0.26 miles
59 St
0.31 miles
Lexington Av/59 St
0.32 miles
5 Av/53 St
0.45 miles
Railroad
Grand CentralLong Island Rail Road
0.48 miles
Citi Bike
E 55 St & 2 Ave
0.05 miles
E 56 St & 3 Ave
0.09 miles
Turtle Bay | Manhattan
Quick Profile
Turtle Bay is best known for hosting the world’s dignitaries at United Nations once a year as the world institution sits on the eastern edge of the neighborhood along the East River.
But this midtown location offers a lot more, a bustling neighborhood teeming with high-rise apartment buildings and an easy walk to the Midtown business district.
Over the past two decades, developers have assembled almost every corner development site along Second Avenue and have built straight up. Not much left to assemble.
Some of the more glamorous, and of course most expensive, addresses are in close proximity to the United Nations. Trump World Tower, which caused a big stir with area residents, in particular, Walter Cronkite, when it was built sits just north of the United Nations Grounds.
In contrast to the proliferation of the residential highrise, Turtle Bay does have some lovely tree-lined streets between the avenues. In particular, Turtle Bay Gardens, which fronts both 48th Street and 49th Street between Third and Second Avenue has always been a haven for the rich and famous.
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: 2121728
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