--- title: "40 West 17th Street #5A, New York City, NY 10011" description: "40 West 17th Street #5A, New York City, NY 10011 — Flatiron, New York City, NY. Listing Price $2,350,000. 2 bed, 2 bath Illustrative Buyer Commission Share of $35,250 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/40-west-17th-street-5a-ny-10011" source: "Real Estate Rebate Team" dateModified: "2026-10-06T23:21:13.252Z" status: "Active" --- # 40 West 17th Street #5A, New York City, NY 10011 Flatiron, New York City, NY Courtesy of Compass Last updated: October 6, 2026, 7:21 PM ## At a Glance - **Listing Price**: $2,350,000 - **Beds**: 2 - **Baths**: 2 - **Common Charges**: $3,249 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $2,350,000 - **Illustrative Buyer Commission Share**: -$35,250* - **Illustrative Net Cost**: $2,314,750 *Illustrative Buyer Savings of $35,250 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (9) ![40 West 17th Street #5A, New York City, NY 10011 — photo 1 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f1d02ff0-ed91-4f82-a80f-6a0aff3b15c3.jpg) ![40 West 17th Street #5A, New York City, NY 10011 — photo 2 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5af83e2d-8702-4599-8764-b5ed3d9caf97.jpg) ![40 West 17th Street #5A, New York City, NY 10011 — photo 3 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/40b49449-57f2-440f-9361-9527f8672108.jpg) ![40 West 17th Street #5A, New York City, NY 10011 — photo 4 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/98366187-d5cd-4fc3-953d-b5bc78c2c34c.jpg) ![40 West 17th Street #5A, New York City, NY 10011 — photo 5 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/17d6efa6-c98a-4645-b949-d4201455b767.jpg) ![40 West 17th Street #5A, New York City, NY 10011 — photo 6 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1955627f-96eb-4562-9697-fe8122ef5bd7.png) ![40 West 17th Street #5A, New York City, NY 10011 — photo 7 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7924c740-f403-4e34-9f70-cf8592f21cc3.png) ![40 West 17th Street #5A, New York City, NY 10011 — photo 8 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b38ba018-282d-4679-ab23-ad4770e92b63.png) ![40 West 17th Street #5A, New York City, NY 10011 — photo 9 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0704c0f7-92a9-4c9d-9910-52701db9c070.png) ## Property Overview The Collective Team presents Residence 5A at 40-42 West 17th Street, a true classic Flatiron loft with two bedrooms, two baths and a home office. Step inside and the scale takes over. Soaring 11'2" ceilings, exposed beams and a sweeping wall of oversized windows with original ornamental iron railings frame a dramatic living and dining room, made for entertaining, gallery walls and long dinners. Hardwood floors run throughout. The kitchen comes equipped with a gas range, a French-door refrigerator, a dishwasher and maple cabinetry. The two bedrooms sit on opposite sides of the living room for true privacy, and each has its own closet. A separate home office gives you room to work, create or unwind, and the second bath includes an in-unit washer/dryer. The building is a boutique 1910 cooperative with just 21 residences. Its Beaux-Arts facade sits in the heart of the Ladies' Mile Historic District, the storied stretch once lined with New York's grandest department stores. Residents enjoy an elevator and a common roof deck, along with rare flexibility. Subject to board approval, the building allows unlimited subletting, pets, pieds-à-terre, co-purchasing, and parents buying for their children. You're steps from Union Square's Greenmarket, Madison Square Park, Eataly and the best of Chelsea and the Flatiron District. Transit couldn't be easier, with the F, M, L, N, Q, R, W, 4, 5 and 6 trains all moments away, plus the PATH. ## Property Details - **Property Type**: Co-op - **Beds**: 2 - **Baths**: 2 - **Rooms**: 5 - **Stories**: 12 - **Year Built**: 1910 - **Common Charges**: $3,249 / Monthly - **Listed On**: Oct 6, 2026 - **Days on Market**: 1 Days ### Residence Features - See Remarks - High Ceilings - Hardwood ## Estimated Monthly Payment **$15,132 / month**, assuming a 20% down payment ($470,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $11,883 - **Common Charges**: $3,249 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 2 apartments at 40 West 17th Street have recorded sales since October 2021, the most recent for $2,500,000 in June 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sold Price | Sold | Source | | --- | --- | --- | --- | --- | | 12A (Duplex) | 3 | $2,500,000 | June 30, 2026 | MLS | | 9A (Apartment) | 2 | $2,595,000 | July 21, 2025 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $2,350,000 - **Median sold price**: $1,902,500 - **Difference**: +$447,500 (+23.5%) - **Comparable sales**: 22 - **Sales from**: November 2024 – August 2026 - **Middle half of those sales**: $1,502,500 – $2,450,000 Based on co-op two-bedroom sales in Flatiron. Square footage is recorded for only 9 of these 22 sales (41%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Flatiron instead. ### How these sales were negotiated - **Sale-to-list price**: 96.7% (20 sales) - **Sold below asking**: 85% (20 sales) - **Typical time to find a buyer**: 76 days (22 sales) - **Typical time to close**: 84 days (22 sales) Based on co-op two-bedroom sales in Flatiron with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. ### Price trend Median sale price, co-op two-bedroom sales in Flatiron | Year | Median sold price | Sales | | --- | --- | --- | | 2018 | $1,400,000 | 15 | | 2019 | $1,490,436 | 14 | | 2021 | $1,517,500 | 20 | | 2022 | $1,668,096 | 16 | | 2023 | $1,600,000 | 13 | | 2024 | $1,585,000 | 14 | | 2025 | $2,150,000 | 15 | Based on recorded co-op two-bedroom sales in Flatiron. Sales data through August 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 40 West 17TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-west-17th-street) ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 21 apartments. The corporation’s 2026 property tax bill was $688,238 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for 40 West 17TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-west-17th-street) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 40 West 17th Street Flatiron · Stock Cooperative 40 West 17th Street, New York, NY 10011 A building in Flatiron, currently featuring 2 active listings. - **Year Built**: 1910 - **Active Units**: 2 - **Floors**: 12 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-west-17th-street) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/40-west-17th-street-5a-ny-10011) | 2 | 2 | — | — | $2,350,000 | Compass | Oct 6, 2026 | 1 days | | [3B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/40-west-17th-street-b-3B-ny-10011) | 3 | 2 | 2,400 sqft | $1,250 | $3,000,000 | Compass | Jul 10, 2026 | 89 days | | [PH12C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/40-west-17th-street-ph12c-PH12C-ny-10011) | 3 | 2 | — | — | $2,500,000 (-12.3%) — In contract | Compass | May 13, 2026 | 147 days | ## Potential NYC Second-Home Tax This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price. [Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator) ## Flatiron Overview of Flatiron [Explore Flatiron](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Flatiron - [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) - [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village) - [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town) ## Related Links - [40 West 17TH Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-west-17th-street) - [Flatiron neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > 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 and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.