--- title: "40 West 17th Street #PH12C, New York City, NY 10011" description: "40 West 17th Street #PH12C, New York City, NY 10011 — Flatiron, New York City, NY. Listing Price $2,500,000. 3 bed, 2 bath Illustrative Buyer Commission Share of $37,500 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/40-west-17th-street-ph12c-PH12C-ny-10011" source: "Real Estate Rebate Team" status: "Active" --- # 40 West 17th Street #PH12C, New York City, NY 10011 Flatiron, New York City, NY Courtesy of Compass ## At a Glance - **Listing Price**: $2,500,000 - **Beds**: 3 - **Baths**: 2 - **Common Charges**: $3,482 / 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**: $2,500,000 - **Illustrative Buyer Commission Share**: -$37,500* - **Illustrative Net Cost**: $2,462,500 *Illustrative Buyer Savings of $37,500 — 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 (10) ![40 West 17th Street #PH12C, New York City, NY 10011 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ba67ef71-fc88-4f2f-8231-1eb7e12e6334.jpg) ![40 West 17th Street #PH12C, New York City, NY 10011 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/79e09c57-c62c-49fe-a3a3-26b60c40670a.jpg) ![40 West 17th Street #PH12C, New York City, NY 10011 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/50180346-9bc2-48a2-887c-1cb7aba1caa4.jpg) ![40 West 17th Street #PH12C, New York City, NY 10011 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6940b534-927b-4f1c-9745-11db54ad6580.jpg) ![40 West 17th Street #PH12C, New York City, NY 10011 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f95a47bc-ecf3-4fed-bc21-5a6caadc9688.jpg) ![40 West 17th Street #PH12C, New York City, NY 10011 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6a1f960e-278e-48f6-81cd-aeecbb773e4b.jpg) ![40 West 17th Street #PH12C, New York City, NY 10011 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4a548e99-0558-45e7-873e-44942c862971.jpg) ![40 West 17th Street #PH12C, New York City, NY 10011 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/aa4566b8-e64c-4ce2-8c8c-27535fc94d8d.jpg) ![40 West 17th Street #PH12C, New York City, NY 10011 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7ebd6d01-ca22-443f-a9bd-48ca9a47a0ea.jpg) ![40 West 17th Street #PH12C, New York City, NY 10011 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ae7b87ef-5944-46e3-bdb9-7ca9adc714e9.jpg) ## Property Overview Flatiron Penthouse Loft with Private Roof Deck and Incredible Views Welcome to this bright and airy 3-bedroom, 2-bath duplex loft perched atop a boutique co-op in the heart of the Flatiron District. This unique penthouse offers downtown views and stunning sunsets through oversized, 7-foot-tall windows in the expansive living room. The crown jewel, a massive private roof deck with panoramic, 360-degree views of Manhattan. With 10'4"ceilings on the main level, the home feels open and spacious. The primary suite features a skylit en-suite bathroom and generous built-out closets with 7'7" upper level ceiling heights. Additional highlights include in-unit washer/dryer, individually controlled heating and A/C (Friedrich units and Mitsubishi Split systems), individually controlled baseboard heating, keyed elevator entry, and a voice intercom system. Plus, three flexible bonus areas are ideal for a home office, study space, or creative studio. Located in the historic Ladies Mile District at the southern edge of Flatiron—just one block from Union Square—you’re surrounded by the best of downtown living. Chelsea, Greenwich Village, West Village, and Gramercy are all within walking distance. Major subway lines and the NJ PATH are moments away, offering easy access to the rest of the city and beyond. This intimate, pet-friendly co-op features 12 stories with only two residences per floor (three on the penthouse level) and a largely owner-occupied community with a liberal sublet policy. ## Property Details - **Property Type**: Co-op - **Beds**: 3 - **Baths**: 2 - **Rooms**: 6 - **Stories**: 12 - **Year Built**: 1910 - **Common Charges**: $3,482 / Monthly - **Listed On**: May 13, 2026 - **Days on Market**: 122 Days ### Residence Features - Central Air - Wall Unit(s) - Baseboard - Wall Furnace - Common On Floor - In Unit - See Remarks - Private Outdoor Space Over 60 Sqft - City ## Sales Evidence ### Recent closed sales 2 apartments at 40 West 17th Street have recorded sales since September 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 The median closed price for comparable co-op three-bedroom sales in Flatiron is $2,250,000, based on 3 sales between October 2024 and May 2026. This home is asking $2,500,000, $250,000 above that median. The middle half of those sales closed between $2,237,500 and $2,525,000. - **Median closed price**: $2,250,000 - **Middle half**: $2,237,500 – $2,525,000 - **Based on**: 3 co-op three-bedroom sales in Flatiron - **Period**: October 2024 – May 2026 Square footage is recorded for only 0 of these 3 sales (0%), 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. Across the 3 of these sales with a published asking price, the median closed at 85.7% of what it originally asked. 100% of them closed below the original ask. 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 - **Sold vs original ask**: 85.7% of the original ask - **Closed below ask**: 100% of 3 sales - **Listed → in contract**: 32 days (about 5 weeks) - **In contract → closed**: 48 days (about 7 weeks) Across the 3 of these sales with a published asking price, the median closed at 85.7% of what it originally asked. 100% of them closed below the original ask. Half of these homes were in contract within 32 days (about 5 weeks) of coming to market, based on the 3 with a recorded listing date. Once a deal was agreed, closing took a further 48 days (about 7 weeks), based on the 3 with both dates recorded. A co-op board package and its interview account for much of that. 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. Based on 3 co-op three-bedroom sales in Flatiron, October 2024 – May 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. 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) ## Price and Property History for 40 West 17th Street, Unit PH12C Review the recorded listing activity for 40 West 17th Street, Unit PH12C, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $350,000, or 12.3%, on July 6, 2026 - **Originally listed**: May 15, 2026 at $3,000,000 - **Current asking price**: $2,500,000 | Date | Price | Listing event | | --- | --- | --- | | July 6, 2026 | $2,500,000 | Returned to the market | | July 6, 2026 | $2,500,000 | Asking price reduced by $350,000, or 12.3% | | May 15, 2026 | $3,000,000 | Listed for sale by Compass | ## 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 - **Total Units**: 2 - **Floors**: 12 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-west-17th-street) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [PH12C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/40-west-17th-street-ph12c-PH12C-ny-10011) | 3 | 2 | — | — | $2,500,000 (-12.3%) | Compass | May 13, 2026 | 121 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 | 63 days | ## Estimated Monthly Payment **$16,123 / month**, assuming a 20% down payment ($500,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $12,641 - **Common Charges**: $3,482 Estimates only. Actual payments may vary. Confirm terms with your lender. ## 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.