250 East 40TH Street #21C, New York City, NY 10016
Listing Courtesy of Douglas Elliman Real Estate
$628,000
Potential Rebate: $9,420
Overview
<p> </p> <p>Spectacular High-Floor Condo Studio w/Balcony in Full-Service Building w/Pool</p> <p> </p> <p> OPEN HOUSES are BY APPOINTMENT ONLY</p> <p> Quiet and bright, this spacious 21st floor studio in a 24-hr. doorman condominium with a swimming pool makes for a perfect first home, pied-a-terre or investment property. </p> <p> This wonderful apartment features a gracious entry foyer preceding a large north-facing living room which easily accommodates living, dining, and sleeping areas plus a home office. The private balcony offers views of Tudor City and a peek of the East River. The spacious kitchen offers full size appliances, including brand-new range, dishwasher and microwave, incredible storage and plenty of counter-top workspace. With a large pass thru to the living room and a breakfast bar, the apartment is perfect for those who like to cook and entertain. </p> <p> Additional features of the home include a spacious updated limestone bathroom, an enormous closet as well as central heat & AC. </p> <p> If occupied as a primary residence and eligible for the NYC Cooperative and Condominium Abatement, the real estate taxes would be approx. $572/month. Please consult your attorney regarding the abatement and eligibility.</p> <p> There is a capital assessment of $65.22/mo.</p> <p> The Highpoint Condominium is a full-service, pet-friendly building with a 24-hour doorman, concierge, live-in superintendent, fitness center, central laundry room, bike storage and common storage room for suitcases. The fitness center features a 40-foot swimming pool, cardio equipment, weight training, a Jacuzzi, sauna, steam room and locker rooms as well as a children’s play area. The building does not permit certain breeds of dog.</p> <p> Residents of The Highpoint enjoy this convenient midtown location just a few blocks from One Vanderbilt & Grand Central Terminal. Superb public transportation includes the 4,5,6,7 train lines, select buses, Metro-North and the LIRR. Shopping and dining options abound including Ermina's (Westside Market), Grand Central Market, Amish Market East, Trader Joe’s, Fairway, & Dag Hammarskjold Green Market, as well as Daniel Boulud’s Le Pavillon, The Capitale Grill, Grand Central Oyster Bar, Smith & Wollensky and Madison & Vine among many others.</p> <p> All material presented herein is intended for information purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings should be verified by your own attorney, architect or zoning expert. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer. No representation is made as to the accuracy thereof, and such information is subject to errors, omission and change of price, rental, c ommission, prior sale, leasing, or withdrawal without notice.</p>
Home Features
- •Central Air
- •Building Courtyard
- •Balcony
- •Private Outdoor Space Under 60 Sqft
- •City Lights
- •City
Building Amenities
- •Sauna
Estimated Monthly Payment
$3,755 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$9,420
Monthly savings impact
$26/mo
Effective Purchase Price
$618,580
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
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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.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20043963
RLS at REBNY
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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.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20043963
RLS at REBNY
Price Analysis
Compare average listing prices and value metrics for The Highpoint against the surrounding Murray Hill market.
Average List Price
Price Per SqFt
6.44% Higher
than the Murray Hill price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Murray Hill.
