305 East 40th Street #14-O, New York City, NY 10016
Listing Courtesy of Find Properties
$749,000
Potential Rebate: $11,235
Overview
Murray Hill Gem: Bright, Convertible 2-Bedroom in the heart of Midtown East <br><br>Discover this bright and spacious apartment, currently configured as a two-bedroom in Midtown East. The primary bedroom enjoys southern exposure and features a generous closet space, including a walk-in closet. It can easily accommodate a queen-size bed and offers outdoor space off of window. The second bedroom is ideal for a home office or guest room. The open kitchen features granite countertops and sleek LG stainless steel appliances, including a dishwasher. Additional features include a marble bathroom and abundant closet space throughout the apartment. <br><br>The Building offers a full-time doorman, a live-in superintendent, a beautifully landscaped roof deck with panoramic views, a bike room, and a garage. Residents enjoy a friendly and attentive living experience.<br><br>The Hamilton is a full-service co-op building with strong financials, low common charges, and no flip tax. Guarantors, co-purchasing, pied-a-terre, gifting, and subletting are allowed with board approval. <br><br>Located just moments from Grand Central Station, major office headquarters, cultural landmarks—including the United Nations and Tudor City Park—this home is perfectly positioned for both convenience and lifestyle. <br>Explore the vibrant surroundings, where you'll discover an array of top-notch dining options, delightful shopping, and the scenic East River Greenway, ideal for biking or strolls.
Home Features
- •Central Air
- •Common Area
- •Building Storage
- •Building Roof Deck
- •Dining Area
- •New Windows
- •City
- •River
Estimated Monthly Payment
$5,294 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$11,235
Monthly savings impact
$31/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. 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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Find Properties
Data Source: TRESTLE #RLS20058126
Price Analysis
Compare average listing prices and value metrics for 305 East 40th Street against the surrounding Tudor City market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
87.79% Higher
than the Tudor City price average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Tudor City.
Tudor City
Overview of Tudor City
Tudor City is a neo-Gothic masterpiece perched on a cliff overlooking the East River. Built in the 1920s as the first skyscraper residential complex in the world, it is a self-contained enclave of brick towers, private parks, and immense quiet. For buyers seeking Tudor City Manhattan real estate, it offers historic charm and affordability in the heart of Midtown East.
Living in Tudor City is like living in a castle. The complex is separated from the busy streets by 42nd Street's elevation change. As a distinct Manhattan NYC neighborhood, it serves as a peaceful retreat for UN diplomats and professionals who want to walk to work but sleep in silence.
Real Estate & Housing Market
The market for homes for sale in Tudor City consists largely of studio and one-bedroom co-ops. The apartments are known for their casement windows, pre-war details, and famously compact "efficiency" layouts.
Prices are often lower than surrounding Midtown because of the smaller square footage, making it one of the best entry-level markets for first-time buyers wanting a prime location.
Lifestyle & Community
The lifestyle in Tudor City revolves around the two private parks (Tudor City Greens) that form the heart of the complex. It is a place for reading on a bench and enjoying the manicured gardens.
The community is respectful and international. Due to its proximity to the United Nations across First Avenue, many residents are diplomats or global workers, creating a sophisticated, multilingual atmosphere.
Transportation & Accessibility
Tudor City is surprisingly central. It is a short walk to Grand Central Terminal, providing access to the 4, 5, 6, 7, and S trains, as well as Metro-North.
While nestled away, it is minutes from the bustle of 42nd Street, making it easy to catch a taxi or cross the island.
Parks, Schools & Amenities
The Tudor City Greens are privately maintained parks open to the public during the day but cherished by residents. They are immaculate and quiet.
Amenities are convenient but minimal within the enclave itself—a post office, a dry cleaner, and a cafe. However, all of Midtown East's dining and shopping is just a staircase away.
Who This Neighborhood Is Best For
Tudor City is best for first-time buyers, UN employees, and pied-à-terre seekers who want a historic, quiet address in the middle of everything.
