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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.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10016
  6. 305 East 40th Street #2T
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Stock Cooperative•Tudor City

305 East 40th Street #2T, New York City, NY 10016

Listing Courtesy of Akam Sales & Brokerage Inc

$425,000

Potential Rebate: $6,375

Stock Cooperative
Studio
1 Bath
2 Rooms
394,086 sqft
Built 1963
21 Stories
1/ft²
Listed on Jul 23, 2025
177 days on market
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Overview

Move into the stunning, meticulously designed, brand-new, never-lived-in, renovated studio at The Hamilton Co-op. This unit is turn-key with the best of everything!
• Beautifully designed kitchen with a drop ceiling and recessed lighting, stone countertop, double refrigerator, and kitchen island perfect for dining and entertaining with Pendant Lighting
• Custom cabinetry, stainless steel appliances, and high-end finishes throughout.
• Luxurious spa-like bathroom with marble, accented by porcelain tiles, recessed lighting, and a half-shower glass door
• Wide plank floors for a sleek, warm, and stylish aesthetic
• Four windows for extra circulation
• New HVAC system
The Hamilton is a full-service cooperative with a 24-hour concierge and doorman, a spectacular landscaped roof deck, a bicycle room, and a common storage area. Pied-a-Terres, gifting, subletting, and co-purchasing are allowed. It is conveniently located near all major transportation, fine dining, and shopping options.
Sorry, dogs are not permitted.

Home Features

  • •Building In Basement
  • •Common On Floor
  • •In Basement
  • •Building Storage
  • •Building Roof Deck
  • •Den
  • •Elevator
  • •Kitchen Window

Estimated Monthly Payment

$3,050 per month

30 year fixed, 6.28% Interest

Principal and Interest
$2,100
Property Taxes
$0
Maintenance/Common Charges
$950

Estimated Rebate for this Home

One-time rebate at closing

$6,375

Monthly savings impact

$18/mo

Effective Purchase Price

$418,625

(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).

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 Akam Sales & Brokerage Inc

Data Source: TRESTLE #RLS20038802

RLS at REBNY

RLS at REBNY - Real Estate Board of New York Residential Listing Service

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Rebates Up To

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Listings

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 Akam Sales & Brokerage Inc

Data Source: TRESTLE #RLS20038802

RLS at REBNY

RLS at REBNY - Real Estate Board of New York Residential Listing Service

Price Analysis

Compare average listing prices and value metrics for 305 East 40th Street against the surrounding Tudor City market.

Based on 3 active units in building vs 6 in area

Average List Price

Building$543.0K
Neighborhood$423.7K

Price Per SqFt

Building Avg$485/ft²
Neighborhood Avg$616/ft²
Value Opportunity

21.32% Lower

than the Tudor City price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

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.
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