--- title: "402 West 40th Street, New York City, NY 10018" description: "402 West 40th Street, New York City, NY 10018 — Multi Family Home in Hell's Kitchen, Manhattan, NY. Listing Price $2,999,000. Price Reduced: Reduced $296,000 (9%) from $3,295,000 on November 9, 2026. 2 bed, 1.5 bath, 4,337 sqft Illustrative Buyer Commission Share of $44,985 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10018/402-west-40th-street-ny-10018" source: "Real Estate Rebate Team" dateModified: "2026-11-09T16:41:31.189Z" status: "Active" --- # 402 West 40th Street, New York City, NY 10018 Multi Family Home in Hell's Kitchen, Manhattan, NY Listing Courtesy of Fischer Group Realty LLC Listing updated: Nov 9, 2026, 11:02 AM ET Page updated: November 9, 2026, 11:41 AM ET ## At a Glance - **Listing Price**: $2,999,000 - **Price Reduced**: Reduced $296,000 (9%) from $3,295,000 on November 9, 2026 - **Beds**: 2 - **Baths**: 1.5 - **Sqft**: 4,337 - **Monthly Taxes**: $1,947 / mo - **Price per Sqft**: $691 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares up to 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**: $2,999,000 - **Illustrative Buyer Commission Share**: -$44,985* - **Illustrative Net Cost**: $2,954,015 *Illustrative Buyer Savings of $44,985 — 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) ![402 West 40th Street, New York City, NY 10018 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a919408e-5e33-4bff-acfe-63903b941e5f.jpg) ![402 West 40th Street, New York City, NY 10018 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4521112d-bab9-4f27-b7ef-5a9947783667.jpg) ![402 West 40th Street, New York City, NY 10018 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1eab7e55-8484-4331-a15d-5e8157426896.jpg) ![402 West 40th Street, New York City, NY 10018 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b07c73ec-ff5d-40ff-8edc-7f6225ff66a4.jpg) ![402 West 40th Street, New York City, NY 10018 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8471e795-c204-4128-8d1d-6860bbf39546.jpg) ![402 West 40th Street, New York City, NY 10018 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dc9926c0-3e61-4de9-b279-d2af6e2203d1.jpg) ![402 West 40th Street, New York City, NY 10018 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c4c5f187-add1-4c56-8dd4-73d955e8adad.jpg) ![402 West 40th Street, New York City, NY 10018 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/145da4fc-527a-44b2-b8cc-08d6c95841e1.jpg) ![402 West 40th Street, New York City, NY 10018 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9c83400b-eeed-4719-a0bb-fb9cf11e9f67.jpg) ![402 West 40th Street, New York City, NY 10018 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/283e1eac-2cda-4438-be44-92f79b94e3c3.jpg) ## Property Description A Midtown West asset with redevelopment and value-add potential! 402 West 40th Street is positioned between Ninth and Tenth Avenues,just steps from Times Square, Hudson Yards and the Port Authority Bus Terminal. Currently configured as one ground-floor commercial unit an done residential unit above, the property totals approximately 4,337square feet and offers significant redevelopment and value-add potential in one of Manhattan's highest-density corridors. ## Property Details - **Property Type**: Multi Family - **Beds**: 2 - **Baths**: 1.5 - **Rooms**: 5 - **Sqft**: 4,337 sqft - **Stories**: 3 - **Year Built**: 1917 - **Price per Sqft**: $691 - **Monthly Taxes**: $1,947 / mo - **Listed On**: Jul 13, 2026 - **Days on Market**: 122 Days ### Residence Features - See Remarks ## Estimated Monthly Payment **$17,112 / month**, assuming a 20% down payment ($599,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $15,165 - **Property Taxes**: $1,947 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Price and Property History for 402 West 40th Street Review the recorded listing activity for 402 West 40th Street, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $296,000, or 9%, on November 9, 2026 - **Originally listed**: July 13, 2026 at $3,295,000 - **Current asking price**: $2,999,000 | Date | Price | Listing event | | --- | --- | --- | | November 9, 2026 | $2,999,000 | Asking price reduced by $296,000, or 9% | | July 13, 2026 | $3,295,000 | Listed for sale by Fischer Group Realty LLC | ## About The Building ### 402 West 40th Street 402 West 40th Street, New York, NY 10018 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1917 - **Active Units**: 1 - **Floors**: 3 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/402-west-40th-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10018/402-west-40th-street-ny-10018) | 2 | 1.5 | 4,337 sqft | $691 | $2,999,000 (-9.0%) | Fischer Group Realty LLC | Jul 13, 2026 | 122 days | ## Hell's Kitchen Restaurant Row & Nightlife [Explore Hell's Kitchen](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hell-s-kitchen) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Hell's Kitchen - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) - [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) - [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) - [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) ## Related Links - [402 West 40th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/402-west-40th-street) - [Hell's Kitchen neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hell-s-kitchen) - [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 LLC. 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.