--- title: "540 West 49th Street #405S, New York City, NY 10019" description: "540 West 49th Street #405S, New York City, NY 10019 — Hell's Kitchen, New York City, NY. Listing Price $699,000. Studio bed, 1 bath, 577 sqft Illustrative Buyer Commission Share of $10,485 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/540-west-49th-street-405s-ny-10019" source: "Real Estate Rebate Team" dateModified: "2026-09-12T19:49:01.814Z" status: "Active" --- # 540 West 49th Street #405S, New York City, NY 10019 Hell's Kitchen, New York City, NY Courtesy of Compass Last updated: September 12, 2026, 3:49 PM ## At a Glance - **Listing Price**: $699,000 - **Beds**: Studio - **Baths**: 1 - **Sqft**: 577 - **Common Charges**: $900 / mo - **Monthly Taxes**: $746 / mo - **Price per Sqft**: $1,211 - **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**: $699,000 - **Illustrative Buyer Commission Share**: -$10,485* - **Illustrative Net Cost**: $688,515 *Illustrative Buyer Savings of $10,485 — 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) ![540 West 49th Street #405S, New York City, NY 10019 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b3e5bfe3-c109-46f8-87b7-f3c9d362aa1e.jpg) ![540 West 49th Street #405S, New York City, NY 10019 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e78b6d80-3623-417b-9fba-bf4dbf8d72d2.gif) ![540 West 49th Street #405S, New York City, NY 10019 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1c4e6687-c5f1-4467-902d-dc2b026e62b4.jpg) ![540 West 49th Street #405S, New York City, NY 10019 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4c6698bd-8348-453b-88d8-d938e148edcf.jpg) ![540 West 49th Street #405S, New York City, NY 10019 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1bd21965-1fc2-49d9-9cde-e7aa88dae5b1.jpg) ![540 West 49th Street #405S, New York City, NY 10019 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8c3183a4-3aab-437a-ba1e-ad91cd4444f0.jpg) ![540 West 49th Street #405S, New York City, NY 10019 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f0cc72ea-3ae2-42ab-9ff6-b1de39343d10.jpg) ![540 West 49th Street #405S, New York City, NY 10019 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f547c819-0f99-48c1-9311-39e3b30ceee8.jpg) ![540 West 49th Street #405S, New York City, NY 10019 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f0203b4a-f59e-46f0-a48b-1e2f9e75e0ef.jpg) ![540 West 49th Street #405S, New York City, NY 10019 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a1811240-5c22-42ff-8889-bba01b4a548b.jpg) ## Property Overview Welcome to Residence 405S at 540WEST - a beautifully designed 577 SF loft-style studio offering soaring 10’ ceilings, wide-plank white oak floors, floor-to-ceiling south-facing windows, central air, and an in-unit washer/dryer. A gracious foyer sets the tone as you enter the home, creating a true sense of arrival. Just off the hallway is a large storage closet with a washer/dryer tucked neatly inside. The sleek Pullman kitchen is outfitted with Silverstone quartz countertops, imported Italian cabinetry, a Bertazzoni gas range and oven, an ultra-quiet integrated dishwasher, and a Liebherr refrigerator—perfect for both everyday cooking and entertaining. The expansive main living area easily accommodates distinct zones for dining, lounging, sleeping, and even a home office. Built-in closets on the left provide excellent storage, while the massive south-facing windows bathe the entire space in natural light. Double-paned glass ensures exceptional tranquility. The spa-like bathroom features a floor-to-ceiling glass shower with both rain-head and handheld fixtures, a floating vanity, imported Italian porcelain tile, and heated floors for year-round comfort. The home is complete with individually controlled central heating and cooling. 540WEST is a full-service boutique condominium in the heart of Hell’s Kitchen. This unique two-tower, seven-story development is centered around a stunning 6,000 SF landscaped courtyard - complete with lounge areas, dining spaces, a reflection pool, and open-air movie nights. Building amenities include a 24-hour attended lobby with a fireplace and intimate lounge, a fitness center, two beautifully landscaped roof decks with BBQ grills, a pet spa, bike storage, and more. Perfectly positioned near the neighborhood’s best dining on 9th and 10th Avenues, moments from Columbus Circle and Central Park, the Hudson River Greenway, and multiple subway lines (1/A/C/E/B/D/R), this location offers both convenience and lifestyle. Residence 405S delivers style, light, and luxury living in one of Manhattan’s most vibrant neighborhoods. ## Property Details - **Property Type**: Condominium - **Baths**: 1 - **Rooms**: 3 - **Sqft**: 577 sqft - **Stories**: 7 - **Year Built**: 2015 - **Price per Sqft**: $1,211 - **Common Charges**: $900.03 / Monthly - **Monthly Taxes**: $746 / mo - **Listed On**: Sep 12, 2026 - **Days on Market**: 1 Days ### Residence Features - Central Air - Building Washer Dryer Install Allowed - In Unit - Building Roof Deck - Built-in Features - Hardwood ## Sales Evidence ### Recent closed sales 14 apartments at 540 West have recorded sales since September 2021, the most recent for $1,180,000 in September 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | [406-N](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/540-west-49th-street--n-406N-ny-10019) (Apartment) | 2 | 1,157 | $1,180,000 | $1,020/ft² | September 2, 2026 | MLS | | [608N](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/540-west-49th-street-608n-ny-10019) (Apartment) | 1 | 801 | $960,000 | $1,199/ft² | August 27, 2026 | MLS | | [PH3N](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/540-west-49th-street-ph3n-PH3N-ny-10019) (Apartment) | 2 | 1,336 | $1,915,000 | $1,433/ft² | August 7, 2026 | MLS | | [306S](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/540-west-49th-street-s-306S-ny-10019) (Apartment) | 1 | — | $850,000 | — | July 14, 2026 | MLS | | 503N (Apartment) | 2 | 997 | $1,250,000 | $1,254/ft² | January 28, 2026 | City record | | PH6N (Duplex) | 2 | 1,346 | $2,000,000 | $1,486/ft² | December 12, 2025 | City record · MLS | | 410N (Apartment) | Studio | 533 | $680,000 | $1,276/ft² | October 31, 2025 | City record · MLS | | 407-N (Apartment) | Studio | 507 | $640,000 | $1,262/ft² | October 9, 2025 | City record · MLS | | 206S (Apartment) | 1 | 669 | $885,000 | $1,323/ft² | December 30, 2024 | City record · MLS | | 401N (Apartment) | 2 | 1,206 | $1,220,000 | $1,012/ft² | August 12, 2024 | City record · MLS | | 203-N (Apartment) | 1 | 750 | $935,000 | $1,247/ft² | September 28, 2023 | City record · MLS | | 301S (Apartment) | 2 | 1,215 | $1,350,000 | $1,111/ft² | August 29, 2023 | City record · MLS | | 403N (Apartment) | 2 | — | $1,325,000 | — | May 25, 2022 | City record · MLS | | 308S (Apartment) | 2 | — | $1,475,000 | — | November 23, 2021 | 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 condo studio sales in Hell's Kitchen is $636,250, based on 68 sales between October 2024 and August 2026. This home is asking $699,000, $62,750 above that median. The middle half of those sales closed between $565,500 and $702,984. - **Median closed price**: $636,250 - **Middle half**: $565,500 – $702,984 - **Based on**: 68 condo studio sales in Hell's Kitchen - **Period**: October 2024 – August 2026 - **Median $/ft²**: $1,315/ft² Across the 53 of these sales with a published asking price, the median closed at 96.6% of what it originally asked. 83% 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 Hell's Kitchen instead. ### How these sales were negotiated - **Sold vs original ask**: 96.6% of the original ask - **Closed below ask**: 83% of 53 sales - **Listed → in contract**: 82 days (about 12 weeks) - **In contract → closed**: 49 days (about 7 weeks) Across the 53 of these sales with a published asking price, the median closed at 96.6% of what it originally asked. 83% of them closed below the original ask. Half of these homes were in contract within 82 days (about 12 weeks) of coming to market, based on the 54 with a recorded listing date. Once a deal was agreed, closing took a further 49 days (about 7 weeks), based on the 54 with both dates recorded. 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 68 condo studio sales in Hell's Kitchen, October 2024 – August 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median price per square foot for sales at 540 West, 2017 to 2026. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year. | Year | Median $/ft² | Sales | | --- | --- | --- | | 2017 | $1,583/ft² | 4 (thin) | | 2021 | $1,199/ft² | 5 | | 2025 | $1,276/ft² | 3 (thin) | | 2026 | $1,199/ft² | 4 (thin) | Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning. 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 540 West](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/540-west) ## Price and Property History for 540 West 49th Street, Unit 405S Review the recorded listing activity for 540 West 49th Street, Unit 405S, including asking-price changes and prior market dates. - **Last sold (recorded)**: $818,000 on June 6, 2019 | Date | Price | Listing event | | --- | --- | --- | | June 6, 2019 | $818,000 | Sold — recorded sale price | | April 1, 2019 | $850,000 | Entered contract | | December 24, 2018 | $850,000 | Listed for sale by Elliman | ## About The Building ### 540 West Hell's Kitchen · Condominium 540 West 49th Street, New York, NY 10019 A building in Hell's Kitchen, currently featuring 11 active listings. - **Year Built**: 2014 - **Total Units**: 11 - **Floors**: 7 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/540-west) ### Available Residences — For Sale (11) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [405S](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/540-west-49th-street-405s-ny-10019) | Studio | 1 | 577 sqft | $1,211 | $699,000 | Compass | Sep 12, 2026 | 1 days | | [601N](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10019/540-west-49th-street-n-601N-ny-10019) | 2 | 2 | 1,206 sqft | $1,157 | $1,395,000 (-12.5%) | Elliman | Jun 10, 2020 | 2,286 days | | [506N](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/540-west-49th-street-506n-ny-10019) | 2 | 2 | — | — | $1,175,000 (-4.1%) | Douglas Elliman Real Estate | Aug 13, 2025 | 396 days | | [306S](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/540-west-49th-street-s-306S-ny-10019) | 1 | 1 | — | — | $850,000 | Compass | Jan 8, 2026 | 248 days | | [509-N](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10019/540-west-49th-street--n-509N-ny-10019) | Studio | 1 | 501 sqft | $1,337 | $670,000 (-0.7%) | Nest Seekers LLC | Mar 11, 2026 | 186 days | | [PH3N](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/540-west-49th-street-ph3n-PH3N-ny-10019) | 2 | 2 | 1,336 sqft | $1,433 | $1,915,000 (-4.0%) | Compass | Mar 17, 2026 | 180 days | | [609N](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/540-west-49th-street-n-609N-ny-10019) | Studio | 1 | 501 sqft | $1,257 | $630,000 (-7.4%) — In contract | Compass | Mar 23, 2026 | 174 days | | [608N](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/540-west-49th-street-608n-ny-10019) | 1 | 1 | 801 sqft | $1,199 | $960,000 (-3.5%) | Compass | Jun 4, 2026 | 101 days | | [505S](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/540-west-49th-street-s-505S-ny-10019) | Studio | 1 | 577 sqft | $1,161 | $670,000 | Leven Real Estate | Jun 5, 2026 | 100 days | | [101S](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/540-west-49th-street-101s-ny-10019) | 1 | 1 | 779 sqft | $1,154 | $899,000 | Corcoran Group | Sep 9, 2026 | 4 days | | [105n](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/540-west-49th-street-n-105N-ny-10019) | 1 | 1 | 1,100 sqft | $1,000 | $1,100,000 | Living New York | Sep 4, 2026 | 9 days | ## Estimated Monthly Payment **$5,181 / month**, assuming a 20% down payment ($139,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $3,535 - **Property Taxes**: $746 - **Common Charges**: $900 Estimates only. Actual payments may vary. Confirm terms with your lender. ## 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 - [540 West — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/540-west) - [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. 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.