---
title: "540 West 49th Street #601N, New York City, NY 10019"
description: "540 West 49th Street #601N, New York City, NY 10019 — Single Family Brownstone in MIDTOWN, Manhattan, NY. Last Sold Price $1,395,000. Sold on 3/2/2121. 2 bed, 2 bath, 1,206 sqft"
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/540-west-49th-street-n-601N-ny-10019"
source: "Real Estate Rebate Team"
status: "Closed"
---

# 540 West 49th Street #601N, New York City, NY 10019

Single Family Brownstone in MIDTOWN, Manhattan, NY

**New Development**

Courtesy of Elliman

## At a Glance

- **Last Sold Price**: $1,395,000
- **Status**: Sold on 3/2/2121
- **Beds**: 2
- **Baths**: 2
- **Sqft**: 1,206
- **Common Charges**: $1,437 / mo
- **Monthly Taxes**: $1,416 / mo
- **Price per Sqft**: $1,157
- **Brokerage Fee**: Share Eligible

This listing was successfully closed and is no longer active on the market.

[Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

## Photos (2)

![540 West 49th Street #601N, New York City, NY 10019 — photo 1 of 2](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bb1788b3-e4d0-403b-9c92-5a263eb99c7c.jpg)
![540 West 49th Street #601N, New York City, NY 10019 — photo 2 of 2](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/05346cbb-c25f-4970-80d3-ee48f2f2f970.jpg)

## Property Overview

Residence 601-N at 540West is a 2 bedroom, 2 full bathroom contemporary home with wide-plank white oak floors and floor-to-ceiling windows, flooded with natural sunlight throughout the day. The expansive great room is a generous space with a living/dining area and open chef's kitchen with Bertazzoni and Liebherr appliances. The split bedrooms offer generous closet space and floor-to-ceiling windows, framing beautiful views of the neighboring historic buildings. The Main Suite features abundant closet space and a beautiful generously proportioned en-suite bathroom with double vanity, separate shower and deep soaking tub. The apartment features a washer dryer in the home, as well as ample storage space throughout. 540West is located in the heart of Hell's Kitchen, one of the most dynamic neighborhoods in New York City. This New Development is constructed with a glass and steel façade adding a new element to this historic neighborhood graced with brownstones and tree-lined streets. 540West is a short distance to Central Park, Rockefeller Center, Lincoln Center, Times Square and the Hudson River Park. Additionally, the building is located within minutes from countless restaurants, cafes, theatres and lounges. Building amenities include doorman, bike room, fitness center, live-in-super, garden, beautiful expansive roof-deck and available storage. 421a tax abatement ending June 30, 2027.

## Property Details

- **Property Type**: Condominium
- **Beds**: 2
- **Baths**: 2
- **Rooms**: 5
- **Sqft**: 1,206 sqft
- **Stories**: 7
- **Year Built**: 2014
- **Price per Sqft**: $1,157
- **Common Charges**: $1,437 / Monthly
- **Monthly Taxes**: $1,416 / mo
- **Listed On**: Jun 10, 2020
- **Days on Market**: 2280 Days

### Residence Features

- Building Washer Dryer Install Allowed
- Dryer
- Washer

## Buying in a new development?

Before you visit the sales gallery, understand the broker registration rule. In many buildings the sponsor will only compensate a buyer’s broker who accompanied you on your first visit or registered you in writing beforehand. The sales team you meet at the door works for the developer, and once you have toured on your own that introduction is very hard to undo.

[Why You Need Your Own Broker Before Your First Visit](https://realestaterebatesnewyork.com/guides/new-development-buyer-broker-nyc)

## 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 two-bedroom sales at 540 West is $1,337,500, based on 6 sales between November 2021 and January 2026. This home is asking $1,395,000, $57,500 above that median. The middle half of those sales closed between $1,268,750 and $1,443,750.

- **Median closed price**: $1,337,500
- **Middle half**: $1,268,750 – $1,443,750
- **Based on**: 6 two-bedroom sales at 540 West
- **Period**: November 2021 – January 2026
- **Median $/ft²**: $1,182/ft²

Across the 5 of these sales with a published asking price, the median closed at 92% of what it originally asked. 80% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 92% of the original ask
- **Closed below ask**: 80% of 5 sales
- **Listed → in contract**: 101 days (about 14 weeks)
- **In contract → closed**: 54 days (about 8 weeks)

Across the 5 of these sales with a published asking price, the median closed at 92% of what it originally asked. 80% of them closed below the original ask.

Half of these homes were in contract within 101 days (about 14 weeks) of coming to market, based on the 4 with a recorded listing date.

Once a deal was agreed, closing took a further 54 days (about 8 weeks), based on the 4 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 6 two-bedroom sales at 540 West, November 2021 – January 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 601N

Review the recorded listing activity for 540 West 49th Street, Unit 601N, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $200,000, or 12.5%, on February 5, 2021
- **Originally listed**: June 10, 2020 at $1,595,000

| Date | Price | Listing event |
| --- | --- | --- |
| February 5, 2021 | $1,395,000 | Asking price reduced by $200,000, or 12.5% |
| November 17, 2020 | $1,395,000 | Entered contract |
| June 10, 2020 | $1,595,000 | Listed for sale by Elliman |
| July 13, 2015 | — | Sold |
| October 30, 2013 | $1,995,000 | Listed for sale by Halstead dba Brown Harris Stevens Residential Sales LLC |

## Property Tax History

Taxes at 540 West 49th Street #601N were $24,354 in 2026, down 0.2% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $258,432 | $88,887 | $169,545 | $241,019 | $24,354 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $264,498 | $88,887 | $175,611 | $241,384 | $24,391 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $248,787 | $88,887 | $159,900 | $239,383 | $18,459 | 12.5% |
| 2023 (FY 2023/24) | $241,873 | $88,887 | $152,986 | $238,038 | $18,361 | 12.502% |
| 2022 (FY 2022/23) | $232,102 | $88,887 | $143,215 | $232,102 | $16,411 | 12.267% |
| 2021 (FY 2021/22) | $232,102 | $88,887 | $143,215 | $231,359 | $16,628 | 12.235% |
| 2020 (FY 2020/21) | $257,918 | $88,887 | $169,031 | $230,588 | $16,918 | 12.267% |
| 2019 (FY 2019/20) | $258,056 | $88,887 | $169,169 | $224,682 | $16,802 | 12.473% |
| 2018 (FY 2018/19) | $262,113 | $88,887 | $173,226 | $213,481 | $15,907 | 12.612% |
| 2017 (FY 2017/18) | $231,690 | $88,887 | $142,803 | $192,588 | $13,708 | 12.719% |
| 2016 (FY 2016/17) | $212,387 | $88,887 | $123,500 | $174,898 | $11,933 | 12.892% |
| 2015 (FY 2015/16) | $55,791 | $40,226 | $15,565 | $32,390 | $1,301 | 12.883% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 1010771046. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## 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 9 active listings.

- **Year Built**: 2014
- **Total Units**: 9
- **Floors**: 7

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/540-west)

### Available Residences — For Sale (9)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [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 | 2,279 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 | 389 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 | 241 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 | 179 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 | 173 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%) | Compass | Mar 23, 2026 | 167 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 | 94 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 | 93 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 | 2 days |

## Estimated Monthly Payment

**$9,907 / month**, assuming a 20% down payment ($279,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $7,054
- **Property Taxes**: $1,416
- **Common Charges**: $1,437

Estimates only. Actual payments may vary. Confirm terms with your lender.

## This is a new development purchase

Buying from a sponsor carries closing costs a resale does not. The New York City and New York State transfer taxes are the seller’s in a resale and are passed to the purchaser in most offering plans, and the sponsor’s attorney fee and any working capital contribution sit on top of that. Together they commonly add 2% or more of the purchase price.

- [Estimate these costs](https://realestaterebatesnewyork.com/calculators/new-development-closing-cost-calculator)
- [What sponsor buyers pay](https://realestaterebatesnewyork.com/new-development-closing-costs-nyc)
- [More new developments](https://realestaterebatesnewyork.com/new-developments)

## Midtown

The Center of the World

[Explore Midtown](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby MIDTOWN

- [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill)
- [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district)
- [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [Hells Kitchen real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hells-kitchen)
- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea)

## Related Links

- [540 West — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/540-west)
- [Midtown neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)
- [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.