--- title: "40 East 74th Street #1, New York City, NY 10021" description: "40 East 74th Street #1, New York City, NY 10021 — Townhouse in Lenox Hill, Manhattan, NY. Listing Price $1,375,000. In contract 7/17/2026. 2 bed, 2 bath Illustrative Buyer Commission Share of $20,625 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10021/40-east-74th-street-1-ny-10021" source: "Real Estate Rebate Team" status: "Pending" --- # 40 East 74th Street #1, New York City, NY 10021 Townhouse in Lenox Hill, Manhattan, NY Courtesy of Serhant ## At a Glance - **Listing Price**: $1,375,000 - **Status**: In contract 7/17/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 2 - **Baths**: 2 - **Common Charges**: $4,061 / mo - **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**: $1,375,000 - **Illustrative Buyer Commission Share**: -$20,625* - **Illustrative Net Cost**: $1,354,375 *Illustrative Buyer Savings of $20,625 — 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) ![40 East 74th Street #1, New York City, NY 10021 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a1c246ac-e315-4e0e-8918-fb405a74a652.jpg) ![40 East 74th Street #1, New York City, NY 10021 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/32a6f2cc-84df-42c4-ae8a-fbbbe0812150.jpg) ![40 East 74th Street #1, New York City, NY 10021 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3debcbb4-a224-484c-9c63-d2685ead0a45.jpg) ![40 East 74th Street #1, New York City, NY 10021 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1641708c-3f17-4a7d-a88d-72cd4f482693.jpg) ![40 East 74th Street #1, New York City, NY 10021 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/24d3ac7d-e2c9-4752-bb40-be59f5965b7e.jpg) ![40 East 74th Street #1, New York City, NY 10021 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/517d8cb5-5475-40c7-874b-8919b1ce84a1.jpg) ![40 East 74th Street #1, New York City, NY 10021 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/243dbad7-95c8-4b0a-87ef-0033adeffd77.jpg) ![40 East 74th Street #1, New York City, NY 10021 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/118759a3-0769-4e45-bca4-5d540162881f.jpg) ![40 East 74th Street #1, New York City, NY 10021 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1469fb35-e6a1-4104-a451-5b0e656d936e.jpg) ![40 East 74th Street #1, New York City, NY 10021 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/216c8be3-09b7-4e92-a21b-60815df10753.jpg) ## Property Overview Townhouse Duplex Between Park and Madison. Welcome to 40 East 74th Street #1, a sprawling two level duplex tucked along one of the Upper East Side's most beautiful townhouse blocks between Park and Madison Avenues. Just moments from Central Park and surrounded by Madison Avenue boutiques, galleries, and iconic neighborhood destinations, this residence offers an exceptional blend of privacy, space, and location. The main level opens with a proper entry foyer and double closets, leading to a gracious west facing living and dining room. A curved wall of bow windows fills the space with warm afternoon light, while built in shelving, wood floors, and a wood burning fireplace create a classic and inviting setting. A newly added bar with wine refrigerator enhances the entertaining flow. Adjacent, the eat in kitchen features marble countertops, stainless steel appliances including a Sub Zero refrigerator, and a built in banquette with desk for casual dining and work from home flexibility. A secondary bedroom with a windowed en suite bath completes this level. The lower level functions as a full floor primary suite, offering exceptional scale and privacy. The suite includes multiple closets, a vanity area, recessed lighting, and space for a king sized layout. The windowed primary bathroom features a soaking tub and separate stall shower. Additional highlights include central air conditioning, excellent storage, shared laundry with convenient access, and a well maintained intimate cooperative. A rare opportunity to own a duplex on a prime Park to Madison block, offering exceptional scale and value at $1,375,000. The building is meticulous and professionally managed with an elevator and storage. ## Property Details - **Property Type**: Co-op - **Beds**: 2 - **Baths**: 2 - **Rooms**: 6 - **Stories**: 5 - **Year Built**: 1930 - **Common Charges**: $4,061 / Monthly - **Listed On**: Apr 22, 2026 - **Days on Market**: 145 Days ### Residence Features - Building In Basement - Garden - Private Outdoor Space Under 60 Sqft - Washer Dryer Allowed ## Sales Evidence ### Recent closed sales One apartment at 40 East 74th Street has a recorded sale since September 2021, the most recent for $1,100,000 in April 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Sold Price | Sold | Source | | --- | --- | --- | --- | | 2F (Apartment) | $1,100,000 | April 24, 2026 | City record | 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 co-op two-bedroom sales in Lenox Hill is $1,397,500, based on 322 sales between September 2024 and July 2026. This home is asking $1,375,000, $22,500 below that median. The middle half of those sales closed between $1,042,500 and $1,800,000. - **Median closed price**: $1,397,500 - **Middle half**: $1,042,500 – $1,800,000 - **Based on**: 322 co-op two-bedroom sales in Lenox Hill - **Period**: September 2024 – July 2026 Square footage is recorded for only 98 of these 322 sales (30%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. Across the 303 of these sales with a published asking price, the median closed at 96.2% of what it originally asked. 66% 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 Lenox Hill instead. ### How these sales were negotiated - **Sold vs original ask**: 96.2% of the original ask - **Closed below ask**: 66% of 303 sales - **Listed → in contract**: 81 days (about 12 weeks) - **In contract → closed**: 92 days (about 13 weeks) Across the 303 of these sales with a published asking price, the median closed at 96.2% of what it originally asked. 66% of them closed below the original ask. Half of these homes were in contract within 81 days (about 12 weeks) of coming to market, based on the 302 with a recorded listing date. Once a deal was agreed, closing took a further 92 days (about 13 weeks), based on the 306 with both dates recorded. A co-op board package and its interview account for much of that. 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 322 co-op two-bedroom sales in Lenox Hill, September 2024 – July 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for co-op two-bedroom sales in Lenox Hill, 2016 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2016 | $1,400,000 | 36 | | 2017 | $1,440,000 | 135 | | 2018 | $1,427,500 | 126 | | 2019 | $1,400,000 | 105 | | 2020 | $1,302,500 | 76 | | 2021 | $1,300,000 | 245 | | 2022 | $1,350,000 | 207 | | 2023 | $1,390,000 | 151 | | 2024 | $1,350,000 | 163 | | 2025 | $1,400,000 | 180 | | 2026 | $1,475,000 | 83 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Lenox Hill instead. 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 40 East 74TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-east-74th-street) ## Price and Property History for 40 East 74TH Street, Unit 1 Review the recorded listing activity for 40 East 74TH Street, Unit 1, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $50,000, or 3.5%, on May 29, 2026 - **Originally listed**: April 22, 2026 at $1,425,000 - **Entered contract**: July 17, 2026 - **Last sold**: $1,235,000 on June 23, 2021 | Date | Price | Listing event | | --- | --- | --- | | July 17, 2026 | $1,375,000 | Entered contract | | May 29, 2026 | $1,375,000 | Asking price reduced by $50,000, or 3.5% | | April 22, 2026 | $1,425,000 | Listed for sale by Serhant | | June 23, 2021 | $1,235,000 | Sold | | October 30, 2020 | $1,300,000 | Listed for sale by Brown Harris Stevens Residential Sales LLC | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 7 apartments. The corporation’s 2026 property tax bill was $159,570 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for 40 East 74TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-east-74th-street) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 40 East 74th Street Lenox Hill · Stock Cooperative 40 East 74th Street, New York, NY 10021 A building in Lenox Hill, currently featuring 1 active listing. - **Year Built**: 1930 - **Total Units**: 1 - **Floors**: 5 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-east-74th-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [1](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10021/40-east-74th-street-1-ny-10021) | 2 | 2 | — | — | $1,375,000 (-3.5%) — In contract | Serhant | Apr 22, 2026 | 144 days | ## Estimated Monthly Payment **$11,014 / month**, assuming a 20% down payment ($275,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $6,953 - **Common Charges**: $4,061 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Lenox Hill Overview of Lenox Hill [Explore Lenox Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lenox-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Lenox Hill - [Inwood real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/inwood) ## Related Links - [40 East 74TH Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-east-74th-street) - [Lenox Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lenox-hill) - [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.