240 East 55th Street #7-BG, New York City, NY 10022
Listing Courtesy of R New York
$2,950,000
Potential Rebate: $44,250
Overview
Move right into this gut-renovated mint-condition residence with 1,000 square feet of open entertaining space, 3 bedrooms, an office/den and 3 ½ bathrooms.<br><br>A grand foyer opens into the massive entertaining space, which boasts 35 feet of wall-to-wall windows, a state-of-the-art kitchen, and an expansive living and dining room ideal for receptions, cocktail parties and family gatherings.<br><br>The chef’s kitchen features a huge island with a hidden pull-out table that seats four. All of the appliances are high-end luxury, including oversized Thermador refrigerator and freezer columns, a 92-bottle wine cooler, a beverage refrigerator, two dishwashers, two sinks, two ovens, a built-in Miele coffee machine, and a professional 6-burner stove. There is a walk-in pantry and abundant cabinet and counter space.<br><br>Off the entrance foyer is a windowed laundry room and a windowed guest powder room. At the end of the foyer is the family wing consisting of 3 bedrooms, each with its own en-suite bathroom, as well as a large office/den. All four rooms have wall-to-wall south-facing windows and open city views. The 17’x23’ Primary Bedroom Suite features two walk-in closets, a built-in desk/cabinetry, and a private entrance from the elevator hallway.<br><br>Storage space is plentiful, with multiple customized closets and built-in shelving. There is new hardwood flooring, recessed lighting, automatic window blinds, a Sonos speaker system, and high speed Wi-Fi wiring/cable. The apartment is available furnished if desired for an additional fee.<br><br>240 E 55th Street is an established, sought-after building on a quiet block in Midtown East, with the coveted Blue Ribbon school PS 59 (Pre-K—5th) right around the corner. The building is steps from Whole Foods, Bloomingdale’s, Pecora Bianca, Lobster Club, PJ Clarke’s, East River Esplanade, Central Park, tennis courts, dog runs, and multiple garages and subways.<br><br>Storage/bike room and laundry room in the basement. Pieds-a-terre and co-purchases allowed; subletting permitted after 1 year. Part-time doorman, full-time porter, and live-in super. Financing allowed up to 75%. NO flip tax.
Home Features
- •Wall Unit(s)
- •Building Washer Dryer Install Allowed
- •Common Area
- •In Unit
- •Building Storage
- •Dining Area
- •Entrance Foyer
- •Dryer
Estimated Monthly Payment
$21,097 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$44,250
Monthly savings impact
$123/mo
Effective Purchase Price
$2,905,750
(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).
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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. ©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 R New York
Data Source: TRESTLE #RLS20050532
RLS at REBNY
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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. ©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 R New York
Data Source: TRESTLE #RLS20050532
RLS at REBNY
Price Analysis
Compare average listing prices and value metrics for 240 East 55th Street against the surrounding Turtle Bay market.
Average List Price
Price Per SqFt
89.73% Lower
than the Turtle Bay 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.
