140 East 40th Street #7J, New York City, NY 10016
Listing Courtesy of Compass
$425,000
Potential Rebate: $10,625
Overview
Welcome to 140 East 40th Street – 7J, a recently renovated studio that captures the essence of quintessential pre-war living with combines high-beamed ceilings and large casement windows. The apartment's Art Deco architectural details transform it into a truly unique gem, complete with a gracious entrance foyer and elegant arched passageways.
The newly renovated kitchen boasts stainless steel appliances, and brand-new hardwood floors extend throughout the living area. Alongside ample closet space, you'll also find private storage conveniently located in the basement that comes with the apartment.
The building offers a beautifully landscaped common roof deck with direct views of the Empire State Building, security staff from 11:00am to 7:00pm, a laundry room, bicycle storage, and a live-in resident manager.
This elegant pre-war cooperative is nestled on a tree-lined street just two blocks from Grand Central, offering easy access to transportation, shopping, and a vibrant restaurant scene right around the corner.
Gifting, parents purchasing for children, and pied-à-terres are considered on a case-by-case basis. Please note that dogs are not permitted.
Home Features
- •Wall Unit(s)
- •Building Washer Dryer Install Allowed
- •Common On Floor
- •Common Area
- •Walk-In Closet(s)
- •Stainless Steel Appliance(s)
- •Hardwood
- •Security Guard
Estimated Monthly Payment
$3,105 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$10,625
Monthly savings impact
$30/mo
Effective Purchase Price
$414,375
(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 Compass
Data Source: TRESTLE #RLS20055045
RLS at REBNY
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Listings
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 Compass
Data Source: TRESTLE #RLS20055045
RLS at REBNY
Price Analysis
Compare average listing prices and value metrics for 140 East 40th Street against the surrounding Murray Hill market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
69.06% Lower
than the Murray Hill price average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
