---
title: "140 East 40th Street #7J, New York City, NY 10016"
description: "140 East 40th Street #7J, New York City, NY 10016 — Murray Hill, New York City, NY. Listing Price $375,000. In contract 8/4/2026. Studio bed, 1 bath Illustrative Buyer Commission Share of $5,625 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10016/140-east-40th-street-j-7J-ny-10016"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 140 East 40th Street #7J, New York City, NY 10016

Murray Hill, New York City, NY

Courtesy of Compass

## At a Glance

- **Listing Price**: $375,000
- **Status**: In contract 8/4/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: Studio
- **Baths**: 1
- **Common Charges**: $1,043 / 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**: $375,000
- **Illustrative Buyer Commission Share**: -$5,625*
- **Illustrative Net Cost**: $369,375

*Illustrative Buyer Savings of $5,625 — 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 (6)

![140 East 40th Street #7J, New York City, NY 10016 — photo 1 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e17db6c2-da80-4db4-a557-b58882ff00b5.jpg)
![140 East 40th Street #7J, New York City, NY 10016 — photo 2 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ab6cbc85-21b2-4997-ab9b-a51be3595f24.jpg)
![140 East 40th Street #7J, New York City, NY 10016 — photo 3 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c644ab3a-4bd6-49dd-b67a-0261bbdcd16d.jpg)
![140 East 40th Street #7J, New York City, NY 10016 — photo 4 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5c27de4f-ba3d-4b5f-ab3e-f4de29faec99.jpg)
![140 East 40th Street #7J, New York City, NY 10016 — photo 5 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/04f9d7f6-45ea-4bb0-806a-ee16c4bb7a6f.jpg)
![140 East 40th Street #7J, New York City, NY 10016 — photo 6 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4ed712d7-5d90-4d57-99f9-91d347aa32ae.jpg)

## Property 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 storage conveniently located in the basement available for rent.

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.

## Property Details

- **Property Type**: Co-op
- **Baths**: 1
- **Rooms**: 2
- **Stories**: 13
- **Year Built**: 1931
- **Common Charges**: $1,042.83 / Monthly
- **Listed On**: Jul 8, 2026
- **Days on Market**: 65 Days

### Residence Features

- Wall Unit(s)
- Building Washer Dryer Install Allowed
- Common On Floor
- Common Area
- Building Roof Deck
- Walk-In Closet(s)
- Stainless Steel Appliance(s)
- Hardwood
- Security Guard

## Sales Evidence

### Recent closed sales

16 apartments at 140 East 40th Street have recorded sales since September 2021, the most recent for $370,000 in July 2025. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 5H (Apartment) | 1 | 950 | $370,000 | $389/ft² | July 23, 2025 | City record |
| 9D (Apartment) | 2 | — | $532,000 | — | July 23, 2025 | City record · MLS |
| 3G (Apartment) | Studio | — | $370,000 | — | April 11, 2025 | City record · MLS |
| 2AB (Apartment) | 2 | — | $815,000 | — | January 7, 2025 | City record · MLS |
| 10A (Apartment) | Studio | 580 | $515,500 | $889/ft² | May 6, 2024 | City record |
| 9H (Apartment) | — | — | $370,000 | — | March 18, 2024 | City record |
| 1B (Apartment) | 1 | 850 | $375,000 | $441/ft² | September 22, 2023 | City record |
| 6J (Apartment) | Studio | — | $350,000 | — | August 23, 2023 | City record · MLS |
| 10G (Apartment) | Studio | — | $384,000 | — | April 4, 2023 | City record · MLS |
| 7D (Apartment) | 1 | — | $505,000 | — | October 14, 2022 | City record · MLS |
| 12A (Apartment) | 1 | — | $515,000 | — | August 16, 2022 | City record · MLS |
| 10F (Apartment) | Studio | — | $410,000 | — | July 8, 2022 | City record · MLS |
| 2F (Apartment) | Studio | — | $376,000 | — | June 29, 2022 | City record · MLS |
| 5E (Apartment) | Studio | — | $370,000 | — | January 31, 2022 | MLS |
| 1E (Apartment) | Studio | — | $380,000 | — | November 30, 2021 | City record · MLS |
| 1D (Apartment) | 2 | — | $1,180,000 | — | November 12, 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 studio sales at 140 East 40th Street is $380,000, based on 7 sales between November 2021 and April 2025. This home is asking $375,000, $5,000 below that median. The middle half of those sales closed between $373,000 and $397,000.

- **Median closed price**: $380,000
- **Middle half**: $373,000 – $397,000
- **Based on**: 7 studio sales at 140 East 40th Street
- **Period**: November 2021 – April 2025

Square footage is recorded for only 1 of these 7 sales (14%), 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 6 of these sales with a published asking price, the median closed at 96.3% of what it originally asked. 83% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 96.3% of the original ask
- **Closed below ask**: 83% of 6 sales
- **Listed → in contract**: 59 days (about 8 weeks)
- **In contract → closed**: 70 days (about 10 weeks)

Across the 6 of these sales with a published asking price, the median closed at 96.3% of what it originally asked. 83% of them closed below the original ask.

Half of these homes were in contract within 59 days (about 8 weeks) of coming to market, based on the 4 with a recorded listing date.

Once a deal was agreed, closing took a further 70 days (about 10 weeks), based on the 4 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 7 studio sales at 140 East 40th Street, November 2021 – April 2025. 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 studio sales in Murray 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 | $405,000 | 18 |
| 2017 | $412,500 | 56 |
| 2018 | $408,918 | 54 |
| 2019 | $385,420 | 35 |
| 2020 | $362,500 | 25 |
| 2021 | $380,000 | 83 |
| 2022 | $395,000 | 77 |
| 2023 | $380,500 | 54 |
| 2024 | $366,278 | 72 |
| 2025 | $377,500 | 58 |
| 2026 | $358,750 | 24 |

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 Murray 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 140 East 40th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/140-east-40th-street)

## Price and Property History for 140 East 40th Street, Unit 7J

Review the recorded listing activity for 140 East 40th Street, Unit 7J, including asking-price changes and prior market dates.

- **Entered contract**: August 4, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| August 4, 2026 | $375,000 | Entered contract |
| July 8, 2026 | $375,000 | Listed for sale by Compass |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 99 apartments. The corporation’s 2026 property tax bill was $868,110 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 140 East 40th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/140-east-40th-street)

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

## About The Building

### 140 East 40th Street

Murray Hill · Stock Cooperative

140 East 40th Street, New York, NY 10016

A building in Murray Hill, currently featuring 2 active listings.

- **Year Built**: 1931
- **Total Units**: 2
- **Floors**: 13

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/140-east-40th-street)

### Available Residences — For Sale (2)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [7J](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10016/140-east-40th-street-j-7J-ny-10016) | Studio | 1 | — | — | $375,000 — In contract | Compass | Jul 8, 2026 | 64 days |
| [3J](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/140-east-40th-street-j-3J-ny-10016) | Studio | 1 | — | — | $359,000 (-4.3%) | Corcoran Group | May 28, 2026 | 105 days |

## Estimated Monthly Payment

**$2,939 / month**, assuming a 20% down payment ($75,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $1,896
- **Common Charges**: $1,043

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

## Murray Hill

Overview of Murray Hill

[Explore Murray Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Murray Hill

- [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)
- [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district)
- [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy)
- [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town)

## Related Links

- [140 East 40th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/140-east-40th-street)
- [Murray Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-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.