140 East 40th Street #7D, New York City, NY 10016
Listing Courtesy of Bond New York Properties LLC
$4,000/mo
Potential Rebate: $60
Overview
Welcome home to this elegant, renovated furnished 1-bedroom residence just two blocks from Grand Central! The open windowed kitchen has been completely renovated and features a dining island, all stainless steel appliances including a dishwasher and mounted microwave, new cabinetry, new backsplash, and new countertops!<br><br>The home further boasts a luxurious new Kohler bathroom with deep soaking tub, a king-size bedroom with sunny southern exposure, a sizable entrance gallery, solid oak floors, and elegant prewar details, including beamed ceilings, arched doorways, and casement windows!<br><br>Heat, water, and internet are all included in rent!<br><br>140 East 40th Street is a charming boutique prewar coop nestled on a tree-lined block where Murray Hill meets midtown. Designed in 1930 by Bien & Prince, the same architects who designed the Carlyle Hotel, this Art Deco masterpiece has 13 floors and 98 units and was converted to coop in 1983. Apartments feature wonderful prewar details and high ceilings, and many apartments have Empire State Building views. <br><br>The building features beautifully renovated elevators, central laundry, storage, bike storage, and, best of all, a wonderful furnished roof deck with breathtaking views. Great Murray Hill location just two blocks from Grand Central and near all transportation. Flexible board. Sorry, no dogs allowed.<br><br>Co-op Fees:<br>SubtenantApplication Processing Fee (Non-Refundable)-$350<br>SubtenantCredit Report Fee (Non-Refundable) -$200 per applicant<br>SubtenantMove-In Deposit (Refundable)- $500<br><br>BOND New York Properties is a licensed real estate broker that proudly supports equal housing opportunity.
Home Features
- •Window Unit(s)
- •Radiant
- •Building Inside
- •Common Area
- •Building Storage
- •Building Roof Deck
- •Private Outdoor Space Under 60 Sqft
- •Storage
Estimated Monthly Payment
$20 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$60
Monthly savings impact
$0/mo
Effective Purchase Price
$3,940
(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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Listing Courtesy of Bond New York Properties LLC
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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. ©2025 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 Bond New York Properties LLC
Data Source: TRESTLE #RLS20060088
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.
80.53% 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.
Murray Hill
Overview of Murray Hill
Murray Hill is a charming, somewhat relaxed enclave on the East Side of Manhattan, spanning roughly from 34th to 40th Streets. Known for its recent college graduate population, it also boasts historic districts with stunning townhouses. For those seeking Murray Hill Manhattan real estate, the neighborhood usually offers more space for your money than its neighbors.
Living in Murray Hill, Manhattan offers a residential vibe that feels distinct from the corporate towers of Midtown to the north. It is a mix of high-rise apartment complexes and tree-lined blocks of brownstones. As a popular Manhattan NYC neighborhood, it strikes a balance between a lively bar scene on Third Avenue and quiet, upscale living on Park Avenue.
Real Estate & Housing Market
The market for homes for sale in Murray Hill is viewed as a value pocket in Manhattan. You can find everything from affordable post-war co-op studios to multi-million dollar historic townhouses in the Murray Hill Historic District. It attracts a wide demographic, from young finance professionals renting their first apartments to established families owning entire brownstones.
The "Corinthian" and other condo towers offer full-service luxury living. The area is steady and reliable for investment, with strong rental demand from the nearby medical mile (NYU Langone) and UN workers. Prices here are generally more accessible than in Flatiron or Gramercy.
Lifestyle & Community
The lifestyle in Murray Hill is social and active. The neighborhood is famous for its nightlife along Third Avenue, which is bustling with sports bars and restaurants. However, west of Lexington Avenue, the vibe transforms into one of quiet elegance, with carriage houses and diplomatic residences.
Community amenities are strong, with the St. Vartan Park providing a local playground and sports courts. The proximity to Grand Central makes it a convenient choice for commuters, while the varied housing stock allows residents to "move up" within the neighborhood as they progress in their careers.
Transportation & Accessibility
Murray Hill is well-served by transportation. The 4, 5, 6, 7, and S trains at Grand Central are a short walk away, as is the 33rd St station for the 6 train. The neighborhood is also a hub for the select bus service, making crosstown travel easier.
Access to the Midtown Tunnel allows for quick escapes to Long Island and the airports. For daily commuting to Wall Street or Upper East Side, the Lexington Avenue line (4/5/6) is the lifeline of the neighborhood.
Parks, Schools & Amenities
While green space is at a premium, St. Vartan Park is a beloved community hub. The East River Ferry at 34th Street is a game-changer, connecting residents to Brooklyn, Queens, and Wall Street via a scenic boat ride.
The area is home to the Morgan Library & Museum, a cultural treasure. Amenities like Trader Joe’s, Fairway, and a plethora of gyms and dry cleaners cater to the busy professionals who live here.
Who This Neighborhood Is Best For
Murray Hill is best for recent graduates and young professionals seeking a fun social scene ("Murray Hill" is often nicknamed "Curry Hill" for its Indian restaurants or associated with post-grad life). However, the historic district is ideal for those seeking townhouse living at a relative discount.
