Property thumbnail
1 / 9
Stock CooperativeGarment District

32 West 40th Street #11B, New York City, NY 10018

Listing Courtesy of Sothebys International Realty

$7,000/mo

Potential Rebate: $105

Stock Cooperative
2 Beds
2 Baths
4 Rooms
10,329 sqft
Built 1905
12 Stories
1/ft²
Listed on Aug 26, 2025
126 days on market

Overview

Make your stay in New York City memorable—and exceptional.

Across the street from Bryant Park is one of the rarely available luxurious residences at Bryant Park Place, a historic neo-renaissance building originally built in 1907 as The Engineers’ Club, listed in 2007 with the National Register of Historic Places, and designated a landmark in 2011.

The furnished offering is a stunning 5-room duplex, that was originally part of the Club’s ballroom. Enter into a magnificent parlor, adorned with artfully-restored wood Corinthian columns that soar 20 feet. The distinctive charm, warmth and serenity of this meticulously preserved space cannot be overstated.

Adjoining the parlor is a dining room partitioned off by sliding glass doors, and a bedroom/study flanked by 3 large windows lit from the South and West. Between these two rooms is a voluminous custom closet. The full bathroom downstairs is outfitted with sea green glass tiles, cream-toned ceramic floors, a custom full height linen closet, and a glass-enclosed 4-jet spa shower.

Original expansive mirrored door frames lead to a generously sized windowed chef's kitchen, with tall light oak cabinets, granite countertops, a Viking stove, a stainless steel Miele dishwasher, and a Whirlpool refrigerator.

Ascend to the primary bedroom in the loft upstairs, complete with a triple sized custom closet, and an en-suite bathroom, featuring a deep soaking tub with rain shower fixtures, custom vanity, and a Toto Washlet bidet.

Hardwood floors, abundant built-in storage under the staircase, and tasteful furnishings throughout complete the offering.

Bryant Park Place features extraordinary prewar details in the grand marble lobby and offers its residents first-class service. Amenities include a 24-hour doorman, a live-in resident manager, a full-size laundry room, and bike storage. This prime location boasts access to Michelin restaurants, museums, cafes, theater, all subway lines, Grand Central, Metro-North, LIRR and New Jersey Transit, a Whole Foods supermarket, the New York Public Library, CitiBike, Lincoln Tunnel to Newark and the Queens-Midtown Tunnel to JFK, and naturally, all the delights of Bryant Park.

Fees include:
-$500 Co-Op Review Fee (non-refundable)
-$750 Move-In Deposit (refundable)
-$750 Move-In Fee (non-refundable)
-$500 Processing Fee (non-refundable)
-$300 Rush Interview Fee (should a Rush Interview be scheduled) (non-refundable)
Plus, standard Domecile fees: $120 Initiation, $65 Digital, 5% App Processing.

Home Features

  • Common On Floor
  • Kitchen Window
  • Dishwasher
  • Hardwood

Estimated Monthly Payment

$35 per month

30 year fixed, 6.28% Interest

Principal and Interest
$35
Property Taxes
$0
Maintenance/Common Charges
$0

Estimated Rebate for this Home

One-time rebate at closing

$105

Monthly savings impact

$0/mo

Effective Purchase Price

$6,895

(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).

Price Analysis

Compare average listing prices and value metrics for Bryant Park Place against the surrounding Garment District market.

Based on 1 active unit in building vs 2 in area

Average List Price

Building$7.0K
Neighborhood$728.5K

Price Per SqFt

Building Avg$1/ft²
Neighborhood Avg$3/ft²
Value Opportunity

74.22% Lower

than the Garment District 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.

Garment District

Fashion Center to Residential Frontier

\n

The Garment District is the heart of American fashion. While still commercial, it is rapidly converting to residential.

\n

Real Estate & Housing Market

\n

Office-to-residential conversions. Great value for space compared to neighboring Chelsea.

\n

Lifestyle & Community

\n

Hectic during workdays with rolling racks of clothes. Quieter at night. Changing fast.

\n

Transportation & Accessibility

\n

Unmatched. Penn Station, Port Authority, and nearly every subway line are here.

\n

Parks, Schools & Amenities

\n

Bryant Park is close. Dining options are improving with new food halls.

\n

Who This Neighborhood Is Best For

\n

Best for commuters and those prioritizing central location over neighborhood charm.