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Studio Apartment in Pre-War Building

140 E 40TH Street 3J, New York City, NY 10016

For Sale
$359,000

Recently renovated studio with Art Deco details, stainless appliances, hardwood floors, and a landscaped roof deck with views.

Property SizeContact for details
Days on Market166

Property Features for 140 E 40TH Street 3J

General Information

Standard status Active
Property subtype Apartment

Additional Details

Public Transit Yes
Multifamily Units 1

Amenities

roof deck
laundry room
bicycle storage
security staff
live-in resident manager

Building Details

Year Built 1930
Listing Agency: Corcoran Group
Listed By: Royce Cara Berler · License NY #10301211384
Source: Philipscheinfeld
Added: May 28 Changed: Oct 31 Last Checked: Nov 8 at 3:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corcoran Group

Rey
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Investment Insights

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This recently renovated studio apartment in a pre-war cooperative features high-beamed ceilings and large casement windows, with Art Deco architectural details throughout. A gracious entrance foyer and elegant arched passageways set the tone, while the newly renovated kitchen is appointed with stainless steel appliances. Brand-new hardwood floors extend through the living area, complemented by ample closet space. Basement storage is available for rent.

The building offers shared amenities including a beautifully landscaped common roof deck with direct views of the Empire State Building. Security staff are on-site from 11:00am to 7:00pm, and the building also includes a laundry room, bicycle storage, and a live-in resident manager.

Dating to 1931, the property sits on a tree-lined street and is about two blocks from Grand Central, providing convenient access to transportation, shopping, and nearby dining. Dogs are not permitted, and gifting, parents purchasing for children, and pied-a-terres are considered on a case-by-case basis.

Key Highlights

  • Recently renovated studio with Art Deco details, high‑beamed ceilings, and large casement windows
  • New kitchen with stainless steel appliances and brand‑new hardwood floors throughout
  • Basement storage available for rent

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

79,335
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Residential income properties in New York City, NY

$1,262 Jul
$1,095 Aug
$1,095 Sep
$1,041 Oct

Properties on Market for Residential income properties in New York City

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Recently renovated studio with Art Deco details, stainless appliances, hardwood floors, and a landscaped roof deck with views.
Where is this residential income property located?
The property is located at 140 E 40TH Street 3J New York City, NY.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Recently renovated studio with Art Deco details, high‑beamed ceilings, and large casement windows; New kitchen with stainless steel appliances and brand‑new hardwood floors throughout; Basement storage available for rent
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