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Duplex Residential Income Property

32 W 40TH Street 10E, Manhattan, NY 10018

For Sale
$1,150,000

A two-level layout pairs a main-floor living area and kitchen with an upper loft and separate bathroom.

Property SizeContact for details
Days on Market65

Property Features for 32 W 40TH Street 10E

General Information

Standard status Active
Elevators Yes
Property subtype Duplex

Units

Unit Mix 1 x 1.5BR/2BA duplex loft
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

24-hour doorman
live-in resident manager
laundry facilities
bicycle storage

Building Details

Year Built 1907
Construction Renaissance Revival
Listing Agency: The Agency Brokerage
Listed By: Calvin Xu
Source: Decodenyc
Added: Sep 6 Changed: Nov 8 Last Checked: Nov 9 at 2:28PM

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 The Agency Brokerage

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Investment Insights

Based on property information with market context.

This duplex residence offers 1.5 bedrooms and 2 bathrooms across two levels. The main floor includes living and dining areas, a kitchen, a primary bedroom, and a full bath. An upper loft provides an additional sleeping area and a second full bathroom. The 1907 building was originally constructed as the Engineers' Club and later converted to residential use. Its shared amenities include a 24-hour doorman, a live-in resident manager, elevators, laundry facilities, and bicycle storage.

The building faces Bryant Park and is close to the New York Public Library. Fifth Avenue shops, Midtown dining, Broadway, Grand Central Terminal, and multiple subway lines are also nearby. Cooperative policies allow pieds-à-terre, subletting, gifting, guarantors, and purchases by parents for children, subject to board approval.

Key Highlights

  • Duplex residence with 1.5 bedrooms and 2 bathrooms
  • Upper‑level loft has an additional sleeping area and full bathroom
  • Built in 1907 as the Engineers' Club before conversion to residential use

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

100,617
Businesses Nearby

Demographics for 10018, NY

11,145
Population
5,678
Households
2
Avg Household Size
35
Median Age
75%
College-Educated
92%
High-School Grad
0.3 sq mi
ZIP Area
37,150
Density / Sq Mi
$133,042
Median Household Income
$103,655
Median Earnings
$3,501
Median Rent
$947,100
Median Home Value

Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - A two-level layout pairs a main-floor living area and kitchen with an upper loft and separate bathroom.
Where is this residential income property located?
The property is located at 32 W 40TH Street 10E Manhattan, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Duplex residence with 1.5 bedrooms and 2 bathrooms; Upper‑level loft has an additional sleeping area and full bathroom; Built in 1907 as the Engineers' Club before conversion to residential use
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