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for saleRealtyLens property overview
$1,250,000

300 E 40th St Apt 31T

Manhattan, NY, 10016
View more Manhattan, NY property pages
1Beds
1.5Baths
1,350Sqft
$1000$/sqft

Comps

Listing Notes

BRAND NEW TO MARKET!!! An exceptional opportunity to own a spacious three-bedroom, two-bath residence at The Churchill. This beautifully renovated corner apartment boasts a highly efficient layout with desirable southwest exposure, filling the home with natural light throughout the day. A gracious entry foyer leads into an expansive living and dining area, perfect for both everyday living and entertaining. The L-shaped, windowed kitchen is thoughtfully designed with abundant cabinetry, sleek countertops, and stainless steel appliances. Two generously proportioned, well-separated bedrooms offer excellent closet space, including a primary suite with an en-suite, windowed bath. The third bedroom provides flexibility and can easily function as a home office or guest room. Beautiful hardwood floors, and abundance of closets completes this lovely home. Residents of The Churchill enjoy exceptional full-service amenities, including a 24-hour doorman and concierge, laundry on every floor, a fully equipped fitness center, sauna, and a welcoming residents' lounge. The building also features beautifully landscaped rooftop sun decks with panoramic city views, an outdoor swimming pool, valet service, bicycle storage, and an on-site garage. Ideally located, The Churchill offers convenient access to premier shopping, dining, Grand Central, and multiple transportation options. Flexible ownership policies allow for subletting, investors, co-purchasing, and pied--terre use. Assessment: $794.44/month through October 31, 2026 (Local Law 11).

Market Insights

Below nearby median-22%

$1000/sqft vs a nearby median of $1277/sqft.

Nearby median$1277/sqft
Nearby properties24
Property size1,350 sqft
  • -22% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,350 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.57M$1.43M$1.71M · 53% confidence
vs ask $1.25M−$321k (−25.7%)

Asking price is about 25.7% below the fair value — likely to draw competing offers if it's still on market.

$1,354/sqft median across 3 tight comps × 1,350 sqft= $1.56M
  • Transit access+$39k +2.5%
  • Mid-century building era−$23k −1.5%
  • Days-on-market gravity−$8k −0.5%
Cumulative NYC adjustments+$8k+0.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-22% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
63 days
Last price change
No change recorded
Listed
Mar 11, 2026
Photos
17 photos
Property type
condop
Status
for sale

Features & Amenities

DoormanElevatorSwimming PoolTwo Or More StoriesEfficientEnsuiteViewsHardwood FloorsHome OfficeOfficeDenShopping

Photos

Building Facts

Year built
1967
Stories
32
Total units
588
Residential units
586
Building area
14.52 ac
Lot size
1.10 ac
Land use
Mixed residential and commercial buildings
Building class
RM

From NYC public records where available.

Price History

May 13, 2026Initial record
$1,250,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.