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for saleRealtyLens property overview
$5,500,000
40 E 61st St Apt 14A
New York, NY, 10065
View more New York, NY property pages2Beds
2Baths
1,362Sqft
$4038$/sqft
Market Insights
Above nearby median+111%
$4038/sqft vs a nearby median of $1912/sqft.
Nearby median$1912/sqft
Nearby properties8
Property size1,362 sqft
- +111% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,362 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$2.60M$2.37M – $2.84M · 50% confidence
vs ask $5.50M+$2.90M (+52.7%)
Asking price is about 52.7% above where comps + adjustments land — there is room to negotiate.
$1,912/sqft median across 6 tight comps × 1,362 sqft= $2.60M
- Days-on-market gravity−$78k −3.0%
- Transit access+$65k +2.5%
- Pre-war character+$65k +2.5%
- Visible condition issues−$52k −2.0%
Cumulative NYC adjustments+$0+0.0%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
Diligence Read2 items to check
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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
- 1,181 days
- Last price change
- No change recorded
- Listed
- Feb 16, 2023
- Photos
- 7 photos
- Property type
- condos
- Status
- for sale
Photos
Building Facts
- Year built
- 1928
- Stories
- 20
- Total units
- 37
- Residential units
- 36
- Building area
- 1.61 ac
- Lot size
- 6,828 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.
Price History
May 4, 2026Initial record
$5,500,000for sale
Public Records
DOB violations2 open
33 total recorded against the building
HPD violations0 open
0 total recorded
ACRIS documents0
Tax-lot deed, mortgage, and transfer records on file
Recent DOB
- Dec 8, 2021V-DOB VIOLATION - ACTIVE · E-ELEVATOR ELEVATORREQUIRED
- Dec 8, 2021V-DOB VIOLATION - ACTIVE · E-ELEVATOR ELEVATORREQUIRED
- Oct 28, 2020V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
- Sep 6, 2019V*-DOB VIOLATION - DISMISSED · ACC1-(OTHER BLDGS TYPES) - ELEVATOR AFFIRMATION OF CORRECTION ELEVATORREQUIRED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.