The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$1,995,000
305 E 40th St Apt 19F
Manhattan, NY, 10016
View more Manhattan, NY property pages2Beds
2.5Baths
1,500Sqft
$1330$/sqft
Market Insights
Below nearby median-35%
$1330/sqft vs a nearby median of $2056/sqft.
Nearby median$2056/sqft
Nearby properties8
Property size1,500 sqft
- -35% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,500 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$3.09M$2.84M – $3.34M · 59% confidence
vs ask $2.00M−$1.10M (−55.0%)
Asking price is about 55.0% below the fair value — likely to draw competing offers if it's still on market.
$2,062/sqft median across 6 tight comps × 1,500 sqft= $3.09M
- Transit access+$77k +2.5%
- Mid-century building era−$46k −1.5%
- Virtually staged−$31k −1.0%
Cumulative NYC adjustments+$0+0.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
Diligence Read2 items to check
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Listing Details
- Days on market
- 7 days
- Last price change
- No change recorded
- Listed
- May 5, 2026
- Photos
- 14 photos
- Property type
- coop
- Status
- for sale
Photos
Building Facts
- Year built
- 1963
- Stories
- 21
- Total units
- 361
- Residential units
- 359
- Building area
- 9.05 ac
- Lot size
- 28,325 sqft
- Land use
- Multi-family elevator buildings
- Building class
- D4
From NYC public records where available.
Price History
May 5, 2026Initial record
$1,995,000for sale