The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$875,000
235 E 40th St Apt 12D
New York, NY, 10016
View more New York, NY property pages1Beds
1Baths
713Sqft
$1227$/sqft
Market Insights
Near nearby median-2.6%
$1227/sqft vs a nearby median of $1260/sqft.
Nearby median$1260/sqft
Nearby properties12
Property size713 sqft
- -2.6% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 713 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$929k$845k – $1.01M · 50% confidence
vs ask $875k−$54k (−6.2%)
Asking price is about 6.2% below the fair value — likely to draw competing offers if it's still on market.
$1,260/sqft median across 8 tight comps × 713 sqft= $898k
- Transit access+$22k +2.5%
- High-density walkability+$18k +2.0%
- Virtually staged−$9k −1.0%
Cumulative NYC adjustments+$31k+3.5%
Property Read
The property is close to nearby price-per-square-foot levels, so the decision will likely come down to condition and layout.
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
- 32 days
- Last price change
- No change recorded
- Listed
- Apr 10, 2026
- Photos
- 19 photos
- Property type
- condos
- Status
- for sale
Photos
Building Facts
- Year built
- 1986
- Stories
- 41
- Total units
- 364
- Residential units
- 361
- Building area
- 6.77 ac
- Lot size
- 26,712 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.
Price History
May 4, 2026Initial record
$875,000for sale
Public Records
DOB violations0 open
32 total recorded against the building
HPD violations0 open
0 total recorded
ACRIS documents0
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)21,008
Top: noise - residential
Top complaint types in ZIP 10016
- Noise - Residential3,095
- Encampment1,860
- Noise - Helicopter1,535
- Illegal Parking1,393
- Homeless Person Assistance1,092
Recent DOB
- Feb 15, 2022V*-DOB VIOLATION - DISMISSED · FISPHAZ-HAZARDOUS CONDITION (FACADE) FACADE REQUIRED
- Dec 22, 2021V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
- Sep 28, 2021V*-DOB VIOLATION - DISMISSED · C-CONSTRUCTION OTHER OPTIONAL
- Mar 21, 2019V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.