RealtyLens
for saleRealtyLens property overview
$1,599,000

235 E 40th St Apt 40A

Manhattan, NY, 10016
View more Manhattan, NY property pages
2Beds
2Baths
1,094Sqft
$1462$/sqft

Listing Notes

The best River, South and Eastern views: Turnkey 2 Bedroom/2 Bath Condo with private balcony. This 40th-floor, 2-bedroom corner home delivers amazing southern and eastern views in a completely turnkey package. Located at The Vanderbilt, Residence 40A is a bright and fully renovated corner home that is completely move-in ready. The apartment offers some of the best unobstructed views in Midtownranging from the Chrysler Building and the East River all the way down to the Lower Manhattan skyline. The living area's open-concept design is framed by iconic corner views, creating a sun-drenched space that flows into a private balcony, featuring elegant wide-plank floors and a custom wood-paneled accent wall. The windowed, open kitchen has been thoughtfully redesigned with a generous breakfast bar, premium appliances, and custom cabinetry to optimize storage. Designed for privacy and comfort, the split-bedroom layout is headlined by a large primary corner suite with beautiful views, a windowed en-suite bathroom, and a large walk-in closet. The second bedroom is also spacious, showcasing eastern views, with custom closets and easy access to the second full bath. Both bathrooms include luxury additions such as heated towel racks and bidet-style fixtures. The Vanderbilt: Experience full-service luxury in this premier condominium located between 2nd and 3rd Avenues. Known for its world-class amenities and central location, The Vanderbilt offers a lifestyle of total convenience. The Health Club & Wellness: Aquatics: 70-foot indoor pool, Jacuzzi, and multiple saunas. Fitness: Fully equipped gym, weekly yoga classes, and steam showers. Sports: Squash, racquetball, and half-basketball courts. Building Conveniences: Lifestyle: Furnished residents' lounge, recreation room (ping-pong), and on-site salon/dry cleaner. Ease of Access: Private driveway for easy pick-ups/drop-offs and direct elevator access to the garage. Tech: Building Link system for instant package and delivery notifications. Whether you're commuting by train or car, the location is hard to beat: You are just a few blocks from Grand Central Terminal, giving you immediate access to the 4/5/6/7/S subways, Metro-North, and the LIRR. Driving: The building offers easy access to the FDR Drive and the Midtown Tunnel, making trips in and out of the city seamless. Note: No pets or E-bikes allowed. Contact us to schedule a showing.

Market Insights

Below nearby median-26%

$1462/sqft vs a nearby median of $1972/sqft.

Nearby median$1972/sqft
Nearby properties12
Property size1,094 sqft
  • -26% versus the nearby median price per square foot.
  • 2 price records are available for this property.
  • 1,094 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$2.29M$2.08M$2.49M · 50% confidence
vs ask $1.60M−$687k (−43.0%)

Asking price is about 43.0% below the fair value — likely to draw competing offers if it's still on market.

$2,000/sqft median across 9 tight comps × 1,094 sqft= $2.19M
  • Transit access+$55k +2.5%
  • High-density walkability+$44k +2.0%
Cumulative NYC adjustments+$98k+4.5%

Property Read

FreshnessCurrent market data

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

Market Position-26% vs nearby

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

Price Movement1 price cut

Recorded price cuts can create room for negotiation, but the latest ask still needs to be compared against true comps.

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
25 days
Last price change
Down $51,000 (3.1%)
Listed
Apr 17, 2026
Photos
16 photos
Property type
condos
Status
for sale
Last sold
Apr 5, 2019 · $1,285,000

Features & Amenities

DoormanElevatorGymOutdoor SpaceSecurity FeaturesDishwasherRecreation FacilitiesSwimming PoolGarage 1 Or MoreWaterfrontModern KitchenOpen KitchenBasketball CourtElevatorEnsuiteViewsBasketballOpen Concept Living

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, 2026diff
$1,599,000for sale
May 4, 2026Initial record
$1,650,000for sale

You can also find this listing on StreetEasy.

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