RealtyLens
for saleRealtyLens property overview
$720,000

300 E 40th St Apt 12E

Manhattan, NY, 10016
View more Manhattan, NY property pages
1Beds
1Baths
650Sqft
$1108$/sqft

Market Insights

Below nearby median-8.8%

$1108/sqft vs a nearby median of $1215/sqft.

Nearby median$1215/sqft
Nearby properties12
Property size650 sqft
  • -8.8% versus the nearby median price per square foot.
  • 2 price records are available for this property.
  • 650 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$825k$754k$896k · 54% confidence
vs ask $720k−$105k (−14.6%)

Asking price is about 14.6% below the fair value — likely to draw competing offers if it's still on market.

$1,257/sqft median across 7 tight comps × 650 sqft= $817k
  • Transit access+$20k +2.5%
  • Mid-century building era−$12k −1.5%
Cumulative NYC adjustments+$8k+1.0%

Property Read

FreshnessCurrent market data

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

Market Position-8.8% 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

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

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

Listing Details

Days on market
43 days
Last price change
Down $10,000 (1.4%)
Listed
Mar 30, 2026
Photos
2 photos
Property type
condos
Status
for sale

Building Facts

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

From NYC public records where available.

Price History

May 6, 2026diff
$720,000for sale
May 4, 2026Initial record
$730,000for 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.