The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$720,000
300 E 40th St Apt 12E
Manhattan, NY, 10016
View more Manhattan, NY property pages1Beds
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
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
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
- 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