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for saleRealtyLens property overview
$620,000
250 E 40th St Apt 21C
New York, NY, 10016
View more New York, NY property pagesStudioBeds
1Baths
447Sqft
$1387$/sqft
Market Insights
Above nearby median+20%
$1387/sqft vs a nearby median of $1159/sqft.
Nearby median$1159/sqft
Nearby properties8
Property size447 sqft
- +20% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 447 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$505k$456k – $554k · 42% confidence
vs ask $620k+$115k (+18.5%)
Asking price is about 18.5% above where comps + adjustments land — there is room to negotiate.
$1,159/sqft median across 5 tight comps × 447 sqft= $518k
- Days-on-market gravity−$16k −3.0%
- Transit access+$13k +2.5%
- Open DOB violations−$5k −1.0%
- Virtually staged−$5k −1.0%
Cumulative NYC adjustments−$13k−2.5%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
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
- 263 days
- Last price change
- No change recorded
- Listed
- Aug 23, 2025
- Photos
- 17 photos
- Property type
- condos
- Status
- for sale
Photos
Building Facts
- Year built
- 1988
- Stories
- 48
- Total units
- 237
- Residential units
- 232
- Building area
- 4.60 ac
- Lot size
- 11,924 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.
Price History
May 4, 2026Initial record
$620,000for sale
Public Records
DOB violations6 open
54 total recorded against the building
HPD violations2 open
5 total recorded
ACRIS documents0
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)20,994
Top: noise - residential
Top complaint types in ZIP 10016
- Noise - Residential3,095
- Encampment1,859
- Noise - Helicopter1,533
- Illegal Parking1,393
- Homeless Person Assistance1,091
Recent DOB
- Dec 23, 2025V-DOB VIOLATION - ACTIVE · C-CONSTRUCTION OTHER OPTIONAL
- Jun 5, 2025V*-DOB VIOLATION - DISMISSED · P-PLUMBING NONE
- Aug 3, 2021V-DOB VIOLATION - ACTIVE · BENCH-FAILURE TO BENCHMARK NONE
- Jun 3, 2021V-DOB VIOLATION - ACTIVE · BENCH-FAILURE TO BENCHMARK NONE
Recent HPD
- Feb 15, 2022Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Feb 15, 2022Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Apr 17, 2019Class B · § 27-2026, 2027 HMC: PROPERLY REPAIR THE SOURCE AND ABATE THE EVIDENCE OF A WATER LEAK AT CEILING AT BASEMENT AT NORTHWEST
- Apr 17, 2019Class B · § 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE FIRE RETARDANT MATERIAL AT CEILING AT BASEMENT AT NORTHWEST
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.