The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$1,525,000
300 E 40th St Unit 32 /K
Manhattan, NY, 10016
View more Manhattan, NY property pages2Beds
2Baths
1,300Sqft
$1173$/sqft
Market Insights
Below nearby median-43%
$1173/sqft vs a nearby median of $2056/sqft.
Nearby median$2056/sqft
Nearby properties8
Property size1,300 sqft
- -43% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,300 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$2.63M$2.42M – $2.83M · 61% confidence
vs ask $1.52M−$1.10M (−72.2%)
Asking price is about 72.2% below the fair value — likely to draw competing offers if it's still on market.
$2,062/sqft median across 6 tight comps × 1,300 sqft= $2.68M
- Transit access+$67k +2.5%
- Visible condition issues−$54k −2.0%
- Mid-century building era−$40k −1.5%
- Virtually staged−$27k −1.0%
Cumulative NYC adjustments−$54k−2.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
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
- 7 days
- Last price change
- No change recorded
- Listed
- May 5, 2026
- Photos
- 11 photos
- Property type
- condos
- Status
- for sale
Photos
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 5, 2026Initial record
$1,525,000for sale