The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$2,825,000
240 E 55th St Unit 7BG
New York, NY, 10022
View more New York, NY property pages4Beds
4Baths
2,800Sqft
$1009$/sqft
Market Insights
Below nearby median-47%
$1009/sqft vs a nearby median of $1896/sqft.
Nearby median$1896/sqft
Nearby properties8
Property size2,800 sqft
- -47% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 2,800 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$5.20M$4.69M – $5.71M · 42% confidence
vs ask $2.83M−$2.38M (−84.2%)
Asking price is about 84.2% below the fair value — likely to draw competing offers if it's still on market.
$1,896/sqft median across 5 tight comps × 2,800 sqft= $5.31M
- Days-on-market gravity−$159k −3.0%
- Transit access+$133k +2.5%
- Mid-century building era−$80k −1.5%
Cumulative NYC adjustments−$106k−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
- 231 days
- Last price change
- No change recorded
- Listed
- Sep 24, 2025
- Photos
- 13 photos
- Property type
- coop
- Status
- for sale
Photos
Building Facts
- Year built
- 1963
- Stories
- 14
- Total units
- 99
- Residential units
- 99
- Building area
- 1.48 ac
- Lot size
- 7,531 sqft
- Land use
- Multi-family elevator buildings
- Building class
- D4
From NYC public records where available.
Price History
May 4, 2026Initial record
$2,825,000for sale
Public Records
DOB violations0 open
33 total recorded against the building
HPD violations2 open
28 total recorded
ACRIS documents184
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)11,275
Top: illegal parking
Top complaint types in ZIP 10022
- Illegal Parking1,366
- Noise770
- Street Condition728
- HEAT/HOT WATER650
- Noise - Residential557
Recent DOB
- Aug 2, 2022V*-DOB VIOLATION - DISMISSED · BENCH-FAILURE TO BENCHMARK NONE
- Apr 9, 2019V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Apr 9, 2019V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Aug 12, 2018V*-DOB VIOLATION - DISMISSED · P-PLUMBING NONE
Recent HPD
- Nov 12, 2024Class B · § 27-2005, 2007 ADM CODE FIRE EGRESS DEFECTIVE. REMOVE THE OBSTRUCTION IN FIREPROOF PASSAGEWAY GARBABE BAGS AND TOOLS AND TABLE TOPS
- Nov 12, 2024Class C · § 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE LATCH AT FIRE DOOR ...
- Nov 12, 2024Class B · § 27-2005, 2007 ADM CODE REMOVE ALL ENCUMBRANCES CONSISTING OF A BIKE AT FIRE STAIRS, 10th STORY, SECTION ''STAIR B ''
- Nov 12, 2024Class C · § 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE HINGES AT HOPPER DO...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.