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240 E 46th St APT 7G, New York, NY, 10017

2beds
1baths
750sqft
$725,000
$967price/sqft
$5,579/moest. monthly cost
$223,160/yrincome needed

About This Home

COMMUTERS DREAM! OVERSIZED 1BR / CONVERTIBLE 2BR CONDO IN PRIME MIDTOWN EAST WITH DINING AREA, BRIGHT LIGHT AND TREE TOP VIEWS IN A DOORMAN BUILDING - ALL WITHIN A SHORT DISTANCE TO GRAND CENTRAL TERMINAL. ***JUST REDUCED TO $719,0000 and SELLER TO PAY FULL ASSESSMENT AT CLOSING*** Bright, spacious, and exceptionally well-priced, Residence 7G at 240 East 46th Street offers the rare opportunity to own a large one-bedroom condominium that has been thoughtfully converted into a flexible two-bedroom layout. Nestled among treetop views on a quiet residential block, this inviting home combines comfort, functionality, and an unbeatable Midtown East location just moments from Grand Central Terminal. The Unit: Originally designed as an oversized one-bedroom, this versatile home features a spacious layout with excellent natural light and abundant storage throughout. The separate kitchen is finished with white cabinetry, white tile, and full-sized stainless-steel appliances, including a dishwasher. A dedicated dining area and foyer create a welcoming entrance and provide additional flexibility for entertaining or everyday living. The king-sized primary bedroom easily accommodates substantial furniture, while the converted second bedroom or home office comfortably fits a queen-sized bed and additional furnishings. Additional features include: • Bright treetop views and excellent natural light • Separate dining area and foyer • Spacious king-sized primary bedroom • Flexible second bedroom/home office • Solid hardwood floors throughout • Ample closet and storage space • Two through-the-wall air conditioning units • Full bathroom with floor-to-ceiling white tile, tri-view mirrored medicine cabinet, and tub/shower combination The Building: Located on a picturesque tree-lined block in Turtle Bay, 240 East 46th Street is a full-service luxury condominium known for its welcoming atmosphere and attentive staff. Building amenities include: • Full-time doorman • Live-in resident manager • Two elevators • Laundry room • Bike room • Dedicated maintenance staff and porters • Pet-friendly building • Smoke-free building The Neighborhood: Conveniently positioned in the heart of Midtown East, residents enjoy immediate access to Grand Central Terminal, Metro-North, the Long Island Rail Road, and the 4, 5, 6, 7, and Shuttle subway lines. A rare combination of size, flexibility, value, and location, Residence 7G offers exceptional Midtown Manhattan living in a full-service condominium just moments from everything New York City has to offer. *NOTE - The unit currently has a wall up to create the 2nd BR. Some images have been virtually staged / renovated to show the unit without the wall up and as a 1BR

Getting Around

100
WalkingWalker's Paradise
100
TransitRider's Paradise
77
BikeVery Bikeable

Schools

5/10
8/10
Jhs 104 Simon BaruchGrades 6-81.3 mi
8/10

Construction

Condition

  • Year built: 1962

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 750
  • Total interior livable area: 750 sqft

Property

Details

  • Parcel number: 013191059
  • Special condition: Resale

Features

  • Has view: Yes
  • View description: City

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hurricane
    HurricaneModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Cold Wave
Earthquake
Hurricane
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,665$43,980
Home Insurance *$1,240$14,880
Property Taxes $428$5,136
Electricity $246$2,954
Total$5,579$66,948
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$191,280/yr
40% on housing$167,370/yr
45% on housing$148,773/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$967This listing

vs Other Active Listings

Avg $/sqft

ZIP 10017$1,027
New York County$1,489

vs Homes Sold Last Month

Median $/sqft

ZIP 10017$750
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-16Price change$719,000
2026-07-22Price change$725,000
2026-06-23Listed for sale$749,000
2022-08-22Sold$770,000
2022-05-20Pending sale$785,000
2022-02-28Listed for sale$785,000
2020-08-26Listing removed$735,000
2020-08-12Price change$735,000
2020-07-09Listed for sale$795,000
2020-02-08Listing removed$799,000
2019-10-17Listed for sale$799,000
2019-04-18Listing removed$835,000
2019-03-22Listed for sale$835,000
2007-11-09Sold$610,000

For Sale by Agent

AgentWilliam R Barrus Jr
BrokerageCompass

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