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240 E 47th St #37AB, New York, NY, 10017

4beds
5baths
2,075sqft
$2,580,000
$1,243price/sqft
$19,325/moest. monthly cost
$773,000/yrincome needed

About This Home

A rare opportunity to own a meticulously crafted, grand-scale residence in one of Midtown’s most prestigious full-service condominiums. Perched on the 37th floor of Dag Hammarskjold Tower, Residence 37AB spans 2,075 square feet, offering 3 bedrooms, a home office, and 4.5 bathrooms and two spacious balconies. This extraordinary home combines modern European design, luxurious materials, and exceptional entertaining spaces, all bathed in natural light from walls of generously proportioned windows equipped with motorized shades throughout, framing captivating skyline views. A rich Choco Teak–clad foyer sets the tone for the home’s elegance, opening into a dramatic corner great room that seamlessly unites the living with access to the balcony, dining, and open-concept chef’s kitchen. Anchored by a sleek alcohol-fueled fireplace and a custom bar with retractable doors and wine refrigeration, this space is ideal for both intimate gatherings and grand-scale entertaining. The chef’s kitchen features white lacquer cabinetry, stone countertops, and premium Miele and Sub-Zero appliances, including an induction cooktop with downdraft, convection oven, and built-in coffee station, perfectly balancing form and function. Solid Brazilian Cherry floors run throughout, complemented by custom teak and lacquer millwork, integrated lighting, and hidden storage solutions that maintain a refined, uncluttered aesthetic. The residence offers flexible and private living arrangements. A private bedroom wing includes two spacious bedrooms, two full bathrooms, and an in-unit washer and dryer, creating a serene retreat. The primary suite is a luxurious sanctuary with its own terrace, complete with custom closets, motorized shades, and a spa-inspired bathroom featuring a windowed steam room and oversized rain shower, embodying understated elegance. Near the entry, a dedicated home office with its own full bathroom provides an ideal workspace or a staff quarter. On the opposite side, a guest bedroom or lounge with full bath can serve as a private suite or expand seamlessly into the main entertaining area. A custom folding wall system allows this room to seamlessly open to the main living space, creating a remarkable extension of the entertaining area; perfect for hosting intimate gatherings or larger social events. Residents of Dag Hammarskjold Tower enjoy white-glove amenities: 24-hour doorman and concierge, Indoor rooftop pool, State-of-the-art fitness center with steam and sauna, Residents’ lounge and private event space, Children’s playroom, Landscaped rooftop terrace with panoramic city views, Private storage and bike room, On-site parking garage, Live-in superintendent. Moments from the United Nations and overlooking Dag Hammarskjold Plaza, this home offers a rare combination of tranquil, refined living and immediate access to Midtown’s cultural, dining, and business destinations. A truly turnkey, sophisticated residence designed for modern city living and unforgettable entertaining at the highest level. There is an assessment equivalent to $1,710.33 and it ends on October 30, 2026. The building is currently working on repairs for Local Law 126. They also plan to upgrade the camera system, installation of a water filtration system, upgrades to sauna and steam room, and fitness center equipment. Last cycle completed in 2024 for Local Law 11. No other improvements planned and needed in the near future.

Getting Around

100
WalkingWalker's Paradise
100
TransitRider's Paradise
80
BikeVery Bikeable

Schools

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

Construction

Condition

  • Year built: 1982

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood
  • Fireplace: Yes

Interior Area

  • Total structure area: 2,075
  • Total interior livable area: 2,075 sqft

Property

Details

  • Special condition: Resale

Features

  • Pool features: Swimming Pool
  • Patio & porch: Other,Terrace
  • Exterior features: Balcony,Terrace
  • Has view: Yes
  • View description: City,Skyline,Water
  • Has water view: Yes
  • Water view: Water

Parking

  • Parking features: Garage
  • Has garage: Yes

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 $13,045$156,540
Home Insurance *$4,412$52,944
Property Taxes $1,526$18,312
Electricity $342$4,114
Total$19,325$231,900
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$662,571/yr
40% on housing$579,750/yr
45% on housing$515,333/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

$1,243This listing

vs Other Active Listings

Avg $/sqft

ZIP 10017$996
New York County$1,488

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)

No zestimate history available

Price History

DateEventPrice
2026-06-01Price change$2,580,000
2026-03-10Listed for sale$2,695,000
2025-12-04Listing removed$2,995,000
2025-02-24Listed for sale$2,995,000
2023-11-10Listing removed--
2023-07-31Listed for sale$2,795,000

For Sale by Agent

AgentSanna Iriti
BrokerageR New York

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