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305 E 40th St APT 17C, New York, NY, 10016

1beds
1baths
775sqft
$558,000
$720price/sqft
$4,052/moest. monthly cost
$162,080/yrincome needed

About This Home

New to the market…. 1 bed w large living room/dining area just waiting for you to put your design taste to make a difference!!! The apartment boasts expansive Tudor City views and captivating rooftop vistas through generous windows that flood the home with natural light by day and dazzling skyline views by night - an ideal backdrop for both quiet moments and lively entertaining. Residents of The Hamilton enjoy an impressive collection of amenities including: -24-hour doorman -Landscaped roof deck with seasonal access -Attached garage with discounted resident parking -Central laundry room -Bike storage -Three passenger elevators plus service elevator Guarantors, co-signers, and parents purchasing for children.

Getting Around

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

Schools

7/10
River School (The)Grades PK-50.3 mi
8/10
Jhs 104 Simon BaruchGrades 6-81.0 mi

Construction

Condition

  • Year built: 1963

Type & Style

  • Home type: Cooperative
  • Property subType: Coop

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

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

Interior Area

  • Total structure area: 775
  • Total interior livable area: 775 sqft

Property

Details

  • Special condition: Resale

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
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Cold Wave
Hurricane
Inland Flooding
Strong Wind
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 $2,821$33,852
Home Insurance *$655$7,860
Property Taxes $330$3,960
Electricity $246$2,954
Total$4,052$48,624
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$138,925/yr
40% on housing$121,560/yr
45% on housing$108,053/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

$720This listing

vs Other Active Listings

Avg $/sqft

ZIP 10016$1,008
New York County$1,489

vs Homes Sold Last Month

Median $/sqft

ZIP 10016$1,230
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
2026-06-29Price change$558,000
2026-05-15Listed for sale$598,000

For Sale by Agent

AgentEllie Wald
BrokerageCompass

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