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The Hamilton, 305 E 40th St - Unit #8M
New York, NY 10017

$500,000

25% Min Down
Studio
1 Bath
Listed Feb 22nd, 2021, Built in 1963
Showsheet
Common Charges
$960
Property Taxes
$0
Mortgage
$1,737
Total Monthly Payment
$2,697
Est. Rental Income
$2,250
Cap Rate
3.10%
HopScore Analysis
HopScore Market Price:
$505,000
Difference from Asking Price:
$5,000
Closest Comparable:
None Found
Rental Comps:
305 E 40th St #6G Stu/ 1.0 br $2,500
305 E 40th St #5X Stu/ 1 br $2,100 480 sqft
305 E 40th St #10W Stu/ 1 br $2,300
305 E 40th St #5X Stu/ 1 br $2,000 480 sqft
Description
With sunny Southern exposures spanning the entire apartment, 305 East 40th Street, 8M is a true diamond in Midtown, with low monthly maintenance. This generously sized alcove studio features beautiful design elements such as white lacquered closet doors with brushed gold handles and complementary fixtures throughout. The foyer features three oversized closets maximized with excellent storage solutions, as well as ample room for a home office. A gracious kitchen is perfectly outfitted with ample cabinetry and provides easy access to the expansive and bright living and dining areas. The oversized alcove can be converted into a true bedroom with an en-suite bathroom and pass-through closet, though keeping the space open allows for sunlight to flood the entire home. Meticulously kept and warmly designed, 8M is an absolute must-see. The Hamilton at 305 East 40th Street is a 21 story, 359 unit luxury full service building with strong financials. Built in 1962 and converted to a cooperative in 1983, The Hamilton features wonderful staff including a 24 hour doorman and concierge, landscaped roof deck, garage, bicycle room, laundry room, central heating and AC, and resident manager. Guarantors, co-purchasing, pied-a-terres, and subletting are all permitted with board approval. Financing up to 75% is allowed. Sorry, pets are not permitted.
Features & Amenities
Bike Storage
Garage
Roofdeck
Laundry in Building
Elevator
Number of Elevators: 4
Doorman
Listed By
Stacey Froelich
(917) 623-7616
Compass
Price History
Date Event Price Source
Recent Contract Signed Public Records
2021-05-12 Status Change Contract Pending Compass
2021-03-25 Price Drop $500,000 Compass
Want to find out who owns 305 E 40th St? Get detailed property transactions, assessments, mortgage info.
On the Map
Nearby Public Transportation
4
5
6
7
S
0.29 mi at Grand Central-42nd St (42nd St and 3rd Ave)
6
0.53 mi at 33rd St (33rd St and Park Ave)
E
6
M
0.61 mi at 51st St (51st St and Lexington Ave)
B
D
F
M
7
0.63 mi at 5th Av (42nd St and 5th Ave)
N
Q
R
B
D
F
M
0.82 mi at 34th St (34th St)
Recent Transactions at 305 E 40th St
Unit Br Ba Sqft Time Listed Listing $ Listed By Closed Closing $ Diff Buyer(s)
Unit 11L - - - - -
- - 2021-04-12
$620,000
$620,000 - Tseming Phame
Unit 2D 2 Bed 2 Bath - 317 Days 2020-05-01
$1,050,000
$1,050,000 Mark Landisman
Compass
2021-03-15
$900,000
$900,000 -$150,000
-14.29%
He Sun
Yuguo Yao
Unit 2Y - - - - -
- - 2021-03-01
$479,000
$479,000 - Farah Shamsuzzaman
Unit 7C 1 Bed 1 Bath 600 Sqft 211 Days 2020-07-12
$579,000
Julie Weintraub
Akam Sales & Brokerage, Inc.
$579,000 Julie Weintraub
Akam Sales & Brokerage, Inc.
2021-02-09
$485,000
$485,000 -$94,000
-16.23%
Iosefina Radu
Unit 17M - - - - -
- - 2021-01-28
$935,000
$935,000 - Joel Palathinkal
Veena Xavier
Unit 10O - - - - -
- - 2021-01-19
$560,000
$560,000 - Saurabh Singh
Unit 20G 1 Bed 1 Bath - 276 Days 2020-02-21
$840,000
$840,000 Julie Perlin
Compass
2020-11-24
$830,000
$830,000 -$10,000
-1.19%
Amy Ogoszewski
Michael Ogoszewski
Unit 9Y - - - - -
- - 2020-06-12
$507,000
$507,000 - Tracy W Dong
Xiaomin Dong
Unit 14V Stu 1 Bath 470 Sqft 177 Days 2019-11-22
$470,000
Nicole Hatoun
The Corcoran Group
$470,000 Nicole Hatoun
The Corcoran Group
2020-05-18
$455,000
$455,000 -$15,000
-3.19%
Paul Tegnazian
Unit 15L - - - - -
- - 2020-05-05
$0
$0 - Thomas F Obrien
Unit 12D - - - - -
- - 2020-05-05
$0
$0 - Nutan Desai Trustee
The Nutan Desai Revocable Trust
The Yogesh Desai Revocable Trust
Yogesh Desai Trustee
Unit 19F - - - - -
- - 2020-02-13
$0
$0 - Paul Weissman
Camille Hong Xin
Unit 8H 1 Bed 1 Bath 775 Sqft 347 Days 2019-03-01
$729,000
Nutan Desai
Halstead Property, LLC
$729,000 Nutan Desai
Halstead Property, LLC
2020-02-12
$610,000
$610,000 -$119,000
-16.32%
David Weiss
Unit 8R 2 Bed 2 Bath - 239 Days 2019-06-04
$1,195,000
$1,195,000 Julie Perlin
Compass
2020-01-30
$1,050,000
$1,050,000 -$145,000
-12.13%
Benjamin Schwartz
Alisa Shekhtman
Unit 3L - - - - -
- - 2020-01-13
$625,000
$625,000 - Michael John Barbarula
Unit 16F 1 Bed 1 Bath 750 Sqft 286 Days 2019-02-08
$685,000
Howard Rosen
Century 21 Metropolitan
$685,000 Howard Rosen
Century 21 Metropolitan
2019-11-22
$630,000
$630,000 -$55,000
-8.03%
Kalem Kopf
Unit 4N 1 Bed 1 Bath - 121 Days 2019-07-16
$599,000
$599,000 Daniel Morgan
Compass
2019-11-15
$585,000
$585,000 -$14,000
-2.34%
Thomas Aloise
Unit 12G - - - - -
- - 2019-11-15
$525,000
$525,000 - Helen Siew-ee Farinella
Michael Joseph Farinella
Unit 10A Stu 1 Bath 450 Sqft 243 Days 2019-02-20
$449,000
Jackie Vincent
The Corcoran Group
$449,000 Jackie Vincent
The Corcoran Group
2019-10-22
$385,000
$385,000 -$64,000
-14.25%
Sam Aaron Horesh Bernstein
Unit 10R 2 Bed 2 Bath - 294 Days 2018-10-10
$1,399,000
Julie S. Perlin
Stribling & Associates
$1,399,000 Julie S. Perlin
Stribling & Associates
2019-08-01
$1,150,000
$1,150,000 -$249,000
-17.80%
Jillian Schwam
Robert Zelniker
Unit 17G Stu 1 Bath - 153 Days 2019-02-04
$639,000
Miyuki Karagiri Grace Hiura
Halstead Property, LLC
$639,000 Miyuki Karagiri Grace Hiura
Halstead Property, LLC
2019-07-08
$585,000
$585,000 -$54,000
-8.45%
Gianluca Burroni
Unit 15AM 3 Bed 3 Bath 1800 Sqft 131 Days 2019-01-18
$1,799,000
Sandra Balan
Brown Harris Stevens
$1,799,000 Sandra Balan
Brown Harris Stevens
2019-05-30
$1,799,000
$1,799,000 $0
+0.00%
Naresh Mori
Unit 6F 1 Bed 1 Bath 750 Sqft 307 Days 2018-07-24
$749,000
Rachel Yohai
The Corcoran Group
$749,000 Rachel Yohai
The Corcoran Group
2019-05-28
$630,000
$630,000 -$119,000
-15.89%
Bing Bing Xu
Unit 4U Stu 1 Bath - 253 Days 2018-05-14
$475,000
Miyuki Karagiri Grace Hiura
Halstead Property, LLC
$475,000 Miyuki Karagiri Grace Hiura
Halstead Property, LLC
2019-01-23
$413,000
$413,000 -$62,000
-13.05%
Richard Arevalo
Unit 9S9T - - - - -
- - 2019-01-23
$1,150,000
$1,150,000 - Nancy Chu
Andrew Lynagh
Unit 6L - - - - -
- - 2018-12-27
$782,072
$782,072 - Joseph Bondi
Linda Bondi
Unit 19A Stu 1 Bath - 174 Days 2018-06-07
$475,000
Miyuki Karagiri Grace Hiura
Halstead Property, LLC
$475,000 Miyuki Karagiri Grace Hiura
Halstead Property, LLC
2018-11-29
$460,000
$460,000 -$15,000
-3.16%
Kai Kwok
Phyllis Kwok
Unit 14O 2 Bed 1 Bath - 163 Days 2018-04-16
$750,000
Ellen Hoffman
Halstead Property, LLC
$750,000 Ellen Hoffman
Halstead Property, LLC
2018-09-27
$723,000
$723,000 -$27,000
-3.60%
Fanny L Sun
Larry G Sun
Unit 8R - - - - -
- - 2018-09-01
$0
$0 - Article Iv Trust Uwo Norman Harris Fbo Joanne Harr
Barbara Harris Trustee
Joanne Harris
Unit 14H 1 Bed 1 Bath - 250 Days 2017-12-01
$720,000
Nicole Hatoun
The Corcoran Group
$720,000 Nicole Hatoun
The Corcoran Group
2018-08-09
$680,000
$680,000 -$40,000
-5.56%
Kori L Aronowitz
Scott H Aronowitz
Unit 4V Stu 1 Bath - 117 Days 2018-04-03
$489,000
Miyuki Karagiri Grace Hiura
Halstead Property, LLC
$489,000 Miyuki Karagiri Grace Hiura
Halstead Property, LLC
2018-07-30
$465,000
$465,000 -$24,000
-4.91%
Paulette Chamberlain
Unit PHC 3 Bed 3 Bath - 110 Days 2018-03-22
$2,350,000
Julie S. Perlin
Stribling & Associates
$2,350,000 Julie S. Perlin
Stribling & Associates
2018-07-11
$2,325,000
$2,325,000 -$25,000
-1.06%
Gerald Maher
Maxine Maher
Unit 5D 2 Bed 2 Bath 1300 Sqft 109 Days 2018-03-07
$1,150,000
Richard Murray
KWNYC Tribeca
$1,150,000 Richard Murray
KWNYC Tribeca
2018-06-25
$1,165,000
$1,165,000 $15,000
+1.30%
Samuel Bitterman
Jolie Small
Unit 5T Stu 1 Bath 475 Sqft 222 Days 2017-09-05
$479,000
Patricia Levan
Levan, LLC
$479,000 Patricia Levan
Levan, LLC
2018-04-16
$428,000
$428,000 -$51,000
-10.65%
Hiroshi Matsuyama
Unit 16C - - - - -
- - 2017-12-07
$694,446
$694,446 - Susan Kim
Dean Won
Unit 5K 2 Bed 2 Bath 1050 Sqft 127 Days 2017-07-25
$1,195,000
$1,195,000 Richard Zwerling
Elliman
2017-11-30
$1,200,000
$1,200,000 $5,000
+0.42%
Lissa Bourjolly
Farbod Deylamian
Unit 5U Stu 1 Bath 500 Sqft 93 Days 2017-07-28
$479,000
Nicole Hatoun
The Corcoran Group
$479,000 Nicole Hatoun
The Corcoran Group
2017-10-30
$470,000
$470,000 -$9,000
-1.88%
Jean Hebert Austin
Paulette Austin
Unit 3N 1 Bed 1 Bath 650 Sqft 147 Days 2017-05-18
$639,000
Brian Morgan
Citi Habitats, Inc.
$639,000 Brian Morgan
Citi Habitats, Inc.
2017-10-13
$632,000
$632,000 -$7,000
-1.10%
Ashwin Mallya
Unit 5X Stu 1 Bath 500 Sqft 194 Days 2017-03-01
$449,000
Douglas Perlson
RealDirect Brokerage Services
$449,000 Douglas Perlson
RealDirect Brokerage Services
2017-09-12
$455,000
$455,000 $6,000
+1.34%
Robert Humphreys
Unit 2X Stu 1 Bath - 125 Days 2017-04-24
$425,000
Miyuki Karagiri Grace Hiura
Halstead Property, LLC
$425,000 Miyuki Karagiri Grace Hiura
Halstead Property, LLC
2017-08-28
$425,000
$425,000 $0
+0.00%
Michael L Beck
Unit 9N 1 Bed 1 Bath - 146 Days 2017-02-28
$650,000
Julie Weintraub
Akam Sales & Brokerage, Inc.
$650,000 Julie Weintraub
Akam Sales & Brokerage, Inc.
2017-07-25
$635,000
$635,000 -$15,000
-2.31%
- Private -
Unit 19B 1 Bed 1 Bath - 84 Days 2017-04-04
$645,000
Miyuki Karagiri Grace Hiura
Halstead Property, LLC
$645,000 Miyuki Karagiri Grace Hiura
Halstead Property, LLC
2017-06-28
$645,000
$645,000 $0
+0.00%
Caroline M Anderson
Unit 10W Stu 1 Bath - 92 Days 2017-03-22
$479,000
Nicole Hatoun
The Corcoran Group
$479,000 Nicole Hatoun
The Corcoran Group
2017-06-23
$470,000
$470,000 -$9,000
-1.88%
Jennifer N Livak
Unit 20H 2 Bed 2 Bath - 217 Days 2016-11-03
$1,475,000
Peter Grazioli
Halstead Property, LLC
$1,475,000 Peter Grazioli
Halstead Property, LLC
2017-06-09
$1,115,000
$1,115,000 -$360,000
-24.41%
Shi Yuan Chen
Lisha Zhou
Unit 16M 2 Bed 2 Bath - 207 Days 2016-10-19
$1,299,000
$1,299,000 Matthew Gulker
Elliman
2017-05-15
$1,220,000
$1,220,000 -$79,000
-6.08%
Nitin Magoo
Vijeta Magoo
Unit 10016 - - - - -
- - 2017-05-12
$615,000
$615,000 - Joshua Chait
Yukako Mito
Unit 18A Stu 1 Bath - 122 Days 2016-12-01
$460,000
Julie Perlin
Stribling & Associates
$460,000 Julie Perlin
Stribling & Associates
2017-04-03
$460,000
$460,000 $0
+0.00%
Pin-jung Chen
Unit 12B - - - - -
- - 2017-03-10
$585,000
$585,000 - Jack Reznicki
Regina Riesenburger
Unit 17J - - - - -
- - 2017-03-03
$950,000
$950,000 - Carolyn A Sebba
Unit 11X - - - - -
- - 2017-02-07
$430,000
$430,000 - Kaki Emma Wehmann
View All Transactions at 305 E 40th St

Nearby Schools

(within attendance boundary)
RIVER SCHOOL (THE)  •  0.27 mi
425 E 35th St, New York, NY 10016
Public  •  Elementary  •  Grades PK to 5
New York City Geographic District # 2
JHS 104 SIMON BARUCH  •  0.96 mi
330 E 21st St, New York, NY 10010
Public  •  Middle School  •  Grades 6 to 8
New York City Geographic District # 2
127 E 22nd St, New York, NY 10010
Public  •  High School  •  Grades 6 to 12
New York City Geographic District # 2
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
Room By Room Floorplans and Photos
The apartment appears to have the following available photos. Note that all categories are based on data provided by the agent or firm advertising the sale, our internal listings quality team, and our HopScore machine vision algorithms. In total, the listing has 6 photos or floorplans, and we present a breakdown of each photo with the associated room or features.
Living
Kitchen
Bed
Bath
Floorplan
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