The Hamilton

The Hamilton is a Co-op located 305 East 40th Street, in Tudor City, New York. The building was first built in 1963 and is 61 years old. The lot that the building was built on is 225 feet wide and 148 feet long. The official lot area is listed as 28,325 square feet. The building itself is 148 feet wide and 235 feet long. In total, 305 East 40th Street has a total floor area of 394,086 square feet. Of that, 359,736 square feet are used for residential purposes. About 34,350 square feet of the building are used for commercial purposes. Additionally, the building has a 24,350 square feet garage. There are a total of 361 units. Of those, 359 are residential units. There are two commercial units. 305 East 40th Street has a total of 21 floors. Thankfully, the building is equipped with elevator service. Residents can access the four elevators in 305 East 40th Street.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 319 closings on record, of which we have matching data for 22 listings. In the past 3 years, a listing in this building will typically remain on the market for about 182 days Meaning, listings tend to sell at a median of $847 price per square foot. The transaction that took the longest to complete was unit 3P, listed on Jul 20, 2020 for $799,000. This particular unit ultimately sold 366 days later for $789,000. The most recent transaction was for unit 20E, which was first advertised on Dec 28, 2023, sold for $499,900 on Feb 14, 2024. Fun fact, the oldest transaction we have on record took place on Mar 22, 1979. See the full transaction history for The Hamilton below.

Tudor City, where 305 East 40th Street is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $520,500. For interested buyers, that means the building's median asking price is around 0.31% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

There are currently 4 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $629,000. It is a 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $399,000. It is a studio and 1 bathroom unit. A breakdown of active listings shows 3 studio, 1 one-bedroom, units for sale! The median price of all the active units for sale in the building is $422,500. Active units for sale at 305 East 40th Street are mostly studio apartments and have a median count of 1 bathroom.