Forty West Fifty Fi

Forty West Fifty Fi is a condo located 40 West 55th Street, in Midtown, New York. The building was first built in 1925 and is 99 years old. It was first renovated and altered in 1985. But was most recently renovated and altered in 1998. The lot that the building was built on is 75 feet wide and 100 feet long. The official lot area is listed as 7,531 square feet. The building itself is 75 feet wide and 84 feet long. In total, 40 West 55th Street has a total floor area of 45,658 square feet. Of that, 42,107 square feet are used for residential purposes. About 3,551 square feet of the building are used for commercial purposes. There are a total of 39 units. Of those, 35 are residential units. There are 4 commercial units. 40 West 55th Street has a total of 10 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? 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. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 73 closings on record, of which we have matching data for 14 listings. In the past 3 years, a listing in this building will typically remain on the market for about 186 days Meaning, listings tend to sell at a median of $1,473 price per square foot. The transaction that took the longest to complete was unit PHS, listed on Jul 23, 2018 for $1,795,000. This particular unit ultimately sold 330 days later for $1,429,940. The most recent transaction was for unit 7C, which was first advertised on Mar 15, 2023, sold for $1,350,000 on Oct 24, 2023. Fun fact, the oldest transaction we have on record took place on Apr 11, 1997. See the full transaction history for Forty West Fifty Fi below.

Midtown, where 40 West 55th Street is located, has a median asking price of $2,000,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,850,000. For interested buyers, that means the building's median asking price is around 0.08% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo 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 $2,195,000. It is a 1,354 sqft 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $1,175,000. It is a 1,070 sqft 2 bedroom and 2 bathroom unit. A breakdown of active listings shows no studio, no one-bedroom, 4 two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $1,274,500. Collectively, the median square footage of these active units for sale is 1,070 sqft. Active units for sale at 40 West 55th Street are mostly 2-bedroom apartments Active units for sale at 40 West 55th Street have a median count of 2 bedrooms and have a median count of 2 bathrooms.