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Two Forty

Two Forty

Two Forty
Cooperative Building
240 E 79th St
New York, NY 10075-1257
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

64 Units
16 Stories
1929 Year Built
$444K - $2.1M Value Range

Available Units

For Sale
No Units Available
For Rent
No Units Available

Highlights

  • Doorman
  • P.S. 158 The Bayard Taylor School Rated A
  • Study Lounge
  • Elevator
  • Bike Room
  • Views

Art Deco elegance in the heart of Lenox Hill

Two Forty, a 16-story Art Deco cooperative, stands as a testament to the architectural charm of 1929 New York. Located in the coveted Lenox Hill neighborhood of the Upper East Side, this boutique building houses 64 residences, offering a blend of historic character and modern living. The building's traditional brick facade with a symmetrical entrance sets the tone for the refined living experience within. Two Forty provides residents with a prime location, just steps away from some of Manhattan's most prestigious cultural institutions, upscale shopping, and world-class dining establishments.

Versatile layouts with pre-war charm and modern updates

Two Forty offers a range of apartment configurations to suit various lifestyles, from cozy one-bedrooms to spacious two-bedroom homes. The one-bedroom units, spanning 557 to 700 square feet, are thoughtfully designed with efficient layouts and typically feature one bathroom. These units, priced around $1,000,000, often boast hardwood floors, high beamed ceilings, and large windows that flood the space with natural light. The two-bedroom residences, ranging from 1,150 to 1,400 square feet, offer more generous living spaces with one or two bathrooms. These units, priced between $1,150,000 and $1,175,000, frequently showcase pre-war details such as crown moldings and spacious foyers. Many apartments have undergone renovations, blending original charm with modern amenities. Updated kitchens often feature stainless steel appliances, custom cabinetry, and stone countertops. Some units boast eat-in kitchens with space for a dining table or built-in banquette. Throughout the building, residents enjoy pre-war details such as high ceilings, often reaching 9'-6", original brass hardware, and beautifully refinished hardwood floors. Some apartments feature windowed bathrooms with Art Deco-inspired tile work, while others have been updated with modern fixtures and finishes. Many units offer ample closet space, including walk-in closets in some larger apartments.

Full-service living with classic New York charm

Two Forty offers a range of amenities designed to enhance the living experience of its residents. The building is staffed with a full-time doorman, providing security and convenience around the clock. A live-in superintendent ensures prompt attention to any maintenance needs that may arise. The building's elegant lobby welcomes residents and guests alike. For those who enjoy outdoor space, Two Forty features a furnished courtyard complete with a barbecue grill and children's play set, offering a tranquil retreat from the bustling city streets. Bicycle enthusiasts will appreciate the on-site bike room, while those needing extra storage can take advantage of private storage units available for rent. The building also houses laundry facilities, adding convenience for residents who prefer not to have in-unit washers and dryers. Two Forty is a pet-friendly building, allowing residents to share their homes with their furry companions. The cooperative's policies are relatively flexible, permitting pied-à-terre ownership and allowing up to 75% financing, which can be attractive for a variety of buyers. While the building may not offer some of the ultra-modern amenities found in newer developments, its classic New York charm, attentive staff, and well-maintained common areas create a warm and inviting atmosphere that many residents find irreplaceable.

Lenox Hill: A blend of culture, convenience, and classic Upper East Side charm

Two Forty is situated in the heart of Lenox Hill, a distinguished section of Manhattan's Upper East Side known for its tree-lined streets, cultural institutions, and proximity to world-class medical facilities. The neighborhood strikes a perfect balance between residential tranquility and urban convenience, making it a highly sought-after location for a diverse range of residents. Cultural enthusiasts will find themselves in paradise, with Museum Mile just a short stroll away. The Metropolitan Museum of Art, the Guggenheim, and the Cooper Hewitt Smithsonian Design Museum are all within easy reach. The nearby Frick Collection, set to reopen after extensive renovations, offers an intimate look at European masterpieces in a stunning Gilded Age mansion. For those who enjoy outdoor recreation, Central Park is mere blocks to the west, offering 843 acres of green space, walking paths, and recreational facilities. Closer to home, Carl Schurz Park provides a charming riverside retreat with dog runs, playgrounds, and beautiful East River views. Lenox Hill is renowned for its dining scene, ranging from casual neighborhood eateries to world-class restaurants. Local favorites include JG Melon, known for its classic burgers, and Sushi of Gari, offering innovative Japanese cuisine. Shopping options abound in the neighborhood, with a mix of high-end boutiques, department stores, and specialty shops. The iconic Bloomingdale's flagship store is within walking distance, offering a comprehensive shopping experience. For everyday needs, residents have easy access to Whole Foods, Trader Joe's, and numerous local markets. The area is also home to some of New York's most prestigious schools, both public and private. The Lycée Français de New York, a bilingual French-English school, attracts many international families to the neighborhood. Lenox Hill's prime location puts residents within easy reach of Midtown's business district, making it an ideal home base for professionals. The neighborhood's blend of residential charm, cultural richness, and urban convenience continues to make it one of Manhattan's most desirable areas.

Effortless connectivity in a supremely walkable locale

Two Forty's location in Lenox Hill offers residents exceptional transportation options, making it easy to navigate both the immediate neighborhood and the greater New York City area. The area boasts excellent walkability, with most daily errands and activities easily accomplished on foot. For those venturing further afield, the nearby subway stations provide quick and convenient access to various parts of the city. The 77th Street station, served by the 4 and 6 trains, is just a five-minute walk from the building. This line offers express service to Midtown and Downtown Manhattan, making for an easy commute to major business districts. A ten-minute walk brings residents to the 86th Street station, where they can catch the 4, 5, and 6 trains for additional transit options. Cyclists will find the area accommodating, with bike lanes on many nearby streets and easy access to Central Park's extensive network of cycling paths. While owning a car isn't necessary for most residents due to the excellent public transportation and walkability of the area, those who do drive will appreciate the proximity to major thoroughfares. LaGuardia Airport is about a 20-minute drive, while both John F. Kennedy International and Newark Liberty International airports can be reached in approximately 30 minutes, traffic permitting. For those looking to explore beyond the city, Grand Central Terminal is easily accessible via the 4 and 6 trains, providing connections to Metro-North trains serving the Hudson Valley and Connecticut. The neighborhood's excellent transportation infrastructure, combined with its high walkability, ensures that residents of Two Forty can easily access all that New York City has to offer, whether by foot, bike, subway, or car.

Building Details

Recreation

  • Community Playground

Outdoor Features

  • Community Barbecue Grill

Amenities

  • Views
  • Doorman
  • Study Lounge
  • Laundry Facilities
  • Bike Room
  • Community Storage Space

Condo Association

  • $3,077 Monthly HOA Fees
  • Monthly HOA Fees Range from $2,433 - $3,077
  • Upper East Side Subdivision

Building Design

  • Co-Op
  • High-Rise Condominium
  • Elevator

Activity

Views

1

Unit Information

Unit
6B
16A
Date
12/10/2024
04/24/2025
Beds
2 Beds
2 Beds
Baths
2 Baths
2 Baths
Sq Ft
--
0
Price
$1,162,500
$1,260,000
Price / Sq Ft
--
--

Unit Size and Value Ranges

Studio Units
Sq Ft Range
None Available
Est. Values
$1,712,000
1 Bedroom Units
Sq Ft Range
None Available
Est. Values
$443,639 - $1,712,000
2 Bedroom Units
Sq Ft Range
None Available
Est. Values
$663,110 - $2,054,258
All Units
Sq Ft Range
None Available
Est. Values
$443,639 - $2,054,258

Map

Area Factors

Low Crime

Crime Score®

2 / 10

Very Bikeable

Bike Score®

85 / 100

Walker's Paradise

Walk Score®

99 / 100

Rider's Paradise

Transit Score®

100 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

58 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Area

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Property Tax History

Source: Public Records

Similar Condominium Buildings

Building Team

Property Management
Century Management - Two Forty
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.