$420,000
PENDING $30K PRICE DROP

Estimated payment $3,964/month

Total Views 1,052
-- Bed
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • 5-minute walk to Lexington Avenue-53 Street
  • Laundry Facilities
  • P.S. 59 Beekman Hill International Rated A
  • Garage
  • 5-minute walk to Tramway Plaza

About This Home

OWN FOR LESS THAN RENT!

Enormous alcove studio with lots of quiet privacy and lots of sun from 18 feet of south-facing windows.

The updated kitchen has full-size appliances, including a 24" dishwasher, a 30" stove and microwave oven, and a 33"(W) by 69"(H) by 27"(D) refrigerator.

The bathroom has been reconfigured with a large walk-in shower, and is renovated in an attractive white tile and high-end polished chrome fixtures. There is a double-wide closet next to the bathroom, and two additional closets in the foyer and by the kitchen.

UNLIMITED SUBLETTING IS ALLOWED AFTER ONE YEAR OF OWNERSHIP. There is NO flip tax, and the storage/bike room in the basement is free for shareholders.

240 East 55th Street is a well-managed co-op located off Second Avenue nestled between residential Sutton Place and the East Midtown business district on Third Avenue. Residents enjoy the convenience and luxury of great restaurants, supermarkets, fitness centers, and specialty stores, as well as close proximity to several subway and bus lines. Central Park and the new East River Promenade is a short bike ride or jog away.

Listing Agent

Steen Rasmussen

R New York License #30RA0750399 Listed on: 03/19/2025

R New York

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1959

HOA Fees

  • $1,326 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 5th floor

Additional Features

  • 1 Full Bathroom
  • South Facing Home
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Legal Lot and Block 0030 / 1328

Community Details

Overview

  • Turtle Bay Subdivision
  • 14-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Co-Op

Year Built

Built in 1959

Lot Details

0

HOA Fees

$1,326 per month

Listing Details

  • Cross Street: Third Avenue/Second Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Turtle Bay
  • Entry Level: 5
  • Structure Type: None
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 14

Interior Features

  • Living Area Units: Square Feet
  • Rooms (Total): 2

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • Exterior Features: Building Storage

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Green Building Features: Elevator(s)
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1326.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Total Stories: 14
  • Year Built: 1959

Tax Info

  • Tax Block: 1328
  • Tax Lot: 30

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2025 05/03/25 Price Changed $420,000 -3.4% --
04/09/2025 04/09/25 Price Changed $435,000 -3.3% --
03/19/2025 03/19/25 For Sale $450,000 -- --
03/19/2025 03/19/25 Pending -- -- --
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20010223

Real Estate Board of New York (REBNY)