$2,200,000
$205K PRICE INCREASE

Estimated payment $15,235/month

Total Views 5,057
1 Bed
2 Baths
950 Sq Ft
$2,316 Price per Sq Ft

Highlights

  • City View
  • 3-minute walk to 5 Avenue-59 Street
  • Elevator
  • East Side Elementary School, P.S. 267 Rated A
  • Terrace
  • 4-minute walk to Grand Army Plaza

About This Home

A Rare Find! A Pre-War Condo - with two terraces, that can be purchased as a LLC, Trust or Pied-E-Terre, with no co-op board approval needed! This luxury apartment is located on an esteemed block between Madison and Park Avenues. The turnkey home is being sold fully furnished with up-scale furniture and can also be delivered unfurnished too; including a queen bed, a modern dining table, a designer lounge and chairs, two TVs and terrace furniture on both balconies. Turn the key and move right into this one-bedroom condo with two full marble bathrooms. The apartment is replete with custom Art Deco moldings, cabinetry, and a decorative fireplace. The luxurious entry hall is lined with marble and mirrored throughout.

The living room can be divided into a guest bedroom with kitchen access and its own private full marble bathroom. The fully stainless steel kitchen is complete with a Sub-Zero refrigerator combined with other top shelf appliances. There are two new air-conditioning units complete with washer/dryer hook-ups already installed. This corner unit has two lush landscaped terraces, which come with their own outdoor furniture. This sunny, corner, floor-through home has three exposures. Completely remodeled and updated, this beautiful home is ready to move into!

40 East 61st Street is a charming pre-war condominium featuring 24-hour door attendants, a dedicated live-in superintendent, and a mere two blocks from Central Park. You'll find an abundance of restaurants, bars, cafes, and high-end shops in the vicinity, along with convenient access to subway lines including the 4, 5, 6, F, N, Q, R, and W. Pied-E-Terre, LLC or Trusts purchases are allowed and pets are warmly welcomed!.

Listing Agent

Peter McLean

Corcoran Group License #10401318818 Listed on: 07/18/2025

Corcoran Group

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1927

HOA Fees

  • $1,788 Monthly HOA Fees

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 950 Sq Ft Home
  • Decorative Fireplace
  • City Views
  • Washer Hookup

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Terrace

Utilities

  • Cooling Available

Listing and Financial Details

  • Legal Lot and Block 1040 / 01375

Community Details

Overview

  • 36 Units
  • High-Rise Condominium
  • Lenox Hill Subdivision
  • 19-Story Property

Amenities

  • Elevator

Property Details

Home Type

Condominium

Year Built

Built in 1927

Lot Details

0

HOA Fees

$1,788 per month

Listing Details

  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lenox Hill
  • Entry Level: 10
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 950.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 1

Exterior Features

  • View: City Lights, City, Panoramic
  • View: Yes
  • Exterior Features: Balcony, Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: Terrace, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, Washer Hookup
  • Green Building Features: Elevator(s)
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1788.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Zoning Description: C5-1

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 36
  • Total Stories: 19
  • Year Built: 1927

Tax Info

  • Tax Block: 01375
  • Tax Lot: 1040

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,498 $183,310 $38,704 $144,606
2024 $22,498 $179,954 $38,704 $141,250
2023 $21,465 $174,982 $38,704 $136,278
2022 $20,886 $185,198 $38,704 $146,494
2021 $19,861 $161,909 $38,704 $123,205
2020 $20,503 $180,099 $38,704 $141,395
2019 $19,760 $175,890 $38,704 $137,186
2018 $19,340 $163,596 $38,704 $124,892
2017 $18,769 $155,456 $38,704 $116,752
2016 $18,609 $152,656 $38,704 $113,952
2015 $10,764 $142,226 $38,704 $103,522
2014 $10,764 $146,327 $38,704 $107,623
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2025 11/03/25 Price Changed $2,200,000 +10.3% $2,316 / Sq Ft
07/18/2025 07/18/25 For Sale $1,995,000 -- $2,100 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $1,625,000 --
Deed $1,275,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $637,000 Purchase Money Mortgage
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20037771

Real Estate Board of New York (REBNY)

APN: 1375-1040