Estimated payment $3,857/month
Highlights
- City View
- 3-minute walk to 34 Street-Penn Station (A,C,E Line)
- Elevator
- P.S. 33 Chelsea Prep Rated A
- Wood Flooring
- 4-minute walk to Penn South Playground
About This Home
Investors Only - Tenant in place through 04/30/2027 paying $3000 Sleek and Sophisticated Studio in the Heart of Midtown South
Experience the epitome of Manhattan living in this luminous studio at 408 8th Ave, Apartment 8B. Perched on the 8th floor, this refined residence offers a seamless blend of modern elegance, comfort, and prime location in one of the city’s most dynamic neighborhoods. Residence Features:
Sun-Drenched Interiors: Bathed in natural light from Western-facing windows, the space glows with warmth and radiance, creating an inviting and serene ambiance.
Smart, Stylish Layout: Thoughtfully designed to maximize both functionality and style, this studio features a sleek kitchen equipped with dishwasher. Building Amenities:
Full-Time Doorman: Enjoy 24/7 security and concierge service, providing both peace of mind and convenience.
On-Site Laundry: Effortless access to in-building laundry facilities, making daily living stress-free. Exceptional Location:
Unparalleled Connectivity: Situated directly across from Moynihan Train Hall, you’ll have instant access to Amtrak, LIRR, and subway lines A, C, E, and 1, 2, 3—perfect for seamless city commuting. Entertainment & Culture at Your Doorstep: Madison Square Garden a stones throw away, offering world-class sports and entertainment. Moments from Hudson Yards: Just two blocks from Hudson Yards and the scenic Hudson River esplanade, where you can indulge in upscale shopping, fine dining, and tranquil waterfront strolls. Your Midtown Sanctuary Awaits
More than just a residence, this impeccably located studio offers an elevated lifestyle with unmatched access to Manhattan’s best. Whether you’re seeking a vibrant city base or a sophisticated pied-à-terre, this Midtown gem delivers on every level.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,152
Year Built
- Built in 1986
HOA Fees
- $543 Monthly HOA Fees
Home Design
- Entry on the 8th floor
Interior Spaces
- 1 Full Bathroom
- 401 Sq Ft Home
- Wood Flooring
- City Views
- Dishwasher
Outdoor Features
- Balcony
Utilities
- No Cooling
- No Heating
Listing and Financial Details
- Legal Lot and Block 1018 / 00780
Community Details
Overview
- 29 Units
- Chelsea Subdivision
- 12-Story Property
Amenities
- Laundry Facilities
- Elevator
Home Values in the Area
Average Home Value in this Area
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 | $7,819 | $62,044 | $5,555 | $56,489 |
| 2024 | $7,819 | $62,541 | $5,555 | $56,986 |
| 2023 | $7,352 | $63,073 | $5,555 | $57,518 |
| 2022 | $8,068 | $70,028 | $5,555 | $64,473 |
| 2021 | $7,726 | $68,142 | $5,555 | $62,587 |
| 2020 | $8,009 | $75,468 | $5,555 | $69,913 |
| 2019 | $7,415 | $73,445 | $5,555 | $67,890 |
| 2018 | $6,769 | $62,977 | $5,555 | $57,422 |
| 2017 | $6,264 | $55,229 | $5,555 | $49,674 |
| 2016 | $6,099 | $57,743 | $5,555 | $52,188 |
| 2015 | $3,197 | $48,411 | $5,554 | $42,857 |
| 2014 | $3,197 | $45,584 | $5,555 | $40,029 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2025 09/30/25 | Price Changed | $525,000 | -4.5% | $1,309 / Sq Ft |
| 09/10/2025 09/10/25 | Price Changed | $550,000 | -4.3% | $1,372 / Sq Ft |
| 08/28/2025 08/28/25 | For Sale | $575,000 | 0.0% | $1,434 / Sq Ft |
| 05/23/2024 05/23/24 | Rented | $3,000 | 0.0% | -- |
| 05/22/2024 05/22/24 | Under Contract | -- | -- | -- |
| 05/22/2024 05/22/24 | For Rent | $3,000 | +3.6% | -- |
| 04/13/2023 04/13/23 | Rented | $2,895 | 0.0% | -- |
| 03/06/2023 03/06/23 | For Rent | $2,895 | +5.3% | -- |
| 06/03/2022 06/03/22 | Rented | $2,750 | 0.0% | -- |
| 05/10/2022 05/10/22 | Price Changed | $2,750 | 0.0% | -- |
| 05/10/2022 05/10/22 | For Rent | $2,750 | +12.2% | -- |
| 04/20/2022 04/20/22 | Off Market | $2,450 | -- | -- |
| 04/20/2022 04/20/22 | Off Market | $2,395 | -- | -- |
| 07/09/2019 07/09/19 | For Rent | $2,750 | +1.9% | -- |
| 07/09/2019 07/09/19 | Rented | -- | -- | -- |
| 11/03/2015 11/03/15 | Rented | -- | -- | -- |
| 10/04/2015 10/04/15 | Under Contract | -- | -- | -- |
| 08/25/2015 08/25/15 | For Rent | $2,700 | +10.2% | -- |
| 09/11/2014 09/11/14 | Rented | -- | -- | -- |
| 09/11/2014 09/11/14 | Rented | $2,450 | 0.0% | -- |
| 08/12/2014 08/12/14 | Under Contract | -- | -- | -- |
| 07/23/2014 07/23/14 | For Rent | $2,450 | +2.3% | -- |
| 04/08/2014 04/08/14 | Rented | -- | -- | -- |
| 04/08/2014 04/08/14 | Rented | $2,395 | 0.0% | -- |
| 03/09/2014 03/09/14 | Under Contract | -- | -- | -- |
| 02/11/2014 02/11/14 | For Rent | $2,395 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $425,000 | -- | |
| Deed | $425,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $275,000 | No Value Available | |
| Previous Owner | $112,000 | No Value Available |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20044768
APN: 0780-1018
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