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The Hamilton, 305 East 40th Street, #17E

Listing no longer available on CityRealty as of Jul 31, 2024
It previously was on the market for a total of 119 days.
Last Sold on Jul 30, 2024 for $605,000
1 bed, 1 bath
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  • Buyers
  • Nicole Hofstetter
  • Michele V Lennon
  • Sellers
  • Edwin C. Badillo, As Trustee
  • The Edwin C. Badillo Revocable Trust
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6 apartments are currently available in this building.
119 days on Market

Pricing History

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Key Details

  • Listed: Apr 3, 2024
    Last Price Change: ($10,000) on Jul 31
    Days on Market: 119
    Building Type: Cooperative
    Neighborhood: Turtle Bay/United Nations (Manhattan)
    Doorman: FT Doorman
    Listing viewed 238 times
Monthly Maintenance: $1,406
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $4,413
Note: the above is based on a down payment of 25% ($151,250), which is the minimum amount permitted by the building.

Description

Modern features and thoughtful updates in one of Midtown East’s premier, full service co-ops.

Welcome home to apartment 17E at The Hamilton. This high-floor, sun filled 1Bed/1Bath offers the uncommon combination of functional space and a turnkey, modern renovation.

The unit’s open concept living room spans nearly 30’ from end to end, allowing the next owner to accommodate living, dining, and a work from home setup comfortably.

The layout was fully reimagined by the current owners, with the previously closed galley kitchen being expanded and opened to the living room. The updated kitchen includes sleek white countertops, stainless steel appliance package, and a comfortable breakfast bar.

Throughout the top to bottom renovation, the owners included a variety of high-end features that truly distinguish 17E from other co-op units.- Two zone Nest thermostat system for heating and cooling- Ample ceiling lights throughout both the living and bedroom- In sink disposal- Fully built out closets by California Closets- Soft close cabinetry- Motorized shades in bedroom The building, which recently underwent an extensive lobby renovation, offers full-time doorman, a spacious and well maintained laundry room, on-site parking, and a beautifully landscaped roofdeck.

Additionally, the building has incredibly strong financials and very flexible rules.

The Hamilton permits nearly all purchase structures including gifts, co-purchase, guarantors, pied-a-terre, and purchasing under trust, making it an ideal purchase for virtually every buyer.

The cherry on top: the monthly payments for this apartment are actually lower than what you would pay in rent for a similar product. The average price of a 1BR w/ Doorman in Manhattan is >$5000/month. With 25% downpayment (building minimum) and a 7% interest rate, the all-in monthly payment (including maintenance) comes out to $4375/month.

Please note, pets are not permitted.

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Apartment Amenities

  • City View

About The Hamilton, 305 East 40th Street

55

The Hamilton, 305 East 40th Street has received a CityRealty Rating of 55, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

22
Out of 44
+
24
Out of 36
+
9
Out of 39
=
55
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Average Mix 2 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
More than 15 0 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 1983
  • Concierge
  • FT Doorman
  • Post War
  • Resident Storage
  • Central AC
  • Full Service Garage
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator

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Other Apartments Available in this Building (6)

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