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The Hamilton, 305 East 40th Street, #9X

$425,000 ($928 per ft2) | Studio, 1 bath | Approx. 458 ft2
Building Profile  | 
115 days on Market

Key Details

  • Listed: Jul 12, 2024
    Last Price Change: ($10,000) on Sep 3
    Days on Market: 115
    Building Type: Cooperative
    Neighborhood: Turtle Bay/United Nations (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $936 ($2.04/ft2)
Est. Monthly Mortgage: $2,112
Total Est. Monthly Carrying Cost: $3,048 ($6.66/ft2)
Note: the above is based on a down payment of 25% ($106,250), which is the minimum amount permitted by the building.

Description

Luxury Studio at a great price at 305 East 40th Street - The Hamilton. Now asking $425,000. An ideal midtown home or perfect pied-a-terre, Unit 9X is sunny, spacious and features dual exposure with four large windows and over 450 square feet of uninterrupted space. Unusually large for a studio, the home is currently configured with a built-in Murphy bed and massive walk-in closet.

Featuring a newly renovated granite and stainless steel kitchen, tile bath, and new oak hardwood floors. The Hamilton is a lovely full service co-op, conveniently located just off 2nd Avenue, with a bevy of fine dining, nightlife, culture and transportation just outside the door. Boasting a newly renovated lobby, attentive 24 hour staff, proper laundry facility, bike room, and gorgeous landscaped roof deck for residents to enjoy.

All this with ultra-low monthlies!

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Listing courtesy of Corcoran Group

Pricing History

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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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Pros
  • Close to the United Nations
  • Close to Grand Central Terminal and the Grand Central office district
  • Close to parks at Tudor City and the United Nations
  • Close to Murray Hill
  • Good public transportation
  • Doorman
  • Concierge
  • Supermarket in building
  • Some terraces
  • Garage
  • Bicycle / storage room
  • The building has a large, landscaped roof deck
Cons
  • No health club
  • Heavy Second Avenue traffic near entrance to Queens-Midtown Tunnel
  • Congested area
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Subways

  1. 4
  2. 5
  3. 6
  4. 7
at 3rd Ave and 42nd 0.27 miles

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