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Sold
  • $563,000

    40 Broad St APT 18C, New York, NY 10004

    0beds
    583sqft
    Condominium
    Built in 1986
    -- sqft lot
    $566,300 Zestimate®
    $966/sqft
    $4,319 Estimated rent

    Home value

    $566,300

    $532,000 - $600,000

    $4,319/mo

    Zestimate® history
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    What's special

    Oversized windowsSpa-inspired bathroomBreathtaking city viewsLandscaped roof deckSoaring ceilingsRich hardwood floorsSoaking tub
    Discover the exceptional opportunity to own Residence 18C, a sun-drenched studio in Manhattan's vibrant Financial District. This turnkey property is perfect for a 1031 exchange, pied-à-terre, or long-term investment, offering both lifestyle luxury and financial flexibility. Step into a bright, airy space where oversized windows frame serene city views, complemented by soaring ceilings and rich hardwood floors. The sleek open kitchen is equipped with top-of-the-line Sub-Zero, Miele, and Bosch appliances, perfect for both entertaining and everyday convenience. The spa-inspired bathroom features a soaking tub and a glass-enclosed rain shower, while the in-unit washer/dryer adds modern convenience. The efficient layout is designed for personal enjoyment or rental income potential. The building offers a full-service concierge and a 24-hour attended lobby, ensuring a seamless living experience. Enjoy over 44,000 square feet of lifestyle and wellness amenities, including a state-of-the-art fitness center, spa, and a landscaped roof deck with breathtaking city views. Additional amenities include a residents' lounge, game room, and children's play area, all within a pet-friendly, professionally managed condo structure. Located just moments from Brookfield Place, Westfield at the Oculus, and the Tin Building by Jean-Georges, this residence is at the heart of premier dining and nightlife, with Crown Shy, Delmonico's, and The Fulton nearby. The location offers easy access to all major subway lines, ferries, and the Wall Street heliport, enhancing its appeal for renters and investors alike. With its turnkey condition, Residence 18C minimizes additional capital expenditures, making it an attractive investment with strong rental demand and stable resale value. Its flexible property type is ideal for a 1031 exchange, allowing for deferred capital gains and a smooth transition from another investment property. Priced at $625,000, this property is a rare find in a high-demand location. For detailed income and expense information or to schedule a private showing, please contact us. We adhere to all fair housing laws and ensure a professional and respectful transaction.

    Zillow last checked:

    Listing updated:

    Listed by:

    Amalia Daskalakis,

    Corcoran,

    Carl Muehlmann

    Source: StreetEasy,MLS#: S1772031

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Recreation Room
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Washer/Dryer
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 583
    • Total interior livable area: 583 sqft

    Property

    Features
    • Has view: Yes
    • View description: City, Skyline
    Details
    • Parcel number: 000241056
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • Year built: 1986

    Community & HOA

    Community
    • Features: Doorman, Full Time Doorman
    • Security: Doorman, Full-Time Doorman
    • Subdivision: Financial District
    HOA
    • Has HOA: Yes
    • Amenities included: Fitness Center, Elevator(s), Concierge
    • Services included: Maintenance
    • HOA fee: $719 monthly
    Location
    • Region: New York

    Financial & listing details

    • Price per square foot: $966/sqft
    • Tax assessed value: $248,174
    • Annual tax amount: $13,152
    • Date on market: 5/19/2025

    Price history

    DateEventPrice
    1/6/2026Sold$563,000-9.9%$966/sqft
    Source: Public Record Report a problem
    11/19/2025Contingent$625,000$1,072/sqft
    Source: StreetEasy #S1772031 Report a problem
    10/17/2025Listing removed$3,700$6/sqft
    Source: Zillow Rentals Report a problem
    10/2/2025Listed for rent$3,700+5.7%$6/sqft
    Source: Zillow Rentals Report a problem
    7/22/2025Price change$625,000-2%$1,072/sqft
    Source: StreetEasy #S1772031 Report a problem
    5/19/2025Listed for sale$638,000-7.8%$1,094/sqft
    Source: StreetEasy #S1772031 Report a problem
    2/1/2017Sold$691,750-4.6%$1,187/sqft
    Source: Public Record Report a problem
    12/19/2016Pending sale$725,000$1,244/sqft
    Source: Corcoran #3788295 Report a problem
    11/9/2016Price change$725,000-0.7%$1,244/sqft
    Source: Corcoran #3788295 Report a problem
    9/14/2016Listed for sale$730,000+37.6%$1,252/sqft
    Source: Corcoran #3788295 Report a problem
    8/31/2011Listing removed$3,500$6/sqft
    Source: Level Group #12809 Report a problem
    8/26/2011Listed for rent$3,500$6/sqft
    Source: Level Group #12809 Report a problem
    4/1/2010Sold$530,508$910/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,154 -0.6%$111,678 +6.3%
    2024$13,232 -0.5%$105,045 -2.7%
    2023$13,299 $107,982 +4.2%
    2022-- $103,620
    2021-- $103,620 -9.7%
    2020-- $114,720 +2.3%
    2019$6,407 -50.1%$112,140 +3.6%
    2018$12,830 -5.8%$108,223 -12.3%
    2017$13,619 +53.3%$123,395 +3.3%
    2016$8,882 $119,425 +21.8%
    2015$8,882 +801.5%$98,016 +4.2%
    2014$985 $94,087 -6.4%
    2013-- $100,507 +3.1%
    2012-- $97,501 +33.8%
    2011-- $72,896 +10%
    2010-- $66,269 +91.2%
    2009-- $34,656
    Find assessor info on the county website

    Neighborhood: Financial District

    Nearby schools

    GreatSchools rating