A Midtown West asset with redevelopment and value-add potential!
402 West 40th Street is positioned between Ninth and Tenth Avenues,just steps from Times Square, Hudson Yards and the Port Authority Bus Terminal. Currently configured as one ground-floor commercial unit an done residential unit above, the property totals approximately 4,337square feet and offers significant redevelopment and value-add potential in one of Manhattan's highest-density corridors.
Active
$3,700,000
402 W 40th St, New York, NY 10018
2beds
4,337sqft
Mixed Use
Built in 1950
-- sqft lot
$-- Zestimate®
$853/sqft
$-- HOA
What's special
- 6 days |
- 183 |
- 8 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Fischer Group Realty, LLC 212-563-4272,
Anita Fischer,
Mert Basol
Source: StreetEasy,MLS#: S1837920
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Appliances
- Included: Washer/Dryer
- Laundry: Inside
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 4,337
- Total interior livable area: 4,337 sqft
Property
Accessibility
- Accessibility features: Wheelchair Access
Features
- Patio & porch: Other, Deck
- Exterior features: Courtyard, Garden, Private Roof Deck
- Has view: Yes
- View description: City, Skyline
Details
- Parcel number: 007370040
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Materials
- Roof: Roof Rights
Condition
- Year built: 1950
Community & HOA
Community
- Subdivision: Hudson Yards
HOA
- Has HOA: Yes
- Amenities included: Laundry, Roof Deck
Location
- Region: New York
Financial & listing details
- Price per square foot: $853/sqft
- Tax assessed value: $7,015,000
- Annual tax amount: $23,939
- Date on market: 7/13/2026
Estimated market value
Not available
Estimated sales range
Not available
$6,547/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Listed for sale | $3,700,000+4.2%$853/sqft |
Source: StreetEasy #S1837920 Report a problem | ||
| 3/12/2026 | Listing removed | $3,550,000$819/sqft |
Source: StreetEasy #S1794915 Report a problem | ||
| 2/26/2026 | Price change | $3,550,000-5.3%$819/sqft |
Source: StreetEasy #S1794915 Report a problem | ||
| 1/28/2026 | Price change | $3,750,000-6.3%$865/sqft |
Source: StreetEasy #S1794915 Report a problem | ||
| 10/9/2025 | Listed for sale | $4,000,000+788.9%$922/sqft |
Source: StreetEasy #S1794915 Report a problem | ||
| 9/22/1998 | Sold | $450,000$104/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,939 +0.8% | $420,900 -9.3% |
| 2024 | $23,759 +4.8% | $463,860 +11.1% |
| 2023 | $22,664 | $417,540 +24.5% |
| 2022 | -- | $335,340 +3% |
| 2021 | -- | $325,440 +3.3% |
| 2020 | -- | $315,120 +15% |
| 2019 | $20,207 +3.9% | $274,020 +194.7% |
| 2018 | $19,454 +8.8% | $92,998 +6% |
| 2017 | $17,885 +10.6% | $87,735 +6% |
| 2016 | $16,168 | $82,771 |
| 2015 | $16,168 +65.6% | $82,771 +0.8% |
| 2014 | $9,763 | $82,148 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Hudson Yards
Nearby schools
GreatSchools rating
- 6/10P.S. 51 Elias HoweGrades: PK-5Distance: 0.3 mi
- 4/10Middle 297Grades: 6-8Distance: 1.9 mi
- 7/10Professional Performing Arts High SchoolGrades: 6-12Distance: 0.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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