Active

$3,700,000

402 W 40th St, New York, NY 10018

2beds

4,337sqft

Mixed Use

Built in 1950

-- sqft lot

$3,487,500 Zestimate^®

$853/sqft

$-- HOA

What's special

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.

56 days
520
11

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

$3,487,500

$3.31M - $3.66M

$6,341/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