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The Bryant, 16 West 40th Street

Between Fifth Avenue & Sixth Avenue

Key Details

  • Year Built 2017
    Building Type Condominium
    Neighborhood Midtown West
  • Total Apartments 57
    Total Floors 34
    Doorman FT Doorman
$3,153
Avg. Price / ft2
$92
Avg. Price / ft2
$2,596
Avg. Price / ft2

Rating

27
Out of 44

Architecture Rating: 27 / 44

+
30
Out of 36

Location Rating: 30 / 36

+
18
Out of 39

Features Rating: 18 / 39

+
9
=
84

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
  • #39 Rated condo - Midtown
  • #19 Rated condo - Midtown West
 

Description

This handsome, 34-story mixed-use tower at 16 West 40th Street was erected in 2017 by the HFZ Capital Group of which Ziel Feldman is a principal. 

Mr. Feldman’s other Manhattan projects include several of the city’s most attractive pre-war residential buildings such as the Belnord at 225 West 86th Street, the Marquand at 11 East 68th Street, the Chatsworth at 340 West 72nd Street and the Astor at 235 West 75th Street.

The building, which is known as The Bryant, was designed by David Chipperfield Architects and was a long vacant site on one of the city’s most impressive blocks.

Mr. Chipperfield’s other projects include the lovely pancaked America’s Cup building in Valencia, Spain, for the 2007 yacht race, the Figge Art Museum in Davenport, Iowa, and the BBC Scotland building at Pacific Quay in Glasgow.

With Julian Harrap Architects, Mr. Chipperfield restored in 2009 the World War II ruins of the Egyptian Museum and the Museum of Pre- and Early History on Spree Island that was originally designed by Fredrick August Stueler to extend the Altes Museum designed by Stueler’s teacher, Karl Fredrich Schinkel on Museum Island in East Berlin.

Stonehill & Taylor are the architects of record for The Bryant.

It is across from 40th Street from an entrance to Bryant Park behind the New York Public Library.

It will have 57 condominium apartments on floors 16 through 34 and 215 hotel rooms on floors 2 through 15.

HFZ purchased the site in 2010 for about $46 million out of foreclosure and some of its partners in 2013 sold their stakes for $83 million, according to an article by Adam Pincus in the February 4, 2014 edition of therealdeal.com.

The article said that the project’s financing included a large amount of funds from foreign investors seeking permanent residency through a minimum investment of $500,000 through the U.S. Citizenship & Immigration Services’ EB-5 program and that HFZ received $52.5 million of the total project cost of $252.8 million through the EB-5 program.

“About $143 million of the remaining funding will come from bank financing,” the article continued, “while developers will put in $57.4 million in equity, according to a Florida company called the US Immigration Fund.”

The Starwood Capital Group had announced in 2007 that it intended to open a “1” Hotel in a tower planned for the site that had been designed by Morris Adjmi, but when that project collapsed the site was sold to the Feldman Group.

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Building Amenities

  • Concierge
  • FT Doorman
  • Hi Rise
  • Post War
  • Basement Storage
  • Central AC
  • Full Service Garage
  • Roof Deck
  • Elevator
  • Lounge
  • Fitness Center
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Bike Room
  • Terraces / Balconies
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Apartments for Sale at 16 West 40th Street (11)

11
Available Apts
$2.5M - $16.3M
Price Range
$3,153
Avg. Price / ft2
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Apartments for Rent at 16 West 40th Street (2)

2
Available Apts
$9,995
Prices Start At
$92
Avg. Price / ft2
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Carter Horsley's Review

Carter Horsley's Building Review
"This handsome, 34-story mixed-use tower at 16 West 40th Street was erected in 2017 by the HFZ Capital Group of which Ziel Feldman is a principal. 
Mr. Feldman’s other Manhattan projects include several of the city’s most attractive pre-war residential buildings such as the Belnord at 225 West 86th Street, the Marquand at 11 East 68th Street, the Chatsworth at 340 West 72nd Street and the Astor at 235 West 75th Street." Read Carter's Full Review
Pros
  • Overlooks NY Public Library and Bryant Park
  • Mixed-use building
  • Doorman
  • Convenient to Murray Hill
  • Convenient to Times Square
  • Close to Subway
  • Hotel services
  • Fitness center
  • Pets are allowed
Cons
  • No swimming pool
  • No sidewalk landscaping
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More Neighborhood Info

Subways

  1. 7
  2. B
  3. D
  4. F
  5. M
at 5th-6th Aves and 42nd 0.11 miles
  1. 4
  2. 6
  3. 5
at Madison Ave and 42nd 0.20 miles
  1. E
  2. C
  3. A
  4. S
  5. R
  6. N
  7. 3
  8. 2
  9. 1
  10. Q
at Broadway and 40th 0.25 miles
 
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$2,596
Avg. Price / ft2
Based on 24 Sales
 

Closing History - Last 10 sales

View All Closed Transactions
10
Units Sold
$2.4M - $5.2M
Price Range
$2,640
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 800 Available for Sale
  • $2,069 Avg. Price / Ft2
  • $3,539,561 Avg. Price
  • $1,495,000 Median Price
  1. Most Expensive Atelier Apt 45FL | $85,000,000
    Price / ft2 $5,667
  2. Least Expensive Carnegie House Apt 20L | $250,000
Not enough data available to generate chart.
  • 451 Available for Rent
  • $81 Avg. Price / Ft2
  • $7,516 Avg. Price
  • $5,175 Median Price
  1. Most Expensive One57 Apt 80 | $125,000
    Price / ft2 $240
  2. Least Expensive 463 West 57th Street Apt 2B | $1,850
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 610 Total Sales
  • $1,815 Avg. Price / Ft2
  • $2,647,942 Avg. Price
  • $1,127,500 Median Price
  1. Most Expensive 220 Central Park South Apt 50 | $239,958,219
    Price / ft2 $10,420
  2. Least Expensive The Whitby Apt 301 | $155,000

Alternate Addresses

  • 14 West 40th Street
  • 18 West 40th Street
  • 20 West 40th Street
  • View at Bryant Park

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