The Hamilton at 305 East 40th Street is a 21 story co-op building containing 359 apartments, converted in 1983. Located in a prime Midtown East location near Grand Central Terminal and the United Nations, the full service building features a 24 hour doorman, concierge, and live-in superintendent. The building has witnessed significant neighborhood improvements since its 1963 construction, particularly with the relocation of the Daily News headquarters and replacement of the former Eastside Airlines Bus Terminal.
Apartments range from studios to three bedrooms, many featuring 9 foot ceilings and multiple exposures offering views of the United Nations, Tudor City, and the East River. Recent renovations showcase modern finishes including hardwood floors, quartz countertops, and smart home technology. The building maintains strong financials with notably low maintenance charges.
Residents enjoy amenities including a landscaped roof deck, garage, bike storage, and central laundry facilities. The co-op allows pied-à-terre use, co-purchasing, guarantors, and subletting with certain restrictions, though pets are not permitted. The location offers easy access to Tudor City parks, the United Nations gardens, and the dining destinations of Murray Hill and the Flatiron District.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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