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The Hamilton, 305 East 40th Street, #5K

$1,160,000 | 2 beds, 2 baths
Building Profile  | 
65 days on Market

Key Details

  • Listed: Jul 31, 2024
    Last Price Change: ($35,000) on Sep 26
    Days on Market: 65
    Building Type: Cooperative
    Neighborhood: Turtle Bay/United Nations (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $2,241
Est. Monthly Mortgage: $5,357
Total Est. Monthly Carrying Cost: $7,598
Note: the above is based on a down payment of 25% ($290,000), which is the minimum amount permitted by the building.

Description

Indulge in the luxury of this meticulously renovated 2 bedroom, 2 bath home featuring abundant natural light, two exposures, and a manageable monthly maintenance fee of under $2,300. As you step inside, an elegant foyer welcomes you with 4” express oak plank floors, creating a seamless flow throughout the space. The centerpiece of this freshly painted home is the spacious great room, encompassing a contemporary kitchen, a dining area and an open living area, bathed in eastern and southern light.

The kitchen boasts an impressive island and countertops adorned with elegant white marble, accentuated by a striking chandelier. Stainless steel appliances, including a 36” KitchenAid fridge with French doors, a KitchenAid 4-burner gas range, a Bosch microwave, and a custom paneled Blomberg dishwasher, add both style and functionality. Additionally, the kitchen features white shaker cabinetry with under-counter task lighting, complemented by a white glass tile backsplash.

The generously-sized primary bedroom offers a serene all-white en-suite spa-style bathroom, while the second bedroom benefits from two sunny exposures and a conveniently located bathroom with a tub in the adjacent hall. Conveniently located in Midtown East, The Hamilton is a full-service co-op with close proximity to Grand Central Station, the United Nations, restaurants, shopping, and major transportation hubs. This 21-story co-op provides a 24-hour doorman/concierge, resident manager, central air, landscaped roof deck, garage, storage, and a bike room. The building allows pieds-à-terre, co-purchasing, and guarantors, and is known for its strong financial standing, low maintenance, absence of assessments, and lack of flip tax.

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Listing courtesy of Compass

Pricing History

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About The Hamilton, 305 East 40th Street

55

The Hamilton, 305 East 40th Street has received a CityRealty Rating of 55, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

22
Out of 44
+
24
Out of 36
+
9
Out of 39
=
55
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Average Mix 2 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
More than 15 0 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 1983
  • Concierge
  • FT Doorman
  • Post War
  • Resident Storage
  • Central AC
  • Full Service Garage
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator

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Pros
  • Close to the United Nations
  • Close to Grand Central Terminal and the Grand Central office district
  • Close to parks at Tudor City and the United Nations
  • Close to Murray Hill
  • Good public transportation
  • Doorman
  • Concierge
  • Supermarket in building
  • Some terraces
  • Garage
  • Bicycle / storage room
  • The building has a large, landscaped roof deck
Cons
  • No health club
  • Heavy Second Avenue traffic near entrance to Queens-Midtown Tunnel
  • Congested area
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Subways

  1. 4
  2. 5
  3. 6
  4. 7
at 3rd Ave and 42nd 0.27 miles

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