402 W 40th Street, New York City, NY 10018 - Photo 1

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$3,295,000

For Sale
Active
Multi-Family
2 Total Beds
Updated 5 days ago

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Property Description

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.

Full Property Details

Full Property Details for 402 W 40th St

General

Price: $3,295,000
Taxes: $23,369
Status: Active
Type: Multi-Family
Source: REBNY
MLS ID: RLS20118903
Updated: 10/5/2026
Added to Site: 89 day(s) ago

Interior

Number of Rooms: 5

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 2

Other Rooms

Laundry: See Remarks

Additional Information

Equipment: Intercom

Exterior

Exterior Features: Private Outdoor Space Under 60 Sqft
Porch/Patio/Deck: Patio

Location

County: New York
Subdivision: Hell's Kitchen
Cross Streets: Ninth Avenue/Tenth Avenue

Community

Pets Allowed: Yes

Structural Information

Architectural Style: Prewar, Walk-Up
Stories/Levels: 3
Square Feet: 4,337
Living Area: 4,337 Sq. Ft.
Year Built: 1917

Lot Features

Lot Size: 1800.54
Lot Dimensions: 18.25 x 98.66

Financial Considerations

Tax Amount: $23,369

Disclosures and Reports

Property ID: 0737-0040
Block: 737
Lot Number: 40

Listing Courtesy of Fischer Group Realty LLC

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Listing agents

— 402 W 40th St —

Fischer Group Realty LLC
Fischer Group Realty LLC

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Schools

Schools serving 402 W 40th St

School District:New York City Geographic School District 02

Name	Grades	Distance
P.S. 51 Elias Howe 525 West 44th Street, New York, NY 10036	PK-5	0.3 mi
Middle 297 75 Morton St, New York, NY 10038	6-	1.9 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 402 W 40th St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/13/2026

Listed

$3,295,000

632.22%

MLS

9/22/1998

Sold

$450,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 402 W 40th St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$23,654

3%

$119,190

—

2024

$22,996

—

$119,190

1%

2024

$22,996

6%

$118,292

6%

2023

$21,651

5%

$111,598

-67%

2022

$20,640

2%

$335,340

3%

2021

$20,192

-1%

$325,440

3%

2020

$20,365

2%

$315,120

15%

2019

$19,962

6%

$274,020

195%

2018

$18,795

9%

$92,998

6%

2017

$17,239

8%

$87,735

6%

2016

$15,926

100%

$82,771

—

2016

-100%

$82,771

1%

2014

$14,574

12%

$82,148

6%

2013

$13,017

—

$77,499

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 402 W 40th St

402 W 40th Street, New York City, NY 10018 (MLS# RLS20118903) is a Multi-Family property with 0 units containing 2 bedrooms, 1 full bathroom and 1 partial bathroom. 402 W 40th Street is currently listed for $3,295,000 and was received on July 13, 2026. Want to learn more about 402 W 40th Street? Do you have questions about finding other Multi-Family real estate for sale in New York City? You can browse all New York City real estate or contact a Coldwell Banker agent to request more information.

402 W 40th St New York City, NY 10018