240 East 55th Street, Unit 7BG

240 E 55th St
Midtown East

$2,950,000
Price
4
Beds
2,800 Sq. Ft.
$1,054 / Sq. Ft.
2,800
Sq. Ft.
$1,054
per Sq. Ft.

Description

Move right into this gut-renovated mint-condition residence with 1,000 square feet of open entertaining space, 3 bedrooms, an office/den and 3 ½ bathrooms. A grand foyer opens into the massive entertaining space, which boasts 35 feet of wall-to-wall windows, a state-of-the-art kitchen, and an expansive living and dining room ideal for receptions, cocktail parties and family gatherings. The chef’s kitchen features a huge island with a hidden pull-out table that seats four. All of the appliances are...Move right into this gut-renovated mint-condition residence with 1,000 square feet of open entertaining space, 3 bedrooms, an office/den and 3 ½ bathrooms. A grand foyer opens into the massive entertaining space, which boasts 35 feet of wall-to-wall windows, a state-of-the-art kitchen, and an expansive living and dining room ideal for receptions, cocktail parties and family gatherings. The chef’s kitchen features a huge island with a hidden pull-out table that seats four. All of the appliances are high-end luxury, including oversized Thermador refrigerator and freezer columns, a 92-bottle wine cooler, a beverage refrigerator, two dishwashers, two sinks, two ovens, a built-in Miele coffee machine, and a professional 6-burner stove. There is a walk-in pantry and abundant cabinet and counter space. Off the entrance foyer is a windowed laundry room and a windowed guest powder room. At the end of the foyer is the family wing consisting of 3 bedrooms, each with its own en-suite bathroom, as well as a large office/den. All four rooms have wall-to-wall south-facing windows and open city views. The 17’x23’ Primary Bedroom Suite features two walk-in closets, a built-in desk/cabinetry, and a private entrance from the elevator hallway. Storage space is plentiful, with multiple customized closets and built-in shelving. There is new hardwood flooring, recessed lighting, automatic window blinds, a Sonos speaker system, and high speed Wi-Fi wiring/cable. The apartment is available furnished if desired for an additional fee. 240 E 55th Street is an established, sought-after building on a quiet block in Midtown East, with the coveted Blue Ribbon school PS 59 (Pre-K—5th) right around the corner. The building is steps from Whole Foods, Bloomingdale’s, Pecora Bianca, Lobster Club, PJ Clarke’s, East River Esplanade, Central Park, tennis courts, dog runs, and multiple garages and subways. Storage/bike room and laundry room in the basement. Pieds-a-terre and co-purchases allowed; subletting permitted after 1 year. Part-time doorman, full-time porter, and live-in super. Financing allowed up to 75%. NO flip tax.

Amenities

  • Corner Unit
  • Part-Time Doorman
  • City Views
  • Columns
  • Private Entrance
  • Elevator
  • Washer / Dryer
  • Washer / Dryer in Unit
LISTING UPDATED: 12/17/2025 11:56 AM

Property Details for 240 East 55th Street, Unit 7BG

StatusActive
MLS IDRLS20050532
Days on Market90
Taxes-
Maintenance$6,520 / month
Min. Down Pymt25%
Total Rooms8.0
Compass TypeCo-op
MLS TypeCo-op
Year Built1959
CountyNew York County

Building

240 E 55th St

99 Units15 StoriesBuilt in 1959

Location

Listing Courtesy of R New York
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Building Information for 240 East 55th Street, Unit 7BG

Building/Complex240 E 55th StFloor7Stories15Residences99Pet PolicyOnly Cats AllowedPet Policy DetailsCase by CaseYear Built1959Building AgePost-war

Payment Calculator

$20,186 per month

30 year fixed, 6.28% Interest

Principal and Interest

$13,666

Property Taxes

$0

Maintenance/Common Charges

$6,520

The Payment Calculator is for illustrative purposes only.

Property Information for 240 East 55th Street, Unit 7BG

Summary
Location and General Information
  • Subdivision Name: Turtle Bay
  • Cross Street: Third Avenue/Second Avenue
  • Stories Total: 14
  • Exposures: North, South
Taxes and HOA
  • Tax Lot: 0030
  • Tax Deduction Percent: 64.00%
  • Tax Block: 1328
  • Flip Tax Type: Percent
  • Association Fee Frequency: Monthly
  • Flip Tax: $0
  • Tax Deduction Amount: $417,280
  • Building Tax Lot: 0030
  • Tax Monthly Amount: 0.0
  • Tax Abatement YN: false
Parking
  • Garage: Yes
Property
Lot Information
  • Living Area: 2800.0
  • Living Area Units: SquareFeet
Building Information
  • Building Features: Elevators
  • Building Exterior Features: Storage
  • Building Laundry Features: CommonArea, WasherDryerInstallAllowed
  • Building Pets Allowed: BuildingCatsOK
Property and Assessments
  • New Development: No
  • Building Rules: PiedATerreAllowed, BuildingWasherDryerAllowed
  • Sponsor Unit: No
  • Certificate Of Occupancy: No
  • Percent Of Common Elements: .00%
  • Common Interest: StockCooperative
  • Number Of Shares: 2655
  • New Construction: No
  • Structure Type: None
  • Property Condition: Excellent
Interior and Exterior Features
Interior Features
  • Cooling: WallUnits
  • Appliances: WasherDryer
  • Interior Features: EntranceFoyer
  • Dining Type: Area
  • Kitchen Condition: Excellent
  • Floor Number: 7
  • Cooling: Yes
  • Laundry Features: InUnit
  • ElevatorsTotal: 2
  • Closets Total: 0
Multi Family
Multi-Family Information
  • Unit Line: BG
  • Number Of Units Total: 0
Rental
Rental Information
  • Pets Allowed: CatsOk
  • Attendance Type: DoormanPartTime, LobbyAttendantPartTime
  • Land Lease: No

Property History for 240 East 55th Street, Unit 7BG

DateEvent & SourcePriceAppreciationLink
Nov 8, 2025

Price Change

RLS RESO #RLS20050532

$2,950,000—
Oct 3, 2025

Price Change

RLS RESO #RLS20050532

$3,095,000—
Sep 23, 2025

Listed (Active)

RLS RESO #RLS20050532

$3,395,000—
DateEvent & SourcePrice
11/08/2025

Price Change

RLS RESO #RLS20050532

$2,950,000
10/03/2025

Price Change

RLS RESO #RLS20050532

$3,095,000
09/23/2025

Listed (Active)

RLS RESO #RLS20050532

$3,395,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 240 East 55th Street, Unit 7BG

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
P.S. 59 Beekman Hill International
Public - PK to 5
Nyc Lab Ms For Collaborative Studies
Public - 6 to 8
Lower Manhattan Community Middle School
Public - 6 to 8
Jhs 104 Simon Baruch
Public - 6 to 8
Rating
School
Distance
P.S. 59 Beekman Hill International
PublicPK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 104 Simon Baruch
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 240 East 55th Street, Unit 7BG, Midtown East

240 East 55th Street, Unit 7BG is a co-op for sale in Midtown East. This property was listed for sale on September 23, 2025 by R New York, it's currently listed at $2,950,000. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 59 Beekman Hill International, Nyc Lab Ms For Collaborative Studies and Lower Manhattan Community Middle School. 240 East 55th Street, Unit 7BG is a 4-bed, 4-bath, 2,800 sqft co-op built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of R New York

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.