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Manhattan / Midtown-Times Square / 10019

40 WEST 55 STREET

Boro1
Block1270
Lot7501
BBL1012707501
Class RM
Residential units
35
Units in total
39
Storeys
10
Year built
1925
Last alteration on file
1985
Recorded transfers
72 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
18 Mar 2026$1,399,0004DSINGLE RESIDENTIAL CONDO UNITDEED
15 Oct 2025$1,500,000PHSSINGLE RESIDENTIAL CONDO UNITRPTT&RET
5 Mar 2025$1,360,0006DSINGLE RESIDENTIAL CONDO UNITDEED
9 Dec 2024$1,090,0001ESINGLE RESIDENTIAL CONDO UNITDEED
10 Jul 2024$1,200,0005DSINGLE RESIDENTIAL CONDO UNITDEED
17 May 2024$1,140,0004DSINGLE RESIDENTIAL CONDO UNITDEED
15 May 2024$1,240,0008DSINGLE RESIDENTIAL CONDO UNITDEED
13 May 2024$2,020,0002BSINGLE RESIDENTIAL CONDO UNITDEED
24 Oct 2023$1,350,0007CSINGLE RESIDENTIAL CONDO UNITDEED
6 Jul 2023$2,100,0007BSINGLE RESIDENTIAL CONDO UNITDEED
21 Jan 2022$1,775,0003BSINGLE RESIDENTIAL CONDO UNITDEED
8 Oct 2021$1,850,0008BSINGLE RESIDENTIAL CONDO UNITDEED
12 Nov 2019$1,850,0006BSINGLE RESIDENTIAL CONDO UNITDEED
19 Jun 2019$1,429,937PHSSINGLE RESIDENTIAL CONDO UNITDEED
24 Mar 2017$1,555,0007DSINGLE RESIDENTIAL CONDO UNITDEED
15 Mar 2017$106BSINGLE RESIDENTIAL CONDO UNITDEED
16 Nov 2016$2,250,0008ASINGLE RESIDENTIAL CONDO UNITDEED
12 Aug 2016$1,525,0005CSINGLE RESIDENTIAL CONDO UNITDEED
12 Aug 2016$1,538,9165CSINGLE RESIDENTIAL CONDO UNITDEED
18 May 2016$2,250,0003ASINGLE RESIDENTIAL CONDO UNITDEED
31 Dec 2015$1,525,0005CSINGLE RESIDENTIAL CONDO UNITRPTT
11 May 2015$2,050,0006BSINGLE RESIDENTIAL CONDO UNITDEED
13 Feb 2015$1,525,0006ASINGLE RESIDENTIAL CONDO UNITDEED
1 Aug 2014$1,995,0005BSINGLE RESIDENTIAL CONDO UNITDEED
27 Jun 2014$2,057,5007ASINGLE RESIDENTIAL CONDO UNITDEED
15 Apr 2014$1,342,5003DSINGLE RESIDENTIAL CONDO UNITDEED
13 Mar 2014$1,476,4639DSINGLE RESIDENTIAL CONDO UNITDEED
19 Aug 2013$1,395,0007DSINGLE RESIDENTIAL CONDO UNITDEED
19 Mar 2013$1,350,0004CSINGLE RESIDENTIAL CONDO UNITDEED
18 Sep 2012$1,250,0009CSINGLE RESIDENTIAL CONDO UNITDEED
14 May 2012$1,360,0009ASINGLE RESIDENTIAL CONDO UNITDEED
19 Apr 2012$1,100,0002DSINGLE RESIDENTIAL CONDO UNITDEED
22 Dec 2010$1,100,0002CSINGLE RESIDENTIAL CONDO UNITDEED
15 Nov 2010$1,380,0008ASINGLE RESIDENTIAL CONDO UNITDEED
4 Mar 2010$1,325,0004ASINGLE RESIDENTIAL CONDO UNITDEED
2 Nov 2009$1,035,0002DSINGLE RESIDENTIAL CONDO UNITDEED
31 Jul 2008$1,120,0751ESINGLE RESIDENTIAL CONDO UNITDEED
21 May 2008$1,375,0008DSINGLE RESIDENTIAL CONDO UNITDEED
12 May 2008$1,425,5503ASINGLE RESIDENTIAL CONDO UNITDEED
12 May 2008$1,470,3534BSINGLE RESIDENTIAL CONDO UNITDEED
72 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.

By year

YearTransfersMedian recordedLowestHighest
20261$1,399,000--
20252$1,430,000$1,360,000$1,500,000
20245$1,200,000$1,090,000$2,020,000
20232$1,725,000$1,350,000$2,100,000
20221$1,775,000--
20211$1,850,000--
20192$1,639,969$1,429,937$1,850,000
20172$777,505$10$1,555,000
20164$1,894,458$1,525,000$2,250,000
20153$1,525,000$1,525,000$2,050,000
20144$1,735,732$1,342,500$2,057,500
20132$1,372,500$1,350,000$1,395,000
20123$1,250,000$1,100,000$1,360,000
20103$1,325,000$1,100,000$1,380,000
20091$1,035,000--
200810$1,434,300$1,120,075$1,545,000
200718$1,208,268$1,120,129$1,563,014
20068$1,384,821$1,079,345$1,825,000
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 7,531 SQ FT10
Drawn from PLUTO: 10 storeys, 45,658 sq ft of building on 7,531 sq ft of lot, an average floor plate covering 61% of it. The dashed outline is the difference between the floor area ratio already built (6.06) and the residential floor area ratio of the zoning district (10). It is a diagram of recorded figures, not a picture of the building.
Lot area
7,531 sq ft
Building area
45,658 sq ft
Residential area
42,107 sq ft
Commercial area
3,551 sq ft
Office area
-
Retail area
3,551 sq ft
Buildings on the lot
1
Built floor area ratio
6.06
Residential FAR permitted
10
Zoning district
C5-P
03

Assessment

Assessed land value
$2,951,998
Assessed total value
$6,505,649
Exempt value
$0
Assessed per residential unit
$185,876

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
RM
Neighbourhood
Midtown-Times Square
ZIP code
10019
Community district
Manhattan 5
Council district
4
Coordinates
40.762201, -73.976749

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Midtown-Times Square

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
680 8 AVENUED565219201-
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235 WEST 48 STREETD847719892-
770 8 AVENUED646420010-
76179 7 AVENUERM4451927453$650k
242 WEST 53 STREETD842620150-
1752 BROADWAYD6396197915-
890 8 AVENUERM39420030-
870 8 AVENUED638119650-
980 AVENUE OF THE AMERICASD638019860-
66 WEST 38 STREETRM37420010-

Every building on file in Midtown-Times Square