New York  »  Manhattan  »  10017  »  Murray Hill

245 East 40th Street, New York, NY 10016

Murray Hill, Midtown Manhattan, Manhattan
Building in Murray Hill
34 Stories
269 Units
Built in 1972
Nearby Active Listings
722 10th Ave. - Photo 1
722 10th Avenue, Apt 5C
Hell's Kitchen, Midtown Manhattan, Manhattan
$3,495
|
1 Bed
|
1 Bath
By Ryan Kanfer
Featured
No Fee
East 19th Street - Photo 1
East 19th Street
Gramercy Park, Midtown Manhattan, Manhattan
$5,250
|
3 Bed
|
1 Bath
By Olivia Rispoli
Featured
340 East 61st Street - Photo 1
340 East 61st Street, Apt 5A
Upper East Side, Upper Manhattan, Manhattan
$3,450
|
1 Bed
|
1 Bath
By Zinedin Cecunjanin
Featured
No Fee
East 14th Street - Photo 1
East 14th Street
East Village, Downtown Manhattan, Manhattan
$5,550
|
3 Bed
|
1 Bath
By Sava Nyagolov
Featured
No Fee
100 West 31st Street - Photo 1
100 West 31st Street, Apt 18J
Midtown South, Midtown Manhattan, Manhattan
$6,500
|
1 Bed
|
1 Bath
By Ritchie Numa
Welcome to 245 East 40th Street, a building located in Murray Hill, Midtown Manhattan, Manhattan in New York, NY. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1972. This is a relatively tall building with a total of 34 floors. From what we gather, there are a total 269 residential units. The market value for the land that the building sits on has been listed at $228,000. In addition, improvements upon the building have an added value of $2,612,000. In total, the total market value of the property as a whole is $2,840,000. According to local assessors, the total value of the building is currently valued at $43,612,200. Specifically, the value of the land that the property sits on has been assessed at $7,020,000. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Amenities
Doorman
Elevator
Fitness Center
Laundry In Building
Common Outdoor Space
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
1972
Effective Year Built
1987
Building Count
1
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
unknown
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
34
Total Unit Count
272
Living Units
20
Residential Unit Count
269
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Residential Building Floor Area
334,546
Commercial Building Floor Area
53,215
Office Building Floor Area
6,000
Garage Building Floor Area
20,000
Retail Building Floor Area
1,215
Other Building Floor Area
26,000
Floor Area Ratios
Building Area Source
2
Building
Building Type
unknown
Property Class
Residential
Lot Type
3
Land Acres
0.064
Land Use
04
Standard Land Use Code
Residential income (general) (multi-family)
County Land Use Code
unknown
Irregular Lot Code
Y
Proximity Code
2
Extension Code
G
Sanborn Map Number
104 033
Ownership
Current Owner's Name
ASN MURRAY HILL LLC
Neighborhood
Census Block
2000
Community District
106
City Council District
4
Police Precinct
17
Fire Company
E021
Health Area
5000
Sanitation District Borough
1
Sanitation Subsection
2B
School District
02
School District Name
New York City Department Of Education
School Tax School District
MANHATTAN
Census Tract
008800
Census Block Code
2000
Census Group
2
Census Year
2021
Census - Combined Statistical Area - Area Code
408
Census - Combined Statistical Area - Area Name
New York-Newark, NY-NJ-CT-PA
Census - County FIPS
36061
Census - Full FIPS
360610088002000
Census - Metropolitan Division - Area Code
35614
Census - Metropolitan Division - Area Name
New York-Jersey City-White Plains, NY-NJ
Census - Metro Micro Statistical Area - Area Code
35620
Census - Metro Micro Statistical Area - Area Name
New York-Newark-Jersey City, NY-NJ-PA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
3651000
Census Source
US Census Bureau
Census State FIPS
36
Census Tract 2010
0088
Census Tract Code
008800
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
3620580
School District - Unified - Name
New York City Department Of Education
Zoning
Split Boundary Zone Indicator
N
Zoning
C1-9
Zoning Map Number
8d
Geography
Account Number
1-00920-0026
District
06
Section
308
Parcel
00920-0026
Borough Name
MN
Borough Code
1
Block
1314
Lot
21
Lot Code
unknown
Borough Block Lot
1013140021
Latitude
40.7483
Longitude
-73.974
FIPS
36061
Mailing Carrier Code
C005
Mailing Full Street Address
415 FIFTH AVE # 2
Mailing House Number
415
Mailing Street Mode
AVE
Mailing Street
FIFTH
Mailing Unit Number
2
Mailing Unit Type
#
Mailing 4-Digit Zip Code
1253
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
X Coordinates
991636
Y Coordinates
212143
Valuation
Timestamp
2024-02-08 19:35:29
UCID Flag
C
Pluto Map ID
1
More About The Building
In total, the building area is listed as 9,510 square feet. To break it down, the depth of the building was measured at 155 square feet and the front is listed as 159 square feet. In comparison, the lot area is listed as 22,178 square feet. The depth of the property lot was measured at 155 square feet and the front at 159 square feet. The building itself has 387,761 square footage of total floor area. Out of that, 334,546 square footage of floor area is residential. The rest of the space could be utilized as commercial, garage, factory, or alternative use space. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 245 East 40th Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Murray Hill area have a median price of $4,244. Those in the 25th percentile, have a price around $3,500. While those in the 75th percentile, have a price around $6,200. Typically, the buildings in this area have a median sqft of 740. That means that the median price per sqft is around $7. In other words, the price per sqft for buildings in the 25th percentile is $6. While the price per sqft for buildings in the 75th percentile is $7. As a breakdown, we've included the following stats:

  • There are currently a total of 228 studio listings. The median price for these types of listings is $3,450. That's $8.22 price per sqft.

  • There are currently a total of 443 one bedroom listings. The median price for these types of listings is $3,995. That's $6.65 price per sqft.

  • There are currently a total of 294 two bedroom listings. The median price for these types of listings is $6,408. That's $6.00 price per sqft.

  • There are currently a total of 116 three bedroom listings. The median price for these types of listings is $7,975. That's $6.55 price per sqft.

  • There is currently a single advertised four bedroom listing.
About The Area
245 East 40th Street is located in 10016. There are 50,444 people living here. There are 28,359 households. Most of these households have an average family size of 2.72 people. According to the census, 72% are currently renting while 28% own their homes. The median age of this population is around 33.3 years old. On average, most folks in the zipcode are unmarried. About 30% of folks speak a language other than English in this area. The area's employment rate is currently around 71.2%. Speaking of employment, the median income is $102,703. Most folks will commute by walking for around 25.6 minutes. Finally, we know that 7% of residents in the area have graduated with their high school degree. Additionally, 44% and 33% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. New York County, New York has a population of 1,634,989 people. Based on census records, there are 753,385 registered households. Families in this area are on average made up of 3.09 people per household. Most folks are unmarried. They are also typically around 36.7 years old. Does diversity matter to you? Right now, 40% of folks speak a language other than English here. About 77% rent while 23% purchased their homes. Right now, the community is made up of 13% of residents who have graduated with at least a high school degree. On top of that, 32% have a Bachelor's degree and 29% have a Master's degree. The employment rate is currently around 62.9%. Those employed, have a median income of $75,513. If you move here, you can expect to commute mostly by public transportation for around 31.4 minutes.

Finally, let's take a look at the stats related to New York - Newark, NY - NJ - CT Urban Area. The urban area is home to 18,812,161 people. A total of 6,707,347 households are registered here. With average family sizes being listed at 3.42 people. About 25% of residents have graduated with a high school degree. Of the rest, 22% have their Bachelor's and 16% have their Master's degree. Folks speaking a language other than English, make up about 40% of the population. Speaking of your commute, 59.7% of people in this area are employed. The recorded median income is currently at $68,319 per year. The median population age has been listed at 37.8 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 50% of the population while homeowners are at about 50% of the population.
$3,450
Studio Median Rent
$3,995
1BR Median Rent
$6,408
2BR Median Rent
$7,975
3BR Median Rent
PUBLIC TRANSIT
7
7X
Grand Central-42 St (0.23 mi - 5 min walk)
MTA New York City Transit
4
5
6
6X
Grand Central-42 St (0.27 mi - 6 min walk)
MTA New York City Transit
Seastreak
East 35th St., NYC (0.37 mi - 9 min walk)
Seastreak
BxM4C
MADISON AVE @ 39TH ST (0.39 mi - 9 min walk)
Bee-Line Bus
S
Grand Central-42 St (0.41 mi - 10 min walk)
MTA New York City Transit

Nearby Schools

(within attendance boundary)
PS 116 MARY LINDLEY MURRAY  •  0.37 mi
210 E 33rd St, New York, NY 10016
Public  •  Elementary  •  Grades PK to 5
New York City Geographic District # 2
JHS 104 SIMON BARUCH  •  0.97 mi
330 E 21st St, New York, NY 10010
Public  •  Middle School  •  Grades 6 to 8
New York City Geographic District # 2
127 E 22nd St, New York, NY 10010
Public  •  High School  •  Grades 6 to 12
New York City Geographic District # 2
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
Similar Buildings
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast