40 W 55TH Street, #4B, New York (Midtown), NY, 10019 | $2,150,000

There are renovated residences, and then there are residences renovated like this. 4B at 40 West 55th is a fully gut-renovated two-bedroom, two-bath home where every finish was chosen with intention and it shows in every room. The entry foyer draws you in immediately with the wide-plank original white oak floors, gallery-lit one of a kind artwork, and a custom live-edge wood console that sets the tone for what follows.

The living room, which spans over 22 feet, is bright with large tilt-and-turn, airy windows. Yet the space is still warm, with a dramatic floor-to-ceiling Emperador marble wood-burning fireplace. The edges are flanked by custom walnut built-in shelving, integrated lighting, and textured walls. This room provides both options for relaxing and entertaining.

The formal dining room is one of the most remarkable spaces in the residence. Custom floor-to ceiling walnut cabinetry wraps three walls. A sculptural crystal chandelier anchors the room. The dedicated wet bar nook is tucked seamlessly into the millwork; complete with a built-in dual zone wine and beverage fridge. With exotic Brazilian Blue Bahia quartzite countertops, glass-front upper cabinets, and hand-cast ginkgo hardware throughout, it is the kind of room that makes entertaining feel effortless. For buyers who don't need a formal dining room, the space converts

beautifully to a home library or second sitting room.

The kitchen was renovated to a standard you rarely see in a prewar two-bedroom including: Fantasy Macaubas quartzite countertops and window sill, Opalina glass subway tile backsplash, Waypoint maple cabinetry, a Ruvati undermount stainless sink with a bridge faucet with brand new disposal, Samsung counter-depth French door refrigerator, and a GE Profile dishwasher. A separate service entrance off the kitchen is a practical luxury that residents of full-service buildings genuinely appreciate.

The primary bedroom is a sun-filled room with warm oak floors, a designer brass ceiling fan, and custom raised-panel millwork closet doors that speak to the level of finish throughout. It includes a large closet, custom built out with bespoke hardware. The windowed en-suite bath is finished to an exceptional standard with marble mosaic tile wainscoting, a soaking tub, a Kohler HydroRail pressure-balanced shower system with brushed gold hardware, a custom floating vanity with stone countertop, and a sculptural multi-globe ceiling fixture.

The second bedroom is equally bright with newly installed ceiling lights and matching sconces that illuminate expensive venetian plaster. This along with the walk-in custom closet gives the feel of a second primary bedroom. Close by, the second bath features a walk-in Delta shower system, frameless glass enclosure, large-format porcelain tile, and a marble vanity top with polished nickel fixtures.

Brand new through-wall air conditioning serves every room, seamlessly concealed within custom millwork that also allows for easy temperature adjustment. Storage is exceptional for a residence of this size, with custom built-in cabinetry throughout and two additional private storage units in the building that transfer with the sale.

40 West 55th Street is a 1924 Rosario Candela-designed prewar condominium that underwent a $3. 5M restoration featured in The New York Times. The building was returned to its original residential layout with upgraded mechanical systems, restored terrazzo lobby floors, and a Venetian-style fresco ceiling. Amenities include a full-time door attendant, elevator, and common laundry. Pets are welcome. Just moments from Central Park, MoMA, Carnegie Hall, Rockefeller Center, and Fifth Avenue, this residence offers an elevated and exceptionally convenient Midtown lifestyle.

Features

  • Town: New York
  • Cooling: Other
  • Levels: 10
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Building None
  • Year Built: 1924
  • Common Charge: $1,669 Monthly
  • Approx Sq. Feet: 1,354
  • View: City
  • Pet Policy: Building Yes,No
  • Appliances: Dishwasher
  • MLS#: RLS20082819
  • Days on Market: 47 days
  • Website: https://www.raveis.com
    /prop/RLS20082819/40w55thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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40 W 55TH Street, #4B, New York (Midtown), NY, 10019

$2,150,000

Carlos Miranda

Sales Associate

William Raveis Real Estate

Phone: 239.821.7824

Carlos.Miranda@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,720,000 $1,720,000 $1,720,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.235% 6.058%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,632 $10,451 $14,398
Total Monthly Payment $9,757 $10,576 $14,523

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.