New York  »  Manhattan  »  10018  »  Garment District

304 West 40th Street, New York, NY 10018

Garment District, Midtown Manhattan, Manhattan
Building in Garment District
4 Stories
24 Units
Built in 1920
304 W 40th St - Photo 1
304 W 40th St, Apt 4FF
Garment District, Hudson Yards, Midtown Manhattan, Manhattan
$3,180
|
Studio
|
1 Bath
By Rabah Chebout
Welcome to 304 West 40th Street, a building located in Garment District, 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 1920. There are a total of 4 floors. From what we gather, there are a total 24 residential units. The market value for the land that the building sits on has been listed at $270,000. In addition, improvements upon the building have an added value of $1,540,000. In total, the total market value of the property as a whole is $1,810,000. According to local assessors, the total value of the building is currently valued at $792,450. Specifically, the value of the land that the property sits on has been assessed at $121,500. The building was last assessed in 2023. There is another building on the same land that 304 West 40th Street was built on.

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.
Facts
General
Year Built
1920
Effective Year Built
1920
Building Count
2
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
4
Total Unit Count
25
Living Units
25
Residential Unit Count
24
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
7,201
Commercial Building Floor Area
1,000
Retail Building Floor Area
1,000
Floor Area Ratios
Building Area Source
2
Building
Building Type
unknown
Property Class
Residential
Lot Type
5
Land Acres
0.057
Land Use
02
Standard Land Use Code
Residential income (general) (multi-family)
County Land Use Code
unknown
Irregular Lot Code
N
Proximity Code
3
Extension Code
N
Sanborn Map Number
105N032
Ownership
Current Owner's Name
MICHOLOS, ISI DOROSG
Neighborhood
Census Block
1002
Community District
104
City Council District
3
Police Precinct
14
Fire Company
L021
Health Area
4500
Sanitation District Borough
1
Sanitation Subsection
2A
School District
02
School District Name
New York City Department Of Education
School Tax School District
MANHATTAN
Census Tract
011500
Census Block Code
1002
Census Group
1
Census Year
2020
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
360610115001002
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
0115
Census Tract Code
011500
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
C6-4
Special Purpose District 1
HY
Zoning Map Number
8d
Geography
Account Number
1-00763-0044
District
04
Section
304
Parcel
00763-0044
Borough Name
MN
Borough Code
1
Block
763
Lot
44
Lot Code
unknown
Borough Block Lot
1007630044
Latitude
40.756
Longitude
-73.9915
FIPS
36061
Mailing Carrier Code
C005
Mailing Full Street Address
3406 BROADWAY
Mailing House Number
3406
Mailing Street
BROADWAY
Mailing 4-Digit Zip Code
1196
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
X Coordinates
986616
Y Coordinates
214711
Valuation
Timestamp
2024-02-08 19:35:29
UCID Flag
C
E-Designation Number
E-137
Pluto Map ID
1
More About The Building
In total, the building area is listed as 8,201 square feet. To break it down, the depth of the building was measured at 50 square feet and the front is listed as 25 square feet. In comparison, the lot area is listed as 2,467 square feet. The depth of the property lot was measured at 99 square feet and the front at 25 square feet. The building itself has 8,201 square footage of total floor area. Out of that, 7,201 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 304 West 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 Garment District area have a median price of $4,500. Those in the 25th percentile, have a price around $3,650. While those in the 75th percentile, have a price around $6,000. Typically, the buildings in this area have a median sqft of 800. That means that the median price per sqft is around $6. 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 $6. As a breakdown, we've included the following stats:

  • There are currently a total of 13 studio listings. The median price for these types of listings is $3,000. That's $7.95 price per sqft.

  • There are currently a total of 12 one bedroom listings. The median price for these types of listings is $4,166. That's $5.51 price per sqft.

  • There are currently a total of 22 two bedroom listings. The median price for these types of listings is $5,923. That's $6.30 price per sqft.

  • There are currently a total of 8 three bedroom listings. The median price for these types of listings is $6,000.
  • There are currently a total of 3 four bedroom listings. The median price for these types of listings is $7,000.
About The Area
304 West 40th Street is located in 10018. There are 9,684 people living here. There are 4,956 households. Most of these households have an average family size of 2.75 people. According to the census, 92% are currently renting while 8% own their homes. The median age of this population is around 31.2 years old. On average, most folks in the zipcode are unmarried. About 42% of folks speak a language other than English in this area. The area's employment rate is currently around 77.1%. Speaking of employment, the median income is $105,479. Most folks will commute by public transportation for around 26.9 minutes. Finally, we know that 8% of residents in the area have graduated with their high school degree. Additionally, 40% and 32% 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.
$3,000
Studio Median Rent
$4,166
1BR Median Rent
$5,923
2BR Median Rent
$6,000
3BR Median Rent
PUBLIC TRANSIT
278
4009
289
288
298
269
291
279
229
290
4010
NEW YORK, NY (Under 500 ft - 3 min walk)
Adirondack Trailways
325
324
231
246
349
316
348
4301
NEW YORK, NY (Under 500 ft - 3 min walk)
Adirondack Trailways
Peter Pan
Port Authority Bus Terminal, New York, NY (620 ft - 3 min walk)
Peter Pan Bus Lines
A
C
E
42 St-Port Authority Bus Terminal (620 ft - 3 min walk)
MTA New York City Transit
7
7X
Times Sq-42 St (1040 ft - 4 min walk)
MTA New York City Transit

Nearby Schools

(within attendance boundary)
PS 51 ELIAS HOWE  •  0.44 mi
525 W 44th St, New York, NY 10036
Public  •  Elementary  •  Grades PK to 5
New York City Geographic District # 2
CITY KNOLL MIDDLE SCHOOL  •  0.39 mi
425 W 33rd St, New York, NY 10001
Public  •  Middle School  •  Grades 6 to 8
New York City Geographic District # 2
328 W 48th St, New York, NY 10036
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.
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