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40 Broad Street #18C
Condo in Financial District •  building info
studio • 1ba • 583ft² $1,072 per ft²
List Price

$625,000

Key Details
Days on market
184
Last price change
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Estimated payment
$4,894/mo
Taxes
$1,096/mo
Common charges
$719/mo
Description
Residence 18C - Financial District Studio, Ideal 1031 Exchange Opportunity Residence 18C offers a rare opportunity to acquire a sun-filled, turnkey studio in the heart of Manhattan's Financial District-perfect for a 1031 exchange, pied-à-terre, or long-term investment. Combining refined interiors with full-service luxury and strong market appeal, this home is designed for both lifestyle and financial flexibility. Unit Highlights: Oversized windows framing tranquil city views and flooding the space with natural light Soaring ceilings and rich hardwood floors, creating an open, airy environment Sleek open kitchen with premium Sub-Zero, Miele, and Bosch appliances, ideal for entertaining or daily convenience Spa-inspired bath with soaking tub and glass-enclosed rain shower In-unit washer/dryer for ultimate modern convenience Efficient, versatile layout optimized for both personal use and rental income Building & Amenities: Full-service concierge and 24-hour attended lobby 44,000+ SF lifestyle and wellness spaces, including a state-of-the-art fitness center & spa Landscaped roof deck with stunning city views Residents' lounge, game room, and children's play area Pet-friendly environment and professionally managed condo structure, appealing to long-term investors Prime Location: Moments from Brookfield Place, Westfield at the Oculus, and the Tin Building by Jean-Georges Dining and nightlife at Crown Shy, Delmonico's, and The Fulton Easy access to all major subway lines, ferries, and the Wall Street heliport Strong rental demand enhances 1031 exchange potential Investment Appeal: Turnkey condition minimizes additional capital expenditures High-demand location supports stable rental or resale value Flexible property type ideal for a 1031 exchange, offering deferred capital gains and a streamlined transition from another investment property Asking: $625,000 For income/expense details or to schedule a private showing, please email.

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Important Stuff
Elevator
Washer/Dryer in unit
Full Time Doorman
Cats and Dogs allowed
Home features
Central Air
Dishwasher
Hardwood floors
Storage Available
View

City, Skyline

Building amenities
Services and facilities
Bike Room
Concierge
Fios Available
Laundry in Building
Live In Super
Parking

Garage, Valet

Wellness and recreation
Gym
Shared outdoor space
Roof Deck
Building info

History
What it'll cost
Purchase price
$625,000
Asking Price: $625,000
Term
30 Years
Down Payment
$125,000 (20%)
Min: 20% (125,000)
Rate
6.25 %
Mortgage Amount
$500,000
Mortgage Payment
$3,079
Common Charges
$719
Taxes
$1,096
Estimated closing cost
$21,000
Total monthly cost $4,894
Listing Courtesy of Corcoran Group

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