40 West 55th Street
40 West 55th Street, New York, NY 10019
Central Midtown
BBL 1012707501 · BIN 1034808
- Year built
- 1925
- Type
- Condominium
Every recorded sale at this building, 2006–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,367
- Listing discount
- 0.0%
- Recorded sales
- 75
- On record
- 2006–2026
40 West 55th Street — marketed as 40W55 — is a pre-war condominium with an unusual provenance: a 1925 building designed by Rosario Candela, the architect whose name is synonymous with the most coveted apartment houses on Park and Fifth Avenues, converted to residential condominium use in 1985. Set on a prime Midtown mid-block between Fifth and Sixth Avenues, the ten-story, 35-residence building offers the rare pairing of a Candela pedigree with the ownership flexibility of a condominium.
The appeal is specific. Most Candela buildings are cooperatives, and most Midtown condominiums are post-war or new construction; 40W55 sits at the intersection — pre-war bones and a marquee architect, delivered in condominium form. The residences carry classic pre-war character — high ceilings, hardwood floors, and, distinctively, wood-burning fireplaces — while the building offers the full-service comfort of a 24-hour doorman and the latitude that condominium ownership provides.
For a buyer who wants pre-war atmosphere and a recognized architectural name without a co-op board, 40W55 is an unusual find in the heart of Midtown, steps from Fifth Avenue shopping, Rockefeller Center, Carnegie Hall, the Museum of Modern Art, and Central Park.
Building operations
40W55 operates as a full-service condominium with a 24-hour doorman, a bike room, and central laundry, with the wood-burning fireplaces a maintained feature of the residences. As a condominium, the building offers fee-simple ownership without a co-op board gauntlet: purchases clear through a right-of-first-refusal rather than a board interview, financing is not subject to co-op-style caps, and pied-à-terre use, subletting, and ownership through trusts or entities are customary. The amenities and shared systems are maintained through the common charges, scaled efficiently to the building's 35 households.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $9,869/yr
- Per unit / month range
- $0 – $23
Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Recent sales
Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Mar 18, 2026 | 4D | 2 BR · 2 BA · 1,070 sf | $1,399,000 | $1,307/sf | +0.0% |
| Mar 5, 2025 | 6D | 2 BR · 2 BA · 1,070 sf | $1,360,000 | $1,271/sf | -1.1% |
| Dec 9, 2024 | 1E | 2 BR · 2 BA · 1,070 sf | $1,090,000 | $1,019/sf | -8.8% |
| Jul 10, 2024 | 5D | 2 BR · 2 BA · 1,070 sf | $1,200,000 | $1,121/sf | -4.0% |
| May 17, 2024 | 4D | 2 BR · 2 BA · 1,070 sf | $1,140,000 | $1,065/sf | -3.0% |
| May 13, 2024 | 2B | 2 BR · 2 BA · 1,354 sf | $2,020,000 | $1,492/sf | -8.0% |
| Oct 24, 2023 | 7C | 2 BR · 2 BA · 1,070 sf | $1,350,000 | $1,262/sf | -9.7% |
| Jul 6, 2023 | 7B | 2 BR · 2 BA · 1,354 sf | $2,100,000 | $1,551/sf | -2.3% |
Market read. Most recent trades (2026) cleared a median $1,367/sf across 1 sale. Median listing discount 0.0% from the last ask.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01270-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What to know if you’re buying
The buying case is pedigree plus structure. You are buying a Rosario Candela-designed building — a recognized architectural name — in condominium form, with the financing flexibility, light closing process, and resale and rental latitude that fee-simple ownership provides. The pre-war character, the wood-burning fireplaces, and the 24-hour doorman, all in the center of Midtown, are the lifestyle draw.
Diligence runs along condominium lines: review the reserve fund and capital-project history, the condition of the pre-war façade and building systems given the 1925 construction and 1980s conversion, and the specifics of any unit's fireplace, light, and renovation state. Floor and exposure drive value here, and a working wood-burning fireplace is a meaningful premium feature worth confirming on a unit-by-unit basis.
What to know if you’re selling
Sellers lead with the building's distinctive story: a Rosario Candela-designed pre-war building delivered as a condominium, with wood-burning fireplaces and a 24-hour doorman, in the heart of Midtown steps from Fifth Avenue and Central Park. The combination of a marquee architect and condominium flexibility is unusual and resonates strongly with buyers who want pre-war character without a co-op board.
Benchmark pricing to the pre-war and boutique Midtown condominium set, adjusting for floor, light, renovation level, and fireplace. Presentation should foreground the Candela provenance and the pre-war detail — points that distinguish a home here and help a well-prepared listing stand out given how little comparable inventory the 35-unit building produces.
Comparable buildings
If you're considering 40W55, these nearby Midtown buildings make a useful comparison set:
- 17 West 54th Street — pre-war Midtown building nearby
- 25 West 54th Street — Midtown cooperative a block south
- 20 West 53rd Street — full-service Midtown building
- 33 West 56th Street — pre-war Midtown building nearby
- 112 West 56th Street — Midtown building for comparison
- 146 West 57th Street — Midtown building for scale comparison
Considering a move at 40W55?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 40W55 would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.