Active For Sale
40 BROAD Street, New York City, NY 10004
40 BROAD Street, New York City, NY 10004
  • $625,000

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.

  • Address 40 BROAD Street
  • City New York City
  • Zip/Postal Code 10004
  • Area Financial District

Details

Updated on October 11, 2025 at 5:09 pm
  • Property ID: RLS20024931
  • Price: $625,000
  • Rooms: 3
  • Bathroom: 1
  • Year Built: 1986
  • Property Type: Apartment, Residential
  • Property Status: Active, For Sale

Additional details

  • Association Fee: 719.0
  • Cooling: Other
  • County: New York
  • Property Type: Residential

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