New York City » 10018 » W 40th St » 308 W 40th St

308 West 40th Street, New York, NY 10018 - Property report

Also known as: 308 W 40th St

Property image for 308 West 40th Street, New York, NY 10018

Property type

Zoned Commercial or Manhattan Residential (V1)

Lot sq. ft.

2,469

Sale price

$10,817,625

General information

Address

Primary address

308 West 40th Street

ZIP code

10018

Neighborhood

Garment District

Borough

Manhattan

Block & lot

00763-0046

Building

Property type

Zoned Commercial or Manhattan Residential (V1)

Buildings on lot

Building material

Sales

Sale date

05/12/2015

Sale price

$10,817,625

Tax

Tax year

2026-2027

Property tax

$65,140

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

25 ft x 98.75 ft

Lot sq. ft.

2,469

Area overview

Walk score

99 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

90 /100. Biker's Paradise

School district

Community district

Closest police station

0.19 Miles

Closest fire station

0.20 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 308 West 40th Street, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 308 West 40th Street, New York, NY 10018

Sale date	Sale price	Buyer name	Seller name
05/12/2015	$10,817,625	XXX XXXXXX XXXXXXX XXX	XXXXX X XXXX, XX XXXXXXX XXX XX XXX XXXXX XXXXX XXX XX XXX XXXX XXXXX XXX XXXXXX X XXXX, XX XXXXXXX XXX XX XXX XXXX XX XXX
12/05/2012	$1,300,000	XXXXX XXXXX XXX XX XXX XXXX XX XXX XXX XXXX, XXXXX X XXX XXXX, XXXXXX X	XXXXX, XXXXXXXXXX X XXX XX XXX XXXX XX XXX XXX XXXX, XXXXX X XXX XXXX, XXXXXX X
03/21/2007	$5,750,000	XX XXX XXXX XX XXX XXX XXXX, XXXXX X XXX XXXX, XXXXXX X XXX XXXXX, XXXXXXXXXX X	XXXX XXXXXX XXXXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
10/03/2025 - R 09/16/2025 - D	Tax Lien Sale Certificate (2025100100517001)	XXXX XX XXX XXXX	XXXX XX XXX XXXX
07/16/2015 - R 06/18/2015 - D	Satisfaction of Mortgage (2015070600999001)	XXXX XXXXX X	XXXXXXX XXX XXX
10/01/2015 - R 05/12/2015 - D	Deed (2015052600138003)	XXXXX X XXXX XX XXXXXXX	XXX XXXXXX XXXXXXX XXX
10/01/2015 - R 05/12/2015 - D	Deed (2015052600138002)	XXXXX X XXXX XX XXXXXXX	XXXXX X XXXX XX XXXXXXX
10/01/2015 - R 05/12/2015 - D	Correction Deed (2015052600138001)	XXXXX XXXXXXXXXX X	XXXXX X XXXX XX XXXXXXX
05/01/2015 - R 03/25/2015 - D	Assignment, Mortgage (2015042701234002)	XXXX XXXXX X	XXXXXXX XXX XXX
12/12/2012 - R 12/05/2012 - D	Deed (2012120700549001)	XXXXX XXXXXXXXXX X	XXXXX XXXXX
02/21/2012 - R	UCC3 Termination (2012020900257005)	XXXXX XXXXXXXXXX X	XXX XXXX XXXXXXXXX XXXX
02/21/2012 - R 12/22/2011 - D	Termination of Assign of L&R (2012020900257004)	XXX XXXX XXXXXXXXX XXXX	XXXXX XXXXXXXXXX X
02/21/2012 - R 12/22/2011 - D	Agreement (2012020900257003)	XX XXX XXXX XX XXX	XXX XXXXXXXX XXXXXXXX XXXX XX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 308 West 40th Street, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$65,140

Municipal exemptions

Recent tax assessments

Market value

$2,107,000

Assessed value

$948,150

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$1,621,000	$729,450	$468,630	10.848%	$50,837	$50,837	+26.66%
2024/25	$1,247,000	$561,150	$372,960	10.762%	$40,138	$40,138	+24.50%
2023/24	$959,000	$431,550	$304,380	10.592%	$32,240	$32,240	+19.03%
2022/23	$738,000	$332,100	$254,430	10.646%	$27,087	$27,087	+18.66%
2021/22	$642,000	$288,900	$212,245	10.755%	$22,827	$22,827	+22.21%
2020/21	$558,000	$251,100	$174,660	10.694%	$18,678	$18,678	+25.48%
2019/20	$485,000	$218,250	$141,269	10.537%	$14,886	$14,886	+23.70%
2018/19	$404,000	$181,800	$114,450	10.514%	$12,033	$12,033	+20.57%
2017/18	$269,280	$121,176	$94,921	10.514%	$9,980	$9,980	+7.85%
2016/17	$224,400	$100,980	$87,516	10.574%	$9,254	$9,254	+3.20%

Permits

Permit information for 308 West 40th Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
03/10/2025	Alteration
01/03/2018	Alteration type 3
02/01/2017	New building
02/08/2016	New building
09/18/2015	New building

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	05/05/2026	C-construction other optional
	11/15/2024	Imegncy-immediate emergency anythingoptional
	02/02/2022	Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record for this property.

Listings

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

8th Ave & 40th St at SW Corner

Station lines

A-C-E-N-Q-R-S-1-2-3-7

Distance (miles)

0.03

View subway map

Access the detailed traffic volume map for 308 West 40th Street, New York, NY 10018 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 308 West 40th Street, New York, NY

356 W 40th St, New York 536 9th Ave, New York 534 9th Ave, New York 304 W 40th St, New York 315 W 39th St, New York 342 W 40th St, New York 310 W 40th St, New York 302 W 40th St, New York 601 8th Ave, New York 314 W 40th St, New York 330 W 40th St, New York 538 9th Ave, New York 609 8th Ave, New York 307 W 39th St, New York 306 W 40th St, New York 300 W 40th St, New York 340 W 40th St, New York 350 W 40th St, New York 311 W 39th St, New York

Nearby ZIP codes for 308 West 40th Street, New York, NY

10001, New York City, NY 10011, New York City, NY 10016, New York City, NY 10019, New York City, NY 10020, New York City, NY 10036, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the market value of 308 West 40th Street, New York, NY 10018?

The current market value of 308 West 40th Street, New York, NY 10018 is $2,107,000.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.