$1,625,000
Updated 5 years ago
Sold

1040 Park Ave, 7-E

Carnegie Hill, Manhattan | East 86th Street & East 87th Street

6 Rooms2 Beds2.5 Baths1,600 Square FeetCo-op

$1,625,000
Maintenance$4,784
Price Per SF
$1,016

This property was sold for $1,625,000 on 11/23/21.

Listing Features

  • BuiltIns
  • Corner Apartment
  • Entry Foyer
  • Floor-Through
  • Galley Kitchen
  • Library / Den
  • Walk-in Closet
  • Washer / Dryer
  • WBFP
  • Eat-in Kitchen
  • Service Entrance
  • Windowed Kitchen
  • Powder Room

Outdoor space and views

  • North Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Full Service
  • Attended Elevator
  • Fitness Facility
  • Renovated Lobby
  • Storage

Policies

  • Pets Allowed

Property Description for 1040 Park Ave, 7-E

Excellent opportunity to purchase an estate apartment in a prewar building on the corner of Park Avenue and 86th Street. This 5-room unit has large and gracious proportions. The living room and dining room were originally part of a twelve-room apartment and offer large scale dimensions. There is a large working WBFP, eat-in-kitchen, laundry room with a washer & dryer in the unit. Two bedrooms and two and half baths, ample closets and if available storage in the budling. This floorplan has been redesigned in other units within the building to accommodate three bedrooms if needed. Priced accordingly the previous owner had lived in the apartment for over 30 years and the apartment does need updating. 1040 Park Avenue is a highly sought-after white glove pre-war co-op building in Carnegie Hill, with a 24-hour full-time doorman, porter and concierge. Full time resident manager. This sophisticated apartment building, located on the Northwest corner of Park Avenue and 86th Street is two blocks from Central Park, Museum Mile and Madison Avenue shopping. Public transportation is within one block in all directions. A maximum of 50% financing is required.

Listing History for 1040 Park Ave, 7-E

Now
11/23/2021
$1,625,000
Sold and Closed by Howard Margolis
Douglas Elliman
11/10/2021
Contract Signed by Howard Margolis
Douglas Elliman

Building Details for 1040 Park Ave

OwnershipCo-op
Building TypeMid-Rise
Service LevelFull Service
AgePre-War
AccessAttended Elevator
Year Built1925
Financing Allowed50%
Floors/Apts14/100
Learn More About the Building

Transit and Citi Bike

Subway

86 St
0.11 miles
86 St
0.34 miles
77 St
0.49 miles
96 St
0.49 miles

Citi Bike

E 88 St & Park Ave
0.1 miles
E 84 St & Park Ave
0.13 miles

Contact Agent

Contact Agent

Howard Margolis
Douglas Elliman

Carnegie Hill | Manhattan

Quick Profile

Carnegie Hill is a small neighborhood at the northern tip of the Upper East Side that borders Central Park. It is steeped in history, great wealth, architecture and culture. It is known for its world-class museums and its rows of historic mansions. Nothing much changes here as the entire area is landmarked, preventing the proliferation of high-rise developments. Thus the buildings stay a human scale, the sky is aplenty and the neighborhood kind of feels like a small town to its long time residents.

The name Carnegie Hill is derived from the industrial magnate Andrew Carnegie, when Carnegie decided to build himself a mansion at 91st Street and Fifth Avenue….

Carnegie Hill is a family neighborhood with old fashioned upper crust money. The mid-rise co-ops that line the avenues are among the most prestigious addresses in the city. The avenues are lined with small restaurants, boutique shops

The residential towers that have proliferated on the eastside of Third Avenue in the East 90s simply do not exist between Lexington and Fifth.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1921549