$2,695,000
Updated 2 years ago
Off Market

1040 Park Ave, 5-DH

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

8 Rooms4 Beds3 BathsCo-op

$2,695,000
Maintenance$6,694

Listing Features

  • Combined Apartment
  • Corner Apartment
  • Formal Dining Room
  • Galley Kitchen
  • High Ceilings
  • Library / Den
  • Original Details
  • Picture Windows
  • Dishwasher

Outdoor space and views

  • City Views
  • East Exposure
  • South Exposure

Building Amenities

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

Policies

  • Pets Allowed

Property Description for 1040 Park Ave, 5-DH

Pied-a-terres permitted! Bring your architect to create your own custom designed home from two adjacent apartments (D and H lines) in this gracious and expansive, sun-filled 8-room home with abundant flexibility for its new owner. This beautiful corner home overlooks the beauty of the Park Avenue malls, lush trees, and distinguished architecture of the 'Gold Coast'. The Carnegie Hill location is superb at 86th Street and Park Avenue, only one block from Madison Avenue and two blocks from the beauty, recreation and NYC culture of Central Park and Fifth Avenue's Museum Mile.

Gracious and beautifully proportioned, this 8-room Park Avenue home can accommodate entertaining on a grand scale with an open formal expanse spanning 35 feet including a corner living room and formal dining room that can comfortably seat 10 or more, as well as an elegant and huge entry gallery. Four grand picture windows line the formal expanse drawing in exceptional natural light and showcase beautiful open views overlooking Park Avenue. Hardwood floors, built-ins, and generous closet storage can be found throughout. There are two current kitchens: one with laundry washer making this layout incredibly flexible with numerous options including potential for up to four bedrooms with three full bathrooms. The layout can also accommodate a 'one bedroom guest suite' with separate entrance and kitchen.

1040 Park Avenue is an elegant 14-story cooperative built in 1925. Designed in the Georgian style with Art Deco elements by
renowned architects, Delano & Aldrich. The building has full-time doormen, concierge, and live-in resident manager. Amenities include a fitness center, laundry room, bicycle storage, and private storage subject to availability.

Listing History for 1040 Park Ave, 5-DH

Now
06/23/2024
TOM by Ileana M. Lopez-Balboa
Corcoran
05/19/2024
$2,695,000 [-$125,000] [4.4%]
Price Drop by Ileana M. Lopez-Balboa
Corcoran

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 Agents

Contact Agents

Deanna Kory
Corcoran

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: 62587