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1040 Park Ave, 5-D
Carnegie Hill, Manhattan | East 86th Street & East 87th Street
5 Rooms2 Beds2 BathsCo-op
$1,895,000
$1,895,000
Updated 2 years ago
Off Market

1040 Park Ave, 5-D

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

5 Rooms2 Beds2 BathsCo-op

$1,895,000
Maintenance$4,665

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-D

Pied-a-terres permitted! Apartment 5D is an expansive and sun-filled two-bedroom, two-bathroom corner home overlooking 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 5-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 gorgeous open views overlooking Park Avenue. Hardwood floors, built-ins, and generous closet storage can be found throughout. The current kitchen hosts a laundry washer, and the split bedroom layout provides privacy as well as flexibility, each with en-suite bathrooms and huge walk-in closets.

This two-bedroom home can easily be combined with 5H for a huge 8-room Park Avenue home with 3-4 bedrooms, and 3 bathrooms.

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-D

Now
06/23/2024
TOM by Deanna Kory
Corcoran
05/19/2024
$1,895,000 [-$100,000] [5%]
Price Drop by Deanna Kory
Corcoran
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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
Ileana Lopez-Balboa
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.

More

Featured on the Linecity Blog

The MEDIAN

Manhattan | August 2023

According to New York City records, the median price for an apartment in Manhattan for the month of August 2023 was $1,150,000.  The price represents a minimal decrease of .02% from the median price of $1,175,000 recorded in August 2022.  The number of apartment sales, however, fell from 1,546 to 1,204 reflecting a year-over-year decreas...

posted on December 8, 2023
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: 2082772
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