Updated 6 days ago
In contract
73 Views

1040 Park Ave, 11-C

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

8 Rooms3 Beds3.5 Baths2,700 Square FeetCo-op

$2,995,000
Maintenance$6,612
Price Per SF
$1,109

Listing Features

  • Abundant Closets
  • BuiltIns
  • Crown Moldings
  • Floor-Through
  • Galley Kitchen
  • High Ceilings [9.5']
  • Home Office
  • Original Details
  • Washer / Dryer
  • WBFP
  • Oversized Windows
  • Adjoining Pantry
  • Dishwasher
  • Eat-in Kitchen
  • Microwave
  • Service Entrance
  • Walk Thru Kitchen
  • Windowed Kitchen
  • Double Vanity
  • En Suite Bathroom
  • Powder Room
  • Stall Shower

Outdoor space and views

  • Partial City
  • East 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, 11-C

1040 Park Avenue - Classic Eight with Grand Scale

This classic eight-room prewar residence, offered in estate condition with its original layout, presents a rare opportunity to create a truly grand Park Avenue home.

A dramatic 30-foot entry gallery sets the tone, offering an impressive approach and ideal wall space for art and collections. The gallery opens into a magnificent oversized living room featuring a working wood-burning fireplace, providing the opportunity for a striking custom mantel and elegant focal point.

Beyond the living room lies a formal dining room designed to accommodate large-scale entertaining. Together, the living and dining rooms span approximately 50 feet, flowing east to west and creating a spectacular entertaining expanse rarely found today.

The residence offers three generously proportioned bedrooms, an additional staff room, three full baths, and one half bath. A large windowed eat-in kitchen is complemented by a separate breakfast room that provides pantry storage and space for a washer and dryer.

Soaring 9.5-foot ceilings, oversized windows, and primarily southern and eastern exposures flood the home with light and provide open views down Park Avenue.

Located on the northwest corner of 86th Street and Park Avenue, 1040 Park Avenue is a full-service prewar cooperative offering white-glove doorman service, an exceptionally attentive staff, concierge, and on-site resident manager. The building also features a recently renovated fitness center and storage bins (when available). 1040 Park Avenue has a flexible renovation process. The buildings board will work with your team to create a dramatic property that can be enjoyed and lived in for many years to come. Note most renovations will require updating of electric, plumbing and other primary features of the unit.

Maximum 50% financing .

Just one block from Central Park, Museum Mile, and the world-class boutiques of Madison Avenue.

Bring your architect and contractor and re-imagine this extraordinary home


Listing History for 1040 Park Ave, 11-C

Now
04/13/2026
Contract Signed by Howard Margolis
Douglas Elliman
01/15/2026
$2,995,000
Initial Price 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
0.12 miles
86 St
0.35 miles
96 St
0.48 miles
77 St
0.5 miles

Citi Bike

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

Building Availability

APPSF
Median
Average
$1,600
$1,972,500
$1,972,500
$1,109
$2,995,000
$2,995,000
Last 12 months
$1,000
-
-

Three Beds in Carnegie Hill

APPSF
Median
Average
$2,021
$4,950,000
$4,750,000
$1,377
$3,372,500
$3,730,450

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.

Similar Listings in Carnegie Hill

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: 1879506