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1040 Fifth Ave, 16

Upper East Side, Manhattan | East 85th Street & East 86th Street

11 Rooms4 Beds4.5 BathsCo-op

$35,000,000
Maintenance$18,573

Listing Features

  • Corner Apartment
  • Dressing Area
  • French Doors
  • Full Floor
  • Galley Kitchen
  • Home Office
  • Laundry Room
  • Library / Den
  • Private Elevator
  • Walk-in Closet
  • Washer / Dryer
  • Picture Windows
  • Adjoining Pantry
  • Dishwasher
  • Eat-in Kitchen
  • Separate Freezer
  • Windowed Kitchen
  • Double Vanity
  • En Suite Bathroom
  • Powder Room
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • Wrap Terrace
  • Central Park
  • City Views
  • Skyline Views
  • East Exposure
  • North Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Full-Time Doorman
  • Elevator
  • Storage

Policies

  • Pets Allowed

Property Description for 1040 Fifth Ave, 16

Rare and wonderful, this glamorous terraced residence is an aerie with spectacular views of Central Park and the Jacqueline Kennedy Onassis Reservoir. This exceptional apartment is situated atop one of Rosario Candela's most notable buildings and is an architectural tour de force. Remarkably elegant and graceful, this home is a superb example of Candela's masterful work. Spanning the entire sixteenth floor with a park-facing terrace, the apartment is awash in glorious sunlight throughout the day with unobstructed views in all directions. Incorporating many of the design elements as well as the proportion and scale that distinguish the great buildings of the early twentieth century in New York City, the 16th floor at 1040 Fifth recalls an era of truly timeless elegance. All the principal rooms open onto surrounding terraces, and french doors throughout invite indoor-outdoor living. Rare glass terrace parapets allow the apartment's sweeping views of the Park to be felt in every room. Accessed via a private elevator landing, the grand Gallery opens to three spectacular entertainment rooms: a marvelous west-facing Living Room, nearly 30 feet in length, with three sets of tall French casement doors opening to the Terrace; an exquisite south-facing wood-paneled Library; and a handsome south-facing Dining Room. The Living Room and Library have wood-burning fireplaces, and all three rooms are perfect in proportion and scale. Nearby, ample closets and an elegant Powder Room complete the grand and welcoming sweep of the entertainment rooms. A spacious eat-in Kitchen opens to a separate Breakfast Room with charming French doors to a small terrace and city skyline views to the south. The bright Kitchen enjoys morning sun and city views to the north and east, and features top-of-the-line appliances and a generous Pantry. A Laundry Room, large Utility Room (which could easily serve as a Playroom or Gym), and two Staff Rooms with a shared Bath, accessed via two private hallways, complete this wing of the residence. Serene private bedroom quarters include an extraordinarily stunning Primary Bedroom suite with a wood-burning fireplace and three magical exposures with breathtaking views of Central Park and the Reservoir. The suite includes a Dressing Room with a large picture window and a spacious ensuite Bathroom. There are three additional bedrooms, all generous in size, two of which have Central Park and sunset views while the third enjoys open city views and morning sunlight from the east. Rosario Candela's enduring and iconic 1929 design is notable for its limestone facade, inventive detail, and its magnificent assemblage of truly splendid simplex and duplex apartments. Residents benefit from the highest level of service and discretion, as well as private storage rooms. One of New York's most prestigious addresses since its inception, 1040 Fifth Avenue continues to set the standard for timeless elegance and classic design. Please note that financing is not permitted. There is a 2% flip tax payable by the buyer, and purchases under trusts are allowed, subject to legal and board approval. Pets are welcome.

Listing History for 1040 Fifth Ave, 16

Now
09/17/2026
$35,000,000
Initial Price by Alexa Lambert
Compass
07/06/2026
TOM by Alexa Lambert
Compass

Building Details for 1040 Fifth Ave

OwnershipCo-op
Building TypeMid-Rise
Service LevelFull-Time Doorman
AgePre-War
AccessElevator
Year Built1930
Floors/Apts17/27
Learn More About the Building

Transit and Citi Bike

Subway

86 St
0.27 miles

Citi Bike

5 Ave & E 87 St
0.1 miles
Madison Ave & E 82 St
0.19 miles

Building Availability

APPSF
Median
Average
-
$35,000,000
$35,000,000

Four+ Beds in Upper East Side

APPSF
Median
Average
$2,662
$7,650,000
$10,728,810
$2,980
$8,500,000
$11,168,832

Upper East Side | Manhattan

Quick Profile

Exuding a cosmopolitan, refined air that is reminiscent of Paris or other European cities, the Upper East Side (the UES, to local cognoscenti) has a reputation as being a bastion of wealth and privilege. Even though it was built by American “royalty” families like the Vanderbilts, Roosevelts, Kennedys, Carnegies and Rockefellers, whose elaborate mansions once anchored Fifth Avenue, there are affordable housing options throughout the neighborhood. The further east you move, away from Central Park and the more commercial avenues, the more likely you are to find quiet, tree-lined streets with historic townhouses and brownstones. Keep your eye out for reasonably priced apartments in pre-war low-rise and even a few high-rise buildings.

With abundant, beautifully landscaped green spaces, including the oasis of Central Park acting like a backyard, the area is quiet and lushly green. You can relax and unwind in John Jay Park, Carl Schurz Park or take a stroll along the East River Promenade. The whole neighborhood seems isolated from the workaday chaos of the city at large. Add to that the history of the neighborhood and the abundance of cultural institutions, and you have a uniquely welcoming neighborhood.

Known for its abundance of high-end retail shopping, especially on Madison Avenue, the Upper East Side is host to the Barneys New York flagship department store. Here you can find upscale goods, fashion and home decor items. You will also find the edgy runway-inspired Alexander McQueen collections. If you are dying to treat your feet to red-soled opulence, be sure to visit the Christian Louboutin boutique. These are only a small sampling of this high-end shopper’s paradise that features everything from designer boutiques that offer the ultimate in haute couture to resale shops where you can find last season’s best on sale at hefty discounts .

There are many unique dining experiences, from fine dining to the casual bite-on-the-go, awaiting you in the UES. Sushi is going through a renaissance in the city, and the best omakase-style sushi can be found at Sasabune on E 73rd Street. Omakase sushi means that you leave the choice of ingredients, preparation method and presentation to the chef. Elegant French cuisine can be experienced at JoJo, E 64th Street, housed in gorgeous townhouse. Just for fun, visit the Lexington Candy Shop on Lexington Avenue, to get a taste of an old-fashioned soda fountain.

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: 2176367