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  • $2,995,000

    1040 Park Ave #7E, New York, NY 10028

    2beds
    --sqft
    Loading
    Coop
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $5,631/mo HOA

    What's special

    Two generously proportioned bedroomsTwo bathsExceptional walk-in closet spaceElegant five-room residenceWood-burning fireplaceFormal dining roomOversized eat-in kitchen
    If you've been waiting for the right opportunity to own a classic pre-war residence, now is the time to consider 1040 Park Avenue. Perfectly positioned on the iconic northwest corner of Park Avenue and 86th Street, just two blocks from Central Park, this elegant five-room residence offers the timeless scale, architectural character, and gracious proportions that define Carnegie Hill's most distinguished homes. The expansive living room and formal dining room were originally part of a grand twelve-room apartment, creating an extraordinary sense of volume rarely found today. A wood-burning fireplace serves as the centerpiece of the living room, while the oversized eat-in kitchen, separate laundry room with in-unit washer and dryer, along with additional generous sized laundry room in the building. Two generously proportioned bedrooms, two baths, and exceptional walk-in closet space provide both comfort and functionality. For buyers seeking additional flexibility, this floor plan has been successfully reconfigured in other apartments within the building to create a three-bedroom residence. Additional private storage is available in the building for a monthly fee, subject to availability. 1040 Park Avenue is one of Carnegie Hill's most sought-after white-glove pre-war cooperatives. Residents enjoy the highest level of service with a 24-hour doorman, concierge, porter, and full-time resident manager. Located at the prestigious northwest corner of Park Avenue and 86th Street, the building is two blocks from Central Park, Museum Mile, Madison Avenue's renowned boutiques and restaurants, and convenient public transportation in every direction. Building policies permit a maximum of 50% financing. A 2% flip tax is payable to the cooperative corporation, with responsibility determined by the terms negotiated between the purchaser and seller. Available to be shown by appointment Monday - Friday 10am -6pm.
    13 days
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    195
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    3
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    Zillow last checked:

    Listing updated:

    Listed by:

    Douglas Elliman 917-509-7620,

    Howard Margolis,

    Victor Larroche

    Source: StreetEasy,MLS#: S1840002

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bike Room, Package Room
      Appliances
      • Included: Dishwasher, Washer/Dryer
      • Laundry: Inside
      Features
      • Flooring: Hardwood
      • Has fireplace: Yes
      • Fireplace features: Wood Burning

      Property

      Accessibility
      • Accessibility features: Wheelchair Access
      Features
      • Has view: Yes
      • View description: City, Skyline
      Details
      • Parcel number: 0149800337E
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: Cooperative
      • Property subtype: Coop
      Condition
      • Year built: 1925

      Community & HOA

      Community
      • Features: Doorman, Full Time Doorman
      • Security: Doorman, Full-Time Doorman
      • Subdivision: Carnegie Hill
      HOA
      • Has HOA: Yes
      • Amenities included: Laundry, Fitness Center, Elevator(s), Concierge
      • Services included: Maintenance
      • HOA fee: $5,631 monthly
      Location
      • Region: New York

      Financial & listing details

      • Tax assessed value: $37,717,000
      • Annual tax amount: $1,890,151
      • Date on market: 7/29/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $11,963/mo

        Price history

        DateEventPrice
        7/29/2026Listed for sale$2,995,000+76.7%
        Source: StreetEasy #S1840002 Report a problem
        12/29/2021Listing removed--
        Source: Douglas Elliman Report a problem
        12/22/2021Listed for sale$1,695,000+4.3%
        Source: Douglas Elliman #4801803 Report a problem
        11/23/2021Sold$1,625,000-4.1%
        Source: StreetEasy #S1513438 Report a problem
        9/27/2021Pending sale$1,695,000
        Source: StreetEasy #4801803 Report a problem
        8/11/2021Price change$1,695,000-5.6%
        Source: StreetEasy #4801803 Report a problem
        6/21/2021Price change$1,795,000-4.3%
        Source: StreetEasy #4801803 Report a problem
        5/17/2021Price change$1,875,000-1.1%
        Source: StreetEasy #4801803 Report a problem
        4/27/2021Price change$1,895,000-4.1%
        Source: StreetEasy #4801803 Report a problem
        1/25/2021Listed for sale$1,975,000
        Source: Douglas Elliman #4801803 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2019-- --
        2018$1,890,152 $16,972,650 -12.6%
        2017-- $19,415,250
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Upper East Side

        Getting around

        99 / 100
        Walker's Paradise
        100 / 100
        Rider's Paradise
        81 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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