Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1040 Park Avenue #4G1

For Sale · Listing by Compass

1040 Park Avenue #4G1

Upper East Side, Manhattan

$825,000

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Active For Sale • Co-op

$825,000

1040 Park Avenue #4G1

Upper East Side, Manhattan

MLS® #RLS20118446

RLS at REBNY

Listing by Compass

Open House Scheduled

Sunday, October 4 • 12:30 PM – 1:30 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

1
Bedroom
1
Bath
N/A
Sq. Ft.
1925
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Lot Size 13,433 sq ft
Year Built 1925
Ownership Co-op
Maintenance $1,781.6/mo
Neighborhood Upper East Side
Floor 4 of 14

Property Highlights

  • Views: City
  • Exposure: West facing
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 4 of 14
View City
Exposure West
Cooling Other
Pets DogsOk, CatsOk
Year Built 1925
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Lot Size 13,433 sq ft
Parcel # 1498-0033-01040-000-00004G1
Block/Lot 01498/0033

Listing History

Event Date Price Change
Listed Sep 30, 2026 $825,000 -
Currently Oct 2, 2026 $825,000 -

Description

"This is a classy joint." -Groucho Marx, in an elevator at 1040 Park Avenue (In the company of the Astors and the Vanderbilts) When 1040 Park Avenue was built in 1924, its doormen regularly welcomed Rockefellers, Hammersteins, Gershwins, F. Scott Fitzgerald, Henry & Clare Boothe Luce, Edna St. Vincent Millay, Charles Lindbergh, and many of more of the era's cultural and social notables. Drawn to the famous penthouse parties hosted by resident Mr. Conde Nast, the cafe society enjoyed this inspiring destination du jour. The handsome yet demure creation of Delano & Aldrich -- 1040 Park Avenue -- became an instant classic. Here's your opportunity to own a piece of history. Sweetly situated in a fabled white glove building with stupendous service and in in-house gym, this pre-war prince is chock full of history and charm. With a living room boasting imported panels and boiserrie, a practical kitchen, a peaceful, pristine bedroom, and a freshly renovated, windowed bath with marble vanity and step-in shower, this elegant beauty is a winsome stand-out. With its high ceilings and tasteful period detail, this peaceful and private retreat offer a soulful and stylish grace that warms the heart. Enjoying all the services of its full service address, this hidden treasure is the ideal pied à terre or primary residence. A surprising find in a most tranquil part of its pet friendly address, this home is a sweet find. Its staff is seasoned, the super is live-in, and there is a gym and a remarkably convenient location. With supreme convenience to every neighborhood cultural, dining, shopping, entertainment, educational and fitness destination, this 1040 Park home is a rare chance to own a sweet piece of history. (2% of flip tax paid by the buyer)

Features & Amenities

Interior Features

Built In Features Chandelier Crown Molding High Ceilings Building Washer Dryer Install Allowed Common On Floor Flooring: Hardwood

Building Amenities

Concierge Elevators Fitness Center

Appliances

Dishwasher Electric Cooktop Range Refrigerator

Building Information

Building Data View Compliance & Permits
Total Units 88
Stories 14
Structure HighRise

Financial Details

Maintenance $1,781.6/mo

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

314

Median Asking Price

$1.77M

Median $/Sqft

$1,570

Avg Days on Market

N/A

New This Week

20

Price Reduced

26%

Sold (30 Days)

47

Median Sale Price

$1.48M

Live data from RLS at REBNY • Updated 10/2/26, 10:03 AM EST

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Location

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1040 Park Avenue #4G1, Upper East Side, New York County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1924
Year Built
102 years old
14
Floors
88
Residential Units
R10
Zoning District
Elevator Apartments Historic District: Park Avenue Historic District

Tax & Assessment

Assessed Value: $19,899,450
Land Value: $3,069,000
Exemptions: $120,670

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 13,300 SF
Building Area: 162,651 SF
Built FAR: 12.23
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,781.6 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1925, making it approximately 101 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property: Building Pets Allowed Comments:Pets Allowed. Contact Milton Coste for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20118446
First Listed: 9/30/2026
On Market: 9/30/2026
Price Changed: 9/30/2026
Contract Date: 9/22/2026

Listing Courtesy of Compass - Brian K Lewis

Listing Contact: (646) 228-7241

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/2/2026 at 2:03 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Upper East Side Market Update

47 sales last 30 days · $1.77M median · 6.7 months supply

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Quick Facts

Status Active Type Co-op Neighborhood Upper East Side Borough Manhattan
County New York
Floor 4 of 14
Year Built 1925
First Listed 9/30/2026
Maintenance $1,781.6/mo

Monthly Costs Estimate

Down Payment 20%

$165,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $1,781.6
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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