For Sale · Listing by Douglas Elliman Real Estate
1040 PARK Avenue #7E
Carnegie Hill, Manhattan
$2,995,000
1040 PARK Avenue #7E
MLS® #RLS20106224
Listing by Douglas Elliman Real Estate
- 2
- Bedrooms
- 2
- Baths
- N/A
- Sq. Ft.
- 1924
- Year Built
Quick Summary
Property Highlights
- Views: City
- Exposure: North,South facing
- Fireplace: 1 fireplace
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jul 29, 2026 | $2,995,000 | - |
| Currently | Jul 29, 2026 | $2,995,000 | - |
Description
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.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Carnegie Hill
View All Carnegie Hill ListingsCarnegie Hill is a low-traffic residential section of the Upper East Side defined by proximity to Central Park and Museum Mile. The area features low-rise historic architecture and large pre-war cooperatives, with landmarked blocks and boutique retail along Madison Avenue.
Carnegie Hill Live Market Data
View NeighborhoodActive Listings
92
Median Asking Price
$2.66M
Median $/Sqft
$1,665
Avg Days on Market
N/A
New This Week
2
Price Reduced
41%
Sold (30 Days)
19
Median Sale Price
$2.40M
Live data from RLS at REBNY • Updated 7/29/26, 1:28 PM EST
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Location
1040 PARK Avenue #7E, Carnegie Hill, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $5,631 per month. Confirm the exact amount with Milton Coste before making an offer.
This property has 2 bedrooms and 2 full bathrooms.
According to MLS records, the building was constructed in 1924, making it approximately 102 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: Pets Allowed With Board Approval.,Building Pets Allowed Comments:Pets Allowed With Board Approval.. 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) 416-7433Listing Courtesy of Douglas Elliman Real Estate - Howard N Margolis
Listing Contact: (917) 509-7620
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 Data display by Keller Williams NYC. Data last updated on 7/29/2026 at 5:28 PM UTC
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Carnegie Hill Market Update
19 sales last 30 days · $2.66M median · 4.8 months supply
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Quick Facts
Monthly Costs Estimate
$599,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
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