Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1040 Fifth Avenue #3A
Interested in this property?
Active For Sale Co-op

$12,000,000

$2,750 per sq ft

1040 Fifth Avenue #3A

Upper East Side, Manhattan

MLS® #RLS20054513

RLS at REBNY

Listing by Sothebys International Realty

4

Bedrooms

5.5

Baths

4,363

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 4
Bathrooms 6 full, 1 half
Living Area 4,363 sq ft
Lot Size 11,200 sq ft
Year Built 1930
Ownership Co-op
Maintenance $11,952/mo
Neighborhood Upper East Side

Property Highlights

  • Views: City
  • Exposure: South,West facing
  • Climate Control: Central Air

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 10
Baths 5 Full, 1 Half
View City
Exposure South,West
Cooling Central Air
Pets Yes
Year Built 1930
Living Area 4,363 sq ft
Structure Type MultiFamily
Flooring Hardwood
Lot Size 11,200 sq ft
Block/Lot 01497/0001

Listing History

Event Date Price Change
Listed Jul 9, 2025 $12,000,000 -
Currently May 4, 2026 $12,000,000 -

Description

1040 FIFTH AVENUE, APARTMENT 3A This glamorous and graceful twelve-into-ten room residence is ideally situated in the heart of the Metropolitan Museum Historic District. Designed by Rosario Candela, this corner residence is awash in southern and western light throughout the day and boasts beautiful tree-lined views of Central Park through oversized windows. The majestic sweep of this home epitomizes grace and elegance. Accessed via a private elevator landing, the elegant Gallery opens to a marvelous corner Living Room, featuring southern and western exposures, nearly 30 feet facing Fifth Avenue, and a wood-burning fireplace. Adjacent, the generous Dining Room shares the same delightful leafy Central Park outlooks. Nearby, the handsome wood- paneled Library overlooks leafy East 85th Street. Beyond, a spacious eat-in Kitchen is supported by a separate Breakfast Room, a Laundry Room, and a Staff Room with a full bath. A Powder Room completes the grand and welcoming sweep of the entertainment rooms. Serene private quarters include a vast south-facing Primary Bedroom (originally two separate bedrooms) with two large ensuite bathrooms and an expansive walk-in closet. There are two additional Bedrooms, both generous in size and with ensuite baths and very ample closets. Incorporating many of the stunning design elements as well as the sublime proportions and scale that distinguish the great buildings of the early twentieth Century in New York City, this apartment is endlessly appealing and recalls an era of understated elegance and privilege. Rosario Candela’s enduring and iconic 1929 design is notable for its limestone façade, 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.

Features & Amenities

Interior Features

In Unit Flooring: Hardwood

Building Amenities

Elevators

Appliances

Dryer Washer Dryer Stacked Dishwasher Washer

Building Information

Building Data View Compliance & Permits
Total Units 28
Stories 17
Structure MultiFamily

Financial Details

Maintenance $11,952/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

336

Median Asking Price

$1.75M

Median $/Sqft

$1,534

Avg Days on Market

N/A

New This Week

22

Price Reduced

28%

Sold (30 Days)

36

Median Sale Price

$1.53M

Live data from RLS at REBNY • Updated 5/4/26, 12:29 PM EST

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Location

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1040 Fifth Avenue #3A, Upper East Side, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
17
Floors
28
Residential Units
R10
Zoning District
Elevator Apartments Historic District: Metropolitan Museum Historic District

Tax & Assessment

Assessed Value: $19,319,850
Land Value: $3,213,000
Exemptions: $36,000

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

Lot Area: 11,200 SF
Building Area: 146,235 SF
Built FAR: 13.06
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 $11,952 per month. Confirm the exact amount with the listing broker 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 4 bedrooms and 5 full bathrooms and 1 half bathroom.

The listed interior living area is 4,363 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1930, making it approximately 96 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. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $12,000,000 for 4,363 sq ft, the asking price per square foot is approximately $2,750. This figure is for reference only and may differ from appraised or assessed values.

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: RLS20054513
First Listed: 10/14/2025
On Market: 7/9/2025
Price Changed: 10/14/2025
Contract Date: 7/9/2025

Listing Courtesy of Sothebys International Realty - Serena Boardman

Listing Contact: (212) 606-7611

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 5/4/2026 at 4:29 PM UTC

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