Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $32,000,000

· Closed June 27, 2016

1040 5TH Avenue #10A
Closed For Sale Co-op

$32,000,000

1040 5TH Avenue #10A

Upper East Side, Manhattan

TENNFORT CORP

MLS® #RLS10087713

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

5

Bedrooms

5

Baths

N/A

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 5
Bathrooms 5
Year Built 1930
Ownership Co-op
Maintenance $11,360/mo
Neighborhood Upper East Side

Property Highlights

  • Exposure: East,South,West facing
  • Style: Prewar architecture
  • Character: Pre-war building (1930)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 11
Baths null Full
Exposure East,South,West
Pets Yes
Year Built 1930
Architectural Style Prewar
Parcel # 1497-0001-01040-000-000010A

Listing History

Event Date Price Change
Listed Nov 4, 2015 $100,000,000 -
Price Reduced Jun 27, 2016 $32,500,000 -67.5%
Currently May 14, 2026 $32,000,000 -1.5%

Description

This exceptionally desirable 11 room apartment is perfectly positioned on a high floor of one of Fifth Avenue's most prestigious pre-war co-operatives, designed by Rosario Candela. There are panoramic park and city views from all the major rooms and the apartment is flooded with light throughout the day.

The current owners retained the award-winning architectural firm of Ferguson & Shamamian to carry out a comprehensive renovation in classical taste with meticulous attention to detail. The result is a beautifully balanced and eminently livable home with the major entertaining rooms focusing on the exceptional Park, reservoir and city views.

A private elevator vestibule opens into an entrance foyer with walnut paneled double doors opening to the major reception rooms. There is a perfectly scaled, south-west corner living room with wood burning fireplace and four unusually large windows. Adjacent to the living room is a very large formal dining room, paneled in cerused white oak, with attractive book shelves and cabinetry. The library is paneled in walnut and has a wood burning fireplace. Off the foyer is a large powder room and a private bedroom hallway which leads to two large south-facing bedrooms, each with en suite bathroom, and a third bedroom also with bathroom. The master bedroom suite comprises a bright and sunny bedroom with east and south exposures, a well appointed marble bathroom, and ample walk-in closets. There is a private study/dressing room for the master bedroom which is currently used as a fifth bedroom.

The wonderfully large kitchen, designed with a sunny windowed breakfast area., pantry, mud room and full laundry room has three points of access; the bedroom hallway, the dining room and the elevator vestibule. Opening from the kitchen is a spacious, multiple use playroom/media room with powder room, and a separate generous staff room with full bathroom.

Apartments of this scale on Fifth Avenue rarely become available; this particular residence is especially pleasing in its layout and condition. This offering represents a rare opportunity for a discerning buyer.

Building Information

Financial Details

Maintenance $11,360/mo
Original Price $100,000,000
Previous Price $32,500,000

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

340

Median Asking Price

$1.64M

Median $/Sqft

$1,498

Avg Days on Market

N/A

New This Week

24

Price Reduced

28%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/14/26, 7:34 PM EST

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Location

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1040 5TH Avenue #10A, 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 $11,360 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 5 bedrooms and 5 full bathrooms.

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.

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: RLS10087713
First Listed: 11/4/2015
Price Changed: 6/27/2016
Closed: 6/27/2016
Contract Date: 11/3/2015

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Caroline E. Y. Guthrie

Listing Contact: (212) 606-7660

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 5/14/2026 at 11:34 PM UTC

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