Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $25,000,000

· Sold at asking price · Closed May 5, 2023

SOLD: 1040 5TH Avenue #9/10C
SOLD $25,000,000
Sold Co-op

$25,000,000

1040 5TH Avenue #9/10C

Upper East Side, Manhattan

MLS® #RLS10886554

RLS at REBNY

Listing by Sotheby's International Realty, Inc.

4

Bedrooms

7.5

Baths

N/A

Sq. Ft.

1930

Year Built

Sale Details

Sale Price $25,000,000
Original List Price $25,000,000
First Listed At $32,000,000
Close Date May 5, 2023
vs. Asking Sold at asking price

Property Summary

Bedrooms 4
Bathrooms 7 full, 1 half
Year Built 1930
Ownership Co-op
Maintenance $16,993/mo
Neighborhood Upper East Side
Floor 9 of 17

Description

Remarkably graceful, this exceptional high floor duplex is a superb example of Rosario Candela's beautiful and masterful work. Exceedingly large, the glorious and sunlit residence is comprised of 14 impeccably proportioned and scaled rooms, and has the good fortune to be situated in one of Carnegie Hill's most prestigious and sought-after white-glove cooperative buildings. Ideal for both grand living and extraordinary entertaining, the apartment is distinguished by endless rooms with picture perfect views from an extraordinary 18 oversized windows facing directly onto Central Park. Upon entry, this celebrated apartment opens to a private elevator landing, and beyond there is an impressive marble-floored Gallery. Graced by the original marble staircase with wrought iron balustrade, the Gallery in turn anchors each of the principal entertaining rooms. Majestically perched over Central Park, the 30-foot Living Room includes two sets of double doors and a wood burning fireplace. It is flanked by a large and handsome oak paneled Library and an elegant formal Dining Room, each with a marble-mantled wood burning fireplace and divine tree-top outlooks. A Powder Room with Ante Room is conveniently and graciously located off of the Gallery. The back of house includes an enormous windowed Kitchen, a Pantry and a Breakfast Room, as well as a Laundry Room, Staff Room and Bath, and a back stairway. There is also an unexpected east facing elongated terrace that could be accessed from an expanded breakfast area, and would be lovely for a step out to enjoy a bright morning or the crisp evening air. The upstairs private quarters include a marvelous Primary Suite with wood burning fireplace and a Park facing Dressing Room and Bath. There are three more very large Bedrooms, two of which front onto the Park, plus abundant closets, including a proper walk-in linen closet and a big cedar closet. Several additional Staff Rooms and Baths complete the floor. Incorporating many of the stunning design elements that distinguish the great buildings of the early Twentieth Century in New York City, this apartment is most certainly an architectural tour de force. Having been owned by the same family for over fifty years, the opportunity to purchase this Fifth Avenue Candela trophy property is rare.

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 14
View Park Greenbelt
Cooling Central Air
Year Built 1930

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RLS at REBNY

Listing courtesy of Serena Boardman at Sotheby's International Realty, Inc.. 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. This 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.

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