Key Details
$2,995,000
2 Beds
2
—
5
Coop
Excellent
7E
7
For Sale
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.
Important Stuff
| Maintenance | $5,631/mo |
| Financing / Down Payment | 50% |
| Pets | Pets OK |
Home Features
Bicycle Room City View Concierge Doorman Elevator Fireplace Health Club Laundry Laundry In Unit Pied a Terre Storage
Building Amenities
Doorman Elevator Health Club Laundry Storage Pied a Terre
Building Info
| Address | 1040 Park Avenue |
| Year Built | 1924 |
| Total Units | 83 |
| Stories | 14 |
| Service Level | Elevator |
| Building Type | Coop |
| Building Pets Policy | Pets OK |
| More on StreetEasy | View Building |
Map
History
| Listed | July 29, 2026 |
| Days on Market | 13 |
| Last Updated | August 5, 2026 |
Full public sale/price history isn't available through our listing feed for this property. See this listing on StreetEasy for recorded sale history where available.
What It'll Cost
Known monthly carrying costs (excludes mortgage): $5,631/mo · Maintenance $5,631
For a full breakdown of closing costs, mansion tax, mortgage recording tax, and title insurance on this $2,995,000 purchase, use our NYC Buyer Closing Cost Calculator and our Commission Rebate Calculator to see how much NestApple can rebate you at closing.
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Closed-sale data isn't available through our current listing feed for this neighborhood. Check StreetEasy for recent comparable sales.