Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

1040 PARK Avenue #11C
Interested in this property?
Pending For Sale Co-op

$2,995,000

$1,109 per sq ft

1040 PARK Avenue #11C

Carnegie Hill, Manhattan

MLS® #RLS20067094

RLS at REBNY

Listing by Douglas Elliman Real Estate

3

Bedrooms

3.5

Baths

2,700

Sq. Ft.

1924

Year Built

Quick Summary

Bedrooms 3
Bathrooms 4 full, 1 half
Living Area 2,700 sq ft
Year Built 1924
Ownership Co-op
Maintenance $6,612/mo
Neighborhood Carnegie Hill
Floor 11 of 14

Property Highlights

  • Views: City, Park Greenbelt
  • Exposure: East,West facing
  • Fireplace: 1 fireplace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 8
Baths 3 Full, 1 Half
Floor 11 of 14
View City, Park Greenbelt
Exposure East,West
Pets Yes
Year Built 1924
Living Area 2,700 sq ft
Structure Type HighRise
Basement Other
Block/Lot 01498/0033

Listing History

Event Date Price Change
Listed Jan 15, 2026 $2,995,000 -
Currently Jul 2, 2026 $2,995,000 -

Description

1040 Park Avenue - Classic Eight with Grand Scale This classic eight-room prewar residence, offered in estate condition with its original layout, presents a rare opportunity to create a truly grand Park Avenue home. A dramatic 30-foot entry gallery sets the tone, offering an impressive approach and ideal wall space for art and collections. The gallery opens into a magnificent oversized living room featuring a working wood-burning fireplace, providing the opportunity for a striking custom mantel and elegant focal point. Beyond the living room lies a formal dining room designed to accommodate large-scale entertaining. Together, the living and dining rooms span approximately 50 feet, flowing east to west and creating a spectacular entertaining expanse rarely found today. The residence offers three generously proportioned bedrooms, an additional staff room, three full baths, and one half bath. A large windowed eat-in kitchen is complemented by a separate breakfast room that provides pantry storage and space for a washer and dryer. Soaring 9.5-foot ceilings, oversized windows, and primarily southern and eastern exposures flood the home with light and provide open views down Park Avenue. Located on the northwest corner of 86th Street and Park Avenue, 1040 Park Avenue is a full-service prewar cooperative offering white-glove doorman service, an exceptionally attentive staff, concierge, and on-site resident manager. The building also features a recently renovated fitness center and storage bins (when available). 1040 Park Avenue has a flexible renovation process. The buildings board will work with your team to create a dramatic property that can be enjoyed and lived in for many years to come. Note most renovations will require updating of electric, plumbing and other primary features of the unit. Maximum 50% financing . Just one block from Central Park, Museum Mile, and the world-class boutiques of Madison Avenue. Bring your architect and contractor and re-imagine this extraordinary home

Features & Amenities

Interior Features

Separate Formal Dining Room Building Other In Unit Fireplace (1)

Exterior Features

None

Building Amenities

Bike Storage Elevators Storage

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 85
Stories 14
Structure HighRise

Financial Details

Maintenance $6,612/mo

Carnegie 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 Neighborhood

Active Listings

109

Median Asking Price

$2.69M

Median $/Sqft

$1,664

Avg Days on Market

N/A

New This Week

2

Price Reduced

47%

Sold (30 Days)

15

Median Sale Price

$2.44M

Live data from RLS at REBNY • Updated 7/2/26, 4:35 AM EST

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Location

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1040 PARK Avenue #11C, Carnegie Hill, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1924
Year Built
102 years old
14
Floors
88
Residential Units
R10
Zoning District
Elevator Apartments Historic District: Park Avenue Historic District

Tax & Assessment

Assessed Value: $19,899,450
Land Value: $3,069,000
Exemptions: $116,830

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

Lot Area: 13,300 SF
Building Area: 162,651 SF
Built FAR: 12.23
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 $6,612 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 2,700 square feet. Verify dimensions independently during due diligence.

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 the listing broker for weight limits or breed restrictions.

At the current list price of $2,995,000 for 2,700 sq ft, the asking price per square foot is approximately $1,109. 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 mcoste@kwnyc.com. 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: RLS20067094
First Listed: 1/15/2026
On Market: 1/15/2026
Price Changed: 1/15/2026
Pending Since: 4/13/2026
Contract Date: 1/15/2026

Listing 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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 7/2/2026 at 8:35 AM UTC

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