SOLD FOR $8,350,000
· Closed October 13, 2022
1040 5TH Avenue #7/8B
MLS® #RLS10802855
Listing by Douglas Elliman Real Estate
3
Bedrooms
4.5
Baths
N/A
Sq. Ft.
1930
Year Built
Quick Summary
Property Highlights
- Exposure: East,West facing
- Character: Pre-war building (1930)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jan 14, 2022 | $7,995,000 | - |
| Price Reduced | Oct 17, 2022 | $8,100,000 | +1.3% |
| Currently | May 5, 2026 | $8,350,000 | +3.1% |
Description
THE FIFTH AVENUE HOME YOU HAVE BEEN DREAMING OF...
Make this special, beautifully maintained 10-room, 4 1/2 bath apartment with mesmerizing views of Central Park your forever home at the historic 1040 Fifth Avenue Cooperative. This lovely and expansive beauty retains its original, elegant duplex layout by celebrated architect, Rosario Candela. The marble-floored central gallery on the 7th floor leads to all formal entertaining rooms, a powder room, and a graceful, curving staircase to the bedroom quarters on the 8th floor.
The opulent, yet timeless formal rooms feature herringbone floors, high ceilings and gracious proportions. The sunny, grand living room and adjacent, handsome, wood-paneled library both feature fireplaces and face west with direct Central Park views and breathtaking sunsets. Off of the east side of the gallery, the large dining room was designed for hosting dinner parties. It connects to the pantry with charming Shaker-style cabinetry and passes through to the spacious, windowed eat-in kitchen, ready to be updated and transformed into your dream kitchen. A second back staircase leads from the rear of the kitchen to the 8th floor.
Up the front staircase with wrought-iron handrail, a central landing connects to the three large bedrooms, each with an en-suite bathroom. The west-facing primary and second bedrooms enjoy sweeping park views and the third, east-facing bedroom is especially quiet and secluded. Down a corridor to the rear of the home, two smaller rooms are located along with a shared fourth full bathroom, and a kitchenette. Originally staff rooms, each smaller room would work well as a nursery, office, guest room, or nanny's room.
Constructed in 1930, 1040 Fifth Avenue is one of the most exclusive, white glove cooperatives on Fifth Avenue. This regal limestone building was once home to Jacqueline Kennedy Onassis and is one of the architectural masterpieces on the Upper East Side. Spend your free time walking in Central Park, shopping on Madison Avenue or exploring the Metropolitan Museum of Art just one block away. Don't miss out on this rare opportunity to own a special piece of New York history.
Please note that financing is not permitted and there is a 2% flip tax paid by the purchaser.
Building Information
Financial Details
About Upper East Side
View All Upper East Side ListingsThe 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 NeighborhoodActive Listings
333
Median Asking Price
$1.72M
Median $/Sqft
$1,527
Avg Days on Market
N/A
New This Week
16
Price Reduced
29%
Sold (30 Days)
38
Median Sale Price
$1.56M
Live data from RLS at REBNY • Updated 5/4/26, 10:14 PM EST
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Location
1040 5TH Avenue #7/8B, Upper East Side, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
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Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $11,747 per month. Confirm the exact amount with the listing broker before making an offer.
This property has 3 bedrooms and 4 full bathrooms and 1 half bathroom.
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 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) 416-7433Listing Courtesy of Douglas Elliman Real Estate - Paul Zweben
Listing Contact: (212) 769-9807
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 Data display by Keller Williams NYC. Data last updated on 5/5/2026 at 2:14 AM UTC