Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,200,000

· Closed February 16, 2023

1040 5TH Avenue #Mais 1A
Closed For Sale Co-op

$3,200,000

1040 5TH Avenue #Mais 1A

Upper East Side, Manhattan

MLS® #RLS10827433

RLS at REBNY

Listing by Sotheby's International Realty, Inc.

3

Bedrooms

2.5

Baths

N/A

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3 full, 1 half
Lot Size 11,200 sq ft
Year Built 1930
Ownership Co-op
Maintenance $5,081/mo
Neighborhood Upper East Side
Floor 1 of 17

Property Highlights

  • Views: Park Greenbelt
  • Exposure: South facing
  • Climate Control: Central Air

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full, 1 Half
Floor 1 of 17
View Park Greenbelt
Exposure South
Cooling Central Air
Pets Yes
Year Built 1930
Lot Size 11,200 sq ft

Listing History

Event Date Price Change
Listed Sep 15, 2022 $3,395,000 -
Currently May 3, 2026 $3,200,000 -5.7%

Description

Every detail in this meticulously renovated maisonette apartment has been attended to from the architectural details, marble floored entry gallery and marble bathrooms to the new fully equipped kitchen with Wolf stove and ovens, and sub Zero refrigerator. Special attention has been given to sound proofing with custom thermopane windows rendering the interior an oasis of calm, flooded with sunlight from the south and west exposures and cooled throughout with central air conditioning. Access via a front door from the lobby of the building, affords the full security of twenty-four hour doormen. An additional entry from the street, has been sealed to create a large well-appointed master bathroom. The marble entry gallery with powder room, leads to the spacious south-west corner living room and adjacent formal dining room with wood and bevelled glass pocket doors between. The large, private master bedroom has an abundance of closets and en suite bathroom. The second and third bedrooms have been cleverly designed with a sliding wall so that the space may be opened into one very large room. There is a second full bathroom off the bedroom hallway, and a service door leads to the outside maid's room, conveniently located right by the apartment and included in the sale. 1040 Fifth Avenue is one of Fifth Avenue's most prestigious and sought-after pre-war buildings, designed by the celebrated Rosario Candela in 1930, and home to the late Jacqueline Kennedy Onassis and Captains of Industry.

Features & Amenities

Interior Features

Separate Formal Dining Room Entrance Foyer Eat In Kitchen

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Financial Details

Maintenance $5,081/mo
Original Price $3,395,000
Sale Price $3,200,000
Previous Price $3,395,000

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

338

Median Asking Price

$1.75M

Median $/Sqft

$1,536

Avg Days on Market

N/A

New This Week

29

Price Reduced

28%

Sold (30 Days)

36

Median Sale Price

$1.53M

Live data from RLS at REBNY • Updated 5/3/26, 12:46 PM EST

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Location

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1040 5TH Avenue #Mais 1A, 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 $5,081 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 2 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) 416-7433
MLS® ID: RLS10827433
First Listed: 9/15/2022
Price Changed: 2/16/2023
Closed: 2/16/2023
Contract Date: 9/15/2022

Listing Courtesy of Sotheby's International Realty, Inc. - 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 5/3/2026 at 4:46 PM UTC

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