Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1040 PARK Avenue #7H

For Sale · Listing by Douglas Elliman Real Estate

1040 PARK Avenue #7H

Carnegie Hill, Manhattan

$950,000

Interested in this property?
Active For Sale Co-op

$950,000

1040 PARK Avenue #7H

Carnegie Hill, Manhattan

MLS® #RLS20109605

RLS at REBNY

Listing by Douglas Elliman Real Estate

1
Bedroom
1
Bath
N/A
Sq. Ft.
1924
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1924
Ownership Co-op
Maintenance $2,227/mo
Neighborhood Carnegie Hill
Floor 7 of 14

Property Highlights

  • Views: City
  • Character: Pre-war building (1924)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 7 of 14
View City
Pets Yes
Year Built 1924
Structure Type HighRise
Basement Other
Block/Lot 01498/0033

Listing History

Event Date Price Change
Listed Aug 16, 2026 $950,000 -
Currently Aug 17, 2026 $950,000 -

Description

Prewar 1 Bedroom coop located in elegant white glove prestigious Park Avenue building designed by Delano & Aldrich in 1925. The apartment has open views facing east over Park Avenue, original hardwood floors, high ceilings and oversized windows with tons of natural light. The foyer has a large walk-in closet, nice size living room with separate dining area, spacious bedroom with generous wall of closets and large windowed bathroom. There is 1 additional walk-in closet. Pets allowed with board approval. 1040 Park Avenue is a highly sought after elegant 14 story pre-war building in Carnegie Hill with Art Deco details. This sophisticated apartment building, located on the Northwest corner of Park Avenue and 86th Street, is close to Central Park, Museum Mile and Madison Avenue shopping. Public transportation is just steps away. Full-time doorman, concierge and live-in-resident manager. Maximum financing: 50%. Flip tax: 2%.

Features & Amenities

Interior Features

Building Other

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 $2,227/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

73

Median Asking Price

$2.35M

Median $/Sqft

$1,654

Avg Days on Market

N/A

New This Week

2

Price Reduced

44%

Sold (30 Days)

8

Median Sale Price

$1.50M

Live data from RLS at REBNY • Updated 8/17/26, 4:46 PM EST

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Location

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1040 PARK Avenue #7H, Carnegie Hill, New York County

Floor Plans

Floor Plan 1

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $2,227 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 1 bedroom and 1 full bathroom.

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 Milton Coste for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.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: RLS20109605
First Listed: 8/16/2026
On Market: 8/16/2026
Price Changed: 8/16/2026
Contract Date: 8/16/2026

Listing Courtesy of Douglas Elliman Real Estate - Nicole A Orphanos

Listing Contact: (917) 309-3045

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 8/17/2026 at 8:46 PM UTC

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Carnegie Hill Market Update

8 sales last 30 days · $2.35M median · 9.1 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Co-op Neighborhood Carnegie Hill Borough Manhattan
County New York
Floor 7 of 14
Year Built 1924
First Listed 8/16/2026
Maintenance $2,227/mo

Monthly Costs Estimate

Down Payment 20%

$190,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $2,227
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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