Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $6,500,000

Listed at $6,995,000 · Sold 7.1% below asking · Closed February 16, 2021

SOLD: 1040 5TH Avenue #5/6C
SOLD $6,500,000
Sold Co-op

$6,500,000

Listed at $6,995,000 $-495,000 vs asking

1040 5TH Avenue #5/6C

Upper East Side, Manhattan

TENNFORT CORP

MLS® #RLS10614106

RLS at REBNY

Listing by The Corcoran Group

4

Bedrooms

5.5

Baths

N/A

Sq. Ft.

1930

Year Built

Sale Details

Sale Price $6,500,000
Original List Price $6,995,000
First Listed At $8,795,000
Close Date February 16, 2021
vs. Asking Sold 7.1% below asking

Property Summary

Bedrooms 4
Bathrooms 5 full, 1 half
Year Built 1930
Ownership Co-op
Maintenance $13,096.56/mo
Neighborhood Upper East Side

Description

Perfectly situated in the premier white-glove Rosario Candela co-operative, 1040 Fifth Avenue, this palatial sun-flooded twelve room duplex is a true architectural masterpiece. Drenched in sunlight, the residence boasts spectacular Central Park views, original herringbone floors, Candela doors and moldings, soaring ceilings, a wood burning fireplace and an abundance of classical historical details. Off a semi-private elevator landing is an elegant entrance gallery from which all of the grand entertaining rooms flow. There is an impressive 29?4? by 19? living room which has two oversized windows facing west with picturesque views of Central Park and a wood burning fireplace. Adjacent to the living room is the handsome wood-paneled library which also overlooks the park. Through French doors off the gallery and living room is the formal dining room which provides the perfect space for gatherings. There is an oversized windowed eat-in kitchen with a separate windowed breakfast room. A large windowed butler's pantry connects the kitchen to the dining room for endless entertaining. A powder room and a walk-in coat closet complete the public spaces. As for the private quarters, up a sweeping staircase is the expansive primary bedroom suite which faces west with stunning views of Central Park and peaks of the reservoir. The suite includes large closets and an en-suite oversized bathroom. There are two additional massive bedrooms ? one faces west over Central Park and the other faces east ? both have en-suite windowed bathrooms and excellent closet space. There are two oversized staff rooms that could be combined to create a fourth bedroom, they are currently being used as a utility room and a home office. In addition there is a large staff bedroom and a windowed hallway bathroom. A back staircase connects to the kitchen and the elevator services both floors. Built in 1930, 1040 Fifth Avenue houses only twenty-seven apartments, and has had many prominent residents, including the late Jacqueline Kennedy Onassis. The building offers residents the highest levels of white-glove service and enjoys close proximity to the city's greatest museums along with an impressive concentration of galleries, elegant boutiques, five-star restaurants and schools. There is a 2% flip tax paid by the purchaser.

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 12
Year Built 1930

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Listing courtesy of Cathy Franklin at The Corcoran Group. 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. This 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.

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