Overview

Tennfort Corp

1040 5th Avenue, New York, NY 10028

Co-op in Upper East Side

29 Units

1040 is considered one of "the great apartment houses” from the 1920s. That’s according to architecture critic and Pulitzer Prize winner Paul Goldberger. And there are many reasons why.

The striking 18-story building, erected in 1930, is known for its distinctive roofline, canopied entrance, cast-iron doors and lush sidewalk landscaping. It’s located in the Carnegie hill area of Manhattan, immediately opposite Central Park, and about a block away from the Metropolitan Museum of Art as well as the Solomon R. Guggenheim Museum.

1040 Fifth Ave. was designed by Rosario Candela, a Sicilian American architect who designed numerous apartment buildings on Manhattan’s Upper East Side, including Sutton Place, 960 Fifth Avenue at East 77th Street and 720 Park Avenue at East 70th Street.

Like many of Candela’s designs, 1040 has an understated exterior. Among its more unique qualities include an asymmetrical roof, yellow brick, high arches, cast-iron doors and limestone cladding (now a rare and uncommon luxury). Units in the building — there are only 27 — tout original details like herringbone floors, moldings and high ceilings.

Perhaps its most famous resident was First Lady Jackie Kennedy Onasis, who lived on the building’s 15th floor from 1964 until her death in 1994. Her apartment included five bedrooms and Central Park views that look out onto what’s now called the Jacqueline Kennedy Onassis Reservoir. Hedge fund manager Glenn Dubin bought it in 2006 for $30 million.

Ten years later, another 1040 residence was sold by Wall Street exec Thomas Lehrman and his wife, Majorie, for $32.5 million — an $11.5 million profit.

There is no gym facility, however residents can enjoy a “playroom,” media room and close access to the 4, 5 and 6 trains at the 86th Street subway station. The B, C and Q trains are over half a mile away.

Among the nearby schools are Marymount Manhattan College, the New York School of Interior Design and Hunter College.


See the full transaction history for 1040 5th Avenue below.

Currently For Sale

3 Bed at 120 Riverside Blvd Unit MAISNETTE $3,650,000 1040 5th Ave Unit MAISNETTE

3 Bed | 2.5 Bath

Listed by Ann Folan
4 Bed at 120 Riverside Blvd Unit 910C $32,000,000 1040 5th Ave Unit 910C

4 Bed | 6.5 Bath

Listed by Serena Boardman

Building Experts

Caroline E. Y. Guthrie Brown Harris Stevens 1 closed deals in this building

Building Info

Amenities

  • Dogs Allowed
  • Cats Allowed
  • Doorman
  • Laundry in Unit
  • Central Air Conditioning
  • Dryer
  • Elevator
  • Number of Elevators: 2



Building Policies

  • Cats Allowed
  • Dogs Allowed

Overview

  • Basement Type

    2
  • Gross Building Area

    146,235
  • Lot Size Depth Feet

    100
  • Lot Size Frontage Feet

    112
  • Year Built

    1930

General

  • First Altered Year

    1987
  • Recent Altered Year

  • Building Count

    1
  • Floor Count

    17
  • Total Unit Count

    29
  • Building Frontage

    112
  • Building Depth

    88
  • Lot Area Sqft

    11,200

Unit Count

  • Residential Unit Count

    28

Building Floor Area

  • Residential Building Floor Area

    144,285
  • Commercial Building Floor Area

    1,950
  • Office Building Floor Area

    1
  • Garage Building Floor Area

  • Factory Building Floor Area

  • Retail Building Floor Area

  • Storage Building Floor Area

  • Other Building Floor Area

    450.00

Floor Area Ratios

  • Built Floor Area Ratio

    13.06
  • Residential Floor Area Ratio

    10.00
  • Commercial Floor Area Ratio

    0.00
  • Facilities Floor Area Ratio

    10.00

Building

  • Building Type

    D4
  • Lot Type

    3
  • Irregular Lot Code

    N
  • Land Use

    03
  • Proximity Code

    2
  • Extension Code

  • Easements


Ownership

  • Current Owner's Full Name

    TENNFORT CORP

Neighborhood

  • School District

    02
  • Community District

    108
  • City Council District

    4
  • Historic District Name

    Metropolitan Museum Historic District
  • Landmark Name

  • Police Precinct

    19
  • Fire Company

    L013
  • Health Area

    3600
  • Health Center District

  • Sanitation District

  • Sanitation District Borough

    1
  • Sanitation Subsection

    4A

Zoning

  • Limited Height District

  • Zoning

    R10
  • Special Purpose District 1

    PI
  • Special Purpose District 2

  • Special Purpose District 3

  • Split Boundary Zone Indicator

    N
  • Zoning Commercial Overlay 1

  • Zoning Commercial Overlay 2

  • Zoning District 2

  • Zoning District 3

  • Zoning District 4


Geography

  • Full Street Address

    1040 5 AVENUE
  • Zip Code

    10028
  • Borough Name

    MN
  • Borough Code

    1
  • Block

    1497
  • Lot

    1
  • Borough Block Lot

    1014970001
  • Condominium Number


Valuation

  • Assessed Land Value

    $3,213,000
  • Assessed Total Value

    $15,943,050
  • Exempt Land Value

    $110,280
  • Exempt Total Value

    $110,280



Neighborhood

Stats & Trends

$33,250,000

Median Asking

6.52%

Below Asking

-

Sale Price/ft²

244

Days on Market

Transportation

4

5

6

at 86th St 0.28 mi | 7 min walk

6

at 77th St 0.51 mi | 12 min walk

C

B

at 81st St - Museum of Natural History 0.60 mi | 15 min walk

N

Q

T

at 96th St 0.73 mi | 18 min walk

Schools

School Type Grades Distance
Ps 6 Lillie D Blake Elementary PK to 5 0.25 mi
Jhs 167 Robert F Wagner Middle School 6 to 8 0.64 mi
Life Sciences Secondary School High School 9 to 12 0.79 mi
Eagle Academy for Young Men of Harlem Secondary School 6 to 11 2.61 mi
New Explorations into Sciencetech and Math High School Other KG to 12 4.39 mi
Thurgood Marshall Academy Lower School Elementary KG to 5 3.33 mi
Hamilton Heights School Elementary KG to 5 3.21 mi
River East Elementary Elementary PK to 5 1.9 mi
Bilingual Bicultural School (the) Elementary PK to 5 1.28 mi
Tag Young Scholars Elementary KG to 8 1.28 mi
Central Park East I Elementary PK to 5 1.08 mi
Anderson School (the) Elementary KG to 8 0.91 mi
Vanguard High School High School 9 to 12 1.08 mi
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

Recent Updates

Sep 10, 2021

Unit MAISNETTE - 3 Bed | 2.5 Bath

Status Change

Aug 3, 2021

Unit 910C - 4 Bed | 6.5 Bath

Relisted

Status Change

Jun 23, 2021

Unit MAISNETTE - 3 Bed | 2.5 Bath

$3,650,000

Listed

Apr 28, 2021

Unit 910C - 4 Bed | 6.5 Bath

$32,000,000

Listed

Apr 28, 2021

Unit 910C - 4 Bed | 6.5 Bath

$32,000,000

Price Increase $32,000,001 (0.0%)

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Units

Transaction history for 1040 5th Avenue

Unit Br Ba ft² Listed Listing Agent Asking
Common Charges
Closed Closing Buyer(s)
Unit MAISNETTE 3 2.5 0 Jun 23, 2021 Ann Folan $3,650,000
$4,920/mo
Active
Unit 910C 4 6.5 0 Apr 28, 2021 Serena Boardman
Sotheby's International Realty, Inc.
$32,000,000
$16,152/mo
Active
Unit 13A - - - - - - Jun 24, 2021 $15,500,000 1040513a Llc
Unit 56C - - - - - - Feb 16, 2021 $6,500,000 Marisol L Brekka
Richard J Brekka
Unit 10A 5 4.5 - Nov 3, 2015 Caroline E. Y. Guthrie
Brown Harris Stevens
$32,000,000
$11,360/mo
Jun 27, 2016
236 Days
$32,000,000 James S Tisch Trustee
Lrl 2012 Residence Trust
Unit 14A 4 4.5 - Oct 30, 2014 Emily Beare
CORE Group Marketing, LLC
$34,500,000
$12,040/mo
Jul 10, 2015
252 Days
$30,000,000
-13.04%
Tulpe Llc
Unit 2C - - - - - - Feb 20, 2014 $3,600,000 Sanja K Frank
Unit 34B - - - - - - Nov 9, 2012 $6,500,000 Dorothy Rebecca Davies
Jeremy R Kramer
Unit PHA - - - - - - Mar 26, 2012 $13,000,000 Clementina S Flaherty
Unit MULTIPLE - - - - - - Jan 3, 2011 $3,600,000 Gayle Gross
Paul Gross
Unit - - - - - - - Apr 30, 2009 $150,000 Eva Dubin
Unit 10A - - - - - - Sep 15, 2008 $21,000,000 Marjorie G Lehrman
Thomas D Lehrman
Unit 14A - - - - - - Jan 16, 2008 $21,420,000 Jeff T Blau
Unit MULTIPLE - - - - - - Sep 20, 2006 $30,000,000 Eva Dubin
Glenn Dubin
Unit 14A - - - - - - Sep 13, 2005 $12,375,000 Donya A Bommer
Scott A Bommer
Unit 1C - - - - - - Jul 25, 2005 $1,925,000 Md Arielle Nb Kauvar
Md David R Kauvar
Unit 34B - - - - - - Sep 11, 2003 - Five Ross Inc

Apartments for Sale at 1040 5th Avenue

UnitBrBaft²ListedListing AgentAskingPrice/ft² Common Charges Floorplans
Unit MAISNETTE 3 2.5 0 Jun 23, 2021 Ann Folan $3,650,000 - $4,920/mo
Unit 910C 4 6.5 0 Apr 28, 2021 Serena Boardman
Sotheby's International Realty, Inc.
$32,000,000 - $16,152/mo

Apartments for Rent at 1040 5th Avenue

UnitBrBaft²ListedListing AgentAskingPrice/ft²Floorplans

Photo Galleries

Similar Buildings

More about 1040 5th Avenue

Located in Upper East Side, 1040 5th Avenue was first built in 1930 and is 91 years old. There are a total of 17 floors in 1040 5th Avenue, but good news, residents have access to 2 elevators. There are 15 closings on record since January 1, 1970, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 244 days and tend to sell below the original asking price of $33,250,000 by -6.52%. In recent years, the longest days-on-market transaction was unit 14A, listed on October 30, 2014 for $34,500,000. This particular unit ultimately sold 252 days later for $30,000,000.The most recently closed transaction was unit 13A, which sold for $15,500,000 on June 24, 2021.

There are currently a total of 2 active listings. A breakdown of active listings shows 1 three-bedroom, and 1 four-plus-bedroom listings for sale. Unit MAISNETTE is currently the lowest priced apartment in the building, with an asking price of $3,650,000. At the high end, unit 910C has 4 bedrooms and an asking price of $32,000,000.

Last but not least, there are many great amenities and features for residents in the building. You can expect to be greeted by a doorman which means any packages you mail home will also be taken care of! Best yet, washer and dryers are allowed in each unit. The closest transportation nearby is the 86th St 4 line.