Overview

1040 Park Avenue

1040 Park Avenue, New York, NY 10028

Co-op in Carnegie Hill

92 Units

1040 Park Avenue is a Georgian-style Art Deco building. It was designed by Delano & Aldrich and erected in 1925.

The building is known for its tortoise and hare friezes that adorn the top of its three-story limestone base.

Altogether, there are 14 floors. The residence offers a full-time doorman, central air conditioning and a fitness center.

Its Carnegie Hill location is near the Metropolitan Museum of Art and countless other attractions, including high-end restaurants, boutiques and art galleries along Madison Avenue. The 4/5/6 and Q trains are nearby.

Perhaps its most famous resident was publishing magnate Conde Nast, who resided in its custom-designed penthouse high above the Upper East Side. He’s believed to have hosted composer George Gershwin, poet Edna St. Vincent Millay and painter Edward Steichen for a housewarming party when the building first opened.


See the full transaction history for 1040 Park Avenue below.

Currently For Sale


Building Experts

Dorothy Schrager Warburg Realty Partnership Ltd. 1 closed deals in this building

Building Info

Amenities

  • Dogs Allowed
  • Cats Allowed
  • Laundry in Unit
  • Fitness Center
  • Doorman
  • Through-wall Air Conditioning
  • Yes Air Conditioning
  • Exclusive
  • Direct Feed
  • Laundry in Building
  • Dryer
  • New Construction
  • Window Air Conditioning
  • Elevator
  • Number of Elevators: 5



Building Policies

  • Cats Allowed
  • Dogs Allowed

Overview

  • Basement Type

    2
  • Gross Building Area

    162,651
  • Lot Size Depth Feet

    133
  • Lot Size Frontage Feet

    100
  • Year Built

    1925

General

  • First Altered Year

  • Recent Altered Year

  • Building Count

    1
  • Floor Count

    14
  • Total Unit Count

    92
  • Building Frontage

    98
  • Building Depth

    122
  • Lot Area Sqft

    13,300

Unit Count

  • Residential Unit Count

    88

Building Floor Area

  • Residential Building Floor Area

    159,651
  • Commercial Building Floor Area

    3,000
  • Office Building Floor Area

    3
  • Garage Building Floor Area

  • Factory Building Floor Area

  • Retail Building Floor Area

  • Storage Building Floor Area

  • Other Building Floor Area


Floor Area Ratios

  • Built Floor Area Ratio

    12.23
  • 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

    PARK 86 APT CORP

Neighborhood

  • School District

    02
  • Community District

    108
  • City Council District

    4
  • Historic District Name

    Park Avenue 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 PARK AVENUE
  • Zip Code

    10028
  • Borough Name

    MN
  • Borough Code

    1
  • Block

    1498
  • Lot

    33
  • Borough Block Lot

    1014980033
  • Condominium Number


Valuation

  • Assessed Land Value

    $3,069,000
  • Assessed Total Value

    $16,972,650
  • Exempt Land Value

    $298,827
  • Exempt Total Value

    $298,827



Neighborhood

Stats & Trends

$995,000

Median Asking

1.33%

Below Asking

$999

Sale Price/ft²

187

Days on Market

Transportation

4

5

6

at 86th St 590 ft | 3 min walk

6

at 96th St 0.48 mi | 12 min walk

C

B

at 81st St - Museum of Natural History 0.78 mi | 19 min walk

N

Q

T

at 72nd St 0.80 mi | 20 min walk

Schools

School Type Grades Distance
Ps 6 Lillie D Blake Elementary PK to 5 0.27 mi
Jhs 167 Robert F Wagner Middle School 6 to 8 0.59 mi
Life Sciences Secondary School High School 9 to 12 0.63 mi
Eagle Academy for Young Men of Harlem Secondary School 6 to 11 2.6 mi
New Explorations into Sciencetech and Math High School Other KG to 12 4.39 mi
Urban Assembly School for Applied Math and Science (the) High School 6 to 12 5 mi
Thurgood Marshall Academy Lower School Elementary KG to 5 3.3 mi
Hamilton Heights School Elementary KG to 5 3.21 mi
River East Elementary Elementary PK to 5 1.8 mi
Bilingual Bicultural School (the) Elementary PK to 5 1.18 mi
Tag Young Scholars Elementary KG to 8 1.17 mi
Anderson School (the) Elementary KG to 8 1.08 mi
Central Park East I Elementary PK to 5 1.02 mi
Vanguard High School High School 9 to 12 1.06 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

Nov 14, 2021

Unit 5J - 3 Bed | 2 Bath

Contract Pending

Status Change

Nov 11, 2021

Unit 7E - 2 Bed | 2.5 Bath

Contract Pending

Status Change

Oct 29, 2021

Unit 13J - 2 Bed | 2.5 Bath

Contract Pending

Status Change

Oct 28, 2021

Unit 13J - 2 Bed | 2.5 Bath

Status Change

Oct 13, 2021

Unit 5J - 3 Bed | 2 Bath

Status Change

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Units

Transaction history for 1040 Park Avenue

Unit Br Ba ft² Listed Listing Agent Asking
Common Charges
Closed Closing Buyer(s)
Unit 4ESR - - - - - - Aug 3, 2021 $2,625,000 Dana Meltzer
Gary Meltzer
Unit 13H - - - - - - Jun 3, 2021 - Dean H Eisner Revocable Trust
Eisner Trustee Dean H
Unit 9E 3 3 - Sep 21, 2020 Thomas Chandler
Brown Harris Stevens
$3,200,000
$5,047/mo
May 7, 2021
227 Days
$2,850,000
-10.94%
Roopa Kohli-seth
Sandesh Seth
Unit 6D - - - - - - Jul 29, 2020 $1,450,000 Louis Ventura
Susan Ventura
Unit 7H 1 1 715 Jun 27, 2019 Gennadi Barmin
Elliman
$699,000
$1,804/mo
Feb 19, 2020
236 Days
$655,000
-6.29%
Alice D Clero
Remi Clero
Unit SR10 - - - - - - Oct 7, 2019 $199,000 Kidgie M Williams
Unit SR2 - - - - - - Oct 7, 2019 $201,786 Jay R Deutsch
Rose A Deutsch
Unit SR10 - - - - - - Sep 6, 2019 $199,000 Jay R Deutsch
Rose A Deutsch
Unit 8G1 - - - - - - Mar 16, 2018 $710,000 Eric Purther
Justine Purther
Unit 13H 1 1 - Nov 2, 2017 Howard N. Margolis
Douglas Elliman
$750,000
$1,864/mo
Dec 22, 2017
49 Days
$790,500
+5.40%
Dean Eisner
Unit 9D 2 2.5 - Apr 28, 2017 Karen Connolly Advocate
Elliman
$1,695,000
$3,080/mo
Sep 11, 2017
135 Days
$1,672,500
-1.33%
Aaron Menche
Aliza Menche
Unit 4G1 1 1 - Feb 3, 2017 Brian Lewis
Halstead Property, LLC
$550,000
$1,361/mo
Aug 10, 2017
187 Days
$550,000 Phyllis Cohen Gladstein
Unit - - - - - - - Apr 12, 2017 $149,185 Katherine Solomon
Paul Solomon
Unit 14H 1 1 975 Jun 9, 2016 Harry DiOrio
Elliman
$995,000
$2,056/mo
Jan 3, 2017
207 Days
$850,000
-14.57%
Anna Volinkaty Wheeler
Christopher Gray Wheeler
Unit 2E - - - - - - Mar 15, 2016 $2,733,400 Jay R Deutsch
Rose A Deutsch
Unit 12G1 - - - - - - Jun 19, 2014 $641,000 Geraldine Nelson Wyman
Samuel Wyman
Unit 3H 1 1 - Mar 28, 2014 Aleta Shipley
Stribling & Associates
$1,150,000
$1,548/mo
Jun 18, 2014
81 Days
$1,150,000 Gerard Schwarz
Jody Schwarz
Unit 10J 2 3 - Apr 10, 2013 Dorothy Schrager
Warburg Realty Partnership Ltd.
$3,395,000
$3,195/mo
Dec 30, 2013
263 Days
$3,395,000 Martha Kline
Robert Kline
Unit MULTIPLE - - - - - - Jul 31, 2013 $4,825,000 Wandy Hoh
William Hoh
Unit 11G2 - - - - - - Jul 2, 2013 $450,000 Steven Pomerantz
Yvette Pomerantz
Unit 9F - - - - - - Nov 15, 2012 $6,750,000 Alexandra B Jenkins
Timothy J Jenkins
Unit 9H9J - - - - - - Sep 10, 2012 $3,381,000 Katherine Solomon
Paul Solomon
Unit 10D2 - - - - - - May 9, 2012 $790,000 Betsy Schulberg
Unit - - - - - - - Nov 16, 2011 $39,973 Gerard Schwarz
Jody Schwarz
Unit 1G1 - - - - - - Aug 15, 2011 $275,000 Park-86 Apt Corp
Unit MULTIPLE - - - - - - Jul 7, 2011 - Segal As Tenant In Common Joel M
Segal As Tenant In Common Susan Falk
Unit 3D2 - - - - - - May 4, 2011 $715,000 Gerard Schwarz
Jody Schwarz
Unit 10D2 - - - - - - Mar 29, 2011 $710,000 Andrew R Cherna
Courtney W Cherna
Unit 5F - - - - - - Dec 21, 2010 $4,525,000 Lauren Burke
William Burke
Unit 4G1 - - - - - - Dec 15, 2010 $485,000 Christopher Gray Wheeler
Unit SR2 - - - - - - Dec 3, 2010 $175,000 Kidgie M Williams
Unit 4SR - - - - - - Aug 25, 2010 $150,000 Suzanne C Simon
Unit 3D1 - - - - - - Jul 19, 2010 $625,000 Gerard Schwarz
Jody Schwarz
Unit 10FG - - - - - - Jun 15, 2010 $4,425,000 Holly Fedorcik
Mark Fedorcik
Unit 2D - - - - - - Mar 2, 2010 $1,775,000 Arlene Rosenberg Dasilva
Unit 12G2 - - - - - - Jul 29, 2009 $425,000 Catherine L Davis
Douglas K Davis
Unit 3H - - - - - - Dec 9, 2008 $970,000 John F Finn
Mary M Finn
Unit 1D1E - - - - - - Oct 6, 2008 $1,850,000 1040 Park De Holding Llc
Unit 2F - - - - - - Aug 18, 2008 $2,350,000 Jay R Deutsch
Rose A Deutsch
Unit 5G2 - - - - - - Mar 17, 2008 $500,000 Adela Fruhling Shafir
Michail Shafir
Unit 462 - - - - - - Nov 16, 2007 $625,000 Rachel A Berman
Unit - - - - - - - Jun 14, 2007 $34,457 Carey W Turnbull
Claudia R Turnbull
Unit 6G - - - - - - Oct 19, 2006 $670,000 Carey W Turnbull
Claudia R Turnbull
Unit 1A - - - - - - Jun 1, 2006 $1,600,000 Samieh S Rizk
Unit SR10 - - - - - - Aug 31, 2005 $157,500 Evelyn S Lang
Unit 8F - - - - - - Aug 31, 2005 $1,855,470 Eric Matthew Purther
Justine Brooke Purther
Unit 15D2 - - - - - - Apr 6, 2005 $732,500 Gunilla Ross
Unit 9E - - - - - - Jan 5, 2005 $3,500,000 Alise L Ferency
James A Ferency
Unit 302 - - - - - - Aug 31, 2004 $600,000 Linda Narbey
Mark Narbey

Apartments for Sale at 1040 Park Avenue

UnitBrBaft²ListedListing AgentAskingPrice/ft² Common Charges Floorplans

Apartments for Rent at 1040 Park Avenue

UnitBrBaft²ListedListing AgentAskingPrice/ft²Floorplans

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More about 1040 Park Avenue

Located in Carnegie Hill, 1040 Park Avenue was first built in 1925 and is 96 years old. There are a total of 14 floors in 1040 Park Avenue, but good news, residents have access to 5 elevators. There are 49 closings on record since January 1, 1970, of which we have matching data for 8 listings. In the past 3 years, a listing in this building will typically remain on the market for about 187 days and tend to sell below the original asking price of $995,000 by -1.33%. Overall, the median closing price per square foot at 1040 Park Avenue is $999. In recent years, the longest days-on-market transaction was unit 7H, listed on June 27, 2019 for $699,000. This particular unit ultimately sold 236 days later for $655,000.The most recently closed transaction was unit 4ESR, which sold for $2,625,000 on August 3, 2021.

Unfortunately, there are currently no active listings within the building but our inventory of available unit for sale is constantly updating in real time. Check back frequently for updates.

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! Conveniently, the building has laundry machines. Best yet, washer and dryers are allowed in each unit. For those who love to work out, there is a fitness center. The closest transportation nearby is the 86th St 4 line.

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