by RH Advisors

See Home Value
$3,475,000
Co-op - Off Market

1040 PARK Avenue #12E

Manhattan, NY 10028
bedrooms
4 Beds
bathrooms
4 Baths
$24,902
Estimated Monthly
$7,839
HOA / Fees
4.54%
Cap Rate

About This Property

Perfectly situated in the heart of the Upper East Side, this stately, seven, originally eight room home is an entertainer's dream. With a thoughtful layout, an abundance of light and great bones, this wonderful residence is ready for its next owner. Enter the home through the foyer off a semi-private elevator landing. At over 30 feet long, the sun-soaked living room boasts a working fireplace and south facing windows. The windowed library, opposite the living room, offers an additional entertaining space or can be used as an additional guest suite with a private bath.

Behind the library, a spacious, light-filled dining room is primed for hosting with pocket doors that connect with the kitchen and butler's pantry. The kitchen's external service entrance ensures private chef set up or grocery delivery without interrupting guests. The recently renovated kitchen features top of the line appliances surrounded by abundant cabinet space and an adjacent laundry room, complete with a Miele washer/ dryer and wine refrigerator. The pantry and laundry rooms originally made up a staff room, which could easily be reconverted to an additional bedroom.

The bedroom wing of the apartment provides a comfortable separation between the living and sleeping quarters of the home. It features a luxurious primary suite that receives incredible sunlight via south-facing windows, two separate en-suite bathrooms and two generous walk-in closets, evoking spacious resort living within the comforts of home. A large sitting area in the primary suite can be used as an office, sitting room, elaborate dressing area or enclosed to create an additional bedroom. Two additional bedrooms and another third bath complete the home.

1040 Park Avenue is a premier, pre-war, white-glove Park Avenue cooperative designed by Delano & Aldrich in 1925. Located on the corner of Park Avenue and 86thStreet, it is in close proximity to Central Park, Museum mile, the boutiques and restaurants of Madison Avenue and myriad transportation options. Residents in this pet-friendly building enjoy the services of a 24-hour doorman, on-site super, as well as a newly renovated lobby and fitness center.
Unit Size
-
Days on Market
235 days
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$7,839
Year Built
1924
Last updated: 5 months ago (RLS #RPLU-5122408822)

Price History

Date / Event Date Event Price
Dec 5, 2023 Sold to Nell Benjamin, Laurence Okeefe $3,475,000
Sold to Nell Benjamin, Laurence Okeefe
Aug 16, 2023 In contract -
In contract
Jun 10, 2023 Price Decreased $3,650,000
↓ $150K (4%)
Price Decreased
Apr 14, 2023 Listed by Douglas Elliman Real Estate $3,800,000
Listed by Douglas Elliman Real Estate
Jan 10, 2023 Withdrawn -
Withdrawn
Show More

Property Highlights

Doorman
Elevator
Interior Details

Bedroom Information

Bedrooms: 4

Bathroom Information

Full Bathrooms: 4

Interior Information

Interior Features: Separate Formal Dining Room

Room Information

Laundry Features: Building None, In Unit
Rooms: 7

Fireplace Information

Has Fireplace
Fireplaces: 1

Basement Information

Exterior Details

Property Information

Year Built: 1924

Building Information

Building Name: PARK-86 APARTMENT C
Outdoor Living Structures: None


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Co-op
4 Beds
5 Baths
2,500 ft²
$1,436/ft²
$3,590,000 Jun 1, 2021
$3,590,000 Aug 10, 2022
$6,202/mo
Co-op
4 Beds
4 Baths
-
$3,125,000 Oct 24, 2022
$3,125,000 Apr 27, 2023
$8,181/mo
Condo
4 Beds
3 Baths
2,200 ft²
$1,659/ft²
$3,650,000 Aug 4, 2021
$3,650,000 May 27, 2022
$6,091/mo
Co-op
4 Beds
3 Baths
2,400 ft²
$1,729/ft²
$4,150,000 Feb 18, 2021
$4,150,000 Sep 7, 2021
$6,895/mo
Co-op
4 Beds
4 Baths
-
$2,795,000 Apr 5, 2021
$2,795,000 Dec 7, 2021
$5,160/mo
Condo
4 Beds
5 Baths
-
$2,999,000 Jun 10, 2021
$2,999,000 Sep 13, 2021
$17,534/mo
Co-op
4 Beds
4 Baths
-
$3,595,000 Jun 20, 2023
-
$4,536/mo
Co-op
4 Beds
3 Baths
-
$3,250,000 Feb 14, 2024
-
$6,054/mo
Co-op
4 Beds
4 Baths
-
$3,390,000 Mar 23, 2023
-
$6,267/mo
Co-op
4 Beds
4 Baths
-
$3,390,000 Mar 29, 2024
-
$6,555/mo
Co-op
4 Beds
4 Baths
-
$3,595,000 Mar 16, 2023
-
$6,098/mo
Co-op
4 Beds
3 Baths
-
$2,820,000 Apr 1, 2024
-
$6,694/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230414 Unit 12E
04/14/2023
12E
4 Bed
4 Bath
-
$3,800,000
bedrooms
4 Bed
bathrooms
4 Bath
$3,475,000 -8.55%
12/05/2023
Noble Black
Douglas Elliman Real Estate
20221012 Unit 10E
10/12/2022
10E
3 Bed
2 Bath
-
$1,860,000
bedrooms
3 Bed
bathrooms
2 Bath
$1,860,000
11/11/2022
-
Howard Margolis
Douglas Elliman Real Estate
20211012 Unit 5J
10/12/2021
5J
3 Bed
3 Bath
-
$2,150,000
bedrooms
3 Bed
bathrooms
3 Bath
$1,995,000 -7.21%
06/03/2022
Suzanne Sealy
Douglas Elliman Real Estate
20210122 Unit 7E
01/22/2021
7E
2 Bed
3 Bath
-
$1,695,000
bedrooms
2 Bed
bathrooms
3 Bath
$1,625,000 -4.13%
11/23/2021
Howard N Margolis
Douglas Elliman Real Estate
20201016 Unit 12F
10/16/2020
12F
3 Bed
3 Bath
-
$2,999,000
bedrooms
3 Bed
bathrooms
3 Bath
$2,700,000 -9.97%
09/24/2021
Mark Edelstein
Douglas Elliman Real Estate
20200921 Unit 9E
09/21/2020
9E
3 Bed
3 Bath
-
$3,200,000
bedrooms
3 Bed
bathrooms
3 Bath
$2,850,000 -10.94%
05/07/2021
Helen Dreyfuss
Brown Harris Stevens Residential Sales LLC
20200302 Unit 4E
03/02/2020
4E
3 Bed
4 Bath
-
$3,250,000
bedrooms
3 Bed
bathrooms
4 Bath
$2,495,000 -23.23%
08/03/2021
-
Daniela Kunen
Prudential Douglas Elliman Real Estate
20190327 Unit 6D
03/27/2019
6D
2 Bed
2 Bath
-
$1,795,000
bedrooms
2 Bed
bathrooms
2 Bath
$1,450,000 -19.22%
07/29/2020
-
Stephen Wald
Stephen P Wald Real Estate Associates Inc
20171204 Unit 1B1C
12/04/2017
6 Bed
-
-
-
bedrooms
6 Bed
bathrooms
-
-
-
-
-
20170428 Unit 9D
04/28/2017
9D
2 Bed
3 Bath
-
$1,695,000
bedrooms
2 Bed
bathrooms
3 Bath
$1,672,500 -1.33%
09/11/2017
Karen Advocate Connolly
Berkshire Hathaway HomeServices New York Properties
20170203 Unit 4G1
02/03/2017
4G1
1 Bed
1 Bath
-
$550,000
bedrooms
1 Bed
bathrooms
1 Bath
$550,000
08/10/2017
Brian Lewis
Compass
20161004 Unit 13H
10/04/2016
13H
1 Bed
1 Bath
-
-
bedrooms
1 Bed
bathrooms
1 Bath
$775,000
12/22/2017
-
Howard Margolis
Douglas Elliman Real Estate
20160609 Unit 14H
06/09/2016
14H
1 Bed
1 Bath
975 ft²
$995,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
975 ft²
$850,000 -14.57%
01/03/2017
Harry DiOrio
Compass
20140328 Unit 3H
03/28/2014
3H
1 Bed
1 Bath
-
$1,150,000
bedrooms
1 Bed
bathrooms
1 Bath
$1,150,000
06/18/2014
Aleta Shipley
Stribling & Associates Ltd
20130921 Unit GROUND
09/21/2013
Studio
1 Bath
-
$2,000,000
bedrooms
Studio
bathrooms
1 Bath
-
-
-
Richard Dana
Douglas Elliman Real Estate
20130410 Unit 10J
04/10/2013
10J
2 Bed
3 Bath
-
$3,395,000
bedrooms
2 Bed
bathrooms
3 Bath
$3,395,000
12/30/2013
Dorothy Schrager
Warburg Realty Partnership Ltd.
20120906 Unit 12G1
09/06/2012
1 Bed
1 Bath
600 ft²
$629,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
600 ft²
$629,000
02/05/2021
-
Nancy A Farrell
Halstead Manhattan LLC
20111026 Unit 9F
10/26/2011
9F
5 Bed
5.5 Bath
-
$6,995,000
bedrooms
5 Bed
bathrooms
5.5 Bath
$6,750,000 -3.50%
12/31/2012
-
Wendy Greenbaum
Warburg Realty Partnership, Ltd.

Building Info

1040 Park Avenue 1040 Park Avenue, New York, NY 10028
  • 92 Units
  • 3 Units for Sale
More about this Building
1040 Park Avenue
Want to find out who owns 1040 Park Avenue, New York, NY 10028? Get detailed property transactions here .

About Upper Manhattan


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