1040 Park Avenue 5E
Manhattan, NY, 10028 $ 1,750,000
Bedrooms2 Baths3.0 Monthly Estimate*
$ 10,918
for $1,750,000 with 2 bedrooms and 3 full baths. This home was built in 1925.
For a century, 1040 Park Αvenuе haѕ stοοd рroudly at the gatеwау tο Carnеgie Hill, a commanding 14-story structure made of limestone and brick. Built in the Georgian style by architects Delano & Aldrich, this has long been a venerable address. Residence 5E, a spacious two-bedroom, three-bathroom home that spans nearly 2,000 square feet, captures elements of that sensibility while serving as a palette for its next owner's vision. Enter the home through the foyer and into the living room, a 30-foot-long space complete with a wood-burning fireplace. Large south-facing exposures provide all-day light. The mantel's detailing, paired with the richness of the black stone and the herringbone wood floors, speak to the building's pedigree. Pass through a hallways to the eastern wing of the home, where the formal dining room leads to a spacious kitchen. Both rooms have large windows, the dining room facing north and the kitchen with exposures to the north and west. Pantry closets, bar seating, and tons of counter space make this a highly functional and comfortable space. The principal bedroom suite faces south. In addition to an en-suite windowed bathroom, the room includes a large, 11-foot-deep walk-in closet, and a secondary supplemental closet. Tucked away through a hallway, it's a quiet and private enclave. Unusual for pre-war apartments, secondary bedroom is nearly as generous, with large north-facing exposures, a walk-in closet, and a secondary closet as well. It also has an en-suite windowed bathroom. As a rare bonus, this bedroom includes an en-suite office with a large built-in desk with shelves, set apart from the sleeping area and brightened by its own window. Rounding out the apartment is a full laundry room with wash sink, and a third full bathroom. This white-glove cooperative features a full-time doorman and concierge, and a live-in resident manager. Futher amenities include a gym, a common laundry room, bicycle storage, and private storage (subject to availability). Pets and pied-a-terres are allowed. Flip tax equal to 2% of the purchase price, and financing allowed up to 50%.
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List ByNicholas H GavinListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $10,918
- Monthly Property Taxes
- --
- Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Average List Price $1,810,774
Percent of Sale Price 3%
About Manhattan, NY 1,662,179 Population
8% Since 2002
$ 86,055 Median Income
39.14 Median Age
16% Households with Children
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0 Elementary School
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Pricing History| Date | Price | Price Change | Description |
|---|
| 9/10/2025 | $1,750,000 | | Listed Price |