1040 Park Avenue, Unit 5E
















Description
Enter the home through the foyer and into the living room, a 30-foot-long...For a century, 1040 Park Avenue has stood proudly at the gateway to Carnegie 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%.
Amenities
- Full-Time Doorman
- Gym
- Fireplace
- Hardwood Floors
- Elevator
- Home Office
- Chef's Kitchen
- Northern Exposure
Property Details for 1040 Park Avenue, Unit 5E
| Status | Contract Signed |
|---|---|
| Days on Market | 20 |
| Taxes | - |
| Maintenance | $5,483 / month |
| Min. Down Pymt | 50% |
| Total Rooms | 5.0 |
| Compass Type | Co-op |
| MLS Type | - |
| Year Built | 1925 |
| County | New York County |
| Buyer's Agent Compensation | 2.5% |
Building
1040 Park Ave
Location
Building Information for 1040 Park Avenue, Unit 5E
Payment Calculator
$10,888 per month
30 year fixed, 6.28% Interest
$5,405
$0
$5,483
Property History for 1040 Park Avenue, Unit 5E
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Sep 30, 2025 | Contract Signed Manual | — | |
| Sep 10, 2025 | Listed (Active) Manual | $1,750,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 09/30/2025 | Contract Signed Manual | — |
| 09/10/2025 | Listed (Active) Manual | $1,750,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1040 Park Avenue, Unit 5E
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
P.S. 6 Lillie D Blake PublicPK to 5 | ||
Nyc Lab Ms For Collaborative Studies Public6 to 8 | ||
Lower Manhattan Community Middle School Public6 to 8 | ||
Jhs 167 Robert F Wagner Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.















