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A blog from CityRealty (Links below will take you to the 6sqft site)

1040 Fifth Avenue

Between East 85th Street & East 86th Street

Key Details

  • Year Built 1930
    Building Type Cooperative
    Neighborhood Carnegie Hill
  • Total Apartments 27
    Total Floors 17
    Doorman FT Doorman
Avg. Price / ft2

Description

1040 Fifth Avenue was completed in 1930 and is located near the Metropolitan Museum of Art in the Upper East Side.

Its 27 apartments offer sumptuous but comfortable layouts: each unit has a spacious entrance gallery leading to an even larger, 20- to 30-foot-long living room, along with a library and dining room, each with its own fireplace. The large kitchen, pantry, maid’s room and servant’s hall are discreetly pushed to the back. Apartments also have four or five bedrooms that are situated down a separate hall; all have their own baths and most feature walk-in closets. 

But the location of 1040 Fifth Avenue is one of its greatest selling points. Sitting on the northeast corner of 85th Street - one block north of the Metropolitan Museum - it is away from the tumult of tourists but still comfortingly close. This is one of the reasons that Jacqueline Kennedy Onassis moved here in 1964 and lived in a full-floor apartment on the 15th floor until her death in 1994. The site also gives residents stunning views west across the Reservoir, now named after her, and into the 3,400-year-old Temple of Dendur on the north side of the museum, which she helped bring to the Met.

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Building Amenities

  • FT Doorman
  • High-Rise
  • Pre War
  • Elevator
  • Fireplaces
  • Landmarked
  • Terraces / Balconies

Apartments for Sale at 1040 Fifth Avenue (3)

3
Available Apts
$4M - $23.9M
Price Range
$5,591
Avg. Price / ft2
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Rating

28
Out of 44

Architecture Rating: 28 / 44

+
34
Out of 36

Location Rating: 34 / 36

+
23
Out of 39

Features Rating: 23 / 39

+
10
=
95

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
  • #8 Rated co-op in Manhattan
  • #3 Rated co-op - Upper East Side
  • #1 Rated co-op - Carnegie Hill
 
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Carter Horsley's Review

Carter Horsley's Building Review
"One of the tallest apartment houses on Fifth Avenue, this prominent 17-story structure at 1040 Fifth Avenue on the northeast corner at 85th Street has one of the most distinctive rooflines along the avenue. 

The building, which was erected in 1930, was designed by Rosario Candela, one of the city's most important designers of luxury apartment buildings in the late 1920's and early 1930's. " Read Carter's Full Review
Pros
  • Concierge
  • Elevator operator
  • Flying buttress on north facade
  • Excellent views
  • Several terraces
  • Very few apartments
  • Distinctive roof
  • Handsome entrance
  • Designed by Rosario Candela
  • One of tallest limestone-clad buildings on Fifth Avenue
  • Sidewalk landscaping
  • Doorman
  • Close to Subway
Cons
  • No sundeck
  • Frequent Fifth Avenue parades
  • Considerable traffic at entrance to Central Park transverse road
  • No health club
  • No garage
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More Neighborhood Info

Subways

  1. 4
  2. 5
  3. 6
at Lexington Ave 0.28 miles
 

Closing History - Last 10 sales

10
Units Sold
$3.6M - $32M
Price Range
$5,534
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 330 Available for Sale
  • $1,937 Avg. Price / Ft2
  • $4,820,984 Avg. Price
  • $2,650,000 Median Price
  1. Most Expensive 1125 Fifth Avenue Apt PH151617 | $50,000,000
  2. Least Expensive 175 East 93rd Street Apt 1A | $295,000

Famous Residents

 

Alternate Addresses

  • 1 East 85th Street
  • 1039 5th Avenue
  • 1040 5th Avenue

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