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

1040 Fifth Avenue, #56C

$7,995,000 -9.1% | 4 beds, 5 baths

Key Details

  • Listed Apr 26, 2019
    Last Price Change -9.1% ($800,000) on Jul 15
    Building Type Cooperative
    Neighborhood Carnegie Hill
  • Monthly Maintenance $13,097
    Doorman FT Doorman

Description

Perfectly situated in the premier white-glove Rosario Candela co-operative, 1040 Fifth Avenue, this palatial sun-flooded twelve room duplex is a true architectural masterpiece. Drenched in sunlight, the residence boasts spectacular Central Park views, original herringbone floors, Candela doors and moldings, soaring ceilings, a wood burning fireplace and an abundance of classical historical details. Off a semi-private elevator landing is an elegant entrance gallery from which all of the grand entertaining rooms flow.

There is an impressive 294 by 19 living room which has two oversized windows facing west with picturesque views of Central Park and a wood burning fireplace. Adjacent to the living room is the handsome wood-paneled library which also overlooks the park. Through French doors off the gallery and living room is the formal dining room which provides the perfect space for gatherings.

There is an oversized windowed eat-in kitchen with a separate windowed breakfast room. A large windowed butler's pantry connects the kitchen to the dining room for endless entertaining. A powder room and a walk-in coat closet complete the public spaces.As for the private quarters, up a sweeping staircase is the expansive master bedroom suite which faces west with stunning views of Central Park and peaks of the reservoir.

The suite includes large closets and an en-suite oversized bathroom. There are two additional massive bedrooms one faces west over Central Park and the other faces east both have en-suite windowed bathrooms and excellent closet space. There are two oversized staff rooms that could be combined to create a fourth bedroom, they are currently being used as a utility room and a home office.

In addition there is a large staff bedroom and a windowed hallway bathroom. A back staircase connects to the kitchen and the elevator services both floors.Built in 1930, 1040 Fifth Avenue houses only twenty-seven apartments, and has had many prominent residents, including the late Jacqueline Kennedy Onassis. The building offers residents the highest levels of white-glove service and enjoys close proximity to the city's greatest museums along with an impressive concentration of galleries, elegant boutiques, five-star restaurants and schools.

There is a 2% flip tax paid by the purchaser.

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Estimated Monthly Cost

About 1040 Fifth Avenue

95

1040 Fifth Avenue has received a CityRealty Rating of 95, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

28
Out of 44
+
34
Out of 36
+
23
Out of 39
+
10
=
95
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Stunning 5 out of 5 points
Units Per Floor:
2 4 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
Yes 1 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
Some 1 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points
  • Co-op
  • Built in 1930
  • 27 Apartments
  • 17 Floors

Building Amenities

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

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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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Subways

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

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Listing provided courtesy of The Corcoran Group
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