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1040 Fifth Avenue, #910C

$25,000,000 -21.9% | 4 beds, 6+ baths
587 days on Market

Key Details

  • Listed: Apr 28, 2021
    Last Price Change: -7.4% ($2M) on Sep 9
    Days on Market: 587
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 3,659 times
Monthly Maintenance: $16,152
Total Taxes & Fees: $16,152
Est. Monthly Mortgage: $128,525
Total Est. Monthly Carrying Cost: $144,677
Note: the above is based on a down payment of 20% ($5,000,000), which is the minimum amount permitted by the building.

Description

Remarkably graceful, this exceptional high floor duplex is a superb example of Rosario Candela’s beautiful and masterful work. Exceedingly large, the glorious and sunlit residence is comprised of 14 impeccably proportioned and scaled rooms, and has the good fortune to be situated in one of Carnegie Hill’s most prestigious and sought-after white-glove cooperative buildings. Ideal for both grand living and extraordinary entertaining, the apartment is distinguished by endless rooms with picture perfect views from an extraordinary 18 oversized windows facing directly onto Central Park. Upon entry, this celebrated apartment opens to a private elevator landing, and beyond there is an impressive marble-floored Gallery.

Graced by the original marble staircase with wrought iron balustrade, the Gallery in turn anchors each of the principal entertaining rooms. Majestically perched over Central Park, the 30-foot Living Room includes two sets of double doors and a wood burning fireplace. It is flanked by a large and handsome oak paneled Library and an elegant formal Dining Room, each with a marble-mantled wood burning fireplace and divine tree-top outlooks.

A Powder Room with Ante Room is conveniently and graciously located off of the Gallery. The back of house includes an enormous windowed Kitchen, a Pantry and a Breakfast Room, as well as a Laundry Room, Staff Room and Bath, and a back stairway. There is also an unexpected east facing elongated terrace that could be accessed from an expanded breakfast area, and would be lovely for a step out to enjoy a bright morning or the crisp evening air.

The upstairs private quarters include a marvelous Master Suite with wood burning fireplace and a Park facing Dressing Room and Bath. There are three more very large Bedrooms, two of which front onto the Park, plus abundant closets, including a proper walk-in linen closet and a big cedar closet. Several additional Staff Rooms and Baths complete the floor.

Incorporating many of the stunning design elements that distinguish the great buildings of the early Twentieth Century in New York City, this apartment is most certainly an architectural tour de force. Having been owned by the same family for over fifty years, the opportunity to purchase this Fifth Avenue Candela trophy property is rare.

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Apartment Amenities

  • Terrace
  • Park View
  • Washer/Dryer in apt.

Listing Agent (Seller's Representative)

Pricing History

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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

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

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Listing provided courtesy of Sothebys Intl Realty