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1040 Park Avenue, #11C

$2,995,000 ($1,109 per ft2) -14.4% | 3 beds, 3.5 baths | Approx. 2,700 ft2
499 days on Market

Key Details

  • Listed: Dec 5, 2022
    Last Price Change: -7.3% ($235,000) on Jul 28
    Days on Market: 499
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 400 times
Monthly Maintenance: $6,194 ($2.29/ft2)
Est. Monthly Mortgage: $10,216
Total Est. Monthly Carrying Cost: $16,410 ($6.08/ft2)
Note: the above is based on a down payment of 50% ($1,497,500), which is the minimum amount permitted by the building.

Insider Highlights

  • Spacious and Classic Apartment: This prewar original apartment offers 3 bedrooms, 3.5 bathrooms, and large scale entertainment rooms including a living room with a working fireplace and a dining room. The apartment also features a large windowed eat-in kitchen, breakfast room, pantry, and oversized windows overlooking Park Avenue.
  • Full-Service Building: The cooperative building offers full-time white glove doorman service, concierge, an on-site resident manager, and a gym. Additional storage bins are available based on availability.
  • Prime Location: Located in the Carnegie Hill neighborhood, the apartment is near the Metropolitan Museum of Art, Madison Avenue galleries, designer shopping, and fine dining. It's also conveniently located one block from the subway.
  • Building History and Design: Built in 1925, the 14-story cooperative building is known for its Georgian-style design with Art Deco elements. The building was once home to publisher Conde Montrose Nast.
  • Building Amenities: Amenities include a fitness center, laundry room, and private storage. Washer/dryers are permitted with board approval, and the building is pet-friendly.
  • Additional Information: The apartment is listed for $2,995,000 with a monthly maintenance fee of $6,194. The building does not have a sundeck, garage, or elevator operator.

Description

Prewar original (estate condition) classic 8 room apartment offering large scale entertainment rooms. Enter a 30-foot gallery which leads to a living room with a working WBF and dining room with an approximate 50 feet expanse that flows from east to west. The possibilities are endless to design a home with a flexible footprint.

3 bedrooms plus staff room, 3 baths and one half bath, Large windowed eat in kitchen, breakfast room and pantry. 9.5 foot ceilings, this apartment offers oversized windows overlooking Park avenue. Park Avenue is on the north west corner of 86ht Street and Park Avenue.

Full time white glove doorman, concierge, on-site resident manager, gym and laundry in the apartment and additional storage bins based on availability. 2% flip tax

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Apartment Amenities

  • City View

Listing Agent (Seller's Representative)

Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 1040 Park Avenue

73

1040 Park Avenue has received a CityRealty Rating of 73, 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

22
Out of 44
+
27
Out of 36
+
15
Out of 39
+
9
=
73
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 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:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 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:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 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:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 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:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 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:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 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:
None 0 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:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Elevator
  • Fitness Center
  • Fireplaces
  • Live-In Superintendent

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Pros
  • Convenient to public transportation
  • Doorman
  • fitness center
  • One block from subway
  • Concierge
  • Live-in superintendent
  • Pet friendly
Cons
  • No sundeck
  • No garage
  • No elevator operator
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Subways

  1. 4
  2. 5
  3. 6
at Lexington Ave 0.12 miles

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