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1040 Park Avenue 11CNew York, NY 10028

For Sale

$2,995,000

Smart Buyer Rebate $37,438

   1040 Park Avenue - Classic Eight with Grand Scale This classic eight-room prewar residence, offered in estate condition with its original layout, presents a rare opportunity to create a truly grand Park Avenue home. A dramatic  30-foot entry gallery sets the tone, offering an impressive approach and ideal wall space for art and collections. The gallery opens into a magnificent  oversized living room featuring a  working wood-burning fireplace, providing the opportunity for a striking custom mantel and elegant focal point. Beyond the living room lies a  formal dining room designed to accommodate large-scale entertaining. Together, the living and dining rooms span approximately  50 feet, flowing east to west and creating a spectacular entertaining expanse rarely found today. The residence offers  three generously proportioned bedrooms, an additional  staff room,  three full baths, and  one half bath. A large  windowed eat-in kitchen is complemented by a separate breakfast room that provides pantry storage and space for a washer and dryer. Soaring  9.5-foot ceilings,  oversized windows, and primarily  southern and eastern exposures flood the home with light and provide open views down Park Avenue. Located on the northwest corner of  86th Street and Park Avenue, 1040 Park Avenue is a full-service prewar cooperative offering  white-glove doorman service, an exceptionally attentive staff,  concierge, and  on-site resident manager. The building also features a  recently renovated fitness center and storage bins (when available). 1040 Park Avenue has a flexible renovation process. The buildings board will work with your team to create a dramatic property that can be enjoyed and lived in for many years to come. Note most renovations will require updating of electric, plumbing and other primary features of the unit.  Maximum 50% financing . Just one block from  Central Park,  Museum Mile, and the world-class boutiques of  Madison Avenue.  Bring your architect and contractor and re-imagine this extraordinary home  

Listed by Howard N Margolis

·

Douglas Elliman Real Estate

·

(917) 509-7620

Last updated January 23, 2026

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Source: REBNY #RLS20067094

Listing Facts

  • TypeCo-op
  • NeighborhoodCarnegie Hill
  • Bedrooms3
  • Bathrooms3.5
  • Days on Prevu15
  • HOA/Maint. Fees$6,612/month
  • Size2,700 sqft
  • Price per sqft$1,109

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Concierge

Location

Mortgage Calculator

Listing History

01/15/2026
Listed by Douglas Elliman Real Estate
$2,995,000

Estimated Closing Costs

Total
$46,937
Attorney Fees
$4,000
NYC Mansion Tax
$37,437
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $2,995,000 and a 50% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1040 Park Avenue 11C

Association

Amenities

  • Pets Allowed: Building Yes, Yes
  • Concierge: Doorman Full Time, Concierge Part Time

Fees

  • Association Fee: $6,612.00 Monthly

Financial

  • Flip Tax: 2.0%
  • Flip Tax Remarks: Seller

Exterior

Construction

  • Number Of Units Total: 85
  • Stories Total: 14
  • Structure Type: High Rise
  • Year Built: 1924
  • Entry Level: 11

Features

  • Building Features: Elevator(s), Storage
  • View: City, Park/Greenbelt

Interior

Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Interior Features: Separate/Formal Dining Room

Measurements

  • Living Area: 2,700
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 3
  • Rooms Total: 8

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Carnegie Hill
  • Tax Block: 01498
  • Tax Lot: 0033

Utilities

Equipment

  • Laundry Features: In Unit

Frequently Asked Questions

How many bedrooms and bathrooms does this co-op have?

There are 3 bedrooms and 3.5 bathrooms in this co-op at 1040 Park Avenue 11C.

Are pets allowed at 1040 Park Avenue?

Yes, 1040 Park Avenue allows pets.

How does 1040 Park Avenue 11C compare to other co-ops in Carnegie Hill?

This co-op is listed 4% below the average price for co-ops in Carnegie Hill and has been on the market for 104 less days than the typical home in this area.

What is the square footage on this co-op?

According to the MLS, this listing is 2,700 sqft.

1040 Park Avenue 11C is a 3-bedroom, 3.5-bath co-op for sale in New York NY 10028. Available on Prevu for 15 days at $2,995,000. This property features 2,700 square feet of living space, located in Carnegie Hill. The median listing price for co-ops in this area is $2,500,000. Additional amenities include private outdoor space, pets allowed, and doorman. Explore more co-op listings in Manhattan.

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.