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
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Douglas Elliman Real Estate
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(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.
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.