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$2,985,000
MLS# RLS20120792 · Carnegie Hill
Listed October 14, 2026 · 12 days on the market
3 Beds 4 Baths
This gracious three-bedroom, three-and-a-half-bath residence on Park Avenue offers generous proportions, abundant natural light, and a flexible floor plan with exceptional potential to create a home tailored to the next owner.The expansive living and dining rooms offer ample space for everyday living and entertaining, with desirable southern exposure and a wood-burning fireplace anchoring the living room. Architecturally detailed beamed ceilings enhance the home's character. The generous kitchen and adjoining areas can be transformed into a substantial eat-in kitchen and den. The kitchen includes additional under-counter refrigeration and a wine drawer.A separate bedroom wing provides privacy from the home's main entertaining spaces. The south-facing primary suite features an en-suite bath and through-the-wall air conditioning. The second bedroom also enjoys an en-suite bath. A generously proportioned third bedroom, additional full bath, and powder room complete the layout.Ample closet space is found throughout, and central air conditioning may be installed, subject to building approval. There is an in-unit washer/dryer. With its gracious scale, southern light, wood-burning fireplace, and adaptable floor plan, the residence presents a rare opportunity to create a truly special Park Avenue home.Designed by Delano & Aldrich and built in 1925, 1040 Park Avenue is a distinguished full-service cooperative offering a doorman, lobby concierge, lobby-level fitness center, bicycle storage, and laundry room. Basement storage bins are available for rent. One block from the subway and cross-town bus, 1040 Park Avenue offers convenient access to schools, museums, Central Park, and major attractions. Pied-à-terre ownership and pets are permitted, with board approval. The building allows up to 50% financing. A 2% flip tax is payable by the purchaser.

Curtis Bain
Brown Harris Stevens
Services and facilities
Estimate
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$20,778 / month
Co-op share loans aren't subject to mortgage recording tax. Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
Gallery
Listing Courtesy of Coldwell Banker Warburg
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.
1040 Park Avenue is a 14-story elevator cooperative in Carnegie Hill, completed in 1924 and home to 88 residential units. It sits within the Park Avenue Historic District.
The closest subway is 86 St (4, 5, 6), about a 3-minute walk. Central Park is roughly 5 minutes away on foot.
Compiled from NYC public records and open data.
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1040 PARK Avenue 8E
Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.
The Neighborhood
Carnegie Hill is covered by our Upper East Side guide.
Manhattan's gold standard for luxury living with iconic architecture, Central Park, and Museum Mile.
Walkability
9/10
Public transit
9/10
Schools
10/10
Dining
9/10
Groceries & parks
9/10
Many of NYC's most selective schools sit here, with a concentration of elite K-12 private schools, strong public feeders like PS 6 and PS 290, and easy access to top selective high schools.
Private schools in the area include The Dalton School, The Brearley School, The Chapin School, The Spence School, Nightingale-Bamford School, The Browning School.
$3,250,000
1158 5TH Avenue 10D, Carnegie Hill
3 Beds 3 Baths
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
$2,695,000
8 E 96TH Street 7C, Carnegie Hill
3 Beds 2 Baths 1,800 Sq.Ft.$1,497/sq ft
Listing Courtesy of Corcoran Group
$3,295,000
141 E 88TH Street 6D, Carnegie Hill
3 Beds 3 Baths 2,060 Sq.Ft.$1,600/sq ft
Listing Courtesy of Classic Marketing LLC