---
title: "1040 Park Avenue #4G1, New York City, NY 10028"
description: "1040 Park Avenue #4G1, New York City, NY 10028 — Upper East Side, New York City, NY. Listing Price $825,000. 1 bed, 1 bath Illustrative Buyer Commission Share of $12,375 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1040-park-avenue-4g1-ny-10028"
source: "Real Estate Rebate Team"
dateModified: "2026-09-30T23:12:20.389Z"
status: "Active"
---

# 1040 Park Avenue #4G1, New York City, NY 10028

Upper East Side, New York City, NY

Courtesy of Compass

Last updated: September 30, 2026, 7:12 PM

## At a Glance

- **Listing Price**: $825,000
- **Beds**: 1
- **Baths**: 1
- **Common Charges**: $1,782 / mo
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $825,000
- **Illustrative Buyer Commission Share**: -$12,375*
- **Illustrative Net Cost**: $812,625

*Illustrative Buyer Savings of $12,375 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Property Overview

"This is a classy joint."
-Groucho Marx, in an elevator at 1040 Park Avenue
(In the company of the Astors and the Vanderbilts)
When 1040 Park Avenue was built in 1924, its doormen regularly welcomed Rockefellers, Hammersteins, Gershwins, F. Scott Fitzgerald, Henry & Clare Boothe Luce, Edna St. Vincent Millay, Charles Lindbergh, and many of more of the era's cultural and social notables. Drawn to the famous penthouse parties hosted by resident Mr. Conde Nast, the cafe society enjoyed this inspiring destination du jour. The handsome yet demure creation of Delano & Aldrich -- 1040 Park Avenue -- became an instant classic. Here's your opportunity to own a piece of history.
Sweetly situated in a fabled white glove building with stupendous service and in in-house gym, this pre-war prince is chock full of history and charm. With a living room boasting imported panels and boiserrie, a practical kitchen, a peaceful, pristine bedroom, and a freshly renovated, windowed bath with marble vanity and step-in shower, this elegant beauty is a winsome stand-out.  With its high ceilings and tasteful period detail, this peaceful and private retreat offer a soulful and stylish grace that warms the heart.
Enjoying all the services of its full service address, this hidden treasure is the ideal pied à terre or primary residence.  A surprising find in a most tranquil part of its pet friendly address, this home is a sweet find.  Its staff is seasoned, the super is live-in, and there is a gym and a remarkably convenient location. With supreme convenience to every neighborhood cultural, dining, shopping, entertainment, educational and fitness destination, this 1040 Park home is a rare chance to own a sweet piece of history.
(2% of flip tax paid by the buyer)

## Property Details

- **Property Type**: Co-op
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Stories**: 14
- **Year Built**: 1925
- **Common Charges**: $1,781.6 / Monthly
- **Listed On**: Sep 30, 2026
- **Days on Market**: 1 Days

### Residence Features

- Building Washer Dryer Install Allowed
- Common On Floor
- Built-in Features
- Chandelier
- Crown Molding
- High Ceilings
- Dishwasher
- Electric Cooktop
- Range
- Refrigerator
- Hardwood
- City

## Estimated Monthly Payment

**$5,953 / month**, assuming a 20% down payment ($165,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $4,172
- **Common Charges**: $1,782

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

13 apartments at 1040 PARK Avenue have recorded sales since September 2021, the most recent for $800,000 in July 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [10H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1040-park-avenue-h-10H-ny-10028) (Apartment) | 1 | 800 | $800,000 | $1,000/ft² | July 20, 2026 | City record · MLS |
| 5E (Apartment) | 2 | — | $2,000,000 | — | February 4, 2026 | City record · MLS |
| 12G2 (Apartment) | 1 | — | $495,000 | — | October 8, 2025 | City record · MLS |
| 9D (Apartment) | 2 | — | $2,200,000 | — | June 16, 2025 | City record · MLS |
| 5J (Apartment) | — | — | $1,300,000 | — | May 14, 2025 | City record |
| 5D (Apartment) | 2 | — | $1,745,000 | — | February 25, 2025 | City record · MLS |
| 6F (Apartment) | — | — | $2,750,000 | — | September 10, 2024 | City record |
| 12E (Apartment) | 4 | — | $3,475,000 | — | December 5, 2023 | City record · MLS |
| 10E (Apartment) | 3 | — | $1,860,000 | — | October 6, 2022 | City record · MLS |
| 12G1 (Apartment) | 1 | 600 | $700,000 | $1,167/ft² | July 6, 2022 | City record |
| 5J (Apartment) | 3 | — | $1,995,000 | — | June 3, 2022 | City record · MLS |
| 13J (Apartment) | 2 | — | $1,900,000 | — | February 11, 2022 | City record · MLS |
| 7E (Apartment) | 2 | — | $1,625,000 | — | November 23, 2021 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

- **This home**: $825,000
- **Median sold price**: $700,000
- **Difference**: +$125,000 (+17.9%)
- **Comparable sales**: 3
- **Sales from**: July 2022 – July 2026
- **Middle half of those sales**: $597,500 – $750,000

Based on one-bedroom sales at 1040 PARK Avenue.

Square footage is recorded for only 2 of these 3 sales (67%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

### Price trend

Median sale price, co-op one-bedroom sales in Upper East Side

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2016 | $699,000 | 11 |
| 2017 | $678,176 | 106 |
| 2018 | $690,000 | 101 |
| 2019 | $675,000 | 77 |
| 2020 | $630,000 | 55 |
| 2021 | $650,000 | 144 |
| 2022 | $653,750 | 128 |
| 2023 | $649,500 | 100 |
| 2024 | $671,250 | 106 |
| 2025 | $654,000 | 97 |
| 2026 YTD | $650,000 | 53 |

Based on recorded co-op one-bedroom sales in Upper East Side. 2026 is year-to-date.

Sales data through July 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 1040 PARK Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1040-park-avenue)

## Price and Property History for 1040 Park Avenue, Unit 4G1

Review the recorded listing activity for 1040 Park Avenue, Unit 4G1, including asking-price changes and prior market dates.

- **Last sold (recorded)**: $550,000 on August 10, 2017

| Date | Price | Listing event |
| --- | --- | --- |
| September 22, 2026 | $825,000 | Listed for sale by Compass |
| August 10, 2017 | $550,000 | Sold — recorded sale price |
| February 3, 2017 | $550,000 | Listed for sale by Halstead dba Brown Harris Stevens Residential Sales LLC |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 88 apartments. The corporation’s 2026 property tax bill was $2,197,585 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for 1040 PARK Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1040-park-avenue)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 1040 PARK Avenue

Carnegie Hill · Stock Cooperative

1040 PARK Avenue, New York, NY 10028

A building in Carnegie Hill, currently featuring 2 active listings.

- **Year Built**: 1924
- **Active Units**: 2
- **Floors**: 14

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1040-park-avenue)

### Available Residences — For Sale (4)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [4G1](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1040-park-avenue-4g1-ny-10028) | 1 | 1 | — | — | $825,000 | Compass | Sep 30, 2026 | 1 days |
| [7H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1040-park-avenue-7h-ny-10028) | 1 | 1 | — | — | $950,000 | Douglas Elliman Real Estate | Aug 16, 2026 | 46 days |
| [11C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1040-park-avenue-c-11C-ny-10028) | 3 | 4 | 2,700 sqft | $1,109 | $2,995,000 — In contract | Douglas Elliman Real Estate | Jan 15, 2026 | 259 days |
| [7E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1040-park-avenue-7e-ny-10028) | 2 | 2 | — | — | $2,995,000 — In contract | Douglas Elliman Real Estate | Jul 29, 2026 | 64 days |

### Recently Sold (1)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [10H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1040-park-avenue-h-10H-ny-10028) | 1 | 1 | 800 sqft | $1,000 | $800,000 | Douglas Elliman Real Estate | Feb 3, 2026 | Jul 20, 2026 |

## Upper East Side

Overview of Upper East Side

[Explore Upper East Side](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Upper East Side

- [Central Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/central-park)
- [Roosevelt Island real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/roosevelt-island)
- [Upper West Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-west-side)
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- [East Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem)

## Related Links

- [1040 PARK Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1040-park-avenue)
- [Upper East Side neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.