--- title: "1040 PARK Avenue #11C, New York City, NY 10028" description: "1040 PARK Avenue #11C, New York City, NY 10028 — Carnegie Hill, New York City, NY. Listing Price $2,995,000. In contract 3/18/2026. 3 bed, 4 bath, 2,700 sqft Illustrative Buyer Commission Share of $44,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/1040-park-avenue-c-11C-ny-10028" source: "Real Estate Rebate Team" status: "Pending" --- # 1040 PARK Avenue #11C, New York City, NY 10028 Carnegie Hill, New York City, NY Courtesy of Douglas Elliman Real Estate ## At a Glance - **Listing Price**: $2,995,000 - **Status**: In contract 3/18/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 3 - **Total Baths**: 4 - **Sqft**: 2,700 - **Common Charges**: $6,612 / mo - **Price per Sqft**: $1,109 - **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**: $2,995,000 - **Illustrative Buyer Commission Share**: -$44,925* - **Illustrative Net Cost**: $2,950,075 *Illustrative Buyer Savings of $44,925 — 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) ## Photos (8) ![1040 PARK Avenue #11C, New York City, NY 10028 — photo 1 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/332c100d-c426-4c04-8830-9c1a940dfbe7.jpg) ![1040 PARK Avenue #11C, New York City, NY 10028 — photo 2 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cdab8dce-8fab-44df-8ac9-72f3ae31f3c3.jpg) ![1040 PARK Avenue #11C, New York City, NY 10028 — photo 3 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8667c473-b7ad-471c-a598-7bdca84e471a.jpg) ![1040 PARK Avenue #11C, New York City, NY 10028 — photo 4 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bc1d05ab-946f-4b25-8080-83d9540e0be4.jpg) ![1040 PARK Avenue #11C, New York City, NY 10028 — photo 5 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ef2d1c55-591c-4700-b717-849f6794026c.jpg) ![1040 PARK Avenue #11C, New York City, NY 10028 — photo 6 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d025d482-e6b3-4577-9694-15ad55839f58.jpg) ![1040 PARK Avenue #11C, New York City, NY 10028 — photo 7 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6367c07b-2562-414d-915f-c9d13779f872.jpg) ![1040 PARK Avenue #11C, New York City, NY 10028 — photo 8 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d7bfad1a-d652-4a5f-9c46-0df00d82709f.jpg) ## Property Overview 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 ## Property Details - **Property Type**: Co-op - **Beds**: 3 - **Total Baths**: 4 - **Rooms**: 8 - **Sqft**: 2,700 sqft - **Stories**: 14 - **Year Built**: 1924 - **Price per Sqft**: $1,109 - **Common Charges**: $6,612 / Monthly - **Listed On**: Jan 15, 2026 - **Days on Market**: 245 Days ### Residence Features - Building Other - In Unit - Separate/Formal Dining Room - Washer Dryer Allowed - City - Park/Greenbelt ## Estimated Monthly Payment **$21,756 / month**, assuming a 20% down payment ($599,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $15,144 - **Common Charges**: $6,612 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 14 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 | | 12F (Apartment) | 3 | — | $2,700,000 | — | September 24, 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**: $2,995,000 - **Median sold price**: $1,995,000 - **Difference**: +$1,000,000 (+50.1%) - **This home, $/ft²**: $1,109 - **Comparable sales**: 3 - **Sales from**: September 2021 – October 2022 - **Middle half of those sales**: $1,927,500 – $2,347,500 Based on three-bedroom sales at 1040 PARK Avenue. Square footage is recorded for only 0 of these 3 sales (0%), 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. ### How these sales were negotiated - **Sale-to-list price**: 92.8% (3 sales) - **Sold below asking**: 67% (3 sales) Based on three-bedroom sales at 1040 PARK Avenue with the required listing and closing data. Sample sizes vary by metric. ### Price trend Median sale price, co-op three-bedroom sales in Carnegie Hill | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $3,580,000 | 19 | | 2018 | $3,450,000 | 29 | | 2019 | $3,137,500 | 22 | | 2020 | $2,760,000 | 18 | | 2021 | $2,497,500 | 36 | | 2022 | $2,400,000 | 29 | | 2023 | $2,760,000 | 33 | | 2024 | $2,662,500 | 28 | | 2025 | $2,585,000 | 25 | | 2026 YTD | $3,500,000 | 17 | Based on recorded co-op three-bedroom sales in Carnegie Hill. 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 11C Review the recorded listing activity for 1040 PARK Avenue, Unit 11C, including asking-price changes and prior market dates. - **Entered contract**: March 18, 2026 | Date | Price | Listing event | | --- | --- | --- | | March 18, 2026 | $2,995,000 | Entered contract | | January 15, 2026 | $2,995,000 | Listed for sale by Douglas Elliman Real Estate | ## 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 1 active listing. - **Year Built**: 1924 - **Active Units**: 1 - **Floors**: 14 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/1040-park-avenue) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [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 | 31 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 | 244 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 | 49 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 | ## Potential NYC Second-Home Tax This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price. [Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator) ## Carnegie Hill Overview of Carnegie Hill [Explore Carnegie Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/carnegie-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Carnegie Hill - [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) - [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) - [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) - [Carnegie Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/carnegie-hill) - [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.