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Stock Cooperative•Carnegie Hill

1045 PARK Avenue #10, New York City, NY 10028

Listing Courtesy of Corcoran Group

$6,250,000

Potential Rebate: $93,750

Stock Cooperative

6 Beds

6 Baths

11 Rooms

4,200 sqft

Built 1923

15 Stories

1,488/ft²

Listed on May 19, 2025

242 days on market

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Overview

Grand Full-Floor Residence with Iconic Park Avenue Views Occupying the entire 10th floor of a distinguished pre-war cooperative, this rare and expansive residence offers approximately 4,200 square feet of exquisitely proportioned living space, bathed in natural light from all four exposures. Masterfully combined from two apartments, the home is defined by soaring 10-foot ceilings and a thoughtful layout that creates two distinct wings, offering both grand entertaining spaces and serene private quarters. A private elevator landing opens to a gracious gallery that sets the tone for the home's refined elegance. Anchoring the entertaining wing is a dramatic, 35-foot corner living room featuring a wood-burning fireplace and three oversized windows framing sweeping views over Park Avenue and East 86th Street. This magnificent space is flanked by a richly paneled library with a wet bar and full bath, and an elegant formal dining room accessible through classic French doors. The enormous chef's kitchen, beaming with light through two windows, is appointed with custom cabinetry, a six-burner Viking range, Sub-Zero appliances, dual ovens, and three wine refrigerators. A sunlit breakfast area comfortably seats eight. The private bedroom wing provides exceptional tranquility. A hallway lined with custom bookshelves leads to six generously sized bedrooms, three of which boast picturesque Park Avenue views. The oversized primary suite features a wood-burning fireplace and a luxurious en-suite bath. Five of the bedrooms include en-suite bathrooms, three of which are windowed. A media room at the center of the wing enhances comfort and versatility. Built in 1923, 1045 Park Avenue is a coveted boutique cooperative with only 27 residences, offering the discretion of a private home with the benefits of full-service living, including a 24-hour doorman, bike storage, and private storage. Ideally located just two blocks from Central Park and close to the Metropolitan Museum of Art and Madison Avenue's premier boutiques and dining destinations. Pets are welcome. Up to 50% financing permitted. A monthly assessment of $1,321 is in place for capital improvements.

Home Features

•Wall Unit(s)
•Washer Hookup
•Separate/Formal Dining Room
•Washer Dryer Allowed
•City

Estimated Monthly Payment

$41,898 per month

30 year fixed, 6.28% Interest

Principal and Interest

$30,883

Property Taxes

Maintenance/Common Charges

$11,015

Term

Interest

Home Price

Down Payment

Estimated Rebate for this Home

One-time rebate at closing

$93,750

Monthly savings impact

$260/mo

Effective Purchase Price

$6,156,250

(Home Price - Estimated Rebate)

💡 Estimated rebate from our commission

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).

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.

The Real Estate Rebate Team

Listing Courtesy of Corcoran Group

Data Source: TRESTLE #RLS20020357

RLS at REBNY

Licensed Real Estate Broker real estate rebate team

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The Real Estate Rebate Team

Listing Courtesy of Corcoran Group

Data Source: TRESTLE #RLS20020357

RLS at REBNY

Price Analysis

Compare average listing prices and value metrics for 1045 PARK Avenue against the surrounding Carnegie Hill market.

Based on 1 active unit in building vs 97 in area

Average List Price

Building$6.3M

Neighborhood$4.1M

Price Per SqFt

Building Avg$1,488/ft²

Neighborhood Avg$1,088/ft²

Premium Market

36.71% Higher

than the Carnegie Hill price-per-sq-ft average

This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Carnegie Hill.

Carnegie Hill

Overview of Carnegie Hill

Carnegie Hill is one of the most prestigious and charming sections of the Upper East Side, spanning from 86th to 96th Streets between Fifth Avenue and Third Avenue. Named after Andrew Carnegie's mansion, it is known for its village-like atmosphere and stunning architecture. For buyers seeking Carnegie Hill Manhattan real estate, it offers a quieter, more family-oriented version of uptown luxury. Living in Carnegie Hill, Manhattan feels like stepping back in time. The neighborhood is preserved by strict historic district zoning, keeping the tree-lined streets sunny and low-rise. As a family-favorite Manhattan NYC neighborhood, it is defined by its proximity to Central Park, elite private schools, and Museum Mile.

Real Estate & Housing Market

The market for homes for sale in Carnegie Hill is famous for its large, pre-war cooperative apartments. Buildings along Fifth and Park Avenues are among the most exclusive in the city. However, the side streets offer beautiful brownstones and townhouses that are highly coveted. Inventory here is often geared towards families, with "classic six" and "classic seven" layouts common. It is a stable, high-value market. Co-ops generally have strict board requirements, maintaining the neighborhood's private and settled character.

Lifestyle & Community

The lifestyle in Carnegie Hill is refined yet relaxed. It lacks the commercial bustle of the lower 80s or 70s. Instead, residents enjoy boutique shopping on Madison Avenue (like Bonpoint and Jacadi) and brunch at local favorites like Sarabeth's. The community is tight-knit, often centered around the local schools and the park. It is perhaps the most "neighborhoody" part of the Upper East Side. You will see neighbors chatting on corners, nannies in the park, and a generally slower pace of life.

Transportation & Accessibility

Carnegie Hill is served by the 4, 5, 6 trains at 86th and 96th Streets, providing distinct express connectivity to Wall Street and Grand Central. The Q train on Second Avenue has also opened up the eastern side of the neighborhood. The M1, M2, M3, and M4 buses on Fifth and Madison Avenues offer scenic north-south travel along the park. While it feels removed from the chaos, the commute to Midtown is efficient.

Parks, Schools & Amenities

Central Park is the neighborhood's backyard. Residents have easy access to the Reservoir, the tennis courts, and the Guggenheim Museum. The neighborhood is also home to the 92nd Street Y, a major cultural and community center. Schools are a primary draw. The concentration of top-tier private schools (like Dalton, Spence, and Sacred Heart) is higher here than almost anywhere else. It is an area built for raising families in the city.

Who This Neighborhood Is Best For

Carnegie Hill is best for affluent families, lovers of pre-war architecture, and cultural enthusiasts who want to live on Museum Mile. It is ideal for those who prioritize quiet streets, good schools, and proximity to the park.

Carnegie Hill Guide All Neighborhoods