




1040 5th Ave #3-A, New York, NY, 10028
About This Home
1040 FIFTH AVENUE, APARTMENT 3A This glamorous and graceful twelve-into-ten room residence is ideally situated in the heart of the Metropolitan Museum Historic District. Designed by Rosario Candela, this corner residence is awash in southern and western light throughout the day and boasts beautiful tree-lined views of Central Park through oversized windows. The majestic sweep of this home epitomizes grace and elegance. Accessed via a private elevator landing, the elegant Gallery opens to a marvelous corner Living Room, featuring southern and western exposures, nearly 30 feet facing Fifth Avenue, and a wood-burning fireplace. Adjacent, the generous Dining Room shares the same delightful leafy Central Park outlooks. Nearby, the handsome wood- paneled Library overlooks leafy East 85th Street. Beyond, a spacious eat-in Kitchen is supported by a separate Breakfast Room, a Laundry Room, and a Staff Room with a full bath. A Powder Room completes the grand and welcoming sweep of the entertainment rooms. Serene private quarters include a vast south-facing Primary Bedroom (originally two separate bedrooms) with two large ensuite bathrooms and an expansive walk-in closet. There are two additional Bedrooms, both generous in size and with ensuite baths and very ample closets. Incorporating many of the stunning design elements as well as the sublime proportions and scale that distinguish the great buildings of the early twentieth Century in New York City, this apartment is endlessly appealing and recalls an era of understated elegance and privilege. Rosario Candela’s enduring and iconic 1929 design is notable for its limestone façade, inventive detail, and its magnificent assemblage of truly splendid simplex and duplex apartments. Residents benefit from the highest level of service and discretion, as well as private storage rooms. One of New York’s most prestigious addresses since its inception, 1040 Fifth Avenue continues to set the standard for timeless elegance and classic design. Please note that financing is not permitted. There is a 2% flip tax payable by the buyer, and purchases under trusts are allowed, subject to legal and board approval. Pets are welcome.
Getting Around
Schools
Construction
Condition
- Year built: 1930
Type & Style
- Home type: Cooperative
- Property subType: Coop
Interior
Appliances
- Appliances included: Dishwasher,Washer/Dryer
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Cooling
- Cooling features: Central Air
Features
- Flooring: Hardwood
- Fireplace features: Wood Burning
- Fireplace: Yes
Interior Area
- Total structure area: 4,363
- Total interior livable area: 4,363 sqft
Property
Details
- Parcel number: 0149700013A
- Special condition: Resale
Features
- Has view: Yes
- View description: City,Skyline
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in New York County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $60,678 | $728,136 |
| Home Insurance * | $2,564 | $30,768 |
| Property Taxes | $7,100 | $85,200 |
| Electricity | $721 | $8,652 |
| Total | $71,063 | $852,756 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-07 | Listed for sale | $12,000,000 |
| 2026-05-13 | Listing removed | $12,000,000 |
| 2025-10-14 | Listed for sale | $12,000,000 |
