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$7,861,750
List price: $7,995,000
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1040 Fifth Avenue #7/8B
Coop in Upper East Side •  building info
3bd • 4.5ba
Buy with Yoreevo

$7,861,750

List price

$7,995,000

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photo of agent
Leon Goldfeld
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Key Details
Days on market
12
Last price change
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Estimated payment
$50,094
Monthly taxes
N/A
Monthly maintenance
$11,747
Description
THE FIFTH AVENUE HOME YOU HAVE BEEN DREAMING OF... Make this special, beautifully maintained 10-room, 4 1/2 bath apartment with mesmerizing views of Central Park your forever home at the historic 1040 Fifth Avenue Cooperative. This lovely and expansive beauty retains its original, elegant duplex layout by celebrated architect, Rosario Candela. The marble-floored central gallery on the 7th floor leads to all formal entertaining rooms, a powder room, and a graceful, curving staircase to the bedroom quarters on the 8th floor. The opulent, yet timeless formal rooms feature herringbone floors, high ceilings and gracious proportions. The sunny, grand living room and adjacent, handsome, wood-paneled library both feature fireplaces and face west with direct Central Park views and breathtaking sunsets. Off of the east side of the gallery, the large dining room was designed for hosting dinner parties. It connects to the pantry with charming Shaker-style cabinetry and passes through to the spacious, windowed eat-in kitchen, ready to be updated and transformed into your dream kitchen. A second back staircase leads from the rear of the kitchen to the 8th floor. Up the front staircase with wrought-iron handrail, a central landing connects to the three large bedrooms, each with an en-suite bathroom. The west-facing primary and second bedrooms enjoy sweeping park views and the third, east-facing bedroom is especially quiet and secluded. Down a corridor to the rear of the home, two smaller rooms are located along with a shared fourth full bathroom, and a kitchenette. Originally staff rooms, each smaller room would work well as a nursery, office, guest room, or nanny's room. Constructed in 1930, 1040 Fifth Avenue is one of the most exclusive, white glove cooperatives on Fifth Avenue. This regal limestone building was once home to Jacqueline Kennedy Onassis and is one of the architectural masterpieces on the Upper East Side. Spend your free time walking in Central Park, shopping on Madison Avenue or exploring the Metropolitan Museum of Art just one block away. Don't miss out on this rare opportunity to own a special piece of New York history. Please note that financing is not permitted and there is a 2% flip tax paid by the purchaser.

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Important Stuff
Elevator
Full Time Doorman
Building Amenities
Fios Available
History
What it'll cost
Purchase price
$7,995,000
Asking Price: $7,995,000
Term
30 Years
Down Payment
$1,599,000 (20%)
Min: 20% (1,599,000)
Rate
6.0 %
Mortgage Amount
$6,396,000
Mortgage Payment
$38,347
Maintenance
Estimated Yoreevo rebate
Estimated closing cost
Total monthly cost $50,094
Buy your dream home with us and get an estimated
$133,250 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Courtesy of Douglas Elliman