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$2,942,587
List Price: $2,995,000
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1040 Park Avenue #7E

Coop in Carnegie Hill •  building info
2bd • 2ba
Buy with Yoreevo

$2,942,587

List Price

$2,995,000

Key Details
Days on market
21
Last price change
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Estimated payment
$14,609/mo
Taxes
Included in maintenance fees
Maintenance
$5,631/mo
Description
If you've been waiting for the right opportunity to own a classic pre-war residence, now is the time to consider 1040 Park Avenue. Perfectly positioned on the iconic northwest corner of Park Avenue and 86th Street, just two blocks from Central Park, this elegant five-room residence offers the timeless scale, architectural character, and gracious proportions that define Carnegie Hill's most distinguished homes. The expansive living room and formal dining room were originally part of a grand twelve-room apartment, creating an extraordinary sense of volume rarely found today. A wood-burning fireplace serves as the centerpiece of the living room, while the oversized eat-in kitchen, separate laundry room with in-unit washer and dryer, along with additional generous sized laundry room in the building. Two generously proportioned bedrooms, two baths, and exceptional walk-in closet space provide both comfort and functionality. For buyers seeking additional flexibility, this floor plan has been successfully reconfigured in other apartments within the building to create a three-bedroom residence. Additional private storage is available in the building for a monthly fee, subject to availability. 1040 Park Avenue is one of Carnegie Hill's most sought-after white-glove pre-war cooperatives. Residents enjoy the highest level of service with a 24-hour doorman, concierge, porter, and full-time resident manager. Located at the prestigious northwest corner of Park Avenue and 86th Street, the building is two blocks from Central Park, Museum Mile, Madison Avenue's renowned boutiques and restaurants, and convenient public transportation in every direction. Building policies permit a maximum of 50% financing. A 2% flip tax is payable to the cooperative corporation, with responsibility determined by the terms negotiated between the purchaser and seller. Available to be shown by appointment Monday - Friday 10am -6pm.

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Important Stuff
Elevator
Washer/Dryer in unit
Full Time Doorman
Cats and Dogs allowed
Policies
Pied-a-Terre Allowed
Unit features
Dishwasher
Hardwood floors
Fireplace

Wood

View

City, Skyline

Building amenities
Services and facilities
Bike Room
Concierge
Fios Available
Laundry in Building
Live In Super
Package Room
Storage

Locker/Cage

Wheelchair Access
Wellness and recreation
Gym
Building info

History
What it'll cost
Purchase price
$2,995,000
Asking Price: $2,995,000
Term
30 Years
Down Payment
$1,497,000 (50%)
Min: 50% (1,497,000)
Rate
6.0 %
Mortgage Amount
$1,497,500
Mortgage Payment
$8,978
Maintenance
$5,631
Estimated Yoreevo rebate
$52,413
Estimated closing cost
$45,000
Total monthly cost $14,609
Buy your dream home with us and get an estimated
$52,413 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Douglas Elliman

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