Terraced Residential Income
For Sale
$35,000,000
1040 5th Avenue 16, New York City, NY 10028
Full-floor residence with private elevator access, multiple terraces, fireplaces, and panoramic park and city outlooks.
Property SizeContact for details
Days on Market16
Property Features for 1040 5th Avenue 16
General Information
Standard status
Active
Elevators
Yes
Property subtype
Apartment
Additional Details
Multifamily Units
1
Amenities
private elevator landing
wood-burning fireplace
terrace
glass terrace parapets
french doors
eat-in Kitchen
laundry room
private storage rooms
Building Details
Year Built
1930
Listing Agency:
Compass
Listed By:
Alexa P Lambert
(917) 403-8819
Source:
Carlinwright
Added: Sep 17
Changed: Sep 25
Last Checked: Oct 1 at 3:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
Occupying the entire sixteenth floor, this residential income property offers a private elevator arrival, extensive terraces, and a highly articulated interior. The layout includes a gallery, living room, library, dining room, eat-in kitchen, breakfast room, pantry, laundry room, utility room, staff rooms, and four additional bedrooms. Wood-burning fireplaces serve the living room, library, and primary bedroom. French doors connect several principal rooms to the terraces, while the primary suite includes a dressing room and en suite bathroom.
The residence faces Central Park and the Jacqueline Kennedy Onassis Reservoir, with additional exposures toward the city. The kitchen receives northern and eastern light, and the breakfast room opens to a terrace with southern skyline views. The limestone building at 1040 Fifth Avenue dates to 1930 and provides private storage rooms, resident service, and pet-friendly policies.
The residence faces Central Park and the Jacqueline Kennedy Onassis Reservoir, with additional exposures toward the city. The kitchen receives northern and eastern light, and the breakfast room opens to a terrace with southern skyline views. The limestone building at 1040 Fifth Avenue dates to 1930 and provides private storage rooms, resident service, and pet-friendly policies.
Key Highlights
- Entire 16th floor with surrounding terraces and private elevator arrival
- Views of Central Park and the Jacqueline Kennedy Onassis Reservoir
- Four additional bedrooms plus a primary suite with dressing room and en suite bathroom
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
16,921
Businesses Nearby
Explore this area
Business Placement
Demographics for 10028, NY
48,116
Population
29,535
Households
1.6
Avg Household Size
39
Median Age
83%
College-Educated
98%
High-School Grad
0.3 sq mi
ZIP Area
160,387
Density / Sq Mi
$168,125
Median Household Income
$116,860
Median Earnings
$2,702
Median Rent
$1,600,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Full-floor residence with private elevator access, multiple terraces, fireplaces, and panoramic park and city outlooks.
Where is this residential income property located?
The property is located at 1040 5th Avenue 16 New York City, NY.
What is the asking price?
The asking price for this property is $35,000,000.
What are key features of this property?
This property features: Entire 16th floor with surrounding terraces and private elevator arrival; Views of Central Park and the Jacqueline Kennedy Onassis Reservoir; Four additional bedrooms plus a primary suite with dressing room and en suite bathroom
