Pre-War Residential Income
For Sale
$2,995,000
1040 PARK Avenue 7E, New York City, NY 10028
Five-room residence with two bedrooms, two baths, a wood-burning fireplace, and an oversized eat-in kitchen.
Property SizeContact for details
Days on Market14
Property Features for 1040 PARK Avenue 7E
General Information
Standard status
Active
Property subtype
Apartment
Building Details
Year Built
1924
Listing Agency:
Douglas Elliman Real Estate
(917) 509-7620
Listed By:
Howard N Margolis · License #30MA0861173
(917) 509-7620
Source:
Nobleblackandpartners
Added: Jul 29
Changed: Aug 8
Last Checked: Aug 10 at 9:57AM
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 Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
This 1924 pre-war residential property is a five-room residence with two bedrooms, two baths, and generous closet capacity. The layout includes a large living room with a wood-burning fireplace, a formal dining room, and an oversized eat-in kitchen. A separate laundry room includes an in-unit washer and dryer, while additional private storage may be available in the building, subject to availability.
The property is located at the northwest corner of Park Avenue and 86th Street in New York City, two blocks from Central Park. Museum Mile, Madison Avenue shops and restaurants, and public transportation are nearby. The cooperative building provides 24-hour doorman service, concierge and porter assistance, and a full-time resident manager. Comparable apartments in the building have been reconfigured as three-bedroom residences.
The property is located at the northwest corner of Park Avenue and 86th Street in New York City, two blocks from Central Park. Museum Mile, Madison Avenue shops and restaurants, and public transportation are nearby. The cooperative building provides 24-hour doorman service, concierge and porter assistance, and a full-time resident manager. Comparable apartments in the building have been reconfigured as three-bedroom residences.
Key Highlights
- 1924 pre‑war residence at 1040 Park Avenue, Apartment 7E
- Five‑room layout with two bedrooms and two baths
- Living room features a wood‑burning fireplace
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
19,014
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 - Five-room residence with two bedrooms, two baths, a wood-burning fireplace, and an oversized eat-in kitchen.
Where is this residential income property located?
The property is located at 1040 PARK Avenue 7E New York City, NY.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: 1924 pre‑war residence at 1040 Park Avenue, Apartment 7E; Five‑room layout with two bedrooms and two baths; Living room features a wood‑burning fireplace
