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Prewar One-Bedroom Residential Income Property
New
For Sale
$950,000

1040 PARK Avenue 7H, New York City, NY 10028

East-facing cooperative residence with period details, generous closets, and doorman, concierge, and resident manager services.

Property SizeContact for details
Days on Market7

Property Features for 1040 PARK Avenue 7H

General Information

Standard status Active
Property subtype Apartment

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 1 x 1BR
Multifamily Units 1

Amenities

doorman
concierge
live-in resident manager

Building Details

Year Built 1924
Buildings 1
Stories 14
Construction Art Deco
Listing Agency: Douglas Elliman Real Estate
Listed By: Nicole A Orphanos
Source: Miradorrealestate
Added: Aug 16 Changed: Aug 20 Last Checked: Aug 22 at 10:56AM

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 one-bedroom cooperative residence occupies a 14-story prewar building completed in 1924. The apartment features original hardwood flooring, high ceilings, oversized windows, and eastern exposures over Park Avenue. Its layout includes a foyer with a walk-in closet, a living room with a separate dining area, a bedroom with extensive wall closets, a windowed bathroom, and a second walk-in closet.

The building stands at the northwest corner of Park Avenue and 86th Street in Carnegie Hill, near Central Park, Museum Mile, Madison Avenue retail, and public transportation. Art Deco details, a full-time doorman, concierge, and live-in resident manager serve the property. Pets are permitted with board approval.

Key Highlights

  • One‑bedroom cooperative apartment with eastern views over Park Avenue
  • Original hardwood floors, high ceilings, oversized windows, and abundant natural light
  • Two walk‑in closets plus extensive bedroom wall closets

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Auto Repair Shop Real Estate Agency Accounting Firm Barber Shop Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

19,014
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - East-facing cooperative residence with period details, generous closets, and doorman, concierge, and resident manager services.
Where is this residential income property located?
The property is located at 1040 PARK Avenue 7H New York City, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: One‑bedroom cooperative apartment with eastern views over Park Avenue; Original hardwood floors, high ceilings, oversized windows, and abundant natural light; Two walk‑in closets plus extensive bedroom wall closets
More about this property
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