Manhattan / Upper East Side-Carnegie Hill / 10028
1040 5 AVENUE
Boro1
Block1497
Lot1
BBL1014970001
Residential units
28
Units in total
29
Storeys
17
Year built
1930
Last alteration on file
1987
Recorded transfers
17 since 2003
01
What has sold here
Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 4 May 2023 | $25,000,000 | 9/10C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 16 Feb 2023 | $3,200,000 | MR#7 | SINGLE RESIDENTIAL COOP UNIT2 lots | RPTT&RET |
| 13 Oct 2022 | $8,350,000 | 7/8B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 24 Jun 2021 | $15,500,000 | 13A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 16 Feb 2021 | $6,500,000 | 5/6C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 27 Jun 2016 | $32,000,000 | 10A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 10 Jul 2015 | $30,000,000 | 14A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 20 Feb 2014 | $3,600,000 | 2C | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 9 Nov 2012 | $6,500,000 | 3 /4B | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 26 Mar 2012 | $13,000,000 | PHA | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 3 Jan 2011 | $3,600,000 | 1A | SINGLE RESIDENTIAL COOP UNIT2 lots | RPTT&RET |
| 15 Sep 2008 | $21,000,000 | 10A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 18 Jan 2008 | $19,500,000 | 10A | SINGLE RESIDENTIAL COOP UNIT | RPTT |
| 16 Jan 2008 | $21,420,000 | 14-A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 20 Sep 2006 | $30,000,000 | 15A | SINGLE RESIDENTIAL COOP UNIT2 lots | RPTT&RET |
| 13 Sep 2005 | $12,375,000 | 14A | SINGLE RESIDENTIAL COOP UNIT | RPTT&RET |
| 15 Jun 2004 | $2,300,000 | 1AMR7 | SINGLE RESIDENTIAL COOP UNIT | RPTT |
- RPTT&RET
- BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
- RPTT
- NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2023 | 2 | $14,100,000 | $3,200,000 | $25,000,000 |
| 2022 | 1 | $8,350,000 | - | - |
| 2021 | 2 | $11,000,000 | $6,500,000 | $15,500,000 |
| 2016 | 1 | $32,000,000 | - | - |
| 2015 | 1 | $30,000,000 | - | - |
| 2014 | 1 | $3,600,000 | - | - |
| 2012 | 2 | $9,750,000 | $6,500,000 | $13,000,000 |
| 2011 | 1 | $3,600,000 | - | - |
| 2008 | 3 | $21,000,000 | $19,500,000 | $21,420,000 |
| 2006 | 1 | $30,000,000 | - | - |
| 2005 | 1 | $12,375,000 | - | - |
| 2004 | 1 | $2,300,000 | - | - |
02
The building on the lot
Section through the lot
Lot area
11,200 sq ft
Building area
146,235 sq ft
Residential area
144,285 sq ft
Commercial area
1,950 sq ft
Office area
1,500 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
13.06
Residential FAR permitted
10
Zoning district
R10
03
Assessment
Assessed land value
$3,213,000
Assessed total value
$19,319,850
Exempt value
$0
Assessed per residential unit
$689,995
Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.
04
Classification and location
Building class
D4ELEVATOR COOPERATIVE
Neighbourhood
Upper East Side-Carnegie Hill
ZIP code
10028
Community district
Manhattan 8
Council district
4
Coordinates
40.78093, -73.960479
05
Other buildings in Upper East Side-Carnegie Hill
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 1524 3 AVENUE | D6 | 430 | 1967 | 1 | - |
| 150 EAST 69TH STREET | D4 | 378 | 1959 | 314 | $1.90m |
| 1150 MADISON AVENUE | D6 | 343 | 1923 | 1 | - |
| 1680 3 AVENUE | D6 | 280 | 1980 | 1 | - |
| 1239 MADISON AVENUE | RM | 251 | 1969 | 192 | $2.88m |
| 118 EAST 60 STREET | D4 | 234 | 1963 | 239 | $669k |
| 1538 3 AVENUE | RM | 229 | 1991 | 261 | $1.72m |
| 171 EAST 84 STREET | RM | 217 | 1987 | 209 | $1.40m |
| 120 EAST 87 STREET | RM | 214 | 1981 | 249 | $999k |
| 48 EAST 89 STREET | D4 | 210 | 1973 | 168 | $1.74m |
| 800 5 AVENUE | D8 | 208 | 1979 | 0 | - |
| 1327 MADISON AVENUE | RM | 205 | 1984 | 171 | $1.93m |