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Manhattan / Upper East Side-Carnegie Hill / 10028

1040 PARK AVENUE

Boro1
Block1498
Lot33
BBL1014980033
Class D4Park Avenue Historic District
Residential units
88
Units in total
92
Storeys
14
Year built
1924
Last alteration on file
-
Recorded transfers
61 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.

RecordedConsiderationUnitWhat transferredInstrument
20 Jul 2026$800,00010HSINGLE RESIDENTIAL COOP UNITRPTT&RET
4 Feb 2026$2,000,0005ESINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Oct 2025$495,00012G2SINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Jun 2025$2,200,0009DSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 May 2025$1,300,0005JSINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Feb 2025$1,745,0005DSINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Sep 2024$2,750,0006FSINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Dec 2023$3,475,00012ESINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Oct 2022$1,860,00010ESINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Jul 2022$700,00012G1SINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Jun 2022$1,995,0005JSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Feb 2022$1,900,00013JSINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Nov 2021$1,625,0007ESINGLE RESIDENTIAL COOP UNITRPTT&RET
24 Sep 2021$2,700,00012FSINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Aug 2021$2,625,0004E SRSINGLE RESIDENTIAL COOP UNITRPTT&RET
7 May 2021$2,850,0009ESINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Jul 2020$1,450,0006DSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Feb 2020$655,0007HSINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Oct 2019$199,000SR10SINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Oct 2019$201,786SR2SINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Sep 2019$199,000SR10SINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Mar 2018$710,0008G1SINGLE RESIDENTIAL COOP UNITRPTT&RET
22 Dec 2017$790,50013HSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Sep 2017$1,672,5009DSINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Aug 2017$550,0004G-1SINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Jan 2017$850,00014HSINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Mar 2016$2,733,4002 ESINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Jun 2014$641,00012G1SINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Jun 2014$1,150,0003HSINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Dec 2013$3,395,00010JSINGLE RESIDENTIAL COOP UNITRPTT&RET
31 Jul 2013$4,825,0007G-2SINGLE RESIDENTIAL COOP UNIT2 lotsRPTT&RET
2 Jul 2013$450,00011G2SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Nov 2012$6,750,0009FSINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Sep 2012$3,381,0009H 9JSINGLE RESIDENTIAL COOP UNITRPTT&RET
9 May 2012$790,00010D2SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Aug 2011$275,0001G1SINGLE RESIDENTIAL COOP UNITRPTT&RET
4 May 2011$715,0003D2SINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Mar 2011$710,00010D2SINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Dec 2010$4,525,0005FSINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Dec 2010$485,0004G1SINGLE RESIDENTIAL COOP UNITRPTT&RET
61 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
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.

By year

YearTransfersMedian recordedLowestHighest
20262$1,400,000$800,000$2,000,000
20254$1,522,500$495,000$2,200,000
20241$2,750,000--
20231$3,475,000--
20224$1,880,000$700,000$1,995,000
20214$2,662,500$1,625,000$2,850,000
20202$1,052,500$655,000$1,450,000
20193$199,000$199,000$201,786
20181$710,000--
20174$820,250$550,000$1,672,500
20161$2,733,400--
20142$895,500$641,000$1,150,000
20133$3,395,000$450,000$4,825,000
20123$3,381,000$790,000$6,750,000
20113$710,000$275,000$715,000
20107$625,000$150,000$4,525,000
20091$425,000--
20083$970,000$500,000$2,350,000
20071$625,000--
20063$875,500$670,000$1,815,000
20055$1,855,469$157,500$3,500,000
20043$330,000$289,000$600,000
02

The building on the lot

Section through the lot

LOT 13,300 SQ FT14
Drawn from PLUTO: 14 storeys, 162,651 sq ft of building on 13,300 sq ft of lot, an average floor plate covering 87% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
13,300 sq ft
Building area
162,651 sq ft
Residential area
159,651 sq ft
Commercial area
3,000 sq ft
Office area
3,000 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
12.23
Residential FAR permitted
10
Zoning district
R10
03

Assessment

Assessed land value
$3,069,000
Assessed total value
$19,899,450
Exempt value
$120,670
Assessed per residential unit
$226,130

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
40.780596, -73.957457
05

Other buildings in Upper East Side-Carnegie Hill

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1524 3 AVENUED643019671-
150 EAST 69TH STREETD43781959314$1.90m
1150 MADISON AVENUED634319231-
1680 3 AVENUED628019801-
1239 MADISON AVENUERM2511969192$2.88m
118 EAST 60 STREETD42341963239$669k
1538 3 AVENUERM2291991261$1.72m
171 EAST 84 STREETRM2171987209$1.40m
120 EAST 87 STREETRM2141981249$999k
48 EAST 89 STREETD42101973168$1.74m
800 5 AVENUED820819790-
1327 MADISON AVENUERM2051984171$1.93m

Every building on file in Upper East Side-Carnegie Hill