Fifth Avenue
Building Profile ·
1040 Fifth Avenue
1040 Fifth Avenue, New York, NY 10028 (at East 85th Street)
AT A GLANCE
Type
Cooperative
About the building
Why 1040 Fifth matters
1040 Fifth Avenue is among Rosario Candela's most accomplished Fifth Avenue commissions and the building most identified with Jacqueline Kennedy Onassis's three decades of New York residency. Candela designed it for the developer Anthony Campagna in 1929–1930, executing a pre-war classical composition with Art Deco detail…
Recent Sales
Last 5–10 closed sales at 1040 Fifth Avenue (replace this section with current ACRIS data — pull at publication time and refresh quarterly):
[Recent sales table to be populated from ACRIS]
Sales context at 1040 Fifth:
Inventory turnover is slow; multi-year gaps between transactions are common at the building level.
What to know if you're buying
Subletting is not allowed. This is the building's most consequential ownership constraint. 1040 Fifth requires owner-occupancy — apartments cannot be rented out, even with board approval. Buyers planning any form of investment-grade or absentee ownership should look elsewhere; the building exists for primary residents.
The 2% flip tax is buyer-paid.…
What to know if you're selling
Marketing is a mix of public listing and private network. Apartments often appear on StreetEasy and Compass private exclusive channels, with simultaneous outreach through private broker networks for high-priced configurations.
Pricing benefits from building familiarity. Comparable sales at the apartment-configuration level are critical — full-floor vs. simplex vs. duplex pricing…
The Roebling Team at
1040 Fifth Avenue
The Roebling Team at Compass specializes in Central Park West, the Upper East Side, and the broader Park-facing Manhattan market. We publish this building profile because Gold Coast buyers and sellers deserve building-specific intelligence — architecture, board culture, transactional mechanics, and the realities of pricing at the apartment level —…