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for saleRealtyLens property overview
$12,000,000
1040 Fifth Ave # 3A
New York, NY, 10028
View more New York, NY property pages4Beds
5.5Baths
4,363Sqft
$2750$/sqft
Market Insights
Above nearby median+14%
$2750/sqft vs a nearby median of $2407/sqft.
Nearby median$2407/sqft
Nearby properties12
Property size4,363 sqft
- +14% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 4,363 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$10M$9.34M – $11M · 50% confidence
vs ask $12M+$1.74M (+14.5%)
Asking price is about 14.5% above where comps + adjustments land — there is room to negotiate.
$2,375/sqft median across 7 tight comps × 4,363 sqft= $10M
- Days-on-market gravity−$311k −3.0%
- Pre-war character+$259k +2.5%
- Open DOB violations−$104k −1.0%
- Transit access+$52k +0.5%
Cumulative NYC adjustments−$104k−1.0%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
Diligence Read2 items to check
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 209 days
- Last price change
- No change recorded
- Listed
- Oct 15, 2025
- Photos
- 17 photos
- Property type
- coop
- Status
- for sale
Photos
Building Facts
- Year built
- 1930
- Stories
- 17
- Total units
- 29
- Residential units
- 28
- Building area
- 3.36 ac
- Lot size
- 11,200 sqft
- Land use
- Multi-family elevator buildings
- Building class
- D4
From NYC public records where available.
Price History
May 4, 2026Initial record
$12,000,000for sale
Public Records
DOB violations9 open
45 total recorded against the building
HPD violations0 open
0 total recorded
ACRIS documents72
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)13,402
Top: heat/hot water
Top complaint types in ZIP 10028
- HEAT/HOT WATER997
- Illegal Parking940
- Noise757
- Maintenance or Facility655
- Noise - Residential605
Recent DOB
- Feb 22, 2023V-DOB VIOLATION - ACTIVE · FISPNRF-NO REPORT AND / OR LATE FILING (FACADE) FACADE REQUIRED
- Nov 11, 2020V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
- Jan 26, 2018V-DOB VIOLATION - ACTIVE · ACC1-(OTHER BLDGS TYPES) - ELEVATOR AFFIRMATION OF CORRECTION ELEVATORREQUIRED
- Jan 26, 2018V-DOB VIOLATION - ACTIVE · ACC1-(OTHER BLDGS TYPES) - ELEVATOR AFFIRMATION OF CORRECTION ELEVATORREQUIRED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.