New York City  »  10028  »  Park Ave  »  1040 Park Ave

Park-86 Apt CORP - 1040 Park Avenue, New York, NY 10028 - Property report

Also known as: 71-81 E 86th St

Property image for Park-86 Apt CORP - 1040 Park Avenue, New York, NY 10028
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Property type

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Year built

1925

Lot sq. ft.

13,300

General information

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Address
Building name
Park-86 Apt CORP
Primary address
Park-86 Apt CORP - 1040 Park Avenue
Alternate address(es)
71-81 E 86th St
ZIP code
10028
Neighborhood
Carnegie Hill
Borough
Manhattan
Block & lot
01498-0033

Owner

Find out who owns Park-86 Apt CORP - 1040 Park Avenue, New York, NY 10028. Uncover corporate and individual owners with a free account.

Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
162,651
Building dimensions
98 ft x 122 ft
Buildings on lot
1
Stories
14
Year built
1925
Sales
Sale date
06/14/2007
Sale price
$34,457
Tax
Tax year
2026-2027
Property tax
$1,894,266
Tax class
Zoning & Use
Zoning
Residential units
88
Residential sq. ft.
Commercial units
4
Office sq. ft.
Lot
Frontage(s)
Park Avenue (wide)
East 86 Street (wide)
Lot dimensions
100.67 ft x 133.33 ft
Lot sq. ft.
13,300
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Current built area
162,659 sq. ft.
Buildable area

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
81 /100.  Very Bikeable
School district
2
Community district
8
Closest police station
0.70 Miles
Closest fire station
0.15 Miles

View more such as transportation, nearby schools and risk designations.

Units for Park-86 Apt CORP - 1040 Park Avenue, New York, NY

Unit Sale date Sale price Sq. ft. Price/Sq. ft.
Unit 10D 05/09/2012
Unit 10D2 750
Unit 10E 10/06/2022
Unit 10F
Unit 10F,G 06/15/2010
Unit 10G
Unit 10H 07/20/2026
Unit 10I
Unit 10J 12/30/2013 1,850
Unit 11C
Unit 11E
Unit 11G 07/02/2013
Unit 12C
Unit 12D 01/24/2006
Unit 12E 12/05/2023
Unit 12F 09/24/2021
Unit 12G 10/08/2025
Unit 13D
Unit 13E 05/16/2024
Unit 13F
Unit 13F,G
Unit 13H 06/03/2021
Unit 13J 02/11/2022
Unit 14D 05/16/2024
Unit 14F 12/19/2023
Unit 14G 07/07/2011
Unit 14G,I 12/19/2023
Unit 14H 01/03/2017 975
Unit 14J
Unit 15C
Unit 15C,H
Unit 15D 04/06/2005
Unit 15D2
Unit 1A 06/01/2006
Unit 1B 10/30/2020
Unit 1C 10/30/2020
Unit 1D
Unit 1D,E 10/06/2008
Unit 1E
Unit 1G 08/15/2011
Unit 2D 03/02/2010
Unit 2D1-2D2
Unit 2E 03/15/2016
Unit 2F 08/18/2008 1,928
Unit 2H
Unit 2H,J
Unit 2J
Unit 3D 05/04/2011
Unit 3E 12/08/2023
Unit 3F
Unit 3H 06/18/2014
Unit 3J
Unit 4D
Unit 4E
Unit 4ESR 08/03/2021
Unit 4F
Unit 4G 08/10/2017
Unit 4G2 11/16/2007
Unit 4H
Unit 4H,J
Unit 4J
Unit 4R 08/25/2010
Unit 5D 02/25/2025
Unit 5E 02/04/2026
Unit 5F 12/21/2010
Unit 5F,G
Unit 5F,G,I
Unit 5G 03/17/2008
Unit 5J 05/14/2025
Unit 6D 07/29/2020
Unit 6F 09/10/2024
Unit 6G 10/19/2006 700
Unit 6H,J 01/25/2005
Unit 7D
Unit 7E 11/23/2021
Unit 7F 07/31/2013
Unit 7G 07/31/2013
Unit 7H 02/19/2020
Unit 8D,H 07/09/2026
Unit 8E
Unit 8F 08/31/2005 1,800
Unit 8G 03/16/2018
Unit 8J
Unit 9D 06/16/2025
Unit 9E 05/07/2021 2,500
Unit 9F 11/15/2012
Unit 9H,J 09/10/2012 2,600
Unit G 09/01/2004
Unit HLW
Unit MDS10 10/07/2019
Unit MDS2 10/07/2019
Unit MDS4
Ownership

Ownership information for Park-86 Apt CORP - 1040 Park Avenue, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for Park-86 Apt CORP - 1040 Park Avenue, New York, NY 10028

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/19/2022 - R UCC3 Termination
(2022091900401001)		 XXXXXX XXX XXXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
09/21/2022 - R
09/14/2022 - D		 Satisfaction of Mortgage
(2022091900380001)		 XXXXXX XXX XXXX XXXXXXX XXXX
07/24/2020 - R
07/23/2020 - D		 Landmark Designation
(2020072300964001)		 XXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXX
11/05/2018 - R UCC3 Termination
(2018110201025001)		 XXXXX XXX XXX XXXXXXXXX XXXXXXX XXX
05/08/2017 - R UCC3 Termination
(2017050500462001)		 XXXXXXXXXX XXXXXX X XXXXXXX XXX XXXX XXXXXXX XXXX
06/21/2017 - R
04/12/2017 - D		 Both RPTT and RETT
(2017041400640001)		 XXXX XX XXXXXXXXX XXXXXXXXXXX XXXXXXX XXXXXXXXX
04/03/2017 - R UCC3 Continuation
(2017033101127001)		 XXXXXX XXX XXXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
08/21/2012 - R Initial UCC1
(2012080901077001)		 XXXXXX XXX XXXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
08/13/2012 - R
07/27/2012 - D		 Agreement
(2012080600529003)		 XXXXXX XXX XXXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
08/13/2012 - R
07/27/2012 - D		 Mortgage
(2012080600529002)		 XXXXXX XXX XXXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Park-86 Apt CORP - 1040 Park Avenue, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$1,894,266
Municipal exemptions
Recent tax assessments
Market value
$44,221,000
Assessed value
$19,899,450

More about New York City Property Taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $41,063,000 $18,478,350 $16,955,090 12.439% $2,123,576 $1,818,363 +3.17%
2024/25 $36,611,000 $16,474,950 $16,359,623 12.5% $2,059,369 $1,762,419 +1.02%
2023/24 $36,009,000 $16,204,050 $16,040,950 12.502% $2,025,830 $1,744,619 -4.87%
2022/23 $38,735,000 $17,430,750 $17,261,700 12.267% $2,138,230 $1,833,875 +5.30%
2021/22 $37,270,000 $16,771,500 $16,551,924 12.235% $2,051,993 $1,741,510 -15.59%
2020/21 $42,099,000 $18,944,550 $16,819,420 12.267% $2,090,000 $2,063,238 +5.12%
2019/20 $39,286,000 $17,678,700 $15,736,628 12.473% $1,994,273 $1,962,830 +5.76%
2018/19 $37,717,000 $16,972,650 $14,715,119 12.612% $1,890,151 $1,855,871 +2.94%
2017/18 $43,145,000 $19,415,250 $14,174,464 12.719% $1,843,358 $1,802,850 +13.77%
2016/17 $34,297,000 $15,433,650 $12,291,253 12.892% $1,625,693 $1,584,588 +9.64%
Permits

Permit information for Park-86 Apt CORP - 1040 Park Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
08/26/2026 Alteration
08/26/2026 Alteration
07/17/2026 Alteration
07/17/2026 Alteration
06/03/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID Inspection date Class NOV issue date Status
12/07/2017 A
12/07/2017 A
12/07/2017 A

*Most recent HPD violations on record for this property.

Neighborhood

Carnegie Hill residential market stats

Access a detailed real estate market overview of Carnegie Hill so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Carnegie Hill and compare it to other neighborhoods in Manhattan.

Median sale price

$1,712,500

-5.1% Y-o-Y

Median price/sq. ft.

$1,318

-12.6% Y-o-Y

Manhattan median sale price

$1,250,000

4.2% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Lexington Ave & 86th St at NW Corner
Station lines
4-5-6
Distance (miles)
0.109
View subway map

Access the detailed traffic volume map for Park-86 Apt CORP - 1040 Park Avenue, New York, NY 10028 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 6 Lillie D Blake 9 Yes Public PK, K-5 587 0.26
P.S. 6 Lillie D Blake 9 Yes Public PK, K-5 587 0.26
P.S. 169 Robert F Kennedy NR No Public K-11 301 0.10
Ramaz Lower School NR No Private PK, K-4 0 0.11
Ramaz Lower School NR No Private PK, K-4 0 0.11
St Ignatius Loyola School NR No Private K-8 547 0.14
Dalton School NR No Private K-12 1,313 0.15
St. Davids School NR No Private PK, K-8 0 0.19
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 167 Robert F Wagner 8 Yes Public 6-8 1,019 0.61
P.S. 169 Robert F Kennedy NR No Public K-11 301 0.10
St Ignatius Loyola School NR No Private K-8 547 0.14
Dalton School NR No Private K-12 1,313 0.15
St. Davids School NR No Private PK, K-8 0 0.19
Marymount School Of New York NR No Private PK-12 762 0.20
Marymount School of NY NR No Private PK, K-12 0 0.21
Hunter College High School NR No Public 7-12 0 0.41
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Regis High School NR No Private 9-12 530 0.09
P.S. 169 Robert F Kennedy NR No Public K-11 301 0.10
Dalton School NR No Private K-12 1,313 0.15
Loyola School NR No Private 9-12 208 0.15
Marymount School Of New York NR No Private PK-12 762 0.20
Marymount School of NY NR No Private PK, K-12 0 0.21
Hunter College High School NR No Public 7-12 0 0.41

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for Park-86 Apt CORP - 1040 Park Avenue, New York, NY

55 E 86th St, New York 1048 5th Ave, New York 1056 5th Ave, New York 10 E 87th St, New York 6 E 87th St, New York 56 E 87th St, New York 61 E 86th St, New York 1050 5th Ave, New York 1050 Park Ave, New York 50 E 87th St, New York 9 E 86th St, New York 7 E 86th St, New York 25 E 86th St, New York 11 E 86th St, New York 1045 5th Ave, New York 62 E 87th St, New York 12 E 87th St, New York 1049 5th Ave, New York

Nearby ZIP codes for Park-86 Apt CORP - 1040 Park Avenue, New York, NY

10021, New York City, NY 10022, New York City, NY 10023, New York City, NY 10025, New York City, NY 10026, New York City, NY 10029, New York City, NY 10044, New York City, NY 10065, New York City, NY 10075, New York City, NY 10103, New York City, NY 10128, New York City, NY 10152, New York City, NY 10154, New York City, NY 10162, New York City, NY 10171, New York City, NY 10172, New York City, NY 11102, New York City, NY 11106, New York City, NY

Frequently asked questions

What is the year built for Park-86 Apt CORP - 1040 Park Avenue, New York, NY 10028?

The development at Park-86 Apt CORP - 1040 Park Avenue, New York, NY 10028 was built in 1925.

What is the total square footage of Park-86 Apt CORP - 1040 Park Avenue, New York, NY 10028?

Park-86 Apt CORP - 1040 Park Avenue, New York, NY 10028 has a total of 162,651 square feet.

What is the assessed value of Park-86 Apt CORP - 1040 Park Avenue, New York, NY 10028?

Park-86 Apt CORP - 1040 Park Avenue, New York, NY 10028 is currently assessed at $19,899,450.

What are the property taxes for Park-86 Apt CORP - 1040 Park Avenue, New York, NY 10028?

The property taxes for Park-86 Apt CORP - 1040 Park Avenue, New York, NY 10028 total $2,186,383.

How many residential units does this building have?

This building has 88 residential unit(s).

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