Rare and wonderful, this glamorous terraced residence is an aerie with spectacular views of Central Park and the Jacqueline Kennedy Onassis Reservoir. This exceptional apartment is situated atop one of Rosario Candela's most notable buildings and is an architectural tour de force. Remarkably elegant and graceful, this home is a superb example of Candela's masterful work. Spanning the entire sixteenth floor with a park-facing terrace, the apartment is awash in glorious sunlight throughout the day with unobstructed views in all directions. Incorporating many of the design elements as well as the proportion and scale that distinguish the great buildings of the early twentieth century in New York City, the 16th floor at 1040 Fifth recalls an era of truly timeless elegance. All the principal rooms open onto surrounding terraces, and french doors throughout invite indoor-outdoor living. Rare glass terrace parapets allow the apartment's sweeping views of the Park to be felt in every room. Accessed via a private elevator landing, the grand Gallery opens to three spectacular entertainment rooms: a marvelous west-facing Living Room, nearly 30 feet in length, with three sets of tall French casement doors opening to the Terrace; an exquisite south-facing wood-paneled Library; and a handsome south-facing Dining Room. The Living Room and Library have wood-burning fireplaces, and all three rooms are perfect in proportion and scale. Nearby, ample closets and an elegant Powder Room complete the grand and welcoming sweep of the entertainment rooms. A spacious eat-in Kitchen opens to a separate Breakfast Room with charming French doors to a small terrace and city skyline views to the south. The bright Kitchen enjoys morning sun and city views to the north and east, and features top-of-the-line appliances and a generous Pantry. A Laundry Room, large Utility Room (which could easily serve as a Playroom or Gym), and two Staff Rooms with a shared Bath, accessed via two private hallways, complete this wing of the residence. Serene private bedroom quarters include an extraordinarily stunning Primary Bedroom suite with a wood-burning fireplace and three magical exposures with breathtaking views of Central Park and the Reservoir. The suite includes a Dressing Room with a large picture window and a spacious ensuite Bathroom. There are three additional bedrooms, all generous in size, two of which have Central Park and sunset views while the third enjoys open city views and morning sunlight from the east. Rosario Candela's enduring and iconic 1929 design is notable for its limestone façade, inventive detail, and its magnificent assemblage of truly splendid simplex and duplex apartments. Residents benefit from the highest level of service and discretion, as well as private storage rooms. One of New York's most prestigious addresses since its inception, 1040 Fifth Avenue continues to set the standard for timeless elegance and classic design. Please note that financing is not permitted. There is a 2% flip tax payable by the buyer, and purchases under trusts are allowed, subject to legal and board approval. Pets are welcome.