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$17,000,000

20% Min Down
3 Bed
5.5 Bath
Listed 114 weeks ago, Built in 1928
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Common Charges
$24,237
Property Taxes
$0
Mortgage
$72,179
Total Monthly Payment
$96,416
Est. Rental Income
$6,700
Cap Rate
-1.24%
Description
Perched up high within one of Candela's most prestigious and sought after prewar coops, this one of a kind residence boasts extraordinary scale and baronial proportions. With massive frontage along Park Avenue, the glorious and sun flooded rooms are perfectly suited to the grandest entertaining and the most gracious living. Noteworthy details include soaring ceilings as high as 14"9' feet, immaculate hardwood floors and marvelous period stone embellishments and mantle pieces.  The private Entry Vestibule opens to a spectacularly grand Gallery with a vaulted cathedral ceiling. The massive Living Room is distinguished by extraordinary 18th Century English wood paneling and a wood burning fireplace. There is also an enormous Dining Room with 13.5 ft high ceilings and three window bays as well as a most handsome Library that incorporates an oversized four panel stained glass window within a stone Gothic style window architrave. A Powder Room with an ante-chamber is conveniently accessible from the Entry Hall as are two coat closets.  The private quarters are comprised of an exceedingly lovely corner Master Bedroom that enjoys picturesque exposures of the city skyline and views down Park Ave.  There is also a wonderful Dressing Room, a sunny Study and a south facing marble Bath.  In addition the Second Bedroom with ensuite Bath and a giant walk-in closet is enormous, and there is a smaller cozy Third Bedroom also with an ensuite Bath.   A large square Kitchen and equally sizable Butler's Pantry enjoy pleasant western outlooks over the trees of the Lehman Garden. The generous Staff Quarters include an oversized bedroom with bath, and then up a half flite of stairs there are two nice additional bedrooms rooms with a shared bath.  A wine vault and storage bin are also included in the sale. This truly unique is the embodiment of refined elegance and sophistication. Moreover, it's immense scale and sought after room arrangement makes it the ideal trophy residence.
Features & Amenities
Fitness Center
Dogs Allowed
Cats Allowed
Elevator
Doorman
Laundry in Unit
Detected Features from HopScore Deep Learning Analysis
Floorplan Available
Price History
Date Event Price Source
2019-05-13 Status Change Relisted Sotheby's International Realty, Inc.
2019-05-11 Status Change Off Market Sotheby's International Realty, Inc.
2019-05-04 Price Drop $17,000,000 Sotheby's International Realty, Inc.
2019-03-07 Status Change Relisted Sotheby's International Realty, Inc.
2019-02-25 Status Change Off Market Sotheby's International Realty, Inc.
2018-06-29 Price Drop $20,000,000 Sotheby's International Realty, Inc.
2018-04-18 Price Drop $23,000,000 Sotheby's International Realty, Inc.
2017-04-05 Listed $28,000,000 Sotheby's International Realty, Inc.
Want to find out who owns 720 Park Ave? Get detailed property transactions, assessments, mortgage info.
On the Map
Nearby Public Transportation
6
0.16 mi at 68th St-Hunter College (68th St and Lexington Ave)
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Q
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0.37 mi at 72nd St (72nd Street and 2nd Ave)
F
0.39 mi at Lexington Av (63rd St and Lexington Ave)
4
5
6
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0.55 mi at 59th St (East 60th Street and Lexington Avenue)
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0.57 mi at 5th Av (60th St and 5th Ave)
Recent Transactions at 720 Park Ave
Unit Br Ba Sqft Time Listed Listing $ Listed By Closed Closing $ Diff Buyer(s)
Unit 23C - - - - -
- - 2017-06-02
$19,250,000
$19,250,000 - Scott Kh Bessent
John F Freeman
Unit 7B - - - - -
- - 2016-01-26
$0
$0 - Ellen F Marcus
Unit MULTIPLE - - - - -
- - 2015-08-28
$5,000,000
$5,000,000 - Lara Lerner
Unit 2A - - - - -
- - 2015-06-11
$3,850,000
$3,850,000 - Alexandra Schoenburg
Unit MASB - - - - -
- - 2013-12-18
$2,350,000
$2,350,000 - Lisa Tananbaum
Steven Tananbaum
Unit 16A 3 Bed 4.5 Bath - 122 Days 2013-03-08
$24,000,000
Betsy Messerschmitt
The Corcoran Group
$24,000,000 Betsy Messerschmitt
The Corcoran Group
2013-07-09
$24,000,000
$24,000,000 $0
+0.00%
Leah Weisberg
Michael Weisberg
Unit SU17 - - - - -
- - 2013-06-26
$250,000
$250,000 - Betsy Cohen
Edward Cohen
Unit 15 - - - - -
- - 2013-06-26
$238,290
$238,290 - Betsy Z Cohen
Edward E Cohen
Unit 9A 5 Bed 5 Bath - 252 Days 2012-10-03
$27,500,000
John Burger
Brown Harris Stevens
$27,500,000 John Burger
Brown Harris Stevens
2013-06-13
$23,000,000
$23,000,000 -$4,500,000
-16.36%
Lisa Tananbaum
Steven Tananbaum
Unit SR4 - - - - -
- - 2011-11-09
$100,000
$100,000 - Donald B Marron
Unit 4A - - - - -
- - 2010-05-24
$21,995,500
$21,995,500 - Jaime A Ms Tisch
Unit 2B - - - - -
- - 2008-12-30
$8,980,000
$8,980,000 - Barbaralee Diamonstein-spielvogel
Carl Spielvogel
Unit 7A - - - - -
- - 2008-12-18
$36,630,000
$36,630,000 - Jill G Kraus
Unit RM16 - - - - -
- - 2008-11-13
$250,000
$250,000 - Mary Schorr
Paul Schorr
Unit RM17 - - - - -
- - 2008-10-07
$250,000
$250,000 - Lawrence T Jr Babbio
Sheri L Babbio
Unit 5B - - - - -
- - 2008-05-20
$9,500,000
$9,500,000 - Mary Burwell Espy Schorr
Paul C Iv Schorr
Unit 7A - - - - -
- - 2006-06-05
$20,000,000
$20,000,000 - Barbaralee Diamonstein-spielvogel
Carl Spielvogel
Unit 17A - - - - -
- - 2006-05-25
$18,700,000
$18,700,000 - Betsy Cohen
Edward Cohen
Unit - - - - -
- - 2005-02-16
$80,824
$80,824 - Mark Magowan
Nina Magowan
View All Transactions at 720 Park Ave
Room By Room Floorplans and Photos
The apartment appears to have the following available photos. Note that all categories are based on data provided by the agent or firm advertising the sale, our internal listings quality team, and our HopScore machine vision algorithms. In total, the listing has 12 photos or floorplans, and we present a breakdown of each photo with the associated room or features.
Living
Bed
Bath
Misc
Lobby
Floorplan
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