by RH Advisors

Check Availability
$25,000,000
↓ $3.5M (12.3%)
Co-op - For Sale

740 PARK Avenue #23D

Manhattan, NY 10021
bedrooms
5 Beds
bathrooms
9 Baths, 2 Half Baths
$136,799
Estimated Monthly
$14,044
HOA / Fees
-0.10%
Cap Rate

About This Property

Considered by many to be among the finest examples of pre-war apartment house architecture, 740 Park Avenue is defined by its stately proportions and unsurpassed elegance. Drawn by Rosario Candela and Arthur Loomis Harmon in 1929, the plans for this esteemed building remain a standard for gracefully functional design and serve still as inspiration for today's most sought-after new developments. Ideally located on East 71st Street, this marvelous and newly-renovated duplex residence is distinguished by a refined and quiet sophistication, impressive scale, and superb original architectural detail.

Accessed by a private elevator landing, the large rectangular Gallery opens to three grand entertainment rooms and features an elegantly-curved staircase to the upper floor. A substantial corner Living Room, nearly 37' in length, and the wood-paneled Library both boast wood burning fireplaces and pretty treetop outlooks. The Living Room has the additional benefit of an adjoining high-walled private Terrace. Equally impressive is the very large formal Dining Room with its adjacent Conservatory. A Powder Room and coat closet are conveniently accessible. Nearby, a very spacious and well-appointed state-of-the art chef's Kitchen is supported by a butler's Pantry with a back staircase to the upper level, a Breakfast Room, two Staff Bedrooms with a shared Bathroom, a Laundry Room, and a Powder Room.

Above, the tranquil private quarters feature a Primary Suite that includes a wonderful corner Primary Bedroom with a wood burning fireplace and leafy southern and western outlooks, a Sitting Room/Bedroom currently configured as an Office, two large marble-clad bathrooms, and two well-fitted and very ample closets. There are three additional generously-proportioned Bedrooms, all of which have capacious closets and en-suite baths. Two of the Bedrooms open onto a delightful shared room which is currently configured as a Playroom. Nearby, there is a small Office that also serves as a second Laundry Room.

With southern, western, and northern outlooks, this splendid duplex residence has pleasing and graceful proportions, which lend themselves effortlessly to the notion of elegant entertaining. These are enhanced by soaring high ceilings, grandly-scaled windows, gorgeous herringbone floors, and distinctive period detail. 740 Park Avenue is renowned for its expert and attentive staffing, which includes full-time doormen and porters, as well as a resident manager. Its gorgeous limestone fa ade is complemented by a sublimely elegant lobby. Residents also benefit from a state-of-the-art private fitness center and dedicated storage units. Pets are welcome. Co-exclusive.
Unit Size
-
Days on Market
382 days
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$14,044
Year Built
1930
Listed By
Last updated: 3 months ago (RLS #RPLU-33422413069)

Price History

Date / Event Date Event Price
Nov 28, 2023 Price Decreased $25,000,000
↓ $4M (12.3%)
Price Decreased
Nov 28, 2023 Relisted $28,500,000
Relisted
Oct 7, 2023 No longer available -
No longer available
Apr 14, 2023 Listed by Corcoran Group $28,500,000
Listed by Corcoran Group
Jul 28, 2016 Sold to Jeffrey Leeds, Elizabeth Ma... $18,000,000
Sold to Jeffrey Leeds, Elizabeth Ma...
Show More

Property Highlights

Doorman
Elevator
Air Conditioning
Fireplace
Interior Details

Bedroom Information

Bedrooms: 5

Bathroom Information

Full Bathrooms: 8
Half Bathrooms: 2

Interior Information

Interior Features: Separate Formal Dining Room
Appliances: Washer Dryer Allowed

Room Information

Laundry Features: Building Other, In Unit
Rooms: 14

Fireplace Information

Has Fireplace
Fireplaces: 3

Basement Information

Exterior Details

Property Information

Year Built: 1930

Building Information

Building Name: 740 PARK AVENUE
Outdoor Living Structures: Terrace
Pets Allowed: Building No, No

Land Information

Tax Lot: 0033
Tax Block: 01386

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Co-op
5 Beds
5 Baths
-
$25,000,000 Nov 8, 2012
- Feb 5, 2021
$17,505/mo
Condo
5 Beds
5.5 Baths
5,508 ft²
$4,539/ft²
$25,000,000 Mar 4, 2013
$25,000,000 Mar 1, 2014
$11,420/mo
Co-op
5 Beds
7 Baths
-
$22,500,000 Aug 18, 2020
$22,500,000 Jul 26, 2021
$19,656/mo
Co-op
5 Beds
7 Baths
-
$23,662,400 Aug 23, 2013
$23,662,400 Mar 26, 2014
$9,532/mo
Co-op
5 Beds
6.5 Baths
-
$21,500,000 Apr 26, 2007
- Feb 5, 2021
$8,066/mo
Co-op
5 Beds
6 Baths
-
$20,934,476 Jul 27, 2012
- Feb 5, 2021
$10,172/mo
Co-op
5 Beds
8 Baths
-
$25,000,000 Apr 14, 2023
-
$14,044/mo
Co-op
5 Beds
6 Baths
4,500 ft²
$5,222/ft²
$23,500,000 May 1, 2023
-
$17,435/mo
Condo
5 Beds
6 Baths
4,530 ft²
$5,519/ft²
$25,000,000 Oct 3, 2023
-
$18,391/mo
Condo
5 Beds
6 Baths
4,530 ft²
$5,188/ft²
$23,500,000 Oct 3, 2023
-
$18,402/mo
Co-op
6 Beds
5 Baths
5,740 ft²
$4,774/ft²
$27,400,000 Oct 2, 2019
-
$22,120/mo
Condo
4 Beds
5 Baths
4,869 ft²
$5,135/ft²
$25,000,000 Sep 21, 2023
-
$20,529/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220809 Unit 1011C
08/09/2022
4 Bed
6 Bath
-
$26,000,000
bedrooms
4 Bed
bathrooms
6 Bath
$17,000,000 -34.62%
10/12/2023
-
Francine Crocker
Corcoran Group
20200818 Unit 89A
08/18/2020
89A
5 Bed
7 Bath
-
$25,750,000
bedrooms
5 Bed
bathrooms
7 Bath
$22,500,000 -12.62%
07/22/2021
Carol Terner Lederman
Coldwell Banker Warburg
20200708 Unit 23C
07/08/2020
23C
5 Bed
7 Bath
-
$19,500,000
bedrooms
5 Bed
bathrooms
7 Bath
$13,900,000 -28.72%
02/06/2023
-
Kathleen Sloane
BROWN HARRIS STEVENS HV LLC HD
20190529 Unit PH1718D
05/29/2019
3 Bed
4 Bath
-
$34,500,000
bedrooms
3 Bed
bathrooms
4 Bath
$28,000,000 -18.84%
12/20/2023
-
Serena Boardman
Sotheby's International Realty, Inc.
20171102 Unit 45D
11/02/2017
45D
5 Bed
5.5 Bath
7500 ft²
-
bedrooms
5 Bed
bathrooms
5.5 Bath
square feet
7500 ft²
-
-
-
-
20170730
07/30/2017
5 Bed
6 Bath
7500 ft²
-
bedrooms
5 Bed
bathrooms
6 Bath
square feet
7500 ft²
-
-
-
-
20170120 Unit 1A
01/20/2017
1A
Studio
1 Bath
2330 ft²
$4,750,000
bedrooms
Studio
bathrooms
1 Bath
square feet
2330 ft²
$3,950,000 -16.84%
05/04/2018
-
Paul Wexler
Corcoran Group
20161116 Unit DROFFICE
11/16/2016
Studio
2 Bath
1500 ft²
$2,300,000
bedrooms
Studio
bathrooms
2 Bath
square feet
1500 ft²
-
-
-
-
20160301 Unit 1C
03/01/2016
1C
2 Bed
4 Bath
-
$3,995,000
bedrooms
2 Bed
bathrooms
4 Bath
-
-
-
Sabrina Saltiel
Prudential Douglas Elliman Real Estate
20151112 Unit 23D
11/12/2015
23D
4 Bed
4 Bath
-
$22,500,000
bedrooms
4 Bed
bathrooms
4 Bath
$18,000,000 -20.00%
07/28/2016
Paul Albano
Corcoran Group
20150615 Unit 1D
06/15/2015
1D
Studio
2 Bath
-
$4,200,000
bedrooms
Studio
bathrooms
2 Bath
-
-
-
John Burger
Brown Harris Stevens
20140106 Unit 23D
01/06/2014
23D
5 Bed
5.5 Bath
-
$32,500,000
bedrooms
5 Bed
bathrooms
5.5 Bath
-
-
-
John Burger
Brown Harris Stevens
20140715 Unit 67A
07/15/2014
67A
4 Bed
7 Bath
-
$29,500,000
bedrooms
4 Bed
bathrooms
7 Bath
$29,500,000
07/20/2017
-
Tal Alexander
Douglas Elliman Real Estate
20140403 Unit 1213B
04/03/2014
6 Bed
7.5 Bath
-
$71,277,504
bedrooms
6 Bed
bathrooms
7.5 Bath
$71,277,500 0.00%
08/19/2014
John Burger
Brown Harris Stevens Residential Sales LLC
20131217 Unit C
12/17/2013
C
2 Bed
4 Bath
-
$5,350,000
bedrooms
2 Bed
bathrooms
4 Bath
-
-
-
Judith Lederer
Elliman
20130927 Unit 45D
09/27/2013
45D
5 Bed
5.5 Bath
-
$29,500,000
bedrooms
5 Bed
bathrooms
5.5 Bath
-
-
-
Kyle Blackmon
Compass
20111014 Unit 1213C
10/14/2011
4 Bed
4.5 Bath
-
$24,776,600
bedrooms
4 Bed
bathrooms
4.5 Bath
$24,776,600
02/05/2021
-
Kathleen Sloane
Brown Harris Stevens Residential Sales LLC
20111014 Unit 1213CD
10/14/2011
8 Bed
10 Bath
-
$52,500,000
bedrooms
8 Bed
bathrooms
10 Bath
$52,500,000
02/05/2021
-
Kathleen Sloane
Brown Harris Stevens Residential Sales LLC
20111014 Unit 1213D
10/14/2011
4 Bed
5.5 Bath
-
$27,735,000
bedrooms
4 Bed
bathrooms
5.5 Bath
$27,735,000
02/05/2021
-
Kathleen Sloane
Brown Harris Stevens Residential Sales LLC

Building Info

The 740 Corporation 740 Park Avenue, New York, NY 10021
  • 40 Units
  • 3 Units for Sale
More about this Building
740 Park Avenue
Want to find out who owns 740 Park Avenue, New York, NY 10021? Get detailed property transactions here .

About Upper Manhattan


Similar Homes for Sale

Unit for sale at 760 Madison Avenue, Manhattan, NY 10065

$25,000,000

  • 4 Beds
  • 5 Baths
  • 4,869 ft²
760 Madison Avenue #5, Manhattan, NY 10065 Listing by Madeline Hult Elghanayan
Unit for sale at 927 5th Avenue, Manhattan, NY 10021

$27,400,000

  • 6 Beds
  • 5 Baths
  • 5,740 ft²
927 5th Avenue #9FL, Manhattan, NY 10021 Listing by Louise Beit
Unit for sale at 760 Madison Avenue, Manhattan, NY 10065

$23,500,000

  • 5 Beds
  • 6 Baths
  • 4,530 ft²
760 Madison Avenue #8, Manhattan, NY 10065 Listing by Sabrina Saltiel

Nearby Rentals

Unit for rent at 792 Columbus Ave, NY, 10025

$12,829 /mo

  • 3 Beds
  • 3 Baths
792 Columbus Ave #7OP, NY, 10025 Listing by Alicia Pegus
Unit for rent at 252 West 76th Street, NEW YORK, NY, 10023

$12,300 /mo

  • 3 Beds
  • 3 Baths
  • 1,346 ft²
252 West 76th Street #9BC, NEW YORK, NY, 10023 Listing by Race Ricker
Unit for rent at 30 E 31st St, NY, 10016

$13,995 /mo

  • 2 Beds
  • 2 Baths
  • 1,677 ft²
30 E 31st St #23, NY, 10016 Listing by Matthew Wallace


Quantcast