See Home Value
$22,500,000
Co-op - Off Market

740 Park Avenue #45D

New York, NY 10021
bedrooms
5 Beds
bathrooms
5.5 Baths
square feet
7500 Sqft
$33,844,925
RealtyHop Estimate
50.42%
Since Dec 1, 2017
NY-New York
Primary Model

About This Property

This 16 into 14 room, 5 bedroom, 5.5 bath apartment occupies the 4th and 5th floors of the D-line at 740 Park Avenue.  Replete with 41 windows, triple exposures (north, south and west), three wood-burning fireplaces and 21 closets, this is one of the most sought after lines in the building.  

Upon arriving in the private elevator vestibule, enter into the home?s grand foyer with a sweeping curved staircase and brass balustrade, hidden powder room, and coat closet.

The elegant south facing library features a wood-burning fireplace and stately bookshelves.  To the right of the gallery is a magnificent 37? by 22? living room with south and west exposures, and wood-burning fireplace.  The entertaining space is completed by the handsome 25? by 19? dining room and separate dining alcove.  All entertaining rooms feature the original teak plank flooring in the peg and groove style.

Off of the dining room is the large eat-in Chef?s kitchen with northwest exposure.  There is significant space with a breakfast nook, center island, and pantry.  Beyond the kitchen are two staff rooms and a bath.

Ascending the original marble staircase, the gracious master suite resides to the left of the landing.  A generously sized sitting room with en-suite bathroom leads to the 18?6? by 22? master bedroom, also with en-suite bathroom.  The master suite features a wood-burning fireplace and multiple closets.

Across from the master suite is a west facing bedroom with private bath and closet.  A separate wing accommodates two additional bedrooms, each with en-suite bathrooms and closets.  The picture moldings and wainscoting in the bedrooms are Candela?s original design.  At the end of the hall are three staff rooms and a hall bathroom.  

There is a Flip Tax for 3% of purchase price to be paid by the buyer.

740 Park Avenue was designed by Rosario Candela in 1929 and converted into a cooperative by John D. Rockefeller Jr. who resided there for many years.  Residents enjoy a private health club, central laundry room, private storage and proximity to Central Park, fine dining and the world class shopping of Madison Ave.
Unit Size
7,500Ft²
Days on Market
-
Land Size
-
Price per sqft
$3,000
Property Type
Co-op
Property Taxes
-
HOA Dues
$16,234
Year Built
1930
Last updated: 7 years ago ( #OLRS-560333)

Price History

Date / Event Date Event Price
Mar 5, 2019 Sold to Susan C Frunzi Trustee, The... $20,500,000
Sold to Susan C Frunzi Trustee, The...
Nov 2, 2017 Listed by Compass $22,500,000
Listed by Compass
Sep 27, 2013 Listed by Brown Harris Stevens Residential Sales LLC $29,500,000
Listed by Brown Harris Stevens Residential Sales LLC
This gracious 14 room, 5 bedroom, 5 and a half bathroom apartment occupies the 4th and 5th floor of the D-line at 740 Park Avenue. A private elevator landing opens in a grand gallery with curved staircase, hidden powder room, and coat closet. A beautiful south facing paneled library with a wood-burning fireplace opens directly off of the gallery. Also adjacent to the gallery is a grand 37' by 22' living room with a wood-burning fireplace and southwest exposure. Through the living room is a…

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
7 Baths
7,500 ft²
$2,533/ft²
$19,000,000 Aug 6, 2019
$19,000,000 Aug 5, 2021
$11,377/mo
House
5 Beds
7 Baths
7,500 ft²
$2,533/ft²
$19,000,000 Nov 6, 2020
$19,000,000 Jul 29, 2021
$11,376/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
Condo
4 Beds
6 Baths
6,241 ft²
$4,166/ft²
$26,000,000 Oct 28, 2020
$26,000,000 Mar 22, 2022
$20,915/mo
House
6 Beds
7 Baths
10,080 ft²
$2,143/ft²
$21,600,000 Mar 21, 2017
$21,600,000 Sep 11, 2019
-
Co-op
5 Beds
7 Baths
-
$22,500,000 Aug 18, 2020
$22,500,000 Jul 26, 2021
$19,656/mo
Condo
5 Beds
6 Baths
4,530 ft²
$5,188/ft²
$23,500,000 Oct 3, 2023
-
$18,402/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
Townhouse
6 Beds
9 Baths
7,600 ft²
$2,632/ft²
$20,000,000 Jan 5, 2024
-
$11,791/mo
Townhouse
6 Beds
9 Baths
8,400 ft²
$2,917/ft²
$24,500,000 Jun 4, 2021
-
$17,294/mo
Townhouse
6 Beds
7 Baths
9,000 ft²
$2,756/ft²
$24,800,000 Jan 15, 2023
-
$15,504/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


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