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Map
$25,000,000
↓ $3.5M (12.3%)
●
Co-op -
Off Market
740 PARK AVE #23D
Manhattan, NY 10021
5 Beds
5.5 Baths
$132,882
Estimated Monthly
0.71%
Cap Rate
About This Property
Located in one of Park Avenue's most distinctive prewar
cooperatives, this magnificent corner 16-room duplex apartment is
certain to impress. The classic and sophisticated residence
has been carefully constructed and masterfully renovated
throughout, by internationally-acclaimed Architect, Alan
Wanzenberg, incorporating the finest finishes and appointments.
Resplendent with outstanding natural light, the apartment
features a graceful layout with grand-scale rooms, pristine
hardwood flooring, soaring ceilings and classic moldings. A
private elevator vestibule opens to a 25-foot gallery which lead
to the public rooms of home. The corner 37-foot living
room has large South-facing windows framing picturesque cityscape
views, a woodburning fireplace and museum grade gallery lighting.
A set of French doors leads to a charming planted
terrace. An adjacent library has custom woodworking and a
woodburning fireplace with marble mantel. The 25-foot formal
dining room has three double-hung windows facing West and a
conservatory. The Northern wing of the home includes a
24-foot Chef's kitchen has ample room for dining and has been
outfitted with custom cabinetry, and top-of-the-line appliances
from Viking and Sub-Zero and an adjacent area for wine storage.
There are four staff rooms and two full baths situated within this
wing of the home. A graceful staircase leads to the
upper level and the private chambers. The sprawling corner
master suite has a fireplace, a luxuriously-appointed master bath,
with double-sinks, custom vanity, separate shower and soaking tub.
There is a 25-foot dressing room with custom millwork and
ample closets as well as an adjacent study. Three generous
bedrooms, each with a full bath en suite, may be found on this
level, along with a family room and a separate laundry room and
storage area. Built by Rosario Candela in 1929, this
architectural masterpiece was ultimately converted to a cooperative
by John D. Rockefeller Jr. who resided in the building for many
years. This white-glove prewar building offers residents the
highest level of service and privacy.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$10,127
Year Built
1930
Last updated: 5 months ago ( #RPLU-21911206163)
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 | |||
|
|||
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…
|
|||
Jul 28, 2016 | Sold to Jeffrey Leeds, Elizabeth Ma... | $18,000,000 | |
Sold to Jeffrey Leeds, Elizabeth Ma... |
Show More
Property Highlights
Doorman
Elevator
Interior Details
Room Information
Rooms: 16
Exterior Details
Property Information
Property Condition: Excellent
PropertySubType: Apartment
Building Information
Building Name: 740 CORP
Stories (Total): 19
Financial Details
Flip Tax Remarks: PURCHASER PAYS 3% of purchase price
Tax Deduction Percent: 38
Location Details
Association Fee: $10,127
Community Features: Health Club
Pets Allowed: Unit Yes, Building Yes
Other Details
Coexclusive: No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
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
6.5
Baths
-
$21,500,000
Apr 26, 2007
-
Feb 5, 2021
$8,066/mo
Sold
Co-op
5
Beds
7
Baths
-
$23,662,400
Aug 23, 2013
$23,662,400
Mar 26, 2014
$9,532/mo
Sold
Co-op
5
Beds
7
Baths
-
$22,500,000
Aug 18, 2020
$22,500,000
Jul 26, 2021
$19,656/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/09/2022
|
4 Bed
|
6 Bath
|
-
|
$26,000,000
4 Bed
6 Bath
|
$17,000,000
-34.62%
10/12/2023
|
-
|
Francine Crocker
Corcoran Group
|
|
08/18/2020
|
5 Bed
|
7 Bath
|
-
|
$25,750,000
5 Bed
7 Bath
|
$22,500,000
-12.62%
07/22/2021
|
Carol Terner Lederman
Coldwell Banker Warburg
|
||
07/08/2020
|
5 Bed
|
7 Bath
|
-
|
$19,500,000
5 Bed
7 Bath
|
$13,900,000
-28.72%
02/06/2023
|
-
|
Kathleen Sloane
BROWN HARRIS STEVENS HV LLC HD
|
|
11/02/2017
|
5 Bed
|
5.5 Bath
|
7500 ft²
|
-
5 Bed
5.5 Bath
7500 ft²
|
-
-
|
-
|
-
|
|
07/30/2017
|
|
5 Bed
|
6 Bath
|
7500 ft²
|
-
5 Bed
6 Bath
7500 ft²
|
-
-
|
-
|
-
|
01/20/2017
|
Studio
|
1 Bath
|
2330 ft²
|
$4,750,000
Studio
1 Bath
2330 ft²
|
$3,950,000
-16.84%
05/04/2018
|
-
|
Paul Wexler
Corcoran Group
|
|
11/16/2016
|
Studio
|
2 Bath
|
1500 ft²
|
$2,300,000
Studio
2 Bath
1500 ft²
|
-
-
|
-
|
-
|
|
03/01/2016
|
2 Bed
|
4 Bath
|
-
|
$3,995,000
2 Bed
4 Bath
|
-
-
|
-
|
Sabrina Saltiel
Prudential Douglas Elliman Real Estate
|
|
11/12/2015
|
4 Bed
|
4 Bath
|
-
|
$22,500,000
4 Bed
4 Bath
|
$18,000,000
-20.00%
07/28/2016
|
Paul Albano
Corcoran Group
|
||
06/15/2015
|
Studio
|
2 Bath
|
-
|
$4,200,000
Studio
2 Bath
|
-
-
|
-
|
John Burger
Brown Harris Stevens
|
|
01/06/2014
|
5 Bed
|
5.5 Bath
|
-
|
$32,500,000
5 Bed
5.5 Bath
|
-
-
|
-
|
John Burger
Brown Harris Stevens
|
|
07/15/2014
|
4 Bed
|
7 Bath
|
-
|
$29,500,000
4 Bed
7 Bath
|
$29,500,000
07/20/2017
|
-
|
Tal Alexander
Douglas Elliman Real Estate
|
|
04/03/2014
|
6 Bed
|
7.5 Bath
|
-
|
$71,277,504
6 Bed
7.5 Bath
|
$71,277,500
0.00%
08/19/2014
|
John Burger
Brown Harris Stevens Residential Sales LLC
|
||
12/17/2013
|
2 Bed
|
4 Bath
|
-
|
$5,350,000
2 Bed
4 Bath
|
-
-
|
-
|
Judith Lederer
Elliman
|
|
09/27/2013
|
5 Bed
|
5.5 Bath
|
-
|
$29,500,000
5 Bed
5.5 Bath
|
-
-
|
-
|
Kyle Blackmon
Compass
|
|
10/14/2011
|
4 Bed
|
4.5 Bath
|
-
|
$24,776,600
4 Bed
4.5 Bath
|
$24,776,600
02/05/2021
|
-
|
Kathleen Sloane
Brown Harris Stevens Residential Sales LLC
|
|
10/14/2011
|
8 Bed
|
10 Bath
|
-
|
$52,500,000
8 Bed
10 Bath
|
$52,500,000
02/05/2021
|
-
|
Kathleen Sloane
Brown Harris Stevens Residential Sales LLC
|
|
10/14/2011
|
4 Bed
|
5.5 Bath
|
-
|
$27,735,000
4 Bed
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