Michael Gross' 2005 book “740 Park: The Story of the World's Richest Apartment Building” describes the co-op as a "Tower of Power" and “one of the most lusted-after addresses in the world.” The limestone-clad, pre-war edifice, designed by esteemed architects Rosario Candela and Arthur Loomis Harmon, has attracted residents such as Jacqueline Kennedy Onassis, developer William Zeckendorf, and fashion designer Vera Wang. James T. Lee, the grandfather of Jacqueline Kennedy Onassis, was at the helm of the building that was completed in 1929. It has an exceptional full-service staff, a fitness center, and private storage.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
|
Year
Avg Price / Room (Est)
Avg. Actual Price
Med. Actual Price
Transactions
2025
$3,750,000
$45,000,000
1
2024
-
-
0
2023
$2,676,190
$22,500,000
2
2022
$1,041,667
$12,500,000
1
2021
$1,875,000
$22,500,000
1
2020
-
-
0
2019
$2,296,066
$25,000,000
2
2018
-
-
0
2017
$2,295,455
$25,250,000
1
2016
$1,894,737
$18,000,000
1
2015
-
-
0
2014
$5,482,885
$71,277,500
1
|
Year
Avg Price / Room (Est)
Avg. Actual Price
Med. Actual Price
Transactions
2013
-
-
0
2012
$3,032,389
$35,875,000
2
2011
$2,571,429
$27,000,000
1
2010
-
-
0
2009
-
-
0
2008
$3,047,619
$32,000,000
1
2007
-
$23,100,000
1
2006
$3,928,571
$27,500,000
1
2005
$2,010,526
$19,100,000
1
2004
$1,882,784
$21,500,000
2
2003
-
-
0
|
Notable past and present residents at 740 Park Avenue
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