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740 Park Avenue, #PH1718D

Listing no longer available on CityRealty as of Jan 1, 2019
It previously was on the market for a total of 249 days.
2 apartments are currently available in this building.
249 days on Market

Pricing History

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Key Details

  • Listed: Apr 27, 2018
    Days on Market: 249
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 686 times
Monthly Maintenance: $19,215
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $229,026
Note: the above is based on a down payment of 20% ($7,900,000), which is the minimum amount permitted by the building.

Description

740 Park Avenue - Terraced Penthouse With Park Views

This magnificent penthouse occupies the top three floors of the western wing of 740 Park Avenue, and has exceptional views of the Manhattan skyline and Central Park. The building is an architectural masterpiece designed by Rosario Candela in 1929 and converted to a cooperative by John D. Rockefeller Jr., who resided in the building for many years.

The penthouse underwent a two year renovation overseen by architect Oscar Shamamian and world-renowned designer Michael Smith.

A private elevator landing opens into an elegant 28-foot windowed gallery with 12-foot ceilings. The center piece of this sweeping space is the original elliptical staircase and an oversized south window pouring in natural light throughout the day. To the east of the gallery is an inviting custom designed library by Paris Feau with a wood burning fireplace and floor-to-ceiling French doors opening onto a south facing terrace.

At the western end of the gallery is a 200 square foot terrace, which is also accessible from the living room through floor-to-ceiling French doors. This southwest facing terrace has breathtaking views, new stone pavers and original wrought iron railings. Flowing off the gallery is the grand 26' x 22' corner living room with soaring ceilings, beautiful original plaster moldings, Parquet de Versailles floors, and a wood-burning fireplace.

In addition to the floor-to-ceiling French doors to the south, this stunning room has two large picture windows on either side of the fireplace capturing views west of Central Park. Adjacent to the living room, through a doublewide doorway, is the northwest corner formal dining room, which can easily seat 20 guests and it also has sweeping open Park and city views from both exposures. Directly off dining room is a windowed butler's pantry with two dishwashers, ample counter-space and storage.

Adjacent to the pantry is the oversized chef's windowed eat-in kitchen, which has been completely renovated. Top-of-the-line appliances include a 6-burner & griddle Wolf range, Subzero refrigerator & freezer, Miele dishwasher, two 155-bottle wine refrigerators, and a double sink. This sunny space also includes a center island with seating, as well as a separate breakfast area.

The north wing of the first level includes a guest room, full bathroom, and home office all with open city views. Completing this lower level is an oversized powder room, laundry room, and coat closet.

At the top of the elliptical staircase is a 19' x 12' sundrenched upper gallery with another private elevator landing and access to the 700 square foot midlevel wraparound terrace with amazing views.

The private master bedroom wing of the second floor includes a wonderful northwest corner bedroom with breathtaking views, a wood-burning fireplace, and double floor-to-ceiling French doors leading to the western terrace. The master suite includes a windowed marble bathroom with stall shower, soaking tub and vanity. Adjacent to the master bedroom is a second bedroom/study with a walk-in closet and another en-suite windowed marble bathroom.

A staircase leads up to the top floor landscaped roof terrace, which includes teak decking, landmarked approved trellis walls, and ample seating areas.

The apartment features a Creston system, all new air conditioning systems, security system, and every terrace is wired for lighting and has an irrigation system. The apartment has use of a large basement storage area, as well as a completely new wine room that is temperature controlled.

Residents of the exceptional white glove full service cooperative enjoy the highest level of service and security, as well as a fitness center. Financing is not permitted and there is a 3% flip tax paid by purchaser.

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Apartment Amenities

  • Terrace

About 740 Park Avenue

93

740 Park Avenue has received a CityRealty Rating of 93, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

30
Out of 44
+
28
Out of 36
+
25
Out of 39
+
10
=
93
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
Present 1 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
No Consistency 0 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Stunning 5 out of 5 points
Units Per Floor:
2 4 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
Very Attractive 3 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Health Club
  • Intercom
  • Washer/Dryer in building
  • Elevator
  • Laundry Room
  • Fireplaces
  • Landmarked
  • Terraces / Balconies

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Other Apartments Available in this Building (2)

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