Note: the above is based on a down payment of 20% ($3,400,000),
which is the minimum amount permitted by the building.
Description
Located on a high floor in what is deemed Rosario Candela’s finest prewar cooperative, this gracious 14-room duplex at 740 Park Avenue has many of the unique details of New York City’s most iconic residential building.
Enter residence 10/11C from its private elevator vestibule into the spacious 34’ gallery with 11’ 6" ceiling height, elegant marble floors and a sweeping semi-circular staircase. The 36’ x 20’ drawing room has a wall of four oversized windows providing natural light that fills the room throughout the day. The hardwood floors are wide-plank oak and a beautiful fireplace with marble mantel flanks the room.
The living room flows into a wood-paneled library that has dramatic views to the South and a charming built-in ’mini’ bar. This room also has the wide-plank oak floors and is flanked by a fireplace with marble mantel like those details of the drawing room. There is a powder room off the gallery.
The formal dining room has beautiful open vistas and lovely decorative molding and chandelier medallion.
A large Chef’s kitchen with an eat-in breakfast area is equipped with a Garland range, Bosch dishwasher, Sub-Zero refrigerator and has a storage room. There is a large butler’s pantry with cabinetry to accommodate multiple serving sets of china, silver and crystal, as well as a bar sink, wine fridge and additional full-sized Sub-Zero. The second staircase leads to the three staff rooms, a laundry room, office, bedroom and bathroom.
The den and its powder room are also located on this floor.The upper level of the residence has four large bedrooms, all with ensuite bathrooms, and a 740 detail of which two primary suites. These suites feature extra-large closets, one has a terrace with more open views and can be accessed through floor-to-ceiling leaded glass doors. The residential elevator accesses this floor through a private vestibule.
If needed, the staff bedroom could easily be combined with a large adjoining closet for a fifth bedroom, nearly as spacious as the others.
Throughout the apartment there are a multitude of storage and closets. A storage unit and wine storage is also available in the basement.
740 Park Avenue is an architectural masterpiece constructed in 1929 by James T. Lee and designed by renowned architect Rosario Candela. The building was converted to a cooperative by John D. Rockefeller Jr.
who resided in the building for many years. 740 is one of New York City’s premier white glove cooperatives with an exceptional full-service staff, fitness center and private storage. This is a truly unique opportunity to own a remarkable residence in one of the most sought-after addresses in the world. There is a 3% transfer fee paid by buyer.
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