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740 Park Avenue, #23D

$24,000,000 | 5 beds, 6+ baths
Building Profile  | 
2 days on Market

Key Details

  • Listed: Nov 12, 2024
    Days on Market: 2
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $15,115
Est. Monthly Mortgage: $126,708
Total Est. Monthly Carrying Cost: $141,823
Note: the above is based on a down payment of 20% ($4,800,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Private Elevator Landing: Residents enjoy exclusive access to a private elevator landing, leading to a stunning gallery with marble floors and a sensuously curving staircase.
  • Elegant Entertaining Spaces: The formal living and dining rooms, along with a stately library, provide luxurious settings for both grand entertaining and intimate gatherings.
  • Gourmet Chef's Kitchen: The windowed chef’s kitchen is equipped with high-end stainless steel appliances, dual gas ranges, and ample storage, perfect for culinary enthusiasts.
  • Luxurious Primary Suite: The primary suite boasts abundant southern light, a walk-in dressing room, and a lavish en-suite bathroom, ensuring a serene retreat.
  • Impeccable Full-Service Amenities: Residents benefit from a full-time doorman, concierge services, a state-of-the-art fitness center, and dedicated storage units, enhancing the living experience.
  • Regal Duplex Design: This magnificent 5-bedroom, 6.5-bathroom duplex features grand proportions and exquisite pre-war architecture, ideal for sophisticated living.

Description

Designed in 1929 by the renowned architects Rosario Candela and Arthur Loomis Harmon, 740 Park Avenue is a landmarked co-op that has long been one of Manhattan’s most coveted residential addresses. Grand proportions and enduring elegance suffuse interiors, where mansion-like residences boast exquisite pre-war architecture and embody sophisticated, functional design.

This regal 5-bedroom, 6.5-bathroom duplex sits between Park and Madison Avenues, two blocks from Central Park. Refined original details blend with classic Lenox Hill aesthetics, creating alluring rooms with distinctive period features.

Residents arrive on a private elevator landing leading to a remarkable gallery with marble floors, a built-in wall mirror, a powder room, and a sensuously curving staircase.

Double doors reveal formal living and dining rooms and a stately library with wood-paneled walls, built-in shelves, and a wood-burning fireplace with an ornate mantel. All three spaces are ideal for grand entertaining and intimate gatherings.

The living room spans over 35 feet long and has a fireplace, four oversized sash windows, intricate crown molding, and original Versailles hardwood floors. The dining room can easily accommodate a table for 10 and flows into a fully equipped butler’s kitchen.

The windowed chef’s kitchen is outfitted for home cooks and professional caterers alike.

It boasts a huge worktable, stainless steel countertops, ample storage, and high-end stainless steel appliances, including two oversized refrigerators and dual gas ranges. The windowed breakfast room just behind the kitchen has an auxiliary staircase. A staff suite and windowed laundry room with a utility sink and washer and dryer complete the lower level.

All five bedrooms and additional staff quarters sit on the upper level.

The primary suite receives vibrant southern light and boasts a wall of reach-in closets, a huge walk-in dressing room, and a windowed en-suite. Three of the secondary bedrooms have private en-suites, and all have abundant closet space. The staff quarters include two bedrooms, a windowed bathroom, and a kitchenette.

Residents of 740 Park Avenue benefit from impeccable service provided by full-time door attendants, porters, and a resident manager.

The building’s iconic limestone fa ade is matched by an elegantly appointed lobby, and amenities include a state-of-the-art private fitness center and dedicated storage units. Pets are warmly welcomed.

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Apartment Amenities

  • Terrace
Listing courtesy of Serhant

Pricing History

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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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Pros
  • Grand apartments
  • Sidewalk landscaping
  • Storage
  • Health club
  • Doorman
  • Concierge
  • High ceilings
  • Fireplaces
  • Doorman
  • Prime location
  • Extremely exclusive and expensive
  • Close to Subway
Cons
  • No garage
  • No roof deck
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Subways

  1. 6
at Lexington Ave 0.19 miles
  1. F
at Lexington Ave and 63rd 0.43 miles

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