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740 Park Avenue, #45B

$48,000,000 | 5 beds, 6+ baths
Building Profile  | 
418 days on Market

Key Details

  • Listed: Sep 14, 2023
    Days on Market: 418
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 2,402 times
Monthly Maintenance: $28,211
Est. Monthly Mortgage: $254,961
Total Est. Monthly Carrying Cost: $283,172
Note: the above is based on a down payment of 20% ($9,600,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Exclusivity and High Value: The apartment is extremely exclusive and expensive, indicating its high value and desirability.
  • Prime Location: This apartment is located in the highly sought-after Park/Fifth Ave. to 79th St. neighborhood, close to subway for easy access to public transportation.
  • Full-Service Building: The building offers full-time doorman and concierge services, a health club, resident storage, laundry room, and terraces/balconies, ensuring a luxurious living experience.
  • Rich History and Prestige: Designed by Rosario Candela, the building has a rich history and is considered one of the most prestigious addresses in the world. It is landmarked, adding to its prestige and historical value.
  • Grand and Luxurious Design: The apartment is in a pre-war, high-rise building with an attended lobby, high ceilings, and fireplaces, adding to its grandeur and luxury. It has a recently renovated, grand floor plan.
  • Cooperative Living: The apartment is part of a cooperative, providing a sense of community and shared ownership. The building also has a fitness center and private storage for residents.

Description

Considered by many to be the grandest floor plan ever created by Rosario Candela, this highly coveted, and rarely available B-line of approximately 8500 square feet has recently undergone a full renovation by Peter Marino.

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Listing courtesy of Corcoran Group

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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