$22,500,000
Updated 9 years ago
Off Market

740 Park Ave, 4/5D

Upper East Side, Manhattan | East 71st Street & East 72nd Street

14 Rooms5 Beds5.5 Baths7,500 Square FeetCo-op

$22,500,000
Maintenance$16,234
Price Per SF
$3,000

Listing Features

  • Abundant Closets
  • BuiltIns
  • Combined Apartment
  • Corner Apartment
  • Crown Moldings
  • Duplex
  • Full Floor
  • Galley Kitchen
  • High Ceilings [10']
  • Library / Den
  • Moldings
  • Original Details
  • Private Elevator
  • Wainscoting
  • Washer / Dryer
  • WBFP
  • Adjoining Pantry
  • Center Island
  • Dishwasher
  • Eat-in Kitchen
  • Gourmet Kitchen
  • Windowed Kitchen
  • En Suite Bathroom
  • Powder Room

Outdoor space and views

  • North Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Full-Time Doorman
  • Elevator
  • Fitness Facility
  • Laundry Room
  • Storage

Policies

  • Pets Allowed

Property Description for 740 Park Ave, 4/5D

This 16 into 14 room, 5 bedroom, 5.5 bath apartment occupies the 4th and 5th floors of the D-line at 740 Park Avenue. Replete with 41 windows, triple exposures (north, south and west), three wood-burning fireplaces and 21 closets, this is one of the most sought after lines in the building.

Upon arriving in the private elevator vestibule, enter into the home’s grand foyer with a sweeping curved staircase and brass balustrade, hidden powder room, and coat closet. The elegant south facing library features a wood-burning fireplace and stately bookshelves. To the right of the gallery is a magnificent 37’ by 22’ living room with south and west exposures, and wood-burning fireplace. The entertaining space is completed by the handsome 25’ by 19’ dining room and separate dining alcove. All entertaining rooms feature the original teak plank flooring in the peg and groove style.

Off of the dining room is the large eat-in Chef’s kitchen with northwest exposure. There is significant space with a breakfast nook, center island, and pantry. Beyond the kitchen are two staff rooms and a bath.

Ascending the original marble staircase, the gracious master suite resides to the left of the landing. A generously sized sitting room with en-suite bathroom leads to the 18’6” by 22’ master bedroom, also with en-suite bathroom. The master suite features a wood-burning fireplace and multiple closets.

Across from the master suite is a west facing bedroom with private bath and closet. A separate wing accommodates two additional bedrooms, each with en-suite bathrooms and closets. The picture moldings and wainscoting in the bedrooms are Candela’s original design. At the end of the hall are three staff rooms and a hall bathroom.

There is a Flip Tax for 3% of purchase price to be paid by the buyer.

740 Park Avenue was designed by Rosario Candela in 1929 and converted into a cooperative by John D. Rockefeller Jr. who resided there for many years. Residents enjoy a private health club, central laundry room, private storage and proximity to Central Park, fine dining and the world class shopping of Madison Ave.

Listing History for 740 Park Ave, 4/5D

Now
02/01/2018
POM by Kyle Blackmon
Compass
2018

Building Details for 740 Park Ave

OwnershipCo-op
Building TypeMid-Rise
Service LevelFull-Time Doorman
AgePre-War
AccessElevator
Year Built1930
Floors/Apts19/29
Learn More About the Building

Transit and Citi Bike

Subway

68 St-Hunter College
0.17 miles
77 St
0.32 miles
72 St
0.34 miles
Lexington Av/63 St
0.42 miles

Citi Bike

E 72 St & Park Ave
0.04 miles
E 70 St & Madison Ave
0.11 miles

Contact Agent

Contact Agent

Upper East Side | Manhattan

Quick Profile

Exuding a cosmopolitan, refined air that is reminiscent of Paris or other European cities, the Upper East Side (the UES, to local cognoscenti) has a reputation as being a bastion of wealth and privilege. Even though it was built by American “royalty” families like the Vanderbilts, Roosevelts, Kennedys, Carnegies and Rockefellers, whose elaborate mansions once anchored Fifth Avenue, there are affordable housing options throughout the neighborhood. The further east you move, away from Central Park and the more commercial avenues, the more likely you are to find quiet, tree-lined streets with historic townhouses and brownstones. Keep your eye out for reasonably priced apartments in pre-war low-rise and even a few high-rise buildings.

With abundant, beautifully landscaped green spaces, including the oasis of Central Park acting like a backyard, the area is quiet and lushly green. You can relax and unwind in John Jay Park, Carl Schurz Park or take a stroll along the East River Promenade. The whole neighborhood seems isolated from the workaday chaos of the city at large. Add to that the history of the neighborhood and the abundance of cultural institutions, and you have a uniquely welcoming neighborhood.

Known for its abundance of high-end retail shopping, especially on Madison Avenue, the Upper East Side is host to the Barneys New York flagship department store. Here you can find upscale goods, fashion and home decor items. You will also find the edgy runway-inspired Alexander McQueen collections. If you are dying to treat your feet to red-soled opulence, be sure to visit the Christian Louboutin boutique. These are only a small sampling of this high-end shopper’s paradise that features everything from designer boutiques that offer the ultimate in haute couture to resale shops where you can find last season’s best on sale at hefty discounts .

There are many unique dining experiences, from fine dining to the casual bite-on-the-go, awaiting you in the UES. Sushi is going through a renaissance in the city, and the best omakase-style sushi can be found at Sasabune on E 73rd Street. Omakase sushi means that you leave the choice of ingredients, preparation method and presentation to the chef. Elegant French cuisine can be experienced at JoJo, E 64th Street, housed in gorgeous townhouse. Just for fun, visit the Lexington Candy Shop on Lexington Avenue, to get a taste of an old-fashioned soda fountain.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 560333