$40,000,000
Updated 5 years ago
Off Market

740 Park Ave, 4/5A

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

11 Rooms5 Beds6.5 BathsCo-op

$40,000,000
Maintenance$16,780

Listing Features

  • BuiltIns
  • Combined Apartment
  • Corner Apartment
  • Dressing Area
  • Duplex
  • Entry Foyer
  • High Ceilings [10']
  • Home Office
  • Media Room
  • Private Elevator
  • Recessed Lighting
  • Storage Closet
  • Wet Bar
  • Oversized Windows
  • Adjoining Pantry
  • Center Island
  • Dishwasher
  • Eat-in Kitchen
  • Wine Cooler
  • En Suite Bathroom
  • Marble Bathroom
  • Powder Room

Building Amenities

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

Policies

  • Pets Allowed

Property Description for 740 Park Ave, 4/5A

Iconic 740 Park Avenue Duplex Home 740 Park Avenue, designed by renowned architect Rosario Candela, is one of Manhattan’s most prestigious residential landmarks. Residence 4/5A is the quintessential Park Avenue home, beautifully renovated to the highest of standards. This grand and elegant duplex seamlessly incorporates today’s custom modern finishes and conveniences with the traditional architectural elements of 1930. A sweeping staircase welcomes you as you enter from a private elevator-landing and you are immediately faced with a grand entry foyer with 10’ ceilings, opening into all of the main entertaining rooms. This floor includes a perfectly placed powder room and guest coat closet, a magnificent 36’ living room of grand scale facing Park Avenue with 4 over-sized windows, a handsome custom wood-paneled library with a wet bar, and a dining room of tremendous proportions; all of which enjoy wood-burning fireplaces. The state of the art eat-in-kitchen includes an enormous island with seating, double sinks, dishwashers, a subzero refrigerator/freezers, a wine refrigerator, a 6 burner stove with a vented hood, a Gaggenau double wall oven, and a separate breakfast area. Back stairs, generous storage, a pantry, and an oversized staff/guest room with an en-suite bathroom complete this floor. The upper level, accessible by both front and back staircases, and a private elevator landing of its own, opens to a sitting area with an ample family coat/storage closet and houses an expansive master suite with a wood-burning fireplace, opens Park Avenue views, and is replete with two marble bathrooms, two dressing rooms, a den, and office. Additionally, there are three large bedrooms, all with ensuite baths, a media room, and a proper laundry room with a sink and vented dryer. Central AC and electronic shades throughout. This rarely available, classic Park Avenue residence is offered in immaculate condition and awaiting the discerning buyer. This artful renovation was masterfully executed by Ferguson & Shamamian. 740 Park Avenue is a distinguished full-service co-op, with a fitness center and private storage for shareholders. No financing permitted and a 3% flip tax paid by the purchaser.

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 Agents

Contact Agents

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: 1929538