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The Cononado, 940 Park Avenue, #PHA

$7,450,000 -6.3% | 5 beds, 4 baths
View Full Building Profile  | 
160 days on Market

Key Details

  • Listed: Nov 27, 2023
    Last Price Change: -0.6% ($45,000) on Mar 21
    Days on Market: 160
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 124 times
Monthly Maintenance: $10,124
Est. Monthly Mortgage: $41,225
Total Est. Monthly Carrying Cost: $51,349
Note: the above is based on a down payment of 20% ($1,490,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This spacious duplex is located in the prestigious Carnegie Hill neighborhood, within the Park Avenue Historic District. It's near Central Park, Museum Mile, Madison Avenue shopping, and is surrounded by art galleries, boutiques, and the Metropolitan Museum of Art.
  • Stunning Design: The duplex features an elegant entryway and living room with a wood burning fireplace, large arch-shaped windows providing natural light and skyline views, and an expansive 775 square feet wrap-around terrace with open views of Manhattan.
  • Spacious and Luxurious: With 5 bedrooms and 4 full bathrooms, this duplex offers plenty of space. The primary suite boasts multiple closets, a large en-suite bathroom, and a separate dressing room.
  • Modern Amenities: The recently renovated eat-in kitchen is equipped with two large islands and top-of-the-line appliances. The duplex also includes an in-unit washer and dryer, central A/C downstairs, and split units upstairs.
  • Exclusive Building: This full service cooperative offers a full time doorman and storage. With only two apartments per floor in the building, residents enjoy a sense of exclusivity.
  • Pet-Friendly and Convenient: Pets are allowed in this conveniently located property. It offers good cross-town bus service nearby and is close to the subway.

Description

Welcome to the PH at 940 Park Avenue, a dignified duplex with up to 5 bedrooms and 4 full bathrooms spanning a generous 3,160 square feet. Marvel at the expansive wrap-around terrace, a stunning 775 square feet of outdoor bliss offering open views that capture the essence of Manhattan living. Step into an elegant entryway that sets the tone for the entire residence. The living room exudes warmth with a wood burning fireplace and showcases architectural beauty through huge arch-shaped windows.

The interiors are bathed in natural light from all four exposures, also providing skyline views. The eat-in kitchen was recently renovated to perfection. A grand table, accommodating 8, sets the stage for memorable gatherings. Culinary enthusiasts will appreciate the two large islands and top-of-the-line appliances, including a Miele dishwasher, 6-burner gas stove, professional salamander, and a Sub-Zero refrigerator. The primary suite is privately located on the second floor of the duplex and is spacious with multiple closets, a large en-suite bathroom, and a separate dressing room.

This level provides access to the terrace from the second living area. Convenience is key with an in-unit washer and dryer, central A/C downstairs, and split units upstairs. 940 Park Avenue is a full service cooperative. The penthouse resides on floors 15 & 16. The building offers a full time doorman and storage that trades with each apartment.

50% financing is required and there is a 2% flip tax. Pets are allowed. Sorry no pieds-a-terre. Some photos are virtually staged. While the kitchen was renovated the rest of the home still needs remodeling.

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Apartment Amenities

  • Wood Burning Fireplace
Listing courtesy of Sothebys International Realty

Pricing History

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About The Cononado, 940 Park Avenue

82

The Cononado, 940 Park Avenue has received a CityRealty Rating of 82, 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

28
Out of 44
+
26
Out of 36
+
18
Out of 39
+
10
=
82
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 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:
Yes and Good 2 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:
Distinctive 2 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
No Consistency 0 out of 1 points
Landmark:
No 0 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:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 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:
More than 6 Short Blocks 0 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:
Quite Stylish 3 out of 5 points
Units Per Floor:
2 4 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Very Attractive 3 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 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:
None 0 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:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • FT Doorman
  • High-Rise
  • Pre War

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Pros
  • Absolutely charming balconies
  • Very handsome canopied entrance
  • Only two apartments per floor
  • Very attractive- pre-war building
  • Consistent- new fenestration
  • Doorman
  • Large apartments
  • Convenient to many art galleries and boutiques
  • Convenient to the Metropolitan Museum of Art
  • Good cross-town bus service nearby
  • Close to Subway
Cons
  • No garage
  • No sundeck
  • Protruding air-conditioners
  • No health club
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Subways

  1. 6
at Lexington Ave 0.25 miles
  1. 4
  2. 5
at Lexington Ave 0.27 miles