740 Park Avenue

Co-op located in Upper East Side, between East 71st Street & East 72nd Street

Description of 740 Park Avenue

Michael Gross' 2005 book “740 Park: The Story of the World's Richest Apartment Building” describes the co-op as a "Tower of Power" and “one of the most lusted-after addresses in the world.” The limestone-clad, pre-war edifice, designed by esteemed architects Rosario Candela and Arthur Loomis Harmon, has attracted residents such as Jacqueline Kennedy Onassis, developer William Zeckendorf, and fashion designer Vera Wang. James T. Lee, the grandfather of Jacqueline Kennedy Onassis, was at the helm of the building that was completed in 1929. It has an exceptional full-service staff, a fitness center, and private storage.

Building Facts

Year Built: 1930

Building Type: Co-op

Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)

Minimum Down Payment: 20%
Total Apartments: 31

Total Floors: 19

Doorman: FT Doorman

Pets: Allowed

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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Apartments for Sale at 740 Park Avenue (2)

Available Apts

$13.9M - $27.5M

Price Range

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740 Park Avenue: Rating

Out of 44

Out of 36

Out of 39

#18 Rated co-op in Manhattan
#9 Rated co-op - Upper East Side
#5 Rated co-op - Park/Fifth Ave. to 79th St.

Carter Horsley's Review of 740 Park Avenue

"The conservatively elegant edifice at 740 Park Avenue on the southwest corner at 71st Street is muted luxury: its polished granite entrance reeks of the prospects of satin sheets and the promise of the echoes of fine crystal.

The 31-unit, 19-story building also has an entrance on the side-street at 71 East 71st Street." Read Carter's Full Review

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

Area Map | StreetView

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Subways

at Lexington Ave 0.19 miles

at Lexington Ave and 63rd 0.43 miles

Sales History

View Full Sales History

Sales Summary - Past 12 Months

View By Apartment Sizes

Past 12 Months

$22,500,000

Avg. Price
Based on 1 Sales

Closing History - Last 10 sales

Units Sold

$18M - $71.3M

Price Range

$2,733

Avg. Price / ft²

View All Closed Transactions

Pricing Comparison of Similar Buildings

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740 Park Avenue in the News

From Great Listings Price Cuts: High-floor Midtown West condos take deep cuts; Museum Tower 4-bed reduced by $1.5M

Thursday, May 26, 2022

From Great Listings NYC Celebrity Moves: Look inside the homes of Norman Lear, Jon Bon Jovi, and Paul McCartney

Wednesday, March 2, 2022

NYC's Top 10 most romantic residential rooflines and homes within them (Feb 14, 2022)
Price Cuts: Trump International condo chopped 41% to $835K; Tower of Power penthouse slashed by $7M (Feb 3, 2022)
NYC homes of Karlie Kloss, Travis Scott, and Keegan-Michael Key among top celebrity sales (Oct 4, 2021)
Top 10 New York City buildings designed by the great Rosario Candela (Sep 22, 2021)
Manhattan Top Sales & Contracts: Mnuchin's Park Avenue co-op is top sale at $22.5M; $616.1M in recorded deals last week (Sep 13, 2021)

Price Cuts include Fifth Avenue penthouse with Central Park vistas and $1.5M discount (Sep 8, 2021)
Top Sales, Contracts, & Flips: Steven Mnuchin's "Tower of Power" pad takes top contract; Central Park Tower condo closes for $15.3M (May 17, 2021)
New York's Top 20 Most Prestigious Co-op Buildings and Glorious Apartments Inside Them (Mar 4, 2021)
Live like a Star: 12 Celebrity apartments up for grabs; Include homes of Tom Brady, Vanessa Carlton, and Don Lemon (Sep 9, 2020)
PRICE CUTS: Steven Mnuchin's Park Avenue pad among 2,268 new listing discounts (Aug 19, 2020)
"Dahling, give me Park Avenue!" The best listings on New York's greatest residential boulevard (Jan 21, 2020)
Stair Masterpieces: Make the most dramatic entrances in NYC (Nov 19, 2019)
Trump Treasury Secretary Steven Mnuchin Chops Park Avenue home by $5M; See Manhattan's 10 most dramatic price cuts (Sep 11, 2019)
Most Popular Buildings and Listings on the Upper East Side (Jan 8, 2019)
New to the Market: 10 Must-See Co-ops with Inspiring Decor (Jun 14, 2018)
One57's Penthouse Buyer Revealed; See the Top 20 Most Expensive NYC Sales Ever (Feb 23, 2018)
740 Park Avenue: A Rich Legacy (Dec 15, 2017)
$25M for Jacqueline Kennedy Onassis's Childhood Home & More of Last Week's Top Closings (Aug 2, 2017)

Top Ten Lists:

Famous Residents

Alternate Addresses

37 East 71st Street
75 East 71st Street

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740 Park Avenue

Co-op located in Upper East Side, between East 71st Street & East 72nd Street

Description of 740 Park Avenue

Building Facts

Building Amenities

Apartments for Sale at 740 Park Avenue (2)

740 Park Avenue: Rating

Architecture Rating: 30 / 44

Location Rating: 28 / 36

Features Rating: 25 / 39

CityRealty Rating Reference

Carter Horsley's Review of 740 Park Avenue

Area Map | StreetView

Subways

Sales History

Sales Summary - Past 12 Months

Closing History - Last 10 sales

Pricing Comparison of Similar Buildings

740 Park Avenue in the News

Top Ten Lists:

Famous Residents

Alternate Addresses

Similar Buildings

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