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740 Park Avenue, #89A

Listing no longer available on CityRealty as of Mar 15, 2020
It previously was on the market for a total of 549 days.
Last Sold on Jul 22, 2021 for $22,500,000
5 beds, 6+ baths
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  • Buyers
  • Lacey A. Tisch 2004 Trust -2020
  • Sellers
  • Steven T. Mnuchin Revocable Trust
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3 apartments are currently available in this building.
549 days on Market

Pricing History

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Key Details

  • Listed: Sep 13, 2018
    Last Price Change: -6.8% ($2M) on Sep 4
    Days on Market: 549
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 706 times
Monthly Maintenance: $18,828
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $170,402
Note: the above is based on a down payment of 20% ($5,500,000), which is the minimum amount permitted by the building.

Description

Located in one of Rosario Candela’s finest Park Avenue cooperatives, this spectacular duplex apartment is situated in what is arguably the most prestigious residential address in New York City. The grand-scale home features meticulous renovations which blend its traditional pre-war style with all the luxuries you need for modern living and entertaining. Enter the home through a private elevator landing which opens to a stunning gallery with 11-foot ceilings, beautiful marble floors, and a sweeping curved staircase with original banister.

The first floor is comprised of a suite of entertaining rooms, all of which feature wood-burning fireplaces with marble mantels, including an enormous 800-square-foot living room with four oversized windows across 34 linear feet of Park Avenue frontage, a wood-paneled library with wet bar and three additional Park Avenue-facing windows, as well as a magnificent formal dining room. There is also a large powder room for guests. The first floor is also endowed with a substantial windowed kitchen equipped with a center island, storage pantry, and a large breakfast room. Top-of-the-line appliances include two Sub-Zero refrigerators, two Miele dishwashers, a large Viking stove, and a wine refrigerator.

A maid’s room, laundry room, and full bathroom complete this level. The top floor of the home consists of a sprawling master suite, three additional bedrooms all with en-suite bathrooms, and a large den/media room. The well-appointed master suite enjoys walk-in closets galore, a wood-burning fireplace, study, dressing room, and a pair of full en-suite marble bathrooms.

Interior upgrades include beautiful hardwood floors, restored crown moldings, state-of-the-art lighting, central air, and sound systems. 740 Park Avenue is an Art Deco architectural masterpiece constructed in 1929 by James T. Lee, the grandfather of Jacqueline Kennedy Onassis, and designed by renowned architect Rosario Candela with Arthur Loomis Harmon. The building is one of New York City’s premier white glove cooperatives with an exceptional full-service staff, fitness center, and private storage.

This is a truly unique opportunity to own a remarkable residence in one of the most sought-after addresses in the world. There is a 3% transfer fee paid by buyer. *Bedrooms are virtually staged.

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Apartment Amenities

  • Wood Burning Fireplace

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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Other Apartments Available in this Building (3)

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