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A blog from CityRealty (Links below will take you to the 6sqft site)

740 Park Avenue, #PH1718D

$32,500,000 -5.8% | 3 beds, 3.5 baths

Key Details

  • Listed May 29, 2019
    Last Price Change -5.8% ($2M) on Sep 20
    Days on Market 142
    Building Type Cooperative
  • Monthly Maintenance $20,215
    Doorman FT Doorman

Description

This spectacular penthouse is an elegant eyrie at the apex of 740 Park Avenue, and is arguably one New York's finest residences. A private elevator landing opens onto a magnificent sun-flooded windowed gallery with 12' ceilings and a sweeping staircase. On the east end of this grand and gracious entry way is a handsome library with a wood-burning fireplace, wet bar, and a pair of French doors leading to a south-facing terrace. At the western end of the gallery, and with stunning views of the Manhattan skyline is a large terrace, which is accessed from both the gallery and the enormous living room immediately adjacent.

The elegant and imposing living room features parquet de Versailles floors, a wood burning fireplace, beautiful moldings and architectural details, and over-sized windows highlighting the breath-taking views of Central Park to the west. Adjoining the living room is an impressive and stately formal dining room which enjoys views of Central Park and dramatic city views to the north. A fully-equipped windowed Butler's pantry is next to the dining room, which leads to the state-of-the art windowed eat-in-kitchen.

Top-of- the line appliances include a 6-burner Wolf range, Subzero refrigerator, Miele dishwasher, and two wine refrigerators. There is a large center island with seating, in addition to a separate breakfast area. The rest of the first floor is comprised of a guest room with full bath, home office, powder room, laundry room, coat closet, and back stairs. The second floor is accessed by staircases (both front and back) and by a private elevator landing.

Flowing off the spacious upstairs landing is an enormous terrace which wraps around the entire second floor, and features numerous seating areas to take in the stunning views. Inside a private hallway leads to a luxurious master bedroom suite, with a wood burning fireplace, a beautifully appointed marble bathroom, and ample closet space. Adjoining the master bedroom is a second bedroom/study with an en-suite windowed marble bathroom.

Nearby a staircase leads up to the top floor landscaped roof terrace, which has charming trellised walls, seating nooks, and dazzling views. The apartment is in triple-mint condition and was completely renovated by the architect Oscar Shamamian and world-renowned designer Michael Smith. 740 Park Avenue is a distinguished full-service co-op, with a fitness center and private storage for tenants.

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Apartment Amenities

  • Terrace
  • City View
  • Park View

Estimated Monthly Cost

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
  • Co-op
  • Built in 1930
  • 31 Apartments
  • 19 Floors

Building Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • Hi Rise
  • Pre War
  • Basement Storage
  • Health Club
  • Intercom
  • Washer/Dryer in building
  • Elevator
  • Fireplaces
  • Landmarked
  • Terraces / Balconies
  • Laundry Room

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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
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Subways

  1. 6
at Lexington Ave 0.19 miles
  1. F
at Lexington Ave and 63rd 0.43 miles
About this Building

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Listing provided courtesy of Sothebys Intl Realty
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