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700 Park Avenue, #8B

$3,900,000 ($1,393 per ft2) -7.1% | 4 beds, 3.5 baths | Approx. 2,800 ft2
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88 days on Market

Key Details

  • Listed: Feb 21, 2024
    Last Price Change: -7.1% ($300,000) on May 2
    Days on Market: 88
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 119 times
Monthly Maintenance: $9,326 ($3.33/ft2)
Est. Monthly Mortgage: $20,946
Total Est. Monthly Carrying Cost: $30,272 ($10.81/ft2)
Note: the above is based on a down payment of 20% ($780,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This luxurious 2,800 sq ft apartment is located on Park Avenue in the Upper East Side neighborhood, offering unobstructed views of the NYC skyline and Park Avenue. It's in close proximity to museums, restaurants, shopping, parks, and other city attractions, including the subway and Central Park.
  • Spacious and Elegant Interior: The apartment features 4 bedrooms, 3.5 bathrooms, high ceilings, oversized windows for ample natural light, a grand entry foyer, a massive living room, a grand dining room, and a kitchen with a butler’s pantry. It also boasts a wood-burning fireplace and new inlaid oak floors.
  • Building Amenities: The building, designed by renowned architects Kahn & Jacobs, Paul Resnick & Harry F. Green, offers a full-time doorman, fitness center, two landscaped, furnished terraces, and an on-site garage with a discount to all shareholders. The lobby has been newly renovated with a contemporary design.
  • Pet-Friendly and Cooperative: This pet-friendly building operates as a cooperative, allowing for shared ownership and decision-making. Each apartment comes with a storage unit.
  • Outdoor Features: Some apartments in the building have terraces, and the building's curb appeal is enhanced by sidewalk landscaping.
  • Comfort and Convenience: The apartment is equipped with central air conditioning and ample closet space for comfort and convenience.

Description

8B at 700 Park Avenue:

From the moment you enter this meticulous, luxe designer-led apartment, in the most sought after "B" line, you’ll revel in the gracious flow, high ceilings, over-sized windows and generously proportioned rooms which radiate from the grand entry foyer. Apartment 8B is perfect for large parties and intimate gatherings - each room an elegant, traditional style, easily adapted to a modern sensibility. All rooms bright and sun flooded facing south & east with unobstructed views of NYC skyline & Park Avenue!

All rooms radiate from the stunning entry foyer - massive living room, grand dining room, kitchen with butler’s pantry plus 4 spacious bedrooms, 3.5 baths, wood burning fireplace, new inlaid oak floors, 9’ ceilings, central air and closets galore in the heart of prime UES neighborhood at 69th Street and Park Avenue offering a plethora of museums, restaurants, shopping, parks and all the city has to offer.

- All rooms face South & East - with direct views of City Skyline, Park Avenue, the Asia Society and Park Avenue Armory.
- 9’ Ceilings & New Inlaid French Parquet Floors in Dining and Living room.
- Spacious 27’ living room with lux wall treatments with wood burning fireplace and exceptional views of Park Avenue.
- Adjoining 18’ library with built in bookcases and lux wall treatments - can be opened create a larger living room.
- Adjacent closet with wine fridge (originally a 4th bathroom which could be reinstalled).
- Formal 22’ dining room easily fits table for 12 with dramatic overhead lighting.
- Windowed eat-in kitchen with new cabinets, sub-zero, electric cook top & wall oven, dishwasher, 13.6’ butler’s pantry for serving and additional storage; full-sized washer & dryer.
- Primary king-sized bedroom with dual exposures, custom built wardrobe, ensuite dressing area, additional closets, large bathroom with bathtub, sink and separate mirrored vanity area.
- 19’ guest room with southern views, can be used as a den, office or extra bedroom, adjacent bathroom with bathtub, steam shower and radiant heated floors.
- Large bedroom adjacent to kitchen is wonderful for a home office or 4th Bedroom with full ensuite bath.
- Storage unit transfers with apartment.

Built in 1961 as a cooperative by Tishman Realty and Construction Company, 700 Park Avenue was designed by architects Kahn & Jacobs, Paul Resnick & Harry F. Green. It is a Full-Service, white-glove and pet-friendly building featuring a newly renovated contemporary lobby and 24-hour door staff as well as a garage on-site with a discount to all shareholders (waitlist), live-in resident manager, fitness center and 2 landscaped, furnished terraces for residents. Building has 48 units on 21 floors. 40% financing permitted and 2% flip tax payable by the purchaser..

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Listing courtesy of Corcoran Group

Pricing History

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About 700 Park Avenue

81

700 Park Avenue has received a CityRealty Rating of 81, 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

26
Out of 44
+
29
Out of 36
+
17
Out of 39
+
9
=
81
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 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 10 blocks 5 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:
Many 2 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 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:
Some Noise 0 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:
3-4 3 out of 5 points
Ceiling:
8-9 Feet 1 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:
Yes 1 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:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • FT Doorman
  • High-Rise
  • Post War
  • Central AC
  • Full Service Garage
  • Garden
  • Elevator

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Pros
  • Wood-burning fireplaces
  • Large apartments
  • Sidewalk landscaping
  • Doorman
  • Very attractive post-war building
  • Prime Park Avenue location
  • Not far from subway
  • Across the avenue from the Union Club
  • Near Central Park
  • Pet friendly
  • Storage
  • Some terraces
  • Garage
Cons
  • No roof deck
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Subways

  1. 6
at Lexington Ave 0.13 miles
  1. F
at Lexington Ave and 63rd 0.34 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
at 3rd Ave and 60th 0.48 miles

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