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720 Park Avenue, #PH13A

$15,000,000 -16.7% | 3 beds, 4.5 baths
13 days on Market

Key Details

  • Listed: Apr 5, 2024
    Last Price Change: -16.7% ($3M) on Apr 12
    Days on Market: 13
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 555 times
Monthly Maintenance: $26,223
Est. Monthly Mortgage: $82,024
Total Est. Monthly Carrying Cost: $108,247
Note: the above is based on a down payment of 20% ($3,000,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This prestigious property is located on sought-after Park Avenue, in close proximity to the subway, and offers a private 700 sq. ft. terrace with breathtaking Manhattan skyline views.
  • Architectural Excellence: The apartment is designed by renowned architects Rosario Candela and Cross & Cross, housed in a historic, landmarked building with grand layouts, high ceilings, and terraces/balconies for upper-floor apartments.
  • Luxurious Interiors: The property boasts large, light-filled rooms with 31 oversized picture windows, four wood-burning fireplaces, and a renovated oversized chef’s eat-in kitchen with views of Central Park.
  • Spacious Bedrooms: The apartment features a large primary bedroom suite with a marble bathroom, dressing room, and walk-in closet, along with two additional bedrooms, each with their own en-suite baths.
  • Building Amenities: Residents have access to a state-of-the-art fitness center and squash court, laundry facilities, and the convenience of full-time doorman and concierge services.
  • Private Access: The apartment offers an exclusive touch with a private elevator landing, ensuring privacy and convenience for the residents.

Description

Candela Perfection - with a 700 Sq. Ft. Terrace

Ideally situated on a high floor of one of Rosario Candela’s most prestigious and sought-after white-glove pre-war cooperatives at the corner of Park Avenue and 70th Street, this exceptional 11 room residence occupies the front south corner of the building, and enjoys a magnificent 700 Sq Ft.

terrace with wonderful Manhattan Skyline views . The home has the feel of a penthouse, as it is the first point at which this magnificent building sets back to create large private outdoor terraces for the residents of the coveted upper floors. Light streams in throughout the day through 31 oversized picture windows spanning all four exposures.

A private elevator landing opens into a gracious 24 ft gallery, which leads to an impressive and grand 70 ft expanse of entertainment space.

The enormous living room, formal dining room and library all overlook the wonderful large terrace and Park Avenue. The current renovation was impeccably executed by the design team of Aman Meeks, and has been featured in the firm’s coffee table book. Great effort was taken to preserve the grandeur and elegance introduced by the original resident, Jesse Isidor Strauss, the philanthropist, bibliophile and founder of Macy’s.

There are four wood-burning fireplaces, soaring ceilings, and beautiful original detailing.

The renovated oversized chef’s eat-it-kitchen and breakfast room are located in the western wing of the home , and capture distant views of Central Park. A large and private staff wing with bedroom, sitting room, bathroom and laundry area is located on the level immediately below the kitchen.

The private and sundrenched south wing of the home features has one of the largest primary bedroom suites on Park Avenue. The suite has annexed the adjacent bedroom to create an enormous marble bathroom, a huge dressing room, and a walk-in closet.

Two additional bedrooms with en-suite baths complete this wing of the home.

Residents of the elegant building enjoy the highest level of privacy, security and service. There is a state-of-the-art fitness center as well as a squash court. A 3% building flip tax is payable by the purchaser.

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Listing Agent (Seller's Representative)

Listing courtesy of Brown Harris Stevens Residential Sales LLC

Pricing History

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About 720 Park Avenue

86

720 Park Avenue has received a CityRealty Rating of 86, 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
+
28
Out of 36
+
22
Out of 39
+
10
=
86
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:
Poorly Done 0 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:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 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 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:
Spacious 4 out of 5 points
Units Per Floor:
2 4 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
Some 1 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:
Some 1 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

  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Washer/Dryer in building
  • Elevator
  • Laundry Room
  • Fireplaces
  • Landmarked
  • Terraces / Balconies

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Pros
  • Very prestigious address
  • Canopied entrance
  • Fireplaces
  • Designed by Rosario Candela and Cross & Cross
  • Concierge
  • Doorman
  • High ceilings
  • Grand layouts
  • Prime location
  • Close to Subway
Cons
  • No health club
  • No sidewalk landscaped
  • No sundeck
  • No garage
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Subways

  1. 6
at Lexington Ave 0.15 miles
  1. F
at Lexington Ave and 63rd 0.38 miles