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

737 Park Avenue, #12E

$14,495,000 ($3,072 per ft2) | 5 beds, 6+ baths | Approx. 4,719 ft2

Key Details

  • Listed Jun 17, 2019
    Building Type Condominium
  • Monthly Common Charges $5,382
    Monthly Real Estate Taxes $6,627
    Doorman FT Doorman

Description

**INVESTOR ONLY. 3% CAP AT ASKING PRICE. LONG TERM TENANT IN PLACE.** STATELY PREWAR CONDO ON PARK AVENUE This high-floor residence at storied 737 Park Avenue is a distinguished five bedroom, seven-and-a-half-bathroom home with magnificent proportions, triple exposures, and an imperial footprint at 4,719 square feet. The home is entered through a white-glove serviced, private elevator landing into a central foyer leading directly to an 800-square-foot, south-facing great room with perfect dimensions.

The entertaining wing spans 10 windows and is flanked by a corner library or guest suite with an en suite bathroom. There is also a grand windowed corner eat-in kitchen with pantry, service room, and adjoining full bathroom. Within the gracious living quarters are four additional larger bedrooms, including a striking double-corner master suite wing, measuring approximately 15 by 32 feet, featuring three walk-in closets including a windowed dressing room and separate master bathrooms.

All bedrooms feature en suite bathrooms, generous closets, and sunny views. Additional interior details include rift and quartered solid oak flooring, custom casement windows, and a central air-conditioning and heating system. The Varenna eat-in kitchen features marble floors, countertops and backsplash, glass and aluminum cabinetry, Franke sinks and faucets, Miele stainless steel appliances, and separate butler's pantry.

The master bathrooms are outfitted with statuary slabs of Italian marble, custom Varenna vanities, heated floors and Dornbracht polished chrome fixtures. Situated among New York's most celebrated prewar buildings, 737 Park Avenue Condominium is moments from Central Park, top-rated restaurants, and world-renowned shopping and entertaining.

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Apartment Amenities

  • Windowed Kitchen

Pricing History

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Estimated Monthly Cost

About 737 Park Avenue

90

737 Park Avenue has received a CityRealty Rating of 90, 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
+
31
Out of 36
+
23
Out of 39
+
10
=
90
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 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:
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:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 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:
Considerable 1 out of 3 points
Protected Views:
Many 2 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:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 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:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Yes, but Small 1 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:
Yes 1 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
  • Condo
  • Built in 1940
  • 108 Apartments
  • 20 Floors

Building Amenities

  • Conversion Year: 2013
  • Elevator Operator
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Central AC
  • Garden
  • Washer/Dryer in building
  • Elevator
  • Event Room
  • Children's Playroom
  • Fitness Center
  • Outdoor Entertainment Space
  • Courtyard
  • In-Unit Washer/Dryer
  • Bike Room
  • Terraces / Balconies

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Pros
  • Two blocks from The Frick Collection
  • Elevator persons
  • Storage
  • Bicycle room
  • 24-hour doorman
  • Very handsome- red-brick- pre-war building
  • Near Asia House and Union Club
  • Across from 740 Park Avenue
  • One block south of cross-town bus service
  • One block from Madison Avenue boutiques
  • Close to Subway
Cons
  • Considerable traffic
  • No roof deck
  • No garage
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Subways

  1. 6
at Lexington Ave 0.16 miles
  1. F
at Lexington Ave and 63rd 0.42 miles
About this Building

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Listing provided courtesy of Christie's International Real Estate
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