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740 Park Avenue, #1011C

Listing no longer available on CityRealty as of Oct 12, 2023
It previously was on the market for a total of 164 days.
Last Sold on Oct 12, 2023 for $17,000,000
4 beds, 5.5 baths
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  • Buyers
  • Claire Olshan
  • Michael Olshan
  • Sellers
  • Miranda Wong Tang
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2 apartments are currently available in this building.
164 days on Market

Pricing History

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Key Details

  • Listed: May 1, 2023
    Last Price Change: -28.4% ($6.75M) on Oct 12
    Days on Market: 164
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 5,473 times
Monthly Maintenance: $21,772
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $115,472
Note: the above is based on a down payment of 20% ($3,400,000), which is the minimum amount permitted by the building.

Description

Located on a high floor in what is deemed Rosario Candela’s finest prewar cooperative, this gracious 14-room duplex at 740 Park Avenue has many of the unique details of New York City’s most iconic residential building.

Enter residence 10/11C from its private elevator vestibule into the spacious 34’ gallery with 11’ 6" ceiling height, elegant marble floors and a sweeping semi-circular staircase. The 36’ x 20’ drawing room has a wall of four oversized windows providing natural light that fills the room throughout the day. The hardwood floors are wide-plank oak and a beautiful fireplace with marble mantel flanks the room.

The living room flows into a wood-paneled library that has dramatic views to the South and a charming built-in ’mini’ bar. This room also has the wide-plank oak floors and is flanked by a fireplace with marble mantel like those details of the drawing room. There is a powder room off the gallery.

The formal dining room has beautiful open vistas and lovely decorative molding and chandelier medallion.

A large Chef’s kitchen with an eat-in breakfast area is equipped with a Garland range, Bosch dishwasher, Sub-Zero refrigerator and has a storage room. There is a large butler’s pantry with cabinetry to accommodate multiple serving sets of china, silver and crystal, as well as a bar sink, wine fridge and additional full-sized Sub-Zero. The second staircase leads to the three staff rooms, a laundry room, office, bedroom and bathroom.

The den and its powder room are also located on this floor.The upper level of the residence has four large bedrooms, all with ensuite bathrooms, and a 740 detail of which two primary suites. These suites feature extra-large closets, one has a terrace with more open views and can be accessed through floor-to-ceiling leaded glass doors. The residential elevator accesses this floor through a private vestibule.

If needed, the staff bedroom could easily be combined with a large adjoining closet for a fifth bedroom, nearly as spacious as the others.

Throughout the apartment there are a multitude of storage and closets. A storage unit and wine storage is also available in the basement.

740 Park Avenue is an architectural masterpiece constructed in 1929 by James T. Lee and designed by renowned architect Rosario Candela. The building was converted to a cooperative by John D. Rockefeller Jr.

who resided in the building for many years. 740 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.

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Apartment Amenities

  • Terrace

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 (2)

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