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$27,440,000
List Price: $28,000,000
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740 Park Avenue #6/7D
Coop in Lenox Hill •  building info
5bd • 5ba • 7,348ft² $3,811 per ft²
Buy with Yoreevo

$27,440,000

List Price

$28,000,000

Key Details
Days on market
83
Last price change
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Estimated payment
$166,395/mo
Taxes
Included in maintenance fees
Maintenance
$24,812/mo
Description
Considered by many to be among the finest examples of pre-war apartment house architecture, 740 Park Avenue is defined by stately proportions and unsurpassed elegance. Drawn by Rosario Candela and Arthur Loomis Harmon in 1929, the plans for this coveted address remain a standard for gracefully functional design and serve still as inspiration for todays most sought-after buildings. Ideally located on East 71st Street and spanning over 7,000 square feet, this mansion-like residence is distinguished by its impressive scale, enduring elegance, sunlit interiors, and attractively open views. Regally proportioned throughout, this duplex features a tour-de-force of remarkable entertainment rooms, five bedrooms, five bathrooms, and two powder rooms, as well as an extremely ample back-of-house. Refined and sophisticated and with ceilings stretching to nearly 11 feet on the lower floor, this extraordinary residence impresses at every turn. Accessed by a private elevator landing, the large rectangular Gallery opens to the three grand entertainment rooms and features an elegantly-curved staircase to the upper floor. The substantial corner Living Room and the handsomely paneled Library both boast wood burning fireplaces. Both south-facing, they are drenched in sunlight throughout the day and enjoy wonderfully open city views. In addition, the Living Room has western outlooks over St. James Church towards Central Park. Equally impressive is the very large formal Dining Room with its adjacent Conservatory, also open to the Living Room. A Powder Room and coat closet are conveniently accessible. Nearby, a spacious and well-appointed chefs Kitchen has ample space for a large dining area and is supported by a well-appointed Service Pantry, a Staff Bedroom and bathroom, a Laundry Room, and a Powder Room. There is a also a back staircase to the upper level as well as a Service Hall that leads back to the Gallery, bypassing the Dining Room. Above, tranquil private quarters feature an extensive Primary Suite that includes a divine corner Primary Bedroom with a wood burning fireplace and gorgeously open southern and western views, ensuring copious sunlight, a vast Dressing Room and ensuite Bath, as well as a nearby Sitting Room/Bedroom with its own ensuite Bath and Wet Bar. There are three additional generously-proportioned Bedrooms, all of which have capacious closets, and two additional Baths. 740 Park Avenue is renowned for its expert and attentive staffing, which includes full-time doormen and porters, as well as a resident manager. Its gorgeous limestone faade is complemented by a sublimely elegant lobby. Residents also benefit from a state-of-the-art private fitness center and dedicated storage units. Pets are welcome.

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Important Stuff
Washer/Dryer in unit
Elevator
Full Time Doorman
Unit features
Dishwasher
Hardwood floors
Fireplace

Wood

View

City, Skyline

Building amenities
Services and facilities
Concierge
Fios Available
Laundry in Building
Live In Super
Storage Space
Wellness and recreation
Gym
Building info

History
What it'll cost
Purchase price
$28,000,000
Asking Price: $28,000,000
Term
30 Years
Down Payment
$5,600,000 (20%)
Min: 20% (5,600,000)
Rate
6.5 %
Mortgage Amount
$22,400,000
Mortgage Payment
$141,583
Maintenance
$24,812
Estimated Yoreevo rebate
$560,000
Estimated closing cost
$1,099,000
Total monthly cost $166,395
Buy your dream home with us and get an estimated $560,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Sothebys International Realty

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