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$24,500,000
List Price: $25,000,000
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778 Park Avenue #12THFLOOR
Coop in Lenox Hill •  building info
5bd • 5ba
Buy with Yoreevo

$24,500,000

List Price

$25,000,000

Key Details
Days on market
153
Last price change
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Estimated payment
$156,786/mo
Taxes
Included in maintenance fees
Maintenance
$30,372/mo
Description
Perfectly situated on the 12th Floor of 778 Park Avenue, Rosario Candela's most coveted building, this truly exceptional full-floor residence has spectacular entertaining rooms, soaring ceilings up to 11'7", and three wood burning fireplaces. Every room has picturesque views including views of Central Park from all of the western facing rooms. There are five bedrooms, five full bathrooms, two powder rooms as well as four staff rooms. You arrive through an elegant private elevator landing leading to the grand 36'6" long gallery. Off the gallery is a powder room and two oversized coat closets. The sun-drenched living room boasts three oversized windows which face east over Park Avenue. This magnificent 32'4" by 19'2" room has herringbone floors and is centered around the grand wood burning fireplace. Adjacent to the north is a 25'3" by 17'4" corner formal dining room with the second wood burning fireplace and to the south is a handsome wood-paneled library with custom built-ins and the third wood burning fireplace. This original Candela designed layout graciously allows for a beautiful enfilade of entertaining rooms which flow seamlessly. There is an incredible windowed large eat-in kitchen with a center island, a windowed butler's pantry, and a beautiful sun-filled corner breakfast room as well as a staff wing including a laundry room, staff dining room, two staff bedrooms and a powder room. There is a separate bedroom wing. In the corner is the luxurious primary suite, which is a combination of two bedrooms. The sleeping quarters are in the corner facing south and east, there is a very large windowed en-suite bathroom, and an enormous dressing room. There are four additional large bedroom suites and three full bathrooms. Up a set of stairs from the main floor is an additional staff suite with two more staff bedrooms and a staff bathroom. Built in 1931, 778 Park Avenue was designed by legendary Manhattan architect Rosario Candela and is considered to be one of his finest works. This full-service white-glove co-operative consists of only 18 apartments; residents enjoy the highest level of service and security. The building has a gym, a yoga/massage room and a beauty parlor. There is a 3% flip tax paid by the purchaser. There is a monthly assessment of $8,665 from March through December 2025 for Local Law 11. This is a rare opportunity to own a residence in one of the most sought after addresses in Manhattan.

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

City, Park, Skyline

Building amenities
Services and facilities
Fios Available
Live In Super
Wellness and recreation
Gym
Building info

History
What it'll cost
Purchase price
$25,000,000
Asking Price: $25,000,000
Term
30 Years
Down Payment
$5,000,000 (20%)
Min: 20% (5,000,000)
Rate
6.5 %
Mortgage Amount
$20,000,000
Mortgage Payment
$126,414
Maintenance
$30,372
Estimated Yoreevo rebate
$500,000
Estimated closing cost
$982,000
Total monthly cost $156,786
Buy your dream home with us and get an estimated $500,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Corcoran Group

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