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720 Park Avenue #PH13A
Coop in Lenox Hill •  building info
3bd • 4.5ba
Sold price

$13,250,000

Key Details
Day on market
1
Last price change
loading...
Estimated payment
$91,489/mo
Taxes
Included in maintenance fees
Maintenance
$26,223/mo
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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Important Stuff
Elevator
Washer/Dryer in unit
Full Time Doorman
Cats and Dogs allowed
Policies
Pied-a-Terre Allowed
Unit features
Private outdoor space

Terrace

Building amenities
Services and facilities
Concierge
Fios Available
Laundry in Building
Wellness and recreation
Gym
Shared outdoor space
Deck
Building info

History
What it'll cost
Purchase price
$13,250,000
Asking Price: $13,250,000
Term
30 Years
Down Payment
$2,650,000 (20%)
Min: 20% (2,650,000)
Rate
6.25 %
Mortgage Amount
$10,600,000
Mortgage Payment
$65,266
Maintenance
$26,223
Estimated closing cost
$438,000
Total monthly cost $91,489
Listing Courtesy of Brown Harris Stevens

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