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$24,666,667
List Price: $25,000,000
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740 Park Avenue #2/3D
Coop in Lenox Hill •  building info
5bd • 6ba
Buy with Yoreevo

$24,666,667

List Price

$25,000,000

photo of agent
James McGrath
(212) 365-0151 • 
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Key Details
Days on market
386
Last price change
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Estimated payment
$141,529
Monthly taxes
N/A
Monthly maintenance
$15,115
Description
Considered by many to be among the finest examples of pre-war apartment house architecture, 740 Park Avenue is defined by its stately proportions and unsurpassed elegance. Drawn by Rosario Candela and Arthur Loomis Harmon in 1929, the plans for this esteemed building remain a standard for gracefully functional design and serve still as inspiration for todays most sought-after buildings. Ideally located on East 71st Street, this marvelous and newly-renovated duplex residence is distinguished by a refined and quiet sophistication, impressive scale, and superb original architectural detail. Accessed by a private elevator landing, the large rectangular Gallery opens to three grand entertainment rooms and features an elegantly-curved staircase to the upper floor. A substantial corner Living Room, nearly 37 in length, and the wood-paneled Library both boast wood burning fireplaces and pretty treetop outlooks. The Living Room has the additional benefit of an adjoining high-walled private Terrace. Equally impressive is the very large formal Dining Room with its adjacent Conservatory. A Powder Room and coat closet are conveniently accessible. Nearby, a very spacious and well-appointed state-of-the art chefs Kitchen is supported by a well-appointed butlers Pantry with a back staircase to the upper level, a Breakfast Room, two Staff Bedrooms with a shared bathroom, a Laundry Room, and a Powder Room. Above, the tranquil private quarters feature a Primary Suite that includes a wonderful corner Primary Bedroom with a wood burning fireplace and leafy southern and western outlooks, a Sitting Room/Bedroom, currently configured as an Office, two large marble-clad bathrooms, and two well-fitted and very ample closets. There are three additional generously-proportioned Bedrooms, all of which have capacious closets and ensuite baths. Two of the Bedrooms open onto a delightful shared room, currently configured as a Playroom. Nearby, there is a small Office that also serves as a second Laundry Room. With southern, western, and northern outlooks, this splendid duplex residence is blessed with pleasing and graceful proportions, which lend themselves effortlessly to the notion of elegant entertaining. These are enhanced by soaring high ceilings, grandly-scaled windows, gorgeous herringbone floors, and distinctive period detail. 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. Co-exclusive.

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Important Stuff
Elevator
Washer/Dryer in unit
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
Hardwood floors
City View
Dishwasher
Central Air
Skyline View
Fireplace: Wood
Building Amenities
Gym
Concierge
Live In Super
Fios Available
Storage Available
Laundry in Building
Outdoor Space
Terrace
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
$15,115
Estimated Yoreevo rebate
$333,333
Estimated closing cost
$982,000
Total monthly cost $141,529
Buy your dream home with us and get an estimated
$333,333 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Sothebys International Realty

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