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740 Park Avenue #PH17/18D
Coop in Lenox Hill •  building info
3bd • 3.5ba
Sold price

$28,000,000

Key Details
Days on market
1794
Last price change
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Estimated payment
$150,153
Monthly taxes
N/A
Monthly maintenance
$23,739
Description
This spectacular penthouse is an elegant eyrie at the apex of 740 Park Avenue, and is arguably one of New Yorks finest residences. A private elevator landing opens onto a magnificent sun-flooded windowed gallery with 12 ceilings and a sweeping staircase. On the east end of this grand and gracious entry way is a handsome library with a wood-burning fireplace, wet bar, and a pair of French doors leading to a south-facing terrace. At the western end of the gallery, and with stunning views of the Manhattan skyline is a large terrace, which is accessed from both the gallery and the enormous living room immediately adjacent. The elegant and imposing living room features parquet de Versailles floors, a wood burning fireplace, beautiful moldings and architectural details, and over-sized windows highlighting the breath-taking views of Central Park to the west. Adjoining the living room is an impressive and stately formal dining room which enjoys views of Central Park and dramatic city views to the north. A fully-equipped windowed Butlers pantry is next to the dining room, which leads to the state-of-the art windowed eat-in-kitchen. Top-of- the line appliances include a 6-burner Wolf range, Subzero refrigerator, Miele dishwasher, and two wine refrigerators. There is a large center island with seating, in addition to a separate breakfast area. The rest of the first floor is comprised of a guest room with full bath, home office, powder room, laundry room, coat closet, and back stairs. The second floor is accessed by staircases (both front and back) and by a private elevator landing. Flowing off the spacious upstairs landing is an enormous terrace which wraps around the entire second floor, and features numerous seating areas to take in the stunning views. Inside a private hallway leads to a luxurious master bedroom suite, with a wood burning fireplace, a beautifully appointed marble bathroom, and ample closet space. Adjoining the master bedroom is a second bedroom/study with an en-suite windowed marble bathroom. Nearby a staircase leads up to the top floor landscaped roof terrace, which has charming trellised walls, seating nooks, and dazzling views. The apartment is in triple-mint condition and was completely renovated by the architect Oscar Shamamian and world-renowned designer Michael Smith. 740 Park Avenue is a distinguished full-service co-op, with a fitness center and private storage for tenants.

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Important Stuff
Elevator
Washer/Dryer in unit
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
Building Amenities
Gym
Concierge
Fios Available
Storage Available
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
$23,739
Estimated closing cost
$982,000
Total monthly cost $150,153
Listing Courtesy of Sothebys International Realty

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