Printed from StreetEasy.com at 03:04 PM, Mar 27 2015

Building: 740 Park Avenue

740 Park Avenue, New York, NY, 10021
32 units19 storiesBuilt in 1930

Building Description

Building: 740 Park Avenue in Lenox Hill

Referred to as one of Manhattan’s “Towers of Power,” in a New York Magazine article not only for its ultra-luxe apartment homes, but for the wealthy who reside and have resided there, 740 Park Avenue is so grand that an entire book, “740 Park: The Story of the World’s Richest Apartment Building” by Michael Gross was devoted to it.

James T. Lee, grandfather of Jacqueline Kennedy Onassis (740 was her childhood home), was the developer. According to a New York Times article in 1995, the paper reported Mr. Lee as having developed $35M worth of buildings in the early 1920s.

The famed Italian-American architect Rosario Candela, legendary for designing some of New York’s most expensive and elaborate homes on Park and Fifth Avenue, along with Arthur Loomis Harmon (one of the architects responsible for the Empire State Building) collaborated to design the 19-story limestone building at the corner of 71st Street. Some residents prefer to use the “more discreet” entry on 71st Street than the one located on Park Avenue, unmistakeable (yet understated and elegant) with its polished granite entry, flanked by columns and a gated doorway.

740 Park Avenue’s history of housing the immensely rich, including John D. Rockefeller, Jr., royalty, major worldwide players in entertainment, finance, politics and more, also has a colorful past of the goings-on at the luxury building since it opened its doors to the uber-rich in 1931.

These aren’t just luxury apartment homes; rather, urban mansions, one having 20,000 square feet! There are only 31 units (duplexes, triplexes and penthouses) within 740 Park Avenue and each has spectacular features — colossal galleries, walnut-paneled rooms, sweeping views, wood-burning fireplaces, curvaceous staircases and windows, windows, windows everywhere.

Long regarded as one of Manhattan’s most glamorous residences, 740 Park Avenue has a distinct lineage — one of power, wealth and a long-standing tradition of catering to the wealthiest people in the world — and a reputation of exclusivity to the nth degree.

Amenities at and features of 740 Park Avenue:

• 24-hour doorman/concierge
• Landmark residential building on Manhattan’s “Gold Coast”
• Fitness Center
• 24-hour staff
• Secure, private entrances
• High ceilings, hardwood floors
• Formal dining rooms
• Multi-room palatial-like homes with one-of-a-kind prewar detail and finishings; superb renovations
• Fireplaces
• Terraces
• Located in prime location in Upper East Side, steps away from Central Park, upscale dining/shopping/cultural venues

Developer: James T. Lee
Architects: Rosario Candela and Arthur Loomis Harmon

Building description provided by Ilan Bracha

Building Amenities

  • Concierge
  • Doorman
  • Elevator
  • Gym
  • Pets Allowed
  • Storage Available

Building Facts

Facts 32 units19 storiesBuilt in 1930
Building Class D4
District Community District 108City Council District 4Police Precinct 19
Floorplans 11 floorplans available
Documents and Permits 47 documents and permits
 
Sales Listings 2 active sales ($3,666 per ft² avg, $28,500,000 avg price)
13 previous sales ($4,295 per ft² avg, $34,038,461 avg price)
 
Owned by: MARKS, HOWARD S
Architect: Rosario Candela
Developer: James T. Lee

Sales - 2 active

$29,500,000  
 
16 rooms, 5 beds
5 baths, 5 half baths
$27,500,000  
 
5 beds
5 baths, 5 half baths
7,500 ft²

Nearby

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