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740 Park Avenue is a luxury cooperative apartment building on the west side of Park Avenue between East 71st and 72nd Streets in the Lenox Hill section of the Upper East Side of Manhattan, New York City, United States.
[2] [3] It is one of the most expensive addresses in the city. [4] The building contains only 12 apartments: a ground floor maisonette, 10 full-floor apartments, and a multi-floor penthouse. [5] Each full-floor apartment has 5,000 square feet (460 m 2) of space, four bedrooms and four servants' rooms. [6]
The building was erected in 1930 and was designed by Rosario Candela, one of the city's most prominent designers of luxury apartment buildings in the late 1920s and early 1930s. Along with 1020 Fifth Avenue and 998 Fifth Avenue , it is considered among the most luxurious and prestigious co-operative buildings in the upper east side.
The neighborhood has some of the most expensive residences in the world. The top two floors of One57 sold to Michael Dell for $100.47 million in 2015, setting a record for the most expensive apartment ever sold in New York. [2] [3] Another bi-level apartment in the building was bought by hedge fund manager Bill Ackman for $91.5 million. [4]
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These apartments are lavish in scale, each containing roughly 6,500 square feet (600 m 2). The lower two floors consist of two duplex maisonettes, one 7000 SF, the other 4,500 square feet (420 m 2). There is also a superintendent's apartment on the first floor, roughly 750 SF. All apartments feature marble floors, and fireplaces in all major rooms.
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- 139 East 56th Street, New York, NY · Directions · (212) 479-1200