Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
740 PARK Avenue #2/3D
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Active For Sale Co-op

$22,000,000

740 PARK Avenue #2/3D

Lenox Hill, Manhattan

740 Park Avenue

MLS® #RLS11020787

RLS at REBNY

Listing by Serhant

5

Bedrooms

6.5

Baths

N/A

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 5
Bathrooms 7 full, 2 half
Year Built 1930
Ownership Co-op
Maintenance $15,115/mo
Neighborhood Lenox Hill
Floor 23 of 19

Property Highlights

  • Views: City
  • Exposure: North,South,West facing
  • Outdoor Space: Terrace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 14
Baths 6 Full, 2 Half
Floor 23 of 19
View City
Exposure North,South,West
Pets Yes
Year Built 1930
Structure Type HighRise
Basement Other
Block/Lot 01386/0033

Listing History

Event Date Price Change
Listed Nov 12, 2024 $24,000,000 -
Currently May 5, 2026 $22,000,000 -8.3%

Description

Designed in 1929 by the renowned architects Rosario Candela and Arthur Loomis Harmon, 740 Park Avenue is a landmarked co-op that has long been one of Manhattan's most coveted residential addresses. Grand proportions and enduring elegance suffuse interiors, where mansion-like residences boast exquisite pre-war architecture and embody sophisticated, functional design.

This regal 5-bedroom, 6.5-bathroom duplex sits between Park and Madison Avenues, two blocks from Central Park. Refined original details blend with classic Lenox Hill aesthetics, creating alluring rooms with distinctive period features.

Residents arrive on a private elevator landing leading to a remarkable gallery with marble floors, a built-in wall mirror, a powder room, and a sensuously curving staircase. Double doors reveal formal living and dining rooms and a stately library with wood-paneled walls, built-in shelves, and a wood-burning fireplace with an ornate mantel. All three spaces are ideal for grand entertaining and intimate gatherings.

The living room spans over 35 feet long and has a fireplace, four oversized sash windows, intricate crown molding, and original Versailles hardwood floors. The dining room can easily accommodate a table for 18 and flows into a fully equipped butler's kitchen.

The windowed chef's kitchen is outfitted for home cooks and professional caterers alike. It boasts a huge worktable, stainless steel countertops, ample storage, and high-end stainless steel appliances, including two oversized refrigerators and dual gas ranges. The windowed breakfast room just behind the kitchen has an auxiliary staircase. Staff suites and windowed laundry room with a utility sink and washer and dryer complete the lower level.

All five bedrooms and an additional office sit on the upper level. The primary suite receives vibrant southern light and boasts a wall of reach-in closets, a huge walk-in dressing room, and a windowed en-suite. Three of the secondary bedrooms have private en-suites, and all have abundant closet space. The staff quarters include two bedrooms, a windowed bathroom, and a kitchenette.

Residents of 740 Park Avenue benefit from impeccable service provided by full-time door attendants, porters, and a resident manager. The building's iconic limestone fa ade is matched by an elegantly appointed lobby, and amenities include a state-of-the-art private fitness center and dedicated storage units. Pets are warmly welcomed.

Features & Amenities

Interior Features

Building Other Washer Hookup In Unit Fireplace (3)

Exterior Features

Private Outdoor Space Over60 Sqft Terrace

Building Amenities

Elevators

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $15,115/mo
Original Price $24,000,000
Previous Price $24,000,000

Lenox Hill occupies a residential section of the Upper East Side, defined by proximity to Central Park, major medical institutions (Memorial Sloan Kettering, Weill Cornell, Lenox Hill Hospital), and the Madison Avenue retail corridor. Housing stock ranges from large pre-war cooperatives to modern condominiums with East River and skyline views.

Lenox Hill Live Market Data

View Neighborhood

Active Listings

607

Median Asking Price

$1.19M

Median $/Sqft

$1,315

Avg Days on Market

N/A

New This Week

22

Price Reduced

37%

Sold (30 Days)

60

Median Sale Price

$1.35M

Live data from RLS at REBNY • Updated 5/5/26, 1:15 AM EST

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Location

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740 PARK Avenue #2/3D, Lenox Hill, New York County

Virtual Tour

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Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
19
Floors
33
Residential Units
R8B
Zoning District
Elevator Apartments Historic District: Upper East Side Historic District

Tax & Assessment

Assessed Value: $43,420,950
Land Value: $7,920,000
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 22,476 SF
Building Area: 273,583 SF
Built FAR: 12.17
Allowed FAR: 4

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $15,115 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 5 bedrooms and 6 full bathrooms and 2 half bathrooms.

According to MLS records, the building was constructed in 1930, making it approximately 96 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS11020787
First Listed: 11/12/2024
On Market: 11/12/2024
Price Changed: 10/1/2025
Contract Date: 11/12/2024

Listing Courtesy of Serhant - Chase Landow

Listing Contact: (917) 524-0000

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/5/2026 at 5:15 AM UTC

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