Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $17,000,000

· Closed October 12, 2023

740 PARK Avenue #10/11C
Closed For Sale Co-op

$17,000,000

740 PARK Avenue #10/11C

Upper East Side, Manhattan

740 PARK AVENUE

MLS® #RLS10906157

RLS at REBNY

Listing by Corcoran Group

4

Bedrooms

5.5

Baths

N/A

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 4
Bathrooms 6 full, 2 half
Year Built 1930
Ownership Co-op
Maintenance $21,772/mo
Neighborhood Upper East Side
Floor 10 of 19

Property Highlights

  • Exposure: South,West facing
  • Outdoor Space: Terrace
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 14
Baths 5 Full, 2 Half
Floor 10 of 19
Exposure South,West
Pets Yes
Cross Street EAST 71 STREET and EAST 72 STREET
Year Built 1930
Architectural Style Prewar

Listing History

Event Date Price Change
Listed Aug 9, 2022 $26,000,000 -
Price Reduced Oct 12, 2023 $23,750,000 -8.7%
Currently Apr 30, 2026 $17,000,000 -28.4%

Description

Located on a high floor in what is deemed Rosario Candela's finest prewar cooperative, this gracious 14-room duplex at 740 Park Avenue has many of the unique details of New York City's most iconic residential building.

Enter residence 10/11C from its private elevator vestibule into the spacious 34' gallery with 11' 6" ceiling height, elegant marble floors and a sweeping semi-circular staircase. The 36' x 20' drawing room has a wall of four oversized windows providing natural light that fills the room throughout the day. The hardwood floors are wide-plank oak and a beautiful fireplace with marble mantel flanks the room. The living room flows into a wood-paneled library that has dramatic views to the South and a charming built-in 'mini' bar. This room also has the wide-plank oak floors and is flanked by a fireplace with marble mantel like those details of the drawing room. There is a powder room off the gallery.

The formal dining room has beautiful open vistas and lovely decorative molding and chandelier medallion. A large Chef's kitchen with an eat-in breakfast area is equipped with a Garland range, Bosch dishwasher, Sub-Zero refrigerator and has a storage room. There is a large butler's pantry with cabinetry to accommodate multiple serving sets of china, silver and crystal, as well as a bar sink, wine fridge and additional full-sized Sub-Zero. The second staircase leads to the three staff rooms, a laundry room, office, bedroom and bathroom. The den and its powder room are also located on this floor.The upper level of the residence has four large bedrooms, all with ensuite bathrooms, and a 740 detail of which two primary suites. These suites feature extra-large closets, one has a terrace with more open views and can be accessed through floor-to-ceiling leaded glass doors. The residential elevator accesses this floor through a private vestibule. If needed, the staff bedroom could easily be combined with a large adjoining closet for a fifth bedroom, nearly as spacious as the others.

Throughout the apartment there are a multitude of storage and closets. A storage unit and wine storage is also available in the basement.

740 Park Avenue is an architectural masterpiece constructed in 1929 by James T. Lee and designed by renowned architect Rosario Candela. The building was converted to a cooperative by John D. Rockefeller Jr. who resided in the building for many years. 740 is one of New York City's premier white glove cooperatives with an exceptional full-service staff, fitness center and private storage. This is a truly unique opportunity to own a remarkable residence in one of the most sought-after addresses in the world. There is a 3% transfer fee paid by buyer.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Terrace

Appliances

Dryer Dishwasher Washer Dryer Allowed Washer

Building Information

Financial Details

Maintenance $21,772/mo
Original Price $26,000,000
Sale Price $17,000,000
Previous Price $23,750,000

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

352

Median Asking Price

$1.61M

Median $/Sqft

$1,585

Avg Days on Market

N/A

New This Week

24

Price Reduced

30%

Sold (30 Days)

33

Median Sale Price

$1.50M

Live data from RLS at REBNY • Updated 4/30/26, 7:46 AM EST

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Location

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740 PARK Avenue #10/11C, Upper East Side, New York County • Near EAST 71 STREET and EAST 72 STREET

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 $21,772 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 4 bedrooms and 5 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.

Pet policy requires confirmation with the listing broker.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. 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: RLS10906157
First Listed: 8/9/2022
Price Changed: 10/12/2023
Closed: 10/12/2023
Contract Date: 8/9/2022

Listing Courtesy of Corcoran Group - Francine Crocker

Listing Contact: (917) 545-7208

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 4/30/2026 at 11:46 AM UTC

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