Listing Courtesy of Serhant
$22,000,000
Potential Rebate: $330,000
<p>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. </p> <p>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. </p> <p>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.</p> <p>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.</p> <p>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.</p> <p>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. </p> <p>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.</p>
$123,825 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$330,000
Monthly savings impact
$917/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Serhant
Data Source: TRESTLE #RLS11020787

Compare average listing prices and value metrics for 740 Park Avenue against the surrounding Lenox Hill market.
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
than the Lenox Hill price average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Lenox Hill.
Lenox Hill is the medical and residential heart of the UES. It is classic and clean. For buyers seeking Lenox Hill Manhattan real estate, it offers stability.
Living in Lenox Hill is polished. As a Manhattan NYC neighborhood, it is established.
The market for homes for sale in Lenox Hill includes white-glove co-ops.
The lifestyle in Lenox Hill is refined.
Lenox Hill is served by the 6 and Q trains.
Central Park is the western border.
Amenities: Luxury shopping on Madison Ave.
Lenox Hill is best for doctors and established families.

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