765 Park Avenue - Candela Masterpiece $ 15,980,000
4 5.5

765 Park Avenue - Candela Masterpiece, New York, United States

15,980,000 USD

Ideally located in one of Park Avenue's finest prewar cooperatives, at the corner of 72nd Street, this extraordinary 14-room residence has massive proportions and 100-feet of Park Avenue frontage. Designed by renowned architect Rosario Candela, the residence offers grand scale rooms with a graceful layout accentuated by magnificent original architectural elements. Resplendent with glorious light streaming in from 25 windows, the sprawling home spans all four exposures. It has soaring ceilings enhanced by traditional moldings and tall doorways; pristine hardwood flooring may be found throughout. A private elevator entry opens to a vast 29-foot-by-12-foot gallery, providing an impressive introduction to the home. The gallery opens onto a grand corner 33- foot corner living room with herringbone flooring and a wood-burning fireplace. The living room's western window captures a peek of Central Park in the distance. Enhanced by custom wood-working and custom built-ins, the 20-foot library faces Park Avenue and has a wood-burning fireplace. There is a gracious and inviting 25-foot formal dining room with a fireplace and two large windows facing 72nd Street. A sprawling 28 x 17 Eat-in-kitchen has open views northward over landmarked townhouses. The kitchen photos shown reflect an example of the renovation potential of this impressive space. An enormous staff wing consisting of five small individual bedrooms is located off of a separate corridor leading northward from the kitchen. This wing could be re-configured as additional primary bedrooms, or as a large den/media room off of the eat-in-kitchen. The main bedroom wing of the residence includes four oversized bedrooms, each with an en-suite bathroom and ample closets space. Three of the four bedroom suites have beautiful views over Park Avenue, and the fourth bedroom has open city views to the east, overlooking landmarked townhouses below. Built in 1927, the limestone and brick Italian Renaissance building is one of the most distinctive buildings on Park Avenue. Residents of this prestigious white-glove cooperative enjoy the highest levels of service and privacy, as well as a recently renovated and enlarged gym. There is a 3% flip tax payable by the purchaser. The building now permits up to 50% financing, and heavy renovations may be done during the six month period between April 1 and October 1.

Location: 765 PARK AVENUE 7B, New York, NY, United States

John Burger
Brown Harris Stevens


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