Duplex at 740 Park Ave trades for $38M
An apartment in an Upper East Side co-op — dubbed New York City’s “richest building” — just traded for a rich premium. A duplex at 740 Park Avenue sold in an off-market deal for $38 million, up from the $20.5 million the seller paid for it in 2019, according to public records. The identities of both the buyer and the seller are shielded by shell companies. The price increase is likely due to a renovation, though the extent of the upgrade is unclear. Construction work at the apartment was referenced in a 2019 lawsuit over an alleged injury caused by […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
America’s Top & Best-In-State Residential Architects
2026: Methodology
10 Real Estate Open House Ideas to Make Your Home Stand
Out
Gusto doubles up at Vornado’s Penn 1
Eyal Ofer’s Global Holdings lands $380M refi for 120
Park
Namdar Group finds financing for another Jersey City
project
AI-Fueled Mini Housing Bubbles Form as Commercial
Delinquencies Rise
How to Prep Your Home for a Photo Shoot: Expert Tips From
the Pros
How to Choose the Right Real Estate Photographer: Opinions
From the Experts
What Makes Renters Stay? 7 Reasons to Renew Your
Lease
Reality Check: Pol’s utopian vision for development doomed
to fail
