Park Avenue
Building Profile ·
740 Park Avenue
740 Park Avenue, New York, NY 10021 (at East 71st Street)
AT A GLANCE
Type
Cooperative
About the building
Why 740 Park matters
740 Park Avenue is widely understood to be the most prestigious residential cooperative address in the United States. Its 31 apartments — among the smallest unit counts of any tier-one Manhattan building — have over the past century housed an extraordinary concentration of American business, finance,…
Recent Sales
Last 5–10 closed sales at 740 Park (replace this section with current ACRIS data — pull at publication time and refresh quarterly):
[Recent sales table to be populated from ACRIS]
Sales context at 740 Park:
Inventory turnover is among the slowest of any tier-one Manhattan building. In some 12-month windows,…
What to know if you're buying
Financing is not permitted. This is the single most consequential structural fact about 740 Park and the screen that defines the building. All purchases must be 100% cash. The building's policy explicitly does not allow mortgage financing — no exceptions for partial financing, recourse loans, or unsecured supplements. Buyers must…
What to know if you're selling
Marketing is private. Most 740 Park transactions occur with limited or no public marketing. Sellers typically work through private broker networks, with apartments shown only to vetted prospective buyers. Public listing on StreetEasy or Compass typically signals either a longer hold or a particular seller circumstance.
The buyer pool is…
The Roebling Team at
740 Park Avenue
The Roebling Team at Compass specializes in Central Park West, the Upper West Side, and the broader Park-facing Manhattan market. We publish this building profile because CPW buyers and sellers deserve building-specific intelligence — architecture, board culture, transactional mechanics, and the realities of pricing at the apartment level — not…