The Rosario Candela-designed 740 Park Avenue is regarded as one of the city's most expensive co-op buildings; it is here, after all, where the city's priciest co-op on record sold for a whopping $71.3 million in September. Now, another of the building's elite duplexes comes to market. The fourth- and fifth-story apartment's layout has gone unchanged since Candela's days, and comes with a bonkers 14 roomsfive bedrooms and five bathrooms41 windows, and 21 closets. It's asking $27.5 million.
The seller is investor Peter Huang, who the Journal insists is leaving the co-op behind because he is spending less time in the city. Huang coughed up a mere $145,000 for the grand space in the 1970s.
This is not Huang's first attempt to sell; he delisted the apartment after it failed to woo a buyer for $29.5 million last year.
· Listing: 740 Park Avenue #4/5 [Compass via StreetEasy]
· Duplex in New York's 740 Park Avenue Returns to Market for $27.5 Million [WSJ]
· 740 Park Duplex Upholsters Walls, Asks $29.5 Million [Curbed]
· $71.3M Park Avenue Pad Is NYC's Most Expensive Co-op Ever [Curbed]
· All 740 Park Avenue coverage [Curbed]