740 Park Avenue #1C

Prime Medical Co-Op Unit in One of the Most Exclusive and Decorated Buildings in New York City

740 Park Avenue #1C, New York, NY 10021
Asking Price Submit Offers
Type Medical Cooperative Unit
Neighborhood Upper East Side
Properties 1
Lot Size 22,476 SF
Zoning Code R8B / R10
Size 2,100 SF
Stories 1
Units 1
Air Rights N/A

Investment Highlights:

Meridian Investment Sales is pleased to offer for sale the 2,100 square foot, vacant medical cooperative unit located at the esteemed 740 Park Avenue, #1C – one of Manhattan’s premier ultra-luxury doorman buildings on the Upper East Side. The art-deco, limestone masterpiece was constructed from 1929-1930, designed by renowned architect Rosario Candela and Arthur Loomis Harmon and developed by James T. Lee, the grandfather of Jacqueline Onassis Kennedy – who lived in the building for six years. One of the most exclusive and decorated buildings in New York City, 740 Park Avenue has been home to an array of iconic New Yorkers, including John D. Rockefeller Jr., Stephen Schwarzman, David H. Koch, Charles Stevenson, John Thain, and David Ganek.

Delivered vacant, the 2,100 square foot medical cooperative unit is ideal for a medical office or related professional use. The unit, also known as 73 East 71st Street, features two discreet street entrances and seven south-facing windows resulting in excellent light and air. Proximate to top rates hospitals including Lenox Hill Hospital, Memorial Sloan Kettering Cancer Center, Hospital for Special Surgery, and New York Presbyterian, this is a great location for a medical office. Located at the northwest intersection of Park Avenue & East 71st Street, 740 Park Avenue is just two blocks from Central Park in one of the City’s most exclusive enclaves. Further, the frontage on both streets allows for excellent foot traffic and visibility. The distinguished area offers proximity to renowned schools, shopping, restaurants, and public transportation. The offering presents a singular opportunity to acquire a medical cooperative unit in one of NYC’s most exclusive buildings.

Location:

Iconic Address: Historic Building at the Intersection of East 71st Street and Park Avenue

Property Listing Contact:

David Schechtman // Senior Managing Director // 800 3rd Ave., New York, NY // 212.468.5907 // dschechtman@meridiancapital.com

Lipa Lieberman // Managing Director // 800 3rd Ave., New York, NY // 212.468.5908 // llieberman@meridiancapital.com

Abie Kassin // Director // 800 3rd Ave., New York, NY // 212.468.5909 // akassin@meridiancapital.com

Brian Gladstone // Associate // 800 3rd Ave., New York, NY // 212.468.5948 // bgladstone@meridiancapital.com