$17,500,000
SOLD MAY 2, 2024

778 Park Ave Unit 9th floor New York, NY 10021

Upper East Side Neighborhood
6 Beds
9 Baths
6,500 Sq Ft
$26,435/mo HOA Fee

Recently Sold

$2,692 Per Sq Ft

30% Below List Price

141 Days on Market

Highlights

  • City View
  • 8,939 Sq Ft lot
  • Library
  • P.S. 6 Lillie D. Blake Rated A
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of May 2024

Sophisticated EleganceOne of the finest residences in all of New York City, encompassing the entire 9th Floor, this bespoke Cooperative apartment is located in the prestigious Rosario Candela building - 778 Park Avenue. With nearly 100 feet of Park Avenue facing frontage, this full floor home spans over 6,500 Square Feet and is defined by 16 voluminous rooms, 6 ensuite bedrooms, 7 full bathrooms and 2 half bathrooms. Natural light streams through 42 oversized sound-proof windows allowing for open views from all four exposures. Architectural elements including 3 wood burning fireplaces, soaring 11” Ft. ceilings, beautifully crafted custom moldings and inlaid custom hardwood floors. The East Wing of the home is composed of four large public rooms that invite the most gracious entertaining along with the comfort of everyday living. The private elevator vestibule opens into the impressive 40 Ft. gallery with custom handmade stenciled wood floors with a stunning guest powder room. Through the grand arched doorways, the 32ft .x 19ft. Park Avenue facing Living Room is anchored by a marble mantled wood burning fireplace. To the south of the Living Room is the handsome, oak-paneled Library with the second of three wood burning fireplaces. Abutting the north side of the Living Room is the enormous 20 Ft. X 25 Ft. formal dining room, easily seating 20 and also centered by a wood burning fireplace. Nearby the large butler’s pantry with a wine cooler and ample storage, adjoins the spacious chef’s kitchen with an 8 burner Viking range, Sub Zero refrigerator and a large eat-in dining area. The South Wing of the home, accessed through the gracious gallery, offers a large media-entertaining room/bedroom with full Bath, in addition to 4 spacious bedrooms, each with ensuite, windowed bathrooms and abundant custom outfitted closets. The corner primary suite, at the end of the private 50 ft. hall, is complemented by an elegant wood paneled dressing room as well as a luxurious walk-in closet and two full bathrooms. The Staff Wing located on connecting floors, includes a windowed laundry room and three staff rooms/home offices and two additional bathrooms. The home is wired for Smart Home Audio and security features with fully upgraded electric. The 9th Floor at 778 Park Avenue is the epitome of Gold Coast living at its finest. One block to upscale Madison Avenue and two blocks to Central Park and Museum Mile. The elegant 778 Park Avenue climbs 18 stories. The Full-Service White Glove Building holds just 18 apartments and occupies what is considered to be the most desirable corner of Park Avenue. The building has bicycle storage, is pet-friendly. There is a 3% Flip Tax paid by the purchaser and annual assessment of $19,283. Co-Exclusive

Last Agent to Sell the Property

Nikki Field

Sothebys International Realty License #30FI0848381 Listed on: 10/09/2023

Sothebys International Realty

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1929

Lot Details

  • 8,939 Sq Ft Lot

HOA Fees

  • $26,435 Monthly HOA Fees

Interior Spaces

  • Wood Burning Fireplace
  • Dining Room
  • Library
  • City Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Listing and Financial Details

  • Legal Lot and Block 0033 / 01388

Community Details

Overview

  • 18 Units
  • High-Rise Condominium
  • Upper East Side Subdivision
  • 20-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Co-Op

Year Built

Built in 1929

Lot Details

0

HOA Fees

$26,435 per month

Listing Details

  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper East Side
  • Directions: West
  • Entry Level: 9
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Coop
  • Stories: 20

Interior Features

  • Interior Features: Eat-in Kitchen, Elevator
  • Appliances: Dryer, Washer/Dryer Stacked, Washer
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area Units: Square Feet
  • Rooms (Total): 16
  • Dining Room Type: Dining Room, Library

Beds/Baths

  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Bathrooms Integer: 9
  • Bedrooms: 6

Exterior Features

  • View: City
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area, Laundry Room, In Unit

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 26435.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 8939.0
  • Lot Size Dimensions: 102.17 x 87.5

Building Info

  • New Construction: No
  • Units: 18
  • Total Stories: 20
  • Year Built: 1929

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None

Tax Info

  • Tax Block: 01388
  • Tax Lot: 0033

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $17,500,000 0.0% $2,692 / Sq Ft
05/02/2024 05/02/24 Sold $17,500,000 -12.5% $2,692 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
02/29/2024 02/29/24 Pending -- -- --
02/05/2024 02/05/24 Price Changed $20,000,000 -20.0% $3,077 / Sq Ft
02/05/2024 02/05/24 For Sale $25,000,000 +25.0% $3,846 / Sq Ft
02/05/2024 02/05/24 Price Changed $20,000,000 0.0% $3,077 / Sq Ft
02/05/2024 02/05/24 For Sale $20,000,000 +14.3% $3,077 / Sq Ft
12/21/2023 12/21/23 Off Market $17,500,000 -- --
12/21/2023 12/21/23 Off Market $17,500,000 -- --
10/10/2023 10/10/23 For Sale $25,000,000 0.0% $3,846 / Sq Ft
10/10/2023 10/10/23 For Sale $25,000,000 -- $3,846 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10939231

Real Estate Board of New York (REBNY)