The 740 Corporation - 740 Park Avenue, New York, NY 10021 Property Information
The 740 Corporation - 740 Park Avenue, New York, NY 10021 Property Information
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Address
Building name | The 740 Corporation |
Primary address | The 740 Corporation - 740 Park Avenue |
Secondary address | 37-75 E 71st St |
Neighborhood | Lenox Hill |
Zip code | 10021 |
Borough | Manhattan |
Block & lot | 01386-0033 |
Sales & Tax Overview for 740 Park Avenue, New York
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
Tax class | Register |
Estimated property tax | $4,766,169 |
Lot & Building Information for 740 Park Avenue, New York
Lot sqft | 22,476 |
Lot dimensions | |
Building class | Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4) |
Building sqft | 273,583 |
Building dimensions | |
Buildings on lot | 1 |
Stories | 19 |
Year built | 1930 |
Year last altered | 2019 |
Frontage(s) | East 71 Street(narrow) Park Avenue(narrow) Metro North-Connecting Rail Line(narrow) |
Nearest wide street | East 72 Street |
Distance to wide street | Register |
Area Overview
School district | 2 |
Community district | 8 |
Closest police station | 0.23 Miles |
Closest fire station | 0.22 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Building Description
Located two blocks east of Central Park, this 19-story luxury co-op building has just 33 units. Built in 1930, it was developed by James T. Lee, grandfather of future first lady Jacqueline Kennedy Onassis and designed by Rosario Candela - famous for his home designs along both Park and Fifth Avenues - and Arthur Loomis Harmon, co-architect of the Empire State Building. 740 Park Avenue boasts 273,533 square feet, giving its few residences plenty of room - one suite boasts a full 20,000 square feet on its own.
With its prominent address, the building obviously sits squarely in the middle of one of the trendiest shopping areas in the entire world. Its doormen, concierges and staff work 24 hours a day, and the spacious apartments feature high ceilings, private entrances, hardwood floors, fireplaces, and formal dining rooms. Cats and dogs are allowed, and for children, PS 267 is located just 0.6 miles away.
Other Property Data for 740 Park Avenue, New York
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 37-75 E 71st St, New York, NY 10021
- 740-742 Park Ave, New York, NY 10021
About 740 Park Avenue, New York
The 740 Corporation - 740 Park Avenue, New York, NY 10021 was built in 1930 and has a total of 273,583 square feet.
What is the assessed value of The 740 Corporation - 740 Park Avenue, New York, NY 10021 and the property tax paid?Assessed at $44,856,900, the tax amount paid for The 740 Corporation - 740 Park Avenue, New York, NY 10021 is $4,981,385. For the next year, the tax amount for The 740 Corporation - 740 Park Avenue, New York, NY 10021 is estimated at $4,766,169.
How many residential units does this building have?This building has 33 residential unit(s) and 7 commercial spaces.
Ownership Information for 740 Park Avenue, New York
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Past Sales & Property History for 740 Park Avenue, New York
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No recorded sales for this property.
Title Documents for 740 Park Avenue, New York
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R: Recorded date
D: Document date
Property Taxes for 740 Park Avenue, New York
Access detailed property tax data for The 740 Corporation - The 740 Corporation - 740 Park Avenue, New York, NY 10021. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
Tax year: | 2024-2025 |
Property tax: | $4,981,386 |
Estimated property tax: | $4,766,169 |
Tax assessor's market value: | $99,682,000 |
Assessed value: | $44,856,900 |
Assessment History for 740 Park Avenue, New York
Here's the assessment & property tax history for 740 Park Avenue, New York, including the evolution of the total tax rate and corresponding property tax.
Year | Market value | Assessed value | Taxable | Tax rate% | Base tax | Property tax | Year over year change |
---|---|---|---|---|---|---|---|
2024/25 | $99,682,000 | $44,856,900 | $44,123,399 | 12.5% | $5,515,425 | $4,981,300 | -0.58% |
2023/24 | $99,359,000 | $44,711,550 | $44,298,093 | 12.502% | $5,538,148 | $5,010,416 | +7.09% |
2022/23 | $95,522,000 | $42,984,900 | $42,984,900 | 12.267% | $5,272,958 | $4,678,613 | +3.37% |
2021/22 | $93,000,000 | $41,850,000 | $41,850,000 | 12.235% | $5,120,348 | $4,526,003 | -9.84% |
2020/21 | $93,942,000 | $42,273,900 | $40,924,299 | 12.267% | $5,020,184 | $5,020,184 | +2.50% |
Permits for 740 Park Avenue, New York
The complete history of permits filed for 740 Park Avenue, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
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Lenox Hill Residential Market Stats
Access a detailed real estate market overview of Lenox Hill so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Lenox Hill and compare it to other neighborhoods in Manhattan.
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Risk
FEMA flood zone(s): | X (See more on map) |
Transportation
Distance to Subway
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Closest station | Lexington Ave & 68th St at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Station lines | 6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Distance (miles) | 0.2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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Name | E 72 St/Madison Av | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Line | M72 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Distance (miles) | 0.047 |
Schools
Nearest elementary schools
Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
---|---|---|---|---|---|---|
East Side Elementary School, PS 267 | 10 | Yes | Public | K-5 | 413 | 0.48 |
Buckley School | NR | No | Private | K-9 | 374 | 0.13 |
The Hewitt School | NR | No | Private | K-12 | 522 | 0.21 |
Rabbi Arthur Schneier Park East Day School | NR | No | Private | PK-8 | 264 | 0.26 |
Rabbi Arthur Schneier Park East Day School | NR | No | Private | PK-8 | 264 | 0.26 |
Nearest middle schools
Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
---|---|---|---|---|---|---|
Jhs 167 Robert F Wagner | 9 | Yes | Public | 6-8 | 1,378 | 0.36 |
Buckley School | NR | No | Private | K-9 | 374 | 0.13 |
The Hewitt School | NR | No | Private | K-12 | 522 | 0.21 |
Rabbi Arthur Schneier Park East Day School | NR | No | Private | PK-8 | 264 | 0.26 |
The Allen-Stevenson School | NR | No | Private | K-8 | 421 | 0.35 |
Nearest high schools
Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
---|---|---|---|---|---|---|
Manhattan High School For Girls | NR | No | Private | 9-12 | 204 | 0.18 |
Dominican Academy | NR | No | Private | 9-12 | 0 | 0.18 |
Dominican Academy | NR | No | Private | 9-12 | 218 | 0.18 |
The Hewitt School | NR | No | Private | K-12 | 522 | 0.21 |
St. Jean Baptiste High School | NR | No | Private | 9-12 | 338 | 0.27 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Neighbors for 740 Park Avenue, New York
Here are the neighbors for The 740 Corporation - The 740 Corporation - 740 Park Avenue, New York, NY 10021.
Address | Square feet | Purchase date | Purchase price |
---|---|---|---|
19 E 71st St, New York | 9,120 | 03/10/1997 | |
750 Park Ave, New York | 72,792 | 03/18/1980 | |
28 E 72nd St, New York | 5,353 | 07/09/2015 | $12,000,000 |
18 E 72nd St, New York | 11,496 | 09/14/1972 | |
13 E 71st St, New York | 7,406 | 04/15/2010 | $16,750,000 |
20 E 72nd St, New York | 10,960 | 08/22/2011 | |
16 E 72nd St, New York | 11,190 | 06/27/2001 | |
12 E 72nd St, New York | 15,416 | 10/03/2009 | |
872 Madison Ave, New York | 14,074 | 02/18/2015 | |
11 E 71st St, New York | 10,642 | 09/17/2010 | |
9 E 71st St, New York | 18,814 | 06/22/2023 | $65,603,057 |
900 5th Ave, New York | 170,106 | ||
30 E 72nd St, New York | 64,874 | 03/01/1967 | |
861 Madison Ave, New York | 37,046 | ||
36 E 72nd St, New York | 63,296 | ||
17 E 71st St, New York | 9,420 | 10/27/2014 | $28,000,000 |
15 E 71st St, New York | 8,194 | ||
867 Madison Ave, New York | 27,720 | 04/15/2005 | $78,750,000 |
888 Madison Ave, New York | 37,525 | 11/01/2012 | |
3 E 71st St, New York | 80,860 |