New York City » 10021 » Park Ave » 740 Park Ave

The 740 Corporation - 740 Park Avenue, New York, NY 10021 - Property report

Also known as: 37-75 E 71st St

Property image for The 740 Corporation - 740 Park Avenue, New York, NY 10021

Property type

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Year built

1930

Lot sq. ft.

22,476

General information

Address

Building name

The 740 Corporation

Primary address

The 740 Corporation - 740 Park Avenue

Alternate address(es)

37-75 E 71st St
740-742 Park Ave

ZIP code

10021

Neighborhood

Lenox Hill

Borough

Manhattan

Block & lot

01386-0033

Building

Property type

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Building sq. ft.

273,583

Building dimensions

100 ft x 217 ft

Buildings on lot

Stories

Year built

1930

Last altered

2019

Tax

Tax year

2026-2027

Property tax

$4,745,748

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Park Avenue (wide)
East 71 Street (narrow)
East 72 Street (wide)

Distance to wide street

Lot dimensions

102.17 ft x 220 ft

Lot sq. ft.

22,476

Area overview

Walk score

97 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

79 /100. Very Bikeable

School district

Community district

Closest police station

0.23 Miles

Closest fire station

0.22 Miles

View more such as transportation, nearby schools and risk designations.

Units for The 740 Corporation - 740 Park Avenue, New York, NY

Unit	Sale date	Sale price
Unit 10A
Unit 10B	10/12/2007
Unit 10C	12/28/2012
Unit 11A
Unit 11C	10/12/2023
Unit 11D	12/15/2016
Unit 12C
Unit 12C-13C	05/04/2012
Unit 12C/13C, D
Unit 12D
Unit 13B	08/19/2014
Unit 13C
Unit 13D
Unit 17B	06/26/2019
Unit 1C	05/26/2021
Unit 1D	09/15/2017
Unit 2B
Unit 2C-3C	10/21/2022
Unit 2D-3D	07/28/2016
Unit 4A-5A	01/29/2008
Unit 4B-5B	02/07/2025
Unit 4C-5C	08/31/2012
Unit 4D-5D	04/07/2026
Unit 6A-7A	07/13/2017
Unit 6C-7C	07/17/2025
Unit 6D
Unit 6D-7D	12/11/2021
Unit 8A
Unit 8A-9A	07/22/2021
Unit 8D-9D	07/27/2017
Unit 9A
Unit AB	04/19/2005
Unit COMM	05/04/2018
Unit COMMB	03/13/2017
Unit MDS56
Unit PHD	12/18/2023

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.

Ownership

Ownership information for The 740 Corporation - 740 Park Avenue, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for The 740 Corporation - 740 Park Avenue, New York, NY 10021

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
09/18/2024 - R	UCC3 Termination (2024091700932001)	XXX XXX XXXXXXXXXXX	XXXXX XXXXXXXX XXXX
03/27/2024 - R 03/21/2024 - D	Assignment, Mortgage (2024032601047002)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
03/27/2024 - R 03/21/2024 - D	Assignment, Mortgage (2024032601047001)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
02/19/2021 - R	UCC3 Termination (2021021801356006)	XXX XXX XXXXXXXXXXX	XXXXXX XXXXXXXX XXXX
02/17/2021 - R	Initial UCC1 (2021021700163001)	XXX XXX XXXXXXXXXXX	XXXXX XXXXXXXX XXXX
02/19/2021 - R 02/16/2021 - D	Assignment of Leases and Rents (2021021801356004)	XXX XXX XXXXXXXXXXX	XXXXX XXXXXXXX XXXX
02/19/2021 - R 02/16/2021 - D	Agreement (2021021801356003)	XXX XXX XXXXXXXXXXX	XXXXX XXXXXXXX XXXX
02/19/2021 - R 02/16/2021 - D	Mortgage (2021021801356002)	XXX XXX XXXXXXXXXXX	XXXXX XXXXXXXX XXXX
02/19/2021 - R 02/04/2021 - D	Termination of Assign of L&R (2021021801356005)	XXXXXX XXXXXXXX XXXX	XXX XXX XXXXXXXXXXX
02/19/2021 - R 02/04/2021 - D	Assignment, Mortgage (2021021801356001)	XXXXXX XXXXXXXX XXXX	XXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for The 740 Corporation - 740 Park Avenue, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$4,745,748

Municipal exemptions

Recent tax assessments

Market value

$96,491,000

Assessed value

$43,420,950

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$96,476,000	$43,414,200	$42,401,667	12.439%	$5,274,343	$4,734,697	-4.95%
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%
2019/20	$91,371,000	$41,116,950	$39,268,082	12.473%	$4,897,908	$4,897,908	+8.92%
2018/19	$92,438,000	$41,597,100	$35,654,190	12.612%	$4,496,706	$4,496,706	+7.07%
2017/18	$88,053,000	$39,623,850	$33,020,770	12.719%	$4,199,912	$4,199,912	+2.36%
2016/17	$91,399,000	$41,129,550	$31,827,910	12.892%	$4,103,254	$4,103,254	+4.42%

Permits

Permit information for The 740 Corporation - 740 Park Avenue, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
08/20/2026	Alteration
08/12/2026	Alteration
08/10/2026	Alteration
07/13/2026	Alteration
06/29/2026	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	10/26/2016	I

*Most recent HPD violation on record for this property.

Neighborhood

Upper East Side, Carnegie Hill residential market stats

Access a detailed real estate market overview of Upper East Side, Carnegie Hill so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Upper East Side, Carnegie Hill and compare it to other neighborhoods in Manhattan.

Median sale price

—

Median price/sq. ft.

—

Manhattan median sale price

$1,260,000

5.4% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Lexington Ave & 68th St at NW Corner

Station lines

Distance (miles)

0.2

View subway map

Access the detailed traffic volume map for The 740 Corporation - 740 Park Avenue, New York, NY 10021 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
East Side Elementary School, PS 267	9	Yes	Public	K-5	362	0.49
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
The Allen-Stevenson School	NR	No	Private	K-8	421	0.35
Ella Baker School	7	No	Public	PK, K-8	337	0.46
Ella Baker School	7	No	Public	PK, K-8	337	0.46

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Jhs 167 Robert F Wagner	8	Yes	Public	6-8	1,019	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
The Birch Wathen Lenox School	NR	No	Private	K-12	541	0.39
Ella Baker School	7	No	Public	PK, K-8	337	0.46

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
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
Urban Academy Laboratory High School	1	No	Public	9-12	135	0.46
Manhattan International High School	1	No	Public	9-12	352	0.46
Vanguard High School	5	No	Public	9-12	421	0.46

Nearby ZIP codes for The 740 Corporation - 740 Park Avenue, New York, NY

10017, New York City, NY 10022, New York City, NY 10028, New York City, NY 10044, New York City, NY 10065, New York City, NY 10075, New York City, NY 10103, New York City, NY 10128, New York City, NY 10152, New York City, NY 10154, New York City, NY 10162, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10171, New York City, NY 10172, New York City, NY 10177, New York City, NY 11109, New York City, NY

Frequently asked questions

What is the year built for The 740 Corporation - 740 Park Avenue, New York, NY 10021?

The development at The 740 Corporation - 740 Park Avenue, New York, NY 10021 was built in 1930.

What is the total square footage of The 740 Corporation - 740 Park Avenue, New York, NY 10021?

The 740 Corporation - 740 Park Avenue, New York, NY 10021 has a total of 273,583 square feet.

What is the assessed value of The 740 Corporation - 740 Park Avenue, New York, NY 10021?

The 740 Corporation - 740 Park Avenue, New York, NY 10021 is currently assessed at $43,420,950.

What are the property taxes for The 740 Corporation - 740 Park Avenue, New York, NY 10021?

The property taxes for The 740 Corporation - 740 Park Avenue, New York, NY 10021 total $5,309,792.

How many residential units does this building have?

This building has 33 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.