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737 Park Avenue
Macklowe Properties’ 737 Park Avenue is a luxury condo conversion of an Art Deco building that dates back to 1940. The property has been at the center of battles between Macklowe and tenants — with Macklowe attempting to remove rental tenants and with a plastic surgeon claiming that construction work has damaged his office space in the building. The project hit the market in April 2013, and since then more than three quarters of the 60 units have been sold or are in contract. The units currently on the market range in size from 1,360 square feet to 4,345 square feet — and in price from $3.55 million to $22.5 million. Amenities at the Handel Architects- and Moed de Armas & Shannon Architects-designed building include a doorman, a children’s play area, a garden, a caterer’s kitchen, an exercise room and elevator operators. Contact www.737parkavenuenyc.com or 212-545-7370.
NAME | 737 Park Avenue | PRICE RANGE | From $3,550,000 to $22,500,000 |
ADDRESS | 737 Park Avenue | SIZE RANGE | From 1,360 Sq Ft to 4,382 Sq Ft |
TYPE | Conversion | AVG PPSF | $3,401 |
TOTAL UNITS | 60 | TAX ABATEMENT | No |
DEVELOPER | Macklowe Properties | AVG COMMON CHARGE | $1.08/sf |
BROKER | Corcoran Group | FINISHED BY | Fall/Winter 2014 |