The Real Deal New York

Former Goldman partner scoops up 740 Park duplex

October 05, 2012 05:30PM

  • Print

The exterior of 740 Park and shots of the unit

Jonathan Sobel, an investor and former partner at Goldman Sachs, has purchased a home inside the exclusive white-glove co-op at 740 Park Avenue. The combined unit, #4/5C sold for $19.25 million, though the New York Times, which first reported the sale, said it traded for a higher price.

The unit inside the Rosario Candela-designed building measures 6,700 square feet and originally hit the market in August 2008 for $35 million, Streeteasy.com shows. Early in 2009, the price was cut to $26 million; then in early 2011, the price went down to $23 million.

Meredyth Smith and Serena Boardman at Sotheby’s International Realty had the listing for the home. The home has 15 rooms, four of which are bedroom and 4.5 of which are bathrooms, according to the listing. The home also has a private elevator landing, a grand staircase and a walnut-paneled library.

The home previously belonged to Randolph Speight, who served as the president of 740 Park’s co-op board, which famously turned down Barbra Streisand and Barbara Walters. [NYT]

MENU

Subscribe to our email newsletters

New York Real Estate News
South Florida Real Estate News