737 Park Avenue

New York /
Jul.July 10, 2014 12:16 PM

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.

NAME737 Park AvenuePRICE RANGEFrom $3,550,000 to $22,500,000
ADDRESS737 Park AvenueSIZE RANGEFrom 1,360 Sq Ft to 4,382 Sq Ft
TYPEConversionAVG PPSF$3,401
TOTAL UNITS60TAX ABATEMENTNo
DEVELOPERMacklowe PropertiesAVG COMMON CHARGE$1.08/sf
BROKERCorcoran GroupFINISHED BYFall/Winter 2014
Source: Streeteasy, BuzzBuzzHome, TRD, news reports. Data as of early July. List primarily includes Manhattan condo projects that have started sales since Jan. 1, 2010 that have units on market. Projects that started sales since Jan. 1, 2010 that subsequently sold out, have all units in contract or don’t currently have any listings on the market were excluded in most cases. “Price range,” “Size range,” “Avg PPSF (Price Per Square Foot)” and “Common Charge” refer to units currently for sale.

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