LUXURY MEETS LENOX

Uptown near another famous park (Central, that is), a pre-war multifamily building has gone up for sale for the first time indecades, having been owned by the same family for 65 years. The building—737 Park Avenue—was designed by noted architectSylvan Bien in 1940, and is located at the crest of Lenox Hill. (If you want an idea of who your neighbors are, it’s directly across the street from über-exclusive co-ops 720 and 740 Park Avenue.) And there’s plenty of room to move around, with the 103 apartments averaging more than 1,800 SF each. JLL’s Jonathan Caplan, Richard Baxter,Yoron Cohen, and Scott Latham are repping seller Katz 737 Corpon the sale, and say they expect the building to attract widespread interest from both local and global investors.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

Comcast Consolidates To 140K SF In Times Square

ICE Pivot From Warehouse Plan Funnels Cash To Private Prison Owners

Blackstone Vice Chairman Tom Nides On Leadership And The Future Of CRE

Orders To Vacate On The Rise, Leaving Tenants With No Home, No Timeline

Portillo's Lays Off Staff At Oak Brook HQ As It Slows Expansion

California Real Estate Exec Charged In Child-Safety Sting

CRE Leaders Stress Importance Of Adaptability As DFW Continues To Grow

Chicago's Apartment Pipeline Is Slowing, But This Lender Bets On Rehab Instead

HUD Withholds Voucher Funding, Pushing Landlords, Tenants To The Brink

NBC Tower Owner Mulls Conversion: The Chicago Deal Sheet

Snapchat Parent Snags 200K SF Sublease At Penn 2: The N.Y. Deal Sheet

Ken Griffin, Vornado Near Record $3.3B Loan For Park Avenue Supertall