Big time financier’s inheritors sell his posh Park Avenue penthouse for $20-plus million

Back in the 70s Banker Herbert Allen Sr., one of the most affluent businessmen on Wall Street at the time, purchased the Upper East Side penthouse at 733 Park Avenue for $526,500, which has recently been sold for $2o million.

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The foyer features two-floor windows and a spiral staircase connecting the 30th and 31st floors of the penthouse. The duplex three-bedroom pad boasts a private elevator, an all- marble bathroom, a unique hand-laid parquet floor and three magnificent landscaped terraces covering 1,250 square foot. The behemoth bedrooms feature large windows overlooking awesome views of Central Park – actually no other building from Park Avenue offers such views since this is the tallest residential building on this street.

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The living room, which looks out onto a terrace, boasts antique parquet de Versailles floors and a wood burning fireplace. The dining room has antique furniture, a large window looking out on Manhattan’s gorgeous skyscrapers and a double glass door opening to a landscaped terrace. There is also a library with its own terrace, fireplace and parquet floor. The ‘country’ kitchen, equipped with high-end appliances, includes an eat-in area. The master bedroom upstairs features a super-sized dressing room, a splendid marble master bathroom, a shower stall and double vanity.

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Would you think the penthouse is too high-priced? Well, think twice. One of the Allens’s fabulous paintings, a Monet Water Lily, was recently auctioned off by Christie’s for $43.5 million!

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