Steven Mnuchin’s Park Ave. apartment returns with massive discount

Even US Treasury Secretery Steve Mnuchin is feeling the burn of falling real estate prices.

He has just relisted his apartment at 740 Park Ave. — and slashed the asking price more than 20 percent from when the co-op first went on the market in 2018.

740 Park Ave is one of the city’s poshest addresses.

Mnuchin’s sprawling duplex on the eighth and ninth floors hit the market for $32.5 million two years ago; it was last listed for $27.5 million in 2019. It now has a price tag of $25.75 million.

Mnuchin bought the palatial five-bedroom pad from his aunt, Carol Lederman, around 20 years ago for $10.5 million.

The home comes with a private elevator landing and features high ceilings, a grand layout and multiple woodburning fireplaces.

Famed architect Rosario Candela designed the building, which was developed by Jackie Kennedy Onassis’s grandfather, James Lee.

The listing brokers are Carol Terner Lederman — the former owner of the unit — and her daughter Judy Kloner, both of Warburg Realty. Both brokers declined to comment.



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