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  • $13,750,000

    550 Park Ave Fl 17E, New York, NY 10065

    4beds
    4,500sqft
    Coop
    Built in 1917
    -- sqft lot
    $-- Zestimate®
    $3,056/sqft
    $40,419 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $40,419/mo

    Zestimate® history
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    What's special

    Occupying the entire top floor of 550 Park Avenue and showcasing unparalleled city and Central Park views, this show-stopping, 4500 sq.ft. masterpiece represents the pinnacle of design meeting form and function. Offering 90’ of Park Avenue frontage and soaring ceilings, this four bedroom, three and a half bathroom corner residence recently underwent a renovation that resulted in the addition of contemporary comforts and cutting edge technologies, while painstakingly maintaining original details and classic, quiet luxuries. This is a rare offering for only the most discriminating and rarified connoisseur. From the private, antique-mirrored landing, you are welcomed into the nexus of the home – a chic foyer enveloped in a glossy, glowing gray lacquer. Opening onto both the private and public spaces, this gallery features a stunningly-lit marble-clad powder room and an oversized coat closet. Through two distinguished raised doorways, the 63’ long entertaining space is composed of a palatial living room with a marble-mantled, wood-burning fireplace that flows seamlessly to an enormous dining room, both with unobstructed Upper East Side views. Outfitted with custom Boffi cabinetry and honed Black Cosmic granite countertops, the windowed chef’s kitchen boasts a suite of state-of-the-art Gaggenau and SubZero appliances, as well as a separate dining area. Custom Metalform Studio steel doors lead to a spacious serving kitchen that features more Gaggenau appliances, including two full-height wine refrigerators, and a gorgeously designed wet bar. With sweeping Park Avenue views, the primary suite is the epitome of elegance and comfort. A double-sided wood/burning fireplace separates the bedroom from a sophisticated sitting room. A huge dressing room with endless closets leads into a jaw-dropping, windowed ensuite bathroom clad in Keystone Aurora and Plumeria marble, and featuring an oversized floating bathtub, separate glassed-in shower and double vanity with Waterworks fixtures. The spacious second bedroom provides east and south exposures, while a third bedroom boasts Central Park views, as well as a wood-burning fireplace. A shared en-suite bathroom clad in Keystone Aurora and Arabescato marble features an enormous spa shower and brass Waterworks fixtures. The fourth and fifth bedrooms share a handsome Comet and Bardiglio Dark marble clad bathroom, and either could be re-appropriated as a home office. A laundry area with Miele washer/dryer, multi-zoned central air, a Lutron lighting system, radiant heat flooring and a Sonos music system round out the comforts of this incredible home. Completed in 1917, 550 Park Avenue is a luxury pre-war cooperative located on the southwest corner of Park Avenue and 62nd Street. Designed by J.E.R. Carpenter, it is famous for its chic, elegant and grand layouts adorned with pre-war details. A white glove, full-service building, 550 Park Ave. is located in close proximity to Central Park and finest Madison & Fifth Avenue shopping and restaurants. 2% Flip Tax, paid by Buyer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Adam Modlin,

    Modlin Group,

    Andrew Nierenberg

    Source: StreetEasy,MLS#: S1688697

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Appliances
    • Included: Washer/Dryer
    Features
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 4,500
    • Total interior livable area: 4,500 sqft

    Property

    Features
    • Has view: Yes
    • View description: City, Park/Greenbelt, Skyline
    Details
    • Parcel number: 01376003717E
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: Cooperative
    • Property subtype: Coop
    Condition
    • Year built: 1917

    Community & HOA

    Community
    • Features: Doorman, Full Time Doorman
    • Security: Doorman, Full-Time Doorman
    • Subdivision: Lenox Hill
    HOA
    • Has HOA: Yes
    • Amenities included: Elevator(s)
    • Services included: Maintenance
    • HOA fee: $14,054 monthly
    Location
    • Region: New York

    Financial & listing details

    • Price per square foot: $3,056/sqft
    • Tax assessed value: $39,148,000
    • Annual tax amount: $1,959,157
    • Date on market: 11/6/2023

    Price history

    DateEventPrice
    5/1/2024Sold$13,750,000-8%$3,056/sqft
    Source: StreetEasy #S1688697 Report a problem
    1/17/2024Pending sale$14,950,000$3,322/sqft
    Source: StreetEasy Report a problem
    11/6/2023Listed for sale$14,950,000-3.5%$3,322/sqft
    Source: StreetEasy Report a problem
    7/3/2023Listing removed--
    Source: StreetEasy Report a problem
    8/18/2022Price change$15,500,000-7.5%$3,444/sqft
    Source: StreetEasy Report a problem
    2/4/2022Listed for sale$16,750,000+11.7%$3,722/sqft
    Source: StreetEasy Report a problem
    11/14/2017Sold$15,000,000$3,333/sqft
    Source: StreetEasy #S1269381 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2019-- --
    2018$1,959,157 $17,616,600 +4.5%
    2017-- $16,855,200
    Find assessor info on the county website

    Neighborhood: Upper East Side

    Nearby schools

    GreatSchools rating