NOT LISTED FOR SALE

550 Park Ave Unit 17E New York, NY 10065

Upper East Side Neighborhood

Estimated Value: $4,132,000 - $13,651,031

4 Beds
3.5 Baths
4,500 Sq Ft
$1,976/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $13,750,000 $3,056 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $72,194/month

71 Days on Market

Highlights

  • City View
  • 3-minute walk to Lexington Avenue-63 Street
  • Bonus Room with Fireplace
  • East Side Elementary School, P.S. 267 Rated A
  • 11,715 Sq Ft lot
  • Storage

About This Home

As of May 2024

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 to be paid by Buyer.

Last Agent to Sell the Property

Adam Modlin

Modlin Group LLC License #49MO0915281 Listed on: 11/06/2023

Co-Listed By

Andrew Nierenberg

Modlin Group LLC License #10401306799

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1916

Lot Details

  • 0.27 Acre Lot

HOA Fees

  • $14,054 Monthly HOA Fees

Interior Spaces

  • 4,500 Sq Ft Home
  • Double Sided Fireplace
  • Wood Burning Fireplace
  • Bonus Room with Fireplace
  • 3 Fireplaces
  • Storage
  • Laundry in unit
  • City Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • 36 Units
  • Lenox Hill Subdivision
  • 17-Story Property

Listing and Financial Details

  • Property Available on 11/6/23
  • Legal Lot and Block 0037 / 01376

Property Details

Home Type

Co-Op

Year Built

Built in 1916

Lot Details

0

HOA Fees

$14,054 per month

Listing Details

  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lenox Hill
  • Structure Type: None
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 17

Interior Features

  • Interior Features: Elevator, Storage
  • Fireplace Features: Bedroom, Double Sided, Family/Living/Great Room, Primary Bedroom, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 4500.0
  • Living Area Units: Square Feet
  • Rooms (Total): 11

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • View: City, Park/Greenbelt
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 14054.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 11715.0
  • Lot Size Dimensions: 100.42 x 116.67

Building Info

  • New Construction: No
  • Units: 36
  • Total Stories: 17
  • Year Built: 1916

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None
  • Available Date: 2023-11-06

Tax Info

  • Tax Block: 01376
  • Tax Lot: 0037

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $13,750,000 -8.0% $3,056 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
11/06/2023 11/06/23 For Sale $14,950,000 -- $3,322 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Adam Modlin

    Seller's Agent in 2024

    Adam Modlin

    Modlin Group LLC

    (917) 886-4124

    13 in this area

    74 Total Sales

    Adam Modlin
    Section Image
  • Andrew Nierenberg

    Seller Co-Listing Agent in 2024

    Andrew Nierenberg

    Modlin Group LLC

    (212) 965-6000

    4 in this area

    52 Total Sales

    Andrew Nierenberg
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10953075

Real Estate Board of New York (REBNY)

New York New York County New York 10065 Upper East Side

550 Park Ave Unit 17E, New York, NY

This home is located at 550 Park Ave Unit 17E, New York, NY 10065 since 06 November 2023 and is currently estimated at $8,891,516, approximately $1,975 per square foot. This property was built in 1916. 550 Park Ave Unit 17E is a home located in New York County with nearby schools including East Side Elementary School, P.S. 267, Robert F Wagner Middle School, and Clinton School.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

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