$2,980,000
PENDING

Estimated payment $27,039/month

3 Beds
3.5 Baths
3,500 Sq Ft
$851 Price per Sq Ft

Highlights

  • City View
  • 3-minute walk to Lexington Avenue-63 Street
  • Cooling Available
  • East Side Elementary School, P.S. 267 Rated A
  • 1 Fireplace
  • Community Storage Space

About This Home

Set within one of Park Avenue's most storied cooperatives, this grand eight-room residence blends timeless pre-war architecture with the bold, expressive spirit of 1970s design.

A private elevator landing opens to a sweeping marble-clad gallery, where 11-foot ceilings, soaring proportions, and streaming natural light immediately set a luminous tone.

The nearly 50-foot-long living and dining room offers dramatic scale, framed by oversized windows that capture serene treetop views of the Colony Club. A sunken living area - a signature of 1970s interiors - creates a relaxed yet dynamic flow, while a cozy library nook anchored by a wood-burning fireplace adds an intimate counterpoint.

Designed for modern entertaining, the chef's kitchen features an industrial Garland range, a professional-grade refrigerator, and a spacious butler's pantry. French-inspired details and the industrial scale of the appliances bring both warmth and gravitas to the space.

A discreet powder room completes the entertaining wing.

The private quarters include a corner primary suite with a large walk-in closet and a luxurious en-suite bath with a soaking tub and double vanity. A secondary bedroom offers a rare retreat: an en-suite bath with a cedar-lined sauna and a Japanese soaking tub. A third bedroom with en-suite bath and a flexible staff room complete the layout.

With its distinctive sunken living room, rich materiality, and original architectural bones, the residence offers extraordinary potential to reimagine and modernize - whether embracing its vintage soul or layering in new, contemporary elements.

Built in 1917 by legendary architect James E.R. Carpenter, 550 Park Avenue remains one of Manhattan's most prestigious cooperatives, offering white-glove service, up to 50% financing, and a 3% flip tax paid by the buyer..

Listing Agent

Patricia Isen

Douglas Elliman Real Estate License #10401292424 Listed on: 04/30/2025

Douglas Elliman Real Estate

Co-Listing Agent

Betsy S Green

Douglas Elliman Real Estate License #30GR0994633

Co-Listing Agent

Jacqueline Kinghan

Douglas Elliman Real Estate License #10401378040

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1917

HOA Fees

  • $7,853 Monthly HOA Fees

Interior Spaces

  • 3,500 Sq Ft Home
  • 1 Fireplace
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Utilities

  • Cooling Available

Listing and Financial Details

  • Legal Lot and Block 0037 / 01376

Community Details

Overview

  • 35 Units
  • High-Rise Condominium
  • 550 Park Ave Corp Condos
  • Lenox Hill Subdivision
  • 17-Story Property

Amenities

  • Community Storage Space

Property Details

Home Type

Co-Op

Year Built

Built in 1917

Lot Details

0

HOA Fees

$7,853 per month

Listing Details

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

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3500.0
  • Living Area Units: Square Feet
  • Rooms (Total): 8
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, In Unit
  • Green Building Features: Storage
  • Cooling: Varies by Unit
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 7853.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative

Building Info

  • New Construction: No
  • Building Name: 550 Park Ave Corp
  • Units: 35
  • Total Stories: 17
  • Year Built: 1917

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01376
  • Tax Lot: 0037

Map

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
06/19/2025 06/19/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $2,980,000 -- $851 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20032176

Real Estate Board of New York (REBNY)