PENDING
$405K PRICE DROP
550 Park Ave Unit 3W New York, NY 10065
Upper East Side NeighborhoodEstimated payment $40,804/month
Total Views
2,210
4
Beds
3.5
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- 1 Fireplace
- 3-minute walk to Lexington Avenue-63 Street
- Crown Molding
- East Side Elementary School, P.S. 267 Rated A
- High Ceiling
- Recessed Lighting
About This Home
Welcome to an exceptional opportunity to reside in one of Manhattan's most prestigious addresses at 550 Park Ave. This exquisite residence offers an expansive layout featuring four spacious bedrooms and three and a half bathrooms, perfectly designed for comfort and elegance.
A private elevator landing leads you into this 9-room home where a gracious entry hall unveils an exquisite residence designed by the renowned architect, Costas Kondylis.
The apartment boasts 11-foot ceilings and oversized windows, offering views to the north of the iconic Colony Club and a glimpse of the Park Avenue malls. A formal dining room and living area stretch to nearly 50’ of frontage over tree lined 62nd street, which lends itself perfectly for entertaining or simply indulging in the depth of the rooms. The living room has a wood-burning fireplace, stunning hardwood floors, and room for multiple seating areas. The grandly scaled dining room blends seamlessly into the living space and can host lavish parties with unlimited seating . The beautifully appointed library off the living room also has a wood burning fireplace.
As you make your way through to the sleeping quarters, the primary suite is a serene retreat with a western exposure and offers generous closet space, seating area and an en-suite bathroom. The additional 3 bedrooms provide flexibility for family, guests, or additional workspace.
A separate eat-in, windowed refurbished kitchen features a butler's pantry ideal for any culinary endeavor as well as a separate breakfast room. There is also a washer/dryer in the unit.
With northern, southern, eastern, and western exposures, the apartment is bathed in natural light throughout various times. Additional luxuries include a dressing area, powder room, and a convenient in-unit washer/dryer.
Completed in 1917, 550 Park Avenue is one of Manhattan's preeminent luxury pre-war cooperatives located on the southwest corner of Park Avenue and 62nd Street. Designed by J. E. R. Carpenter, it is famous for its elegant and grand layouts adorned with pre-war details. A full-service building, 550 Park Ave. is located in close proximity to Central Park and the Madison & Fifth Avenue shopping and restaurants. 50% financing permitted and there is a 3% flip tax paid by the buyer.
Property Details
Home Type
- Co-Op
Year Built
- Built in 1917
Lot Details
- Private Entrance
HOA Fees
- $8,223 Monthly HOA Fees
Interior Spaces
- Crown Molding
- High Ceiling
- Recessed Lighting
- Chandelier
- 1 Fireplace
- Laundry in unit
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- No Cooling
- No Heating
Community Details
- 36 Units
- High-Rise Condominium
- Lenox Hill Subdivision
- 17-Story Property
Listing and Financial Details
- Tax Block 01376
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | Pending | -- | -- | -- |
| 07/29/2025 07/29/25 | Off Market | $4,995,000 | -- | -- |
| 07/15/2025 07/15/25 | Pending | -- | -- | -- |
| 07/15/2025 07/15/25 | Off Market | $4,995,000 | -- | -- |
| 07/08/2025 07/08/25 | Pending | -- | -- | -- |
| 07/08/2025 07/08/25 | Off Market | $4,995,000 | -- | -- |
| 07/01/2025 07/01/25 | For Sale | $4,995,000 | 0.0% | -- |
| 07/01/2025 07/01/25 | Off Market | $4,995,000 | -- | -- |
| 06/24/2025 06/24/25 | For Sale | $4,995,000 | 0.0% | -- |
| 06/24/2025 06/24/25 | Off Market | $4,995,000 | -- | -- |
| 06/17/2025 06/17/25 | For Sale | $4,995,000 | 0.0% | -- |
| 06/17/2025 06/17/25 | Off Market | $4,995,000 | -- | -- |
| 06/10/2025 06/10/25 | For Sale | $4,995,000 | 0.0% | -- |
| 06/10/2025 06/10/25 | Off Market | $4,995,000 | -- | -- |
| 06/03/2025 06/03/25 | For Sale | $4,995,000 | 0.0% | -- |
| 06/03/2025 06/03/25 | Off Market | $4,995,000 | -- | -- |
| 05/20/2025 05/20/25 | For Sale | $4,995,000 | 0.0% | -- |
| 05/20/2025 05/20/25 | Off Market | $4,995,000 | -- | -- |
| 05/13/2025 05/13/25 | For Sale | $4,995,000 | 0.0% | -- |
| 05/13/2025 05/13/25 | Off Market | $4,995,000 | -- | -- |
| 05/06/2025 05/06/25 | For Sale | $4,995,000 | 0.0% | -- |
| 05/06/2025 05/06/25 | Off Market | $4,995,000 | -- | -- |
| 04/29/2025 04/29/25 | For Sale | $4,995,000 | 0.0% | -- |
| 04/29/2025 04/29/25 | Off Market | $4,995,000 | -- | -- |
| 04/15/2025 04/15/25 | For Sale | $4,995,000 | 0.0% | -- |
| 04/15/2025 04/15/25 | Off Market | $4,995,000 | -- | -- |
| 04/08/2025 04/08/25 | Price Changed | $4,995,000 | -7.5% | -- |
| 04/05/2025 04/05/25 | For Sale | $5,400,000 | 0.0% | -- |
| 04/05/2025 04/05/25 | Off Market | $5,400,000 | -- | -- |
| 03/22/2025 03/22/25 | For Sale | $5,400,000 | 0.0% | -- |
| 03/22/2025 03/22/25 | Off Market | $5,400,000 | -- | -- |
| 03/15/2025 03/15/25 | For Sale | $5,400,000 | 0.0% | -- |
| 03/15/2025 03/15/25 | Off Market | $5,400,000 | -- | -- |
| 03/08/2025 03/08/25 | For Sale | $5,400,000 | 0.0% | -- |
| 03/08/2025 03/08/25 | Off Market | $5,400,000 | -- | -- |
| 02/24/2025 02/24/25 | For Sale | $5,400,000 | -- | -- |
Source: Real Estate Board of New York (REBNY)
Similar Homes in New York, NY
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20005070
APN: 01376-00373W
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