See Home Value
$8,750,000
↓ $795K (8.8%)
Co-op - Off Market

550 PARK Avenue #12A

Manhattan, NY 10065
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
$9,554,224
RealtyHop Estimate
9.19%
Since Apr 1, 2022
NY-New York
Primary Model

About This Property

Perched on a high corner in one of Manhattan's most highly sought after luxury buildings, this grand pre-war cooperative boasts generous proportions, soaring ceilings, and breathtaking city skyline views. Designed by the celebrated residential architect, James E.R. Carpenter, 550 Park Avenue has long been regarded for its sophisticated elegance and grandeur, which is immediately apparent upon entering this prized residence.

This residence presents the rare opportunity to truly make the space your own. The current floor plan encompasses the most grand entertaining spaces; however, the original floorplan lists 4 bedrooms and can be altered to fit your needs.

Boasting approx. 4,000 sq. ft., a private elevator leads directly into a sweeping entrance gallery featuring marble floors. The gallery opens to a sprawling formal living room of tremendous size, scale, with several windows that flood the space in natural light. A separate dining room is connected to the living room offering space to easily accommodate a table for 25 or more. There is also a spacious library with open city views. The living room, dining room, and library have beautiful herringbone floors with marble fireplace mantels. The large kitchen can easily accommodate oversized appliances, ideal for a professional chef, and currently features two stovetops, a double oven, and a double-wide refrigerator. A separate laundry room is also connected to the kitchen.  

The master bedroom is tucked away in a separate wing, offering privacy and seclusion. Two windowed marble-clad bathrooms are attached to the master bedroom with an abundance of closet. A second bedroom, staff room, and study are also included on this side of the home, with the second bedroom and staff room each including en-suite baths and a walk-in closet.

Designed in 1917, 550 Park Avenue is a full-service, white-glove doorman building comprised of 17 floors with only two apartments per floor, each line with its own elevator. Resident amenities include a private rooftop and courtyard, separate storage, and laundry room. Pied-a-terres and pets are allowed. Financing is not permitted.
Unit Size
-
Days on Market
402 days
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$12,245
Year Built
1917
Last updated: 2 months ago (RLS #PRCH-3212255)

Price History

Date / Event Date Event Price
Sep 15, 2023 Price Decreased $8,200,000
↓ $795K (8.8%)
Price Decreased
May 17, 2023 Listed by Brown Harris Stevens Residential Sales LLC $8,995,000
Listed by Brown Harris Stevens Residential Sales LLC
Park Ave/62nd St - Massive Prewar 12 on High Floor Ideally situated on the 12th floor of one of J.E.R Carpenter's most prestigious white-glove cooperative buildings, this exceptional 12 room residence, with approximately 4000 square feet, has massive proportions, beautiful prewar details and soaring 10.6 ft ceilings. Light streams in throughout the day through 21 oversized windows spanning all four exposures. A private elevator landing opens into an elegant 25 Ft. gallery which leads to…
Mar 7, 2022 Sold $8,750,000
Sold
Dec 17, 2021 In contract -
In contract
Mar 31, 2021 Price Decreased $8,500,000
↓ $1M (10.5%)
Price Decreased
Show More

Property Highlights

Doorman
Elevator
Garage
With View
Interior Details

Bedroom Information

Bedrooms: 4

Bathroom Information

Full Bathrooms: 4
Half Bathrooms: 1

Interior Information

Interior Features: Separate Formal Dining Room, Entrance Foyer, Eatin Kitchen
Appliances: Dryer, Washer Dryer Allowed, Washer

Room Information

Laundry Features: Common Area
Rooms: 8
Exterior Details

Property Information

Year Built: 1916

Building Information

Pets Allowed: Building Yes, Yes

Lot Information

Lot Size Dimensions: 100.42 x 116.67

Land Information

Tax Block: 01376


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Co-op
4 Beds
5 Baths
-
$9,000,000 Oct 1, 2019
$9,000,000 Jul 22, 2020
$10,244/mo
Condo
4 Beds
4.5 Baths
3,382 ft²
$2,602/ft²
$8,800,000 Oct 21, 2014
- Feb 5, 2021
$6,878/mo
Condo
4 Beds
4.5 Baths
2,755 ft²
$3,394/ft²
$9,350,000 Nov 19, 2013
- Feb 5, 2021
$5,602/mo
Condo
4 Beds
4.5 Baths
2,755 ft²
$3,466/ft²
$9,550,000 Apr 28, 2014
- Feb 5, 2021
$5,606/mo
Condo
4 Beds
4.5 Baths
2,755 ft²
$3,539/ft²
$9,750,000 Jun 24, 2012
- Feb 5, 2021
$5,389/mo
Condo
4 Beds
4 Baths
3,001 ft²
$2,266/ft²
$6,800,000 Jul 11, 2016
$6,800,000 Sep 6, 2017
$6,377/mo
Co-op
4 Beds
5 Baths
4,000 ft²
$2,050/ft²
$8,200,000 May 17, 2023
-
$12,994/mo
Condo
4 Beds
5 Baths
3,316 ft²
$2,488/ft²
$8,250,000 Jan 7, 2024
-
$7,968/mo
Condo
4 Beds
4 Baths
2,698 ft²
$2,687/ft²
$7,250,000 Feb 6, 2023
-
$6,582/mo
Condo
4 Beds
6 Baths
2,700 ft²
$3,889/ft²
$10,500,000 Aug 15, 2023
-
$7,942/mo
Townhouse
4 Beds
4 Baths
4,500 ft²
$1,833/ft²
$8,250,000 Apr 12, 2023
-
$7,220/mo
Townhouse
4 Beds
4 Baths
4,000 ft²
$1,750/ft²
$7,000,000 May 5, 2023
-
$6,940/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220913 Unit 11W
09/13/2022
11W
3 Bed
4 Bath
-
$7,250,000
bedrooms
3 Bed
bathrooms
4 Bath
$6,672,500 -7.97%
09/14/2023
Patricia Isen
Douglas Elliman Real Estate
20220613 Unit 10THFLOOR
06/13/2022
5 Bed
8 Bath
-
$25,000,000
bedrooms
5 Bed
bathrooms
8 Bath
-
-
-
John Wollberg
Side Inc.
20210129 Unit 12A
01/29/2021
12A
4 Bed
5 Bath
-
$9,500,000
bedrooms
4 Bed
bathrooms
5 Bath
$8,750,000 -7.89%
03/07/2022
-
Serena Boardman
Sotheby's International Realty, Inc.
20171114 Unit 16AE
11/14/2017
2 Bed
2 Bath
-
-
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
-
20161011 Unit 17E
10/11/2016
17E
4 Bed
3.5 Bath
-
$19,500,000
bedrooms
4 Bed
bathrooms
3.5 Bath
-
-
-
John Sheets
Brown Harris Stevens Residential Sales LLC
20150130 Unit 12W
01/30/2015
12W
3 Bed
3 Bath
-
$6,800,000
bedrooms
3 Bed
bathrooms
3 Bath
$6,800,000
04/07/2015
Alexa Lambert
Stribling & Associates Ltd
20140428 Unit 5W
04/28/2014
5W
3 Bed
3.5 Bath
-
$5,800,000
bedrooms
3 Bed
bathrooms
3.5 Bath
$5,800,000
03/30/2015
Edith Tuckerman
Brown Harris Stevens Residential Sales LLC
20140108 Unit 7W
01/08/2014
7W
3 Bed
3 Bath
3192 ft²
$4,500,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
3192 ft²
$4,500,000
12/22/2014
Joanne Douglas
Douglas Elliman Real Estate

Building Info

550 Park Ave. Corp 550 Park Avenue, New York, NY 10065
  • 36 Units
  • 3 Units for Sale
More about this Building
550 Park Avenue
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