by RH Advisors

See Home Value
$20,000,000
Co-op - Off Market

550 Park Avenue #10FL

Manhattan, NY 10065
bedrooms
5 Beds
bathrooms
8 Baths, 1 Half Bath
square feet
7000 Sqft
$120,126
Estimated Monthly
$21,922
HOA / Fees
0.18%
Cap Rate

About This Property

This lavish fifteen-room residence, occupying the entire tenth floor of elegant prewar 550 Park Avenue, epitomizes old New York glamour and fine living while offering the latest bespoke amenities, soaring views of the Manhattan skyline in four directions, and, at approx 7,000 square feet, the luxury of vast amounts of space. Completely renovated to the highest standards by interior designer David Kleinberg, the apartment, which comes in triple mint condition, provides a functional floorplan perfect for entertaining on a grand scale or intimate family life.

A private elevator landing opens to a circular foyer at the center of the apartment's long plastered and chandeliered gallery, which is ideal for the display of art. The public rooms create their own formal enfilade of spaces, including a living room with two exposures, a reception room, a formal dining room, and a library. Adjacent living spaces include the media room, and the multifunctional sitting room, as well a study that can also function as an additional bedroom, with its own bath. The eat-in chef's kitchen, of marble and stainless steel, is accessed by a wet bar that can also serve as a butler's pantry.

The vast, 38 foot long primary bedroom, with a fireplace and three exposures, is at the heart of an owner's wing which contains two massive dressing rooms with custom mirrored cabinetry, two luxurious marble bathrooms, and an adjacent home gym. Closing a hallway door can make the gym part of the master suite for added privacy.

At the opposite end of the grand gallery, a wing for family or guests contains three bedrooms, each with its own large en-suite baths and spacious closet. Also provided are a powder room off the main foyer, copious closets and storage spaces, four wood-burning fireplaces, and high ceilings throughout. Service spaces include a laundry room, a staff room with a private bath, and a pantry, as well as a separate service entrance.
Unit Size
7,000Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$2,857
Property Type
Co-op
Property Taxes
-
HOA Dues
$21,922
Year Built
1917
Last updated: 3 months ago (RLS #PRCH-7514013)

Price History

Date / Event Date Event Price
Jun 13, 2022 Listed $25,000,000
Listed
This lavish fifteen-room residence, occupying the entire tenth floor of elegant prewar 550 Park Avenue, epitomizes old New York glamour and fine living while offering the latest bespoke amenities, soaring views of the Manhattan skyline in four directions, and, at approx 7,000 square feet, the luxury of vast amounts of space. Completely renovated to the highest standards by interior designer David Kleinberg, the apartment, which comes in triple mint condition, provides a functional…
Sep 22, 2021 No longer available -
No longer available
Sep 7, 2021 Relisted $32,000,000
Relisted
Sep 5, 2021 No longer available -
No longer available
Feb 1, 2021 Price Decreased $32,000,000
↓ $3M (8.6%)
Price Decreased
Show More

Property Highlights

Doorman
Elevator
Garage
Air Conditioning
Interior Details

Bedroom Information

Bedrooms: 5

Bathroom Information

Full Bathrooms: 7
Half Bathrooms: 1

Interior Information

Interior Features: Den, Entrance Foyer, Eatin Kitchen, Elevator, Kitchen Window
Appliances: Dishwasher
Living Area: 7000

Room Information

Laundry Features: In Unit
Rooms: 15
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 Lot: 0037
Tax Block: 01376


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
5 Beds
5 Baths
6,132 ft²
$2,691/ft²
$16,500,000 Oct 13, 2021
$16,500,000 Nov 17, 2022
$16,375/mo
Condo
5 Beds
5 Baths
5,500 ft²
$3,273/ft²
$18,000,000 Apr 28, 2014
$18,000,000 Apr 13, 2015
$12,724/mo
Co-op
5 Beds
7 Baths
9,000 ft²
$2,444/ft²
$22,000,000 Feb 24, 2020
$22,000,000 Mar 3, 2021
$29,037/mo
Co-op
5 Beds
7 Baths
9,000 ft²
$2,444/ft²
$22,000,000 Feb 24, 2020
$22,000,000 Mar 12, 2021
$29,037/mo
House
5 Beds
5 Baths
6,950 ft²
$2,302/ft²
$16,000,000 Sep 2, 2021
$16,000,000 May 20, 2022
-
House
5 Beds
7 Baths
8,200 ft²
$2,159/ft²
$17,700,000 Feb 18, 2016
$17,700,000 May 10, 2019
-
Condo
5 Beds
7 Baths
7,750 ft²
$2,581/ft²
$20,000,000 Jul 19, 2021
-
$22,872/mo
Co-op
5 Beds
6 Baths
4,500 ft²
$5,222/ft²
$23,500,000 May 1, 2023
-
$17,435/mo
Condo
5 Beds
6 Baths
4,530 ft²
$5,188/ft²
$23,500,000 Oct 3, 2023
-
$18,402/mo
Co-op
6 Beds
8 Baths
7,000 ft²
$2,686/ft²
$18,800,000 Mar 1, 2024
-
$22,799/mo
Townhouse
5 Beds
6 Baths
8,725 ft²
$2,579/ft²
$22,500,000 Nov 14, 2022
-
$10,882/mo
Townhouse
5 Beds
6 Baths
8,725 ft²
$2,579/ft²
$22,500,000 Nov 14, 2022
-
$10,882/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
$6,400,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
3192 ft²
$4,500,000 -29.69%
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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About Upper Manhattan


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