by RH Advisors

Check Availability
$2,325,000
Co-op - For Sale

550 Park Avenue #16AE

Manhattan, NY 10065
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1225 Sqft
$16,566
Estimated Monthly
$5,149
HOA / Fees
0.70%
Cap Rate

About This Property

This 5-room residence is ideally situated on the 16th floor, with sunny open views, including an oblique view of Central Park from the master bedroom. With charmingly scaled rooms, nearly 10-foot ceilings, and well-designed division between public and private space, this two bedroom, two bathroom apartment is a perfect home or part-time residence and a rare opportunity to live in one of New York's most distinguished cooperatives. Trusts and pied-a terres are allowed, 50% financing permitted, pets are welcome, and the apartment comes with a large storage room in the basement.

550 Park Avenue was designed in 1917 by the city's foremost architect of luxury residential buildings, J.E.R Carpenter, and has long been prized for its sophisticated elegance and grandeur.  Located two blocks from Central Park, it sits amidst the city's premier restaurants, shops and museums, and offers the perfect New York address.  
Unit Size
1,225Ft²
Days on Market
42 days
Land Size
0.27 acres
Price per sqft
$1,898
Property Type
Co-op
Property Taxes
-
HOA Dues
$5,149
Year Built
1917
Listed By
Olivia Hoge
Sotheby's International Realty, Inc.
Last updated: 2 months ago (RLS #PRCH-7856973)

Price History

Date / Event Date Event Price
Mar 18, 2024 Listed by Sothebys International Realty $2,325,000
Listed by Sothebys International Realty
Jun 25, 2018 No longer available -
No longer available
Jun 25, 2018 Relisted $2,325,000
Relisted
Jun 25, 2018 No longer available -
No longer available
Nov 14, 2017 Listed by Sotheby's International Realty, Inc. $2,325,000
Listed by Sotheby's International Realty, Inc.
This 5-room residence is ideally situated on the 16th floor, with sunny open views, including an oblique view of Central Park from the master bedroom. With charmingly scaled rooms, nearly 10-foot ceilings, and well designed division between public and private space. This two bedroom, two bathroom apartment is a perfect home or part-time residence and a rare opportunity to live in one of New York's most distinguished cooperatives. No financing is permitted; pets are welcome, pied-a-terres…
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Property Highlights

Doorman
Elevator
Garage
With View
Interior Details

Bedroom Information

Bedrooms: 2

Bathroom Information

Full Bathrooms: 2

Interior Information

Interior Features: Elevator, Storage
Appliances: Dishwasher
Flooring Type: Hardwood
Living Area: 1225

Room Information

Laundry Features: Common Area, Laundry Room
Rooms: 5
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
2 Beds
2 Baths
1,214 ft²
$1,853/ft²
$2,250,000 Oct 9, 2018
$2,250,000 Mar 11, 2019
$3,700/mo
Co-op
2 Beds
2 Baths
1,560 ft²
$1,453/ft²
$2,266,875 Mar 30, 2022
$2,266,875 Sep 1, 2022
$758/mo
Condo
2 Beds
2 Baths
1,600 ft²
$1,563/ft²
$2,500,000 Oct 12, 2020
$2,500,000 May 27, 2021
$5,244/mo
Condo
2 Beds
3 Baths
1,547 ft²
$1,616/ft²
$2,500,000 Mar 3, 2015
$2,500,000 Jan 28, 2016
$4,171/mo
Co-op
2 Beds
3 Baths
1,660 ft²
$1,205/ft²
$2,000,000 Oct 10, 2020
$2,000,000 May 18, 2021
$5,049/mo
Condo
1 Bed
1 Bath
1,050 ft²
$1,824/ft²
$1,915,000 Nov 3, 2020
$1,915,000 Dec 18, 2020
$2,393/mo
Co-op
2 Beds
3 Baths
1,400 ft²
$1,711/ft²
$2,395,000 Oct 1, 2023
-
$4,192/mo
Co-op
2 Beds
3 Baths
1,400 ft²
$1,393/ft²
$1,950,000 Feb 22, 2024
-
$4,433/mo
Condo
1 Bed
1 Bath
1,100 ft²
$2,273/ft²
$2,500,000 Jun 26, 2022
-
$2,614/mo
Co-op
2 Beds
3 Baths
2,000 ft²
$975/ft²
$1,950,000 Feb 7, 2024
-
$3,974/mo
Condo
1 Bed
2 Baths
950 ft²
$2,579/ft²
$2,450,000 Sep 21, 2023
-
$3,460/mo
Condo
3 Beds
3 Baths
1,615 ft²
$1,421/ft²
$2,295,000 Nov 1, 2022
-
$5,078/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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