550 Park Avenue, Unit 12E

Lenox Hill

$9,500,000
Price
4
Beds
4
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

High Floor Golden Age Masterpiece Introducing 12E at 550 Park Avenue, a high-floor residence in one of Lenox Hill's premier pre-war co-ops. More images coming soon! A perfect example of the grand Golden Age apartments of the 1920s, this J. E. R. Carpenter masterpiece is full of volume, scale, and ideal circulation. A great room with 11' ceilings and large windows that frame exposures to the north and east invite you into the heart of the home, while the adjacent dining room could comfortably host...High Floor Golden Age Masterpiece Introducing 12E at 550 Park Avenue, a high-floor residence in one of Lenox Hill's premier pre-war co-ops. More images coming soon! A perfect example of the grand Golden Age apartments of the 1920s, this J. E. R. Carpenter masterpiece is full of volume, scale, and ideal circulation. A great room with 11' ceilings and large windows that frame exposures to the north and east invite you into the heart of the home, while the adjacent dining room could comfortably host down a dinner of 18. Designed for hospitality, a commercial kitchen and butler's pantry are further complimented by direct access to a separate staff office and storage room, as well as the in-unit laundry. A den/library just off the entrance gallery, as well as a powder room, complete the northern wing. Along the southern corridor, four bedrooms, all with en-suite bathrooms and walk-in closets, and two with corner exposures offer privacy and comfort. With its high ceilings, large windows, herringbone walnut floors, and ample storage throughout, this residence offers the perfect framework for generation living and is truly a space to behold. 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 for 550 Park Avenue, Unit 12E

View
City, Skyline
LISTING UPDATED: 10/31/2024 03:58 PM

Property Details for 550 Park Avenue, Unit 12E

StatusActive
MLS IDRPLU-5123150513
Days on Market98
Taxes-
Maintenance$13,147 / month
Min. Down Pymt-
Total Rooms12.0
Compass TypeCo-op
MLS TypeCo-op
Year Built1917
CountyNew York County

Building

550 Park Ave

36 Units17 StoriesBuilt in 1917

Building Information for 550 Park Avenue, Unit 12E

Building/Complex550 Park AveFloor12Stories17Residences36Pet PolicyAllowedYear Built1917Building AgePre-warBuilding TypeMidrise

Property Information for 550 Park Avenue, Unit 12E

Summary
Location and General Information
  • Subdivision Name: Lenox Hill
  • Stories Total: 17
  • Exposures: East, North, South
  • Garage Spaces: 0.0
  • View: Yes
Taxes and HOA
  • Tax Lot: 0037
  • Tax Deduction Percent: 58.00%
  • Tax Block: 01376
  • Flip Tax Type: Percent
  • Association Fee Frequency: Monthly
  • Flip Tax: $3
  • Building Tax Lot: 0037
  • Tax Monthly Amount: 0.0
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area Units: SquareFeet
Building Information
  • Building Features: Storage
  • Landmark Status YN: false
  • Building Laundry Features: Other
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: false
Property and Assessments
  • New Development: Yes
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: StockCooperative
  • Number Of Shares: 715
  • New Construction: No
  • Structure Type: HighRise
  • Property Condition: Good
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: None
  • Patio And Porch Features: None
Interior Features
  • Cooling: VariesByUnit
  • Entry Level: 12
  • Appliances: WasherDryerAllowed
  • Fireplace Features: Other
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Dining Type: Formal
  • Kitchen Condition: Good
  • Floor Number: 12
  • Basement: No
  • Cooling: Yes
  • Laundry Features: WasherHookup, InUnit
  • Ceiling Height Units: Feet
  • Ceiling Height: 11.0
  • Bathroom Condition: Good
  • ElevatorsTotal: 5
Multi Family
Multi-Family Information
  • Unit Line: E
  • Number Of Units Total: 35
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Attendance Type: DoormanFullTime, ElevatorAttendancePartTime
  • Land Lease: No

Property History for 550 Park Avenue, Unit 12E

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 550 Park Avenue, Unit 12E

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
East Side Elementary School, PS 267
PublicK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 167 Robert F Wagner
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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Similar Sold Homes

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550 Park Avenue, Unit 12E is a co-op for sale in Lenox Hill. This property was listed for sale on August 15, 2024 by Douglas Elliman Real Estate, it's currently listed at $9,500,000. This listing's school district is New York City Geographic District # 2. Nearby schools include East Side Elementary School, PS 267, Nyc Lab Ms For Collaborative Studies and Lower Manhattan Community Middle School. 550 Park Avenue, Unit 12E is a 4-bed, 4.5-bath, co-op built in 1917.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman Real Estate

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.