$4,995,000
- Beds
- 4
- Baths
- 4.0
- sq ft
- Unknown
550 Park Ave Unit 3W, New York, NY 10065
550 Park Ave Unit 3W
New York City, NY 10065
- 44 days on market
- Price drop $405,000↓
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.
Details
Property type
Stock Cooperative
Lot size
Unknown
Price per sq ft
Unknown
Year built
1917
Monthly HOA fee
$8,223
Price History
04/07/2025

REBNY #RLS20005070
Price change
$4,995,000
-7.5%
02/25/2025

REBNY #RLS20005070
Listed
$5,400,000
Schools & Community
Neighborhood:
Upper East Side
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 04/11/2025 at 6:10 AM
Listing updated: 04/07/2025 at 1:26 PM
Listed by: Richard J Steinberg, Compass Phone #: (212) 913-9058
MLS: REBNY #RLS20005070

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