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550 Park Avenue
Apartment #2W
$3,995,000 Price
3 Bedrooms   3.5 Baths
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Photo 1 of 550 Park Avenue 2W, Upper East Side, NYC, $3,995,000, Web #: 1061745661Previous PhotoNext Photo1 of 8

550 Park Avenue, Upper East Side, NYC

Enjoy downtown living on Park Avenue in this ten into eight room residence in one of the Upper East Side’s most prestigious and sought-after cooperatives. Ideally located on the corner of 62nd Street and Park Avenue, Residence 2W epitomizes elegance and sophistication. Encompassing approximately 3,500 square feet,...

Enjoy downtown living on Park Avenue in this ten into eight room residence in one of the Upper East Side’s most prestigious and sought-after cooperatives. Ideally located on the corner of 62nd Street and Park Avenue, Residence 2W epitomizes elegance and sophistication. Encompassing approximately 3,500 square feet, this extraordinary home is the spectacular result of a thoughtful and masterful design by noted architect, Cleo Nichols, who also designed gallery spaces for the Metropolitan Museum of Art and Asia House. His attention to detail and artful eye is evidenced throughout the home with an unmistakable emphasis on surface and textual elements as well tone and shape. Perfect for an art collector, this loft-like space lends itself to showcase paintings and sculpture to maximum advantage. With soaring ten foot-plus ceiling heights and oversized windows with treetop views overlooking the historic Colony Club, the expansive and flexible layout is perfect for large scale entertaining as well as intimate gatherings. A private elevator landing opens to a grand entrance Gallery from which all the entertaining rooms radiate. The impressive Living and Dining area span a nearly 50-foot expanse and features a wood burning fireplace. The adjacent Library could easily serve as a third bedroom. The industrial-size Kitchen with Butler’s Pantry is large and can handle entertaining large groups. A corner Master Bedroom Suite with large custom dressing room is the result of combining two separate bedrooms. The second Bedroom, currently used as an office, has its own bathroom as does the large Staff Room. There is sizable Laundry Room as well. 550 Park Avenue was built in 1917 and designed by one of Manhattan’s most famous architects of prewar luxury residential buildings, James E.R. Carpenter, and has long been prized for its sophisticated elegance and grandeur. Pied a terres and pets allowed. 50% financing allowed. Trusts allowed. No LLC purchase. 3% flip tax paid by purchaser. Work rules: December 1 to January 6th.

Courtesy of Modlin Group LLC

Floorplan for 550 Park Avenue, 2W

Floorplan for 550 Park Avenue, 2W

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Upper East Side, NYC
Type: Cooperative
Price: $3,995,000
Maintenance/CC: $7,513
Web ID: 1061745661

Info & Amenities

Type: Co-op
Rooms: 8.0
Bedrooms: 3
Full Bathrooms: 3
Half Bathrooms: 1.0
Built: 1916
Pets allowed: Yes

Map of Area for 550 Park Avenue 2W

Get to Know Upper East Side

The Upper East Side is a prestigious residential neighborhood in Manhattan known for its historic charm, tree-lined streets, and cultural attractions. It encompasses the Museum Mile, featuring renowned institutions like the Metropolitan Museum of Art and the Guggenheim Museum. The area exudes an elegant and sophisticated atmosphere, attracting families, professionals, and art enthusiasts.

More About Upper East Side

Neighborhood Guide to Upper East Side

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.

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