550 Park Avenue, Unit 16AE

550 Park Ave
Lenox Hill

$1,750,000
Price
2
Beds
1,225 Sq. Ft.
$1,429 / Sq. Ft.
1,225
Sq. Ft.
$1,429
per Sq. Ft.
Virtual Tour
Virtual Tour
a view of a livingroom with furniture and window
a living room with furniture a rug and a wall painting
a living room with furniture and a flat screen tv
a view of a dining room with furniture window and wooden floor
a kitchen with granite countertop a cabinets and stove
a bedroom with a bed and a large mirror next to a window
a bathroom with a sink and a mirror
a bedroom with a bed and wooden floor
a view of a hallway with wooden floor and a potted plant
a picture of a floor plan

Description

This exquisite 5-room residence, located on the 16th floor, is in pristine, move-in condition and offers a captivating oblique glimpse of Central Park from the master bedroom. Thoughtfully designed with charmingly scaled rooms, soaring nearly 10-foot ceilings, and a seamless division between public and private spaces, this two-bedroom, two-bathroom apartment presents a rare opportunity to own a truly remarkable home or an elegant part-time residence in one of New York’s most distinguished cooperatives....This exquisite 5-room residence, located on the 16th floor, is in pristine, move-in condition and offers a captivating oblique glimpse of Central Park from the master bedroom. Thoughtfully designed with charmingly scaled rooms, soaring nearly 10-foot ceilings, and a seamless division between public and private spaces, this two-bedroom, two-bathroom apartment presents a rare opportunity to own a truly remarkable home or an elegant part-time residence in one of New York’s most distinguished cooperatives. Residents enjoy the convenience of 50% financing, a welcoming pet policy, and the inclusion of a spacious private storage room in the basement. Trusts are permitted with board approval, further enhancing the apartment’s appeal and versatility. Can be combined with neighboring apartment 16C to create a full floor residence. Built in 1917 by the acclaimed architect J. E. R. Carpenter, 550 Park Avenue epitomizes sophisticated elegance and timeless grandeur. Perfectly situated just two blocks from Central Park, this iconic building is surrounded by the city’s premier restaurants, shops, and museums, offering the ultimate New York address.
  1. Listed by Olivia Hoge • Sothebys International Realty
    P: (212)-606-7738 C: (212)-606-7738 olivia.hoge@sothebys.realty

Amenities

  • Full-Time Doorman
  • Central Park Views
  • City Views
  • Hardwood Floors
  • High Ceilings
  • Elevator
  • Laundry in Building
  • Dishwasher
LISTING UPDATED: 10/06/2025 09:33 AM

Property Details for 550 Park Avenue, Unit 16AE

StatusActive
MLS IDRLS20009957
Days on Market279
Taxes-
Maintenance$5,174 / month
Min. Down Pymt50%
Total Rooms5.0
Compass TypeCo-op
MLS TypeCo-op
Year Built1917
CountyNew York County

Building

550 Park Ave

36 Units17 StoriesBuilt in 1917

Location

Listing Courtesy of Sothebys International Realty
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Virtual Tour

Building Information for 550 Park Avenue, Unit 16AE

Building/Complex550 Park AveFloor16Stories17Residences36Pet PolicyAllowedPet Policy Details3Year Built1917Building AgePre-war

Payment Calculator

$10,579 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,405

Property Taxes

$0

Maintenance/Common Charges

$5,174

The Payment Calculator is for illustrative purposes only.

Property Information for 550 Park Avenue, Unit 16AE

Summary
Location and General Information
  • Subdivision Name: Lenox Hill
  • Stories Total: 17
  • Exposures: West, South
  • Garage Spaces: 0.0
Taxes and HOA
  • Tax Lot: 0037
  • Tax Block: 01376
  • Flip Tax Type: Percent
  • Association Fee Frequency: Monthly
  • Flip Tax: $3
  • Building Tax Lot: 0037
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Building Area Total: 156390.0
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 100.42 x 116.67
  • Living Area Units: SquareFeet
Building Information
  • Building Features: Elevators
  • Building Laundry Features: CommonArea, None
  • Building Pets Allowed: BuildingYes
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: No
  • Common Interest: StockCooperative
  • Number Of Shares: 280
  • New Construction: No
  • Structure Type: MultiFamily
  • Property Condition: Excellent
Interior and Exterior Features
Interior Features
  • Entry Level: 16
  • Appliances: Dishwasher
  • Fireplace: No
  • Flooring: Hardwood
  • Furnished: Unfurnished
  • Laundry Features: LaundryRoom
  • ElevatorsTotal: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 36
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Attendance Type: DoormanYes

Property History for 550 Park Avenue, Unit 16AE

DateEvent & SourcePriceAppreciationLink
Oct 6, 2025

Price Change

RLS RESO #RLS20009957

$1,750,000—
Mar 18, 2025

Listed (Active)

RLS RESO #RLS20009957

$2,100,000—
Jul 10, 2024

Temporarily Off Market

RLS RESO #RLS10982647

$2,325,000—
Mar 18, 2024

Listed (Active)

RLS RESO #RLS10982647

$2,325,000—
Jun 25, 2018

Permanently Off Market

RLS RESO #RLS10585537

$2,325,000—
Feb 21, 2018

Permanently Off Market

RLS RESO #RLS10341693

$2,325,000—
Mar 27, 2017

Listed (Active)

RLS RESO #RLS10341693

$2,885,000—
Mar 27, 2017

Listed (Active)

RLS RESO #RLS10585537

$2,885,000—
Jul 22, 2004

Sold

RealPlus #6f0aa62209136e63e598a3cc2959679e0664491e

$795,000——
Jul 8, 2004

Sold (Public Record)

ACRIS #2004072902578001

$730,000—
Mar 18, 2004

Contract Signed

RealPlus #6f0aa62209136e63e598a3cc2959679e0664491e

$795,000——
Dec 16, 2003

Price Change

RealPlus #6f0aa62209136e63e598a3cc2959679e0664491e

$795,000——
Oct 27, 2003

Price Change

RealPlus #6f0aa62209136e63e598a3cc2959679e0664491e

$850,000——
Jun 18, 2003

Listed (Active)

RealPlus #6f0aa62209136e63e598a3cc2959679e0664491e

$895,000——
DateEvent & SourcePrice
10/06/2025

Price Change

RLS RESO #RLS20009957

$1,750,000
03/18/2025

Listed (Active)

RLS RESO #RLS20009957

$2,100,000
07/10/2024

Temporarily Off Market

RLS RESO #RLS10982647

$2,325,000
03/18/2024

Listed (Active)

RLS RESO #RLS10982647

$2,325,000
06/25/2018

Permanently Off Market

RLS RESO #RLS10585537

$2,325,000
02/21/2018

Permanently Off Market

RLS RESO #RLS10341693

$2,325,000
03/27/2017

Listed (Active)

RLS RESO #RLS10341693

$2,885,000
03/27/2017

Listed (Active)

RLS RESO #RLS10585537

$2,885,000
07/22/2004

Sold

RealPlus #6f0aa62209136e63e598a3cc2959679e0664491e

$795,000
07/08/2004

Sold (Public Record)

ACRIS #2004072902578001

$730,000
03/18/2004

Contract Signed

RealPlus #6f0aa62209136e63e598a3cc2959679e0664491e

$795,000
12/16/2003

Price Change

RealPlus #6f0aa62209136e63e598a3cc2959679e0664491e

$795,000
10/27/2003

Price Change

RealPlus #6f0aa62209136e63e598a3cc2959679e0664491e

$850,000
06/18/2003

Listed (Active)

RealPlus #6f0aa62209136e63e598a3cc2959679e0664491e

$895,000

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

Public Records for 550 Park Avenue, Unit 16AE

Taxable ValueLand-Additions-Total-
Home Facts
APN1013760037

Schools near 550 Park Avenue, Unit 16AE

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
East Side Elementary School, PS 267
Public - K to 5
Nyc Lab Ms For Collaborative Studies
Public - 6 to 8
Lower Manhattan Community Middle School
Public - 6 to 8
Jhs 167 Robert F Wagner
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.

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More information about 550 Park Avenue, Unit 16AE, Lenox Hill

550 Park Avenue, Unit 16AE is a co-op for sale in Lenox Hill. This property was listed for sale on March 18, 2025 by Sothebys International Realty, it's currently listed at $1,750,000. It has been on the market for a total of 279 days and was last sold on July 22, 2004. 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 16AE is a 2-bed, 2-bath, 1,225 sqft 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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Sothebys International Realty

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 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 2025, 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. ©2025 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.©2025 The Real Estate Board of New York, Inc., All rights reserved.