550 Park Avenue, Unit 3W
Description
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,...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.
Listing Agents
![Richard Steinberg]()
rsteinberg@compass.comP: (917)-676-0150
![Alexander Mignogna]()
amignogna@compass.comP: (410)-456-8875
![Charles Beda]()
charles.beda@compass.comP: (347)-804-3217
Amenities
- Full-Time Doorman
- Working Fireplace
- Crown Mouldings
- Decorative Mouldings
- Private Entrance
- High Ceilings
- Elevator
- Washer / Dryer in Unit
Property Details for 550 Park Avenue, Unit 3W
| Status | Temporarily Off Market |
|---|---|
| Days on Market | 1 |
| Taxes | - |
| Maintenance | $8,223 / month |
| Min. Down Pymt | 50% |
| Total Rooms | 9.0 |
| Compass Type | Co-op |
| MLS Type | - |
| Year Built | 1917 |
| County | New York County |
| Buyer's Agent Compensation | 2.5% |
Building
550 Park Ave
Location
Virtual Tour
Building Information for 550 Park Avenue, Unit 3W
Payment Calculator
$22,692 per month
30 year fixed, 6.15% Interest
$14,469
$0
$8,223
Property History for 550 Park Avenue, Unit 3W
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jan 12, 2026 | Contract Signed Manual | — | |
| Nov 8, 2025 | Listed (Active) Manual | $4,750,000 | — |
| Nov 5, 2025 | Temporarily Off Market Manual | — | |
| Nov 4, 2025 | Listed (Active) Manual | $4,750,000 | — |
| Jul 7, 2025 | Contract Signed Manual | — | |
| Apr 7, 2025 | Price Change Manual | $4,995,000 | — |
| Feb 25, 2025 | Listed (Active) Manual | $5,400,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 01/12/2026 | Contract Signed Manual | — |
| 11/08/2025 | Listed (Active) Manual | $4,750,000 |
| 11/05/2025 | Temporarily Off Market Manual | — |
| 11/04/2025 | Listed (Active) Manual | $4,750,000 |
| 07/07/2025 | Contract Signed Manual | — |
| 04/07/2025 | Price Change Manual | $4,995,000 |
| 02/25/2025 | Listed (Active) Manual | $5,400,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 550 Park Avenue, Unit 3W
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 | ||
Jhs 167 Robert F Wagner Public6 to 8 | ||
Lower Manhattan Community Middle School 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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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 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 2026, 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. ©2026 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.©2026 The Real Estate Board of New York, Inc., All rights reserved.