550 Park Avenue, Unit 12E

550 Park Ave
Lenox Hill

$8,650,000
Price
4
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
New Construction
New Construction
a view of an empty room with a window
a view of an empty room with a window
a kitchen with white cabinets white appliances and sink
a view of an empty room with a window and wooden floor
an empty room with windows
a living room with furniture and a fireplace
a view of a dining room with furniture and a chandelier
a kitchen with cabinets appliances a sink and a counter top space
a kitchen with a refrigerator and white cabinets
a bedroom with a bed and a couch next to a window
a bedroom with two beds and a window
a living room with furniture a flat screen tv and a window
a building view
a front view of a building with lot of cars and trees
a living room with furniture and a table
a living room with furniture and large window
a living room with furniture or couch and a wooden floor
a view of a dining room with furniture window and wooden floor
a bedroom with a bed and a window
a bedroom with two beds and a window
a picture of a bench in a building

Description

Welcome to Residence 12E at 550 Park Avenue-a distinguished high-floor home in one of Lenox Hill's most prestigious pre-war cooperatives. This approximately 4592 SF, grand apartment is a shining example of the Golden Age of New York architecture. Designed by renowned architect J. E. R. Carpenter in the 1920s, the residence is defined by its scale, elegance, and thoughtful layout. Off the central gallery, a large 40" x 18" great room with 11-foot ceilings and oversized windows capture abundant natural...Welcome to Residence 12E at 550 Park Avenue-a distinguished high-floor home in one of Lenox Hill's most prestigious pre-war cooperatives. This approximately 4592 SF, grand apartment is a shining example of the Golden Age of New York architecture. Designed by renowned architect J. E. R. Carpenter in the 1920s, the residence is defined by its scale, elegance, and thoughtful layout. Off the central gallery, a large 40" x 18" great room with 11-foot ceilings and oversized windows capture abundant natural light from the north and east. Just beyond, a formal dining room with the capacity to comfortably host 20+ guests sets the stage for refined entertaining. The chef's kitchen is outfitted for serious culinary endeavors and is supported by a butler's pantry, a dedicated staff office, a generous storage room, and in-unit laundry. A den/library-also off the central entry gallery-and a large powder room complete the northern portion of the home. Down the private southern corridor, four spacious bedrooms each feature en-suite bathrooms and walk-in closets, with two corner bedrooms offering enhanced natural light and privacy. With its classic herringbone walnut floors, soaring ceilings, expansive windows, and considerable storage space, Residence 12E is ideal for multi-generational living and an exceptional canvas for timeless living. Completed in 1917, 550 Park Avenue stands as one of Manhattan's premier white-glove cooperatives. Located at the southwest corner of Park Avenue and 62nd Street, the building is celebrated for its stately design and gracious floorplans. Residents enjoy close proximity to Central Park, Madison Avenue shopping, and world-class dining. 50% financing permitted and there is a 3% flip tax paid by the buyer. Some images have been virtually staged.
  1. Listed by Thomas Aabo • Douglas Elliman Real Estate
    P: (917)-744-2937 thomas.aabo@elliman.com
  2. Listed by Dustin V Crouse
    P: (570)-337-5306 C: (570)-337-5306 dcrouse@elliman.com
  3. Listed by Erin Boisson Aries
    P: (917)-701-7012 C: (917)-701-7012 earies@elliman.com

Property Details for 550 Park Avenue, Unit 12E

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LISTING UPDATED: 06/24/2025 02:39 PM

Property Details for 550 Park Avenue, Unit 12E

StatusActive
MLS IDRLS11000693
Days on Market332
Taxes-
Maintenance$13,212 / 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

Location

Listing Courtesy of Douglas Elliman Real Estate
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Building Information for 550 Park Avenue, Unit 12E

Building/Complex550 Park AveFloor12Stories17Residences36Pet PolicyAllowedPet Policy Details3Year Built1917Building AgePre-war

Payment Calculator

$58,533 per month

30 year fixed, 6.845% Interest

Principal and Interest

$45,321

Property Taxes

$0

Maintenance/Common Charges

$13,212

The Payment Calculator is for illustrative purposes only.

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 Name: 550 Park Ave Corp
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
  • 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
Aug 15, 2024

Listed (Active)

RLS RESO #RLS11000693

$9,500,000—
DateEvent & SourcePrice
08/15/2024

Listed (Active)

RLS RESO #RLS11000693

$9,500,000

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
East Side Elementary School, PS 267
Public - K to 5
Nyc Lab Ms For Collaborative Studies
Public - 6 to 8
Jhs 167 Robert F Wagner
Public - 6 to 8
Lower Manhattan Community Middle School
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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More information about 550 Park Avenue, Unit 12E, Lenox Hill

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 $8,650,000. 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 Jhs 167 Robert F Wagner. 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. ©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.