550 Park Avenue, Unit 16AE

Lenox Hill

$2,325,000
Price
2
Beds
2
Baths
1,225 Sq. Ft.
$1,898 / Sq. Ft.
1,225
Sq. Ft.
$1,898
per Sq. Ft.

Description

This 5-room residence is ideally situated on the 16th floor, with sunny open views, including an oblique view of Central Park from the master bedroom. With charmingly scaled rooms, nearly 10-foot ceilings, and well-designed division between public and private space, this two bedroom, two bathroom apartment is a perfect home or part-time residence and a rare opportunity to live in one of New York’s most distinguished cooperatives. Trusts and pied-a terres are allowed, 50% financing permitted, pets...This 5-room residence is ideally situated on the 16th floor, with sunny open views, including an oblique view of Central Park from the master bedroom. With charmingly scaled rooms, nearly 10-foot ceilings, and well-designed division between public and private space, this two bedroom, two bathroom apartment is a perfect home or part-time residence and a rare opportunity to live in one of New York’s most distinguished cooperatives. Trusts and pied-a terres are allowed, 50% financing permitted, pets are welcome, and the apartment comes with a large storage room in the basement.

550 Park Avenue was designed in 1917 by the city’s foremost architect of luxury residential buildings, J. E. R Carpenter, and has long been prized for its sophisticated elegance and grandeur. Located two blocks from Central Park, it sits amidst the city’s premier restaurants, shops and museums, and offers the perfect New York address.

Property Details for 550 Park Avenue, Unit 16AE

Zoning
R10/PI/LH-1A
View
City, Skyline

Location

Listing Courtesy of Sothebys International Realty
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LISTING UPDATED: 03/18/2024 11:50 AM

Property Details for 550 Park Avenue, Unit 16AE

StatusActive
MLS IDPRCH-7856973
Days on Market41
Taxes-
Maintenance$5,149 / 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 PolicyAllowedYear Built1917Building AgePre-warBuilding TypeMidrise

Payment Calculator

$13,079 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,930

Property Taxes

$0

Maintenance/Common Charges

$5,149

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
Virtual Tour
Property
Lot Information
  • Living Area: 1225.0
  • Building Area Total: 156390.0
  • Lot Size Dimensions: 100.42 x 116.67
  • Living Area Units: SquareFeet
Building Information
  • Building Laundry Features: CommonArea
  • 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
Interior and Exterior Features
Interior Features
  • Appliances: Dishwasher
  • Fireplace: No
  • Flooring: Hardwood
  • Furnished: Unfurnished
  • Interior Features: Elevator, Storage
  • Laundry Features: LaundryRoom
  • ElevatorsTotal: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 36
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Attendance Type: DoormanYes, DoormanFullTime
  • Owner Pays: None
  • Owner Pays Remarks: Call Listing Agent

Property History for 550 Park Avenue, Unit 16AE

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

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
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

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.

Similar Homes

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550 Park Avenue, Unit 16AE is a co-op for sale in Lenox Hill. This property was listed for sale on March 18, 2024 by Sothebys International Realty, it's currently listed at $2,325,000. It has been on the market for a total of 41 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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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. ©2024 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 2024, 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. ©2024 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.©2024 The Real Estate Board of New York, Inc., All rights reserved.