$5,975,000
Updated 11 years ago
Sold

550 Park Ave, 5-W

Upper East Side, Manhattan | East 61st Street & East 62nd Street

8 Rooms3 Beds3.5 BathsCo-op

$5,975,000
Maintenance$6,733

This property was sold for $5,800,000 on 03/30/15.

Listing Features

  • Beamed Ceilings
  • Dressing Area
  • Formal Dining Room
  • French Doors
  • Galley Kitchen
  • High Ceilings [10.5']
  • Library / Den
  • Moldings
  • Original Details
  • Private Elevator
  • Walk-in Closet
  • Washer / Dryer
  • WBFP
  • Wet Bar
  • Oversized Windows
  • Adjoining Pantry
  • Dishwasher
  • Eat-in Kitchen
  • Gourmet Kitchen
  • S Steel Appliances
  • Windowed Kitchen
  • En Suite Bathroom
  • Jacuzzi Tub
  • Powder Room
  • Steam Shower

Outdoor space and views

  • Partial City
  • North Exposure

Building Amenities

  • Full-Time Doorman
  • Elevator
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 550 Park Ave, 5-W

The apartment has undergone a facelift and should not be missed! This glorious 10 to an 8 room apartment is perfectly located on 62nd and Park Avenue in one of New York's finest full service buildings built in 1917, designed by renowned architect James E. R. Carpenter. Currently configured as a Double master bedroom, second bedroom, maids room, dressing room and a spacious library, with building approval it can be put back to its original floorplan as a full FOUR BEDROOM apartment (or 3 bedrooms and a library). ORIGINAL FLOORPLAN and ARCHITECT PLAN AVAILABLE UPON REQUEST.

Enter into this sprawling apartment through a private elevator vestibule with an elegant entry gallery which effortlessly connects to all the major living areas. You immediately recognize Carpenter's signature style with the soaring ceiling height, oversized windows and grandiose living and dining rooms which face North looking at the historic Colony Club. The living and dining room span 48 feet!

The apartment is ideal for entertaining; replete with a wood-burning fireplace, central air-conditioning in the living rooms, and a new wet bar and powder room off the gallery. Adjacent to the living room is a traditional and tasteful library with bookshelves and French doors. The large eat-in-kitchen has three entrances, a Washer/Dryer, great counter space, two dishwashers, a 6-burner hooded range, a stainless steel refrigerator, two ovens, a butler's pantry room, and most notable, a big built-in banquette perfect for quieter dinners at home.

The Master Bedroom is two bedrooms combined so it is truly a master suite with three windows and a wall of closets. The Master bathroom has been expanded and has a Jacuzzi tub, steam shower and a double vanity. The second bedroom also has a bathroom ensuite which has been newly renovated. The original three maid's rooms have been brilliantly reconfigured as a gym/staff room with its own full bath, and an enormous Walk-In Closet/Dressing room for the Master Suite. The apartment has air-conditioning and crown and base moldings throughout, and it comes with its own storage unit downstairs.

550 Park Avenue is a prewar white-glove cooperative. Pets allowed. No financing allowed. No summer work rules.

Listing History for 550 Park Ave, 5-W

Now
03/30/2015
$5,800,000
Sold and Closed by Edith F. Tuckerman
Brown Harris Stevens
01/07/2015
Contract Signed by Edith F. Tuckerman
Brown Harris Stevens

Building Details for 550 Park Ave

OwnershipCo-op
Building TypeMid-Rise
Service LevelFull-Time Doorman
AgePre-War
AccessElevator
Year Built1917
Floors/Apts17/38
Learn More About the Building

Transit and Citi Bike

Subway

Lexington Av/63 St
0.15 miles
59 St
0.15 miles
Lexington Av/59 St
0.16 miles
5 Av/59 St
0.23 miles
68 St-Hunter College
0.36 miles

Citi Bike

E 61 St & Madison Ave
0.08 miles
5 Ave & E 63 St
0.18 miles

Contact Agents

Contact Agents

Edith Tuckerman
Brown Harris Stevens
Katharine Tuckerman
Brown Harris Stevens

Upper East Side | Manhattan

Quick Profile

Exuding a cosmopolitan, refined air that is reminiscent of Paris or other European cities, the Upper East Side (the UES, to local cognoscenti) has a reputation as being a bastion of wealth and privilege. Even though it was built by American “royalty” families like the Vanderbilts, Roosevelts, Kennedys, Carnegies and Rockefellers, whose elaborate mansions once anchored Fifth Avenue, there are affordable housing options throughout the neighborhood. The further east you move, away from Central Park and the more commercial avenues, the more likely you are to find quiet, tree-lined streets with historic townhouses and brownstones. Keep your eye out for reasonably priced apartments in pre-war low-rise and even a few high-rise buildings.

With abundant, beautifully landscaped green spaces, including the oasis of Central Park acting like a backyard, the area is quiet and lushly green. You can relax and unwind in John Jay Park, Carl Schurz Park or take a stroll along the East River Promenade. The whole neighborhood seems isolated from the workaday chaos of the city at large. Add to that the history of the neighborhood and the abundance of cultural institutions, and you have a uniquely welcoming neighborhood.

Known for its abundance of high-end retail shopping, especially on Madison Avenue, the Upper East Side is host to the Barneys New York flagship department store. Here you can find upscale goods, fashion and home decor items. You will also find the edgy runway-inspired Alexander McQueen collections. If you are dying to treat your feet to red-soled opulence, be sure to visit the Christian Louboutin boutique. These are only a small sampling of this high-end shopper’s paradise that features everything from designer boutiques that offer the ultimate in haute couture to resale shops where you can find last season’s best on sale at hefty discounts .

There are many unique dining experiences, from fine dining to the casual bite-on-the-go, awaiting you in the UES. Sushi is going through a renaissance in the city, and the best omakase-style sushi can be found at Sasabune on E 73rd Street. Omakase sushi means that you leave the choice of ingredients, preparation method and presentation to the chef. Elegant French cuisine can be experienced at JoJo, E 64th Street, housed in gorgeous townhouse. Just for fun, visit the Lexington Candy Shop on Lexington Avenue, to get a taste of an old-fashioned soda fountain.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 123042