$7,500,000
Updated 2 years ago
Sold

550 Park Ave, 3-E

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

12 Rooms4 Beds3.5 Baths4,480 Square FeetCo-op

$7,500,000
Maintenance$10,021
Price Per SF
$1,674

This property was sold for $7,500,000 on 09/11/24.

Listing Features

  • BuiltIns
  • Corner Apartment
  • Dressing Area
  • Family Room
  • Floor-Through
  • French Doors
  • Galley Kitchen
  • High Ceilings [10.6']
  • Home Office
  • Laundry Room
  • Library / Den
  • Marble FP Mantle
  • Media Room
  • Private Elevator
  • Recessed Lighting
  • Solid Wood Doors
  • Wainscoting
  • Washer / Dryer
  • Wet Bar
  • Oversized Windows
  • Dishwasher
  • Eat-in Kitchen
  • S Steel Appliances
  • Service Entrance
  • Walk Thru Kitchen
  • Windowed Kitchen
  • Double Vanity
  • En Suite Bathroom
  • Powder Room
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • City Views
  • East Exposure
  • North Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Full-Time Doorman
  • Elevator
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 550 Park Ave, 3-E

Elegant Grand Scaled 12 room on Park Avenue

Reminiscent of a more refined era, this grand home is located on the ideal floor for perfect architectural and Park Avenue views. Arriving on the private elevator landing you enter the nearly 28' gallery which opens to 3 beautiful public rooms spanning 63' in length. The corner living room, center reception room, and dining room are all very large and are complimented by attractive architectural exposures and tremendous morning light. The dining room retains its original intricate plaster ceiling and both fireplaces, in the living and dining rooms, are adorned with stunning custom marble mantels. Between the dining room and the oversized chefs windowed eat-in kitchen is a handsome wet bar, perfect for entertaining, with fabric walls and custom finishes in rich wood grain. There is a private library with views to Park Avenue located off the gallery as well. 10'6" ceilings throughout.

There are currently 3 sizeable bedrooms, all facing Park Avenue with bright Eastern light, and 1 additional guest room used as a home gym. The corner primary suite includes a gargantuan bathroom, with separate shower and soaking tub, with walls clad in tumbled imported stone. The primary suite's dressing room/ closet is equally impressive in size, and has 2 windows and a vanity sink.

Stunning custom solid wood doors, historically accurate marble fireplace mantels, and beautiful original herringbone floors are found throughout the home. There is through wall air conditioning throughout, and a separate windowed laundry room with sink next to the kitchen. A basement storage unit transfers with the sale.

550 Park Avenue is a top full service prewar co-op building completed in 1917, and designed by prominent architect, J.E.R. Carpenter. 50% financing is permitted, as are pets. Showings by appointment.

Listing History for 550 Park Ave, 3-E

Now
09/11/2024
$7,500,000
Sold and Closed by Edward F. Johnston, III
Brown Harris Stevens
05/31/2024
Contract Signed by Edward F. Johnston, III
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 Agent

Contact Agent

Edward Johnston, III
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: 2084852