Set within one of Park Avenue's most storied cooperatives, this grand eight-room residence blends timeless pre-war architecture with the bold, expressive spirit of 1970s design.
A private elevator landing opens to a sweeping marble-clad gallery, where 11-foot ceilings, soaring proportions, and streaming natural light immediately set a luminous tone.
The nearly 50-foot-long living and dining room offers dramatic scale, framed by oversized windows that capture serene treetop views of the Colony Club. A sunken living area - a signature of 1970s interiors - creates a relaxed yet dynamic flow, while a cozy library nook anchored by a wood-burning fireplace adds an intimate counterpoint.
Designed for modern entertaining, the chef's kitchen features an industrial Garland range, a professional-grade refrigerator, and a spacious butler's pantry. French-inspired details and the industrial scale of the appliances bring both warmth and gravitas to the space.
A discreet powder room completes the entertaining wing.
The private quarters include a corner primary suite with a large walk-in closet and a luxurious en-suite bath with a soaking tub and double vanity. A secondary bedroom offers a rare retreat: an en-suite bath with a cedar-lined sauna and a Japanese soaking tub. A third bedroom with en-suite bath and a flexible staff room complete the layout.
With its distinctive sunken living room, rich materiality, and original architectural bones, the residence offers extraordinary potential to reimagine and modernize - whether embracing its vintage soul or layering in new, contemporary elements.
Built in 1917 by legendary architect James E.R. Carpenter, 550 Park Avenue remains one of Manhattan's most prestigious cooperatives, offering white-glove service, up to 50% financing, and a 3% flip tax paid by the buyer..
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.