4 months on rocket

550 Park Ave Unit 12E, New York City, NY, 10065

$9,500,000

4 Bedrooms
4 Full Baths, 1 Partial
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeStock Cooperative
Year Built1917
CoolingVaries By Unit
FireplaceOther
ViewCity
MLS #RPLU-5123150513
StatusActive

About 550 Park Ave Unit 12E

<p><em><strong><span></span></strong></em></p><p><strong>High Floor Golden Age Masterpiece</strong></p><p><span></span></p><p><span>Introducing 12E at 550 Park Avenue, a high-floor residence in one of Lenox Hill's premier pre-war co-ops. More images coming soon!</span></p><p><span></span></p><p><span>A perfect example of the grand Golden Age apartments of the 1920s, this J.E.R. Carpenter masterpiece is full of volume, scale, and ideal circulation. A great room with 11' ceilings and large windows that frame exposures to the north and east invite you into the heart of the home, while the adjacent dining room could comfortably host down a dinner of 18. Designed for hospitality, a commercial kitchen and butler's pantry are further complimented by direct access to a separate staff office and storage room, as well as the in-unit laundry. A den/library just off the entrance gallery, as well as a powder room, complete the northern wing.</span></p><p><span></span></p><p><span>Along the southern corridor, four bedrooms, all with en-suite bathrooms and walk-in closets, and two with corner exposures offer privacy and comfort.</span></p><p><span></span></p><p><span>With its high ceilings, large windows, herringbone walnut floors, and ample storage throughout, this residence offers the perfect framework for generation living and is truly a space to behold.<br><br></span></p><p><span>Completed in 1917, 550 Park Avenue is one of Manhattan's preeminent luxury pre-war cooperatives located on the southwest corner of Park Avenue and 62nd Street. Designed by J.E.R. Carpenter, it is famous for its elegant and grand layouts adorned with pre-war details. A full-service building, 550 Park Ave. is located in close proximity to Central Park and the Madison & Fifth Avenue shopping and restaurants.</span></p><p><span></span></p><p>50% financing permitted and there is a 3% flip tax paid by the buyer.</p><p><em><span></span></em><em><span></span></em></p><p><strong><em><span></span></em></strong></p><p><em><span></span></em></p><p><strong><span></span></strong></p><p><span></span><span></span></p>

Property Details

Property Features

Property Information:

  • Year Built: 1917

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Dustin Crouse
  • Agent Phone: (570) 337-5306

Interior Features

Interior Information:

  • Basement: No
  • Interior: Separate/Formal Dining Room
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: City
  • Exterior: None

Utilities

Utilities Information:

  • Cooling: Varies By Unit

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,500,000

HOA Fees:

  • Amount: $13147
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

550 Park Ave Unit 12E vs New York

121 DAYS ON ROCKET

+36 Days

$9,500,000

+$8.6M More

KEY TAKEAWAY

This property is $8.6M more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-5123150513

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Dustin Crouse
  • Agent Phone: (570) 337-5306

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/22/2024, 11:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$60.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$28.5K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-955615
9
/10
  • P.S. 267 East Side Elementary School

  • 213 E 63rd St

  • 0.27 miles

  • Public District Grades KG-5

school-card-donut-955616
8
/10
  • P.S. 59 Beekman Hill International School

  • 231 E 56th St # 249

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-955617
8
/10
  • P.S. 183 Robert L. Stevenson School

  • 419 E 66th St

  • 0.59 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $103,409. Residents of New York, NY typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 550 Park Ave Unit 12E

What is the listing price of this property?

The listing price of 550 Park Ave Unit 12E property is $9,500,000.

What type of property is this?

The property 550 Park Ave Unit 12E is a condo located in New York City, New York, 10065.

Is this property for sale now?

Active Listing: 550 Park Ave Unit 12E is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 550 Park Ave Unit 12E has 4 bedrooms and 4 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 550 Park Ave Unit 12E is 1917.
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Rocket HomesNew YorkNew York10065550 Park Ave Unit 12E

This home is located at 550 Park Ave Unit 12E in New York City, NY and zip code 10065 in the Upper East Side neighborhood. This home was built in 1917. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $9,500,000.

In November 2024, from all listings sold in New York, NY there were more than 220 sold above asking price, over 758 sold below and more than 769 were sold right at the asked price. In November 2024 in New York, NY there were 7.2% less homes for sale than in October 2024. While the average time on the market in November 2024 was 85 days, the median list price was $850,115.

From Rocket Homes Real Estate and based on county public records data.

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