550 Park Ave
New York, NY 10065 (Upper East Side)
$782,260 Trulia Estimate

550 Park Ave
New York, NY 10065

(Upper East Side)
  • 156,390 sqft
  • 0.27 acres lot size
  • Coop
Off Market · Public Record
$782,260 Trulia Estimate
550 Park Ave
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  • 1 Elementary School

    5 Middle Schools

    2 High Schools

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  • Lowest crime relative to the rest of New York county.

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  • 15% of residents commute by car.

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  • 2497 Restaurants

    81 Grocery stores

    624 Nightlife

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Off Market · Public Record

Home Details

Overview
  • Coop
  • Built in 1917
  • 0.27 acres lot size
  • 156,390 sqft
Description

This property is no longer available to rent or buy. This description is from June 11, 2013
It is classic because of a certain eternal and irrepressible freshness, wrote Edith Wharton who authored a book about Manhattan residential architecture, raised to its most enduring expression in Apartment 5W at 550 Park, the 1917 design of James E. R. Carpenter, progenitor of the luxury communal dwelling on Park Avenue. The magnificence of its Renaissance-inspired faade and serene lobby served by a white glove staff is equaled in grandeur but surpassed in ingenuity by Carpenters center-hall floor plan for all seasons. From a private landing, one is greeted by the classic quartet of a central gallery flanked by an enormous living room, embassy-sized formal dining room and a handsome library/media room. Attending these elegant chambers is an oversized, chefs kitchen with a separate banquette for your eight favorite relatives. The master suite, a combination of two original bedrooms, is one you may never want to leave. Amenities include lofty ceilings, exquisite period flooring, gigantic windows through which the sun-lit Colony Club can be admired, myriad ample closets and baths, a staff suite and home gym. Meticulously restored, diligently maintained and carefully outfitted with the latest technology, Apartment 5W is a monument to elegance, gracefully housing its fortunate inhabitants, including the James Carpenters, for over 100 years. Apartment Features: North exposure, Wood-burning fireplace, Full city view, Partial city view, Prewar detail, Beamed ceiling, Floors - hardwood, Floors - herringbone, Light - excellent, Windows - oversized, Modern kitchen, Renovated bathroom, Walk in closets, Washer/dryer, Dishwasher Building Features: Wood-burning fireplace

Price History
Date
Price
Event

04/09/2015
$5,800,000
Posting removed

02/18/2015
$5,800,000
Pending

01/31/2015
$5,800,000
Listed for sale

Property Taxes and Assessment
Year
2016
Tax
$1,807,206.50
Assessments
$15,210,450
Land
$4,149,000
Improvements
$11,061,450
Total
$15,210,450
Market Value
N/A

Price Trends
Real Estate Trends
Average Listing Price for 10065
$5,447,382
Median Sale Price for 10065
$1,800,000
Average Sale price/sqft for 10065
$1,654/sqft
Comparables and Estimates
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
1.15
Condo
$1,875,000
12/26/17
-
-
1,157
0.84
Condo
$1,184,839
12/29/17
-
-
667
0.72
Condo
$830,000
01/03/18
-
-
586
0.87
Condo
$905,000
12/19/17
-
-
685
0.58
Condo
$1,135,000
12/28/17
-
-
1,080
0.78
Condo
$1,720,000
01/02/18
-
-
614
0.42
Condo
$615,000
01/03/18
-
-
496
0.34
Condo
$1,750,000
12/28/17
-
-
1,113
0.52
Condo
$1,725,000
12/19/17
-
-
1,300
0.36
Condo
$720,000
12/22/17
-
-
587

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