The listing facts are current enough for an initial property review.
550 Park Ave Fl 12E
Listing Notes
Welcome to Residence 12E at 550 Park Avenue-a distinguished high-floor home in one of Lenox Hill's most prestigious pre-war cooperatives. This approximately 4592 SF, grand apartment is a shining example of the Golden Age of New York architecture. Designed by renowned architect J.E.R. Carpenter in the 1920s, the residence is defined by its scale, elegance, and thoughtful layout. Off the central gallery, a large 40 x 18 great room with 11-foot ceilings and oversized windows capture abundant natural light from the north and east. Just beyond, a formal dining room with the capacity to comfortably host 20+ guests sets the stage for refined entertaining. The chef's kitchen is outfitted for serious culinary endeavors and is supported by a butler's pantry, a dedicated staff office, a generous storage room, and in-unit laundry. A den/library-also off the central entry gallery-and a large powder room complete the northern portion of the home. Down the private southern corridor, four spacious bedrooms each feature en-suite bathrooms and walk-in closets, with two corner bedrooms offering enhanced natural light and privacy. With its classic herringbone walnut floors, soaring ceilings, expansive windows, and considerable storage space, Residence 12E is ideal for multi-generational living and an exceptional canvas for timeless living. Completed in 1917, 550 Park Avenue stands as one of Manhattan's premier white-glove cooperatives. Located at the southwest corner of Park Avenue and 62nd Street, the building is celebrated for its stately design and gracious floorplans. Residents enjoy close proximity to Central Park, Madison Avenue shopping, and world-class dining. 50% financing permitted and there is a 3% flip tax paid by the buyer. Some images have been virtually staged.
Market Insights
Comparable price-per-square-foot data is still developing for this home.
- 8 nearby properties available for comparison.
- Price history is limited, so current comps matter more than trend alone.
- Square footage is missing, so valuation should lean more heavily on comps and condition.
Estimated Monthly Payment
Assumes 20% down, 7.00% APR over 30 years. Tax and insurance are national-average estimates — your lender quote will differ.
- Principal & interest$42,047
- Property tax (est.)$7,242
- Home insurance (est.)$2,633
Property Read
Nearby inventory exists, but square-footage or price data is incomplete for a clean median comparison.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 634 days
- Last price change
- No change recorded
- Listed
- Aug 16, 2024
- Photos
- 30 photos
- Property type
- coop
- Status
- for sale
Features & Amenities
Photos
Building Facts
- Year built
- 1917
- Stories
- 17
- Total units
- 36
- Residential units
- 35
- Building area
- 3.59 ac
- Lot size
- 11,715 sqft
- Land use
- Multi-family elevator buildings
- Building class
- D4
From NYC public records where available.
Price History
Public Records
83 total recorded against the building
2 total recorded
Tax-lot deed, mortgage, and transfer records on file
Recent DOB
- Dec 1, 2021V*-DOB VIOLATION - DISMISSED · EGRADE-FAILURE TO POST ENERGY GRADE/SCORE NONE
- Sep 30, 2020V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
- Sep 14, 2020V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Sep 14, 2020V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
Recent HPD
- Nov 3, 2022Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Oct 26, 2016Class I · SECTION27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE ?27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PRO...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.