550 Park Avenue, 16AE

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

Co-op [Full-Time Doorman]
$ 2,100,000
Rooms 5
Bedrooms 2
Bathrooms 2
Status Active
Maintenance [Monthly] $ 5,174
Financing Allowed 0%
Listing ID: 98816

Jason Bauer

License

Manager, Licensed Associate Real Estate Broker

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Property Description

This exquisite 5-room residence, located on the 16th floor, is in pristine, move-in condition and offers a captivating oblique glimpse of Central Park from the master bedroom. Thoughtfully designed with charmingly scaled rooms, soaring nearly 10-foot ceilings, and a seamless division between public and private spaces, this two-bedroom, two-bathroom apartment presents a rare opportunity to own a truly remarkable home or an elegant part-time residence in one of New York’s most distinguished cooperatives. Residents enjoy the convenience of 50% financing, a welcoming pet policy, and the inclusion of a spacious private storage room in the basement. Trusts are permitted with board approval, further enhancing the apartment’s appeal and versatility. Can be combined with neighboring apartment 16C to create a full floor residence. Built in 1917 by the acclaimed architect J.E.R. Carpenter, 550 Park Avenue epitomizes sophisticated elegance and timeless grandeur. Perfectly situated just two blocks from Central Park, this iconic building is surrounded by the city’s premier restaurants, shops, and museums, offering the ultimate New York address.
This exquisite 5-room residence, located on the 16th floor, is in pristine, move-in condition and offers a captivating oblique glimpse of Central Park from the master bedroom. Thoughtfully designed with charmingly scaled rooms, soaring nearly 10-foot ceilings, and a seamless division between public and private spaces, this two-bedroom, two-bathroom apartment presents a rare opportunity to own a truly remarkable home or an elegant part-time residence in one of New York’s most distinguished cooperatives. Residents enjoy the convenience of 50% financing, a welcoming pet policy, and the inclusion of a spacious private storage room in the basement. Trusts are permitted with board approval, further enhancing the apartment’s appeal and versatility. Can be combined with neighboring apartment 16C to create a full floor residence. Built in 1917 by the acclaimed architect J.E.R. Carpenter, 550 Park Avenue epitomizes sophisticated elegance and timeless grandeur. Perfectly situated just two blocks from Central Park, this iconic building is surrounded by the city’s premier restaurants, shops, and museums, offering the ultimate New York address.

Listing Courtesy of Sotheby's International Realty, Inc.

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Apartment Features

A/C
550 Park Avenue Upper East Side New York NY 10065

Building Details [550 Park Avenue]

Ownership Co-op
Service Level Full-Time Doorman
Access Elevator
Pet Policy Pets Allowed
Block/Lot 1376/37
Building Type Mid-Rise
Age Pre-War
Year Built 1917
Floors/Apts 17/38

Building Amenities

Common Storage

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
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.