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$7,781,500
List Price: $7,900,000
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550 Park Avenue #12E
Coop in Lenox Hill •  building info
5bd • 4.5ba
Buy with Yoreevo

$7,781,500

List Price

$7,900,000

Key Details
Days on market
479
Last price change
loading...
Estimated payment
$52,125/mo
Taxes
Included in maintenance fees
Maintenance
$13,212/mo
Description
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.

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Important Stuff
Elevator
Washer/Dryer in unit
Full Time Doorman
Policies
Pied-a-Terre Allowed
Unit features
Central Air
Dishwasher
Fireplace
Hardwood floors
Storage Available
View

City, Skyline

Building amenities
Services and facilities
Fios Available
Laundry in Building
Building info

History
What it'll cost
Purchase price
$7,900,000
Asking Price: $7,900,000
Term
30 Years
Down Payment
$1,580,000 (20%)
Min: 20% (1,580,000)
Rate
6.25 %
Mortgage Amount
$6,320,000
Mortgage Payment
$38,913
Maintenance
$13,212
Estimated Yoreevo rebate
$118,500
Estimated closing cost
$185,000
Total monthly cost $52,125
Buy your dream home with us and get an estimated $118,500 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Douglas Elliman

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