#RLS20004067, Kathy M Murray, Listing Office: Douglas Elliman Real Estate

550 Park Ave Unit 3W New York City, NY 10065
Property details
About 550 Park Ave Unit 3W
Welcome to an exceptional opportunity to reside in one of Manhattan's most prestigious addresses at 550 Park Ave. This exquisite residence offers an expansive layout featuring four spacious bedrooms and three and a half bathrooms, perfectly designed for comfort and elegance. A private elevator landing leads you into this 9-room home where a gracious entry hall unveils an exquisite residence designed by the renowned architect, Costas Kondylis. The apartment boasts 11-foot ceilings and oversized windows, offering views to the north of the iconic Colony Club and a glimpse of the Park Avenue malls. A formal dining room and living area stretch to nearly 50’ of frontage over tree lined 62nd street, which lends itself perfectly for entertaining or simply indulging in the depth of the rooms. The living room has a wood-burning fireplace, stunning hardwood floors, and room for multiple seating areas. The grandly scaled dining room blends seamlessly into the living space and can host lavish parties with unlimited seating . The beautifully appointed library off the living room also has a wood burning fireplace. As you make your way through to the sleeping quarters, the primary suite is a serene retreat with a western exposure and offers generous closet space, seating area and an en-suite bathroom. The additional 3 bedrooms provide flexibility for family, guests, or additional workspace. A separate eat-in, windowed refurbished kitchen features a butler's pantry ideal for any culinary endeavor as well as a separate breakfast room. There is also a washer/dryer in the unit. With northern, southern, eastern, and western exposures, the apartment is bathed in natural light throughout various times. Additional luxuries include a dressing area, powder room, and a convenient in-unit washer/dryer. 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. 50% financing permitted and there is a 3% flip tax paid by the buyer.
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Summary
- MLS Number: RLS20005070
- MLS Name: RLS
- Office Name: Compass
- Office Phone: (212) 913-9058
- Office Email: daniel.marrello@compass.com
- Listing Agent: Richard J Steinberg
- Agent Phone: (917) 676-0150
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Last updated on: 3/5/2025, 10:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,400,000
550 Park Ave Unit 3W
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Price information
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Nearby schools
9
P.S. 267 East Side Elementary School
Public District KG-5
0.3 mi
•213 E 63rd St
8
P.S. 59 Beekman Hill International School
Public District KG-5
0.4 mi
•231 E 56th St # 249
8
P.S. 183 Robert L. Stevenson School
Public District KG-5
0.6 mi
•419 E 66th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $103,409. The most common annual income of people living in New York City, NY is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
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About 550 Park Ave Unit 3W
This home is located at 550 Park Ave Unit 3W in New York City, NY and zip code 10065 in the Upper East Side neighborhood. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 26, 2025 and is currently priced at $5,400,000.
New York City, NY housing market in February 2025 saw over 189 listings sold above listed price, more than 682 sold at listed price and over 627 sold below. The inventory of homes for sale in New York City, NY between January and February 2025 decreased by 3.1%. Listings spent 130 days on the market in February 2025, and had a median list price of $867,439 during the same period.