$5,400,000

550 Park Ave Unit 3W New York City, NY 10065

4 beds
3 full, 1 partial
Condo

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.

Highlights

Home typeStock Cooperative
StatusActive
Year built1917
MLS #RLS20005070
FireplaceOther

Virtual tour

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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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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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

Property sales

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Tax history

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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.

All data from GreatSchools

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.

How much money do the neighbors make?

20%
<35k
28%
35k-100k
26%
100k-200k
26%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

58%
Single, No Kids
5%
Single, with Kids
27%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
4%
12-17 yrs old
16%
18-34 yrs old
39%
35-64 yrs old
31%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Live TheatreLive Theatre
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • MercedesMercedes
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

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.

From Rocket Homes Real Estate and based on county public records data.

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