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550 Park Avenue 12ENew York, NY 10065

For Sale

$7,900,000

Smart Buyer Rebate $98,750

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.

Listed by Thomas Aabo

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License #10401377753

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Douglas Elliman Real Estate

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(917) 744-2937

Listed by Dustin V Crouse

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License #10301213122

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Douglas Elliman Real Estate

Last updated September 02, 2025

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Source: REBNY #RLS11000693

Listing Facts

  • TypeCo-op
  • NeighborhoodLenox Hill
  • Bedrooms4
  • Bathrooms4.5
  • Days on Prevu388
  • HOA/Maint. Fees$13,212/month

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Concierge

Location

Mortgage Calculator

Listing History

09/02/2025
Price Decreased
$7,900,000
06/24/2025
Price Decreased
$8,650,000
01/17/2025
Status changed to Active
$9,500,000
01/16/2025
Status changed to Removed from Feed
$9,500,000
08/15/2024
Listed by Douglas Elliman Real Estate
$9,500,000

Estimated Closing Costs

Total
$187,250
Attorney Fees
$4,000
NYC Mansion Tax
$177,750
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $7,900,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 550 Park Avenue 12E

Association

Amenities

  • Pets Allowed: Building Yes, Yes
  • Concierge: Doorman Full Time, Elevator Attendance Part Time

Fees

  • Association Fee: $13,212.00 Monthly

Financial

  • Flip Tax: 3.0%
  • Flip Tax Remarks: Buyer Pays

Compensation

Commissions

  • Buyer Agency Compensation: 2.5Percent

Exterior

Construction

  • Number Of Units Total: 35
  • Property Condition: Good Condition
  • Stories Total: 17
  • Structure Type: High Rise
  • Year Built: 1917
  • Building Name: 550 Park Ave Corp
  • Entry Level: 12

Features

  • Building Features: Storage
  • View: City

Interior

Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Interior Features: Separate/Formal Dining Room

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 4
  • Rooms Total: 12

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Lenox Hill
  • Tax Block: 01376
  • Tax Lot: 0037

Utilities

Equipment

  • Has Cooling: Yes
  • Laundry Features: Washer Hookup, In Unit

Based on information from Real Estate Board of New York and/or other sources. 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 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.