Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
550 PARK Avenue #12E
Active For Sale Co-op

$7,900,000

550 PARK Avenue #12E

Lenox Hill, Manhattan

550 Park Ave Corp

MLS® #RLS11000693

RLS at REBNY

Listing by Douglas Elliman Real Estate

5

Bedrooms

5.5

Baths

Sq. Ft.

1917

Year Built

Quick Summary

Bedrooms 5
Bathrooms 5 full, 1 half
Year Built 1917
Ownership Co-op
Maintenance $13,509/mo
Neighborhood Lenox Hill
Floor 12 of 17

Property Highlights

  • Views: City
  • Exposure: East,North,South facing
  • Fireplace: 1 fireplace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 12
Baths 4 Full, 1 Half
Floor 12 of 17
View City
Exposure East,North,South
Cooling Varies By Unit
Pets Yes
Year Built 1917
Structure Type HighRise
Basement Other
Block/Lot 01376/0037

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.

Features & Amenities

Interior Features

Separate Formal Dining Room Building Other Washer Hookup In Unit Fireplace (1)

Exterior Features

None

Building Amenities

Storage

Appliances

Washer Dryer Allowed

Building Information

Building 550 Park Ave Corp
Total Units 35
Stories 17
Structure HighRise

Financial Details

Maintenance $13,509/mo
Original Price $9,500,000
Previous Price $8,650,000

Lenox Hill offers a sophisticated blend of residential tranquility and cosmopolitan convenience. As one of the most coveted sections of the Upper East Side, the neighborhood is defined by its proximity to Central Park, world-class medical institutions, and the high-end boutiques of Madison Avenue. The housing stock here is diverse, ranging from palatial pre-war cooperatives to sleek, modern condominiums that offer sweeping views of the East River and the city skyline.

Lenox Hill Live Market Data

View Neighborhood

Active Listings

569

Median Asking Price

$1.40M

Median $/Sqft

$1,437

Avg Days on Market

N/A

New This Week

26

Price Reduced

40%

Sold (30 Days)

47

Median Sale Price

$1.63M

Live data from RLS at REBNY • Updated 2/19/26, 4:11 PM EST

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Location

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550 PARK Avenue #12E, Lenox Hill, New York County

MLS® ID: RLS11000693
First Listed: 8/15/2024
On Market: 8/15/2024
Price Changed: 9/2/2025
Contract Date: 8/15/2024

Listing Courtesy of Douglas Elliman Real Estate - Thomas Aabo

Listing Contact: (917) 744-2937

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 2/19/2026 at 9:11 PM UTC

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