Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

550 PARK Avenue #16C
Pending For Sale Co-op

$4,250,000

$1,604 per sq ft

550 PARK Avenue #16C

Lenox Hill, Manhattan

550 Park Ave Corp

MLS® #RLS20014596

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

3

Bedrooms

2

Baths

2,650

Sq. Ft.

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 2,650 sq ft
Year Built N/A
Ownership Co-op
Maintenance $11,745/mo
Neighborhood Lenox Hill
Floor 16 of 17

Property Highlights

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

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full
Floor 16 of 17
View City
Exposure East,North,South
Cooling Varies By Unit
Pets Yes
Living Area 2,650 sq ft
Structure Type HighRise
Basement Other
Block/Lot 01376/0037

Description

PARK AVENUE GRANDEUR

Grand, sun-flooded 3 bedroom residence with soaring 10+ foot ceilings and panoramic skyline views of Park Avenue and beyond -- reaching all the way to the East River. This elegant home is abound with classic pre-war details featuring: crown, dental and chair rail moldings, beautiful herringbone floors, oversized windows and copious closet space. One enters from the semi-private elevator landing into a stately formal entry gallery where a paneled archway leads to the 27-foot, expansive corner living room, with multiple seating areas and a marble-mantled gas fireplace. The traditional formal dining room is accessed from the living room through pocket doors, making this sublime home perfect for large or intimate entertaining. Off the dining room is a spacious windowed kitchen with glass-front cabinets and granite countertops replete with a sizeable walk-in pantry. On the far side of the gallery is the well-appointed library lined with custom bookcases, built-ins and a charming dry bar. The shared en-suite bath connects to the spacious second bedroom with light-filled Eastern views. A long, private hallway lined with mirrored floor-to-ceiling wardrobes accesses the enormous corner primary bedroom with walk-in closet and a luxurious en-suite bath. There is central air in the public rooms and a basement storage unit is included. Can be combined with neighboring apartment 16AE to create a full floor residence.

Built in 1917 by renowned architect J.E.R. Carpenter, 550 Park Avenue is one of the City's premier, full-service co-ops in close proximity to Central Park and the best shops and restaurants. Washer/Dryer and pets allowed. Up to 50% financing is permitted and a 3% flip tax is paid by the purchaser.

Features & Amenities

Interior Features

Separate Formal Dining Room Building Other 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 $11,745/mo
Original Price $5,250,000
Previous Price $4,500,000

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

564

Median Asking Price

$1.46M

Median $/Sqft

$1,411

Avg Days on Market

N/A

New This Week

15

Price Reduced

39%

Sold (30 Days)

44

Median Sale Price

$1.60M

Live data from RLS at REBNY • Updated 2/17/26, 4:29 AM EST

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Location

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550 PARK Avenue #16C, Lenox Hill, New York County

MLS® ID: RLS20014596
First Listed: 4/7/2025
On Market: 4/7/2025
Price Changed: 10/8/2025
Pending Since: 2/12/2026
Contract Date: 4/7/2025

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Jill Roosevelt

Listing Contact: (212) 906-9340

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 2/17/2026 at 9:29 AM UTC

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