Enjoy downtown living on Park Avenue in this ten into eight room residence in one of the Upper East Side's most prestigious and sought after cooperatives.

550 Park Avenue Apt: 2W
New York NY 10065
Cross street:East 61st Street

Building

Type:Mid-rise
Era:Post-war
Floors:17

Property

Ownership: Co-op
Rooms: 8
Bedrooms: 3 BR
Bathrooms: 3.5
Pets: Pets Allowed

Financials

Price: $5,500,000
Maintenance: $6,667
587 Fifth Avenue New York, NY 10017
Fax:
Courtesy of Modlin Group LLC

Description

Enjoy downtown living on Park Avenue in this ten into eight room residence in one of the Upper East Side's most prestigious and sought-after cooperatives. Ideally located on the corner of 62nd Street and Park Avenue, Residence 2W epitomizes elegance and sophistication. Encompassing approximately 3,500 square feet, this extraordinary home is the spectacular result of a thoughtful and masterful design by noted architect, Cleo Nichols, who also designed gallery spaces for the Metropolitan Museum of Art and Asia House. His attention to detail and artful eye is evidenced throughout the home with an unmistakable emphasis on surface and textual elements as well tone and shape. Perfect for an art collector, this loft-like space lends itself to showcase paintings and sculpture to maximum advantage. With soaring ten foot-plus ceiling heights and oversized windows with treetop views overlooking the historic Colony Club, the expansive and flexible layout is perfect for large scale entertaining as well as intimate gatherings. A private elevator landing opens to a grand entrance Gallery from which all the entertaining rooms radiate. The impressive Living and Dining area span a nearly 50-foot expanse and features a wood burning fireplace. The adjacent Library could easily serve as a third bedroom. The industrial-size Kitchen with Butler's Pantry is large and can handle entertaining large groups. A corner Master Bedroom Suite with large custom dressing room is the result of combining two separate bedrooms. The second Bedroom, currently used as an office, has its own bathroom as does the large Staff Room. There is sizable Laundry Room as well. In addition, two staff rooms on the 18th floor have been combined to create the only Private Gym in the building which can convey with the apartment for an additional monthly fee of $1,500. A large private Storage Bin is also included. 550 Park Avenue was built in 1917 and designed by one of Manhattan's most famous architects of prewar luxury residential buildings, James E.R. Carpenter, and has long been prized for its sophisticated elegance and grandeur. Pied a terres and pets allowed. No financing permitted. 3% flip tax paid by purchaser. Work rules: January 3 to November 1. This is a co-exclusive with Stribling at Compass.

Amenities

Common Storage;

  • Elevator
  • Full time doorman

Neighborhood

More listings:

Enjoy downtown living on Park Avenue in this ten into eight room residence in one of the Upper East Side's most prestigious and sought after cooperatives.

Description

Enjoy downtown living on Park Avenue in this ten into eight room residence in one of the Upper East Side's most prestigious and sought-after cooperatives. Ideally located on the corner of 62nd Street and Park Avenue, Residence 2W epitomizes elegance and sophistication. Encompassing approximately 3,500 square feet, this extraordinary home is the spectacular result of a thoughtful and masterful design by noted architect, Cleo Nichols, who also designed gallery spaces for the Metropolitan Museum of Art and Asia House. His attention to detail and artful eye is evidenced throughout the home with an unmistakable emphasis on surface and textual elements as well tone and shape. Perfect for an art collector, this loft-like space lends itself to showcase paintings and sculpture to maximum advantage. With soaring ten foot-plus ceiling heights and oversized windows with treetop views overlooking the historic Colony Club, the expansive and flexible layout is perfect for large scale entertaining as well as intimate gatherings. A private elevator landing opens to a grand entrance Gallery from which all the entertaining rooms radiate. The impressive Living and Dining area span a nearly 50-foot expanse and features a wood burning fireplace. The adjacent Library could easily serve as a third bedroom. The industrial-size Kitchen with Butler's Pantry is large and can handle entertaining large groups. A corner Master Bedroom Suite with large custom dressing room is the result of combining two separate bedrooms. The second Bedroom, currently used as an office, has its own bathroom as does the large Staff Room. There is sizable Laundry Room as well. In addition, two staff rooms on the 18th floor have been combined to create the only Private Gym in the building which can convey with the apartment for an additional monthly fee of $1,500. A large private Storage Bin is also included. 550 Park Avenue was built in 1917 and designed by one of Manhattan's most famous architects of prewar luxury residential buildings, James E.R. Carpenter, and has long been prized for its sophisticated elegance and grandeur. Pied a terres and pets allowed. No financing permitted. 3% flip tax paid by purchaser. Work rules: January 3 to November 1. This is a co-exclusive with Stribling at Compass.

Amenities

Common Storage;

  • Elevator
  • Full time doorman

Neighborhood

More listings:

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.