SOLD FOR $7,200,000
· Closed September 16, 2025
550 PARK Avenue #2E
MLS® #RLS20024925
Listing by Coldwell Banker Warburg
5
Bedrooms
5
Baths
4,500
Sq. Ft.
1916
Year Built
Quick Summary
Property Highlights
- Views: City
- Exposure: East facing
- Fireplace: 1 fireplace
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | May 19, 2025 | $7,200,000 | - |
| Currently | May 29, 2026 | $7,200,000 | - |
Description
Elegance is epitomized on Park Avenue in this exquisite, sprawling 11 room, five-bedroom residence, complete with a library, staff room, windowed eat-in kitchen, expansive formal dining room, and enormous corner living room.
The property boasts an impressive number of windows overlooking Park Avenue and the Colony Club. Designed by the renowned architect James E. R. Carpenter, 550 Park was constructed in 1917 and is distinguished by its grand proportions, high ceilings, large windows, intricate moldings, and beautifully crafted herringbone patterned floors.
Upon exiting the elevator onto the private landing, one enters the stately entry hall, leading to a bright, corner living room with unobstructed views of Park Avenue. The room's working wood-burning fireplace and nearly forty-foot length create a warm, inviting atmosphere, with an abundance of natural light throughout the day.
The spacious dining room is ideal for gracious entertaining, accommodating guests with ease. The large, eat-in kitchen features stainless steel appliances, an oversized Sub-Zero refrigerator, and additional service space in the adjacent Butler's pantry, laundry room, and staff room with bath. Each east-facing bedroom is generously sized, filled with natural light, and provides a peaceful retreat. The separation between private and public areas ensures complete privacy.
550 Park is a white-glove doorman building, complete with a live-in superintendent and full-time porter. Located in the heart of the Upper East Side, mere minutes from Central Park and Midtown, residents enjoy unparalleled access to some of the world's premier shopping and dining destinations.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Lenox Hill
View All Lenox Hill ListingsLenox Hill occupies a residential section of the Upper East Side, defined by proximity to Central Park, major medical institutions (Memorial Sloan Kettering, Weill Cornell, Lenox Hill Hospital), and the Madison Avenue retail corridor. Housing stock ranges from large pre-war cooperatives to modern condominiums with East River and skyline views.
Lenox Hill Live Market Data
View NeighborhoodActive Listings
651
Median Asking Price
$1.35M
Median $/Sqft
$1,455
Avg Days on Market
N/A
New This Week
35
Price Reduced
32%
Sold (30 Days)
39
Median Sale Price
$1.20M
Live data from RLS at REBNY • Updated 5/29/26, 10:45 AM EST
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Location
550 PARK Avenue #2E, Lenox Hill, New York County
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Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
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Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $9,700 per month. Confirm the exact amount with the listing broker before making an offer.
This property has 5 bedrooms and 5 full bathrooms.
The listed interior living area is 4,500 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1916, making it approximately 110 years old.
This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $7,200,000 for 4,500 sq ft, the asking price per square foot is approximately $1,600. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Coldwell Banker Warburg - Parisa M Afkhami
Listing Contact: (917) 415-7048
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.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 5/29/2026 at 2:45 PM UTC