550 Park Avenue #16AE
MLS® #RLS20073109
Listing by Compass
2
Bedrooms
2
Baths
1,225
Sq. Ft.
1917
Year Built
Quick Summary
Property Highlights
- Exposure: South,West facing
- Character: Pre-war building (1917)
Property Details
Description
Perched on the 16th floor, this refined five-room residence pairs classic proportions with effortless livability. Nearly 10-foot ceilings, gracefully scaled rooms, and a thoughtful separation between entertaining and private quarters create a home that feels both polished and inviting. The two-bedroom, two-bath layout is in excellent move-in condition, and the primary suite enjoys a charming, oblique view of Central Park—an elegant reminder of the apartment’s exceptional setting. Ideal as either a full-time residence or a sophisticated pied-à-terre, this offering represents a rare opportunity within one of Park Avenue’s most esteemed cooperatives. Designed in 1917 by celebrated architect J.E.R. Carpenter, 550 Park Avenue embodies the enduring refinement for which his buildings are renowned. Located just two blocks from Central Park and moments from the city’s finest dining, cultural institutions, and boutiques, it offers a timeless address at the center of Manhattan’s most distinguished neighborhood. Ownership includes the flexibility of up to 50% financing, a pet-friendly policy, and a generous private storage room. Trust purchases are permitted with board approval.
Features & Amenities
Interior Features
Building Amenities
Appliances
Building Information
Financial Details
About Lenox Hill
View All Lenox Hill ListingsLenox 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 NeighborhoodActive Listings
573
Median Asking Price
$1.37M
Median $/Sqft
$1,403
Avg Days on Market
N/A
New This Week
30
Price Reduced
39%
Sold (30 Days)
42
Median Sale Price
$1.64M
Live data from RLS at REBNY • Updated 2/20/26, 8:48 PM EST
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Location
550 Park Avenue #16AE, Lenox Hill, New York County
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
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Listing Courtesy of Compass - Michael Koeneke
Listing Contact: (858) 922-4308
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.
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RLS Data display by Keller Williams NYC. Data last updated on 2/21/2026 at 1:48 AM UTC