550 Park Avenue #16AE

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. There is a 3% flip tax to be paid by buyer.