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Property 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-á-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.
Full Property Details
Full Property Details for 550 Park Ave #16AE
General
- Price: $1,495,000
- HOA FEE: $5,290/month
- Status: Active
- Type: Apartment
- Source: REBNY
- MLS ID: RLS20073109
- Updated: 2/20/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Entrance Foyer, High Ceilings, Walk-In Closet(s)
- Appliances: Dishwasher
- Furnishings: Unfurnished
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Common On Floor, See Remarks
Location
- County: New York
- Subdivision: Lenox Hill
Community
- Pets Allowed: Yes
Structural Information
- Structure Type: Multi Family
- Stories/Levels: 17
- Square Feet: 1,225
- Living Area: 1,225 Sq. Ft.
- Year Built: 1917
- Other Struct. Feat.: Elevator(s)
Lot Features
- Lot Dimensions: 100.420000 x 116.670000
Financial Considerations
- Association Fee: $5,290
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 1376-0037-00550-000-00016AE
- Block: 1376
- Lot Number: 37
Listing Courtesy of Compass
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Schools
Schools serving 550 Park Ave #16AE
School District:New York City Geographic School District 02
| Name | Grades | Distance |
|---|---|---|
East Side Elementary School, PS 267 213 East 63rd Street, New York, NY 10065 | K-5 | 0.3 mi |
Jhs 167 Robert F Wagner 220 East 76th Street, New York, NY 10021 | 6-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 550 Park Ave #16AE
Date
Details
Price
Change
Source
2/20/2026
Listed
$1,495,000
104.79%
MLS
7/08/2004
Sold
$730,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 550 Park Ave #16AE
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
100%
2024
100%
100%
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 550 Park Ave #16AE
550 Park Avenue #16AE, New York, NY 10065 (MLS# RLS20073109) is a Apartment property with 2 bedrooms and 2 full bathrooms. 550 Park Avenue #16AE is currently listed for $1,495,000 and was received on February 20, 2026. Want to learn more about 550 Park Avenue #16AE? Do you have questions about finding other Apartment real estate for sale in New York? You can browse all New York real estate or contact a Coldwell Banker agent to request more information.

