550 Park Ave

550 Park Ave Unit 16c, Manhattan, NY, 10065

Description

550 Park Ave is a high-rise building located in Manhattan, at the corner of Park Avenue and 62nd Street. The building sits near Central Park, providing great city views and access to green space. Nearby, shoppers can find high-end stores along Madison and Fifth Avenue. This 17-story structure contains 18 residential units. It was built in 1917 and is known for its classic architectural style designed by J.E.R. Carpenter. This full-service building offers various unit sizes, ranging from 2,650 to 7,000 square feet. Units feature high ceilings over 10 feet, herringbone wood floors, and large windows that fill the space with natural light. Private elevator landings give each unit added privacy and comfort. Pets are welcome in this building, and financing options are flexible, allowing for 50% financing. Prices for the units vary, with sales ranging from around $7,200,000 to $18,000,000. The average closed price is about $12,600,000, translating to an average price per square foot of $2,086. Units tend to stay on the market for about 231 days before selling. Nearby dining options include 540 Park Restaurant and Park Avenue Cafe. Grocery shopping is easy at Rich Products, which is close to the building. Residents enjoy beautiful views of the Park Avenue mall and the city skyline, enhancing the living experience. Overall, 550 Park Ave combines classic elegance with modern conveniences in a prime Manhattan location. The well-designed units and available amenities contribute to a luxurious lifestyle. Access to parks and shopping makes this building a desirable choice for city living.