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550 Park Ave. 2W, New York, NY 10065

$5,500,000
Active Listing
Listing Details:
$5,500,000 Price
Co-op Property Type
Lenox Hill Neighborhood
3 Beds
3.5 Baths
-- Approx. Sq. Ft.
$6,667 Maint/CC
Key Features:
Doorman
Elevator
Allows Pets
Storage
Description:

Enjoy downtown living on Park Avenue in this ten into eight room residence in one of the Upper East Side's most prestigious and sought-after cooperatives. Ideally located on the corner of 62nd Street and Park Avenue, Residence 2W epitomizes elegance and sophistication. Encompassing approximately 3,500 square feet, this extraordinary home is the spectacular result of a thoughtful and masterful design by noted architect, Cleo Nichols, who also designed gallery spaces for the Metropolitan Museum of Art and Asia House. His attention to detail and artful eye is evidenced throughout the home with an unmistakable emphasis on surface and textual elements as well tone and shape. Perfect for an art collector, this loft-like space lends itself to showcase paintings and sculpture to maximum advantage.

With soaring ten foot-plus ceiling heights and oversized windows with treetop views overlooking the historic Colony Club, the expansive and flexible layout is perfect for large scale entertaining as well as intimate gatherings. A private elevator landing opens to a grand entrance Gallery from which all the entertaining rooms radiate. The impressive Living and Dining area span a nearly 50-foot expanse and features a wood burning fireplace. The adjacent Library could easily serve as a third bedroom. The industrial-size Kitchen with Butler's Pantry is large and can handle entertaining large groups. A corner Master Bedroom Suite with large custom dressing room is the result of combining two separate bedrooms. The second Bedroom, currently used as an office, has its own bathroom as does the large Staff Room. There is sizable Laundry Room as well. In addition, two staff rooms on the 18th floor have been combined to create the only Private Gym in the building which can convey with the apartment for an additional monthly fee of $1,500. A large private Storage Bin is also included.

550 Park Avenue was built in 1917 and designed by one of Manhattan’s most famous architects of prewar luxury residential buildings, James E.R. Carpenter, and has long been prized for its sophisticated elegance and grandeur. Pied a terres and pets allowed. No financing permitted. 3% flip tax paid by purchaser. Work rules: January 3 to November 1. This is a co-exclusive with Stribling at Compass.

Listing courtesy of Modlin Group LLC

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