Description
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.
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. 50% financing allowed. Trusts allowed. No LLC purchase. 3% flip tax paid by purchaser. Work rules: December 1 to January 6th.
Building Features 17 Floors38 Units
Unit Features
$3,995,000 / $1,141 per ft²
$1,005,000 - 52 days agoListed on Sep 18, 2023
192 Days on Market
3 Beds / 3.5 Baths / 3,500 ft²
Total Monthly Expenses: $7,513
Exclusively listed with: Modlin Group LLC Source: RLS
Adam
Modlin
adam@modlingroup.com
(212) 974-0740
Andrew
Nierenberg
andrew@modlingroup.com
(212) 974-0740
Unit listing history
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