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The Yosemite, 550 Park Avenue, #12E

$9,500,000 | 4 beds, 4.5 baths
Building Profile  | 
98 days on Market

Key Details

  • Listed: Aug 15, 2024
    Days on Market: 98
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 187 times
Monthly Maintenance: $13,147
Est. Monthly Mortgage: $50,410
Total Est. Monthly Carrying Cost: $63,557
Note: the above is based on a down payment of 20% ($1,900,000), which is the minimum amount permitted by the building.

Insider Highlights

  • High-End Amenities: The residence boasts a commercial kitchen and butler’s pantry, a separate staff office and storage room, and in-unit laundry. The great room has 11’ ceilings and north and east exposures.
  • Full-Service Building: The luxury pre-war cooperative building offers full services including a concierge, doorman, and part-time elevator operator. Resident storage is also available.
  • Exclusive Living Experience: The building, designed by renowned architect J.E.R. Carpenter, houses few apartments, ensuring a more private living experience. The apartment also offers attractive and consistent fenestration.
  • City View: The apartment offers a stunning city view, adding to the overall appeal and luxury of the residence.
  • Prime Location: This high-floor residence is located in a prestigious Park Avenue address in the Lenox Hill neighborhood, close to Central Park and Madison & Fifth Avenue shopping and restaurants. It's also conveniently close to two subway lines for easy transportation.
  • Spacious and Luxurious Design: The apartment is spacious with 4 bedrooms and 4.5 bathrooms, all with en-suite bathrooms and walk-in closets. It features a grand Golden Age design with high ceilings, large windows, herringbone walnut floors, and ample storage throughout.

Description

High Floor Golden Age Masterpiece

Introducing 12E at 550 Park Avenue, a high-floor residence in one of Lenox Hill’s premier pre-war co-ops. More images coming soon!

A perfect example of the grand Golden Age apartments of the 1920s, this J.E.R. Carpenter masterpiece is full of volume, scale, and ideal circulation. A great room with 11’ ceilings and large windows that frame exposures to the north and east invite you into the heart of the home, while the adjacent dining room could comfortably host down a dinner of 18.

Designed for hospitality, a commercial kitchen and butler’s pantry are further complimented by direct access to a separate staff office and storage room, as well as the in-unit laundry. A den/library just off the entrance gallery, as well as a powder room, complete the northern wing.

Along the southern corridor, four bedrooms, all with en-suite bathrooms and walk-in closets, and two with corner exposures offer privacy and comfort.

With its high ceilings, large windows, herringbone walnut floors, and ample storage throughout, this residence offers the perfect framework for generation living and is truly a space to behold.

Completed in 1917, 550 Park Avenue is one of Manhattan’s preeminent luxury pre-war cooperatives located on the southwest corner of Park Avenue and 62nd Street. Designed by J.E.R. Carpenter, it is famous for its elegant and grand layouts adorned with pre-war details.

A full-service building, 550 Park Ave. is located in close proximity to Central Park and the Madison & Fifth Avenue shopping and restaurants.

50% financing permitted and there is a 3% flip tax paid by the buyer.

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Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About The Yosemite, 550 Park Avenue

81

The Yosemite, 550 Park Avenue has received a CityRealty Rating of 81, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

26
Out of 44
+
28
Out of 36
+
17
Out of 39
+
10
=
81
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
More than 5 Short Blocks 0 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
2 4 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
Yes 1 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 1952
  • Concierge
  • Elevator Operator
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Elevator

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Pros
  • Very elegant building
  • Attractive layouts
  • Few apartments
  • Concierge
  • Doorman
  • Consistent fenestration
  • Close to many fashionable boutiques and restaurants on Madison Avenue
  • Not far from two subway lines
  • Part-time elevator operator
Cons
  • No sundeck
  • No health club
  • No garage
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Subways

  1. F
at Lexington Ave and 63rd 0.15 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at Lexington Ave and 60th 0.16 miles
  1. M
  2. E
at 5th Ave and 53rd 0.46 miles

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