The Yosemite, 550 Park Avenue, #12A
352 days on Market
Key Details
-
Listed: May 17, 2023Last Price Change: -8.8% ($795,000) on Sep 15Days on Market: 352Building Type: CooperativeNeighborhood: Park/Fifth Ave. to 79th St. (Manhattan)Doorman: FT DoormanListing viewed 188 times
Monthly Maintenance:
$12,994
($3.25/ft2)
Est. Monthly Mortgage:
$45,465
Mortgage calculator
Total Est. Monthly Carrying Cost:
$58,459
($14.61/ft2)
Note: the above is based on a down payment of 20% ($1,640,000),
which is the minimum amount permitted by the building.
Insider Highlights
- Property Details: This luxurious residence is located at 550 Park Avenue, #12A, listed for $8,200,000. It offers approximately 4,000 ft2 of living space, with 4 bedrooms, 4.5 bathrooms, and a private elevator landing. The apartment is on the 12th floor with 10.6 ft ceilings and 21 oversized windows, providing ample natural light.
- Building Information: The cooperative building, completed in 1917 and converted in 1952, has 32 apartments across 17 floors. It offers amenities such as a full-time doorman, concierge, elevator operator, resident storage, and laundry room. However, it does not have a sundeck, health club, or garage.
- Financial Details: The monthly maintenance fee is $12,994, with total taxes and fees also amounting to $12,994. The property allows 50% financing and there is a 3% flip tax payable by the purchaser.
- Flexible Layout: The apartment offers the possibility of four or five bedrooms, depending on your needs. It also features a large south-facing kitchen and an adjacent staff room.
- Pet and Pied-a-Terre Policy: The building is pet-friendly and allows pied-a-terres, making it a flexible choice for various lifestyles.
- Location: The property is situated in the fashionable Park/Fifth Ave. to 79th St. neighborhood, close to many boutiques and restaurants on Madison Avenue. It is also conveniently located near two subway lines.
Description
Park Ave/62nd St - Massive Prewar 12 on High Floor
Ideally situated on the 12th floor of one of J.E.R Carpenter’s most prestigious white-glove cooperative buildings, this exceptional 12 room residence, with approximately 4000 square feet, has massive proportions, beautiful prewar details and soaring 10.6 ft ceilings. Light streams in throughout the day through 21 oversized windows spanning all four exposures.
A private elevator landing opens into an elegant 25 Ft. gallery which leads to an impressive 63 Ft. expanse of entertainment space capturing open views over the Colony Club and the Upper East Side Historical District through enormous picture windows. To the right of the gallery is an oversized library with a wood burning fireplace and open views over Park Avenue.
The private bedroom wing of the residence provides for the possibility of as many as four or five bedrooms, each benefiting from excellent light and open views.
A large south-facing kitchen and adjacent staff room are situated in the western wing of the apartment.
Completed in 1917, 550 Park Avenue is a full-service, white-glove doorman building comprised of 17 floors with only two apartments per floor, each line with its own private elevator elevator landing. Resident amenities include a private rooftop, separate storage, and laundry room. Pied- -terres and pets are allowed. 50% financing is permitted, and there are no summer work rules.
There is a 3% flip tax payable by the purchaser.
Ideally situated on the 12th floor of one of J.E.R Carpenter’s most prestigious white-glove cooperative buildings, this exceptional 12 room residence, with approximately 4000 square feet, has massive proportions, beautiful prewar details and soaring 10.6 ft ceilings. Light streams in throughout the day through 21 oversized windows spanning all four exposures.
A private elevator landing opens into an elegant 25 Ft. gallery which leads to an impressive 63 Ft. expanse of entertainment space capturing open views over the Colony Club and the Upper East Side Historical District through enormous picture windows. To the right of the gallery is an oversized library with a wood burning fireplace and open views over Park Avenue.
The private bedroom wing of the residence provides for the possibility of as many as four or five bedrooms, each benefiting from excellent light and open views.
A large south-facing kitchen and adjacent staff room are situated in the western wing of the apartment.
Completed in 1917, 550 Park Avenue is a full-service, white-glove doorman building comprised of 17 floors with only two apartments per floor, each line with its own private elevator elevator landing. Resident amenities include a private rooftop, separate storage, and laundry room. Pied- -terres and pets are allowed. 50% financing is permitted, and there are no summer work rules.
There is a 3% flip tax payable by the purchaser.
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Apartment Amenities
- River View
Listing Agent (Seller's Representative)
Listing courtesy of
Brown Harris Stevens Residential Sales LLC
Pricing History
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