The Yosemite, 550 Park Avenue, #2W
$3,995,000
($1,141 per ft2)
| 3 beds, 4 baths | Approx. 3,500 ft2
66 days on Market
Key Details
-
Listed: Feb 27, 2024Days on Market: 66Building Type: CooperativeNeighborhood: Park/Fifth Ave. to 79th St. (Manhattan)Doorman: FT DoormanListing viewed 390 times
Monthly Maintenance:
$7,513
($2.15/ft2)
Est. Monthly Mortgage:
$22,172
Mortgage calculator
Total Est. Monthly Carrying Cost:
$29,685
($8.48/ft2)
Note: the above is based on a down payment of 20% ($799,000),
which is the minimum amount permitted by the building.
Insider Highlights
- Location and Design: This prestigious cooperative building is located on the sought-after Park Avenue in the Upper East Side, designed by the renowned architect Cleo Nichols, who also designed gallery spaces for the Metropolitan Museum of Art and Asia House.
- Spacious and Elegant Interior: The 3,500 square feet apartment features 3 bedrooms, 4 bathrooms, soaring ten-foot-plus ceilings, oversized windows with treetop views, a private elevator landing, and a grand entrance gallery. It's perfect for both large scale entertaining and intimate gatherings.
- Functional and Luxurious Amenities: The apartment boasts an impressive living and dining area with a wood burning fireplace, a large industrial-size kitchen with Butler’s Pantry, a corner master bedroom suite with a large custom dressing room, and a sizable laundry room.
- Building Features and Services: The building offers a concierge, elevator operator, resident storage, and allows pets. It was designed by James E.R. Carpenter, a famous architect of prewar luxury residential buildings in Manhattan, and was built in 1917 and converted to a cooperative in 1952.
- Exclusivity and Financing: The 17-story building houses only 32 apartments, providing a sense of exclusivity. It allows 50% financing and trusts.
- Convenient Location: The building is close to many fashionable boutiques and restaurants on Madison Avenue and not far from two subway lines, making it a perfect location for those who value convenience and luxury.
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. 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.
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. 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.
All content above are visible to screen reader users, so you may ignore the show more button below.
Listing Agent (Seller's Representative)
Listing courtesy of
Modlin Group LLC
Pricing History
Certain content is available only to members.
There's no obligation.
6sqft delivers the latest on real estate, architecture, and design, straight from New York City.
