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550 Park Avenue

Between East 61st Street & East 62nd Street   |    Park/Fifth Ave. to 79th St.

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Key Details

  • Co-op
  • Built in 1917
  • 32 Apartments
  • 17 Floors

Overview

81

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
  • #39 Rated co-op - Park/Fifth Ave. to 79th St.
How was this building rated?

This large, impressive apartment building at 550 Park Avenue on the southwest corner at 62nd Street was designed by J. E. R. Carpenter, the city s foremost architect of luxury residential buildings of his generation.

The building, which has a side-street entrance, was erected in 1917 and converted to a cooperative in 1952.

The 17-story building has only 32 apartments.

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Apts For sale AT 550 Park Avenue (2)

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Nearby Subway Stations

  1. M
    M
    • 5th Av - 53rd Street (at 5th Ave and 53rd) (0.46 miles)
     
  2. F
    F
    • Lexington Av (at Lexington Ave and 63rd) (0.15 miles)
     
  3. N
    N
    • 59th Street (at Lexington Ave and 60th) (0.16 miles)
     
  4. Q
    Q
    • 59th Street (at Lexington Ave and 60th) (0.16 miles)
     
  5. R
    R
    • 59th Street (at Lexington Ave and 60th) (0.16 miles)
     
  6. 4
    4
    • 59th Street (at Lexington Ave and 60th) (0.16 miles)
     
  7. 5
    5
    • 59th Street (at Lexington Ave and 60th) (0.16 miles)
     
  8. 6
    6
    • 59th Street (at Lexington Ave and 60th) (0.16 miles)
     
  9. E
    E
    • 5th Av - 53rd Street (at 5th Ave and 53rd) (0.46 miles)
     

Carter Horsley's Review

550 Park Avenue Carter Horsley's Building Review
"This large, impressive apartment building at 550 Park Avenue on the southwest corner at 62nd Street was designed by J. E. R. Carpenter, the city s foremost architect of luxury residential buildings of his generation." Read Carter's Full Review

The pros & cons

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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Famous Residents at 550 Park Avenue

 

Pricing Comparison of Similar Buildings

View Detailed Comparison

550 Park Avenue - 10 year Sales History

View Full Sales History
 

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In the Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 292 Available for Sale
  • $1,751 Avg. Price / Ft2
  • $5,554,639 Avg. Price
  • $3,395,000 Median Price
  1. Most Expensive 834 Fifth Avenue Apt 78A | $96,000,000
  2. Least Expensive The Beekman Apt 305 | $349,000
    Price / ft2 $582

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cityrealty insider access Interested in off-market listings at 550 Park Avenue? find out more
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