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A blog from CityRealty (Links below will take you to the 6sqft site)

555 Park Avenue, #5W

Listing no longer available on CityRealty as of Jul 16, 2019
It previously was on the market for a total of 124 days.
Last Sold on Jun 8, 2004 for $5,350,000
4 beds, 5.5 baths
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1 apartment is currently available in this building.
124 days on Market

Pricing History

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Key Details

  • Listed: Mar 14, 2019
    Last Price Change: +10.7% ($1,000,000) on Mar 17
    Days on Market: 124
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 341 times
Monthly Maintenance: $8,237
Total Taxes & Fees: $8,237
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $38,306
Note: the above is based on a down payment of 50% ($5,175,000), which is the minimum amount permitted by the building.

Description

This exceptionally beautiful 13 room cooperative with 4 bedrooms (and 2 staff bedrooms) exudes pre-war grandeur and timeless elegance. Oversized windows, soaring coffered ceilings, custom millwork, french doors, and richly stained parquet floors showcase grand-scaled rooms perfect for entertaining and comfortable living. The private elevator landing leads into a welcoming foyer which opens to the public spaces: a classic wood-paneled library lined with handsome custom cabinetry, a majestic living room with wood-burning fireplace and an expansive formal dining room.

The library, living room and dining room are enfilade and flow seamlessly. Twelve enormous windows face north onto 62nd Street and present excellent light. A stylish powder room and dry bar are also accessible from the foyer.

The bedroom wing includes an impressive corner master suite with sunny views north and west over Park Avenue. Adjoining is an enormous windowed marble bathroom and dressing area with several closets. Down the private hallway is a walk-in cedar closet and three large, light-filled bedrooms each with a renovated marble bathroom and abundant closets.

Two of the bedrooms offer picturesque views onto Park Avenue. A vast eat-in, chef's kitchen with south and east facing windows is fully equipped and anchored by a large butcher block island. Top of the line stainless appliances include a Blue Star professional 6-burner range with double ovens, separate griddle, broiler, and vented hood.

There are dual Subzero refrigerators, two Miele dishwashers, a wine cooler, an ice maker and a state-of-the-art, custom-built, temperature-controlled wine cellar for 750 bottles. A windowed butler's pantry with stainless countertops provides more storage space and a sink for meal prep or catering. There is also a laundry room with utility sink, two sizable staff bedrooms and a full bathroom.

All rooms have through wall a/c units and the kitchen features central air conditioning. The entertaining rooms include built-in Sonos speakers. 555 Park is a distinguished, white glove cooperative designed by George and Edward Blum and built in 1912.

The building has a gym, bike room and dedicated storage bins. 50% financing is permitted and there is 3% flip tax paid by the buyer. There are no summer work rules.

This residence is also available for rent for $37,500. This is a co-exclusive.

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Apartment Amenities

  • Washer/Dryer in apt.
  • Wood Burning Fireplace

About 555 Park Avenue

73

555 Park Avenue has received a CityRealty Rating of 73, 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

21
Out of 44
+
24
Out of 36
+
18
Out of 39
+
10
=
73
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:
Exists 1 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:
None 0 out of 2 points
Fenestration:
No Consistency 0 out of 1 points
Landmark:
No 0 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:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 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:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Very Attractive 3 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:
None 0 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
  • Co-op
  • Built in 1913
  • 22 Apartments
  • 12 Floors

Building Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • Pre War
  • Resident Storage
  • Health Club
  • Washer/Dryer in building
  • Elevator
  • Laundry Room

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