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555 Park Avenue, #12W

Listing no longer available on CityRealty as of May 1, 2021
It previously was on the market for a total of 292 days.
Last Sold on May 18, 2023 for $7,000,000
5 beds, 4.5 baths | Approx. 4,250 ft2
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  • Buyers
  • Erica Sabetfard
  • Leor Sabetfard
  • Sellers
  • Edgar M. Cullman, Jr. As Executor
  • Estate Of Lewis B. Cullman
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292 days on Market

Pricing History

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Key Details

  • Listed: Jul 13, 2020
    Days on Market: 292
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 234 times
Monthly Maintenance: $9,776 ($2.30/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $37,136 ($8.74/ft2)
Note: the above is based on a down payment of 50% ($3,975,000), which is the minimum amount permitted by the building.

Description

BRING YOUR ARCHITECT/DESIGNER/CONTRACTOR!

RARE OPPORTUNITY TO OWN THE TOP FLOOR 5 BEDROOM, RESIDENCE 12W.

ALSO AVAILABLE JUST ONE FLOOR ABOVE IS THE CROWNING JEWEL, PHE FOR $2,950,000.

A palatial corner residence saturated with natural light, this 5-bedroom (including 1 staff bedroom), 4.5-bathroom home is a wonderful opportunity to create a contemporary Park Avenue masterpiece. Situated on the highest floor for its line, unit 12W boasts the ideal blend of space, light, and charming details for a stunning custom renovation. Features include 8 handsome oversized Juliette balconies, enormous windows with quadruple exposure, original parquet hardwood floors, high 10 foot ceilings, a wood-burning fireplace.

From a private elevator landing, the home opens into a gorgeous grand gallery and then flows into a formal living room and a quiet library.

The living room possesses a wood-burning fireplace and leads into a formal dining room with access to the kitchen and a powder room. The kitchen is large and is equipped with a windowed breakfast room, a pantry, and more than enough space for multiple fridges and ovens and any modern configuration.

The corner master bedroom overlooks Park Avenue and has large closets and a windowed en-suite bathroom. The second bedroom has private closet space and a windowed en-suite, while the remaining two bedrooms share access to a final windowed full bathroom.

One of the bedrooms also has a wet bar. The staff room has a full en-suite, double exposure, and plenty of storage space.

Also available for sale, just one floor above is Penthouse E for $2,950,000. This is a unique opportunity to own both 12W and PHE properties. Penthouse E is a 1400sf 2 bedroom, 2 bathroom with 2 private roof terraces, combined 1125sf, flooded with light.

A very special apartment that would be perfect as a large home office/studio, entertaining space, guest or family apartment. Please inquire for more information.

555 Park Avenue was designed by George and Edward Blum, originally built in 1914 and converted to a co-op 1946. This highly desired building includes a 24 hour doorman, concierge, resident superintendent, a fitness room, and a large dedicated storage bin.

Pets are allowed. 50% financing is allowed, 3% flip tax paid by the purchaser. There are no summer work rules. *This is a Nest Seekers Exclusive

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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

Building Amenities

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

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