Listing Courtesy of Brown Harris Stevens Residential Sales LLC
$4,250,000
Potential Rebate: $63,750
PARK AVENUE GRANDEUR<br> <br> Grand, sun-flooded 3 bedroom residence with soaring 10+ foot ceilings and panoramic skyline views of Park Avenue and beyond -- reaching all the way to the East River. This elegant home is abound with classic pre-war details featuring: crown, dental and chair rail moldings, beautiful herringbone floors, oversized windows and copious closet space. One enters from the semi-private elevator landing into a stately formal entry gallery where a paneled archway leads to the 27-foot, expansive corner living room, with multiple seating areas and a marble-mantled gas fireplace. The traditional formal dining room is accessed from the living room through pocket doors, making this sublime home perfect for large or intimate entertaining. Off the dining room is a spacious windowed kitchen with glass-front cabinets and granite countertops replete with a sizeable walk-in pantry. On the far side of the gallery is the well-appointed library lined with custom bookcases, built-ins and a charming dry bar. The shared en-suite bath connects to the spacious second bedroom with light-filled Eastern views. A long, private hallway lined with mirrored floor-to-ceiling wardrobes accesses the enormous corner primary bedroom with walk-in closet and a luxurious en-suite bath. There is central air in the public rooms and a basement storage unit is included. Can be combined with neighboring apartment 16AE to create a full floor residence.<br> <br> Built in 1917 by renowned architect J.E.R. Carpenter, 550 Park Avenue is one of the City's premier, full-service co-ops in close proximity to Central Park and the best shops and restaurants. Washer/Dryer and pets allowed. Up to 50% financing is permitted and a 3% flip tax is paid by the purchaser.
$32,746 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$63,750
Monthly savings impact
$177/mo
Effective Purchase Price
$4,186,250
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
Data Source: TRESTLE #RLS20014596
RLS at REBNY

2.5%
Experience
Member
Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
Data Source: TRESTLE #RLS20014596
RLS at REBNY

Compare average listing prices and value metrics for 550 Park Avenue Corp against the surrounding Lenox Hill market.
than the Lenox Hill price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Lenox Hill.

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