Listing Courtesy of Douglas Elliman Real Estate
$7,900,000
Potential Rebate: $118,500
<p> <strong></strong></p> <p> <strong></strong></p> <p>Welcome to Residence 12E at 550 Park Avenue-a distinguished high-floor home in one of Lenox Hill's most prestigious pre-war cooperatives.</p> <p>This approximately 4592 SF, grand apartment is a shining example of the Golden Age of New York architecture. Designed by renowned architect J.E.R. Carpenter in the 1920s, the residence is defined by its scale, elegance, and thoughtful layout.</p> <p>Off the central gallery, a large 40" x 18" great room with 11-foot ceilings and oversized windows capture abundant natural light from the north and east. Just beyond, a formal dining room with the capacity to comfortably host 20+ guests sets the stage for refined entertaining. The chef's kitchen is outfitted for serious culinary endeavors and is supported by a butler's pantry, a dedicated staff office, a generous storage room, and in-unit laundry. A den/library-also off the central entry gallery-and a large powder room complete the northern portion of the home.</p> <p>Down the private southern corridor, four spacious bedrooms each feature en-suite bathrooms and walk-in closets, with two corner bedrooms offering enhanced natural light and privacy. With its classic herringbone walnut floors, soaring ceilings, expansive windows, and considerable storage space, Residence 12E is ideal for multi-generational living and an exceptional canvas for timeless living.</p> <p>Completed in 1917, 550 Park Avenue stands as one of Manhattan's premier white-glove cooperatives. Located at the southwest corner of Park Avenue and 62nd Street, the building is celebrated for its stately design and gracious floorplans. Residents enjoy close proximity to Central Park, Madison Avenue shopping, and world-class dining.</p> <p>50% financing permitted and there is a 3% flip tax paid by the buyer. Some images have been virtually staged.</p> <p> <strong></strong></p> <p> <strong></strong></p>
$52,249 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$118,500
Monthly savings impact
$329/mo
Effective Purchase Price
$7,781,500
(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 Douglas Elliman Real Estate
Data Source: TRESTLE #RLS11000693
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 Douglas Elliman Real Estate
Data Source: TRESTLE #RLS11000693
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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