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550 Park Avenue was designed in 1917 by J.E.R. Carpenter, the city’s foremost architect of luxury and residential buildings, and has long been sought after as one of New York’s most distinguished residential co-operatives. Prized for its ideal location, architectural elegance and impeccable service to shareholders, the co-op welcomes pets and pied a terres, and it has no summer work rules. Now comprised almost entirely of full and half floor apartments, 16AE is unique as the only remaining smaller apartment, yet it retains the building’s iconic charmingly scaled rooms, soaring ceilings and well-designed division between public and private space. It is in excellent condition, offering the perfect two bedroom, two bath home or pied a terre in the city. No financing permitted. Owner/Broker.