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555 Park Ave Inc

555 Park Avenue, New York, NY 10065
Co-op in Lenox Hill
26 Units
555 Park Ave Inc is a Co-op located 555 Park Avenue, in Lenox Hill, New York. The building was first built in 1913 and is 111 years old. It was first renovated and altered in 1987. The lot that the building was built on is 80 feet wide and 118 feet long. The official lot area is listed as 10,165 square feet. The building itself is 70 feet wide and 118 feet long. In total, 555 Park Avenue has a total floor area of 95,603 square feet. Of that, 94,603 square feet are used for residential purposes. About 1,000 square feet of the building are used for commercial purposes. There are a total of 26 units. Of those, 25 are residential units. There is one commercial unit. 555 Park Avenue has a total of 12 floors. Thankfully, the building is equipped with elevator service. Residents can access the three elevators in 555 Park Avenue.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Better yet, washer and dryers are allowed in each unit. Love to bike? Store your bike in the building's bike storage rather than your own apartment. Both dogs and cats are allowed in the building! There are 16 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 212 days Meaning, listings tend to sell at a median of $1,507 price per square foot. The transaction that took the longest to complete was unit 7E, listed on May 22, 2021 for $4,300,000. This particular unit ultimately sold 335 days later for $4,100,000. The most recent transaction was for unit 12W, which was first advertised on Sep 19, 2022, sold for $7,000,000 on May 18, 2023. Fun fact, the oldest transaction we have on record took place on Jan 31, 2006. See the full transaction history for 555 Park Ave Inc below.

Lenox Hill, where 555 Park Avenue is located, has a median asking price of $930,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $5,299,500. For interested buyers, that means the building's median asking price is around 4.70% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Laundry

Washer / Dryer Allowed

Building Style

Prewar

Services

Doorman

Facilities

Storage Available
Laundry Room

Outdoor Space

Roof Deck

Ownership & Occupancy

Pied-à-Terre Allowed

Accessibility

Elevators

Pet Policy

Dogs Allowed / Cats Allowed
This property description is generated based on publicly available data.

10 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220919 Unit 12W
09/19/2022
12W
5 Bed
5 Bath
4250 ft²
$6,750,000
bedrooms
5 Bed
bathrooms
5 Bath
square feet
4250 ft²
$7,000,000 +3.70%
05/18/2023
J Erickson
Douglas Elliman Real Estate
20220330 Unit 6E
03/30/2022
6E
3 Bed
3 Bath
-
$4,200,000
bedrooms
3 Bed
bathrooms
3 Bath
$4,000,000 -4.76%
05/04/2023
-
Nicole Gary
Keller Williams Points North
20210522 Unit 7E
05/22/2021
7E
3 Bed
4 Bath
3000 ft²
$4,300,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3000 ft²
$4,100,000 -4.65%
04/22/2022
Carol Staab
Douglas Elliman Real Estate
20180417 Unit 2E
04/17/2018
2E
3 Bed
3 Bath
-
$4,250,000
bedrooms
3 Bed
bathrooms
3 Bath
$3,900,000 -8.24%
10/17/2018
Nikki Field
Sothebys International Realty
20170911 Unit 1E
09/11/2017
1E
4 Bed
4 Bath
-
$6,499,000
bedrooms
4 Bed
bathrooms
4 Bath
$5,200,000 -19.99%
01/02/2018
Gabriel Minsky
The Agency Brokerage
20170421 Unit 10E
04/21/2017
10E
3 Bed
4 Bath
-
$5,800,000
bedrooms
3 Bed
bathrooms
4 Bath
$4,550,000 -21.55%
11/15/2018
-
Leslie Coleman
Brown Harris Stevens Residential Sales LLC
20161031 Unit 2E
10/31/2016
2E
3 Bed
3 Bath
-
-
bedrooms
3 Bed
bathrooms
3 Bath
-
-
-
Kirk Henckels
Compass
20151119 Unit MAISONETTE
11/19/2015
4 Bed
5 Bath
4250 ft²
$6,295,000
bedrooms
4 Bed
bathrooms
5 Bath
square feet
4250 ft²
-
-
-
Nakta Thomas
Halstead Property, LLC
20150915 Unit 1E
09/15/2015
1E
4 Bed
5 Bath
-
$9,800,000
bedrooms
4 Bed
bathrooms
5 Bath
-
-
-
Rosemarie Deane
Sotheby's International Realty, Inc.
20141121 Unit 1E
11/21/2014
1E
4 Bed
5 Bath
4250 ft²
$9,800,000
bedrooms
4 Bed
bathrooms
5 Bath
square feet
4250 ft²
-
-
-
Austin Schuster
Compass

Building Info

Overview

    General

  • Year Built: 1913
  • First Altered Year: 1987
  • Building Count: 1
  • Floor Count: 12
  • Total Unit Count: 26
  • Residential Unit Count: 25
  • Basement Type: 1

    Dimensions

  • Lot Area Sqft: 10,165
  • Lot Size Depth Feet: 118
  • Lot Size Frontage Feet: 80
  • Building Depth: 118
  • Building Frontage: 70
  • Gross Building Area: 95,603

    Building Floor Area

  • Residential Building Floor Area: 94,603
  • Commercial Building Floor Area: 1,000
  • Office Building Floor Area: 1,000

    Floor Area Ratio

  • Built Floor Area Ratio: 9
  • Residential Floor Area Ratio: 10
  • Facilities Floor Area Ratio: 10

Building

  • Building Type: D4
  • Lot Type: 3
  • Land Use: 03
  • Irregular Lot Code: Y
  • Proximity Code: 1
  • Extension Code: N

Neighborhood

  • Community District: 108
  • City Council District: 4
  • Historic District Name: Upper East Side Historic District
  • Police Precinct: 19
  • Fire Company: E039
  • Health Area: 4800
  • Sanitation District Borough: 1
  • Sanitation Subsection: 1A
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: Y
  • Zoning: R10
  • Zoning District 2: R8B
  • Limited Height District: LH-1A
  • Special Purpose District 1: PI

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 1396
  • Lot: 71
  • Borough Block Lot: 1013960071

    Address

  • Full Address: 553 Park Avenue
  • Zip Code: 10065

Valuation

    Assessments Valuation

  • Assessed Total Value: $10,673,550
  • Assessed Land Value: $2,821,500

    Exemptions

  • Exempt Total Value: $4,920
  • Exempt Land Value: $0

About Upper Manhattan



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Frequently Asked Questions

What neighborhood is 555 Park Avenue located in?
The 555 Park Avenue is a Co-op located in the neighborhood of Lenox Hill in Upper Manhattan, New York.
What is the average sales price for listings in 555 Park Avenue?
The average sales price for units in 555 Park Avenue is $5,299,500 , or $1,507/sqft. currently.

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