555 Park Avenue
555 Park Avenue, New York, NY 10065
BBL 1013960071 · BIN 1042010
- Year built
- 1912
- Type
- Cooperative
- Units
- About 50
- Floors
- 14
- Landmark status
- Not an individual landmark; in the Upper East Side Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
- Subletting by shareholders
- Permitted with conditions
- Pied-à-terre
- Permitted with conditions
- Doorman
- Full-time doorman
Every recorded sale at this building, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 3BR median, 2023–2026
- $3.9M
- 2 qualifying sales
- Recent range
- $3.8M – $7M
- Listing discount
- 4.8%
- Recorded transfers
- 16
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 555 Park Avenue would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
555 Park Avenue occupies a 1912–13 apartment house by George and Edward Blum at Park Avenue and East 62nd Street, just north of Midtown East. It converted to cooperative ownership in 1946.
The Blum brothers’ Park Avenue portfolio includes 555, 791, 830, 840, 875, 929, 940 and 1075 Park. Their work integrates decorative facade detailing with prewar apartment planning; 555 Park belongs to the firm’s pre-WWI commissions, before the 1920s apartment-house boom.
Published unit counts for 555 Park differ — about 50 apartments in this profile, 25 residences in current city records — so this profile does not rank its scale against other Blum brothers commissions such as 830 Park, 875 Park, 840 Park and 1075 Park. Confirm the current count with the managing agent.
Architecture and unit composition
Reported apartment layouts span configurations from approximately 1,800 sf 2BRs to substantially larger 4–5 BR configurations across the 14 stories. The building's most architecturally distinctive apartments are the upper-floor full-floor configurations and the corner residences with cross-exposure views.
Blum brothers' pre-WWI apartment-house features: 10–11 foot ceilings in primary rooms, formal entry galleries, library-living room combinations, primary suites with substantial closet infrastructure, service wings characteristic of early-twentieth-century luxury apartment design.
Park Avenue-facing apartments on the western flank look across to the Park Avenue median plantings and the buildings on the avenue's west side. 62nd Street-facing apartments to the south have cross-street exposures with stable residential side-street views.
Building operations
555 Park Avenue operates as a full-service pre-war cooperative with full-time doorman, attended elevator, on-site superintendent, and private storage.
Specific policy details (financing posture, flip tax structure, sublet policy specifics, pied-à-terre allowance) should be confirmed directly with property management during due diligence. The same goes for the board's financial and occupancy requirements, which should come from the application instructions, not assumptions about the building's tier.
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Subletting by shareholders
- Permitted with conditionsRestrictedSource: The Roebling Team's building profile
- Pied-à-terre ownership
- Permitted with conditionsCase by case, board discretionSource: The Roebling Team's building profile
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Own an apartment here? Request an apartment-specific pricing review.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Concierge
- YesSource: recent listing records
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- StorageSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $31,393/yr
- Per unit / month range
- $0 – $105
- Modeled exposure split equally across 25 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 2, 2026 | 9E | 3 BR · 4 BA | $3,795,000 | -10.7% | |
| May 18, 2023 | 12W | 5 BR · 4.5 BA · 4,250 sf | $7,000,000 | $1,647/sf | +3.7% |
| May 4, 2023 | 6E | 3 BR · 3 BA | $4,000,000 | -4.8% | |
| Apr 22, 2022 | 7E | 3 BR · 3.5 BA · 3,000 sf | $4,100,000 | $1,367/sf | -6.8% |
| May 4, 2021 | PHE | 2 BR · 2 BA · 1,400 sf | $2,950,000 | $2,107/sf | +0.0% |
| Jun 26, 2019 | 10W | 5 BR · 4.5 BA · 4,250 sf | $8,000,000 | $1,882/sf | -14.4% |
| Nov 15, 2018 | 10E | 3 BR | $4,550,000 | -21.6% | |
| Oct 17, 2018 | 2E | 3 BR · 3 BA | $3,900,000 | -8.2% |
Market read. $/sf is measured on the latest sales with reliable square footage (2023): a median $1,647/sf (recorded) across 1 sale. The building has traded as recently as 2026. Median listing discount 7.1% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Apr 13, 2006 | 6E | $4,495,000 |
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01396-0071). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 555 Park Avenue and nearby.
Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
Compare pricing with specific Candela peers. Compare dated sales with the 1929–1931 Candela Park Avenue buildings at 740, 778 and 720 Park, adjusting for size, floor, exposure, condition, policies and monthly costs before assigning a price difference.
Confirm specific policies directly with management. Financing posture, flip tax structure, sublet specifics, and pied-à-terre allowance should be obtained directly during the contract review process.
Confirm the board's admission requirements. Pied-à-terre use and subletting are permitted with conditions; confirm the building's current financing, liquidity, ownership, occupancy and subletting requirements from its governing documents and application instructions.
Renovation is constrained by historic district status and pre-war character. The board reviews scope and quality with attention to preservation of original detail.
What to know if you’re selling
Pricing requires apartment-level comparable analysis. Floor altitude, exposure, configuration, and renovation history all matter substantially.
Comparable buildings
If you're considering 555 Park Avenue, also evaluate:
- 875 Park Avenue — Blum brothers 1911–12; same firm, same period
- 840 Park Avenue — Blum brothers 1911–12; same firm, same period
- 830 Park Avenue — Blum brothers 1910–11; earliest of the Blum Park Avenue buildings listed here
- 940 Park Avenue — Blum brothers; same firm later vintage
- 1075 Park Avenue — Blum brothers 1921–22; same firm, later vintage
- 720 Park Avenue — Candela / Cross & Cross 1929; tier-one Candela peer
More Park Avenue buildings
- 530 Park Avenue — 1940 condominium by George F. Pelham
- 535 Park Avenue — 1909 co-op
- The Yosemite (550 Park Avenue) — 1917 co-op by J.E.R. Carpenter
- 563 Park Avenue — 1910 co-op
- 565 Park Avenue — 1912 co-op by Robert T. Lyons
- 570 Park Avenue — 1916 co-op by Emery Roth
The neighborhood
For the full corridor — architecture, transit, and pricing across Park Avenue — read The Roebling Team Guide to Park Avenue.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 555 Park Avenue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com