555 Park Avenue
555 Park Avenue, New York, NY 10065
Lenox Hill, Upper East Side
BBL 1013960071 · BIN 1042010
- Year built
- 1914
- Type
- Cooperative
- Units
- 50
- Floors
- 14
- Landmark
- Designated
- Subletting
- Restrictive (typical of tier-one Park Avenue cooperatives)
Every recorded sale at this building, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 3BR median
- $3.9M
- Recent range
- $3.8M – $7M
- Listing discount
- 4.8%
- Recorded transfers
- 16
555 Park Avenue occupies the southern anchor of the Park Avenue luxury cooperative corridor — the geographic transition point where the dense pre-war tier-one Park Avenue inventory meets the more commercial Midtown East Park Avenue tradition. The 1924 George and Edward Blum brothers commission represents the firm's mature 1920s work executed at the construction-quality peak of the immediate pre-Depression era, with the corner positioning at Park and 62nd Street producing a particular geographic significance distinct from the Carnegie Hill and Lenox Hill core of the firm's portfolio.
The Blum brothers' Park Avenue portfolio — 555, 591, 830, 840, 875, 940, 1075 Park — represents one of the more cohesive single-firm bodies of work in pre-war Park Avenue inventory. The firm's apartment-design discipline tracked the broader pre-war idiom, with their work distinguished by the integration of decorative facade detailing that read differently from the dogmatic classicism of contemporary McKim Mead & White / Carrère & Hastings peers. The 1924 vintage at 555 Park places the building in the firm's mid-portfolio span, with apartment configurations and architectural detail reflecting the construction economics of the 1920s peak.
The 50-apartment scale at 555 Park places the building among the more substantial Blum brothers Park Avenue commissions — larger than the smaller Carnegie Hill / Lenox Hill peers (830 Park: 40; 875 Park: 50; 840 Park: 38; 1075 Park: 32) and producing moderate annual transaction volume.
The position at Park Avenue and East 62nd Street is structurally distinct from the corridor's center of gravity at the 70s. The Park-and-60th transition — where the avenue moves from the more commercial Midtown East tradition to the dense residential Park Avenue cooperative corridor — is one of the corridor's most meaningful geographic seams. 555 Park sits two blocks north of that transition, at the southern anchor of the residential tier-one corridor.
For buyers, 555 Park represents a particular tier of Lenox Hill Park Avenue inventory: Blum brothers architectural pedigree, 50-apartment scale producing moderate annual turnover, southern Park Avenue positioning that offers proximity to Midtown East walking access and the dense Lenox Hill / Carnegie Hill cultural corridor at the building's north, and pricing materially below the Candela tier-one peak at 740 / 778 / 720 Park.
Architecture and unit composition
The 50 apartments 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' 1924 signatures throughout: 10–11 foot ceilings in primary rooms, formal entry galleries, library-living room combinations, primary suites with substantial closet infrastructure, service wings characteristic of 1924-era 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. The 50-apartment scale produces a moderate institutional density characteristic of mid-tier pre-war Park Avenue cooperative inventory.
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 board posture follows tier-one Lenox Hill pre-war norms — rigorous financial review, strong personal references, primary-residence intent the working assumption.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $10,692/yr
- Per unit / month range
- $0 – $36
Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Recent sales
Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 2, 2026 | 9E | 3 BR · 4 BA | $3,795,000 | -5.0% | |
| 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 across 1 sale. The building has traded as recently as 2026. Median listing discount 6.8% 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) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. 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 to know if you’re buying
The Blum brothers architectural pedigree is real. Buyers attentive to architectural detail find the firm's distinctive decorative facade vocabulary differentiating among pre-war Park Avenue inventory.
The southern Park Avenue positioning is structural. The building sits at the southern anchor of the residential Park Avenue corridor, offering more accessible walking proximity to Midtown East than the Lenox Hill / Carnegie Hill core.
Pricing is more accessible than Candela tier-one peers. 555 Park typically trades at materially more accessible per-square-foot pricing than the 1929–1931 Candela Park Avenue tier-one peak.
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.
Board approval follows tier-one Park Avenue norms. Strong financial profile, professional accomplishment, primary-residence intent are central criteria.
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
The architectural pedigree is a marketing asset. Listing copy should reference the Blum brothers' authorship, the building's place within the firm's broader Park Avenue portfolio, and the corner Park / 62nd positioning.
Pricing requires apartment-level comparable analysis. Floor altitude, exposure, configuration, and renovation history all matter substantially.
Closing timelines are co-op standard. 6–10 weeks from contract signing to closing.
Comparable buildings
If you're considering 555 Park Avenue, also evaluate:
- 875 Park Avenue — Blum brothers 1912; same firm earlier vintage
- 840 Park Avenue — Blum brothers 1916; same firm
- 830 Park Avenue — Blum brothers 1909; earliest Blum Park Ave
- 940 Park Avenue — Blum brothers; same firm later vintage
- 1075 Park Avenue — Blum brothers 1929; same firm latest
- 720 Park Avenue — Candela / Cross & Cross 1929; tier-one Candela peer
The neighborhood
For the full corridor — architecture, schools, 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.
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.
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.