Park Avenue Place
60 East 55th Street, New York, NY 10022
BBL 1012907501 · BIN 1087101
- Year built
- 2003
- Type
- Condominium
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Pets
- Pets permitted with conditions; species not stated
- Doorman
- Full-time doorman
Every recorded sale at this building, 2005–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2025
- $1,709
- floor-adjusted, 2 sales
- Listing discount
- 4.5%
- Recorded sales
- 126
- On record
- 2005–2025
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Park Avenue Place 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.
Park Avenue Place is a 41-story condominium tower in the heart of Midtown East, a block off Park Avenue, completed in 2003. It carries a notable design pedigree: it was one of the first residential buildings undertaken by Kohn Pedersen Fox, the global architecture office better known for skyscrapers and corporate towers, and the building reflects that lineage in its clean, contemporary massing and its scale. Developed by Trevor Davis with RFR, the tower combines roughly 76 condominium residences above with five floors of private-club space below, long the home of The Core Club, which now lists its New York location at 711 Fifth Avenue.
For buyers, the value is location, height, and flexibility. Standing between Park and Madison at 55th Street, the building is at the center of Midtown's commercial, retail, and dining core, within easy reach of the Plaza District, Fifth Avenue, and the Park Avenue spine. As a 2003 condominium, it has no co-op board admission and systems newer than the surrounding pre-war and mid-century stock; confirm financing, leasing and ownership-entity rules and current building condition in the condominium's documents.
Architecture and unit composition
Park Avenue Place is a contemporary 41-story tower designed by Kohn Pedersen Fox — a building whose proportions and curtain-wall vocabulary reflect the firm's high-rise expertise, scaled to a residential program. The lower five floors were built as private-club space (formerly The Core Club), with the condominium residences above, culminating in a duplex penthouse on the upper floors with terraces.
The roughly 76 residences run to well-proportioned one-, two-, and three-bedroom layouts with the contemporary ceiling heights, modern kitchens and baths, and strong light that a 2003 tower of this height delivers. The upper floors carry expansive open city views and the building's premium, with the penthouse at the crown. The building's systems date from its construction; current condition needs recent engineering reports and board materials.
Building operations
Park Avenue Place runs as a full-service condominium with a 24-hour attended lobby, doorman, and concierge, an on-premises valet, a garage, and private storage. The lower floors were built as private-club space and operate separately from the residential condominium; The Core Club, the long-time occupant, now lists its New York home at 711 Fifth Avenue, so confirm the current use of that space and any resident access. As a condominium, there is no co-op board admission; purchases run through the condominium's application and right-of-first-refusal process. Confirm financing, leasing and ownership-entity rules in the current declaration, bylaws and house rules. The building is pet-friendly.
Application and transaction fees
Fees below are from building management's published schedule, as of September 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
7 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $1,000 | Refundable Not stated |
| Credit Check FeePer applicantRequired | Paid by Buyer | When With the application | Amount $100.00 per applicant, occupant, guarantor | Refundable Not stated |
| Criminal Check FeePer applicantRequired | Paid by Buyer | When With the application | Amount $100.00 per applicant, occupant, guarantor | Refundable Not stated |
| Move In Fee | Paid by Buyer | When With the application | Amount $500.00 (To be mailed, with the hard copy of the package) | Refundable Not stated |
| Move Out Fee | Paid by Seller | When With the application | Amount $500.00 (To be mailed, with the hard copy of the package) | Refundable Not stated |
| Professional Fee | Paid by Seller | When With the application | Amount $500.00 (To be mailed, with the hard copy of the package) | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Damage Deposit | Paid by Buyer | When With the application | Amount $1,000.00 (To be mailed, with the hard copy of the package) | Refundable Not stated |
Rental or lease
8 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Tenant | When With the application | Amount $1,000 | Refundable Not stated |
| Credit Check FeePer applicantRequired | Paid by Tenant | When With the application | Amount $100.00 per applicant, occupant, guarantor | Refundable Not stated |
| Criminal Check FeePer applicantRequired | Paid by Tenant | When With the application | Amount $100.00 per applicant, occupant, guarantor | Refundable Not stated |
| Annual Lease FeeRecurring | Paid by Seller | When With the application | Amount $750.00 (To be mailed, with the hard copy of the package) | Refundable Not stated |
| Move In/Move Out Fee | Paid by Tenant | When With the application | Amount $500.00 (To be mailed, with the hard copy of the package) | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Damage Deposit | Paid by Tenant | When With the application | Amount $1,000.00 (To be mailed, with the hard copy of the package) | Refundable Not stated |
Lease renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Lease Fee, due annually | Paid by Other | When Upon approval | Amount $750 | Refundable Not stated |
| Renewal administrative fee | Paid by Other | When Upon approval | Amount $250.00 | Refundable Not stated |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Pets and in-unit washer/dryer
- Pets
- Pets permitted with conditions; species not statedPermitted for unit owners only. No pets for tenants, and no aggressive breeds.Source: building management's published schedule, as of September 2026
- In-unit washer/dryer
- Not verified
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $772 per room a monthMedian of 3 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $3.72 per square foot a monthMedian of 3 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.82 per square foot a monthMedian of 4 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $1.77 per square foot a monthMedian of 4 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. The split into common charges and taxes comes from the listings that also give the annual tax, a different sample, so the two lines need not add up exactly to the combined median; a tax abatement can hold taxes below the full amount until it expires. A summary of recorded sales and listings, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Concierge
- YesSource: recent listing records
- Attended lobby
- YesSource: The Roebling Team's building profile
- Valet
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Garage, 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
- $100,361/yr
- Per unit / month range
- $0 – $113
- Modeled exposure split equally across 74 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
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.
Management & transfer contacts
- Policies and fees
- Condo. App processing $1,000; credit $100/applicant; criminal $100/applicant; damage deposit $1,000; move-in/out fee $500; professional fee $500; annual lease fee $750; renewal admin $250. Pets owners only, no aggressive breeds
Recent sales
Recent closings 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 |
|---|---|---|---|---|---|
| Nov 14, 2025 | 12B | 1 BR · 1 BA · 528 sf | $872,893 | $1,653/sf | -0.2% |
| Aug 20, 2025 | 14C | 1 BA · 446 sf | $720,000 | $1,614/sf | -7.1% |
| Oct 4, 2023 | 41A | 3 BR · 3.5 BA · 2,439 sf | $3,900,000 | $1,599/sf | -17.9% |
| Jul 31, 2023 | 39A | 1 BR · 1 BA · 992 sf | $1,800,000 | $1,815/sf | -5.3% |
| Jul 27, 2023 | 40A | 1 BR · 1.5 BA · 992 sf | $1,750,000 | $1,764/sf | -2.8% |
| May 24, 2023 | 39B | 2 BR · 2.5 BA · 1,272 sf | $2,250,000 | $1,769/sf | -10.0% |
| May 16, 2023 | 21A | 2 BR · 2 BA · 1,283 sf | $1,850,000 | $1,442/sf | -6.3% |
| May 9, 2023 | 28A | 1 BR · 1.5 BA · 1,074 sf | $1,350,000 | $1,257/sf | +0.0% |
Market read. Most recent trades (2025) cleared a median $1,709/sf (floor-adjusted) across 2 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 4.5% 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.
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 1-01290-7501; each condominium apartment is its own tax lot). 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 from recorded condo declarations and offering plans.
Closed rents at Park Avenue Place, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 5 | $4,995 |
| 3 bedroom | 2 | $22,497 |
8 closed leases, October 2023 to September 2026. Most recent lease July 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at Park Avenue Place and nearby.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
Keep up with Park Avenue Place and its market
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What to know if you’re buying
This is a full-service condominium tower with a design pedigree at the center of Midtown. Condominium ownership — there is no co-op board admission; purchases run through the condominium's application and right-of-first-refusal process, and financing, leasing and ownership-entity rules should be confirmed in the current declaration, bylaws and house rules. Height and views drive value — the upper floors carry expansive open city views and the premium. The full-service operation — doorman, concierge, valet, garage — is in place; the condition of the building's systems needs recent engineering reports and board materials. The non-residential lower floors, formerly The Core Club, are separate from residential ownership. We help buyers read the offering plan, the common-charge structure, and the comparison set across the Midtown East condominium market.
What to know if you’re selling
Lead with location, height, and pedigree. A Kohn Pedersen Fox condominium tower a block off Park Avenue, with open city views and a full-service operation, appeals to a broad buyer pool — including pied-à-terre and investment purchasers the surrounding co-ops exclude. Benchmark to the Plaza District and Midtown East condominium set, and price to floor and views. Explain the condominium transfer process when presenting the home to buyers. Presentation that showcases the light, views, and finish produces the best results.
Comparable buildings
If you're considering Park Avenue Place, also evaluate nearby Midtown East condominium inventory:
- 100 East 53rd Street — luxury Midtown East condominium tower
- 135 East 54th Street — The Lex 54 Condominium
- 250 East 53rd Street — full-service tower nearby
- 300 East 55th Street — full-service Midtown East building
- 250 East 54th Street — Fox & Fowle's 1990 full-service condominium
- 845 United Nations Plaza — Trump World Tower, East Side condominium
More Midtown East buildings
- 17 East 47th Street — condominium
- Prospect Tower (45 Tudor City Place) — 1927 co-op
- 50 United Nations Plaza — 2015 condominium by Foster + Partners
- 100 East 53rd Street — condominium by Foster + Partners
- 100 United Nations Plaza — 1986 condominium by SLCE Architects
- 110 East 57th Street — 1957 co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across Midtown East — read The Roebling Team Guide to Midtown East.
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 Park Avenue Place?
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