---
title: "550 Park Avenue Co-ops for Sale in Manhattan | Buyer Savings"
description: "View active listings, prices, and amenities at 550 Park Avenue, located at 550 Park Avenue, New York, NY 10065 in Manhattan. Buy a co-op with Buyer Advantage savings."
url: "https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/550-park-avenue"
source: "Real Estate Rebate Team"
dateModified: "2026-09-10T07:52:28.725Z"
---

# 550 Park Avenue

550 Park Avenue, New York, NY 10065

Lenox Hill · Stock Cooperative · Built 1917

Availability last updated: September 10, 2026, 3:52 AM

## At a Glance

- **Active Units**: 2 Units
- **Starting Price**: $4,250,000
- **Property Type**: Stock Cooperative
- **Year Built**: 1917

## Building Overview

About 550 Park Avenue

550 Park Avenue is a prominent pre-war cooperative located at East 62nd Street. Designed by J.E.R. Carpenter, this white-glove building offers grand, full-floor residences and exceptional privacy in one of the most desirable sections of Park Avenue. It is grand privacy on Park Avenue.

## Illustrative Buyer Savings

**$71,250 at Closing**

Illustrative, based on a 3% buyer-broker commission on the highest-priced available residence. Régis shares 50% of the buyer-side commission actually received, so your figure follows the commission offered on your transaction.

Work with Régis before touring or submitting an offer to understand the building, evaluate pricing, and preserve eligible Buyer Advantage opportunities.

**Régis Roumila** — Principal Broker · NY & NJ. Private buyer representation for luxury resale and new development purchases. Verified Member: REBNY · NAR. NYDOS LIC#: 10491211335.

[Speak with Régis](mailto:info@real-estate-rebate.com?subject=Inquiry%3A%20550%20Park%20Avenue) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Key Building Details

- **Year Built**: 1917
- **Stories / Floors**: 17
- **Neighborhood**: Lenox Hill
- **Active Listings**: 2 units

## Building Amenities

- Varies by Unit
- Building Other
- None
- Separate/Formal Dining Room
- High Ceilings
- Walk-In Closet(s)
- Dishwasher
- Washer Dryer Allowed
- City
- Pets: Building Yes
- Pets: No

## Active Residence at 550 Park Avenue

2 Active Residences

Buyer Advantage figures shown on these residences are illustrative, based on a 3% buyer-broker commission. Régis shares 50% of the buyer-side commission actually received on the transaction, so the figure follows the commission offered on the listing you buy. [How the Buyer Commission Share works](https://realestaterebatesnewyork.com/buyer-advantage)

| Residence | Type | Beds | Baths | Size | Price | Status | Estimated Buyer Advantage | Courtesy of |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [550 Park Avenue #3W](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10065/550-park-avenue-w-3W-ny-10065) | Stock Cooperative | 4 | 3.5 | — | $4,750,000 | Pending | $71,250* | Compass |
| [550 Park Avenue #16C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10065/550-park-avenue-16c-ny-10065) | Stock Cooperative | 3 | 2 | 2,650 ft² | $4,250,000 | Active | $63,750* | Brown Harris Stevens Residential Sales LLC |

> This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

## Sales History for 550 Park Avenue

21 closings in this building. Prices are the consideration recorded on the deed with the City of New York wherever it has been filed.

| Unit # | Beds | Baths | Size | Closing Price | Price / Ft² | Asking Price | Sold On |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 16AE | 2 | 2 | 1,225 | $1,975,250 (+32.1%) — Public record | $1,612 | $1,495,000 | Jun 9, 2026 |
| 12E | 5 | 4.5 | — | $8,050,000 (-15.3%) — Public record | — | $9,500,000 | May 11, 2026 |
| 3W | — | — | — | $4,800,000 — Public record | — | — | Mar 23, 2026 |
| 2W | — | — | — | $2,650,000 — Public record | — | — | Oct 22, 2025 |
| 2E | 5 | 5 | 4,500 | $7,200,000 — Public record | $1,600 | $7,200,000 | Sep 16, 2025 |
| D | — | — | — | $3,150,000 — Public record | — | — | Feb 7, 2025 |
| 1E | — | — | — | $1,850,000 — Public record | — | — | Feb 7, 2025 |
| 10EW | — | — | — | $18,000,000 — Public record | — | — | Feb 5, 2025 |
| 10 | 6 | 7.5 | 7,000 | $18,000,000 (-4.3%) | $2,571 | $18,800,000 | Feb 5, 2025 |

Showing the 9 most recent of 21 closings. The full record is on the building page.

Public record marks a price taken from the deed filed with the City of New York. Rows without it show the price reported to the listing service, which is what is available until the deed is recorded, typically about two weeks after closing.

The percentage beside a closing price is the sale measured against the original asking price. Rows with no asking price are sales with no listing behind them. Those are sponsor and off-market transfers taken from the public record.

> This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

## Property Tax History

Property taxes for the co-op corporation at 550 Park Avenue were $2,365,819 in 2026, up 4.1% from 2025.

These figures are for the entire building across all 35 apartments, not for this apartment. A co-op is a single tax lot: the corporation pays one property tax bill and recovers it through shareholders’ monthly maintenance. There is no separate tax bill for an individual unit.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $20,205,450 | $4,149,000 | $16,056,450 | $18,984,150 | $2,365,819 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $20,038,050 | $4,149,000 | $15,889,050 | $18,232,200 | $2,271,825 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $18,140,850 | $4,149,000 | $13,991,850 | $17,903,070 | $2,230,684 | 12.5% |
| 2023 (FY 2023/24) | $17,894,700 | $4,149,000 | $13,745,700 | $17,894,700 | $1,925,308 after $304,686 abatement | 12.502% |
| 2022 (FY 2022/23) | $18,641,700 | $4,149,000 | $14,492,700 | $17,854,650 | $1,435,056 after $748,108 abatement | 12.267% |
| 2021 (FY 2021/22) | $16,445,700 | $4,149,000 | $12,296,700 | $16,445,700 | $1,138,143 after $866,640 abatement | 12.235% |
| 2020 (FY 2020/21) | $18,392,400 | $4,149,000 | $14,243,400 | $17,094,970 | $2,089,681 | 12.267% |
| 2019 (FY 2019/20) | $18,176,850 | $4,149,000 | $14,027,850 | $16,463,440 | $2,046,010 | 12.473% |
| 2018 (FY 2018/19) | $17,616,600 | $4,149,000 | $13,467,600 | $15,534,070 | $1,951,274 | 12.612% |
| 2017 (FY 2017/18) | $16,855,200 | $4,149,000 | $12,706,200 | $14,789,080 | $1,871,911 | 12.719% |
| 2016 (FY 2016/17) | $15,210,450 | $4,149,000 | $11,061,450 | $14,052,430 | $1,802,373 | 12.892% |
| 2015 (FY 2015/16) | $15,234,750 | $4,149,000 | $11,085,750 | $13,570,340 | $1,739,010 | 12.883% |
| 2014 (FY 2014/15) | $13,964,850 | $4,149,000 | $9,815,850 | $13,120,630 | $1,677,119 | 12.855% |
| 2013 (FY 2013/14) | $13,366,350 | $4,149,000 | $9,217,350 | $12,711,660 | $1,660,359 | 13.145% |
| 2012 (FY 2012/13) | $13,171,950 | $4,149,000 | $9,022,950 | $12,384,390 | $1,622,058 | 13.181% |
| 2011 (FY 2011/12) | $13,751,550 | $4,149,000 | $9,602,550 | $11,965,310 | $1,596,470 | 13.433% |
| 2010 (FY 2010/11) | $13,500,000 | $4,149,000 | $9,351,000 | $11,012,000 | $1,456,966 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner.

Figures are the New York City Department of Finance assessment roll for tax lot 1013760037. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## What to Review Before Buying in 550 Park Avenue

Purchasing real estate in New York City or New Jersey goes beyond the apartment itself. To secure your asset and investment equity, we systematically analyze building structures, financials, board packages, and commission sharing arrangements.

1. **Building Quality** — Review construction, finishes, amenities, management, service level, and long-term resale value.
2. **Monthly Costs** — Understand common charges, property taxes, assessments, and the full carrying-cost picture.
3. **Transaction Strategy** — Evaluate pricing, sponsor terms, closing costs, negotiation leverage, and eligible Buyer Advantage opportunities before committing.

## Location & Neighborhood

550 Park Avenue, New York, NY 10065

### Lenox Hill

Lenox Hill is the medical and residential heart of the UES. It is classic and clean. For buyers seeking Lenox Hill Manhattan real estate, it offers stability. Living in Lenox Hill is polished. As a Manhattan NYC neighborhood, it is established. The market for homes for sale in Lenox Hill includes white-glove co-ops. The lifestyle in Lenox Hill is refined. Lenox Hill is served by the 6 and Q trains. Central Park is the western border. Amenities: Luxury shopping on Madison Ave. Lenox Hill is best for doctors and established families.

- [Lenox Hill Guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lenox-hill)
- [Browse Lenox Hill Residences](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/lenox-hill-manhattan)
- [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

## Frequently Asked Questions

### Where is this building located?

550 Park Avenue is on the Upper East Side.

### What subway is accessible?

The 4, 5, 6, F, and Q trains are nearby.

### Is there a park nearby?

Central Park is two blocks away.

### What is the neighborhood vibe?

It offers an elite, quiet, and sophisticated vibe.

Have questions about 550 Park Avenue? [Speak with Régis before you tour.](mailto:info@real-estate-rebate.com)

## Considering a Residence at 550 Park Avenue?

Speak with Régis before you tour, negotiate, or submit an offer. Receive private buyer-side guidance, pricing context, and eligible Buyer Advantage opportunities where available.

[Schedule a private consultation](https://realestaterebatesnewyork.com/contact) · [All buildings](https://realestaterebatesnewyork.com/buildings)