--- title: "55 PARK Avenue #5E, New York City, NY 10016" description: "55 PARK Avenue #5E, New York City, NY 10016 — Murray Hill, New York City, NY. Listing Price $825,000. In contract 6/26/2026. 2 bed, 1 bath Illustrative Buyer Commission Share of $12,375 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/55-park-avenue-e-5E-ny-10016" source: "Real Estate Rebate Team" status: "Pending" --- # 55 PARK Avenue #5E, New York City, NY 10016 Murray Hill, New York City, NY Courtesy of Douglas Elliman Real Estate ## At a Glance - **Listing Price**: $825,000 - **Status**: In contract 6/26/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 2 - **Baths**: 1 - **Common Charges**: $3,487 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $825,000 - **Illustrative Buyer Commission Share**: -$12,375* - **Illustrative Net Cost**: $812,625 *Illustrative Buyer Savings of $12,375 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![55 PARK Avenue #5E, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/40c3219e-7d92-4897-a97e-556a490378f8.jpg) ![55 PARK Avenue #5E, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4448fd55-e8e9-4dcf-a828-d777f36f307a.jpg) ![55 PARK Avenue #5E, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/06aa281f-7a40-4f6d-8b5b-7a2644ef563a.jpg) ![55 PARK Avenue #5E, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f2ab6a5a-b43e-4c04-887f-dcf9b9f1add5.jpg) ![55 PARK Avenue #5E, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bbe1c934-1f8c-403f-b354-52b5e3567126.jpg) ![55 PARK Avenue #5E, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ac7efafe-699b-4130-813a-9d875e67f0f5.jpg) ![55 PARK Avenue #5E, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a9b71106-4923-4f9c-ae05-a1f5caa82e7e.jpg) ![55 PARK Avenue #5E, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fdba0967-cd92-4d7f-916d-db0d68f747a0.jpg) ![55 PARK Avenue #5E, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2508193f-cc26-4bff-880f-43e91b1ae97f.jpg) ![55 PARK Avenue #5E, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/15908600-0640-442e-a7af-1ff02e29f588.jpg) ## Property Overview This wonderfully situated 2 bedroom pre-war co-op home has lots to offer. Start your day with a cappuccino & breakfast while the sun streams into your dining area that opens into the living room. Currently it has one bathroom and possibility to create a 2nd bathroom. Only two homes per floor makes this private and quiet. Within this setting, residence 5E stands out as a peaceful and private haven. Thoughtfully positioned to minimize city noise, the apartment enjoys a calming quiet that feels worlds away from the energy just outside. The layout provides a sense of separation and intimacy, making it an ideal place to relax, work, or entertain comfortably. Soft natural light from the East and well-proportioned spaces enhance the feeling of serenity, while the surrounding walls and placement within the building ensure a level of privacy that is both rare and deeply appealing-creating a home that truly feels like your own secluded escape in the heart of the city. 5E has beautiful wood floors, abundant closet space and ceiling height of 9.5' throughout. Note: currently 2nd bedroom is used as a home office. 5E is all about LOCATION LOCATION LOCATION: Living at 55 Park Avenue offers a specific blend of classic New York prestige and modern convenience. Situated between East 37th and 38th Streets in Murray Hill, the building provides several distinct advantages: -Exceptional Privacy and Light -Low Density: This pre-war co-op features only two homes per floor, ensuring a level of quiet and privacy that is rare in Midtown. -Atmosphere: Unit 5E is designed to maximize natural light, particularly in the dining and living areas, making it ideal for those who value bright, airy and quiet interiors. Set on a beautiful, tree-lined stretch of Park Avenue, the building is surrounded by timeless architecture charm, vibrant neighborhood cafés, and proximity to cultural landmarks/destinations, all within easy reach. The location places you moments from Grand Central, major subway lines, FDR, easy tavel to airports and some of the city's best dining and shopping, yet it maintains a distinctly residential feel that makes coming home a true retreat. The building itself reflects a sense of understated elegance, with refined details and a welcoming atmosphere that captures the character of historic New York living. This distinguished 1922 building designed by Fred F. French. Delivery of mail, laundry and groceries to your front door via the elevator operator. Call listing broker for appointment. Assessment of $972/month through June 2027. Private storage bin included in purchase. Pied a terres and pets on case by case basis. 2% Flip tax paid by the buyer. ## Property Details - **Property Type**: Co-op - **Beds**: 2 - **Baths**: 1 - **Rooms**: 5 - **Stories**: 16 - **Year Built**: 1922 - **Common Charges**: $3,487 / Monthly - **Listed On**: May 22, 2026 - **Days on Market**: 113 Days ### Residence Features - Building Other - City ## Sales Evidence ### Recent closed sales 12 apartments at 55 Park Avenue have recorded sales since September 2021, the most recent for $995,000 in August 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 5W (Apartment) | 2 | — | $995,000 | — | August 26, 2025 | City record · MLS | | 9E (Apartment) | 2 | — | $925,000 | — | July 21, 2025 | City record · MLS | | 8E (Apartment) | 2 | — | $850,000 | — | May 12, 2025 | City record · MLS | | 15E (Apartment) | 2 | — | $940,000 | — | June 18, 2024 | City record · MLS | | 11-W (Apartment) | 2 | — | $1,085,000 | — | September 20, 2023 | City record · MLS | | 6W (Apartment) | 2 | — | $985,000 | — | July 20, 2023 | City record · MLS | | 13-W (Apartment) | 2 | 1,200 | $1,065,000 | $888/ft² | June 9, 2023 | City record · MLS | | 3-E (Apartment) | 2 | — | $915,000 | — | May 8, 2023 | City record · MLS | | 15W (Apartment) | — | — | $1,332,000 | — | October 4, 2022 | City record | | 15-E (Apartment) | 2 | — | $920,700 | — | August 26, 2022 | City record · MLS | | 4-W (Apartment) | 2 | — | $1,200,000 | — | October 28, 2021 | City record · MLS | | 14-E (Apartment) | 2 | — | $855,000 | — | September 20, 2021 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable two-bedroom sales at 55 Park Avenue is $940,000, based on 11 sales between September 2021 and August 2025. This home is asking $825,000, $115,000 below that median. The middle half of those sales closed between $917,850 and $1,030,000. - **Median closed price**: $940,000 - **Middle half**: $917,850 – $1,030,000 - **Based on**: 11 two-bedroom sales at 55 Park Avenue - **Period**: September 2021 – August 2025 Square footage is recorded for only 1 of these 11 sales (9%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. Across the 5 of these sales with a published asking price, the median closed at 97.4% of what it originally asked. 80% of them closed below the original ask. ### How these sales were negotiated - **Sold vs original ask**: 97.4% of the original ask - **Closed below ask**: 80% of 5 sales - **Listed → in contract**: 57 days (about 8 weeks) - **In contract → closed**: 91 days (about 13 weeks) Across the 5 of these sales with a published asking price, the median closed at 97.4% of what it originally asked. 80% of them closed below the original ask. Half of these homes were in contract within 57 days (about 8 weeks) of coming to market, based on the 11 with a recorded listing date. Once a deal was agreed, closing took a further 91 days (about 13 weeks), based on the 11 with both dates recorded. A co-op board package and its interview account for much of that. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 11 two-bedroom sales at 55 Park Avenue, September 2021 – August 2025. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for co-op two-bedroom sales in Murray Hill, 2017 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $985,500 | 28 | | 2018 | $1,280,875 | 30 | | 2019 | $998,250 | 26 | | 2020 | $1,019,750 | 12 | | 2021 | $1,125,000 | 33 | | 2022 | $1,100,000 | 24 | | 2023 | $999,000 | 23 | | 2024 | $1,060,000 | 20 | | 2025 | $855,000 | 22 | | 2026 | $910,000 | 14 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Murray Hill instead. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 55 Park Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/55-park-avenue) ## Price and Property History for 55 PARK Avenue, Unit 5E Review the recorded listing activity for 55 PARK Avenue, Unit 5E, including asking-price changes and prior market dates. - **Entered contract**: June 26, 2026 | Date | Price | Listing event | | --- | --- | --- | | June 26, 2026 | $825,000 | Entered contract | | May 22, 2026 | $825,000 | Listed for sale by Douglas Elliman Real Estate | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 32 apartments. The corporation’s 2026 property tax bill was $505,420 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for 55 Park Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/55-park-avenue) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 55 Park Avenue Murray Hill · Stock Cooperative 55 Park Avenue, New York, NY 10016 A building in Murray Hill, currently featuring 2 active listings. - **Year Built**: 1923 - **Total Units**: 2 - **Floors**: 16 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/55-park-avenue) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/55-park-avenue-e-5E-ny-10016) | 2 | 1 | — | — | $825,000 — In contract | Douglas Elliman Real Estate | May 22, 2026 | 113 days | | [4EAST](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/55-park-avenue-east-4EAST-ny-10016) | 2 | 1 | — | — | $795,000 — In contract | Compass | Mar 31, 2026 | 165 days | ## Estimated Monthly Payment **$7,659 / month**, assuming a 20% down payment ($165,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,172 - **Common Charges**: $3,487 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Murray Hill Overview of Murray Hill [Explore Murray Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Murray Hill - [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) - [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy) - [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town) ## Related Links - [55 Park Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/55-park-avenue) - [Murray Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.