---
title: "556 3rd Avenue #PHE, New York City, NY 10016"
description: "556 3rd Avenue #PHE, New York City, NY 10016 — Murray Hill, New York City, NY. Listing Price $3,795,000. 4 bed, 5 bath, 3,500 sqft Illustrative Buyer Commission Share of $56,925 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/556-3rd-avenue-phe-PHE-ny-10016"
source: "Real Estate Rebate Team"
dateModified: "2026-09-09T01:39:29.763Z"
status: "Active"
---

# 556 3rd Avenue #PHE, New York City, NY 10016

Murray Hill, New York City, NY

Courtesy of Douglas Elliman Real Estate

Last updated: September 8, 2026, 9:39 PM

## At a Glance

- **Listing Price**: $3,795,000
- **Beds**: 4
- **Total Baths**: 5
- **Sqft**: 3,500
- **Common Charges**: $4,096 / mo
- **Price per Sqft**: $1,084
- **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**: $3,795,000
- **Illustrative Buyer Commission Share**: -$56,925*
- **Illustrative Net Cost**: $3,738,075

*Illustrative Buyer Savings of $56,925 — 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)

![556 3rd Avenue #PHE, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0b99ce27-47fe-4f37-9829-5481465f29a6.jpg)
![556 3rd Avenue #PHE, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8ecc7a4f-6b4d-4b0b-85bb-a5d6a2efe341.jpg)
![556 3rd Avenue #PHE, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e8583091-454e-44d8-8fdf-1a033390c569.jpg)
![556 3rd Avenue #PHE, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d71920aa-8eb5-4bc5-b031-9ee86aea6f92.jpg)
![556 3rd Avenue #PHE, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a5cdd7ad-f1b7-4874-845d-fc7e7c4d0f56.jpg)
![556 3rd Avenue #PHE, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a2aef9fb-4a3a-485b-bffc-45299de90f18.jpg)
![556 3rd Avenue #PHE, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8940643e-1c30-401b-b99a-a2d94e77a1e1.jpg)
![556 3rd Avenue #PHE, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2c1b5393-1cb4-4c86-92cd-e2bf757e307f.jpg)
![556 3rd Avenue #PHE, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c0fce8c5-6920-4ac0-975b-97c3074d2a0d.jpg)
![556 3rd Avenue #PHE, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3bd8f5d7-f3c0-4286-a28d-d65a936463dd.jpg)

## Property Overview

A RARE OPPORTUNITY - FULL FLOOR PENTHOUSE WITH 360 - DEGREE PANORAMIC VIEWS!

 Whether acquired as a primary residence, pied-à-terre, or long-term investment, this property represents a  blue-chip Manhattan asset - irreplaceable in scale, light, and privacy.

 Perched atop the 30th floor of The Aurora Condominium, this extraordinary full-floor penthouse is a true crown jewel - a private sky residence offering breathtaking, unobstructed 360-degree views of Manhattan in every direction. Floor-to-ceiling glass walls frame the city as living art, capturing iconic landmarks from the Empire State Building and New York Life Tower to the East River and its bridges, extending downtown to One World Trade. A private keyed elevator opens directly into the residence, establishing a rare level of privacy and exclusivity reserved for only the most distinguished homes.

 Designed for both grand-scale entertaining and refined daily living, the residence spans the entire floor and features three magnificent bedroom suites, a separate staff suite, and four-and-a-half marble bathrooms. The triple-exposure great room is dramatic in scale and flooded with natural light, seamlessly connecting to four private corner terraces that provide multiple vantage points over the skyline. A formal dining area and an elegant library/den enhance the home's architectural presence. The primary suite is a sanctuary unto itself, complete with its own terrace, a windowed home office, a custom walk-in closet, and a five-fixture marble bath with a deep Jacuzzi soaking tub positioned against panoramic city views. The chef's kitchen is beautifully appointed with Viking and Sub-Zero appliances, wine refrigeration, Bosch dishwasher, custom cabinetry, and generous pantry storage - equally suited for intimate dinners or catered soirées.

 This penthouse represents a rare opportunity to acquire a generational Manhattan asset - a residence defined by scale, light, privacy, and architectural distinction.

## Property Details

- **Property Type**: Condominium
- **Beds**: 4
- **Total Baths**: 5
- **Rooms**: 10
- **Sqft**: 3,500 sqft
- **Stories**: 31
- **Year Built**: 2002
- **Price per Sqft**: $1,084
- **Common Charges**: $4,096 / Monthly
- **Listed On**: Mar 3, 2026
- **Days on Market**: 193 Days

### Residence Features

- Building Other
- Washer Hookup
- In Unit
- Private Outdoor Space Over 60 Sqft
- Bridge(s)
- City Lights
- City
- Ocean
- Panoramic
- River

## Sales Evidence

### Recent closed sales

One apartment at THE AURORA has a recorded sale since September 2021, the most recent for $2,450,000 in July 2022. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| PHB (Apartment) | 2 | 1,844 | $2,450,000 | $1,329/ft² | July 28, 2022 | City record |

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 condo four-bedroom sales in Murray Hill is $4,500,000, based on 4 sales between May 2025 and February 2026. This home is asking $3,795,000, $705,000 below that median. The middle half of those sales closed between $4,062,750 and $4,500,000.

- **Median closed price**: $4,500,000
- **Middle half**: $4,062,750 – $4,500,000
- **Based on**: 4 condo four-bedroom sales in Murray Hill
- **Period**: May 2025 – February 2026
- **Median $/ft²**: $1,552/ft²

Across the 4 of these sales with a published asking price, the median closed at 88.2% of what it originally asked. 100% of them closed below the original ask.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Murray Hill instead.

### How these sales were negotiated

- **Sold vs original ask**: 88.2% of the original ask
- **Closed below ask**: 100% of 4 sales
- **Listed → in contract**: 146 days (about 21 weeks)
- **In contract → closed**: 43 days (about 6 weeks)

Across the 4 of these sales with a published asking price, the median closed at 88.2% of what it originally asked. 100% of them closed below the original ask.

Half of these homes were in contract within 146 days (about 21 weeks) of coming to market, based on the 4 with a recorded listing date.

Once a deal was agreed, closing took a further 43 days (about 6 weeks), based on the 4 with both dates recorded.

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 4 condo four-bedroom sales in Murray Hill, May 2025 – February 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

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 THE AURORA](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-aurora)

## Price and Property History for 556 3RD Avenue, Unit PHE

Review the recorded listing activity for 556 3RD Avenue, Unit PHE, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $404,000, or 9.6%, on May 28, 2026
- **Originally listed**: March 3, 2026 at $4,199,000
- **Current asking price**: $3,795,000

| Date | Price | Listing event |
| --- | --- | --- |
| September 5, 2026 | $3,795,000 | Listing removed from the market |
| May 28, 2026 | $3,795,000 | Asking price reduced by $404,000, or 9.6% |
| March 3, 2026 | $4,199,000 | Listed for sale by Douglas Elliman Real Estate |

## Property Tax History

Taxes at 556 3rd Avenue #PHE were $73,260 in 2026, down 1.9% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $642,726 | $24,377 | $618,349 | $586,079 | $73,260 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $642,719 | $24,377 | $618,342 | $597,516 | $74,690 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $604,564 | $24,377 | $580,187 | $591,985 | $73,998 | 12.5% |
| 2023 (FY 2023/24) | $601,284 | $24,377 | $576,907 | $591,316 | $73,926 | 12.502% |
| 2022 (FY 2022/23) | $583,468 | $24,377 | $559,091 | $583,468 | $71,574 | 12.267% |
| 2021 (FY 2021/22) | $555,550 | $24,377 | $531,173 | $555,550 | $67,972 | 12.235% |
| 2020 (FY 2020/21) | $615,069 | $24,377 | $590,692 | $576,398 | $70,707 | 12.267% |
| 2019 (FY 2019/20) | $601,217 | $24,377 | $576,840 | $542,463 | $67,661 | 12.473% |
| 2018 (FY 2018/19) | $580,188 | $24,377 | $555,811 | $512,567 | $64,645 | 12.612% |
| 2017 (FY 2017/18) | $549,324 | $24,377 | $524,947 | $490,530 | $62,391 | 12.719% |
| 2016 (FY 2016/17) | $536,202 | $24,377 | $511,825 | $473,068 | $60,988 | 12.892% |
| 2015 (FY 2015/16) | $445,418 | $24,377 | $421,041 | $474,608 | $61,144 | 12.883% |
| 2014 (FY 2014/15) | $451,710 | $24,376 | $427,334 | $493,981 | $63,501 | 12.855% |
| 2013 (FY 2013/14) | $469,988 | $24,377 | $445,611 | $498,144 | $65,481 | 13.145% |
| 2012 (FY 2012/13) | $462,021 | $24,377 | $437,644 | $499,765 | $65,874 | 13.181% |
| 2011 (FY 2011/12) | $543,901 | $24,377 | $519,524 | $489,990 | $65,820 | 13.433% |
| 2010 (FY 2010/11) | $542,294 | $30,127 | $512,167 | $463,843 | $61,937 | 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.

Figures are the New York City Department of Finance assessment roll for tax lot 1008921106. 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)

## About The Building

### THE AURORA

Murray Hill · Condominium

556 3rd Avenue, New York, NY 10016

A building in Murray Hill, currently featuring 1 active listing.

- **Year Built**: 2002
- **Total Units**: 1
- **Floors**: 31

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-aurora)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [PHE](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/556-3rd-avenue-phe-PHE-ny-10016) | 4 | 5 | 3,500 sqft | $1,084 | $3,795,000 (-9.6%) | Douglas Elliman Real Estate | Mar 3, 2026 | 193 days |

## Estimated Monthly Payment

**$23,286 / month**, assuming a 20% down payment ($759,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $19,190
- **Common Charges**: $4,096

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## 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

- [THE AURORA — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-aurora)
- [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.