# 55 Park Avenue, Manhattan

Co-op · 32 units · built c. 1923 · Block 893, Lot 2.

On Umarelli: https://umarelli.org/nyc/1008930002/55-park-avenue

More construction in Murray Hill: https://umarelli.org/nyc/manhattan/murray-hill.md

Every lot on block 893: https://umarelli.org/nyc/manhattan/893.md

## Building permits

- Alteration, filed Jun 29, 2026, estimated cost $296K, described as “Roof replacement down to existing deck as per plans. No change in use, occupancy, or egress.”
- Alteration, filed Jan 28, 2026, estimated cost $17K, described as “Installation of 4 ac sleeve in apartment 9E. No change in egress use or occupancy.”
- Alteration, filed Jan 28, 2026, estimated cost $14K, described as “Installation of 3 ac sleeve in apartment 8E. No change in egress use or occupancy.”
- Alteration, filed Aug 21, 2025, estimated cost $96K, described as “Slab repair on at Unit 10W. No change in use occupancy or egress.”
- Alteration, filed Jan 1, 2025, estimated cost $9K, described as “General construction renovation of partitions and finishes in existing bathrooms in apartment #4W on the 4TH floor. As per plans filed herewith. No change of use, egress, or occupancy.”
- Alteration, filed May 8, 2024, estimated cost $240K, described as “Replace boiler and oil burner as per plans. Change grade of fuel #4 to #2 oil. No change in use, occupancy or egress.”
- Alteration, filed Aug 18, 2021, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jul 9, 2021, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jul 6, 2021, estimated cost $100K, described as “Filing for facade repairs as per plans filed herewith.”

## Property taxes

- Assessment: $4,495,500
- 2026–27 tax: $503,446
- Market value (city estimate): $9,990,000
- Taxable value: $4,043,700
- Assessed land: $711,000
- Assessed improvements: $3,784,500

## Zoning

R10: floor area ratio 9.64 built, 10.00 allowed by base zoning.

## Recent sales

- Sep 17, 2026: $800,000
- Sep 9, 2026: $765,000
- Aug 26, 2025: $995,000
- Jul 21, 2025: $925,000
- May 12, 2025: $850,000
- Jun 18, 2024: $940,000
- Sep 20, 2023: $1,085,000
- Jul 20, 2023: $985,000
- Jun 9, 2023: $1,065,000
- May 8, 2023: $915,000

The 10 most recent of 20 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- PARK AVE PLAZA LAMPPOSTS (City Planning P1984M0285): Completed, decided Jun 10, 1992. CONST, MAINTAIN & USE ELECTRIC CONDUITS & 7 LAMPPOSTS

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology
