New York City  »  10065  »  Park Ave  »  550 Park Ave

550 Park Avenue, New York, NY 10065 - Property report

Also known as: 54-60 E 62nd St

Property image for 550 Park Avenue, New York, NY 10065
static Mapbox map

Property type

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Year built

1917

Lot sq. ft.

11,715

General information

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Address
Primary address
550 Park Avenue
Alternate address(es)
54-60 E 62nd St
ZIP code
10065
Neighborhood
Lenox Hill
Borough
Manhattan
Block & lot
01376-0037

Owner

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Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
156,390
Building dimensions
90 ft x 114 ft
Buildings on lot
1
Stories
17
Year built
1917
Sales
Sale date
04/15/2009
Sale price
$75,000
Tax
Tax year
2026-2027
Property tax
$2,336,372
Tax class
Zoning & Use
Zoning
Residential units
35
Residential sq. ft.
Commercial units
1
Office sq. ft.
Lot
Frontage(s)
Park Avenue (wide)
East 62 Street (narrow)
Lot dimensions
100.42 ft x 116.67 ft
Lot sq. ft.
11,715
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Current built area
156,395 sq. ft.
Buildable area

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
75 /100.  Very Bikeable
School district
2
Community district
8
Closest police station
0.29 Miles
Closest fire station
0.30 Miles

View more such as transportation, nearby schools and risk designations.

Units for 550 Park Avenue, New York, NY

Unit Sale date Sale price Sq. ft. Price/Sq. ft.
Unit 10E
Unit 10EW 02/05/2025
Unit 10W 04/07/2006
Unit 11E 06/26/2019
Unit 11W 09/14/2023
Unit 12E 05/11/2026
Unit 12W 04/07/2015
Unit 13E 03/02/2022
Unit 14E
Unit 16AE 06/09/2026
Unit 16BW 03/09/2011
Unit 17E 05/01/2024 4,500
Unit 17W 04/01/2011 3,000
Unit 1E 02/07/2025
Unit 2
Unit 2E 09/16/2025
Unit 2W 10/22/2025
Unit 3E 09/11/2024
Unit 3W 03/23/2026
Unit 5W 03/30/2015
Unit 6E 07/29/2005
Unit 7W 12/22/2014 3,192
Unit 8E 08/02/2023
Unit 8W 10/30/2024
Unit 9A 11/05/2013
Unit 9B 05/20/2008
Unit 9C 05/20/2008
Unit D 02/07/2025
Unit RES

Ownership information for 550 Park Avenue, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 550 Park Avenue, New York, NY 10065

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/18/2024 - R UCC3 Continuation
(2024121601119001)
XXX XXXX XXXXXX XXXXXXXXXXX XXXXXX XXXXXXXX XXXX
12/17/2024 - R UCC3 Continuation
(2024121601054001)
XXX XXXX XXXXXX XXXXXXXXXXX XXXXXX XXXXXXXX XXXX
04/15/2024 - R UCC3 Amendment
(2024041500139001)
XXX XXXX XXXXXX XXXXXXXXXXX XXXXXX XXXXXXXX XXXX
04/15/2024 - R UCC3 Amendment
(2024041500131001)
XXX XXXX XXXXXX XXXXXXXXXXX XXXXXX XXXXXXXX XXXX
03/24/2020 - R UCC3 Termination
(2020031700893006)
XXX XXXX XXXXXX XXXXXXXXXXX XXXXXX XXXXXXXX XXXX
03/24/2020 - R Initial UCC1
(2020031700893005)
XXX XXXX XXXXXX XXXXXXXXXXX XXXXXX XXXXXXXX XXXX
03/24/2020 - R Initial UCC1
(2020031700893004)
XXX XXXX XXXXXX XXXXXXXXXXX XXXXXX XXXXXXXX XXXX
03/24/2020 - R
03/11/2020 - D
Assignment of Leases and Rents
(2020031700893003)
XXX XXXX XXXXXX XXXXXXXXXXX XXXXXX XXXXXXXX XXXX
03/24/2020 - R
03/11/2020 - D
Agreement
(2020031700893002)
XXX XXXX XXXXXX XXXXXXXXXXX XXXXXX XXXXXXXX XXXX
03/24/2020 - R
03/11/2020 - D
Mortgage
(2020031700893001)
XXX XXXX XXXXXX XXXXXXXXXXX XXXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 550 Park Avenue, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$2,336,372
Municipal exemptions
Recent tax assessments
Market value
$44,901,000
Assessed value
$20,205,450

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $44,529,000 $20,038,050 $18,174,600 12.439% $2,267,903 $2,092,644 +1.31%
2024/25 $40,313,000 $18,140,850 $17,845,470 12.5% $2,237,884 $2,065,620 -0.58%
2023/24 $39,766,000 $17,894,700 $17,837,100 12.502% $2,237,195 $2,077,651 +5.67%
2022/23 $41,426,000 $18,641,700 $17,797,050 12.267% $2,190,230 $1,966,222 +9.98%
2021/22 $36,546,000 $16,445,700 $16,385,640 12.235% $2,012,131 $1,787,840 -14.44%
2020/21 $40,872,000 $18,392,400 $17,034,980 12.267% $2,097,040 $2,089,681 +2.13%
2019/20 $40,393,000 $18,176,850 $16,403,510 12.473% $2,053,485 $2,046,010 +4.86%
2018/19 $39,148,000 $17,616,600 $15,471,570 12.612% $1,959,157 $1,951,274 +4.24%
2017/18 $37,456,000 $16,855,200 $14,717,440 12.719% $1,881,023 $1,871,911 +3.86%
2016/17 $33,801,000 $15,210,450 $13,980,550 12.892% $1,811,639 $1,802,373 +3.64%

Permit information for 550 Park Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
09/30/2026 Alteration
07/08/2026 Alteration
06/15/2026 Alteration
05/26/2026 Alteration
04/29/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
11/03/2022 I
10/26/2016 I

*Most recent HPD violations on record for this property.

Lenox Hill residential market stats

Access a detailed real estate market overview of Lenox Hill so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Lenox Hill and compare it to other neighborhoods in Manhattan.

Median sale price

$1,255,000

-1.6% Y-o-Y

Median price/sq. ft.

$1,357

1.9% Y-o-Y

Manhattan median sale price

$1,250,000

4.2% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Lexington Ave & 63rd St at SW Corner
Station lines
F
Distance (miles)
0.127

Access the detailed traffic volume map for 550 Park Avenue, New York, NY 10065 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
East Side Elementary School, PS 267 9 Yes Public K-5 362 0.27
The Browning School NR No Private K-12 418 0.02
Gan Aliya NR No Private PK-K 42 0.27
Gan Aliya NR No Private PK-K 42 0.27
Rabbi Arthur Schneier Park East Day School NR No Private PK-8 264 0.34
Rabbi Arthur Schneier Park East Day School NR No Private PK-8 264 0.34
P.S. 59 Beekman Hill International 8 No Public PK, K-5 523 0.42
P.S. 59 Beekman Hill International 8 No Public PK, K-5 523 0.42
Ella Baker School 7 No Public PK, K-8 337 0.49
Ella Baker School 7 No Public PK, K-8 337 0.49
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 167 Robert F Wagner 8 Yes Public 6-8 1,019 0.76
The Browning School NR No Private K-12 418 0.02
Rabbi Arthur Schneier Park East Day School NR No Private PK-8 264 0.34
Ella Baker School 7 No Public PK, K-8 337 0.49
The Montessori School of New York - Manhattan NR No Private PK, K-8 0 0.58
Buckley School NR No Private K-9 374 0.58
St Thomas Choir School NR No Private 3-8 24 0.60
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
The Browning School NR No Private K-12 418 0.02
St Vincent Ferrer High School NR No Private 9-12 433 0.24
Dominican Academy NR No Private 9-12 218 0.30
Dominican Academy NR No Private 9-12 0 0.30
Art and Design High School 8 No Public 9-12 1,469 0.41
Manhattan High School For Girls NR No Private 9-12 204 0.42
Urban Academy Laboratory High School 1 No Public 9-12 135 0.49
Vanguard High School 5 No Public 9-12 421 0.49
Talent Unlimited High School 7 No Public 9-12 438 0.49
Manhattan International High School 1 No Public 9-12 352 0.49

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 550 Park Avenue, New York, NY 10065?

The development at 550 Park Avenue, New York, NY 10065 was built in 1917.

What is the total square footage of 550 Park Avenue, New York, NY 10065?

550 Park Avenue, New York, NY 10065 has a total of 156,390 square feet.

What is the assessed value of 550 Park Avenue, New York, NY 10065?

550 Park Avenue, New York, NY 10065 is currently assessed at $20,205,450.

What are the property taxes for 550 Park Avenue, New York, NY 10065?

The property taxes for 550 Park Avenue, New York, NY 10065 total $2,358,751.

How many residential units does this building have?

This building has 35 residential unit(s).

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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