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Manhattan / Upper East Side-Carnegie Hill / 10065

553 PARK AVENUE

Boro1
Block1396
Lot71
BBL1013960071
Class D4Upper East Side Historic District
Residential units
25
Units in total
26
Storeys
12
Year built
1913
Last alteration on file
2020
Recorded transfers
15 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
2 Jul 2026$3,795,0009ESINGLE RESIDENTIAL COOP UNITRPTT&RET
31 Jul 2025$4,650,00010WSINGLE RESIDENTIAL COOP UNITRPTT&RET
18 May 2023$7,000,00012WSINGLE RESIDENTIAL COOP UNITRPTT&RET
4 May 2023$4,000,0006ESINGLE RESIDENTIAL COOP UNITRPTT&RET
22 Apr 2022$4,100,0007ESINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Sep 2021$2,596,6381WBSSINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Sep 2021$2,550,000PHESINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Jun 2020$7,925,0008WSINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Jun 2019$8,000,00010WSINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Feb 2019$3,250,0002WSINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Nov 2018$4,550,00010ESINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Oct 2018$3,900,0002ESINGLE RESIDENTIAL COOP UNITRPTT&RET
2 Jan 2018$5,200,0001ESINGLE RESIDENTIAL COOP UNITRPTT&RET
31 Jan 2006$3,950,0005ESINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Jun 2004$5,350,0005WSINGLE RESIDENTIAL COOP UNITRPTT
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.

By year

YearTransfersMedian recordedLowestHighest
20261$3,795,000--
20251$4,650,000--
20232$5,500,000$4,000,000$7,000,000
20221$4,100,000--
20212$2,573,319$2,550,000$2,596,638
20201$7,925,000--
20192$5,625,000$3,250,000$8,000,000
20183$4,550,000$3,900,000$5,200,000
20061$3,950,000--
20041$5,350,000--
02

The building on the lot

Section through the lot

LOT 10,165 SQ FT12
Drawn from PLUTO: 12 storeys, 95,603 sq ft of building on 10,165 sq ft of lot, an average floor plate covering 78% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
10,165 sq ft
Building area
95,603 sq ft
Residential area
94,603 sq ft
Commercial area
1,000 sq ft
Office area
1,000 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
9.41
Residential FAR permitted
10
Zoning district
R10
03

Assessment

Assessed land value
$2,821,500
Assessed total value
$12,882,150
Exempt value
$6,590
Assessed per residential unit
$515,286

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D4ELEVATOR COOPERATIVE
Neighbourhood
Upper East Side-Carnegie Hill
ZIP code
10065
Community district
Manhattan 8
Council district
4
Coordinates
40.764444, -73.968153
05

Other buildings in Upper East Side-Carnegie Hill

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1524 3 AVENUED643019671-
150 EAST 69TH STREETD43781959314$1.90m
1150 MADISON AVENUED634319231-
1680 3 AVENUED628019801-
1239 MADISON AVENUERM2511969192$2.88m
118 EAST 60 STREETD42341963239$669k
1538 3 AVENUERM2291991261$1.72m
171 EAST 84 STREETRM2171987209$1.40m
120 EAST 87 STREETRM2141981249$999k
48 EAST 89 STREETD42101973168$1.74m
800 5 AVENUED820819790-
1327 MADISON AVENUERM2051984171$1.93m

Every building on file in Upper East Side-Carnegie Hill