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55 Park Avenue is a boutique cooperative built in 1922 with full-time staff and amenities. Located in Murray Hill near Grand Central, it allows pets and pied-a-terres on a case-by-case basis.
55 Park Avenue is a 16 story, 32 apartment Murray Hill co-op designed by the Fred F. French Company and completed in 1922. With only two apartments per floor, the building has retained its original low density arrangement; it converted to cooperative ownership in 1985.
The mid-block building has a red brick façade above a four story limestone base, with rustication on the second through fourth floors and a row of narrow arched windows at the fourth floor. Scalloped bandcourses and related window surrounds articulate the upper stories, while the setback top floor gives the roofline a stepped profile.
Apartments commonly retain wood burning fireplaces, entry foyers, separate dining spaces and beamed ceilings around 9.5 feet high. Corner exposures and oversized windows bring Empire State Building, Chrysler Building and Grand Central Terminal views into several upper floor homes. The building has a full time doorman, a live-in superintendent, resident storage and a central laundry room; staff also deliver mail and packages to apartment doors.
Grand Central Terminal, served by Metro North and the 4, 5, 6, 7 and S subway lines, is four blocks north. The Morgan Library is about two blocks west, while the Church of Our Saviour and the Union League Club are close architectural landmarks. Pets are permitted, and pied-à-terre ownership is considered case by case.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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