1381 Avenue of the Americas

The building is a straightforward post-war elevator apartment house — light brick, a regular window grid, and the efficient, sensible massing of early-1960s Midtown residential design. It does not aim for ornament; its strengths are practical layouts at the scale of a large building. Confirm the condition of the building systems in recent engineering reports and board materials.

The 324 residences span studios and one-bedrooms through larger two-bedroom layouts, with hardwood floors throughout and the clean lines typical of the era. Higher floors and units with open Midtown exposures — including northward looks toward Central Park from the upper floors — carry the building's premiums. As in most large post-war co-ops, value tracks closely with floor level, exposure, light, and renovation condition, so each apartment is best judged on its own specifics.

1381 Avenue of the Americas — Carnegie House, also addressed 100 West 57th Street — operates as a full-service cooperative with an attended lobby, a full-time doorman, and concierge service. The cooperative does not own the land beneath it: the building sits on a ground lease, and ground rent is part of the cost of the leasehold the cooperative holds. On-site parking is among the building's most practical assets in a part of Midtown where parking is scarce and expensive, and laundry serves the building. The building has more than 300 apartments; review the current budget, audited statements, debt and any assessments.

Transit includes the M at 57th Street–Sixth Avenue on weekdays approximately 6 a.m.–9:30 p.m. and the F there at night and on weekends, with the N/Q/R/W at 57th–Seventh and B/D/E at Seventh Avenue a short walk away. Columbus Circle’s transit hub is a few blocks northwest; the Museum of Modern Art is also nearby.

Recent sales

Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.

Market read. Most recent trades (2025) cleared a median $196/sf (floor-adjusted) across 2 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 4.4% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01009-0029). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.

This is a cooperative, so purchases proceed through a board application and interview, and the building will have requirements around financing, debt-to-income, and reserves that a buyer should be prepared to meet — standard for a large full-service Midtown co-op. Work with the building's posture on financing and primary residency early in your process so the package is straightforward.

Buy on the fundamentals: floor, light, exposure, and condition. Before reaching any carrying-cost or financing conclusion, read the ground lease and its amendments: the lease set a ground-rent reset for March 15, 2025, and on September 3, 2026 the Appellate Division vacated the arbitration award on that reset and sent the matter to a new arbitration panel. Confirm the current ground-rent obligation and any interim arrangement, the apartment's maintenance, lender terms, the financials, the reserve position, and any planned assessments as part of due diligence.

Benchmark the apartment against sales with comparable floor level, exposure, renovation and carrying costs. Supply the ground-lease documents and current financial information so prospective buyers and lenders can assess the obligations alongside the apartment.

If you're considering 1381 Avenue of the Americas, also evaluate these nearby Central Park South and West 57th Street buildings:

• CitySpire (150 West 56th Street) — condominium tower on the same block
• 200 Central Park South — Wechsler's 1963 Central Park South cooperative
• Hampshire House — Caughey & Evans's 1931 Central Park South cooperative
• Essex House — Central Park South condominium and hotel residences
• 50 Central Park South — park-front building at the Plaza's edge
• 322 West 57th Street — West 57th Street full-service building nearby