Parc Beaufort (140 West 57th Street)

Pollard & Steinam designed the original structure. MdeAS Architects filed the conversion plans with the Department of Buildings in February 2025, for 47 units across 14 stories. The restored facade keeps its bay windows and cornice.

The residences range from studios to three-bedrooms. Published launch coverage describes kitchens by Stephen Sills Associates with slatted cerused white oak cabinetry and Emperador marble counters, and primary baths with pickled white oak vanities, honed travertine floors and shower walls, mosaic glass tile and Gessi fixtures. The plan counts 47 residences and lists 16 storage units as separate units.

The 1,600-square-foot rooftop terrace, fitness center with infrared sauna and residents' lounge make up the amenity program, with a 24-hour attended lobby and doorman. That coverage appeared as sponsored content, so confirm amenities against the plan's description of common elements.

Per the offering plan filed with the New York State Attorney General (plan CD250149), the plan was submitted May 5, 2025 and accepted April 28, 2026 at a total offering price of $103,285,000 for 47 residential units. No amendments are posted as of October 2026. The record shows no effective date and no units-sold figure.

At $103,285,000 across 47 residences, the plan implies an average of about $2.2 million per home. That figure is arithmetic on the plan total.

Published launch coverage in June 2026 gave starting prices of $1.175 million. Other reporting of the launch listed studios from $955,000 to $995,000, a one-bedroom at about $1.2 million, a two-bedroom at about $3.15 million and a three-bedroom at about $4.5 million. The sources disagree on the entry price, so confirm against the sponsor's current price list. These are asking prices as of the June 2026 launch.

Deposit and contract. New-development contracts typically require a deposit of 10% at signing, held in escrow, with some sponsors asking for 20%. Read the plan for this building's terms.

Closing costs. In sponsor sales the buyer customarily pays the New York State transfer tax (0.4%) and the New York City real property transfer tax (1.425% up to $500,000, 2.625% above), plus the state "mansion tax" of 1% at $1 million, rising in tiers to 3.9% at $25 million in New York City. On a $3.15 million two-bedroom, the transfer taxes come to about $95,300 and the mansion tax to $47,250 (1.5% for $3 million to $5 million). The calculators below run your price.

Carrying costs. The plan's budget projects first-year common charges and real estate taxes. No tax abatement has been disclosed for this building. Conversions of older buildings are sometimes eligible for abatements, so ask the sponsor's attorney whether the plan states one and when it phases out.

Closing on a temporary certificate of occupancy. A sponsor can close on units while the building holds a temporary certificate of occupancy, renewed periodically until a final one issues. Ask what the sponsor holds back until then.

Sponsor board control. The sponsor controls the condominium board until enough units are sold to turn control over to owners. The declaration and by-laws set the threshold.

Landmark rules. Exterior changes, including windows, need Landmarks Preservation Commission approval. Because the original bay windows are the building's signature, owners should read the declaration's window and alteration rules before buying.

Plan effectiveness. The plan is accepted and not yet effective. Until the sponsor declares it effective by amendment, closings do not occur, and deposits remain in escrow.

If you're considering Parc Beaufort, also look at these nearby condominiums:

• 171 West 57th Street — 1922 hotel converted to condominiums, across from Carnegie Hall
• 146 West 57th Street — Metropolitan Tower, completed 1987, on the same block
• 111 West 57th Street — Steinway Tower, completed 2021
• Central Park Tower — 217 West 57th Street supertall condominium, completed 2020