Place 57
207 East 57th Street, New York, NY 10022
BBL 1013317503 · BIN 1087269
- Year built
- 2005
- Type
- Condominium
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Pied-à-terre
- Permitted
- Doorman
- Full-time doorman
Every recorded sale at this building, 2006–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $1,358
- floor-adjusted, 2 sales
- Listing discount
- 3.8%
- Recorded sales
- 168
- On record
- 2006–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Place 57 would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
Place 57 is one of the few genuinely tall, genuinely modern condominiums on the central blocks of Midtown East — a 36-story, fully glazed tower dropped onto East 57th Street where most of the surrounding stock is mid-century brick. Completed in 2005, it was conceived as a luxury condominium for buyers who wanted contemporary construction, floor-to-ceiling glass, and unobstructed light close to the 57th Street retail spine, rather than a pre-war co-op and a board.
The building's calling card is its lobby. Place 57 partnered with the French crystal house Baccarat, and the entry and adjoining garden are appointed with crystal lighting and fixtures — a deliberately glamorous arrival sequence designed by a noted interior designer. It is the kind of branded, hospitality-grade common space that signals where the building sits: top of the post-war condominium tier, marketed on finish and service rather than on history.
For buyers, the appeal is concrete. This is a condominium — there is no co-op board admissions process and pied-à-terre use is permitted; confirm financing, trust and investment ownership rules in the declaration and bylaws. The two-homes-per-floor layout keeps the building feeling private despite its height, and the glass curtain wall delivers the wide-angle city and partial Central Park views that define the upper floors.
Architecture and unit composition
Place 57 reads as a single sculptural gesture: an angled, reflective glass shaft that catches light differently from the masonry around it. The slim floor plate and the decision to limit the building to roughly two apartments per floor mean most homes enjoy corner exposures and wrap-around glazing rather than the deep, dark interiors of larger towers.
The 67 residences are predominantly two- and three-bedroom layouts, generally running from roughly 1,200 to over 2,200 square feet. Interiors were finished to a high contemporary specification — wide-plank mahogany floors, stone countertops, deep walk-in closets, and floor-to-ceiling wrap-around windows. Kitchens and baths were outfitted with premium appliance and fixture packages typical of the building's debut tier. The combination of modern systems, generous glass, and a small per-floor count is exactly what new construction offered over the pre-war alternatives nearby.
Building operations
Place 57 runs as a full-service condominium. There is a 24-hour doorman and an attended, Baccarat-appointed lobby, concierge service, and a live-in resident manager. The amenity package is deep for a building of this size: a fitness center, a business center, a private resident lounge, a landscaped courtyard and garden, a children's playroom, a laundry room, private storage, and bicycle storage.
As a condominium, purchases clear a right-of-first-refusal rather than a board package, and pied-à-terre use is permitted; confirm financing, pet, LLC, trust and investor ownership rules in the declaration and bylaws. Common charges and real estate taxes are billed separately in the condominium structure, and the building's central Midtown location keeps it convenient to the businesses, transit, and retail of the 57th Street corridor.
Application and transaction fees
Fees below are from building management's published schedule, as of September 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
11 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Additional Processing FeePer applicantPaid to management | Paid by Buyer | When With the application | Amount $200 per applicant and/or Guarantor | Refundable Non-refundable |
| Application Processing FeePaid to management | Paid by Buyer | When With the application | Amount $700 | Refundable Non-refundable |
| Building Review FeePaid to the building | Paid by Buyer | When With the application | Amount $300 | Refundable Non-refundable |
| Credit Check FeePer applicantPaid to management | Paid by Buyer | When With the application | Amount $150 per applicant | Refundable Non-refundable |
| Credit Report Rerun FeeConditionalPaid to management | Paid by Buyer | When With the application | Amount $250 if applicable | Refundable Non-refundable |
| Expedited FeeConditionalPaid to management | Paid by Buyer | When With the application | Amount $500 if applicable | Refundable Not stated |
| Incomplete Application FeeConditionalPaid to management | Paid by Buyer | When With the application | Amount $150 if applicable | Refundable Not stated |
| Move-In FeePaid to the building | Paid by Buyer | When With the application | Amount $1,000 | Refundable Non-refundable |
| Move-Out FeePaid to the building | Paid by Seller | When With the application | Amount $1,000 | Refundable Non-refundable |
| Transfer Agent Closing FeePaid to management | Paid by Buyer | When At closing | Amount $500 | Refundable Non-refundable |
| Building Transfer FeePaid to the building | Paid by Seller | When At closing | Amount Equal to 1.5% of Sale Price Transfer Fee will be imposed on all sales/transfers occurring on or after July 1, 2013. Paid by Seller (s) at the time of closing. | Refundable Non-refundable |
Rental or lease
12 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Building Lease FeeRecurringPaid to the building | Paid by Landlord | When With the application | Amount Equal to 5% of the annual rent of full lease term | Refundable Non-refundable |
| Move-Out FeePaid to the building | Paid by Landlord | When With the application | Amount $1,000 | Refundable Non-refundable |
| Additional Processing FeePer applicantPaid to management | Paid by Tenant | When With the application | Amount $200 per applicant and/or Guarantor | Refundable Non-refundable |
| Application Processing FeePaid to management | Paid by Tenant | When With the application | Amount $650 | Refundable Non-refundable |
| Building Review FeePaid to the building | Paid by Tenant | When With the application | Amount $300 | Refundable Non-refundable |
| Credit Check FeePer applicantPaid to management | Paid by Tenant | When With the application | Amount $150 per applicant/adult applicant | Refundable Non-refundable |
| Credit Report Rerun FeeConditionalPaid to management | Paid by Tenant | When With the application | Amount $250 if applicable | Refundable Non-refundable |
| Expedited FeeConditionalPaid to management | Paid by Tenant | When With the application | Amount $500 if applicable | Refundable Not stated |
| Incomplete Application FeeConditionalPaid to management | Paid by Tenant | When With the application | Amount $150 if applicable | Refundable Not stated |
| Move-In FeePaid to the building | Paid by Tenant | When With the application | Amount $1,000 | Refundable Non-refundable |
Lease renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Building Lease FeeRecurringPaid to the building | Paid by Landlord | When With the application | Amount Equal to 5% of the annual rent of full lease term | Refundable Non-refundable |
| Application Processing FeePaid to management | Paid by Tenant | When With the application | Amount $200 | Refundable Non-refundable |
Alteration
2 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Elevator Wear and Tear FeePaid to the building | Paid by Resident | When Upon approval | Amount $250 per week | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Alteration Security DepositPaid to the building | Paid by Resident | When Upon approval | Amount Decorative $500, Standard $5000, Major $5000 | Refundable Refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Financing and purchase requirements
- Guarantors
- Permitted with conditionsMust provide full financial statement/informationSource: building management's published schedule, as of September 2026
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Leasing by owners
- Not verified
- Pied-à-terre ownership
- PermittedSource: building management's published schedule, as of September 2026
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $843 per room a monthMedian of 12 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $2.76 per square foot a monthMedian of 12 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.44 per square foot a monthMedian of 22 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $1.31 per square foot a monthMedian of 22 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. The split into common charges and taxes comes from the listings that also give the annual tax, a different sample, so the two lines need not add up exactly to the combined median; a tax abatement can hold taxes below the full amount until it expires. A summary of recorded sales and listings, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Concierge
- YesSource: recent listing records
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, residents' lounge, co-working space, playroom, garden, bike storage, storage, laundry roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $98,112/yr
- Per unit / month range
- $0 – $122
- Modeled exposure split equally across 67 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Management & transfer contacts
- Flip tax
- Building Transfer Fee 1.5% of sale price (seller, on transfers on/after July 1, 2013)
- Sublet policy
- Allowed (condo lease); Building Lease Fee equal to 5% of annual rent of full lease term
- Pied-à-terre
- Allowed
- Policies and fees
- Move-In/Move-Out $1,000 each; Transfer Agent Closing Fee $500; Building Review $300
Recent sales
Recent closings 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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 31, 2026 | 19A | 3 BR · 3 BA · 1,551 sf | $2,320,000 | $1,496/sf | -5.3% |
| Apr 21, 2026 | 33B | 2 BR · 2 BA · 1,386 sf | $2,200,000 | $1,587/sf | -12.0% |
| Nov 13, 2025 | 18A | 3 BR · 3 BA · 1,551 sf | $2,321,000 | $1,496/sf | -3.3% |
| Sep 15, 2025 | 20A | 3 BR · 3 BA · 1,551 sf | $2,330,000 | $1,502/sf | -6.8% |
| Jun 10, 2025 | 23A | 3 BR · 3 BA · 1,551 sf | $2,515,000 | $1,622/sf | +0.8% |
| Mar 27, 2025 | 25B | 2 BR · 2.5 BA · 1,628 sf | $2,500,000 | $1,536/sf | -3.7% |
| Feb 12, 2025 | 15A | 3 BR · 3 BA · 1,551 sf | $2,300,000 | $1,483/sf | -7.8% |
| Jan 29, 2025 | 5B | 2 BR · 2.5 BA · 1,423 sf | $1,637,500 | $1,151/sf | -6.4% |
Market read. Most recent trades (2026 to date) cleared a median $1,358/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 3.8% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01331-7503; each condominium apartment is its own tax lot). 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 from recorded condo declarations and offering plans.
Closed rents at Place 57, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 2 bedroom | 3 | $8,800 |
| 3 bedroom | 3 | $11,250 |
6 closed leases, October 2023 to September 2026. Most recent lease August 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at Place 57 and nearby.
At the recent median sale of $2.32M (8 sales in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $96,855 to close, or 4.2% of the price.
- Mansion tax: $29,006
- Mortgage recording tax: $33,502
- Title insurance: $10,442
- Attorneys, lender, building fees, reserves and filings: $23,904
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with Place 57 and its market
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What to know if you’re buying
This is a condominium, so the buying path runs through a right-of-first-refusal rather than a co-op board interview, and pied-à-terre use is permitted; confirm financing and investor ownership rules in the declaration and bylaws. Focus your diligence on the things that actually drive value here — floor and exposure (the glass curtain wall means light and view vary sharply by line), the scope and age of any prior renovation, and the building's common charges and reserve position. Because the building is small and amenity-rich, per-unit operating costs matter; review the financials closely. The central location is a genuine asset: you are walking distance to the 57th Street retail corridor, multiple subway lines, and Midtown's offices and restaurants.
What to know if you’re selling
Lead with what the building uniquely offers: modern construction, floor-to-ceiling glass, the branded Baccarat lobby, and a deep amenity suite in a two-per-floor boutique tower — a combination the pre-war co-ops nearby cannot match. The condominium structure is itself a selling point: resales clear through a right-of-first-refusal rather than a co-op board process. Price to the building's own recent trades and to comparable post-war Midtown East condominiums, not to the pre-war stock, and stage to the strength of the home's light and views, which are the building's signature.
Comparable buildings
If you're considering Place 57, also evaluate these Midtown East and East 57th Street peers:
- 225 East 57th Street — full-service East 57th Street building nearby
- 252 East 57th Street — modern luxury tower on the corridor
- 117 East 57th Street — Midtown East apartment building to the west
- 303 East 57th Street — established East 57th Street co-op
- 135 East 54th Street — Midtown East elevator building nearby
More Midtown East buildings
- Blair House (200 East 58th Street) — 1963 condominium
- Elysia (200 East 59th Street) — 2018 condominium by CetraRuddy Architects
- 204 East 47th Street (The Diplomat) — 1956 condominium
- The Sterling (209 East 56th Street) — 1960 co-op
- 211 East 46th Street, 211 East 46th Street and 212 East 47th Street — 1979 condominium by Philip Birnbaum & Associates
- 211 East 51st Street (Midtown East) — 1958 condominium
The neighborhood
For the full corridor — architecture, transit, and pricing across Midtown East — read The Roebling Team Guide to Midtown East.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at Place 57?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com