- Year built
- 2005
- Type
- Condominium
- Landmark
- No
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
- $1,179
- Listing discount
- 4.1%
- Recorded sales
- 167
- On record
- 2006–2026
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 — financing is flexible, there is no co-op board admissions process, and pied-à-terre, trust, and investment ownership are customary. 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, the building offers the ownership flexibility buyers expect at this tier — straightforward financing, a right-of-first-refusal rather than a board package, and customary acceptance of pied-à-terre, LLC, trust, and investor purchases. Pets are generally permitted. 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.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $70,429/yr
- Per unit / month range
- $0 – $88
Facade safety — Local Law 11
The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Recent sales
Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| 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 | -12.1% |
| 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% |
| Jul 22, 2024 | 23B | 2 BR · 2.5 BA · 1,628 sf | $2,555,000 | $1,569/sf | -1.7% |
Market read. Most recent trades (2026) cleared a median $1,179/sf across 1 sale. Median listing discount 4.1% 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) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. 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.
What to know if you’re buying
This is a condominium, so the buying path is the lighter one: a right-of-first-refusal rather than a co-op board interview, flexible financing, and no prohibition on pied-à-terre or investor ownership. That alone differentiates Place 57 from most of the surrounding inventory. 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 to the financing- and flexibility-minded buyer this building attracts; resales clear through a right-of-first-refusal on a faster, more predictable timeline than a co-op. 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
The Roebling Team at Place 57
The Roebling Team at Compass specializes in Midtown East, Sutton Place, and the broader Manhattan luxury condominium market. We publish this profile because buyers and sellers evaluating a modern condominium like Place 57 deserve building-specific intelligence — the layouts, the amenity program, the ownership flexibility, and where the pricing sits against both new and pre-war inventory.
If you're considering a purchase or sale at Place 57, a 30-minute consultation is the right starting point.
Get the full picture on this building.
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