- Year built
- 1923
- Type
- Cooperative
27 West 55th Street is a boutique pre-war cooperative on one of Midtown's most centrally located residential blocks — the stretch of West 55th between Fifth and Sixth Avenues, a few minutes' walk from Central Park, Rockefeller Center, the Museum of Modern Art, and the flagship retail of Fifth Avenue. Built in 1923 and converted to a cooperative in 1949, it rises nine stories with roughly 34 apartments and occupies a niche that has only grown scarcer: a true pre-war home in the heart of Midtown, at a price well below the trophy towers and grand Fifth Avenue houses nearby.
The case for a building like this is location and character at a sensible cost. For buyers who work in or near Midtown, or who want a pied-à-terre within walking distance of the park, MoMA, and the city's cultural and commercial core, 27 West 55th offers the pre-war architecture and the address without the overhead of a full-service luxury house.
Architecture and unit composition
The building presents a handsome brown-brick face to West 55th Street, anchored by a canopied entrance and limestone detailing — the disciplined, well-proportioned vocabulary of early-1920s Manhattan apartment design. At 34 homes across nine floors, the building keeps a low, owner-occupied density, with a manageable number of apartments per landing.
Inside, the apartments carry the pre-war features buyers seek in this part of town — higher ceilings than post-war stock, separate kitchens, hardwood floors, and the solid masonry construction that keeps these homes quiet against the Midtown bustle outside. Across roughly 37,000 residential square feet and 34 homes, the layouts run to comfortable one- and two-bedroom apartments. As a converted cooperative, renovation level varies line to line, creating both turnkey and value-add opportunities.
Building operations
27 West 55th Street runs as a traditional cooperative with part-time door attendance and a live-in resident manager — a staffing model that preserves service and security while keeping the monthly maintenance efficient. Shared facilities are practical: a central laundry room and storage. The building trades a deep amenity stack for a low carry and a location whose amenities are the neighborhood itself — Central Park, MoMA, Rockefeller Center, and the restaurants and retail of Midtown all within a short walk.
As a cooperative, purchases clear through a board with a financial package and interview. Financing is permitted within a stated cap, and subletting is allowed under board-defined terms after an initial owner-occupancy period — standard posture for a stable, owner-occupied pre-war building of this size.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $16,207/yr
- Per unit / month range
- $0 – $40
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
With 34 apartments, turnover is light — a small number of closings in a typical year, weighted toward one- and two-bedroom homes. Pricing is set by floor, light, line, ceiling height, and renovation depth, and demand reflects the central Midtown location and pre-war character rather than speculative churn. For an address-specific view of recorded pricing and cadence, the building sales page tracks transfers tied to this BBL.
What to know if you’re buying
This is a board-approval cooperative, so plan for a full financial package, an interview, and a financing cap. Underwrite the all-in monthly carry — maintenance plus financing — and read the building's financials for reserve health and any planned capital work, which matters for any masonry building of this era. Confirm the current sublet and financing terms against your own plans early.
The reasons to buy are location-first: a pre-war home in the geographic center of Midtown, walking distance to Central Park, MoMA, and Rockefeller Center, at a price point well below the neighborhood's full-service luxury inventory. For owner-occupants and pied-à-terre buyers who value central location and pre-war character over a full amenity stack, the value case is strong.
What to know if you’re selling
Lead with the location and the pre-war character: few blocks in Manhattan combine this much centrality with this much architectural quiet. The comparable set is recent closings in the building and in the immediate Midtown pre-war cooperative cohort, adjusted for floor, light, and renovation.
Presentation is where value is won in a small co-op. A renovated, well-staged apartment that photographs its ceiling height and light consistently outperforms an unrenovated comparable. We price to the building's real ceiling rather than the broad neighborhood average, position the central-Midtown lifestyle accurately, and prepare the board package so a qualified buyer clears review cleanly.
Comparable buildings
If you're considering 27 West 55th Street, also look at these Midtown pre-war cooperatives:
- 33 West 56th Street — pre-war Midtown cooperative nearby
- 10 West 55th Street — cooperative on the same block
- 17 West 54th Street — Rockefeller Apartments cooperative
- 25 West 54th Street — Midtown pre-war peer
- 146 West 57th Street — Midtown West cooperative near Carnegie Hall
The Roebling Team at 27 West 55th Street
The Roebling Team at Compass specializes in Midtown, Fifth Avenue, and the broader park-adjacent cooperative market. We publish this profile because buyers and sellers in boutique pre-war co-ops deserve building-specific intelligence — the architecture, the conversion history, the staffing reality, the board posture, and where pricing sits against the immediate comparable set.
If you're weighing a purchase or sale at 27 West 55th Street, a 30-minute consultation is the right starting point.
Get the full picture on this building.
Current availability including off-market, the full comp set, and the board & financials read most listings don't show.