317 West 54th Street
317 West 54th Street, New York, NY 10019
BBL 1010450020 · BIN 1025410
- Year built
- 1980
- Type
- Cooperative
- Units
- 39
- Floors
- 5
- Amenities
- Shared rear garden/patio with seating and a grill for shareholders per listing records; central laundry room; bike storage
- 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
- Not permitted
- Dogs
- Requires confirmation
- Cats
- Permitted with conditions
- Maximum financing
- 80% of the purchase price
- Doorman
- Requires confirmation
Every recorded sale at this building, 2004–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- Studio median, 2024–2025
- $378K
- 2 qualifying sales
- Recent range
- $345K – $410K
- Listing discount
- 2.1%
- Recorded transfers
- 41
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 317 West 54th Street 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.
The West 54th Street blocks between Eighth and Ninth Avenues are where Midtown's residential market gets practical: a five-minute walk puts you at Columbus Circle, the Broadway theaters, Carnegie Hall, or the 57th Street office spine, and the Special Clinton District — the 1974 zoning framework that protects these side streets — keeps the mid-block scale low and the light real. 317 West 54th Street is one of the corridor's small entry-tier cooperatives: 39 units across 5 floors, predominantly studios and one-bedrooms, with a shared rear garden that listing records consistently flag as the building's signature amenity. For buyers priced out of co-op ownership nearly everywhere else in walking distance of the Midtown core, buildings like this one are the actual product.
The cooperative's paper trail is better than its size suggests. The Roebling Research Library holds the full conversion set — offering plan, by-laws, and the proprietary lease with house rules. The plan documents the mechanics precisely: sponsor Lurie Mortgage Corporation acquired the property at the end of 1981 and offered 5,897 shares across 38 units under an eviction plan, with the superintendent's apartment held back unallocated and a single professional suite conveyed under a long-term lease. The proprietary lease runs to December 31, 2084. That is the entire governing framework of the building, on file and readable before you offer — which matters in small self-managed co-ops, where the documents do the work that a large managing agent's compliance department does elsewhere.
The honest caveat is the building's documented physical history, which is thin. City records carry a 1980 construction date; listing records describe the building variously as pre-war and post-war; and the offering plan's references to the city's rehabilitation regulations suggest the 1980 date may mark a substantial renovation of older housing stock rather than new construction. We flag the ambiguity rather than resolve it by guesswork — it has no practical bearing on ownership, but your engineer's inspection should be read with it in mind.
Architecture and unit composition
This is a modest five-story brick building on a roughly 58-foot lot — no architectural pedigree is documented, and we do not invent one. The 39 apartments run small and efficient: studios and one-bedrooms with through-wall air conditioning, several refreshed in recent listing cycles. What the building offers instead of provenance is position — a low-rise block in the Special Clinton District, whose zoning currently limits mid-block height, though zoning can be amended and protects no particular view — and the shared garden, a genuine rarity at this price tier in Midtown West.
Building operations
Self-service mechanics: a resident superintendent, no doorman, central laundry, bike storage, and the shareholders' garden. Listing records conflict on whether the building has a passenger elevator — it appears in some amenity feeds as a walk-up and in others as an elevator building — so verify at showing if stairs matter to you. The conversion-era governance documents are on file with us; current financial statements should be requested from the managing agent during diligence, as we do not hold recent statements for this building.
Application and transaction fees
Fees below are from building management's published schedule, as of July 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
5 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $750 | Refundable Non-refundable |
| Credit Report Check FeePer applicantRequired | Paid by Buyer | When With the application | Amount $200 per applicant | Refundable Not stated |
| Move In Fee | Paid by Buyer | When At closing | Amount $200 | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move In Deposit | Paid by Buyer | When With the application | Amount $750 | Refundable Not stated |
| Move Out Deposit | Paid by Seller | When With the application | Amount $750 | Refundable Not stated |
Sublet
8 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application FeePaid to the building | Paid by Subtenant | When With the application | Amount $100 | Refundable Non-refundable |
| Application Processing Fee | Paid by Subtenant | When With the application | Amount $400 | Refundable Non-refundable |
| Monthly Cable Fee | Paid by Shareholder | When Upon approval | Amount $55.64 | Refundable Not stated |
| Sublet FeeRecurringRequired | Paid by Shareholder | When Upon approval | Amount Equal to 30% of annual maintenance billed monthly for the first 2 years, increasing to 50% thereafter | Refundable Not stated |
| Sublet Renewal Fee | Paid by Shareholder | When Upon approval | Amount $125 | Refundable Not stated |
| Move-in Fee | Paid by Subtenant | When Upon approval | Amount $200 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out Deposit | Paid by Shareholder | When With the application | Amount $750, refundable upon completion of move and no damage to common areas of building | Refundable Refundable |
| Move In Deposit | Paid by Subtenant | When With the application | Amount $750, refundable upon completion of move and no damage | Refundable Refundable |
Refinance
3 items
Management's “less refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $450 | Refundable Non-refundable |
Management's “more refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Buyer | When With the application | Amount $450 | Refundable Non-refundable |
| Credit Check FeePer applicantRequired | Paid by Buyer | When With the application | Amount $75 per applicant | Refundable Non-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
- Maximum financing
- 80% of the purchase priceSource: building management's published schedule, as of July 2026
- Guarantors
- PermittedSource: building management's published schedule, as of July 2026
- Co-purchasing
- PermittedSource: building management's published schedule, as of July 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.
- Subletting by shareholders
- Not verified
- Pied-à-terre ownership
- Not permittedSource: building management's published schedule, as of July 2026
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Dogs
- Requires confirmationSources differ. Confirm with building management.
- Cats
- Permitted with conditionsCats permitted. Dogs not permitted.Source: building management's published schedule, as of July 2026
- In-unit washer/dryer
- Not verified
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Building staffing and amenities
- Doorman
- Requires confirmationSources differ. Confirm with building management.
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Garden, bike 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
This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.
See full Local Law 97 analysis →Management & transfer contacts
- Sublet policy
- Allowed; Sublet Fee equal to 30% of annual maintenance (billed monthly) first 2 years, increasing to 50% thereafter; Sublet Renewal Fee $125
- Pied-à-terre
- Not allowed; Secondary Residence not allowed
- Policies and fees
- Max financing 80% of purchase price
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.
| Date | Unit | Apartment | Price | vs. Ask |
|---|---|---|---|---|
| Jul 9, 2025 | 4D | 1 BA | $410,000 | -3.5% |
| May 28, 2024 | 2E | 1 BA | $345,000 | -9.2% |
| Mar 30, 2022 | 4E | 1 BA | $375,000 | -8.5% |
| Oct 8, 2021 | 4D | 1 BA | $360,000 | +0.0% |
| Aug 19, 2021 | 4G | 2 BR · 1 BA | $620,000 | +12.9% |
| Jul 7, 2021 | 1A | 2 BR · 1 BA | $690,000 | -8.0% |
| Feb 11, 2021 | 1E | 1 BA | $315,000 | -21.1% |
| Jul 23, 2020 | 1B | 1 BR · 1 BA | $525,000 | -4.5% |
Market read. $/sf is measured on the latest sales with reliable square footage (2019): a median $713/sf (floor-adjusted) across 1 sale. The building has traded as recently as 2025. Median listing discount 2.6% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
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 1-01045-0020). 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.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 317 West 54th Street and nearby.
Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
The price of admission is the product. Co-op ownership within a ten-minute walk of Columbus Circle, Carnegie Hall, and the theater district, with 80 percent financing permitted per listing records — that is the entire thesis, and it is a sound one. Run the Co-op Affordability Calculator before touring.
Read the conversion documents — we have them. The offering plan, by-laws, and proprietary lease on file in The Roebling Research Library are the building's constitution. In a 39-unit self-managed cooperative, the documents and the board are the institution; there is no large management apparatus behind them.
The policy stack is thinly documented publicly. Pets require board approval and guarantors appear permitted per listing and brokerage records, but sublet terms, pied-à-terre posture, and any flip tax are not publicly documented. Have these confirmed in writing through the managing agent before you go to contract — and budget conservatively until they are.
No doorman means no doorman. Packages, deliveries, and access run through a superintendent and an intercom. Compare actual maintenance, debt and assessments before assuming savings; decide whether the service model suits you.
Verify the building's physical history through your engineer. The 1980 city-records date, the pre-war descriptions in listing records, and the rehabilitation-era offering plan language are an unresolved set. None of it is disqualifying; all of it belongs in your inspection conversation.
What to know if you’re selling
Sell the block and the garden. The Special Clinton District's protected scale, the rear garden, and the walk-to-everything position are the differentiators against the anonymous studio stock east of Eighth Avenue. Market them specifically.
Price to the entry buyer's math. Your buyer pool is financing-sensitive and closing-cost-sensitive. The 80 percent financing allowance widens the pool relative to stricter co-ops nearby — make sure the listing says so. Run the Seller Closing Cost Calculator with any transfer fee confirmed first.
Have the building's paperwork ready early. Small co-ops slow down at the board-package and bank-questionnaire stage. We pre-position the conversion documents from the Research Library and coordinate the questionnaire with the managing agent so financed deals do not stall.
Comparable buildings
If you're considering 317 West 54th Street, also evaluate:
- 419 West 55th Street — the closest like-for-like Hell's Kitchen co-op comparison, two blocks north
- 205 West 54th Street (The Albemarle) — the pre-war elevator co-op step-up one block east
- 17 West 54th Street (Rockefeller Apartments) — the landmark co-op alternative across Fifth Avenue's orbit, for buyers stretching toward pedigree
- 457 West 57th Street — large pre-war co-op at the corridor's northwest edge; more units, more services
- The Piano Factory (454 West 46th Street) — Hell's Kitchen's best-known character conversion co-op, deeper into the neighborhood
- 240 Central Park South — a full-service park-front building; verify its tenure and current rental availability separately
More Hell's Kitchen buildings
- 305 West 52nd Street (879 Eighth Avenue) — 1942 condominium
- 310 West 52nd Street (The Link) — 2005 condominium by Costas Kondylis & Partners
- 315 West 55th Street — 1945 co-op
- 321 West 55th Street — 1912 co-op
- 322 West 57th Street (The Sheffield) — 1978 condominium by Emery Roth & Sons
- The Sorting House (322 West 52nd Street) — 1930 condominium
The neighborhood
For the full corridor — architecture, transit, and pricing across Hell's Kitchen — read The Roebling Team Guide to Hell's Kitchen.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
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 317 West 54th Street?
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