Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%West Village $2,411/sf 6%
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Cooperative · 1912
321 West 55th Street
321 West 55th Street, New York, NY 10019

321 West 55th Street

321 West 55th Street, New York, NY 10019

Hell's Kitchen

BBL 1010460021 · BIN 1025428

At a glance
Year built
1912
Type
Cooperative
The Data Room

Every recorded sale at this building, 2004–2026

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

1BR median
$908K
Recent range
$715K – $1.1M
Listing discount
1.9%
Recorded transfers
32

321 West 55th Street is a long-established 1912 cooperative on what residents and brokers alike consider one of the prettiest, most serene residential blocks in Hell's Kitchen — a tree-lined stretch between Eighth and Ninth Avenues that has held its low-rise, village-like character even as the surrounding neighborhood has filled in with towers. The building reads as a piece of old New York: eight stories, 36 homes, and a European ambience that distinguishes it from the post-war stock around it.

Its appeal is a specific kind of value. This is genuine pre-war cooperative living — a quiet, owner-occupied building with a planted common garden and patio, a bike room, and the kind of solid, conservatively run finances that buyers prize: the cooperative carries a healthy reserve and, notably, no underlying mortgage on the building. For a co-op, that financial posture is a meaningful advantage, insulating shareholders from refinancing risk and underpinning stable maintenance charges.

For buyers, the building offers a rare combination in Midtown West: pre-war scale and a tranquil block, with the practical, lifestyle-forward amenities — garden, bike room, pet-friendliness — that make day-to-day life easy, all a short walk from Central Park, Columbus Circle, the Theater District, and the dense transit web of West Midtown.

Architecture and unit composition

Completed in 1912, the building belongs to the early-twentieth-century low-rise tradition — a solid masonry street wall and the proportioned detailing of its period, set on a block whose tree canopy and continuous residential frontage give it an unusually calm, almost European feel for Midtown. At eight stories and 36 residences, the building is intimate, with a pristine lobby and a renewed elevator serving the floors.

The homes carry pre-war character — defined rooms and the scale that came with early-century planning — and many have been updated over the years while retaining their period bones. Shared spaces are part of the draw: a planted common garden and a common patio offer the rare luxury of private outdoor space in Midtown, while the bike room, central laundry, and storage handle the practical side of city living.

Building operations

321 West 55th Street operates as a cooperative with a live-in superintendent and voice-intercom entry, a staffing model appropriate to a building of its size and the source of its low-key, well-kept feel. The building is pet-friendly. As a cooperative, purchases are subject to board review and approval, and the board sets policy on financing, subletting, and pied-à-terre use; buyers should expect the standard co-op application and interview. The building's finances are a genuine selling point — a solid reserve fund and no underlying mortgage — which supports stable maintenance and reflects the conservative, owner-focused way the cooperative has been run.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.

Inspection history
2010–15
SWARMP
2015–20
Safe
2020–25
Safe
2025–30
2025–30
Due
Next report due
by Feb 2027
On record
$17,000 in filing penalties
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.

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 transfers 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.

DateUnitApartmentPricePPSFvs. Ask
Jun 15, 202693
1 BR · 1 BA · 750 sf
$1,100,000$1,467/sf+4.8%
Jan 21, 202653
1 BR · 1 BA
$715,000-1.9%
Sep 12, 202332
2 BR · 2 BA
$1,145,000-3.0%
Aug 8, 2023L2
2 BR · 1 BA
$750,000+0.0%
Apr 25, 202232
2 BR · 1 BA
$900,000-18.2%
May 11, 202124
2 BR
$745,000+0.0%
Feb 25, 202123
1 BR · 1 BA · 800 sf
$737,500$922/sf-1.0%
Sep 5, 2019L2
2 BR · 1 BA · 800 sf
$700,000$875/sf+7.7%

Market read. Most recent trades (2026) cleared a median $1,467/sf across 1 sale. Median listing discount 1.7% 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.

82+71%
$645,000 2004$1,100,000 2017
L2+44%
$520,000 ($650/sf) 2015$700,000 ($875/sf) 2019$750,000 2023
32+27%
$900,000 2022$1,145,000 2023
93 · 750 sf+16%
$950,000 2013$1,100,000 ($1,467/sf) 2026
View all 32 recorded transfers, sortable

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 1-01046-0021) 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 on co-ops is not officially recorded, figures shown are approximate.

What to know if you’re buying

The buying case combines block, character, and finances. You are buying into a 1912 cooperative on one of Hell's Kitchen's quietest residential streets, with a planted garden and patio, a bike room, pet-friendly rules, and — importantly — a building that carries a strong reserve and no underlying mortgage. That financial profile is a real differentiator among co-ops and should be weighed alongside the apartment itself.

Diligence runs along cooperative lines: confirm the board's posture on financing, subletting, and pied-à-terre ownership, review the financials and any planned capital work, and prepare for a board package and interview. Because this is a low-rise pre-war building, pay attention to floor and light, the renovation state of the specific unit, and the condition of the elevator and façade — the details that separate value within the building far more than raw square footage.

What to know if you’re selling

Sellers lead with the things buyers cannot find easily nearby: a pre-war cooperative on a tranquil, tree-lined block, with a garden, a patio, a bike room, pet-friendliness, and a financially conservative building with no underlying mortgage. That package — quiet block, real outdoor space, sound finances — is a strong story in a corridor otherwise dominated by larger post-war buildings.

Benchmark pricing to the Midtown West pre-war cooperative set, adjusting for floor, light, layout, and renovation. Presentation should foreground the block's character and the building's shared garden and patio, and emphasize the financial strength of the cooperative — points that resonate with co-op buyers and that help a well-prepared listing stand out given how little comparable inventory the building produces.

Comparable buildings

If you're considering 321 West 55th Street, these nearby Midtown West buildings make a useful comparison set:

Preparing a board package for this building?

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.

Considering a move at 321 West 55th Street?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at 321 West 55th 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.