Condominium · 1982
The Colonnade
347 West 57th Street, New York, NY 10019
Buildings·Chelsea·Condominium

347 West 57th Street (The Colonnade)

347 West 57th Street, New York, NY 10019

CorridorChelsea
At a glance
Year built
1982
Type
Condominium
Units
261
Floors
42
Landmark
No
Amenities
24-hour doorman and concierge, live-in superintendent, full-service parking garage, health club and fitness center with sauna, a 31st-floor Sky Lounge with a grand piano and panoramic city views, children's playroom, bike and suitcase storage, package and mail room, and laundry on every floor
Pets
Pet-friendly
Flip tax
None documented — verify against the by-laws at offer stage
The Data Room

Every recorded sale at this building, 2003–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$1,233
Listing discount
4.1%
Recorded sales
165
On record
2003–2026

The Colonnade is one of the larger full-service condominiums on the West 57th Street corridor, delivered in 1982 when this stretch between Eighth and Ninth Avenues was still relatively undeveloped and priced well below the blocks to the east. The neighborhood has transformed around it — Columbus Circle, the Deutsche Bank (formerly Time Warner) Center, Central Park's southwest corner, Lincoln Center, and Carnegie Hall are all within an easy walk — and the building now sits at a well-connected crossroads with the A, B, C, D, and 1 trains at Columbus Circle and the N, Q, and R nearby.

The building's thesis is full-service scale at an accessible per-foot. For a condominium of roughly 261 units to carry a 24-hour doorman, a live-in superintendent, an on-site parking garage, a health club, and a 31st-floor Sky Lounge is a genuine amenity package at a price point below the trophy towers a few blocks east on Billionaires' Row. Layouts run from compact studios to larger combined residences and a duplex penthouse at the crown, and condominium flexibility — pied-à-terre use, investor purchasers, subletting under the by-laws — widens the buyer pool relative to the co-op stock nearby.

Architecture and unit composition

Philip Birnbaum's design is a post-war brick tower set back from West 57th Street behind its own narrow plaza — an unusual arrival sequence for a mid-block site of this vintage. The residences range from studios of roughly 380 to 400 square feet up through one-, two-, and three-bedroom layouts, with some apartments combined over the years to create larger footprints, and a duplex penthouse spanning the top floors with high ceilings and a private terrace. Many apartments carry balconies and partial city, park, or river exposures on the upper floors. As with any early-1980s condominium, renovation quality and finish level vary substantially line to line.

Building operations

The Colonnade runs as a full-service condominium: a 24-hour doorman and concierge, a live-in superintendent, a full-service parking garage, a health club and fitness center with sauna, and a 31st-floor Sky Lounge with a grand piano and panoramic city views, plus a children's playroom, bike and suitcase storage, a package and mail room, and laundry on every floor. There is no swimming pool or roof deck. Common charges reflect the service level; the offering plan and current house rules are on file in The Roebling Research Library.

Recent sales

The Colonnade trades in the accessible-to-middle band of the Midtown West condominium market, with recent closings clustering around the mid-four-figures per square foot and larger combined units and the penthouse reaching above the building average. The full-service package and the Columbus Circle-adjacent location support pricing relative to less-amenitized peers, while the per-foot remains well below the Billionaires' Row market a few blocks east. Apartment-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

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.

DateUnitApartmentPricePPSFvs. Ask
Mar 11, 202623BB
1 BA · 400 sf
$575,000$1,438/sf-4.2%
Jan 22, 202621D
1 BR · 1.5 BA · 825 sf
$1,000,000$1,212/sf-9.1%
Jan 21, 202626BB
1 BA · 400 sf
$575,000$1,438/sf-0.7%
Dec 23, 202532A
2 BR · 2 BA · 1,000 sf
$1,520,000$1,520/sf-4.7%
Aug 21, 202544E
3 BR · 2 BA · 1,265 sf
$1,700,000$1,344/sfoff-mkt
Aug 18, 20253B
1 BR · 1 BA · 652 sf
$785,000$1,204/sf-7.1%
Mar 11, 202523F
1 BR · 1.5 BA · 850 sf
$1,250,000$1,471/sf-3.5%
Jan 24, 202521E
1 BA · 450 sf
$750,000$1,667/sf-10.3%

Market read. Most recent trades (2026) cleared a median $1,233/sf across 3 sales. Median listing discount 4.1% 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.

42C+132%
$950,000 ($685/sf) 2003$2,200,000 2014
38C · 1,387 sf+116%
$1,055,000 ($761/sf) 2004$2,500,000 ($1,802/sf) 2016$2,275,000 ($1,640/sf) 2023
36D+69%
$875,000 ($1,071/sf) 2014$1,475,000 2021
15D · 850 sf+61%
$840,000 ($1,018/sf) 2007$1,350,000 ($1,588/sf) 2015
20C · 1,000 sf+59%
$962,000 ($916/sf) 2004$1,530,000 ($1,530/sf) 2021

Other recent transfers

DateUnitPrice
Jun 1, 202324BB$645,000
Jul 24, 202034D$1,500,000
May 29, 201333B$850,000
May 17, 200728BB$515,000
View all 165 recorded sales, 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 1-01048-7501) 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

Underwrite the service level honestly. A 24-hour doorman, a live-in superintendent, an on-site garage, and a health club in a building of this size is a real package. If you will use the services, the carrying costs buy more here than the monthly number suggests; if you will not, you are subsidizing neighbors who do.

Confirm the exposure and the line. Views, light, and balcony access vary substantially by floor and orientation; combined units and the penthouse are their own category. Underwrite the specific apartment, not the building average.

Condo flexibility is real. Pied-à-terre, investment use, and subletting are accommodated under the declaration and by-laws; closings run on a condominium timeline of roughly 30 to 45 days.

Model the full carry. Common charges plus property taxes plus utilities and insurance — run it completely, and confirm the garage and storage waitlists and fees separately.

What to know if you’re selling

The full-service package is the marketing story. Lead with the doorman, the garage, the health club, and the Sky Lounge — the service depth at this price point widens the buyer pool.

Position against Midtown West and Columbus Circle. Your comparable set is the surrounding full-service condominiums, not the Billionaires' Row trophy market.

High floors, balconies, and combined units carry the premium. View, floor, private outdoor space, and layout drive the per-foot spread.

Closing timelines are condo-fast. 30 to 45 days from contract to closing.

Comparable buildings

The Roebling Team at The Colonnade

The Roebling Team at Compass specializes in Central Park West, the Upper East Side, and the broader Park-facing Manhattan market — including the Columbus Circle and Midtown West corridors. We publish this building profile because condominium buyers and sellers deserve building-specific intelligence — architecture, operational reality, transactional mechanics, and pricing at the apartment level — not generic market commentary.

If you're considering a purchase or sale at 347 West 57th Street, a 30-minute consultation is the right starting point. We'll bring the full context this page provides plus the transactional specifics your situation requires — comparable analysis at the apartment level, due diligence priorities, and the pacing strategy that fits your timeline.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.

Considering a move at The Colonnade?

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com