347 West 57th Street (The Colonnade)
347 West 57th Street, New York, NY 10019
Hell's Kitchen
BBL 1010487501 · BIN 1026058
- 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
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 (floor-adjusted)
- $1,378
- Listing discount
- 3.5%
- Recorded sales
- 186
- On record
- 2003–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Colonnade 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 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.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $151,794/yr
- Per unit / month range
- $0 – $48
- Modeled exposure split equally across 261 units (the city tax-lot count). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
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.
How to read this, and where it comes from
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. City record last verified September 2026.
Management & transfer contacts
- Sublet policy
- Allowed; short-term rentals 6 months minimum; AirBnB not allowed
- Pied-à-terre
- Allowed; secondary residence, corporate and diplomat purchase/lease allowed
- Notable fees
- No building fee tables listed (only Domecile processing fees)
Recent sales
The Colonnade trades in the accessible-to-middle band of the Midtown West condominium market, with compact studios at the entry point and larger combined units and the duplex penthouse at the top of the building's range. View, floor, balcony access, and renovation quality drive the spread line to line. The full-service package and the Columbus Circle-adjacent location support pricing relative to less-amenitized peers, while pricing remains well below the Billionaires' Row market a few blocks east.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent closings 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 | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 13, 2026 | 25AB | 3 BR · 3 BA · 1,652 sf | $2,520,000 | $1,525/sf | -6.5% |
| Mar 11, 2026 | 23BB | 1 BA · 400 sf | $575,000 | $1,438/sf | -4.2% |
| Jan 22, 2026 | 21D | 1 BR · 1.5 BA · 825 sf | $1,000,000 | $1,212/sf | -9.1% |
| Jan 21, 2026 | 26BB | 1 BA · 400 sf | $575,000 | $1,438/sf | -0.7% |
| Dec 23, 2025 | 32A | 2 BR · 2 BA · 1,000 sf | $1,520,000 | $1,520/sf | -4.7% |
| Aug 21, 2025 | 44E | 3 BR · 2 BA · 1,265 sf | $1,700,000 | $1,344/sf | off-mkt |
| Aug 18, 2025 | 3B | 1 BR · 1 BA · 652 sf | $785,000 | $1,204/sf | -7.1% |
| Mar 11, 2025 | 23F | 1 BR · 1.5 BA · 850 sf | $1,250,000 | $1,471/sf | -3.5% |
Market read. Most recent trades (2026) cleared a median $1,378/sf (floor-adjusted) across 4 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 3.5% 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 1-01048-7501). 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; square footage from recorded condo declarations and offering plans.
At the recent median sale of $1M (9 sales since 2024), a buyer putting 25% down would pay about $45,838 to close, or 4.6% of the price.
- Mansion tax: $10,000
- Mortgage recording tax: $14,438
- Title insurance: $4,500
- Attorneys, lender, building fees, reserves and filings: $16,900
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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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
- 301 West 57th Street — full-service condominium on the same corridor
- 555 West 59th Street (The Element) — amenity-rich condominium near Columbus Circle
- 301 West 53rd Street — nearby Midtown West condominium
- 500 West 53rd Street — nearby Midtown West condominium
- 135 West 52nd Street — a Rafael Viñoly tower reborn as a CetraRuddy-designed condominium
More Chelsea buildings
- Eastville Gardens, 342–346 West 21st Street — 1940 co-op
- 344 West 23rd Street (The Cheyney) — 1983 condominium
- 347 West 22nd Street — 1841 co-op
- 350 West 23rd Street — 2006 condominium
- 350 West 53rd Street (The Lumiere) — 2005 condominium
- 353–355 West 29th Street — co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.
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 The Colonnade?
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