- Year built
- 1940
- Type
- Cooperative
- Units
- 48
- Floors
- 6
- Landmark
- No
- Pets
- Pet-friendly
- Subletting
- Subject to board approval under co-op rules; confirm current terms at offer stage
- Flip tax
- Confirm current flip tax and structure with the board at offer stage
Every recorded sale at this building, 2005–2024
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- Recent range
- $690K – $885K
- Listing discount
- 2.8%
- Recorded transfers
- 27
405 West 57th Street is an intimate pre-war cooperative on a Midtown West block that has become one of the more convenient addresses in Manhattan. Built in 1940 in an Art Deco / Streamline Moderne idiom, the six-story building holds just 48 apartments and retains an original Art Deco lobby, a wood-paneled elevator, and a canopied entrance with sidewalk landscaping.
The appeal is the combination of a genuine pre-war co-op at an accessible price point with a location that improved dramatically as Columbus Circle, the Deutsche Bank Center, and the far West Side developed around it. Central Park is roughly two blocks east; Columbus Circle and its 1, A, B, C, D subway hub are a short walk; and the Deutsche Bank Center's shops and concert halls are close by.
For buyers, this is a practical, well-scaled building — a small, walk-to-everything co-op with a planted roof deck and moderate carrying costs rather than a trophy address. It prices accordingly, which is a large part of its appeal so close to Central Park.
Architecture and unit composition
The 48 apartments distribute across six stories in a pre-war brick envelope with Streamline Moderne detailing. The unit mix runs from studios through one-bedrooms, with larger combined layouts appearing over time. Many kitchens are windowed — a pre-war feature buyers prize — and apartments retain period proportions, with renovation quality varying unit to unit and driving much of the pricing spread within the building.
The building has no garage and no fitness center; the amenity set is a live-in superintendent, central laundry, and the planted rooftop terrace. That lean profile keeps carrying costs down.
Building operations
405 West 57th Street is a self-contained pre-war co-op with a live-in superintendent, a wood-paneled elevator, central laundry, and a planted rooftop terrace. There is no doorman and no garage — typical for an intimate 48-unit pre-war building, and part of what keeps maintenance moderate. The building is pet-friendly.
As a cooperative, purchases require board approval and are subject to the building's financing and sublet policies. Buyers should confirm the current maintenance schedule, the flip tax, the maximum financing permitted, any assessments, the reserve position, and recent capital work during due diligence.
Recent sales
As a cooperative, 405 West 57th Street is read on a price-per-room basis; many apartments trade without a published square footage, and per-room and per-estimated-room pricing is the more reliable comparison. Recent closings have run from the high hundreds of thousands for larger layouts down to the mid-hundreds of thousands for studios, with floor, exposure, and — above all — renovation condition driving the spread within the building.
Apartments here trade as practical, well-located pre-war co-ops rather than trophy product; condition and layout are the dominant variables. Specific recent figures should be confirmed against current recorded transfers at offer stage.
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Sep 9, 2024 | 5F | 1 BR · 1 BA | $690,000 | -4.8% | |
| Jun 27, 2024 | 1H | 2 BR · 1 BA · 950 sf | $885,000 | $932/sf | -1.1% |
| Oct 7, 2022 | 6G | 1 BR · 1 BA | $745,000 | -0.7% | |
| May 10, 2022 | 3B | 1 BR · 1 BA | $690,000 | -13.2% | |
| Mar 7, 2022 | 6F | 1 BR · 1 BA · 800 sf | $750,000 | $938/sf | off-mkt |
| Mar 2, 2022 | 3H | 1 BR · 1 BA · 750 sf | $700,000 | $933/sf | -4.8% |
| May 26, 2021 | 6A | 1 BR · 1 BA · 750 sf | $680,000 | $907/sf | -2.7% |
| May 23, 2019 | 6F | 1 BR · 1 BA · 800 sf | $550,000 | $688/sf | -21.3% |
Market read. Most recent trades (2024) cleared a median $920/sf across 1 sale. Median listing discount 2.8% 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.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Jun 2, 2020 | 4F | $775,000 |
| May 24, 2012 | 4F | $575,000 |
| Apr 21, 2010 | 6G | $574,500 |
| Apr 14, 2010 | 3H | $550,000 |
| Jan 6, 2010 | 1H | $653,000 |
| Aug 1, 2007 | 3B | $645,000 |
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 1-01067-0028) 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
Condition drives price. Renovation quality is the primary variable within the building. Inspect kitchens, baths, and mechanicals and price against comparable condition.
Understand the co-op economics. Confirm the maximum financing permitted, the flip tax and who pays it, the maintenance schedule, and any assessments. Model the full carry before you offer.
Know the amenity profile. This is a lean pre-war building: live-in super, laundry, and a roof deck — no doorman, no gym, no garage. That keeps costs down; weigh it against your needs.
Board approval applies. As a cooperative, purchases require board approval. Prepare a complete, well-documented board package.
What to know if you’re selling
Lead with location and pre-war character. Walk-to-Central-Park and Columbus Circle convenience, plus the original Art Deco lobby and windowed kitchens, are the headline.
Presentation matters. Because condition drives the pricing spread, staging and preparation materially affect outcome.
Price per room against the right comps. Comparable analysis should weight floor, exposure, layout, and condition within this small building.
Comparable buildings
If you're considering 405 West 57th Street, also evaluate:
- 135 West 58th Street (Park House) — nearby pre-war Central Park South-edge cooperative
- Central Park South — the broader corridor's pre-war cooperative tradition
The Roebling Team at 405 West 57th Street
The Roebling Team at Compass specializes in the Midtown West, Columbus Circle, and broader Central Park South cooperative market. We publish this building profile because cooperative buyers and sellers deserve building-specific intelligence — architecture, board policy, and apartment-level pricing reality — not generic market commentary.
If you're considering a purchase or sale at 405 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 — financial structuring, due diligence priorities, comparable analysis at the apartment level, and the pacing strategy that fits your timeline.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Central Park South — read The Roebling Team Guide to Central Park South.
Get the full picture on this building.
The full comp set, a private valuation of your line, or current and off-market availability — sent to you directly.