405 West 57th Street
405 West 57th Street, New York, NY 10019
BBL 1010670028 · BIN 1026888
- 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, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- Studio median
- $450K
- Recent range
- $375K – $885K
- Listing discount
- 1.1%
- Recorded transfers
- 46
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 405 West 57th 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.
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.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
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 (per House Rules)
- Pied-à-terre
- Not allowed
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, 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 |
|---|---|---|---|---|---|
| Mar 13, 2026 | 4C | 1 BA · 468 sf | $328,755 | $702/sf | -10.9% |
| Mar 27, 2025 | 6D | 1 BA · 565 sf | $450,000 | $796/sf | +0.0% |
| Nov 20, 2024 | 6C | 1 BA | $375,000 | +0.0% | |
| 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% |
| Jan 25, 2024 | 2D | 1 BA | $457,500 | -8.3% | |
| Aug 15, 2023 | 3E | 1 BA | $390,000 | -2.5% | |
| Jun 8, 2023 | 4D | 1 BA · 552 sf | $455,000 | $824/sf | +1.3% |
Market read. Most recent trades (2026) cleared a median $693/sf (floor-adjusted) across 1 sale. 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 2.3% 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 1-01067-0028). 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 on co-ops is not officially recorded, figures shown are approximate.
At the recent median sale of $375K (3 transfers since 2024), a buyer putting 25% down would pay about $10,050 to close, or 2.7% of the price.
- Mansion tax: $0
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $10,050
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with 405 West 57th Street and its market
The Roebling Report, monthly: Manhattan sales data and analysis, including buildings like 405 West 57th Street. Unsubscribe anytime.
We’ll use your email for The Roebling Report and note your interest in this building. See our privacy policy.
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
More Central Park South buildings
- The Osborne, 205 West 57th Street — 1883 co-op by James E. Ware
- 210 Central Park South — 1968 co-op
- 240 Central Park South — 1940 co-op by Mayer & Whittlesey
- 333 West 57th Street (The Westmore) — 1940 condop by Boak & Paris
- 911 Seventh Avenue — 1907 co-op by Harde & Short
- 1381 Avenue of the Americas — 1962 co-op
The neighborhood
For the full corridor — architecture, transit, and pricing across Central Park South — read The Roebling Team Guide to Central Park South.
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 405 West 57th Street?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.