- Year built
- 1956
- Type
- Cooperative
- Units
- 147
- Floors
- 10
- Landmark
- No
- Pets
- Cats permitted; dogs are not permitted
- Subletting
- Generally restricted (board discretion)
Every recorded sale at this building, 2006–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $871
- Listing discount
- 0.6%
- Recorded sales
- 35
- On record
- 2006–2026
The Geneva, at 408 West 57th Street, is a postwar cooperative on the western end of 57th Street, near Columbus Circle and the convergence of Hell's Kitchen, the Lincoln Square edge, and the Far West Side. Completed in 1956, it belongs to the mid-1950s era of efficient masonry apartment houses, and at roughly 147 residences across studios, one-bedrooms, and two-bedrooms, it offers one of the more accessible entry points to ownership in this part of Manhattan. That scale produces a deeper, more liquid resale market than smaller boutique co-ops while spreading operating costs across more units.
The building's appeal is location plus value: a full-service, doorman co-op with an on-site garage at a price point well below the corridor's new-development condominiums, within walking distance of Columbus Circle, Central Park's southwest corner, and the West Side transit and retail spine. For buyers who want a low-maintenance, well-run co-op in a central location — and who do not require dog ownership — The Geneva is frequently the answer.
What distinguishes the cooperative form here is its governance framework. Buyers purchase shares in a corporation rather than real property, and every purchase is subject to board approval. That structure self-selects for an owner-occupant community and produces a different ownership experience than the condominiums nearby. It also shapes how the building behaves on resale, which we address in the sales context below.
Architecture and unit composition
The Geneva presents as a postwar masonry mid-rise of the mid-1950s — ten stories, with the simpler detailing, larger window openings, and practical floor plans characteristic of its vintage rather than the room-heavy layouts of the prewar era. The unit mix runs studios, one-bedrooms, and two-bedrooms, with exposures and light improving with height. Apartment-level layout, light, and condition are best assessed in person.
Because this is a cooperative, the apartment you are evaluating is described and priced by its room count, not by square footage. The room count — entry, living room, kitchen, and bedrooms — is the working unit of value here, and renovations over the decades may have reconfigured rooms relative to the original plan. The roughly 147-unit scale implies a range of line types and exposures across the building.
Building operations
The Geneva operates as a full-service postwar cooperative. Day-to-day operations include a 24-hour doorman, an on-site parking garage, a live-in superintendent, on-site management, a renovated lobby, a central laundry room, a bike room, and storage cages subject to availability. There is no fitness center or roof deck. The pet policy permits cats but not dogs.
Maintenance at a co-op is quoted on a per-room basis and covers the building's operating costs, the underlying mortgage (if any), and the shareholder's pro-rata portion of real estate taxes — a key structural difference from condominium common charges, which are quoted separately from taxes. Buyers should review the building's financial statements, reserve position, any underlying mortgage and its terms, and recent and planned capital projects during due diligence. For a postwar building, the relevant items are façade and Local Law 11 work, elevator modernization, roof and mechanical systems, garage condition, and the reserve fund's adequacy relative to the capital plan.
Recent sales
As a cooperative, The Geneva prices on a per-room basis rather than per square foot, and its resale market behaves accordingly. The building's heavy studio and one-bedroom mix and its accessible price point mean it trades within a per-room band that the building establishes over time; larger, renovated apartments with better light and higher floors sit at the top of that band, while units needing work or with weaker exposures sit below it. The monthly maintenance — also expressed per room — is part of what buyers underwrite, because a lower asking price paired with a higher per-room maintenance can net to a similar total cost of ownership.
The building's prevailing per-room range is best read against current recorded transfers and the building's own financials. We do not publish specific transaction prices, addresses, or names here. (Source: NYC DOF recorded transfers for apartment-level history.)
Two factors specific to the co-op form shape resale velocity. First, board approval introduces a screening step that condos do not have, which can lengthen the path from accepted offer to closing. Second, the building's financing cap and minimum down payment — which vary by building and are confirmed at offer stage — define the buyer pool. The no-dogs policy also narrows the buyer pool somewhat and is worth noting up front. All are normal features to manage with preparation.
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 |
|---|---|---|---|---|---|
| Jul 22, 2025 | 3M | 1 BR · 1 BA · 900 sf | $765,000 | $850/sf | -1.3% |
| May 14, 2025 | 7I | 1 BR · 1 BA · 900 sf | $710,000 | $789/sf | -3.4% |
| Jun 13, 2024 | 4N | 1 BA · 500 sf | $515,000 | $1,030/sf | -0.6% |
| Mar 26, 2024 | 3M | 1 BR · 1 BA · 900 sf | $771,981 | $858/sf | -0.4% |
| Mar 1, 2024 | 5L | 1 BR · 1 BA | $690,000 | -2.8% | |
| Sep 18, 2023 | 10D | 1 BR · 1 BA · 900 sf | $852,711 | $947/sf | +0.4% |
| Mar 27, 2023 | 2E | 1 BR · 1 BA | $735,000 | -3.9% | |
| Nov 22, 2022 | 3D | 1 BR · 1 BA · 725 sf | $635,000 | $876/sf | -2.3% |
Market read. Most recent trades (2025) cleared a median $871/sf across 2 sales. Median listing discount 0.6% 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 |
|---|---|---|
| Jan 16, 2026 | 2M | $665,000 |
| Oct 28, 2025 | 1K | $525,000 |
| Dec 28, 2023 | 2D | $635,000 |
| Aug 1, 2016 | 9I | $845,000 |
| Jan 26, 2016 | 5E | $725,209 |
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 1-01066-0037) 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
You are buying shares, and the board must approve you. A co-op purchase requires a board package and an in-person interview, and the board's approval is required to close. Build the package thoroughly and present it well; this is the single most consequential step in a co-op purchase.
Price the apartment on a per-room basis. Confirm the room count and the per-room maintenance, and underwrite the total monthly carry — maintenance plus any assessments — alongside the purchase price.
Financing and down-payment minimums vary. Co-op boards set their own financing caps and minimum down payments, and these define what offers are viable. Confirm the building's current financing cap and minimum down payment at offer stage.
Know the pet policy. The building permits cats but not dogs; if dog ownership matters to you, this is a threshold issue.
Subletting and pied-à-terre use are typically restricted. Both are generally subject to board discretion. If your plan involves anything other than primary-residence occupancy, confirm the building's current policy before you commit.
Run the diligence a postwar building requires. Review financials, the reserve study, any underlying mortgage, and the capital plan — façade/Local Law 11, elevators, roof, mechanicals, and the garage are the items that matter most.
What to know if you’re selling
Position the apartment on its room count, floor, and condition. The per-room frame is how the co-op market reads value here; a clean, well-presented apartment with a clear room count, good light, and a competitive per-room maintenance shows best.
Lead with full service and value. A 24-hour doorman co-op with an on-site garage near Columbus Circle, at accessible pricing, is the building's core story.
Prepare your buyer for the board. The most common reason a co-op sale stalls is a buyer who is not ready for the package and interview. Screening for board-readiness — financials, down payment, and use plans consistent with house rules — protects your timeline.
Plan for a longer closing. Co-op timelines include board review; price your own next move around that reality.
Comparable buildings
If you're considering The Geneva, also evaluate these nearby Midtown West / Hell's Kitchen buildings. Several are condominiums rather than co-ops; we note them as corridor comparables, and your decision between co-op and condo ownership is itself part of the analysis:
- 419 West 55th Street — nearby Hell's Kitchen building
- 357 West 55th Street — nearby Midtown West building
- 340 West 55th Street — nearby Midtown West building
- 462 West 58th Street — nearby Far West Side building
- 405 West 53rd Street — nearby Hell's Kitchen condominium
- 321 West 55th Street — nearby Midtown West building
For buyers specifically weighing co-op versus condo ownership, the comparison is less about the buildings themselves and more about governance, carrying-cost structure (per-room maintenance inclusive of taxes versus separate common charges and taxes), and use flexibility.
The Roebling Team at The Geneva
The Roebling Team at Compass works across Midtown West, Chelsea, and the broader Manhattan market, including the area's postwar cooperative stock. We publish this building profile because co-op buyers and sellers deserve building-specific intelligence — the architecture, the operational reality, the per-room pricing frame, and the board-driven mechanics of a co-op transaction — rather than generic market commentary.
If you're considering a purchase or sale at The Geneva, 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 — board-package strategy, per-room comparable analysis, financing structure, and the pacing that fits your timeline.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.
Get the full picture on this building.
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