Cooperative · 1930
Addison Hall
457 West 57th Street, New York, NY 10019
Buildings·Chelsea·Cooperative

Addison Hall (457 West 57th Street)

457 West 57th Street, New York, NY 10019

CorridorChelsea
At a glance
Year built
1930
Type
Cooperative
Units
240
Floors
16
Landmark
No
Pets
Pets permitted under the cooperative's house rules
Subletting
Permitted with board approval; terms confirm at offer stage
The Data Room

Every recorded sale at this building, 2005–2025

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

Median $/sf
$731
Listing discount
2.5%
Recorded sales
25
On record
2005–2025

Addison Hall, at 457 West 57th Street, is a 1930 prewar cooperative of 240 residences designed by Joseph A. Moller, anchoring the far-western end of the 57th Street corridor near Tenth Avenue. It is a full-service prewar building of real scale — 16 stories, a live-in resident manager, full-time doorman — at a price point well below the trophy condominiums that define 57th Street to the east. That combination is the building's core appeal: prewar bones and full-service operation in West Midtown, with the cultural and transit infrastructure of Columbus Circle, Lincoln Center, and the Hudson River waterfront within easy reach.

The address has benefited from the broader transformation of the far-west blocks — the extension of the residential market toward the river, the maturation of the Hudson Yards and West Side development, and the steady demand for established prewar co-op value. Addison Hall offers the prewar layout virtues — defined rooms, real entry galleries, solid construction — that buyers seek when they want apartment for the money rather than amenity spectacle.

As a 240-unit cooperative, it is also a liquid building by co-op standards: a deep stack of similar lines produces a steady flow of comparable sales, which makes pricing more legible than at the small, idiosyncratic buildings elsewhere on the corridor.

Architecture and unit composition

Addison Hall is a prewar masonry apartment house in the 1930 idiom — solid construction, defined rooms, and the layout logic of the period. The residence mix runs from studios and one-bedrooms through larger family layouts, with the prewar virtues of separate rooms and usable entry space. Renovation quality varies across the building's nearly century of occupancy, so condition is a meaningful pricing variable line to line.

The building's 16-story scale and 240-unit count support a full-service operation and a broad, legible comparable set.

Building operations

Addison Hall operates as a full-service prewar cooperative: full-time doorman, live-in resident manager, elevators, a central laundry room, a bicycle room, and private storage. Maintenance reflects a prewar building of scale with a full staff. As with any cooperative, financing limits, sublet policy, pied-à-terre rules, and any flip tax are set by the board and can change; buyers should confirm the current financial framework in writing during the application process.

Recent sales

As a cooperative, Addison Hall prices on a price-per-room basis, with floor, light, exposure, layout, and renovation condition driving the number within each line. The building's depth — 240 residences across repeating lines — produces a steadier flow of comparable sales than the boutique buildings on the corridor, which makes pricing more legible. Recorded transfers establish the trend; the per-room read, set against the specific line and condition, is the right framing for both buyers and sellers. Recent closings have spanned a range consistent with full-service West Midtown prewar co-op value — for example, a studio line residence recorded a transfer in the high-five-hundreds in early 2025. Renovated residences in the better lines command the building's premiums.

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.

DateUnitApartmentPricePPSFvs. Ask
Mar 13, 2025202
1 BR · 1 BA
$585,000-2.5%
Mar 19, 2024809
2 BR · 3 BA
$580,000-3.2%
Jul 24, 2023806
1 BR · 1 BA · 800 sf
$585,000$731/sf-7.0%
Oct 17, 20221602
1 BR · 1 BA
$635,000-11.8%
Jan 13, 20221206
1 BR · 1 BA · 730 sf
$569,000$779/sf-1.9%
May 27, 20211706/07
2 BR · 2 BA · 1,100 sf
$968,000$880/sfoff-mkt
Apr 5, 2021702
1 BR · 1 BA · 700 sf
$569,000$813/sf-4.4%
Oct 28, 2019306
1 BR · 1 BA · 725 sf
$580,000$800/sf-3.2%

Market read. Most recent trades (2023) cleared a median $731/sf across 1 sale. Median listing discount 2.5% 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.

202 · 700 sf+16%
$506,000 ($723/sf) 2006$585,000 ($836/sf) 2025
1206 · 730 sf+6%
$539,000 ($738/sf) 2008$569,000 ($779/sf) 2022
802 · 1,000 sf+3%
$800,000 ($800/sf) 2006$825,000 ($825/sf) 2008
806 · 800 sf-2%
$600,000 ($750/sf) 2017$585,000 ($731/sf) 2023
306 · 750 sf-2%
$590,000 ($787/sf) 2007$580,000 ($773/sf) 2019

Other recent transfers

DateUnitPrice
Aug 25, 20221406$735,000
May 17, 2017402$649,000
Apr 25, 20161710/11$630,000
Mar 7, 2012401$736,629
Jun 14, 2005606$875,000
View all 25 recorded transfers, 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 1-01067-0008) 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

This is prewar value with full service. The appeal is apartment-for-the-money — prewar layout, full staff, established cooperative — at a West Midtown price point below the 57th Street trophy market.

Co-op rules govern flexibility. Financing limits, sublet policy, pied-à-terre rules, and any flip tax are board-set; confirm the current framework before you commit.

Condition drives the comp. With nearly a century of varied renovation, the quality of the specific residence weighs heavily on price.

Mansion tax thresholds can apply. Larger renovated residences can reach the $1M cliff and beyond. Run pricing through the Mansion Tax Calculator.

Board approval is part of the process. Build the cooperative application timeline into your plan; the board package and interview are required steps.

What to know if you’re selling

Price to the line and the condition. The deep, repeating stack means buyers and their agents have clear comparables; position against the right line.

Lead with prewar value and full service. The combination of prewar layout, full staff, and a West Midtown price point is the building's pitch.

Prepare the buyer for the board process. A well-qualified buyer and a clean board package protect the timeline.

Comparable buildings

If you're considering Addison Hall, also evaluate:

The Roebling Team at Addison Hall

The Roebling Team at Compass works the full Chelsea and West Midtown market, including its prewar cooperative inventory. We publish this profile because buyers and sellers of full-service prewar co-ops deserve building-level intelligence — architecture, operational reality, board mechanics, and per-room pricing context — rather than generic market commentary.

If you're considering a purchase or sale at Addison Hall, 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, including board-package strategy.

The neighborhood

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

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