Addison Hall (457 West 57th Street)
457 West 57th Street, New York, NY 10019
Hell's Kitchen
BBL 1010670008 · BIN 1026882
- 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
Every recorded sale at this building, 2000–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- Studio median
- $294K
- Recent range
- $240K – $585K
- Listing discount
- 3.2%
- Recorded transfers
- 255
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.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $69,870/yr
- Per unit / month range
- $0 – $25
Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
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.
See the full facade history →Management & transfer contacts
- Flip tax
- $5 per share (seller)
- Sublet policy
- Allowed after 1 year occupancy; only 2 of any 5-year period. Sublet fee yr1 30% / yr2-5 35% / yr6-9 45% / yr10+ 50% of monthly maintenance (billed monthly, eff 1/1/2026)
- Pied-à-terre
- Allowed (second home OK, not as rental). Pets: 1 dog or 2 cats. Revocable trust/LLC case-by-case
- Notable fees
- Co-op. Buyer app $700; credit $125; move-in/out $200 + $500 deposit; closing fee $850 seller/$1,100 mail; financing $400; alteration $250-$2,500
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Feb 25, 2026 | 1016 | 1 BA | $368,000 | -1.9% | |
| Jan 15, 2026 | 1512 | 1 BA | $353,000 | +1.1% | |
| Sep 26, 2025 | 911 | 1 BA | $330,000 | +0.3% | |
| Aug 29, 2025 | 1515 | 1 BA · 400 sf | $365,000 | $913/sf | -2.7% |
| Jul 20, 2025 | 608 | 1 BA | $270,000 | -3.6% | |
| Jun 12, 2025 | 611 | 1 BA | $300,000 | -3.2% | |
| Mar 13, 2025 | 202 | 1 BR · 1 BA | $585,000 | -2.5% | |
| Mar 19, 2024 | 809 | 2 BR · 3 BA | $580,000 | -3.2% |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $913/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 2.7% 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 |
|---|---|---|
| Aug 13, 2003 | 1510 | $199,000 |
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 1-01067-0008) 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:
- 408 West 57th Street — nearby West 57th Street cooperative
- 339 West 55th Street — nearby West Midtown cooperative
- 252 Seventh Avenue (Chelsea Mercantile) — large-format Chelsea condominium
- London Terrace Towers (410 W 23rd) — Farrar & Watmough 1930; large prewar Chelsea building
- 245 Seventh Avenue — nearby Chelsea full-service building
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.
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.
Considering a move at Addison Hall?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Addison Hall 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.