Condominium · 2007
The Element
555 West 59th Street, New York, NY 10019

555 West 59th Street (The Element)

555 West 59th Street, New York, NY 10019

At a glance
Year built
2007
Type
Condominium
Units
186
Floors
33
Landmark
No
Amenities
24-hour doorman and concierge, parking garage, a 60-foot indoor lap pool with a children's pool and whirlpool, fitness and well-being center, yoga and Pilates studio, basketball court, squash court, saunas and steam and spa, residents' lounge with billiards, children's playroom, approximately 12,000 square feet of landscaped outdoor space, a rooftop terrace, and bike and cold storage
Pets
Pet-friendly
Flip tax
None documented — verify against the by-laws at offer stage
The Data Room

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
$1,422
Listing discount
0.5%
Recorded sales
378
On record
2006–2026

The Element is one of the earlier all-glass luxury condominiums to rise near Columbus Circle in the mid-2000s, and it remains one of the most heavily amenitized buildings of its size on the West Side's southern flank. Delivered in 2007–2008 at the seam between Lincoln Square and Riverside South, it offers a full blockfront of new-construction condominium product a short walk from Columbus Circle, the Time Warner (now Deutsche Bank) Center, Central Park's southwest corner, and the Hudson.

The building's thesis is amenity depth at a per-foot below the Central Park-front trophy market. For a 186-unit building to carry a 60-foot lap pool, a squash court, a basketball court, a full spa floor, and roughly 12,000 square feet of landscaped outdoor space is unusual — newer condominiums charge substantially more to approximate the package. Combined with condominium flexibility — pied-à-terre use, investor purchasers, live/work accommodation — The Element appeals to buyers who want resort-grade building services without the pricing of the Billionaires' Row corridor to the east.

Architecture and unit composition

SLCE's design is a clean glass curtain-wall tower approached through a landscaped circular driveway and porte-cochère — a gracious arrival sequence uncommon on a mid-block West Side site. The 186 residences run from one- through four-bedroom layouts, with garden townhomes at the base and duplex penthouses at the crown. Higher floors carry open city, river-direction, and partial park exposures. As with any 2000s luxury condominium, renovation quality and finish level vary line to line.

Building operations

The Element runs as a full-service, deeply amenitized condominium: 24-hour doorman and concierge, a parking garage, and a wellness stack that includes a 60-foot indoor lap pool with a children's pool and whirlpool, a fitness and well-being center, a yoga and Pilates studio, a basketball court, a squash court, saunas, steam, and spa, plus a residents' lounge with billiards, a children's playroom, roughly 12,000 square feet of landscaped outdoor space, and a rooftop terrace. Common charges reflect the amenity depth; the offering plan and current house rules are on file in The Roebling Research Library.

Recent sales

The Element trades in the middle-to-upper band of the Columbus Circle / Riverside South condominium market, with recent closings clustering in the mid-four-figures per square foot and penthouse inventory reaching well above the building average. The amenity depth supports pricing relative to less-amenitized peers of the same vintage, while the per-foot remains below the Central Park-front market a few blocks east. Apartment-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

Recent closings 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
Jul 1, 202625E
2 BR · 2 BA · 1,384 sf
$2,200,000$1,590/sf-2.2%
Jul 1, 202628D
2 BR · 2 BA · 1,384 sf
$2,250,000$1,626/sf-4.3%
Sep 19, 202512E
1 BR · 1.5 BA · 800 sf
$1,090,000$1,363/sf-12.8%
May 6, 2025PHA
3 BR · 3 BA · 2,441 sf
$4,500,000$1,844/sf-9.1%
Mar 27, 202521F
2 BR · 2 BA · 1,273 sf
$1,970,000$1,548/sf-4.8%
Mar 11, 202523A
1 BR · 1 BA · 789 sf
$1,200,000$1,521/sf-14.3%
Feb 24, 202519B
3 BR · 3 BA · 1,689 sf
$2,380,000$1,409/sfoff-mkt
Oct 22, 20245G
2 BR · 1 BA · 960 sf
$1,384,500$1,442/sf-1.0%

Market read. Most recent trades (2026) cleared a median $1,422/sf across 2 sales. Median listing discount 0.5% 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.

TH3C · 2,236 sf+68%
$2,341,975 ($1,047/sf) 2015$3,925,000 ($1,755/sf) 2021
23G · 1,889 sf+65%
$2,200,000 ($1,165/sf) 2009$3,635,000 ($1,924/sf) 2017
10G · 1,116 sf+56%
$1,221,900 ($1,095/sf) 2009$1,775,000 ($1,591/sf) 2015$1,910,000 ($1,711/sf) 2017
5D · 801 sf+55%
$865,513 ($1,081/sf) 2008$1,250,000 ($1,561/sf) 2018$1,345,000 ($1,679/sf) 2022
28C · 1,343 sf+55%
$1,705,569 ($1,270/sf) 2008$2,410,000 ($1,794/sf) 2014$2,645,000 ($1,969/sf) 2018

Other recent transfers

DateUnitPrice
Feb 18, 201432B$3,495,000
Jun 12, 20088B$2,123,051
May 27, 2006XX1$770,000
May 27, 2006XX2$1,227,000
May 27, 2006XX3$1,900,000
View all 378 recorded sales, 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 1-01151-7503) 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 from recorded condo declarations and offering plans.

What to know if you’re buying

Underwrite the amenity value honestly. A 60-foot pool, squash, basketball, and a full spa floor in a 186-unit building is a genuine differentiator. If you will use the package, the carrying costs buy more here than the monthly number suggests; if you will not, you are subsidizing neighbors who do.

Confirm the exposure line by line. The site sits between Lincoln Square and Riverside South; view quality and light vary substantially by floor and orientation.

Condo flexibility is real. Pied-à-terre, investment use, and live/work are accommodated under the declaration; subletting is permitted subject to the by-laws; closings run on a condominium timeline of roughly 30 to 45 days.

Model the full carry. Common charges plus property taxes plus utilities and insurance — the amenity depth makes the monthly number real; run it completely.

What to know if you’re selling

The amenity stack is the marketing story. Lead with the pool, spa, and sport-court program — it is deeper than most peers of the vintage and widens the buyer pool.

Position against Columbus Circle and Riverside South. Your comparable set is the surrounding 2000s luxury condominiums, not the Central Park-front trophy market.

High floors and outdoor space carry the premium. View, floor, and private terrace or garden drive the per-foot spread.

Closing timelines are condo-fast. 30 to 45 days from contract to closing.

Comparable buildings

The Roebling Team at The Element

The Roebling Team at Compass specializes in Central Park West, the Upper East Side, and the broader Park-facing Manhattan market — including the Columbus Circle and Riverside South corridors. We publish this building profile because condominium buyers and sellers deserve building-specific intelligence — architecture, operational reality, transactional mechanics, and pricing at the apartment level — not generic market commentary.

If you're considering a purchase or sale at 555 West 59th 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 — comparable analysis at the apartment level, due diligence priorities, and the pacing strategy that fits your timeline.

The neighborhood

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

Considering a move at The Element?

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