- Year built
- 1969
- Type
- Condominium
- Units
- 167
- Floors
- 31
- Landmark
- No
- Pets
- Permitted under condominium rules
- Subletting
- Permitted under the condominium declaration (with board approval)
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2003–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,165
- Listing discount
- 5.4%
- Recorded sales
- 173
- On record
- 2003–2026
Tower 58 is a full-service condominium one block south of Central Park, on the eastern edge of the corridor now branded Billionaires' Row — but at a price point far removed from the supertalls that define that stretch. Built in 1969 by Loew's Theaters to a design by Samuel Paul, and converted to condominium ownership in 1984, the building occupies a through-block site between West 57th and West 58th Streets, between Fifth and Sixth Avenues, steps from the Plaza, Bergdorf Goodman, and 9 West 57th.
Its appeal is location and flexibility: a doorman condominium with an on-site garage, a roof deck with Central Park views, and condominium transactional mechanics, in one of Midtown's most prestigious micro-locations, at a fraction of the cost of the new-construction towers around it. The building's distinctive concave-curved balconies and its through-block plazas — a product of 1960s zoning that let the developer build taller in exchange for public open space — give it a recognizable identity and strong upper-floor light and views.
Architecture and unit composition
Tower 58 is an approximately 31-story late-1960s modern tower with a beige-brick façade and its signature concave-curved balconies. The through-block site is bookended by plazas on both 57th and 58th Streets, with a circular landscaped driveway on the 58th Street side — massing moves that reflect the plaza-bonus zoning of the era and give the upper floors strong Central Park outlooks. The double-height lobby has been renovated.
The building has two vertical zones — a lower zone with six units per floor and an upper zone with five — and nine-foot ceilings. The unit mix runs from studios and one-bedrooms through two- and three-bedrooms. Higher floors, open exposures, and the curved balconies command a premium within the building.
Building operations
Tower 58 operates as a full-service condominium with a 24-hour doorman and concierge, a live-in superintendent, an on-site parking garage, a roof deck, and a courtyard garden. As a condominium, purchases proceed through a right-of-first-refusal waiver rather than a co-op board interview, though subletting is subject to board approval.
Buyers should confirm the current common charges, the financing and down-payment terms, any flip tax or transfer fee, and the sublet policy during due diligence, and review the offering plan, recent financial statements, and reserve study.
Recent sales
Recent trading at Tower 58 has run from studios through three-bedrooms, with price-per-square-foot in the range typical of a full-service, well-located Midtown conversion condominium of its vintage — well below the Billionaires' Row supertalls a short walk away, and supported by the block-from-the-park location, the garage, and the roof deck. Higher-floor units with open exposures and balconies command a clear premium, while lower-floor apartments trade at a discount to the building's median. Negotiation is often meaningful, with closings frequently landing below the initial ask.
Because the building spans a wide unit range and two vertical zones, comparables should be matched carefully for zone, floor, exposure, balcony, and renovation condition.
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| May 19, 2026 | 10D | 5 BR · 1 BA | $595,000 | -8.5% | |
| Apr 10, 2026 | 15F | 1 BR · 1 BA · 518 sf | $665,000 | $1,284/sf | off-mkt |
| Jan 6, 2026 | 3C | 2 BR · 2.5 BA · 1,436 sf | $1,350,000 | $940/sf | -19.4% |
| Nov 4, 2025 | 20C | 3 BR · 2.5 BA · 1,435 sf | $1,850,000 | $1,289/sf | -7.0% |
| Oct 31, 2025 | 9D | 1 BR · 1 BA · 462 sf | $560,000 | $1,212/sf | -13.8% |
| Oct 2, 2025 | 11A | 2 BR · 2 BA · 925 sf | $1,435,000 | $1,551/sf | -4.3% |
| Jun 24, 2025 | 8B | 1 BR · 1 BA · 754 sf | $850,000 | $1,127/sf | -10.4% |
| Jun 17, 2025 | 33A | 2 BR · 1.5 BA · 925 sf | $1,577,777 | $1,706/sf | off-mkt |
Market read. Most recent trades (2026) cleared a median $1,165/sf across 2 sales. Median listing discount 5.4% 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 |
|---|---|---|
| Jun 27, 2015 | 12E | $2,200,000 |
| Apr 19, 2011 | 12D | $599,000 |
| Nov 4, 2004 | 26B | $535,000 |
| Mar 17, 2003 | 21E | $1,200,000 |
| 25E | $1,950,000 |
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 1-01273-7501) 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
You are buying a Central Park micro-location at a conversion-condo price. The address sits amid Billionaires' Row, but the pricing is a fraction of the new-construction towers around it. That contrast is the building's core value.
View altitude and balconies drive the premium. Upper-floor units with open exposures and the signature curved balconies are the most valuable inventory. View the specific apartment in person.
Condo flexibility applies — with a sublet approval step. Right of first refusal rather than a co-op board interview, and pied-à-terre use permitted, but subletting requires board approval. Confirm the current terms and any flip tax at offer stage.
Model the full carry. Common charges plus property taxes plus utilities. Run pricing through the Buyer Closing Cost Calculator.
What to know if you’re selling
Lead with the location and the park views. One block from Central Park, amid Billionaires' Row, with a roof deck and upper-floor park outlooks — that is the marketing story.
High-floor and balcony units market on views and outdoor space. Document exposures and the curved balconies.
Renovation condition drives price. In a 1969 conversion, a current, turn-key renovation commands the top of the comparable band.
Closing timelines are condo-fast. 30–45 days from contract to closing is typical.
Comparable buildings
If you're considering Tower 58, also evaluate:
- 100 West 58th Street — a nearby full-service Midtown building
- 150 West 56th Street — a full-service Midtown condominium peer
- One57 — the Billionaires' Row supertall on the same corridor, for contrast on the trophy tier
The Roebling Team at Tower 58
The Roebling Team at Compass specializes in Central Park West, the Upper East Side, and the broader Park-facing Manhattan market — including the Central Park South corridor and its conversion-condominium tier. We publish this building profile because buyers and sellers deserve building-specific intelligence — conversion structure, transactional mechanics, and pricing at the apartment level — not generic market commentary.
If you're considering a purchase or sale at Tower 58, a 30-minute consultation is the right starting point.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Central Park South — read The Roebling Team Guide to Central Park South.
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