One57 (157 West 57th Street)
157 West 57th Street, New York, NY 10019
BBL 1010107506 · BIN 1088565
- Year built
- 2010
- Type
- Condominium
- Condominium residences
- 92
- Floors
- 75
- Pets
- Permitted under condominium rules
- Subletting
- Permitted under the condominium declaration
- Pied-à-terre
- Generally allowed in condominiums; not confirmed for this building
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Doorman
- Full-time doorman
Every recorded sale at this building, 2013–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $3,217
- floor-adjusted, 2 sales
- Listing discount
- 12.1%
- Recorded sales
- 190
- On record
- 2013–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at One57 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.
One57 is the building that started Billionaires' Row. When Gary Barnett's Extell Development Company broke ground at 157 West 57th Street in 2010, the project was understood within the New York development community as a substantial gamble: that the Midtown stretch of 57th Street between Fifth and Seventh Avenues could command global trophy capital at supertall altitudes, in a tower with the architectural and amenity ambitions of a freestanding luxury hotel. The building opened in 2014 to validation. Michael Dell, the founder of Dell, bought the building's top-floor duplex penthouse, a transaction that helped define the modern Manhattan ultra-luxury market.
What followed at One57 was the rest of Billionaires' Row. 432 Park Avenue topped out in 2014–2015. 220 Central Park South opened in 2018. Central Park Tower (217 West 57th) and 111 West 57th (the Steinway Tower) followed. Each subsequent tower responded architecturally or financially to One57's premise: that Manhattan would accept supertall residential altitudes, that global trophy capital would compete for the apartments, and that the corridor between Columbus Circle and Fifth Avenue could become the city's most expensive residential geography.
One57's architectural identity is distinct from its successors. Where 432 Park reduces to a square-tube grid and 220 CPS executes Stern's pre-war-styled limestone classicism at high-rise scale, One57's Christian de Portzamparc design is sculpted, curtainwall-clad in blue glass, and explicitly modernist. The building reads as a piece of contemporary architecture, not a translation of pre-war language. Buyers respond differently to that posture — some find One57 the most architecturally substantial of the modern supertalls; others find the blue-glass aesthetic dated relative to Stern's stone or Viñoly's concrete.
The mixed-use program is also a structural differentiator. One57 contains a 210-room Park Hyatt hotel on its lower floors with shared access to certain hotel services. Residents benefit from concierge services and dining at the hotel; the building's daily-life experience includes both residential and hospitality activity. Buyers who want strict residential privacy may prefer the pure-condo programs at 432 Park or 220 CPS.
Architecture and unit composition
The 92 condominium residences occupy floors above the Park Hyatt hotel base. Apartments range from approximately 1,500 sf 1BRs at the lower residential floors to multi-floor penthouses exceeding 13,500 sf at the top. The top-floor duplex penthouse, bought by Michael Dell, spans approximately 10,923 sf across the top floors.
Christian de Portzamparc's design produces apartments with substantial floor-to-ceiling glass exposure — a deliberate contrast to the smaller windowed pre-war and Stern-classical peers in the corridor. View altitude is exceptional from the upper floors; mid-tower units have meaningful Park, Hudson, East River, and downtown sight lines.
Interior finishes were specified by Thomas Juul-Hansen — kitchens by Smallbone of Devizes, primary bathrooms with travertine and onyx, custom millwork throughout. The finish package was at the high end of 2014-era new-construction Manhattan supertalls.
Central Park sits to the north. Views vary by floor and exposure, and no view is protected without a recorded instrument, even with the corridor's development envelope substantially built out as of 2026.
Building operations
One57 operates as a luxury condominium with full-time doorman, 24-hour concierge, on-site parking, and the broad amenity package noted above. Common charges and property taxes are substantial; carrying costs on substantial apartments reach the $15K–$25K/month range before utilities.
The building has had operational issues across its first decade in occupancy, though materially less severe than those documented at 432 Park. The 2012 construction-period crane collapse during Hurricane Sandy was a high-profile event; post-occupancy, residents have reported various mechanical and water-intrusion issues. There has not been the scale of defect litigation that has emerged at 432 Park, but buyers should review current building engineering reports, board minutes, and any reserve study during due diligence to establish current condition.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $2,599 per room a monthMedian of 12 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $4.06 per square foot a monthMedian of 12 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges alone, per square foot
- $1.54 per square foot a monthMedian of 10 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
- Real estate taxes alone, per square foot
- $2.39 per square foot a monthMedian of 10 listings since October 2023 that give the annual taxSource: listing records, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. The split into common charges and taxes comes from the listings that also give the annual tax, a different sample, so the two lines need not add up exactly to the combined median; a tax abatement can hold taxes below the full amount until it expires. A summary of recorded sales and listings, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: The Roebling Team's building profile
- Concierge
- YesSource: recent listing records
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, pool, residents' lounge, media room, garageSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $1,061,334/yr
- 2030–2034 annual penalty
- $1,831,313/yr
- Per unit / month range
- $670 – $1,156
- Modeled exposure split equally across 132 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
421-a Tax Abatement
- Last year of benefit
- FY2023
- Fully taxed from
- FY2024 (2023–24)
- Program
- 421-a (10-year)
The 421-a benefit has run its term, so taxes on these units have stepped up toward the full assessed amount. Get the current tax bill for the specific apartment and compare its tax component with any older listing: an earlier carrying-cost figure may reflect the benefit, or different common charges and assessments. Treat a comparable sale made while the abatement was still running as priced under different taxes.
Source: NYC Dept. of Finance property-tax exemption records (421-a), refreshed 2026-09-06 · The Roebling Research Library. Confirm the exact step-up schedule on the building’s DOF tax bill. Years shown are NYC tax years, which start July 1 — FY2024 runs July 1, 2023 to June 30, 2024. The benefit last appears on the 2023 assessment roll, which is what dates the end of the term.
The 421-a Expiration Wave — our study of when these benefits expire citywide, and what the resale record shows about pricing as they do.
Recent sales
Assess One57’s 2023–2026 closings through matched purchase and resale records, accounting for renovation, financing, carrying and transaction costs; the period alone does not establish recovery of basis or net gains for sponsor purchasers or later buyers. The profile cites Robert Herjavec’s 2024 full-floor sale following his 2021 purchase and a reported bidding process. Verify the deeds and price history before measuring that result; it does not establish building-wide investment performance.
Compare A-, B- and C-line sales on matched floor, measured area, exposure, condition and date. Distinguish asking-price reductions from closed consideration and documented marketing periods; the available descriptions do not establish a persistent C-line discount or a uniform premium for renovated high-floor apartments.
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Aug 20, 2026 | 36B | 2 BR · 2.5 BA · 2,145 sf | $5,416,461 | $2,525/sf | — |
| Mar 5, 2026 | 65A | 4 BR · 4 BA · 4,483 sf | $26,000,000 | $5,800/sf | -11.9% |
| Dec 5, 2025 | 40F | 2 BR · 2.5 BA · 2,438 sf | $7,000,000 | $2,871/sf | -6.7% |
| Aug 14, 2025 | 51C | 4 BR · 4.5 BA · 3,466 sf | $14,950,000 | $4,313/sf | -16.9% |
| Jul 31, 2025 | 36C | 2 BR · 2.5 BA · 1,985 sf | $5,288,068 | $2,664/sf | -5.6% |
| Jul 28, 2025 | 66B | 3 BR · 3 BA · 4,193 sf | $24,000,000 | $5,724/sf | -7.7% |
| Jun 4, 2025 | 42C | 1 BR · 1.5 BA · 1,037 sf | $3,100,000 | $2,989/sf | -13.8% |
| Apr 10, 2025 | 51A | 3 BR · 3.5 BA · 3,228 sf | $13,310,000 | $4,123/sf | -15.1% |
Market read. Most recent trades (2026 to date) cleared a median $3,217/sf (floor-adjusted) across 2 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 12.1% 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.
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 1-01010-7506; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. 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.
Closed rents at One57, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 11 | $12,000 |
| 2 bedroom | 7 | $26,000 |
| 3 bedroom | 4 | $50,000 |
22 closed leases, October 2023 to September 2026. Most recent lease April 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at One57 and nearby.
At the recent median sale of $7M (9 sales in the past 24 months, since November 12, 2024), a buyer putting 25% down would pay about $330,813 to close, or 4.7% of the price.
- Mansion tax: $157,500
- Mortgage recording tax: $101,063
- Title insurance: $31,500
- Attorneys, lender, building fees, reserves and filings: $40,750
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
Understand the mixed-use program. One57's condominium portion sits above an active 210-room Park Hyatt hotel. Buyers who want strict residential-only buildings may prefer 432 Park or 220 CPS. Buyers who value access to hotel-grade concierge, dining, and service infrastructure find One57's program a feature.
Due diligence on building operational issues applies. The supertall category's risk profile is real, and a comparison with 432 Park's defect history does not establish One57's current condition. The Roebling Report's coverage of construction risk in supertalls and recent conversions is in The Cracks in a $90M Penthouse. Review current engineering reports, board minutes, reserve studies, and any active litigation.
Condo flexibility is real. Foreign buyers welcome; pied-à-terre and investment use permitted under the declaration; subletting allowed.
Mansion tax cliff effects are major. Multiple cliff thresholds ($5M, $10M, $15M, $20M, $25M) can apply. Run pricing through the Mansion Tax Calculator.
The architectural posture is a personal call. Some buyers respond to the de Portzamparc blue-glass curtainwall and modernist sculpting; others prefer Stern's pre-war-style limestone at 220 CPS or Viñoly's concrete grid at 432 Park. View the building in person at multiple times of day.
Carrying cost is material. Model the full monthly carry (common charges + property taxes + utilities + insurance) carefully.
What to know if you’re selling
Marketing requires global reach. The buyer pool is international; access to Asian, Middle Eastern, European broker networks is material to selling at the building's price points.
The mixed-use program is part of the marketing story. Buyers should understand the Park Hyatt relationship and how it affects daily life; sellers should be prepared to address it.
Pricing requires apartment-level context. Comparable sales at One57 are meaningful but heterogeneous — view altitude, floor count, exposure, and configuration all drive pricing variation.
Comparable buildings
If you're considering One57, also evaluate:
- 432 Park Avenue — Viñoly 2015; supertall pure condominium; documented defect litigation
- 220 Central Park South — Stern 2018; classical limestone tower on CPS; architecturally heavier
- 111 West 57th (Steinway Tower) — JDS 2021; slimmest skyscraper; very small unit count
- Central Park Tower (217 W 57th) — Extell 2020; tallest residential building in the world
- 53 West 53rd (MoMA Tower) — Jean Nouvel 2019; supertall over MoMA
- 15 Central Park West — Stern's pre-war-styled condo on CPW; compare actual altitude, architecture and current taxes, charges and assessments
More Billionaires' Row buildings
- 53 West 53rd Street (MoMA Tower) — 2019 condominium by Jean Nouvel
- 111 West 57th Street (Steinway Tower) — 2021 condominium by SHoP Architects
- Parc Beaufort (140 West 57th Street) — condominium
- Central Park Tower (217 West 57th Street) — 2020 condominium by Adrian Smith + Gordon Gill Architecture
- 220 Central Park South — 2018 condominium by Robert A.M. Stern Architects
- 432 Park Avenue — 2011 condominium by Rafael Viñoly
The neighborhood
For the full corridor — architecture, transit, and pricing across Billionaires' Row — read The Roebling Team Guide to Billionaires' Row.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at One57?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com