One57 MIDTOWN, MANHATTAN
SUMMARY
Building Type: Condo
Building Stage: Resale
Report Date: December 3rd, 2025
$3.1M - $38.8M
Sales Started: 14 Years Ago (11/17/2011)
Closings Started: 12 Years Ago (12/19/2013)
Offering Type: New Construction Condominium
Developer: Extell Development, Aabar Investments
Architect: Slce, Christian De Portzamparc
Landscape Design: --
One57, located at 157 West 57th Street in Midtown, is a prominent 90-floor residential tower completed in 2013. Designed by SLCE and Christian De Portzamparc and developed by Extell Development alongside Aabar Investments, the building is distinguished by its architectural significance and luxury service offerings. Residents benefit from comprehensive amenities including concierge, doorman, elevator, roof deck, swimming pool, fitness center, parking, and a pet-friendly
AMENITIES
policy. Additionally, the building provides access to superior wellness and entertainment facilities such as yoga and fitness studios, screening and event rooms, steam rooms, and direct connections to the Park Hyatt New York Its location on Manhattan’s Billionaires' Row offers panoramic views of Central Park, the Hudson River, and Midtown skyline. The building combines sophisticated design with five-star services, reflecting its status as a high-end residential option in Midtown
One57 BUILDING ANALYSIS
One57 has an average asking price of $13M and an average sold price of $17M, reflecting premium pricing for its limited 133-unit mix. These prices represent the last 24 months of resale activity. The close correlation between average asking and sold prices indicates a robust demand for units within this building The pricing also suggests buyers are willing to pay a premium for the building's luxury features and location, making it a notable asset in the luxury Manhattan residential market.
MIDTOWN NEIGHBORHOOD ANALYSIS CONTRACTS
Sales Contract Activity in Midtown / Q3 2025
In the most recent quarter in Midtown, there were 99 contracts compared to 122 in the previous year-over-year quarter. New developments accounted for 17 contracts this quarter versus 50 last year, showing a decrease in new development activity Resale condos registered 44 contracts this quarter, up from 31
last year, indicating stronger resale condo demand Resale coops saw 34 contracts this period compared to 37 in the prior period, a slight decline. Overall, total contract volume and new development activity have decreased while resale condos have experienced increased transactions
MIDTOWN NEIGHBORHOOD ANALYSIS
Average Sold Price / SF in Midtown / Q3 2025
$2,674
$2,056
Midtown’s average price per square foot (PPSF) has increased when comparing the last completed quarter to the year-overyear quarter. For condos, average PPSF rose from $1,571 to $2,056, indicating a strong upward trend Coops experienced a decline in average PPSF from $1,261 to $895, signaling a
downward trend New developments saw their PPSF decrease from $3,019 to $2,674, also indicating a downtrend. Comparing this to One57’s average sold PPSF of $4,216, the building remains significantly above the neighborhood average condo PPSF, maintaining its position as a premium luxury offering