One57 MIDTOWN, MANHATTAN
SUMMARY
Building Type: Condo
Building Stage: Resale
Report Date: September 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 prestigious 90-story condominium developed by Extell Development and Aabar Investments Completed in 2013, the building boasts amenities such as a concierge, doorman, elevator, roof deck, swimming pool, fitness center, parking, and allows pets Its architecture was designed by SLCE and Christian De Portzamparc, with interior design by Thomas Juul-Hansen The building offers a
AMENITIES
luxury residential experience with 133 units, including a terrace residence featuring a large private terrace of 393 square feet, city views of Midtown, and high-end finishes It’s situated above the Park Hyatt, providing access to 24/7 service and hotel-like amenities The area is a vibrant corridor of luxury residences, with ongoing condo and resale activity, indicative of high demand and consistent valuation
One57 BUILDING ANALYSIS
PRICING OVERVIEW (24-MONTHS)
$13.1M Avg
Based on available data, the average asking price at One57 is approximately 13.1M, with an average asking price per square foot of 4091 The last 24-month sold prices average around 17 82M, with a PPSF of 4210 This building primarily features large, high-value units, reflected in the substantial asking and sold prices The data
$4,210
indicates a valuation trend where sale prices tend to surpass asking prices, signifying strong market demand. The high PPSF figures highlight the luxury positioning of One57 within the Midtown market segment, though direct insight into unit mix specifics is limited
PPSF (24-MONTHS)
RECENT SALES IN THIS BUILDING
MIDTOWN NEIGHBORHOOD ANALYSIS CONTRACTS
Sales Contract Activity in Midtown / Q2 2025
In the current period, there have been 113 contracts closed across Midtown, totaling over 321 million dollars, with 28 new developments, 46 resale condos, and 34 resale coops. Compared to the prior period, where 132 contracts were recorded totaling 436 million dollars, activity has slightly decreased in most categories,
though volume remains significant The number of new development contracts has notably declined from 58 to 28, indicating a slowdown in new project closings. Resale condo and coop activity remains consistent with prior figures, reflecting steady interest in the neighborhood’s existing housing stock
MIDTOWN NEIGHBORHOOD ANALYSIS
Average Sold Price / SF in Midtown / Q2 2025
$2,890
$1,584
In the current period, median PSF for condos is around 1454, with average asking prices near 1 9M, trending slightly below last period’s high of 1783 for an average condo PPSF, and well below the last resale median PPSF of 1540 For new development units, the median PPSF is approximately 2471, slightly below the building's
current PPSF of 4091 Resale coops have a median PPSF of 830, and their average asking price shows a moderate decline from previous peaks. Overall, condo PPSF prices remain robust, aligning with the high-end nature of One57