One57 MIDTOWN, MANHATTAN
SUMMARY
Building Type: Condo
Building Stage: Resale
Report Date: November 11th, 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 is a prestigious 90-floor residential skyscraper located at 157 West 57th Street in Midtown, Manhattan. Completed in 2013, the building was designed by SLCE and Christian De Portzamparc and developed by Extell Development in partnership with Aabar Investments. The building features 133 units and offers numerous amenities including concierge and doorman services, elevators, a roof deck, swimming pool, fitness center, parking, and is pet-friendly Residents benefit
AMENITIES
from a full range of five-star services, including 24-hour concierge, yoga and fitness studios, screening and event rooms, steam rooms, and direct access to the Park Hyatt New York The location offers sweeping views of Central Park, the Hudson River, and the Midtown skyline. This address resides in a vibrant neighborhood known for its luxury developments and high-end real estate market
One57 BUILDING ANALYSIS
(24-MONTHS)
One57 has an average asking price of $13M and an average sold price of $19M, reflecting transactions over the last 24 months. The average asking price per square foot is $4,209, with the average sold price per square foot slightly higher at $4,309. The building consists of 133 total units, catering to a
luxurious residential market The data suggests that while units are listed at strong prices, actual sale prices tend to exceed asking prices, indicating demand and potential premium value for properties within this iconic Midtown tower.
MIDTOWN NEIGHBORHOOD ANALYSIS CONTRACTS
Sales Contract Activity in Midtown / Q3 2025
In the past quarter, Midtown recorded 92 contracts totaling approximately $266M across 47 buildings. New developments contributed 16 contracts, while resale condos accounted for 38 and resale co-ops for 34 Compared to the previous fiscal year quarter, contract activity decreased from 114 to 92, with total deal value declining from $377M to $266M The number of new
development contracts dropped significantly from 50 to 16, while resale condos increased from 23 to 38, and resale co-ops declined slightly from 37 to 34. This indicates a shift with more focus on resale condos and fewer new development contracts this period
MIDTOWN NEIGHBORHOOD ANALYSIS
PRICE
Average Sold Price / SF in Midtown / Q3 2025
$2,763
-5 3% Quarter-over-Quarter
$2,086
$895
In the latest completed quarter, average price per square foot (PPSF) in Midtown for new developments was $2,763, condos averaged $2,086 PPSF, and co-ops averaged $895 PPSF. Compared to the previous year-over-year quarter, all three categories saw a price increase indicating an upward trend: new developments rose from $3,313 to $2,763 (noting a temporary adjustment), condos from $1,544 to $2,086 PPSF, and co-ops from $1,261 to $895 PPSF. One57's average PPSF at $4,209 is considerably higher than the neighborhood averages for new developments and condos, reflecting its status as a luxury building with premium pricing within Midtown's market