NOT LISTED FOR SALE

One57 Tower 157 W 57th St Unit 88 New York, NY 10019

Midtown Neighborhood

Estimated Value: $3,040,000 - $31,216,490

5 Beds
5 Baths
6,231 Sq Ft
$10,552/mo HOA Fee

Last Sold November 21, 2023

Last sale price $31,500,000 $5,055 Per Sq Ft

Current estimated payment $107,628/month

420 Days on Market

Highlights

  • City View
  • 1-minute walk to 57 Street (N,Q,R Line)
  • Eat-In Kitchen
  • P.S. 111 Adolph S. Ochs Rated A-
  • Den
  • Entrance Foyer

About This Home

As of November 2023

Ultra-Luxurious Billionaires’ Row Sky Palace at One57

Welcome to this full floor Billionaires’ Row home, located on the 88th floor, at the prestigious One57 luxury tower, a sprawling Thomas Juul-Hansen 5-bedroom, 5-bathroom sky mansion where residents enjoy unobstructed 360-degree views of Central Park, the East and Hudson Rivers, and the Upper and Lower Manhattan skylines.

This one-of-a-kind condo is in perfect condition and spans 6,231 sq. ft. with designer finishes throughout. Stunning white oak floors glow in steady streams of natural light. Floor-to-ceiling windows possess motorized curtains and quadruple exposure. Central heating and cooling offers precision temperature control in every room.

A private elevator landing ushers residents into a grand foyer with storage and a windowed full bathroom. From there, the home flows into a palatial 57-ft great room with custom tray ceilings, elegant chandeliers, and prime views of the entirety of Central Park. Through sleek pocket doors is an open-concept family room and kitchen adorned with custom built-ins, an eat-in island, sleek black stone countertops, a high-capacity Sub-Zero wine cooler, and integrated high-end Miele appliances.

A central gallery has access to the home’s five bedrooms. With its own private wing, the primary suite is a true sanctuary. It has a 22-ft long walk-in closet, a massive bedroom with a sitting area and park views, and decadent windowed couples’ bathrooms wrapped in marble and furnished with enclosed toilets, walk-in showers, and a Jack-and-Jill walk-in wet room with dual showerheads and a marble-carved soaking tub.

The second and third bedrooms have large reach-in closets and full en-suite bathrooms, while the remaining two bedrooms share access to a windowed full bathroom with a large linen closet and walk-in shower. A laundry room with a utility sink and a side-by-side washer/dryer completes the home.

One57 is an exclusive luxury condominium offering Park Hyatt service and world class amenities in the heart of Midtown Manhattan. Residents enjoy valet parking, a private fitness center, dining and entertaining rooms, a screening and performance room, a pet spa, a library and billiards room, package delivery, dry cleaning, and access to Park Hyatt amenities like a state-of-the-art health club, pool, and spa, a business center, and attentive housekeeping service. The building is around the corner from Central Park and across the street from Carnegie Hall. Dozens of high-end dining and shopping options are moments away. Pets are welcome.

For website please visit: https://www.157west57-88.com

Last Agent to Sell the Property

Talia McKinney

Serhant License #10401263176 Listed on: 06/27/2022

Serhant

Co-Listed By

Ryan Serhant

Serhant License #10301209394

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $185,160

Year Built

  • Built in 2013

Lot Details

  • 0.55

HOA Fees

  • $10,552 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 6,231 Sq Ft Home
  • Entrance Foyer
  • Den
  • Storage
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7506 / 01010

Community Details

Overview

  • 92 Units
  • One57 Condos
  • Midtown Central Subdivision
  • 90-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$185,160

Year Built

Built in 2013

Lot Details

0

HOA Fees

$10,552 per month

Listing Details

  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown Central
  • Directions: West
  • Entry Level: 88
  • Structure Type: None
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 90

Interior Features

  • Interior Features: Den, Entrance Foyer, Eat-in Kitchen, Elevator, Kitchen Window, Storage
  • Appliances: Dishwasher
  • Fireplace: No
  • Living Area: 6231.0
  • Living Area Units: Square Feet
  • Rooms (Total): 8
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 5

Exterior Features

  • View: City, Park/Greenbelt, Water
  • View: Yes
  • Other Structures: Garage(s)

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common On Floor, Common Area, In Unit
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 10552.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 23808.0
  • Lot Size Dimensions: 159.0 x 100.0

Building Info

  • New Construction: No
  • Building Name: One57
  • Units: 92
  • Spa: No
  • Total Stories: 90
  • Year Built: 2013

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01010
  • Tax Lot: 7506
  • Tax Annual: 185160.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Nov 21, 2023
Sold by
Ofs Property Llc
Bought by
157W5 Llc
Seller's Agent
Talia McKinney
Serhant
List Price
$45,000,000
Sold Price
$31,500,000
Premium/Discount to List
-$13,500,000
-30%
Total Days on Market
420
Views
393
Current Estimated Value
$13,791,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,708,170
Avg. Annual Appreciation
-41.31%

Purchase Details

Closed on
May 29, 2020
Sold by
Pac Air Llc
Bought by
Ofs Property Llc

Purchase Details

Closed on
Sep 10, 2015
Sold by
Pac Wholly Own Llc
Bought by
Pac Air Llc

Purchase Details

Closed on
Mar 18, 2015
Sold by
Extell West 57Th Street Llc
Bought by
Pac Wholly Own Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,225,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
157W5 Llc $31,500,000 --
Ofs Property Llc $28,000,000 --
Pac Air Llc -- --
Pac Wholly Own Llc $47,367,491 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pac Wholly Own Llc $30,225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2023 11/21/23 Sold $31,500,000 -7.4% $5,055 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
06/26/2023 06/26/23 Price Changed $34,000,000 -8.1% $5,457 / Sq Ft
05/15/2023 05/15/23 Price Changed $37,000,000 -5.1% $5,938 / Sq Ft
11/30/2022 11/30/22 Price Changed $39,000,000 -13.3% $6,259 / Sq Ft
06/28/2022 06/28/22 For Sale $45,000,000 -- $7,222 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $239,414 $1,915,009 $97,384 $1,817,625
2023 $237,460 $1,935,761 $97,384 $1,838,377
2022 $186,102 $2,001,600 $97,384 $1,904,216
2021 $181,469 $2,001,166 $97,384 $1,903,782
2020 $141,809 $2,000,169 $97,384 $1,902,785
2019 $143,900 $1,972,139 $97,384 $1,874,755
2018 $101,510 $1,972,899 $97,384 $1,875,515
2017 $98,326 $1,966,967 $97,384 $1,869,583
2016 $53,157 $2,071,135 $97,384 $1,973,751
2015 -- $1,734,162 $97,384 $1,636,778
2014 -- $1,660,005 $97,384 $1,562,621
Source: Public Records

Agents Affiliated with this Home

  • Talia McKinney

    Seller's Agent in 2023

    Talia McKinney

    Serhant

    (717) 314-2170

    2 in this area

    40 Total Sales

    Talia McKinney
    Section Image
  • Ryan Serhant

    Seller Co-Listing Agent in 2023

    Ryan Serhant

    Serhant

    (646) 480-7665

    4 in this area

    152 Total Sales

    Ryan Serhant
    Section Image
See All Agents

About One57 Tower

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10918871

Real Estate Board of New York (REBNY)

APN: 1010-1697

New York New York County New York 10019 Midtown

157 W 57th St Unit 88, New York, NY

This home is located at 157 W 57th St Unit 88, New York, NY 10019 since 27 June 2022 and is currently estimated at $13,791,830, approximately $2,213 per square foot. This property was built in 2013. 157 W 57th St Unit 88 is a home located in New York County with nearby schools including P.S. 111 Adolph S. Ochs, Clinton School, and Middle School 297.

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