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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10019
  6. 205 West 57th Street #3DB
Property thumbnail
1 / 25
Stock Cooperative•Midtown

205 West 57th Street #3DB, New York City, NY 10019

Listing Courtesy of Compass

$1,595,000

Potential Rebate: $23,925

Stock Cooperative
1 Bed
2 Baths
5 Rooms
1,500 sqft
Built 1885
11 Stories
1,063/ft²
Listed on Jan 27, 2025
334 days on market
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Overview

Welcome to this exquisite loft-like prewar duplex nestled in the heart of Billionaires' Row - at the renowned Osborne, located 205 West 57th Street, corner of 7th Ave. Revel in the grandeur of 12' high ceilings adorned with a crystal chandelier and crown moldings in the great room with oversized bay windows that flood the space with southern light. Spanning approximately 1,500 square feet, this elegant residence boasts an original marble staircase that leads to the oversized primary bedroom, open kitchen that flows seamlessly into a dining alcove, complemented by a separate windowed den, or a second bedroom.

The Osborne, built in 1885 and expanded in 1906, was the brainchild of the stone contractor Thomas Osborne and is a New York City landmark and has housed greats like Leonard Bernstein and Bobby Short. It was designed by James Ware with wealthy New Yorkers in mind and serves as a kind of Dakota across the street from Carnegie Hall.

The lobby serves as a testament to late-19th-century extravagance. The floors are a mix of small mosaic tiles and slabs of varicolored Italian marble. Complementary marble was used for the wainscoting and carved marble recesses with benches. Dancing nudes and intricately decorated archways take the eye to a ceiling done in rich hues of red, blue and gold leaf. Stepping inside one is instantly thrust back a hundred years in time the convenience of a full-time doorman, elevator, laundry facilities, gym, bike room and a common roof deck with Central Park views.

Up to 50% financing allowed, 3% flip tax paid by the buyer, $185/month for electricity billed with the maintenance, pets are welcome with board approval.

Images are virtually staged.

Home Features

  • •Building Washer Dryer Install Allowed
  • •Common On Floor
  • •Common Area
  • •Built-in Features
  • •Chandelier
  • •Crown Molding
  • •High Ceilings
  • •Hardwood

Estimated Monthly Payment

$12,109 per month

30 year fixed, 6.28% Interest

Principal and Interest
$7,881
Property Taxes
$0
Maintenance/Common Charges
$4,228

Estimated Rebate for this Home

One-time rebate at closing

$23,925

Monthly savings impact

$66/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

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Listings

RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Compass

Data Source: TRESTLE #RLS11030973

REBNY Logo

Price Analysis

Compare average listing prices and value metrics for 205 West 57th Street against the surrounding Midtown market.

Based on 4 active units in building vs 131 in area

Average List Price

Building$3.4M
Neighborhood$5.2M

Price Per SqFt

Building Avg$546/ft²
Neighborhood Avg$1,947/ft²
Value Opportunity

71.94% Lower

than the Midtown price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Midtown

The Center of the World

\n

Midtown is the commercial heart of NYC. Skyscrapers, tourists, and business.

\n

Real Estate & Housing Market

\n

Luxury condos in the sky (Billionaire's Row) and corporate housing. Not a traditional "neighborhood."

\n

Lifestyle & Community

\n

Dominanted by office workers and tourists. Convenient but lacks a local feel.

\n

Transportation & Accessibility

\n

Every train goes through Midtown. Grand Central is here.

\n

Parks, Schools & Amenities

\n

Bryant Park and Central Park (south border) are key.

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Who This Neighborhood Is Best For

\n

Best for pied-à-terre buyers and busy executives.

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