7 West 57th Street Condominium
7 West 57th Street, Manhattan, NY 10019
Overview
- Units
- 15 residential · 1 commercial
- Subway
- 3 min walk to 57 St M5 Av/59 St N R W, 4 min
- Developers
- Solow Realty & Development Company, LLC, The Soloviev Group
- Principals
- Stefan Soloviev
- Average $/sf
- $2,920Homes in Schedule A, as first offered
- Offering price
- $75.1 million total
- Floor plans
- Page 46 of the plan
The sponsor of record is 7 West 57th Street Realty Company, LLC**, represented by Kramer Levin Naftalis & Frankel, LLP. The offering plan runs 459 pages. The sponsor has filed 2 amendments, the latest in September 2023. The nearest other condo plan on file is Aman New York Residences, next door.
Plan CD180323 · New · accepted Feb 13, 2022 · AG record ↗
Compare
| Figure | This building1 | Wales221 units · 1.8 miaccepted 2021 | Gramercy 1860311 units · 1.9 miaccepted 2021 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $2.92Highest | $1.93 | $0.57 |
| Average Offering PricePer Apartment | $4.93MIn line | $6.5M | $3.47M |
| Average PricePer Square Foot | $2,920In line | $2,941 | $2,248 |
| Average Unit SizeSquare Feet | 1,689 SFIn line | 2,212 SF | 1,546 SF |
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Unit mix, closings, budgets, finishes and the team, against Wales and Gramercy 1860, cited to the offering plans. No credit card required.
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- Comps: the closest Manhattan plans on size, $/SF and launch date, within 2 miles when possible.
- Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
- Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
- Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.
Units & Prices
Budget
From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size
Team
- Sponsor
- 7 West 57th Street Realty Company, LLC**
- Developers
- Solow Realty & Development Company, LLC, The Soloviev Group
- Principals
- Stefan Soloviev
- Tax estimate
- Marcus & Pollack LLPPrepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Aman New York Residencesnext door · 26 units · 2017
- One Central Park South Tower Aol Time Warner *next door · 133 units · 2001
- Plaza Condominiumnext door · 181 units · 2005
- Plaza Hotel - Condominiumsnext door · 181 units · 2006
- Centurion Condominiumnext door · 48 units · 2007
- 22 Central Park South Condominiumnext door · 7 units · 2013