Let's Talk

By Howard Morrel & Leslie Hirsch

57th Street Report

The following market report provides an overview of the real estate listings around 57th Street / Billionaires’ Row. The report includes information on properties for sale, properties in contract, and properties sold within the last 12 months.

 

57th Street Luxury Market ($5M and above)

For those seeking unparalleled luxury, 57th Street’s luxury market offers an exclusive collection of properties priced at $5 million and above, with 50 listings currently available, 9 in contract, and 32 sold.

Luxury properties currently listed for sale command an average price per square foot (PPSF) of $5,364, with a median PPSF of $5,174. The average asking price is $25.74 million, while the median price stands at $16.20 million.

Sold luxury properties spent approximately 154 days on the market. Buyers negotiated an average discount of 10.6% off the asking price, potentially creating attractive opportunities in the luxury market.

​For Sale

50 listings

In Contract

9 listings

Sold

32 listings

Average PPSF $5,364 ▲* $5,479 ▲ $5,346 ▲
Median PPSF $5,174 ▲ $6,516 ▲ $4,495 ▼
Average Price $25.74 M ▲ $31.46M ▲ $19.47M ▲
Median Price $16.20M ▲ $25.75M ▲ $18.25M ▼
Days on market 185 ▲ 169 ▼ 154 ▲
Avg. Discount off Ask 10.6% ▼

*Compared to June 2026

57th Street Condos (all price points)

Explore the diverse selection of condos available on 57th Street, catering to a wide range of price points. Currently, there are 136 listings for sale, 47 in contract, and 133 sold.

Condos currently listed for sale on 57th Street command an average price per square foot (PPSF) of $3,150, with a median PPSF of $2,127. The average asking price is $10.76 million, while the median price stands at $3.10 million.

Sold condos spent approximately 88 days on the market. Buyers negotiated an average discount of 7.1% off the asking price, presenting potential savings in the condo market.

​For Sale

136 listings

In Contract

47 listings

Sold

133 listings

Average PPSF $3,150 ▲* $2,344 ▲ $2,428 ▼
Median PPSF $2,127 ▲ $1,695 ▲ $1,555 ▼
Average Price $10.76M ▲ $7.77M ▲ $5.94M ▼
Median Price $3.10M ▲ $2.45M — $1.85M ▼
Days on market 95▲ 82▲ 88 ▲
Avg. Discount off Ask 7.1% ▲

*Compared to June 2026

57th Street Co-ops (all price points)

Embrace the charm and relative affordability of 57th Street’s co-ops, providing an attractive alternative for buyers seeking value in a prime Manhattan location. Currently, there are 88 co-op listings for sale, 67 in contract, and 109 sold.

Co-ops currently listed for sale on 57th Street have an average asking price of $1.14 million, with a median price of $695,000. These figures make co-ops an appealing option for buyers seeking a more accessible entry point without compromising on location and character.

Sold co-ops spent approximately 89 days on the market. Buyers negotiated an average discount of 4.9% off the asking price, presenting potential savings in the co-op market.

​For Sale

88 listings

In Contract

67 listings

Sold

109 listings

Average Price $1.14M ▲* $1.11M ▲ $1.01M ▲
Median Price $695K ▼ $950K ▲ $850K ▲
Days on market 102 ▲ 99 — 89 ▼
Avg. Discount off Ask 4.9% ▲

*Compared to June 2026

57th Street Luxury Market ($5M and above)

July 2026 July 2025 % Change
Average PPSF $5,364 $5,227 +2.62%
Median PPSF $5,174 $5,009 +3.29%
Average Price $25.74M $27.70M –7.08%
Median Price $16.20M $17.70M –8.47%
Days on market 185 169 +9.47%
Inventory 50 48 +4.17%

Work With Us

Morrel Hirsch & Advisors is a tightly knit team of strategically handpicked, multilingual experts, collectively dedicated to the needs of their clients.