Let's Talk

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. These properties are priced at $5 million and above, with 43 listings available, 6 in contract, and 41 successfully sold.

Luxury properties on 57th Street command an average price per square foot (PPSF), at  $5,367 with a median PPSF of $5,144. The average luxury property price is $23.83 million, while the median price stands at $19.00 million.

Luxury properties tend to spend approximately 67 days on the market before being sold. Buyers have negotiated an average discount of 11.4% off the asking price, offering potential investment opportunities.

​For Sale

43 listings

In Contract

6 listings

Sold

41 listings

Average PPSF $5,367 ▲* $3,505▼ $4,524▲
Median PPSF $5,144 ▲ $2,527▼ $4,535 =
Average Price $23.83M ▼ $17.89M ▲ $18.93M ▼
Median Price $19.00M ▲ $8.49M ▼ $16.15M ▼
Days on market 181 ▲ 149▲ 67▼
Avg. Discount off Ask 11.4% ▼

*Compared to July 2025

57th Street Condos (all price points)

Explore the diverse selection of condos available on 57th Street, catering to various price points. Currently, there are 120 listings for sale, with 2 in contract and 130 successfully sold.

The PPSF for condos on 57th Street stands at $2,929 with a median PPSF of $1,907. The average condo price is $9.46 million, while the median price is $2.72 million.

With an average of 99 days on the market, condos on 57th Street sell relatively quickly. Moreover, buyers have negotiated an average discount of 8.1% off the asking price, presenting potential savings.

​For Sale

120 listings

In Contract

25 listings

Sold

127 listings

Average PPSF $2,929 ▼* $2,120▼ $2,419 ▲
Median PPSF $1,907 ▼ $1,754 ▼ $1,635▲
Average Price $9.46M ▲ $5.59M ▲ $7.01M ▲
Median Price $2.72M ▼ $2.40M ▲ $1.81M ▼
Days on market 149 ▲ 111▲ 99▼
Avg. Discount off Ask 8.1% ▼

*Compared to July 2025

57th Street Co-ops (all price points)

Embrace the charm and affordability of 57th Street’s co-ops, providing an attractive option for budget-conscious buyers. Currently, there are 69 co-op listings available, with 59 in contract and 131 successfully sold.

Co-ops on 57th Street have a more moderate average price of $1.72 million, with a median price of $1.10 million. These figures make co-ops an enticing choice for buyers seeking affordability without compromising on location and character.

Co-ops spend an average of 93 days on the market, indicating a swift sales process. Additionally, buyers have negotiated an average discount of 4.7% off the asking price, presenting potential savings.

​For Sale

69 listings

In Contract

59 listings

Sold

131 listings

Average Price $1.72M ▲* $1.30M ▲ $960k  ▲
Median Price $1.10M ▼ $1.07M▲ $675k ▼
Days on market 110▲ 98 ▼ 93▼
Avg. Discount off Ask 4.7% ▲

*Compared to July 2025

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

August 2025 August 2024 % Change
Average PPSF $5,367 $5,125 +2.37%
Median PPSF $5,144 $4,910 +4.35%
Average Price $23.83M $21.69M +9.89%
Median Price $19.00M $14.90M +27.52%
Days on market 181 128 +41.41%
Inventory 43 63 –31.75%

Work With Us

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