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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. These properties are priced at $5 million and above, with 56 listings available, 6 in contract, and 43 successfully sold.

Luxury properties on 57th Street command an average price per square foot (PPSF), at  $5,142 with a median PPSF of $4,518 The average luxury property price is $24.24 million, while the median price stands at $14.25 million.

Luxury properties tend to spend approximately 142 days on the market before being sold. Buyers have negotiated an average discount of 9.4% off the asking price, offering potential investment opportunities.

​For Sale

56 listings

In Contract

6 listings

Sold

43 listings

Average PPSF  $5,142▲* $5,645▼ $5,121▲
Median PPSF $4,518 ▲ $6,521▼ $4,451 ▼
Average Price $24.24M ▲ $31.33M ▼ $19.85▼
Median Price $14.25M ▲ $29.25M ▼ $18.19M ▼
Days on market 153▼ 340▲ 142▲
Avg. Discount off Ask 9.4% ▼

*Compared to April 2026

57th Street Condos (all price points)

Explore the diverse selection of condos available on 57th Street, catering to various price points. Currently, there are 154 listings for sale, with 34 in contract and 140 successfully sold.

The PPSF for condos on 57th Street stands at $3,030 with a median PPSF of $2,087. The average condo price is $9.97 million, while the median price is $2.78 million.

With an average of 86 days on the market, condos on 57th Street sell relatively quickly. Moreover, buyers have negotiated an average discount of 7.1% off the asking price, presenting potential savings.

​For Sale

154 listings

In Contract

34 listings

Sold

140 listings

Average PPSF $3,030▲* $2,303▲ $2,633▲
Median PPSF $2,087▲ $1,504▼ $1,695▼
Average Price $9.97M ▲ $7.32M ▼ $7.22M ▲
Median Price $2.78M ▼ $2.47M▲ $2.17M ▲
Days on market 86▼ 60▼ 86▼
Avg. Discount off Ask 7.1% =

*Compared to April 2026

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 106 co-op listings available, with 66 in contract and 134 successfully sold.

Co-ops on 57th Street have a more moderate average price of $835K, with a median price of $842 K. These figures make co-ops an enticing choice for buyers seeking affordability without compromising on location and character.

Co-ops spend an average of 97 days on the market, indicating a swift sales process. Additionally, buyers have negotiated an average discount of 5.1% off the asking price, presenting potential savings.

​For Sale

106 listings

In Contract

66 listings

Sold

134 listings

Average Price $835K ▼* $890K▼ $759k ▼
Median Price $842K▲ $929K▼ $757K▼
Days on market 76▲ 102▼ 97▼
Avg. Discount off Ask 5.1% ▲

*Compared to April 2026

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

May 2026 May 2025 % Change
Average PPSF $5,142 $5,175 -0.64%
Median PPSF  $4.518 $5,009 -9.80%
Average Price $24.24M  $22.76M +6.50%
Median Price $14.25M  $18.00M -20.83%
Days on market 153 188 -18.62%
Inventory 56 55 +1.82%

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