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 54 listings currently available, 9 in contract, and 28 sold.

Luxury properties currently listed for sale command an average price per square foot (PPSF) of $5,235, with a median PPSF of $5,145. The average asking price is $22.29 million, while the median price stands at $16.20 million.

Sold luxury properties spent approximately 193 days on the market. Buyers negotiated an average discount of 13.6% off the asking price, reflecting increased negotiating room compared with September.

​For Sale

54 listings

In Contract

9 listings

Sold

28 listings

Average PPSF $5,235 ▼* $4,951 ▼ $5,760 ▲
Median PPSF $5,145 ▼ $4,512 ▼ $5,077 ▲
Average Price $22.29M ▼ $22.44M ▼ $21.12M ▼
Median Price $16.20M ▼ $13.50M = $18.50M ▼
Days on market 142 ▼ 42 ▼ 193 ▲
Avg. Discount off Ask 13.6% ▲

*Compared to September 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 159 listings for sale, 36 in contract, and 140 sold.

Condos currently listed for sale on 57th Street command an average price per square foot (PPSF) of $2,957, with a median PPSF of $2,104. The average asking price is $8.45 million, while the median price stands at $2.69 million.

Sold condos spent approximately 100 days on the market. Buyers negotiated an average discount of 7.3% off the asking price, unchanged from September.

​For Sale

159 listings

In Contract

36 listings

Sold

140 listings

Average PPSF $2,957 ▼* $2,593 ▲ $2,429 ▼
Median PPSF $2,104 ▼ $1,737 ▲ $1,553 ▼
Average Price $8.45M ▼ $9.90M ▲ $6.12M ▼
Median Price $2.69M ▼ $3.15M ▲ $2.13M =
Days on market 118▲ 45 ▼ 100 ▼
Avg. Discount off Ask 7.3% =

*Compared to September 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 87 co-op listings for sale, 56 in contract, and 121 sold.

Co-ops currently listed for sale on 57th Street have an average asking price of $1.07 million, with a median price of $725,000. These figures continue to position co-ops as a more accessible entry point into one of Manhattan’s most desirable neighborhoods.

Sold co-ops spent approximately 102 days on the market. Buyers negotiated an average discount of 5.5% off the asking price, slightly below September’s 5.8%.

​For Sale

87 listings

In Contract

56 listings

Sold

121 listings

Average Price $1.07M ▼* $961K ▼ $951K ▼
Median Price $725K = $850K ▲ $850K ▼
Days on market 120 ▲ 84 ▼  102 ▲
Avg. Discount off Ask 5.5% ▼

*Compared to September 2026

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

October 2026 October 2025 % Change
Average PPSF $5,235 $5,110 +2.45%
Median PPSF $5,145 $4,682 +9.89%
Average Price $22.29M $22.04M +1.13%
Median Price $16.20M $15.90M +1.89%
Days on market 142 199 −28.64%
Inventory 54 55 −1.82%

Work With Us

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