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Residential Income Property with Terrace
For Sale
$42,500,000

111 W 57th Street PH80, New York City, NY 10019

Three-bedroom penthouse residence with private outdoor space, panoramic city views, and extensive full-service condominium amenities.

Property Size5,894 SF
Price / SF$7,210
Days on Market106

Property Features for 111 W 57th Street PH80

General Information

Standard status Active
Size 5,894 SF
Elevators Yes
Property subtype Apartment

Units

Unit Mix 1 x 3BR/3.5BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $247,836

Amenities

swimming pool
fitness center
padel court
golf simulator
children's playroom
sauna
treatment rooms
concierge services

Building Details

Building Size 5,894 SF
Year Built 2022
Listing Agency: Modlin Group LLC
Listed By: Adam D Modlin
Source: Lenasimpson
Added: May 11 Changed: Aug 23 Last Checked: Aug 24 at 3:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Modlin Group LLC

Investment Insights

Based on property information with market context.

Penthouse 80 is a three-bedroom, three-and-a-half-bath residential income property completed in 2022, offering 5,894 square feet of interior space and a 309-square-foot private terrace. The residence includes a 14-foot-ceiling great room, library, south-facing kitchen with Gaggenau appliances, breakfast room, observatory, primary suite, two additional bedrooms, and an interior elevator. Materials include White Macauba stone, White Onyx, Crystallo quartzite, custom oak flooring, bronze hardware, and floor-to-ceiling windows. Zoned HVAC provides year-round climate control.

The property is located at 111 W 57th Street in New York City, with views toward Central Park, the Manhattan skyline, the Statue of Liberty, and One World Trade Center. The building provides a private porte cochere entrance on 58th Street, concierge service, an 82-foot two-lane swimming pool, private cabanas, sauna and treatment rooms, a Padel court, golf simulator, children's playroom, Club 111, Sports Club, complimentary resident breakfast, and wellness and lifestyle concierge services.

Key Highlights

  • 5,894 SF interior with a 309‑square‑foot private terrace
  • Three bedrooms and three‑and‑a‑half baths, completed in 2022
  • 14‑foot‑ceiling great room with floor‑to‑ceiling windows

Property Analytics

Current Use

Sarah Vu Dental Office Margolin & Pierce LLP Law Firm Grantbeyond Law Firm Adamo H Lee ... Dental Office National Academy of TV ... University

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Butcher Pet Grooming Service Adult Day Care Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

51,761
Businesses Nearby

Demographics for 10019, NY

49,029
Population
33,279
Households
1.5
Avg Household Size
38
Median Age
78%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
70,041
Density / Sq Mi
$121,835
Median Household Income
$108,231
Median Earnings
$2,619
Median Rent
$1,066,100
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Three-bedroom penthouse residence with private outdoor space, panoramic city views, and extensive full-service condominium amenities.
Where is this residential income property located?
The property is located at 111 W 57th Street PH80 New York City, NY.
What is the asking price?
The asking price for this property is $42,500,000.
What are key features of this property?
This property features: 5,894 SF interior with a 309‑square‑foot private terrace; Three bedrooms and three‑and‑a‑half baths, completed in 2022; 14‑foot‑ceiling great room with floor‑to‑ceiling windows
More about this property
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