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Luxury Residential Income Property with Terrace
For Sale
$40,000,000

111 W 57th Street PH82, New York City, NY 10019

Two-bedroom penthouse residence with private outdoor space, custom finishes, expansive city views, and full-service condominium amenities.

Property Size5,586 SF
Price / SF$7,160
Days on Market118

Property Features for 111 W 57th Street PH82

General Information

Standard status Active
Size 5,586 SF
Elevators Yes
Property subtype Apartment

Units

Unit Mix 1 x 2BR/2.5BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $236,844

Amenities

private elevator
private outdoor terrace
private porte cochere entrance
fitness center
82-foot two-lane swimming pool
private cabanas
sauna
treatment rooms
private Padel court
golf simulator
children's playroom
Club 111
Sports Club
complimentary breakfast
concierge services
wellness and lifestyle concierge

Building Details

Building Size 5,586 SF
Year Built 2022
Listing Agency: Modlin Group LLC
Listed By: Adam D Modlin
Source: Carytamura
Added: May 11 Changed: Sep 2 Last Checked: Sep 5 at 5:46AM

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 82 is a two-bedroom, two-and-a-half-bath residential income property within the 111 West 57th Street condominium. The home contains 5,586 square feet of interior space and a 309-square-foot private terrace. A private elevator opens to a great room with 14-foot ceilings and floor-to-ceiling windows, while the residence also includes a south-facing kitchen with Gaggenau appliances, custom cabinetry, Crystallo White Quartzite surfaces, a breakfast room, and an observatory. The upper level features a primary suite with dressing room, wet bar, coffee station, and windowed bath, along with a second bedroom and en-suite bathroom. Custom smoke-gray oak flooring, nine-foot doors, bronze hardware, and zoned year-round HVAC are installed throughout.

The condominium is located at 111 W 57th Street in New York City, with a private porte cochere entrance on 58th Street. Building amenities include an 82-foot, two-lane swimming pool with cabanas, sauna and treatment rooms, a private Padel court, golf simulator, children's playroom, Club 111, Sports Club, resident breakfast service, and wellness and lifestyle concierge services. Lincoln Center, Carnegie Hall, Fifth Avenue, the Museum of Modern Art, and Broadway theaters are identified as nearby cultural, shopping, dining, and entertainment destinations.

Key Highlights

  • 5,586 square feet of interior space with a 309‑square‑foot private terrace
  • Two‑bedroom, two‑and‑a‑half‑bath penthouse residence completed in 2022
  • Great room features 14‑foot ceilings and 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 - Two-bedroom penthouse residence with private outdoor space, custom finishes, expansive city views, and full-service condominium amenities.
Where is this residential income property located?
The property is located at 111 W 57th Street PH82 New York City, NY.
What is the asking price?
The asking price for this property is $40,000,000.
What are key features of this property?
This property features: 5,586 square feet of interior space with a 309‑square‑foot private terrace; Two‑bedroom, two‑and‑a‑half‑bath penthouse residence completed in 2022; Great room features 14‑foot ceilings and floor‑to‑ceiling windows
More about this property
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