The 65-story tower at 252 East 57th Street has raked in more money from condo sales than any other new development in Midtown so far in 2018, with closings totaling $104 million. So far this year, there have been 19 sales recorded in the condo. The average sales price for the sales so far in 2018 is $5,461, and the average price/ft2 is $2,397.
Skidmore, Owings & Merrill designed the 65-story tower, which was developed by World Wide Group and Rose Associates. The building has a total of 95 condominium units on its upper floors, and its many amenities include a full-service garage, business center, children’s playroom, and a fitness center.
Skidmore, Owings & Merrill designed the 65-story tower, which was developed by World Wide Group and Rose Associates. The building has a total of 95 condominium units on its upper floors, and its many amenities include a full-service garage, business center, children’s playroom, and a fitness center.
In this article:
Photo of 252 East 57th Street by Albert Vecerka of Esto
The second biggest-selling Midtown new development so far this year is The Bryant, at 16 West 40th Street. Sales in the building so far in 2018 have totaled $48 million, with an average price of $3 million and an average price/ft2 of $2,528. The 57-unit condo overlooking Bryant Park was developed by HFZ Capital Group and designed by David Chipperfield Architects.
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The third biggest-selling Midtown new development so far this year is The Vantage, at 308 East 38th Street. Sales in the building so far in 2018 have totaled $42 million, with an average price of $1.1 million and an average price/ft2 of 1,283. The Murray Hill building was a rental constructed in 2001 that was converted to condos by Gaia Real Estate.
Check out the stats on the top five new development buildings in Midtown so far in 2018 below.
Check out the stats on the top five new development buildings in Midtown so far in 2018 below.
| Building | Sales Aggregate | Number of Sales | Average PPSF | Average Sales Price |
| 252 East 57th Street | $103,760,673 | 19 | $2,397 | $5,461,088 |
| The Bryant, 16 West 40th Street | $48,004,934 | 16 | $2,528 | $3,000,308 |
| The Vantage, 308 East 38th Street | $41,717,834 | 38 | $1,283 | $1,097,838 |
| The Sutton, 959 First Avenue | $30,102,690 | 9 | $1,818 | $3,344,743 |
| NINE52, 416 West 52nd Street | $25,780,018 | 16 | $1,603 | $1,611,251 |
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?
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