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A blog from CityRealty (Links below will take you to the 6sqft site)

The Osborne, 205 West 57th Street, #11BC

$490,000 -10.9% | 1 bed, 1 bath

Key Details

  • Listed Feb 20, 2020
    Last Price Change -10.9% ($60,000) on Aug 14
    Building Type Cooperative
    Neighborhood Midtown West
  • Monthly Maintenance $1,397
    Minimum Down Payment 50%
    Doorman FT Doorman

Description

Seize this opportunity to own this charming one bedroom, one bath in the legendary landmarked Osborne, one of the great pre-wars on West 57th Street, AKA “Billionaire's Row.” There is a spacious bedroom with bay window, large walk-in-closet, original floors from the turn-of-the-century and an open kitchenette. The updated bathroom is clean and bright. An additional amenity available for separate purchase is the adjacent, huge storage closet that can be combined or used as a separate storage unit or home office.

Want more space? Adjacent is a two bedroom, two bath park-facing classic, also available for sale. See listing for 11BDE. The Osborne, like the Dakota, is one of the finest examples of turn of the century architecture in Manhattan.

With an unparalleled location across from Carnegie Hall, around the corner from Central Park at the crossroads of everything happening in town, the Osborne is a rare surviving example of the 1880's gilded-age famous for its elaborate entrance and richly appointed lobby. Built for the prominent citizens of the day, and home to countless luminaries over the years, the Osborne retains its elegant and important history. Pet and pied-a-terre friendly.

Flip tax 3%. *Please note that at the current price, the seller is offering a closing credit of $28,404 which is the equivalent, at the current maintenance, of a $789 monthly credit against the maintenance for a three year period. Actual current monthly maintenance is $2,185.65. This residence is being sold “as is".

Viewings by private appointment only.

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Pricing History

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Estimated Monthly Cost

About The Osborne, 205 West 57th Street

86

The Osborne, 205 West 57th Street has received a CityRealty Rating of 86, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

26
Out of 44
+
29
Out of 36
+
21
Out of 39
+
10
=
86
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Poorly Done 0 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Exposed 0 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Individual Designation 2 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
A lot 0 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
Some 0 out of 1 points

Features Rating: Points Breakdown

Lobby:
Stunning 5 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
Some 1 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points
  • Co-op
  • Built in 1885
  • 111 Apartments
  • 12 Floors

Building Amenities

  • FT Doorman
  • Pre War
  • Resident Storage
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator

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Pros
  • Spectacular and magnificent lobby
  • Close to Subway
  • High ceilings
  • Very unusual layouts
  • Diagonally across Seventh Avenue from Carnegie Hall
  • Doorman
  • New York Historical Landmark building
Cons
  • Drastic alterations have removed handsome porte-cochere - moat and balustrades
  • Confusing interiors with split level floors
  • Traffic
  • Tourists
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Subways

  1. Q
  2. N
  3. R
at 7th Ave 0.09 miles
  1. 1
  2. B
  3. D
  4. A
  5. C
at Central Park West and 60th 0.18 miles
  1. F
at 6th Ave 0.20 miles
  1. E
at Broadway and 53rd 0.22 miles
  1. M
at 5th Ave and 53rd 0.48 miles
About this Building

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Listing provided courtesy of Sotheby's International Realty, Inc.
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