126 East 57th Street, Manhattan
Apartment building · 145 units · built 2024 · Block 1311, Lot 13.
Building permits
- New Building — Tower, filed Aug 20, 2021, 145 units, 28 stories, described as “Herewith filing 28 story new building.”
- Alteration, filed Feb 18, 2026, estimated cost $1K, described as “Use of mechanical lift during storefront installation as per plans. No change in egress, use, or occupancy.”
- Alteration, filed Jan 13, 2026, estimated cost $1K, described as “This application filed herewith for a temporary use permit for model apartments on the 7TH floor pursuant to section ac 28-111 and buildings bulletin 2010-002. No change in occupancy, use or egress under this application.”
- Alteration, filed Nov 6, 2025, estimated cost $5K, described as “Installation of temporary 2500 # capacity, material only, chain fall system as per drawings. Chain fall system shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Sep 5, 2025, estimated cost $1K, described as “Installation of temporary platform as per plans. No change in use, egress or occupancy shall comply with CHAPTER#33 of 2022 the ny building code.”
- Alteration, filed Aug 15, 2025, described as “Exterior Restoration Via Suspended Scaffolding”
- Alteration, filed Jul 18, 2025, estimated cost $1K, described as “Installation of temporary needle beam as per plans. No change in use, egress or occupancy shall comply with CHAPTER#33 of 2022 the ny building code.”
- Alteration, filed Jun 11, 2025, described as “Installation of suspended scaffold for facade work or inspection.”
- Alteration, filed Dec 4, 2024, described as “Installation of suspended scaffold for facade work or inspection”
- Alteration, filed Nov 20, 2024, estimated cost $5K, described as “Installation of a temporary scaffold system as per plans in conjunction with NB construction. No change in use, egress or occupancy. Scaffold to comply with 2022 NYC building code, chapter 33”
- Alteration, filed May 28, 2024, described as “Exterior Restoration Via Suspended Scaffolding”
- Alteration, filed Apr 11, 2024, estimated cost $1K, described as “Installation of electric 2 ton hoist pulley”
- Alteration, filed Mar 27, 2024, estimated cost $10K, described as “Installation and maintenance of temporary structures as per plan, in conjunction with new building job# M00556884-I1. No change in use, occupancy or egress. This temp office will be used only by construction personnel with OSHA Certificate.”
- Alteration, filed Nov 29, 2023, estimated cost $15K, described as “Use of temporary concrete placing boom construction equipment, as per plans filed herewith. This application is filed in conjunction with NB-M00556884.”
- Alteration, filed Nov 8, 2023, estimated cost $1K, described as “Installation and use of temporary exterior climbing platforms as per plan filed herewith, no change in use, egress or occupancy.”
- Alteration, filed Sep 11, 2023, estimated cost $10K, described as “Installation of dual personnel/material hoist in accordance with nycc 2022 chapter 33 building code. No change in egress, use, or occupancy.”
- Alteration, filed May 5, 2023, estimated cost $5K, described as “Use of temporary platform construction equipment, as per plans filed herewith. This application is filed in conjunction with NB-M00556884.”
- Alteration, filed Nov 10, 2022, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of the NYC building code. Live load 300PSF.”
- Alteration, filed Nov 10, 2022, estimated cost $1K, described as “Installation of temporary overhead protection as per plans. No change in use, egress or occupancy, roof protection shall comply with CHAPTER#33 of 2022 the ny building code.”
- Alteration, filed Nov 10, 2022, estimated cost $1K, described as “Installation of temporary construction fence as per plans. No change in use, occupancy or egress.”
- Alteration, filed Apr 27, 2022, estimated cost $5K, described as “Installation of construction fence as per drawings during NB const, filed sep. Construction fence shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Dot permits by others for fence…”
- Alteration, filed Mar 29, 2022, estimated cost $1K, described as “Installation of new sprinkler and standpipe systems in conjunction with new building M00556884”
- Alteration, filed Jan 19, 2022, estimated cost $1K, described as “Installation of temporary standpipe air pressurized alarm system filed in conjunction with new building application M00556884”
- Alteration, filed Nov 17, 2021, estimated cost $5K, described as “Removal of sprinkler system from floor 001-005, cellar, and sub-cellar.”
- Alteration, filed Nov 12, 2021, estimated cost $1K, described as “Install (1) 14'6'' curb cut(b) including (2) 1'6'' splays located on east 56TH street, in conjunction with new building application M00556884”
8 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $27,464,850
- 2026–27 tax
- $3,394,885
- Market value (city estimate)
- $61,033,000
- Taxable value
- $27,292,265
- Assessed land
- $7,471,350
- Assessed improvements
- $19,993,500
Zoning
C5-2.5 (part of the lot is C5-2): floor area ratio 14.72 built, above the 12.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jul 18, 2019: $76,896,104, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Malabar Residences Nears Completion At 126 East 57th Street in Midtown East, Manhattan, New York YIMBY, Apr 13, 2026.