# 126 East 57th Street, Manhattan Apartment building · 145 units · built 2024 · Block 1311, Lot 13. On Umarelli: https://umarelli.org/nyc/1013110013/126-east-57-st More construction in Midtown: https://umarelli.org/nyc/manhattan/midtown.md ## 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: https://umarelli.org/nyc/1013110013/126-east-57-st. ## 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. ## 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. ## Flood zone Current FEMA flood map: zone X, minimal flood hazard. ## In the news [Malabar Residences Nears Completion At 126 East 57th Street in Midtown East, Manhattan](https://newyorkyimby.com/2026/04/malabar-residences-nears-completion-at-126-east-57th-street-in-midtown-east-manhattan.html), New York YIMBY, Apr 13, 2026. From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology