---
title: "111 West 57th Street #PH80, New York City, NY 10019"
description: "111 West 57th Street #PH80, New York City, NY 10019 — Midtown, New York City, NY. Listing Price $42,500,000. 3 bed, 4 bath Illustrative Buyer Commission Share of $637,500 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/111-west-57th-street-ph80-PH80-ny-10019"
source: "Real Estate Rebate Team"
status: "Active"
---

# 111 West 57th Street #PH80, New York City, NY 10019

Midtown, New York City, NY

**Sponsor Residence**

Courtesy of Modlin Group LLC

## At a Glance

- **Listing Price**: $42,500,000
- **Beds**: 3
- **Total Baths**: 4
- **Common Charges**: $18,892 / mo
- **Monthly Taxes**: $20,653 / mo
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $42,500,000
- **Illustrative Buyer Commission Share**: -$637,500*
- **Illustrative Net Cost**: $41,862,500

*Illustrative Buyer Savings of $637,500 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![111 West 57th Street #PH80, New York City, NY 10019 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3eb20296-4317-4953-ac23-43568fd767f1.jpg)
![111 West 57th Street #PH80, New York City, NY 10019 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/263a972e-dcf3-430f-bfed-3422b1d7e781.png)
![111 West 57th Street #PH80, New York City, NY 10019 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/01b69433-c4c7-444f-973e-96e5d6bff4b6.jpg)
![111 West 57th Street #PH80, New York City, NY 10019 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8dd11d97-5ce8-4fe8-800c-0c8bf36d048b.png)
![111 West 57th Street #PH80, New York City, NY 10019 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9df3c39e-1acf-457f-a6d9-cd60a6324dce.jpg)
![111 West 57th Street #PH80, New York City, NY 10019 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/71515b0c-d25d-4af4-a1a9-e04709324520.jpg)
![111 West 57th Street #PH80, New York City, NY 10019 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/71ba3758-6243-4938-8edc-83a5c6b04e7b.jpg)
![111 West 57th Street #PH80, New York City, NY 10019 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d713632c-84fa-4c55-925a-a84c21ac4842.jpg)
![111 West 57th Street #PH80, New York City, NY 10019 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f4622036-9d3f-43dc-a702-736ead46604d.jpg)
![111 West 57th Street #PH80, New York City, NY 10019 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5e8b1c35-402e-4e44-b85b-23461ad0de72.jpg)

## Property Overview

Designed by the world-renowned Studio Sofield and SHoP Architects, celebrated globally for impeccable quality of craftsmanship, Penthouse 80 at 111 West 57th Street is not merely a residence—it is a work of art suspended above one of the world's most iconic cities. This extraordinary three-bedroom, three-and-a-half-bath masterpiece on Billionaire’s Row offers 5,894 square feet of interior space, 309 square feet of private outdoor terrace, and some of the most spectacular views New York City has to offer.

The moment you step from your private elevator into a gallery finished entirely in luminous White Macauba stone you are aware that this is a truly unprecedented home. Setting a tone of uncompromising luxury and sophistication, the grand entrance immediately opens dramatically onto the Great Room, where soaring 14-foot ceilings and floor-to-ceiling windows frame breathtaking vistas of Central Park. To the south a panorama of the city's most iconic landmarks — from the Statue of Liberty to the commanding One World Trade Center – stretches out before you. A handsome library sits adjacent to the Great Room, perfect for a home office or media room.

The corner, south-facing Kitchen is a chef’s dream, where function meets form. A suite of Gaggenau appliances, custom cabinetry and Crystallo White Quartzite countertops and backsplash provide both practicality and elegance. A generous breakfast room invites leisurely mornings over coffee with breathtaking Manhattan skyline views.   Completing the main floor, a south-facing observatory offers the perfect retreat for entertainment and relaxation. Rounding out the first floor of this exquisite home are a powder room with vanity, floors, and wainscoting crafted from Jewel Onyx stone and an interior elevator that provides seamless access throughout your home.

A private sanctuary on the top floor, the primary bedroom suite captures endless northern views over Central Park and a large dressing hall. The windowed ensuite is a temple of tranquility, boasting hand-selected veined White Onyx, a custom freestanding polished nickel bathtub by William Holland, and hand-cast fixtures by P.E. Guerin, the only foundry still operating in New York City. Two more bedrooms are generously proportioned with striking views and an en-suite bathroom finished in distinctive crystallo gold quartzite with custom Studio Sofield designed fixtures.

The design details throughout the home reveal themselves in countless ways including custom smoke-gray oak floors, nine-foot custom doors fitted with bronze hardware, floor-to-ceiling windows and a zoned, year-round HVAC system. The private outdoor terrace extends your living space into the open air, offering 309 square feet of sky-high sanctuary where you can entertain guests or simply enjoy the views.

111 West 57th Street is the premier condominium where boutique sophistication and a protected level of privacy and highly personalized service are held at the highest level. The building's private porte cochère entrance on 58th Street ensures the utmost in security and discretion, while exclusive concierge services attend to your every need.  The fitness center boasts an 82-foot, two-lane swimming pool area including private cabanas and a separate sauna and treatment rooms as well as Manhattan's first private Padel court, a state-of-the-art golf simulator and a dedicated children's playroom. Other amenities and services include Club 111 and the Sports Club, complimentary breakfast for all residents, catered by the celebrated Le Bilboquet and a dedicated wellness and lifestyle concierge.

Representing the pinnacle of luxury residential living, Penthouse 80 at 111 West 57th Street offers the unique opportunity to own a piece of New York City history, to live in a residence that will be studied and admired for generations to come designed by masters of their craft.

Developed by JDS Development Group & Property Markets Group
Designed by SHoP Architects & Studio Sofield
212-935-5757 • 111W57.com

THE COMPLETE TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD15-0146. 111 WEST 57TH PROPERTY OWNER LLC, 120 NE 27TH STREET, SUITE 200, MIAMI, FL 33137. EQUAL HOUSING OPPORTUNITY.

## Property Details

- **Property Type**: Condominium
- **Beds**: 3
- **Total Baths**: 4
- **Rooms**: 7
- **Stories**: 82
- **Year Built**: 2022
- **Common Charges**: $18,892.49 / Monthly
- **Monthly Taxes**: $20,653 / mo
- **Listed On**: May 11, 2026
- **Days on Market**: 124 Days

### Residence Features

- Common Area
- Laundry Room
- City
- Park/Greenbelt

## Sales Evidence

### Recent closed sales

56 apartments at 111 West 57th Street have recorded sales since September 2021, the most recent for $45,000,000 in June 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| PH76 (Apartment) | 4 | 6,512 | $45,000,000 | $6,910/ft² | June 1, 2026 | MLS |
| 36 (Apartment) | 3 | 4,492 | $18,000,000 | $4,007/ft² | February 19, 2026 | City record · MLS |
| 17S (Duplex) | 5 | 4,768 | $12,255,000 | $2,570/ft² | February 11, 2026 | City record · MLS |
| 54 (Apartment) | 3 | 4,183 | $20,250,000 | $4,841/ft² | December 3, 2025 | City record · MLS |
| 57 (Apartment) | 3 | 4,183 | $21,250,000 | $5,080/ft² | December 1, 2025 | City record · MLS |
| 37 (Apartment) | 3 | 4,492 | $18,500,000 | $4,118/ft² | November 12, 2025 | City record · MLS |
| 38 (Apartment) | 3 | 4,492 | $18,750,000 | $4,174/ft² | October 23, 2025 | City record · MLS |
| 58 (Apartment) | 3 | 4,183 | $21,000,000 | $5,020/ft² | October 21, 2025 | City record · MLS |
| 42 (Apartment) | 4 | 4,492 | $20,125,000 | $4,480/ft² | October 20, 2025 | City record · MLS |
| 39 (Apartment) | 3 | 4,492 | $19,000,000 | $4,230/ft² | June 30, 2025 | City record · MLS |
| 43 (Apartment) | 3 | 4,492 | $21,250,000 | $4,731/ft² | June 27, 2025 | City record · MLS |
| 44 (Apartment) | 4 | 4,492 | $21,500,000 | $4,786/ft² | June 24, 2025 | City record · MLS |
| 35 (Apartment) | 3 | 4,492 | $16,150,000 | $3,595/ft² | June 6, 2025 | City record · MLS |
| 46 (Apartment) | 3 | 4,492 | $20,400,000 | $4,541/ft² | June 6, 2025 | City record · MLS |
| 25 (Apartment) | 3 | 4,492 | $11,000,000 | $2,449/ft² | May 30, 2025 | City record · MLS |
| 67 (Apartment) | 3 | 3,873 | $18,000,000 | $4,648/ft² | May 5, 2025 | City record · MLS |
| 69 (Apartment) | 3 | 3,873 | $18,500,000 | $4,777/ft² | May 2, 2025 | City record · MLS |
| PT 72 (Apartment) | 4 | 7,256 | $46,900,000 | $6,464/ft² | April 14, 2025 | City record · MLS |
| 70 (Apartment) | 3 | 3,873 | $19,000,000 | $4,906/ft² | April 7, 2025 | City record · MLS |
| 49 (Apartment) | 3 | 4,492 | $24,000,000 | $5,343/ft² | March 28, 2025 | City record · MLS |
| 33 (Apartment) | 3 | 4,492 | $15,250,000 | $3,395/ft² | March 4, 2025 | City record · MLS |
| 27 (Apartment) | 3 | 4,492 | $12,000,000 | $2,671/ft² | February 19, 2025 | City record · MLS |
| 68 (Apartment) | 3 | 3,873 | $17,500,000 | $4,518/ft² | December 6, 2024 | City record · MLS |
| 31 (Apartment) | 3 | 4,492 | $13,250,000 | $2,950/ft² | November 15, 2024 | City record · MLS |
| 66 (Apartment) | 3 | 3,873 | $17,500,000 | $4,518/ft² | November 12, 2024 | City record · MLS |
| 50 (Duplex) | 3 | 4,492 | $24,500,000 | $5,454/ft² | September 20, 2024 | City record · MLS |
| 65 (Apartment) | 3 | 3,873 | $17,000,000 | $4,389/ft² | June 28, 2024 | City record · MLS |
| 11A (Apartment) | 3 | 3,596 | $6,634,875 | $1,845/ft² | June 27, 2024 | City record · MLS |
| 56 (Apartment) | 3 | 4,183 | $19,000,000 | $4,542/ft² | June 21, 2024 | City record · MLS |
| 30 (Apartment) | 3 | 4,492 | $13,250,000 | $2,950/ft² | June 18, 2024 | City record · MLS |
| 12S (Apartment) | 3 | 3,601 | $6,200,000 | $1,722/ft² | June 11, 2024 | City record · MLS |
| 12N (Apartment) | 3 | 3,535 | $9,445,188 | $2,672/ft² | May 28, 2024 | City record · MLS |
| 26 (Apartment) | 3 | 4,492 | $11,750,000 | $2,616/ft² | May 28, 2024 | City record · MLS |
| 32 (Apartment) | 3 | 4,492 | $15,370,000 | $3,422/ft² | March 21, 2024 | City record · MLS |
| 14N (Duplex) | 4 | 4,547 | $13,085,981 | $2,878/ft² | November 8, 2023 | City record · MLS |
| PH61 (Apartment) | 3 | 7,175 | $52,000,000 | $7,247/ft² | September 29, 2023 | MLS |
| PT61 (Apartment) | — | 7,175 | $52,952,250 | $7,380/ft² | September 29, 2023 | City record |
| 17N (Apartment) | 2 | 2,580 | $5,000,000 | $1,938/ft² | September 11, 2023 | City record · MLS |
| 28 (Apartment) | 3 | 4,492 | $13,600,000 | $3,028/ft² | July 13, 2023 | City record · MLS |
| 17S (Apartment) | 4 | 4,768 | $13,500,000 | $2,831/ft² | May 31, 2023 | City record · MLS |

Showing the 40 most recent of 56 recorded sales in this period.

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable three-bedroom sales at 111 West 57th Street is $17,750,000, based on 32 sales between September 2022 and February 2026. This home is asking $42,500,000, $24,750,000 above that median. The middle half of those sales closed between $13,512,500 and $19,000,000.

- **Median closed price**: $17,750,000
- **Middle half**: $13,512,500 – $19,000,000
- **Based on**: 32 three-bedroom sales at 111 West 57th Street
- **Period**: September 2022 – February 2026
- **Median $/ft²**: $4,146/ft²

Across the 32 of these sales with a published asking price, the median closed at 91.9% of what it originally asked. 100% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 91.9% of the original ask
- **Closed below ask**: 100% of 32 sales
- **Listed → in contract**: 51 days (about 7 weeks)
- **In contract → closed**: 49 days (about 7 weeks)

Across the 32 of these sales with a published asking price, the median closed at 91.9% of what it originally asked. 100% of them closed below the original ask.

Half of these homes were in contract within 51 days (about 7 weeks) of coming to market, based on the 31 with a recorded listing date.

Once a deal was agreed, closing took a further 49 days (about 7 weeks), based on the 31 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 32 three-bedroom sales at 111 West 57th Street, September 2022 – February 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median price per square foot for sales at 111 West 57th Street, 2020 to 2025. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2020 | $2,579/ft² | 3 (thin) |
| 2022 | $5,902/ft² | 14 |
| 2023 | $2,878/ft² | 7 |
| 2024 | $3,186/ft² | 12 |
| 2025 | $4,648/ft² | 19 |

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 111 West 57th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/111-west-57th-street)

## Price and Property History for 111 West 57th Street, Unit PH80

Review the recorded listing activity for 111 West 57th Street, Unit PH80, including asking-price changes and prior market dates.

| Date | Price | Listing event |
| --- | --- | --- |
| May 8, 2026 | $42,500,000 | Listed for sale by Modlin Group LLC |
| April 15, 2026 | $46,000,000 | Listed for sale by Sothebys International Realty |

## Property Tax History

Taxes at 111 West 57th Street #PH80 were $248,097 in 2026, down 2.2% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $2,112,478 | $410,825 | $1,701,653 | $1,984,778 | $248,097 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $2,029,715 | $410,825 | $1,618,890 | $2,029,715 | $253,714 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $1,982,364 | $410,825 | $1,571,539 | $1,982,364 | $247,796 | 12.5% |
| 2023 (FY 2023/24) | $1,935,097 | $410,825 | $1,524,272 | $1,935,097 | $241,926 | 12.502% |
| 2022 (FY 2022/23) | $1,855,519 | $410,825 | $1,444,694 | $1,636,918 | $200,801 | 12.267% |
| 2021 (FY 2021/22) | $1,550,539 | $410,825 | $1,139,714 | $1,221,253 | $149,420 | 12.235% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 1010101861. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 111 West 57th Street

Midtown · Condominium

111 West 57th Street, New York, NY 10019

A building in Midtown, currently featuring 5 active listings.

- **Year Built**: 2022
- **Total Units**: 5
- **Floors**: 82

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/111-west-57th-street)

### Available Residences — For Sale (5)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [PH80](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/111-west-57th-street-ph80-PH80-ny-10019) | 3 | 4 | — | — | $42,500,000 | Modlin Group LLC | May 11, 2026 | 124 days |
| [PH82](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/111-west-57th-street-ph82-PH82-ny-10019) | 2 | 3 | — | — | $40,000,000 | Modlin Group LLC | May 11, 2026 | 124 days |
| [58](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/111-west-57th-street-58-ny-10019) | 3 | 4 | 4,183 sqft | $5,857 | $24,500,000 | Corcoran Group | Jun 30, 2026 | 74 days |
| [PT75](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/111-west-57th-street-pt75-ny-10019) | 4 | 6 | 7,130 sqft | $7,840 | $55,900,000 | Howard Hanna NYC | Aug 9, 2026 | 34 days |
| [12N](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/111-west-57th-street-12n-ny-10019) | 3 | 4 | 3,535 sqft | $3,536 | $12,500,000 | Sothebys International Realty | Sep 8, 2026 | 4 days |

## Estimated Monthly Payment

**$254,449 / month**, assuming a 20% down payment ($8,500,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $214,903
- **Property Taxes**: $20,653
- **Common Charges**: $18,892

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Midtown

The Center of the World

[Explore Midtown](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

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- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea)

## Related Links

- [111 West 57th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/111-west-57th-street)
- [Midtown neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.