Listing Courtesy of Douglas Elliman Real Estate
$1,480,000
Potential Rebate: $22,200
<p> Residence 701 balances architectural precision with understated elegance. This west-facing studio spans 552 square feet of thoughtfully designed interiors with 10'6" ceiling heights and 8-foot windows, extending seamlessly onto a 68-square-foot private terrace - framing open skies and casting the city in an entirely new light.</p> <p> Inside, a custom-designed kitchen serves as the heart of the home, composed of rift-sawn White Oak cabinetry, bespoke glass accents, and honed Taj Mahal quartzite surfaces with a full-height backsplash. A fully integrated suite of JennAir appliances underscores the kitchen's sculptural form and minimalist sophistication. The interiors are finished with 7-inch White Oak plank flooring, four-hinge solid wood doors, and a discreet Bosch washer and dryer - details that quietly elevate everyday living.</p> <p> The bathroom is a private retreat, designed with a custom Italian White Oak vanity, integrated lighting, Taj Mahal quartzite countertops, brushed Brizo Luxe Gold fixtures, and a soaking tub beneath a rain showerhead - where calm becomes a ritual.</p> <p> At Malabar Residences, your arrival begins with a soaring five-story entrance on 57th Street, a dramatic threshold that transports you into a residents-only private world, with the luxurious benefit of a discreet porte cochère and a 24-hour attended lobby for seamless arrivals and departures.</p> <p> The property's one-of-a-kind lifestyle unfolds across five levels of meticulously curated amenities. Residents may choose the Oasis Garden on the fourth floor, featuring a game room with dual catering kitchens, children's playroom, and a landscaped outdoor terrace. Alternatively, on the 13th floor, CLUB13 offers an integrated indoor-outdoor lounge and bar open to a covered terrace designed for entertaining in every season. At its peak, a rooftop terrace crowns the building, perfect for al fresco dining and entertaining surrounded by views of the city skyline and Central Park.</p> <p> Wellness is woven into daily life across two dedicated levels. Swimmers will enjoy a soaring double-height pool with an oversized spa pool, steam room and sauna, while others will be drawn to the state-of-the-art fitness center, and sprawling multi-sport half court.</p> <p> With design throughout by ODA Architecture, Malabar Residences represents a new jewel in the center of Manhattan where stature meets serenity.</p> <p> Exclusive Sales & Marketing Agent: Douglas Elliman Development Marketing. The complete offering terms are in an Offering Plan available from MRR 1326 LLC ("Sponsor") having an address at 600 Madison Avenue, 20th Floor, New York, New York 10022. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan, File No. CD24-0247. Equal Housing Opportunity.</p>
$8,272 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$22,200
Monthly savings impact
$62/mo
Effective Purchase Price
$1,457,800
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
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.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20050122
RLS at REBNY

2.5%
Experience
Member
Listings
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.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20050122
RLS at REBNY

Compare average listing prices and value metrics for Malabar Residences against the surrounding East Midtown market.
than the East Midtown price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within East Midtown.
East Midtown is the corporate heart of the city. It is impressive and tall. For buyers seeking East Midtown Manhattan real estate, it offers walk-to-work convenience.
Living in East Midtown is efficient. As a Manhattan NYC neighborhood, it is global.
The market for homes for sale in East Midtown includes luxury high-rise condos.
The lifestyle in East Midtown is busy on weekdays, quiet on weekends.
East Midtown is connected to everything via Grand Central.
Bryant Park is nearby.
Amenities: World-class shopping on 5th Ave.
East Midtown is best for corporate professionals.

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