---
title: "126 East 57th Street #701, New York City, NY 10022"
description: "126 East 57th Street #701, New York City, NY 10022 — Midtown East, New York City, NY. Listing Price $1,480,000. Studio bed, 1 bath, 552 sqft Illustrative Buyer Commission Share of $22,200 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/126-east-57th-street-701-ny-10022"
source: "Real Estate Rebate Team"
status: "Active"
---

# 126 East 57th Street #701, New York City, NY 10022

Midtown East, New York City, NY

**Sponsor Residence**

Courtesy of Nest Seekers LLC

## At a Glance

- **Listing Price**: $1,480,000
- **Beds**: Studio
- **Baths**: 1
- **Sqft**: 552
- **Common Charges**: $980 / mo
- **Monthly Taxes**: $1,132 / mo
- **Price per Sqft**: $2,681
- **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**: $1,480,000
- **Illustrative Buyer Commission Share**: -$22,200*
- **Illustrative Net Cost**: $1,457,800

*Illustrative Buyer Savings of $22,200 — 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)

![126 East 57th Street #701, New York City, NY 10022 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9feffd78-d219-4c41-8ac2-c7f0cf6045cc.jpg)
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![126 East 57th Street #701, New York City, NY 10022 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/061f4b3d-7a46-4158-9b55-c173cb7c5abd.jpg)
![126 East 57th Street #701, New York City, NY 10022 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/61f04c83-e4eb-4dc1-a772-bd4041ea62f2.jpg)
![126 East 57th Street #701, New York City, NY 10022 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5c8a00b1-d30c-4350-aeb4-106625f128e4.jpg)
![126 East 57th Street #701, New York City, NY 10022 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6019aed6-7147-4c50-b2d1-ddfcf22d34a7.jpg)
![126 East 57th Street #701, New York City, NY 10022 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e1a1d571-db09-41b5-adf6-749192101662.jpg)

## Property Overview

Rising at the coveted crossroads of Billionaires’ Row and Park Avenue, Malabar Residences introduces a new standard of luxury living in the heart of Midtown Manhattan. Residence 701 is a beautifully appointed 552-square-foot studio featuring a private 68-square-foot terrace and desirable western exposure. Thoughtfully designed to maximize both space and natural light, the residence offers an efficient layout complemented by refined contemporary finishes. Inspired by the timeless beauty of India’s celebrated Malabar region, Malabar Residences, designed by ODA Architecture, is a collection of thoughtfully crafted studio to three-bedroom residences where sophisticated design, exceptional craftsmanship, and elevated living converge. Interior Features - Custom Italian white oak kitchens with Taj Mahal quartzite countertops - Bespoke Italian glass upper cabinetry - Fully integrated premium appliance package - Brizo Luxe Gold fixtures - Spa-inspired baths with custom Italian white oak vanities and Taj Mahal quartzite - Radiant heated bathroom floors in select residences - 7-inch wide-plank white oak flooring - Solid wood four-hinge interior doors - Zoned climate control - Bosch washer and dryer in every residence - Select residences feature elegant powder rooms with honed Arabescato Orobico Dark marble Amenities Five floors of curated lifestyle amenities centered around wellness, recreation, and entertaining include: - Double-height indoor swimming pool - Hot spa pool & cold plunge - Steam room & dry sauna - State-of-the-art Technogym fitness center - Pilates reformer studio - Indoor sports court with half-court basketball & regulation pickleball - Oasis Lounge with chef’s kitchen, prep kitchen & private poker room - Landscaped Oasis Garden with outdoor bar & movie screen - Club 13 lounge with covered terrace - Multipurpose lounge, boardroom & private meeting spaces - Landscaped rooftop terrace with panoramic skyline views, grilling & outdoor dining - Porte coche`re arrival Malabar Residences offers a rare opportunity to own a home where world-class architecture, exceptional wellness amenities, and timeless design come together at one of Manhattan’s most coveted addresses. Exclusive Sales & Marketing Agent: Nest Seekers International. The complete offering terms are in an Offering Plan available from MRR 1326 LLC (“Sponsor”), 600 Madison Avenue, 20th Floor, New York, NY 10022. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan. File No. CD24-0247. Equal Housing Opportunity.

## Property Details

- **Property Type**: Condominium
- **Baths**: 1
- **Rooms**: 1
- **Sqft**: 552 sqft
- **Stories**: 28
- **Year Built**: 2026
- **Price per Sqft**: $2,681
- **Common Charges**: $980 / Monthly
- **Monthly Taxes**: $1,132 / mo
- **Listed On**: Jul 24, 2026
- **Days on Market**: 44 Days

### Residence Features

- Central Air
- Building Washer Dryer Install Allowed
- In Unit
- Building Garden
- Building Roof Deck
- Private Outdoor Space Under 60 Sqft
- Dryer
- Washer
- City

## Sales Evidence

### How this price compares

The median closed price for comparable condo studio sales in Midtown East is $696,250, based on 30 sales between December 2024 and May 2026. This home is asking $1,480,000, $783,750 above that median. The middle half of those sales closed between $460,000 and $1,700,000.

- **Median closed price**: $696,250
- **Middle half**: $460,000 – $1,700,000
- **Based on**: 30 condo studio sales in Midtown East
- **Period**: December 2024 – May 2026
- **Median $/ft²**: $1,281/ft²

Across the 22 of these sales with a published asking price, the median closed at 93.3% of what it originally asked. 96% of them closed below the original ask.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Midtown East instead.

### How these sales were negotiated

- **Sold vs original ask**: 93.3% of the original ask
- **Closed below ask**: 96% of 22 sales
- **Listed → in contract**: 57 days (about 8 weeks)
- **In contract → closed**: 38 days (about 5 weeks)

Across the 22 of these sales with a published asking price, the median closed at 93.3% of what it originally asked. 96% of them closed below the original ask.

Half of these homes were in contract within 57 days (about 8 weeks) of coming to market, based on the 16 with a recorded listing date.

Once a deal was agreed, closing took a further 38 days (about 5 weeks), based on the 18 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 30 condo studio sales in Midtown East, December 2024 – May 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median sold price for condo and house studio sales in Midtown East, 2019 to 2025. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2019 | $1,258,622 | 12 |
| 2021 | $505,000 | 13 |
| 2022 | $578,333 | 12 |
| 2025 | $580,000 | 21 |

This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Midtown East instead.

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.

## Estimated Monthly Payment

**$9,596 / month**, assuming a 20% down payment ($296,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $7,484
- **Property Taxes**: $1,132
- **Common Charges**: $980

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

## Midtown East

Overview of Midtown East

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

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## Related Links

- [Midtown East neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-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.