Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
205 W 57TH Street # 1CB
Closed For Sale Co-op

$450,000

205 W 57TH Street # 1CB

Midtown, Manhattan

MLS® #RLS10751663

RLS at REBNY

Listing by Sotheby's International Realty, Inc.

1

Bedroom

1

Bath

N/A

Sq. Ft.

1885

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Lot Size 17,572 sq ft
Year Built 1885
Ownership Co-op
Maintenance $1,428/mo
Neighborhood Midtown
Floor 1 of 15

Property Highlights

  • Exposure: East facing
  • Character: Pre-war building (1885)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 1 of 15
Exposure East
Pets Yes
Year Built 1885
Lot Size 17,572 sq ft

Listing History

Event Date Price Change
Listed May 9, 2018 $575,000 -
Currently Jun 2, 2026 $450,000 -21.7%

Description

The Osborne is a full service coveted grand apartment building built in 1885 and notable for its landmark status and well known current and past residents such as Leonard Bernstein, Lynn Redgrave and Bobby Short. This unit is part of the estate of a renown Hollywood film historian and TV personality. The landmarked Osborne lobby is richly decorated and reminiscent of Italian Renaissance and Romanesque revival style. Its Byzantine features include stuccoed and mosaic-tiled walls, floors that mix artistry tile with slabs of varicolored Italian marble and mosaics of glazed terracotta "Della Robbia" panels which cover the walls and ceilings in rich hues of red, blue and gold leaf. Unit 1 CB has the benefit of having the lobby as its hallway. This one bedroom has 14 ft ceilings in the bedroom and hallway and a charming great room with a kitchenette behind original divided mirror doors. Pin drop quiet as it does not face 57th Street. Spacious with great storage. The Osborne is in excellent financial condition and just retiled it's rooftop where the residents annually watch the ball drop in Times Square on New Year's Eve. Bike storage available. Only 2 blocks to Central Park so bring Rover as pets are allowed. 3% flip tax paid by buyer, 50% financing allowed. Live/work not allowed.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Financial Details

Maintenance $1,428/mo
Original Price $575,000
Sale Price $450,000

Midtown Manhattan is the city's primary commercial and transit hub, home to Grand Central Terminal, Rockefeller Center, Bryant Park, and the Empire State Building. The residential market features luxury condo towers, classic pre-war cooperatives, and postwar doorman buildings served by nearly every subway line in the system. Properties range from high-floor units with skyline panoramas to well-maintained co-ops along the tree-lined side streets east and west of Fifth Avenue.

Midtown Live Market Data

View Neighborhood

Active Listings

226

Median Asking Price

$1.91M

Median $/Sqft

$1,699

Avg Days on Market

N/A

New This Week

9

Price Reduced

35%

Sold (30 Days)

14

Median Sale Price

$1.45M

Live data from RLS at REBNY • Updated 6/2/26, 7:48 AM EST

Similar Listings in Midtown

View All

Location

Loading map...

205 W 57TH Street # 1CB, Midtown, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1994
Year Built
32 years old
7
Floors
R6A
Zoning District

Tax & Assessment

Assessed Value: $5,663,700
Land Value: $202,500
Exemptions: $5,663,700

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 18,000 SF
Building Area: 63,000 SF
Built FAR: 3.5
Allowed FAR: 3

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,428 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1885, making it approximately 141 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10751663
First Listed: 5/9/2018
Closed: 6/4/2019
Contract Date: 5/9/2018

Listing Courtesy of Sotheby's International Realty, Inc. - Ellen Kapit

Listing Contact: (212) 579-9300

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/2/2026 at 11:48 AM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton