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$8,575,000
List price: $8,750,000
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111 West 57th Street #16N
Condo in Midtown • 
building info
2bd • 3ba • 2,702 ft 2
Buy with Yoreevo

$8,575,000

List price

$8,750,000

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Key Details
Days on market
526
Last price change
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Estimated payment
$67,271
Taxes
$4,221
Monthly common charges
$5,266
Description
Landmark Residence 16N presents an extraordinary opportunity to reside in historic Steinway Hall at 111 West 57th Street. This beautifully proportioned 2,702 sq ft residence with two bedrooms and two and a half baths features an open kitchen, working fireplace and 958 sq ft north-facing private terrace. It is ready for immediate occupancy. Steinway Hall, originally designed by the celebrated firm Warren & Wetmore, is a distinguished architectural and cultural landmark and monument to classical music that was completed in 1925. It has now been comprehensively reimagined by SHoP Architects with sophisticated interiors by Studio Sofield to create a limited collection of sprawling, light-filled, pre-war residences that honor the heritage and integrity of one of Midtown's most cherished landmarks. Classic layouts and traditional features like coved walls, stepped paneled doors and intricately patterned solid oak floors are coupled with every contemporary comfort. 16N features a formal entrance foyer white macauba stone floor and an exquisite powder room finished in jewel onyx. The open kitchen boasts a countertop and backsplash in Cristallo Gold quartzite and top-of-the-line appliances by Gaggenau including convection, steam and speed ovens, an integrated coffee maker and zoned, refrigerated wine storage. Both the kitchen and the living room, which features a working gas fireplace, open onto the terrace. The master suite also opens onto the terrace and boasts two generous walk-in closets. A luxurious master bath is finished in Italian white Venato marble with double vanity, bespoke, free-standing copper soaking tub handmade by William Holland, and separate glass enclosed shower with custom bronze hardware by P.E. Guerin. The second bedroom also opens onto the terrace and features an en suite bath finished in Cristallo Gold quartzite. The residence features the convenience of a washer and dryer, and dedicated AV closet. Floors are custom smoke gray solid oak floors throughout with a parquet pattern in the living room. Residents at 111 West 57th Street will benefit from a gracious and secure entrance experience featuring a rare, private porte-cochere on 58th Street, and a lobby featuring opulent accents in limestone, marble, blackened steel and velvet, and meticulously restored, original end-grain wood flooring preserved from Steinway Hall. Private residential amenities include an 82ft two-lane swimming pool with cabanas, separate sauna and treatment rooms, a double-height fitness center with mezzanine terrace, private dining room and chef's catering kitchen, residents' lounge with expansive terrace, meeting rooms and study, 24-hour attended entrances and dedicated concierge service. Landmark Residence closings commenced in the Spring of 2020. The complete terms are in an offering plan available from the Sponsor (File No: CD15-0146).

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Important Stuff
Important Stuff
Doorman
Elevator
Amenities
BUILDING AMENITIES
  • Gym
  • Concierge
  • Swimming Pool
  • Fios Available
  • Storage Available
LISTING AMENITIES
  • Pool
  • Terrace
History
What it'll cost
Purchase price
$8,750,000
Asking Price: $8,750,000
Term
30 Years
Down Payment
$875,000 (10%)
Min: 10% (875,000)
Rate
8.0 %
Mortgage Amount
$7,875,000
Mortgage Payment
$57,784
Common Charges
$5,266
Taxes
$4,221
Estimated Yoreevo rebate
$175,000
Estimated closing cost
$398,000
Total monthly cost $67,271
Buy your dream home with us and get an estimated
$175,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Courtesy of Douglas Elliman

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