Malabar Residences
- AVA0050157th Street, Manhattan, New York, USA
Malabar Residences
- AVA0050157th Street, Manhattan, New York, USA
Image for representational purpose onlyMalabar Residences presents an unparalleled living experience in the heart of Manhattan, situated on the prestigious 57th Street. This boutique development, masterfully designed by ODA Architecture, showcases sophisticated interiors and distinctive cascading terraces that seamlessly blend urban vibrancy with private luxury. Residents will enjoy immediate access to Manhattan's rich cultural landscape, including world-class dining, shopping, and entertainment, as well as the tranquility of nearby Central Park. The building's prime location also offers convenient access to top-tier educational institutions such as The Dalton School (3 km) and Trinity School (2 km). Daily errands are simplified with the Union Square Greenmarket (2.5 km) and Chelsea Market (3 km) just a short distance away, while NewYork-Presbyterian Hospital (2 km) and Mount Sinai Hospital (2.5 km) provide peace of mind with their close proximity. Commuting is effortless with the 57th Street Bus Stop a mere 100 meters away, Grand Central Terminal within 1.5 km, and the FDR Drive accessible within 2 km, ensuring seamless connectivity throughout the city and beyond; for travel further afield, convenient access to airports makes national and international travel a breeze.
Property Details
- Micro-market
- 57th Street, Manhattan
- Configuration
- 1 BHK
- Property Type
- Apartment
- Built-up Area
- 538 sq ft
- Year Built
- 2026
- Status
- Under Construction
Project Timeline
Key milestones for this project, updated as the developer confirms them.
Project announcement
Booking Started
Construction Started
Expected Completion
Q2 2026
Available Properties
Project variants for under-construction developments — unit types, sizes, starting prices and possession dates.
Inventory Type
| Variant | Size | Starting Price | Possession | CTA |
|---|---|---|---|---|
| Studio | 538 sq ft | $1.51M | Q2 2026 |
Property Information
- Community: 57th Street, Manhattan, New York
- Project Name: Malabar Residences
- Listing Price: $ 1.5 M
- List Date: Dec 28, 2025
- Days on Market: 112
- Listing ID: AVA00501
- Status: Under Construction
- Floors Allowed: 28
- Pool: Private Swimming Pool
Legal Information
Indicative legal & tax information based on available documents; verify with your lawyer before transacting.
- Occupancy Certificate
- No
- Fire NOC
- No
Can you own this, and how?
Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.
I am buying as:
- Status
- Permitted, fee simple
- What you actually hold
- You hold fee simple title, recorded with the county recorder. Title insurance is standard and is what you actually rely on.
- Key rules and restrictions
- Rules on closing, disclosure and recording are set at state and county level, so they vary.
- Homeowner association rules can restrict rentals, alterations and resale.
- Flood zone status affects insurance cost and sometimes insurability.
- Funds and process
- Funds move through an escrow or title company. Wire fraud at closing is common, so confirm wire instructions by phone using a number you already had.
- Taxes
- Annual property tax is levied by the county and commonly runs between roughly 0.3% and 2.2% of assessed value depending on the state. Transfer taxes and recording fees vary by state and county. Capital gains on a sale are federal and often state taxable, with a primary residence exclusion of USD 250,000 for a single filer and USD 500,000 for a couple where the ownership and use tests are met.
- Verify before you buy
- Order a title search and buy an owner's title insurance policy.
- Get the property tax history and the current assessment.
- Read the homeowner association documents and reserve study.
Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in the United States before you commit.
Investment Information
- Capital Appreciation: 8%
Location
126 East 57th Street, New York, NY 10022
- Airport: LaGuardia Airport (LGA) - 7.2 miles
- Railway: Grand Central Terminal - 1.5 km
- Highway: FDR Drive - 2 km
- Hospital: NewYork-Presbyterian Hospital - 2 km
- Tourist Hub: Central Park - 3.2 km
Nearby Attractions
Fine-grained ratings and travel times for popular spots nearby.
| Rating | Attraction | Type | Best Time to Visit | Distance |
|---|---|---|---|---|
| 9.6 / 10 | Central Park | Park | Early morning | 3.2 km |
| 9.4 / 10 | Carnegie Hall | Concert Venue | Concert season (Oct-Jun) | 0.6 km |
| 9.2 / 10 | The Museum of Modern Art (MoMA) | Museum | Weekday afternoons | 0.85 km |
| 7.6 / 10 | Tiffany & Co. Flagship Store | Shopping | — | 0.2 km |
| 8.5 / 10 | The Plaza Hotel | Landmark | — | 0.4 km |
Investment Calculator
Calculate your EMI, returns and investment potential
₹9,763.011
per month
20 years • 8.5% interest • Fixed rate
₹10K
Monthly EMI
Investment Returns
8%
Expected ROI
0%
Rental Yield
Bank Interest Rates
Investment Summary
This calculator is for illustrative purposes only.
Rental Yield Calculator
Calculate potential returns on rental property investments
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Net Rental Yield
4.3%
Monthly Income
₹5K
Rental Breakdown
This calculator is for illustrative purposes only. Actual returns depend on market conditions, property management, and occupancy.
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