The Sheffield
322 West 57th Street
Modern Luxury on the 57th Street Corridor
The Sheffield — Modern Living on the 57th Street Corridor
The Sheffield at 322 West 57th Street is a 58-story residential tower developed by Toll Brothers and Kent Associates, completed in 2018. 597 residences between Eighth and Ninth Avenues, within walking distance of Central Park and the Hudson River.
Residences feature floor-to-ceiling windows, wide-plank hardwood floors, open kitchens with quartz countertops, and in-unit washer/dryers.
The Sheffield at a Glance
322 West 57th Street, New York, NY 10019
Toll Brothers & Kent Associates
Slater-Anderson Architects
2018
597
58
Condominium
Midtown West
The Sheffield Condos for Sale
Why Buyers Choose The Sheffield
Competitive 57th Street Entry
Modern finishes at a fraction of Billionaires' Row.
Dual Park/River Access
Walking distance to Central Park and Hudson River.
Full Amenities
Rooftop terrace, fitness, pet spa, parking.
Investment Strength
597 units, strong rental demand.
Our Take on The Sheffield
Competitive pricing relative to Billionaires' Row. Modern finishes, strong amenities, excellent views at accessible pricing.
Genuinely versatile location — Central Park east, Hudson River west, Columbus Circle anchoring.
Condominium structure and broad unit mix serve a wide range of buyers.
Market Position
Modern full-amenity condo on 57th Street at prices below ultra-luxury towers.
597-unit scale provides consistent transaction volume and liquidity.
Investment Perspective
Strong rental yields from Midtown West demand.
Condominium flexibility with no subletting restrictions.
Buyer Profile
International Buyers Welcome
Foreign nationals can purchase condominiums in Manhattan with no visa or residency requirements. Many international buyers use LLCs for privacy and estate planning. Manhattan Miami specializes in guiding international buyers through the acquisition process, from financing options to closing procedures.
Read Our International Buyer Guide →About The Sheffield
The Sheffield at 322 West 57th Street is a 58-story residential tower in Midtown West, originally developed by Toll Brothers and Kent Associates and completed in 2018. Designed by Slater-Anderson Architects, the building contains 597 residences — a mix of condominiums and rental units — making it one of the larger luxury developments in the 57th Street corridor. The Sheffield's location between Eighth and Ninth Avenues places it within walking distance of both Central Park and the Hudson River waterfront, a dual-access position that few buildings in the area can claim.
Our team at Manhattan Miami has worked with buyers at The Sheffield who are drawn to its competitive pricing relative to the Billionaires' Row towers just blocks east. While 432 Park Avenue and Central Park Tower command ultra-luxury price points, The Sheffield offers modern finishes, strong amenities, and excellent views at a more accessible entry point. Residences feature floor-to-ceiling windows, wide-plank hardwood floors, open kitchens with quartz countertops and stainless steel appliances, and in-unit washer/dryers — the essentials that today's buyers expect in a new-construction Manhattan home.
The amenity program includes a 24-hour attended lobby, fitness center, residents' lounge, rooftop terrace with outdoor dining and lounge areas, children's playroom, bike storage, and on-site parking. The building's scale supports a level of programming and staffing that smaller boutique developments cannot sustain, and the roof deck views — looking north toward Central Park and south across the Midtown skyline — are a genuine highlight.
The western 57th Street corridor has matured significantly in recent years, with new restaurants, retail, and the continued expansion of Hudson Yards adding to the neighborhood's appeal. Buyers who want a Midtown address with modern finishes and strong amenities but prefer not to pay Billionaires' Row premiums should consider The Sheffield alongside other recent developments in the area. Contact our team for current availability and to schedule a viewing.
Explore luxury condos in New York City or view Billionaires' Row for ultra-luxury developments. For international buyers, see our NYC guide for foreign purchasers.
Available Residences
Currently available at The Sheffield
Residence 50S
322 W 57th Street #50S, Manhattan, NY 10019
Residence 33U
322 W 57th Street #33U, Manhattan, NY 10019
Residence 51M1
322 W 57TH Street #51M1, Manhattan, NY 10019
Residence Collection
Residences
1 to 4+ Bedrooms
Contact for Pricing
- Premium finishes throughout
- Open floor plans
- Floor-to-ceiling windows
- Chef's kitchens
Premium Residences
Select Layouts
Contact for Pricing
- Corner exposures
- Expanded living spaces
- Custom finishes available
- Private outdoor space
Residences from $2,988,000
Building Amenities
Comprehensive amenity program for modern luxury living.
Fitness & Wellness
- Fitness Center
- Yoga Studio
- Spa Treatment Room
Social
- Residents' Lounge
- Rooftop Terrace
- Outdoor Grilling Area
- Children's Playroom
- Game Room
Services
- 24-Hour Doorman & Concierge
- Package Room
- Bicycle Storage
- On-Site Parking
- Pet Spa
Between Central Park and the Hudson
Central Park three blocks east, Hudson River three blocks west. Columbus Circle, Lincoln Center, Restaurant Row nearby.
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Billionaires' Row
The world's most exclusive residential corridor
Manhattan New Developments
Pre-construction condos with sponsor inventory
International Buyers
Taxes, process & ownership for foreign purchasers
Explore Luxury Condos in Miami →
Branded residences & waterfront living in South Florida
Frequently Asked Questions
Where is The Sheffield?
322 West 57th Street, Midtown West Manhattan, near Central Park.
How tall?
58 stories, completed 2018.
How many residences?
597.
Who developed it?
Toll Brothers and Kent Associates.
Amenities?
Fitness center, rooftop terrace, pet spa, parking, 24-hour doorman.
Floor plans?
Contact our advisory team.
The Sheffield Awaits
Our specialists will provide personalized pricing, floor plans, and exclusive developer incentives.
322 West 57th Street, New York, NY 10019
Manhattan Real Estate Market Intelligence
Market Context: Manhattan luxury condominium pricing is segmented by sub-market. The Billionaires’ Row corridor (57th Street, between Park Avenue and Columbus Circle) carries the highest price-per-foot in the United States, with trophy residences trading $4,000-$10,000+ per SF. Downtown Manhattan (Tribeca, West Village, Soho) has its own ultra-luxury tier driven by limited supply of new development. Upper East Side and Upper West Side condo medians sit materially below downtown trophy levels but offer larger floor plates and Central Park access. Pricing in Manhattan is sensitive to interest rates, mansion-tax brackets, and the offering-plan stage of any given building.
Entity Insight: Sponsor-direct new development in 2026 includes 80 Clarkson (West Village), 255 East 77th (Upper East Side), 140 Jane (West Village), 1122 Madison (Carnegie Hill), and Mandarin Oriental Fifth Avenue. Completed buildings with sponsor inventory remaining include Central Park Tower, 220 Central Park South, 53 West 53, 111 West 57th, and 50 West 66th. Each carries a distinct sponsor history, construction lender, offering-plan amendment cadence, and 421-a or other tax-abatement status that must be diligenced individually.
Buyer Signal: Manhattan’s structural inputs include the New York Attorney General-supervised offering plan process (provides buyer-side procedural protection not available in less-regulated markets), the depth of the resale market (high liquidity at exit), and constrained near-term supply (limited zoning capacity in core sub-markets). Risks to underwrite at contract: mansion-tax bracket inflation above $2M, transfer-tax assumption by buyer on sponsor sales, lot-line and view-corridor exposure on specific lots, condo board sublet and resale policies, and 421-a phase-out schedule where applicable. Status of any individual project, sponsor inventory level, AG offering plan amendment, pricing, or sales percentage should be verified at the time of inquiry.
Key Facts
- Trophy Manhattan condo $/SF range: $1,500-$10,000+
- Billionaires’ Row average $/SF: $4,000-$10,000+
- Downtown trophy (Tribeca/West Village) $/SF: $2,500-$6,000+
- Mansion tax: 1% above $1M, graduated brackets above $2M for buyer
- Typical sponsor contract deposit: 10%-20% at signing
- Standard buyer-attorney review window: 1-3 business days from contract delivery
- Sponsor-side commission: developer pays buyer agent on sponsor sales
- Tax-abatement programs (where applicable): 421-a, J-51, status verified building-by-building
- Foreign-national LLC ownership: common, structured at contract
Buyer Procedure
Manhattan sponsor-sales procedure: reservation form → offering plan delivery → buyer attorney review → contract execution and initial deposit → mortgage commitment (if financed) → closing at delivery. Sponsor-inventory and resale procedures differ; advisory pre-tour planning is recommended.
Manhattan Real Estate FAQs
What is the New York Attorney General offering plan?
The offering plan is the legal document filed with the New York Attorney General that governs the sale of every Manhattan condominium. It defines deposit handling, unit specifications, common charges, real estate taxes, sponsor obligations, and buyer protections. No Manhattan condo sale closes outside the framework of an accepted offering plan; amendments are filed periodically and reviewed by buyer attorneys at contract.
What is sponsor inventory?
Sponsor inventory refers to unsold units still held by the building’s developer (the “sponsor”). Sponsor units are brand-new, never lived-in, and may include negotiable pricing, closing-cost credits, and access to tax-abatement programs where the building has them. Sponsor-side transactions follow the offering plan, not the standard resale contract.
What tax abatements apply in Manhattan?
421-a is the most common Manhattan condo abatement, providing reduced real-estate-tax exposure for 10 to 25 years on qualifying new developments. J-51 applies to specific rehabilitated buildings. Each abatement has a phase-out schedule and building-specific qualification status that must be verified in the offering plan and the most recent tax certificate.
What closing costs apply on a Manhattan condo?
Typical buyer-side closing costs run 2% to 4% of price, including NYC and NYS transfer taxes (often assumed by buyer on sponsor sales), mansion tax (1% above $1M with graduated brackets above $2M), title insurance, buyer attorney fee, mortgage recording tax if financed, and prorated common charges and real estate taxes.
Are common charges the same as HOA fees?
No. Manhattan condos use the term “common charges,” not HOA fees. Common charges fund building operations, staff, amenities, and reserves. Real estate taxes are billed separately by NYC and are not part of common charges.
How does Manhattan Miami get paid on Manhattan transactions?
On sponsor-side new development purchases, the developer pays Manhattan Miami’s buyer-agent commission. Buyer representation is at no out-of-pocket cost to the buyer. On resale transactions, commission arrangements are disclosed at engagement.