Updated 3 days ago
In contract

Malabar Residences

126 East 57th Street, PH-2B

Midtown East, Manhattan | Lexington Ave & Third Ave

5.5 Rooms3 Beds3.5 Baths2,992 Square FeetCondo Sponsor Unit [05/02/2026]

$13,500,000
Common Charges$5,774
RE Taxes$4,760
Price Per SF
$4,512

Listing Features

  • Gas Fireplace
  • High Ceilings [10.6']
  • Penthouse/Top Flr
  • Washer / Dryer
  • Oversized Windows
  • Dishwasher
  • Double Vanity
  • Soaking Tub

Outdoor space and views

  • Terrace
  • City Views
  • North Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Full Service
  • Basketball Court
  • Bike Storage
  • Elevator
  • Fitness Facility
  • Garden
  • Grilling Stations
  • Playroom
  • Pool
  • Resident Lounge
  • Roof Deck
  • Sauna
  • Screening Room
  • Steam Room

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 126 East 57th Street, PH-2B

Penthouse 2B is one of four trophy residences in the Malabar Penthouse Collection. This three-bedroom, three-and-a-half-bath residence comprises approximately 2,992 square feet of interior space and is distinguished by exceptional scale, 12-foot 6-inch ceilings highlighted by cove lighting, and an inviting fireplace. Dramatic cityscape views to the north capture Central Park, while southern exposures frame the Chrysler Building, allowing light to fill the home from morning through evening. Three private terraces totaling approximately 1,517 square feet, including a spectacular rooftop terrace, extend the living experience beyond the walls of the home, offering multiple vantage points for both quiet reflection and open-air entertaining.

A gracious entry leads to a dramatic great room of impressive volume, where soaring ceilings and oversized 8-foot windows amplify the sense of openness and light. The great room flows seamlessly to one of the private terraces, creating an effortless indoor-outdoor connection ideal for both intimate living and large-scale entertaining. Above, the rooftop terrace with gas fire pit offers a rare retreat in the sky-an expansive setting for dining, lounging, and entertaining with panoramic vistas.

The open kitchen is thoughtfully designed and meticulously crafted, featuring honed Taj Mahal quartzite countertops with seating, a full-height quartzite backsplash, and custom rift-sawn White Oak and glass cabinetry. A fully integrated suite of premium JennAir appliances-including cooktop, oven, microwave drawer, refrigerator, wine cooler, and dishwasher-delivers both performance and seamless integration.

The primary suite is a tranquil sanctuary, complimented by a substantial walk-in closet and a spa-inspired en-suite bath. Appointed with a custom White Oak dual vanity with integrated lighting, quartzite countertops, Brizo Luxe Gold fixtures, radiant heated floors, and a rain shower, the bath reflects a commitment to material richness and quiet luxury. The suite is further enhanced by direct access to a terrace, extending the sense of retreat outdoors. Two additional bedrooms, each with its own en-suite bath, provide comfort and privacy for residents and guests alike. A well-placed sculptural powder room clad in Arabescato Orobico marble serves as a striking design moment.

Throughout the residence, 7-inch-wide European White Oak plank flooring and four-hinge solid wood interior doors underscore a consistent level of craftsmanship. Additional features include an in-residence Bosch washer and dryer and zoned climate control, ensuring comfort and functionality in every season.

At Malabar Residences, your arrival begins with a soaring five-story entrance on 57th Street, a dramatic threshold that transports you into a residents-only private world, with the luxurious benefit of a discreet porte cochère and a 24-hour attended lobby for seamless arrivals and departures.

The property's one-of-a-kind lifestyle unfolds across five levels of meticulously curated amenities. Residents may choose the Oasis Garden on the fourth floor, featuring a game room with dual catering kitchens, children's playroom, and a landscaped outdoor terrace. Alternatively, on the 13th floor, CLUB13 offers an integrated indoor-outdoor lounge and bar open to a covered terrace designed for entertaining in every season. At its peak, a rooftop terrace crowns the building, perfect for al fresco dining and entertaining surrounded by views of the city skyline and Central Park.

Wellness is woven into daily life across two dedicated levels. Swimmers will enjoy a soaring double-height pool with an oversized spa pool, steam room and sauna, while others will be drawn to the state-of-the-art fitness center, and sprawling multi-sport half court.

With design throughout by ODA Architecture, Malabar Residences represents a new jewel in the center of Manhattan where stature meets serenity.

Exclusive Sales & Marketing Agent: Douglas Elliman Development Marketing. The complete offering terms are in an Offering Plan available from MRR 1326 LLC ("Sponsor") having an address at 600 Madison Avenue, 20th Floor, New York, New York 10022. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan, File No. CD24-0247. Equal Housing Opportunity.


Listing History for 126 East 57th Street, PH-2B

Now
05/02/2026
Contract Signed by Elena Sarkissian
Douglas Elliman
05/02/2026
$13,500,000
Initial Price by Elena Sarkissian
Douglas Elliman

Building Details for 126 East 57th Street

OwnershipCondo
Building TypeHigh-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built2026
Financing Allowed90%
Floors/Apts28/145
Learn More About the Building

Transit and Citi Bike

Subway

59 St
0.14 miles
Lexington Av/59 St
0.17 miles
Lexington Av/53 St
0.24 miles
51 St
0.29 miles
5 Av/53 St
0.3 miles

Citi Bike

E 58 St & 3 Ave
0.13 miles
E 56 St & 3 Ave
0.16 miles

Building Availability

APPSF
Median
Average
$3,212
$2,440,000
$3,659,000
$4,845
$13,500,000
$13,500,000

Three Beds in Midtown East

APPSF
Median
Average
$4,524
$10,000,000
$14,317,722
$3,620
$8,497,500
$8,161,250

Midtown East | Manhattan

Quick Profile

Midtown West and Midtown East have a lot in common. They’re bustling, iconic, and full of people. But just like siblings, their personalities can be vastly different. Midtown East is a bit more sophisticated and doesn’t quite have the vivacity and unruliness that its westerly counterpart exudes. 

Midtown East is bordered by 42nd to the south, 59th Street to the north, 5th Avenue to the west, and 3rd Avenue to the east. 

The neighborhood is famous for its high-end stores, tourist attractions, posh hotels (budget ones too), and iconic architecture. Midtown East is also one of the largest financial and business hubs in Manhattan. During normal business hours the sidewalks are full of commuters and people moving from point A to point B. In the early evening, when the masses have left for the day, things suddenly get a little quieter and the sidewalks have a lot less foot traffic.  

Although largely a commercial neighborhood, residential areas of Midtown East do exist on the eastern section of the neighborhood. 

Grand Central Station is located in Midtown East and like Midtown West, it’s an extremely commutable neighborhood. The 4, 5, 6, 7 and S trains whisk people in and out of the neighborhood 24 hours a day. Grand Central Station also serves as a hub for New York State and Connecticut commuter rails. These trains can take you anywhere along the Hudson River or up into Connecticut. It’s perfect for day tripping. 

Similar Listings in Midtown East

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.
OLR ID: 2177711