The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

303 East 57th Street, Unit 6AB

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Impressive Corner Residence at The Excelsior

This expansive corner home offers the space and scale of a true luxury residence. Spanning approximately 2,000 square feet, Apartment 6AB features 2 bedrooms, 2.5 bathrooms, and a flexible floorplan that can easily be reimagined as a three-bedroom. With multiple exposures through oversized picture windows, the nearly 40-foot great room is filled with natural light and opens onto a private balcony overlooking 57th Street. The open kitchen with breakfast bar is outfitted with custom cabinetry, granite countertops, and quality finishes, blending functionality with timeless design. The winged layout provides complete privacy between bedrooms. The primary suite includes six closets, an en-suite bath, and a versatile dressing room or home office. The second bedroom also features generous closet space and its own renovated en-suite bathroom. Additional highlights include a formal foyer, in-unit washer/dryer, and refined details throughout.

The Excelsior

Designed by Phillip Birnbaum and completed in 1967, The Excelsior rises 48 stories and is renowned for its white-glove service, oversized layouts, and sweeping city views. Amenities include a 24-hour doorman, concierge, health club (Complete Body Fitness), swimming pool, roof deck, on-site garage with valet, laundry, and a port cochere driveway for convenient arrivals and departures. Pets and subletting are permitted.

A Smart Investment Opportunity

As a land-lease co-op, The Excelsior offers exceptional value. Purchase prices are significantly lower compared to most co-ops or condos, while monthly costs are only slightly higher. This structure allows owners to preserve capital, which can be reinvested into opportunities that generate returns. The corporation has the unilateral right to extend the ground lease through 2064, making this an intelligent long-term choice.

Unmatched Location & ConvenienceLocated on East 57th Street, at the heart of Billionaire’s Row, The Excelsior offers a unique address surrounded by world-class shopping, luxury retailers, and some of Manhattan’s most celebrated restaurants. For those who frequent the Hamptons, the building’s garage provides direct access to the Queensboro Bridge, making weekend getaways effortless. Combined with its central location with major transportation, this residence blends prestige, practicality, and lifestyle.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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