The Manhattan skyline gets a compelling new addition: Malabar Residences, a 28‑story condominium tower at 126 East 57th Street, situated at the corner of East 56th Street and Lexington Avenue. Developed by MRR Development and designed by renowned ODA Architecture, the project redefines contemporary urban living in Midtown East — marrying architectural daring with everyday comfort.
Building & Design
- • Rising 28 stories (≈ 346 ft) and totaling approximately 175,000 sq ft, the building encompasses up to 147 condominium residences.
- • The exterior showcases a sculptural, pixelated façade — stacked‑box massing punctuated by floor-to-ceiling windows and deep terraces. This design brings daylight, rhythm, and outdoor access to the urban environment, a contrast to the often glass‑heavy towers nearby.
- • A “dual‑entry” concept links 57th and 56th Streets via a discreet passage, with a porte‑cochère on 56th Street for elegant arrivals.
Residences & Layouts
Units range from compact studios to expansive three‑bedroom homes, offering varied layouts to suit different lifestyles and needs.
Many units offer private outdoor spaces — a rare luxury in Midtown Manhattan:
- • Balconies, loggias, terraces, and rooftop decks available across two‑thirds of units.
- • High‑end finishes, generous windows, and thoughtful floor plans define the interiors (for example: a model studio features 8‑ft windows, oak flooring, and a sculptural kitchen).
Lifestyle & Amenities
Malabar Residences brings resort‑style amenities to urban living. Residents will enjoy:
- • Landscaped rooftop terrace with skyline views
- • Indoor swimming pool, double‑height spa pool, full fitness center, and spa with sauna & steam rooms
- • Private indoor basketball court / multi‑sport court, lounges, a demonstration kitchen for events, a children’s playroom, and multiple amenity terraces
Such thoughtful amenity programming reflects MRR Development’s aim to offer not just a home — but a lifestyle.
Location & Connectivity
Strategically located in Midtown East — just a short walk from the Lexington Avenue–59th Street/63rd Street subway complex (4, 5, 6, N, R, W, Q, F trains), Malabar ensures effortless connectivity throughout Manhattan and beyond.
At the same time, residents benefit from proximity to iconic retail, dining, culture, and green spaces — balancing convenience with prestige.
Sales, Pricing & Investment Outlook
With sales officially launched in 2025 (handled exclusively by Douglas Elliman Development Marketing), Malabar is now actively offering limited inventory.
Price ranges reflect the diversity of offerings: studios start around USD $1.48M; 1‑bedrooms go up to roughly $2.9M; 2‑ and 3‑bedrooms (including penthouses) appeal to buyers seeking larger homes or investment properties.
Given its prime location, design pedigree, and amenity-rich offerings, Malabar presents a compelling option for luxury buyers, pied-à-terre seekers, or investors targeting Manhattan’s resilient core.
