Le Premier

Le Premier is a condo located 112 West 56th Street, in Theater District, New York. The building was first built in 1982 and is 42 years old. The lot that the building was built on is 75 feet wide and 100 feet long. The official lot area is listed as 7,531 square feet. In total, 112 West 56th Street has a total floor area of 106,502 square feet. Of that, 78,852 square feet are used for residential purposes. About 27,650 square feet of the building are used for commercial purposes. There are a total of 51 units. Of those, 50 are residential units. There are 1 commercial units. 112 West 56th Street has a total of 32 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. For those who love to work out, there is a fitness center. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 196 closings on record, of which we have matching data for 19 listings. In the past 3 years, a listing in this building will typically remain on the market for about 157 days Meaning, listings tend to sell at a median of $1,056 price per square foot. The transaction that took the longest to complete was unit 20N, listed on Oct 17, 2022 for $1,750,000. This particular unit ultimately sold 312 days later for $0. The most recent transaction was for unit 20N, which was first advertised on Oct 17, 2022, sold for $0 on Aug 25, 2023. Fun fact, the oldest transaction we have on record took place on Mar 18, 1983. See the full transaction history for Le Premier below.

Theater District, where 112 West 56th Street is located, has a median asking price of $2,000,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,750,000. For interested buyers, that means the building's median asking price is around 0.13% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 3 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $2,500,000. It is a 1,650 sqft 2 bedroom and 3 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $1,795,000. It is a 1,700 sqft 2 bedroom and 3 bathroom unit. A breakdown of active listings shows no studio, no one-bedroom, 3 two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $1,895,000. Collectively, the median square footage of these active units for sale is 1,700 sqft. Active units for sale at 112 West 56th Street are mostly 2-bedroom apartments Active units for sale at 112 West 56th Street have a median count of 2 bedrooms and have a median count of 3 bathrooms.