The Sterling

The Sterling is a Co-op located 209 East 56th Street, in Midtown East, New York. The building was first built in 1960 and is 64 years old. It was first renovated and altered in 1984. The lot that the building was built on is 100 feet wide and 100 feet long. The official lot area is listed as 10,000 square feet. The building itself is 67 feet wide and 100 feet long. In total, 209 East 56th Street has a total floor area of 87,100 square feet. Of that, 78,100 square feet are used for residential purposes. About 9,000 square feet of the building are used for commercial purposes. There are a total of 109 units. Of those, 105 are residential units. There are four commercial units. 209 East 56th Street has a total of 13 floors. Thankfully, the building is equipped with elevator service. Residents can access the two elevators in 209 East 56th Street.

Interested in learning more about the building? 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. Don't forget to take full advantage of the roof deck where you can soak up some sun during summer or host a get together with your friends and family. 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 111 closings on record, of which we have matching data for 44 listings. In the past 3 years, a listing in this building will typically remain on the market for about 161 days Meaning, listings tend to sell at a median of $834 price per square foot. The transaction that took the longest to complete was unit 9K, listed on May 17, 2021 for $399,000. This particular unit ultimately sold 358 days later for $400,000. The most recent transaction was for unit 12M, sold for $0 on Feb 01, 2024. Fun fact, the oldest transaction we have on record took place on Dec 13, 1976. See the full transaction history for The Sterling below.

Midtown East, where 209 East 56th Street is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $468,500. For interested buyers, that means the building's median asking price is around 0.38% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

There are currently 6 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 $1,995,000. It is a 3 bedroom and 4 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $379,000. It is a 560 sqft studio and 1 bathroom unit. A breakdown of active listings shows 2 studio, 3 one-bedroom, 1 three-bedroom, units for sale! The median price of all the active units for sale in the building is $677,000. Collectively, the median square footage of these active units for sale is 280 sqft. Active units for sale at 209 East 56th Street have a median count of 1 bedrooms and have a median count of 1 bathroom.