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209 E 56th Street #PHU
About This Property
This one bedroom is a corner home located on the very top floor of a full service co-op building, The Sterling. PHU has an expansive renovated living room, open kitchen, and chic bedroom all surrounded by private outdoor space.
The transformation is evident from when you enter into the home- all living, bedroom, closets, kitchen and hallway flooring has been replaced and updated to hardwood wide plank floors. The baseboards in the living room were refinished to match the hardwood floor and create a better aesthetic flow of natural materials. Also not to be missed is the row of closets in the entry hallway that were custom designed by Creative Closets.
The windowed kitchen was also renovated, opened and brightens the whole home. Elements such as Prima Bianco cabinets, penny floor tile, new white waterfall countertops and geometric ceramic backsplash tile were all professionally installed. All appliances were also newly installed during the renovation and include a stainless steel Fisher and Paykel fridge, dishwasher, as well as Whirlpool microwave and gas oven/stovetop.
Off the living room is sliding door access to the private south-west facing terrace - great for gardening. The space wraps around on both the living room and bedroom side, creating set back privacy throughout. In fact, the whole apartment faces south west with an abundance of natural light all day.
As you turn into the bedroom, you'll notice a unique feature. A recessed backlit shelf which can frame up to a king size bed, and creates the perfect mood lighting and lends itself for additional storage. The bedroom closet was also expanded to be a walk-in and designed by Creative Closets.
The window treatments in both the living and bedroom are Hunter Douglas and the Shade Store brand; custom outfitted for the space.
The Sterling Co-op, also recently leased out space to a third party storage facility which allows owners to rent additional storage units when needed. There is also an incredibly convenient parking garage directly next door to the building.
The Sterling is a full service Pet Friendly cooperative with an excellent staff and resident superintendent. The building amenities include a laundry room, roof deck and a third party storage facility accessible through the building itself. The building allows pied a terre, guarantor purchases and has a sublease policy after two years ownership. This fabulous midtown location is steps from the Lexington/3rd Avenue Subway, cross town 57th Street bus lines, a close walk to Central Park South with fabulous restaurants including La Marea and the Four Seasons a short walk west. This pocket of NYC is a shoppers paradise with excellent proximity to the luxury shopping corridor on 57th Street, Lexington and Madison Avenue, with boutiques and high end stores such as Chanel, Louis Vuitton, Prada, Dior, Burberry, Tiffany and many others, plus Bloomingdales. Whole Foods on 57th Street, Trader Joe's under the 59th Street Bridge. Wonderful green spaces are also within a short walk. The East River Esplanade which starts on East 53rd Street and continues up towards East 61st Street, plus intimate waterfront facing parks like Sutton Place Park, are all cherished and free public gardens for neighbors to enjoy.
The maintenance for PHU includes heat, hot water, and gas. Con Edison, electric, is separately metered for each unit.
Listed By
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 1, 2024 | Listed by Compass | $850,000 | |
Listed by Compass | |||
Aug 26, 2015 | Sold to Tanya A English | ||
Sold to Tanya A English | |||
May 29, 2015 | Listed by Brown Harris Stevens Residential Sales LLC | $649,000 | |
Listed by Brown Harris Stevens Residential Sales LLC | |||
![]() ![]() ![]() | |||
Brilliant light streams in all day long through beautiful south and
west exposure in this fabulous corner Penthouse featuring a large
set back southern terrace, perfect for entertaining or peaceful
relaxation! Make this your primary home or a perfect pied-a terre.
The Living Room and a separate Dining Area are positioned on the
south and west corner and feature square proportion providing a
sense of spaciousness and city views. The entry way has two very
large closets and leads to the…
| |||
Feb 3, 2015 | Listed by Halstead dba Brown Harris Stevens Residential Sales LLC | $735,000 | |
Listed by Halstead dba Brown Harris Stevens Residential Sales LLC | |||
| |||
This lovely penthouse apartment has a terrace with southern,
western and eastern exposures! Enjoy living in a renovated, top
floor corner one bedroom home. The living room has floor-to-ceiling
sliding doors that lead directly to your terrace and the dining
area is perfect for entertaining. The spacious master bedroom is
very bright, has a walk-in closet and is large enough for a sitting
area. A windowed renovated kitchen includes a dishwasher and the
bathroom has been beautifully renovated…
|
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/25/2024
|
1 Bed
|
1 Bath
|
600 ft²
|
$659,900
1 Bed
1 Bath
600 ft²
|
$655,000
-0.74%
10/28/2024
|
-
|
Shail Barot
Corcoran MH, LLC
| |
07/08/2024
|
Studio
|
1 Bath
|
535 ft²
|
$350,000
Studio
1 Bath
535 ft²
|
$400,000
+14.29%
01/09/2025
|
-
|
Sheila McCarthy
The Corcoran Group
| |
06/18/2024
|
Studio
|
1 Bath
|
-
|
$350,000
Studio
1 Bath
|
$400,000
+14.29%
11/04/2024
|
-
|
Michael Ruff
Coldwell Banker Warburg
| |
05/06/2024
|
1 Bed
|
1 Bath
|
700 ft²
|
$649,000
1 Bed
1 Bath
700 ft²
|
$625,000
-3.70%
04/01/2025
|
-
|
Vincent Smith
Brown Harris Stevens Residential Sales LLC
| |
02/16/2023
|
Studio
|
1 Bath
|
-
|
$349,000
Studio
1 Bath
|
$342,500
-1.86%
09/06/2023
|
Lisa Chajet
Coldwell Banker Warburg
| ||
02/08/2023
|
2 Bed
|
2 Bath
|
-
|
$1,250,000
2 Bed
2 Bath
|
$1,050,000
-16.00%
09/13/2023
|
-
|
Ari S Harkov
Brown Harris Stevens Residential Sales LLC
| |
07/27/2022
|
1 Bed
|
1 Bath
|
-
|
$500,000
1 Bed
1 Bath
|
$580,387
+16.08%
11/01/2022
|
Harry DiOrio
Compass
| ||
02/01/2022
|
Studio
|
1 Bath
|
-
|
$425,000
Studio
1 Bath
|
$425,000
06/21/2022
|
Alyssa Brody
THE DEVELOPMENT MARKETING TEAM
| ||
06/10/2021
|
Studio
|
1 Bath
|
500 ft²
|
$359,000
Studio
1 Bath
500 ft²
|
$400,000
+11.42%
09/23/2022
|
-
|
James Kim
The Corcoran Group
| |
05/17/2021
|
Studio
|
1 Bath
|
-
|
$399,000
Studio
1 Bath
|
$400,000
+0.25%
05/10/2022
|
Mikhail Shusterman
Corcoran Group
| ||
11/04/2020
|
1 Bed
|
1 Bath
|
720 ft²
|
$639,000
1 Bed
1 Bath
720 ft²
|
$572,000
-10.49%
08/26/2021
|
Robert Herskovitz
Corcoran Group
| ||
10/06/2020
|
Studio
|
1 Bath
|
550 ft²
|
$385,000
Studio
1 Bath
550 ft²
|
$401,000
+4.16%
03/26/2021
|
Duncan Lonsdale
Corcoran Group
| ||
09/30/2020
|
1 Bed
|
1 Bath
|
-
|
$649,000
1 Bed
1 Bath
|
$550,000
-15.25%
08/12/2021
|
Azad Zubair
Sothebys International Realty
| ||
08/30/2020
|
Studio
|
1 Bath
|
-
|
$384,000
Studio
1 Bath
|
$365,000
-4.95%
10/12/2021
|
-
|
Harriet M. Norris
Douglas Elliman Real Estate
| |
01/19/2020
|
1 Bed
|
1 Bath
|
-
|
$675,000
1 Bed
1 Bath
|
$620,000
-8.15%
06/23/2020
|
Danielle Nazinitsky
Compass
| ||
09/02/2019
|
Studio
|
1 Bath
|
560 ft²
|
$499,000
Studio
1 Bath
560 ft²
|
$390,000
-21.84%
08/11/2020
|
Robert Herskovitz
Corcoran Group
| ||
05/30/2018
| |
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
-
|
09/25/2017
|
Studio
|
1 Bath
|
550 ft²
|
$499,000
Studio
1 Bath
550 ft²
|
$499,000
02/27/2018
|
Robert Herskovitz
Corcoran Group
| ||
04/17/2017
|
1 Bed
|
1 Bath
|
650 ft²
|
$749,000
1 Bed
1 Bath
650 ft²
|
$699,000
-6.68%
10/18/2018
|
-
|
Robert Herskovitz
The Corcoran Group
| |
04/03/2017
|
1 Bed
|
1 Bath
|
700 ft²
|
$699,000
1 Bed
1 Bath
700 ft²
|
$669,500
-4.22%
06/20/2017
|
Mert Basol
Anita Fischer Realty, LLC
| ||
03/24/2017
|
Studio
|
1 Bath
|
550 ft²
|
$475,000
Studio
1 Bath
550 ft²
|
$490,000
+3.16%
06/29/2017
|
Danielle Nazinitsky
Compass
| ||
03/13/2017
|
1 Bed
|
1 Bath
|
700 ft²
|
$649,000
1 Bed
1 Bath
700 ft²
|
$635,000
-2.16%
08/08/2017
|
Robert Herskovitz
Corcoran Group
| ||
03/13/2017
|
1 Bed
|
1 Bath
|
700 ft²
|
$640,000
1 Bed
1 Bath
700 ft²
|
$630,000
-1.56%
05/30/2017
|
Harriet Botwinick
Brown Harris Stevens Residential Sales LLC
| ||
04/12/2016
|
1 Bed
|
1 Bath
|
-
|
$569,000
1 Bed
1 Bath
|
$546,000
-4.04%
10/05/2016
|
Catherine Spencer
Fox Residential Group Inc
| ||
03/21/2016
|
1 Bed
|
1 Bath
|
700 ft²
|
$625,000
1 Bed
1 Bath
700 ft²
|
$625,000
08/10/2016
|
Maggie Marshall
Douglas Elliman Real Estate
| ||
03/17/2016
|
1 Bed
|
1 Bath
|
560 ft²
|
$468,000
1 Bed
1 Bath
560 ft²
|
$468,000
07/12/2016
|
Geoffrey Pantone
Compass
| ||
03/01/2016
|
Studio
|
1 Bath
|
550 ft²
|
$469,000
Studio
1 Bath
550 ft²
|
$455,000
-2.99%
07/26/2016
|
CHRIS ZHOU
Mont Sky Real Estate LLC
| ||
02/16/2016
|
3 Bed
|
2 Bath
|
-
|
$2,250,000
3 Bed
2 Bath
|
$1,550,000
-31.11%
08/10/2017
|
-
|
Susan Silverman
The Corcoran Group
| |
11/16/2015
|
Studio
|
1 Bath
|
550 ft²
|
$419,000
Studio
1 Bath
550 ft²
|
$417,000
-0.48%
03/15/2016
|
Robert Herskovitz
Corcoran Group
| ||
09/28/2015
|
3 Bed
|
2 Bath
|
1500 ft²
|
$2,495,000
3 Bed
2 Bath
1500 ft²
|
-
-
|
-
|
Robert S Herskovitz
Corcoran Group
| |
09/18/2015
|
Studio
|
1 Bath
|
450 ft²
|
$374,000
Studio
1 Bath
450 ft²
|
$345,000
-7.75%
03/01/2016
|
- Private -
|
Matthew Berkson
Berkson Group, The
| |
09/08/2015
|
Studio
|
1 Bath
|
560 ft²
|
$415,000
Studio
1 Bath
560 ft²
|
$427,000
+2.89%
03/16/2016
|
Robert Herskovitz
Corcoran Group
| ||
07/27/2015
|
1 Bed
|
1 Bath
|
-
|
$569,000
1 Bed
1 Bath
|
-
-
|
-
|
Catherine Spencer
Fox Residential Group Inc
| |
06/02/2015
|
Studio
|
1 Bath
|
550 ft²
|
$415,000
Studio
1 Bath
550 ft²
|
$415,000
10/13/2015
|
Jeffrey Liebowitz
Corcoran Group
| ||
02/03/2015
|
1 Bed
|
1 Bath
|
-
|
$735,000
1 Bed
1 Bath
|
-
08/26/2015
|
Leslie Penny
Halstead dba Brown Harris Stevens Residential Sales LLC
| ||
05/15/2015
|
Studio
|
1 Bath
|
550 ft²
|
$425,000
Studio
1 Bath
550 ft²
|
-
-
|
-
|
Brian Logvinsky
Prudential Douglas Elliman Real Estate
| |
05/04/2015
|
3 Bed
|
2 Bath
|
1600 ft²
|
$1,990,000
3 Bed
2 Bath
1600 ft²
|
-
-
|
-
|
Robert S Herskovitz
Corcoran Group
| |
03/11/2015
|
Studio
|
1 Bath
|
550 ft²
|
$485,000
Studio
1 Bath
550 ft²
|
$495,000
+2.06%
06/30/2015
|
Beau Nova
R New York
| ||
03/09/2015
|
Studio
|
1 Bath
|
550 ft²
|
$419,000
Studio
1 Bath
550 ft²
|
$419,000
07/14/2015
|
Brian Logvinsky
Douglas Elliman Real Estate
| ||
12/08/2014
|
2 Bed
|
2 Bath
|
-
|
$995,000
2 Bed
2 Bath
|
$990,000
-0.50%
10/14/2015
|
Cybele Kadagian
Douglas Elliman Real Estate
| ||
04/09/2014
|
Studio
|
1 Bath
|
-
|
$430,000
Studio
1 Bath
|
$430,000
07/15/2014
|
Brian Logvinsky
Douglas Elliman Real Estate
| ||
09/25/2013
|
1 Bed
|
1 Bath
|
700 ft²
|
$499,000
1 Bed
1 Bath
700 ft²
|
$472,000
-5.41%
03/26/2014
|
Robert Herskovitz
Corcoran Group
| ||
04/10/2013
|
Studio
|
1 Bath
|
-
|
$399,000
Studio
1 Bath
|
$345,000
-13.53%
12/04/2013
|
Craig Roth
Next Stop NY
| ||
03/07/2013
|
3 Bed
|
4 Bath
|
-
|
$2,495,000
3 Bed
4 Bath
|
-
-
|
-
|
Emma Kerins
Brown Harris Stevens Residential Sales LLC
| |
05/20/2010
|
Studio
|
1 Bath
|
550 ft²
|
$360,000
Studio
1 Bath
550 ft²
|
$360,000
11/17/2010
|
Keith Marder
Brown Harris Stevens Residential Sales LLC
|
Building Info
- 109 Units
- 2 Units for Sale
