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Plaza 56 Associates

315 East 56th Street, New York, NY 10022
2 Units For Sale
Unit for sale at 315 E 56TH Street, Manhattan, NY 10022

$349,000

  • Studio
  • 1 Bath
315 E 56TH Street #4J, Manhattan, NY 10022 Listing by Serjik Markarian

Unit for sale at 315 E 56th Street, Manhattan, NY 10022

$535,000

  • 1 Bed
  • 1 Bath
315 E 56th Street #1G, Manhattan, NY 10022 Listing by Carlos Aldana

Plaza 56 Associates is a Co-op located 315 East 56th Street, in Sutton Place, New York. The building was first built in 1950 and is 74 years old. It was first renovated and altered in 1985. The lot that the building was built on is 114 feet wide and 100 feet long. The official lot area is listed as 10,291 square feet. The building itself is 114 feet wide and 70 feet long. In total, 315 East 56th Street has a total floor area of 45,000 square feet. Of that, 45,000 square feet are used for residential purposes. There are a total of 55 units. Of those, 55 are residential units. 315 East 56th Street has a total of 6 floors.

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. There are 30 closings on record, of which we have matching data for 9 listings. In the past 3 years, a listing in this building will typically remain on the market for about 113 days The transaction that took the longest to complete was unit 6F, listed on Jan 06, 2022 for $550,000. This particular unit ultimately sold 215 days later for $510,000. The most recent transaction was for unit 5J, which was first advertised on Jul 12, 2022, sold for $345,000 on Jan 26, 2023. Fun fact, the oldest transaction we have on record took place on Jan 27, 1976. See the full transaction history for Plaza 56 Associates below.

Sutton Place, where 315 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 $530,000. For interested buyers, that means the building's median asking price is around 0.29% 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 2 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 $535,000. It is a 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $349,000. It is a studio and 1 bathroom unit. A breakdown of active listings shows 1 studio, 1 one-bedroom, units for sale! The median price of all the active units for sale in the building is $442,000. Active units for sale at 315 East 56th Street have a median count of 0.5 bedrooms and have a median count of 1 bathroom.

Building Features

Pet Policy

Dogs Allowed / Cats Allowed

Facilities

Laundry Room

Accessibility

Elevators
This property description is generated based on publicly available data.

7 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221003 Unit GRA
10/03/2022
GRA
2 Bed
1 Bath
-
$599,000
bedrooms
2 Bed
bathrooms
1 Bath
$600,000 +0.17%
12/20/2022
Brian McDonough
Compass
20220817 Unit 6A
08/17/2022
6A
1 Bed
1 Bath
-
$539,000
bedrooms
1 Bed
bathrooms
1 Bath
$525,000 -2.60%
11/01/2022
Cigdem Gokay
Reuveni LLC
20220712 Unit 5J
07/12/2022
5J
Studio
1 Bath
-
$400,000
bedrooms
Studio
bathrooms
1 Bath
$345,000 -13.75%
01/26/2023
Robert Varvara
Compass
20220613 Unit 6H
06/13/2022
6H
1 Bed
1 Bath
-
$495,000
bedrooms
1 Bed
bathrooms
1 Bath
$510,000 +3.03%
09/09/2022
Shlomi Reuveni
Reuveni LLC
20220308 Unit 4F
03/08/2022
4F
1 Bed
1 Bath
-
$550,000
bedrooms
1 Bed
bathrooms
1 Bath
$510,500 -7.18%
06/29/2022
Brian McDonough
Compass
20220211 Unit 5C
02/11/2022
5C
1 Bed
1 Bath
-
$550,000
bedrooms
1 Bed
bathrooms
1 Bath
$540,000 -1.82%
05/04/2022
Steve Dawson
Compass
20211001 Unit 5E
10/01/2021
5E
1 Bed
1 Bath
-
$625,000
bedrooms
1 Bed
bathrooms
1 Bath
$543,172 -13.09%
02/23/2022
Steve Dawson
Compass

Building Info

Overview

    General

  • Year Built: 1950
  • First Altered Year: 1985
  • Building Count: 1
  • Floor Count: 6
  • Total Unit Count: 55
  • Residential Unit Count: 55
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 10,291
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 114
  • Building Depth: 70
  • Building Frontage: 114
  • Gross Building Area: 45,000

    Building Floor Area

  • Residential Building Floor Area: 45,000

    Floor Area Ratio

  • Built Floor Area Ratio: 4
  • Residential Floor Area Ratio: 6
  • Facilities Floor Area Ratio: 7

Building

  • Building Type: D4
  • Lot Type: 5
  • Land Use: 03
  • Irregular Lot Code: Y
  • Proximity Code: 3
  • Extension Code: N

Neighborhood

  • Community District: 106
  • City Council District: 5
  • Police Precinct: 17
  • Fire Company: E008
  • Health Area: 4900
  • Sanitation District Borough: 1
  • Sanitation Subsection: 3B
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R8

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 1349
  • Lot: 9
  • Borough Block Lot: 1013490009

    Address

  • Full Address: 315 East 56 Street
  • Zip Code: 10022

Valuation

    Assessments Valuation

  • Assessed Total Value: $4,216,500
  • Assessed Land Value: $1,156,500

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

About Midtown Manhattan




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Frequently Asked Questions

What neighborhood is 315 East 56th Street located in?
The 315 East 56th Street is a Co-op located in the neighborhood of Sutton Place in Midtown Manhattan, New York.
How many listings are currently for sale in 315 East 56th Street?
There are two listings currently on the market for sale.
What is the average sales price for listings in 315 East 56th Street?
The average sales price for units in 315 East 56th Street is $530,000 currently.

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