140 E 56th Street Condominium

140 E 56th Street Condominium is a condo located 140 East 56th Street, in Midtown East, New York. The building was first built in 1956 and is 68 years old. The lot that the building was built on is 100 feet wide and 145 feet long. The official lot area is listed as 14,560 square feet. In total, 140 East 56th Street has a total floor area of 144,569 square feet. Of that, 115,065 square feet are used for residential purposes. About 29,504 square feet of the building are used for commercial purposes. Additionally, the building has a 15,173 square feet garage. There are a total of 162 units. Of those, 156 are residential units. There are 6 commercial units. 140 East 56th Street has a total of 16 floors. Thankfully, the building is equipped with elevator service.

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! If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 234 closings on record, of which we have matching data for 22 listings. In the past 3 years, a listing in this building will typically remain on the market for about 128 days and tend to sell below the original asking price of $690,000 by 9.99%. Meaning, listings tend to sell at a median of $1,109 price per square foot. The transaction that took the longest to complete was unit 9A, listed on Jun 18, 2020 for $634,000. This particular unit ultimately sold 335 days later for $530,000. The most recent transaction was for unit 3F, sold for $1,450,000 on Jan 05, 2024. Fun fact, the oldest transaction we have on record took place on Mar 28, 1985. See the full transaction history for 140 E 56th Street Condominium below.

Midtown East, where 140 East 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 $690,000. For interested buyers, that means the building's median asking price is around 0.66% 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 4 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 $885,000. It is a 700 sqft 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $639,000. It is a 515 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 1 studio, 3 one-bedroom, no 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 $762,500. Collectively, the median square footage of these active units for sale is 608 sqft. Active units for sale at 140 East 56th Street have a median count of 1 bedrooms and have a median count of 1 bathroom.