Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
111 W 56th Street #38K

For Sale · Listing by Sothebys International Realty

111 W 56th Street #38K

Midtown, Manhattan

$1,925,000

Interested in this property?
Active For Sale Condo

$1,925,000

$2,758 per sq ft

111 W 56th Street #38K

Midtown, Manhattan

ONE11 Residences

MLS® #RLS20112180

RLS at REBNY

Listing by Sothebys International Realty

1
Bedroom
1
Bath
698
Sq. Ft.
2022
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 698 sq ft
Lot Size 22,088 sq ft
Year Built 2022
Ownership Condo
HOA/Common Charges $1,582/mo
Property Taxes $12,852/yr
Neighborhood Midtown
Floor 37 of 42

Property Highlights

  • Views: City, Park Greenbelt
  • Exposure: North facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full
Floor 37 of 42
View City, Park Greenbelt
Exposure North
Cooling Central Air
Pets Yes
Year Built 2022
Living Area 698 sq ft
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Lot Size 22,088 sq ft
Block/Lot 01009/0019

Listing History

Event Date Price Change
Listed Sep 1, 2026 $1,925,000 -
Currently Sep 1, 2026 $1,925,000 -

Description

Perched high above Midtown, Residence 38K at ONE11 Residences offers a refined one-bedroom home framed by striking views toward Central Park and the surrounding Manhattan skyline. Designed by acclaimed interior architect Thomas Juul-Hansen, the 698+/- square-foot residence pairs warm natural materials with crisp contemporary detailing and an open layout designed to make the most of its light and outlook. Floor-to-ceiling windows immediately draw the eye across the city, bringing abundant natural light into the living room while creating a dramatic backdrop of glass towers, classic Manhattan architecture, and the greenery of Central Park beyond. Wide-plank 7-inch European oak flooring runs throughout the living spaces, lending warmth to the clean architectural palette. The open kitchen is both highly functional and beautifully integrated into the home. A substantial super-white quartzite island provides generous preparation and dining space, complemented by white oak cabinetry, paneled walls, bronze detailing, and tinted and fluted mirrored glass accents. The appliance package includes a Miele 24-inch induction cooktop, Miele speed oven, integrated 18-inch dishwasher and refrigerator/freezer, a Faber recirculating hood, and a Marvel wine refrigerator. The bedroom comfortably accommodates a Queen or King-sized bed and additional furnishings while maintaining a calm sense of openness. The bathroom is conceived as a private retreat, combining Greek Bianco Dolomiti stone with richly veined Turkish Fiore di Bosco stone across the walls and flooring. Waterworks Flyte fixtures, including a hand shower and rain head, complement the glass-enclosed shower, while an ICERA Muse iWash water closet adds another level of convenience and thoughtful design. Additional features include an in-residence Miele washer and condensing dryer and a four-pipe fan-coil HVAC system with zoned climate control for year-round comfort. Set above Thompson Central Park New York, ONE11 Residences combines private condominium living with the atmosphere and service of a sophisticated Manhattan hotel. Residents enjoy a 24-hour attended lobby, private residents' lounge, fitness center, private storage, onsite dining and bar offerings, and access to Thompson's concierge and lifestyle services —all just moments from Central Park, Fifth Avenue, Columbus Circle, Carnegie Hall, and some of Manhattan's most celebrated dining, shopping, and cultural destinations. 38K is being sold with two storage units. Pictures are virtually staged.

Features & Amenities

Interior Features

In Unit Flooring: Hardwood

Building Amenities

Elevators

Appliances

Dryer Washer Dryer Stacked Dishwasher Washer

Building Information

Financial Details

Common Charges $1,582/mo
RE Taxes $12,852/yr ($1,071/mo)

Midtown Manhattan is the city's primary commercial and transit hub, home to Grand Central Terminal, Rockefeller Center, Bryant Park, and the Empire State Building. The residential market features luxury condo towers, classic pre-war cooperatives, and postwar doorman buildings served by nearly every subway line in the system. Properties range from high-floor units with skyline panoramas to well-maintained co-ops along the tree-lined side streets east and west of Fifth Avenue.

Midtown Live Market Data

View Neighborhood

Active Listings

176

Median Asking Price

$2.00M

Median $/Sqft

$1,819

Avg Days on Market

N/A

New This Week

5

Price Reduced

32%

Sold (30 Days)

24

Median Sale Price

$1.45M

Live data from RLS at REBNY • Updated 9/1/26, 6:52 PM EST

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Location

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111 W 56th Street #38K, Midtown, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
5
Floors
R6
Zoning District

Tax & Assessment

Assessed Value: $96,604,200
Land Value: $1,575,000
Exemptions: $96,604,200

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 140,000 SF
Building Area: 460,000 SF
Built FAR: 3.29
Allowed FAR: 2.43

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,582 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $12,852, or roughly $1,071 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 698 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2022, making it approximately 4 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $1,925,000 for 698 sq ft, the asking price per square foot is approximately $2,758. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20112180
First Listed: 9/1/2026
On Market: 9/1/2026
Price Changed: 9/1/2026
Contract Date: 6/23/2026

Listing Courtesy of Sothebys International Realty - Bryan Baltimore

Listing Contact: (813) 323-4521

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 9/1/2026 at 10:52 PM UTC

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Midtown Market Update

24 sales last 30 days · $2.00M median · 7.3 months supply

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Quick Facts

Status Active Type Condo Neighborhood Midtown Borough Manhattan
County New York
Floor 37 of 42
Year Built 2022
First Listed 9/1/2026
Living Area 698 sqft
Common Charges $1,582/mo
Annual Tax $12,852

Monthly Costs Estimate

Down Payment 20%

$385,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $1,582
Est. Taxes $1,071
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$19,250

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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