For Sale · Listing by Compass
111 E 56th Street #1108
Midtown East, Manhattan
$850,000
111 E 56th Street #1108
MLS® #RLS20056566
Listing by Compass
Open House Scheduled
Sunday, November 8 • 12:00 PM – 2:00 PM
REBNY 2025: signed Buyer Representation Agreement required before any showing.
- 1
- Bedroom
- 1
- Bath
- N/A
- Sq. Ft.
- 1927
- Year Built
Quick Summary
Property Highlights
- Character: Pre-war building (1927)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 24, 2025 | $800,000 | - |
| Price Reduced | Sep 17, 2026 | $550,000 | -31.3% |
| Currently | Nov 5, 2026 | $850,000 | +54.5% |
Recent Sales in This Building
What other apartments here closed for in the last three years, as reported to the REBNY Listing Service (RLS).
| Closed | Unit | Beds | Sold For | Per Sq Ft |
|---|---|---|---|---|
| Sep 9, 2026 | Unit 39-L | 2 BR | $3,175,000 | $2,655 |
| Sep 1, 2026 | Unit 41K | 2 BR | $4,250,000 | $2,993 |
| Jun 12, 2026 | Unit 37B | 1 BR | $1,880,000 | $2,713 |
Description
Short-Term Rental Friendly | Zero Vacancies | Prime Investment Spacious, Sunlit One-Bedroom in a Premier Midtown Location Flooded with natural light and defined by its high ceilings, Residence 1108 at 111 East 56th Street is an exceptional one-bedroom home offering scale, serenity, and sophistication in the heart of Midtown East. A gracious entry leads into an expansive living and dining area, beautifully framed by oversized windows that capture light throughout the day. The high ceilings create an airy, while the generous proportions easily accommodate both living and entertaining. The well-appointed kitchen is smartly designed for efficiency and style, complemented by ample cabinetry and counter space. The large bedroom offers excellent storage and a peaceful retreat from the city below. Located between Park and Lexington Avenues, 111 East 56th Street is a full-service, white-glove cooperative with 24-hour doorman, concierge, elevator, laundry facilities, and on-site management. The building welcomes pied-à-terre ownership, making it ideal as a primary residence or a sophisticated city home. Moments from Central Park, MoMA, Fifth Avenue shopping, and Midtown’s finest dining, Apartment 1108 pairs prewar charm with modern comfort — a rare combination in one of Manhattan’s most convenient and distinguished neighborhoods. Flip Tax: 2% paid by the seller
Features & Amenities
Interior Features
Building Amenities
Building Information
Financial Details
About Midtown East
View All Midtown East ListingsMidtown East is a dynamic hub that is the gateway to Manhattan for many. Home to iconic landmarks like Grand Central Terminal and the Chrysler Building, the neighborhood offers unparalleled convenience for commuters and professionals. The residential landscape is a mix of high-rise luxury towers and historic side-street cooperatives, providing a wide array of options for those who want to be at the center of the city's energy.
Midtown East Live Market Data
View NeighborhoodActive Listings
240
Median Asking Price
$1.58M
Median $/Sqft
$1,722
Avg Days on Market
N/A
New This Week
7
Price Reduced
24%
Sold (30 Days)
12
Median Sale Price
$1.70M
Live data from RLS at REBNY • Updated 11/5/26, 2:53 AM EST
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Location
111 E 56th Street #1108, Midtown East, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $6,083.94 per month. Confirm the exact amount with Milton Coste before making an offer.
The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.
This property has 1 bedroom and 1 full bathroom.
According to MLS records, the building was constructed in 1927, making it approximately 99 years old.
This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.
Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.
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) 416-7433Listing Courtesy of Compass - Karen L Kelley
Listing Contact: (917) 952-7732
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.
How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works
RLS Data display by Keller Williams NYC. Data last updated on 11/5/2026 at 7:53 AM UTC
See it in person
Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 111 E 56th Street #1108
At $850,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
Interested in this property?
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What happens next
- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
Your info is secure and never shared.
You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.
Midtown East Market Update
12 sales last 30 days · $1.58M median · 20 months supply
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Quick Facts
Monthly Costs Estimate
$170,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
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