126 EAST 56 STREET
BBL 1013100063 · Class O4 · Built 1982 · 33 floors · 53 units · T56 OWNERS, LLC
126 EAST 56 STREET is a property in New York City zoned C5-2. The C5-2 classification is Commercial C5-2. The structure was built in 1982. It has 33 floors. The building contains 171,591 square feet. Built FAR is 28.48 of 10 maximum allowed. Assessed value is $37,119,600. Last sold for $113,000,000 in May 2023. Located in Council District 4.
You can build 60K sf as-of-right. The lot uses 285% of it today.
Governing use: residential at FAR 10.00 on a 6,025 sqft lot. As-of-right means no rezoning, no variance — figures from PLUTO; verify with a zoning attorney before you underwrite.
The envelope, itemized
Every time the city discussed this parcel
No development cases on file for this parcel
When a ULURP, BSA, or landmark application touches this lot, it appears here with its full hearing trail.
Ownership chain
7 recorded transfers| Date | Type | Price | From → To |
|---|---|---|---|
| May 2, 2023 | DEED | $113,000,000 | TOWER 56 REAL ESTATE OWNER, L.L.C.→T56 OWNERS, LLC |
| Sep 23, 2008 | DEED | $158,000,000 | TOWER 56 OWNER, LLC→TOWER 56 REAL ESTATE OWNER, L.L.C. |
| Feb 13, 2007 | DEED | $178,521,008 | EOP-TOWER 56, L.L.C.→TOWER 56 OWNER, LLC |
| Aug 5, 1998 | DEED | — | CSTONE-NEW YORK INC→CORNERSTONE NEW YORKLLC |
| May 10, 1996 | DEED | — | TOWER 56 PARTNERS→CSTONE-NEW YORK INC. |
| Jun 9, 1981 | DEED | — | NEW YORK GASLIGHT CLUB→56 & PARK PROPERTIES |
| May 25, 1978 | DEED | — | COMMISSIONER OF FINANCE NY→CITY OF NEW YORK |