112 West 56th Street
112 West 56th Street, New York, NY 10019
Theater District
BBL 1010087501 · BIN 1023398
- Year built
- 1980
- Type
- Condominium
- Landmark
- No
Every recorded sale at this building, 2004–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,006
- Listing discount
- 3.9%
- Recorded sales
- 50
- On record
- 2004–2026
Le Premier is a 32-story condominium tucked mid-block on West 56th Street, a single block south of Central Park and the Central Park South frontage — close enough to walk to the park in two minutes, far enough off the avenues to keep the quiet that buyers on this corridor pay for. It went up in 1980 and converted to condominium ownership in 1983, which makes it one of the earlier purpose-built condominiums in a part of Midtown otherwise dominated by pre-war co-ops and hotels.
The building's defining decision is its density: only two apartments per floor across 32 stories, fifty homes in all. That layout buys privacy most Midtown towers cannot — semi-private elevator landings finished in marble, no long double-loaded corridors, and the practical effect of a boutique building wrapped in a full-service high-rise. For a buyer who wants a condominium near the park without the scale of a 200-unit tower or the board scrutiny of a co-op, Le Premier occupies a specific and useful niche.
Building operations
Le Premier runs as a full-service condominium: an attended lobby with a full-time doorman, resident storage, and the lighter governance that condominium ownership implies. As a condominium, purchases clear through a right-of-first-refusal rather than a co-op board package and interview, and financing is not subject to the percentage caps common at the surrounding cooperatives. Pied-à-terre use, trust and LLC ownership, and pets are customary at condominiums of this type, and subletting is materially freer than at a co-op — the structural advantages that draw buyers who want flexibility a block from the park.
Local Law 97
- 2024–2029 annual penalty
- $71,999/yr
- 2030–2034 annual penalty
- $148,480/yr
- Per unit / month range
- $120 – $247
Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Management & transfer contacts
- Notable fees
- Min Down Payment: 10%
Recent sales
Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Apr 17, 2026 | 24S | 2 BR · 2.5 BA · 1,600 sf | $1,680,000 | $1,050/sf | -0.6% |
| Oct 31, 2025 | 30S | 2 BR · 2.5 BA · 1,590 sf | $1,690,000 | $1,063/sf | +0.0% |
| Jul 10, 2024 | 19N | 2 BR · 2.5 BA · 1,700 sf | $1,710,000 | $1,006/sf | -4.7% |
| Dec 16, 2022 | 24S | 2 BR · 2.5 BA · 1,600 sf | $1,680,000 | $1,050/sf | -11.0% |
| Dec 2, 2022 | 16N | 2 BR · 2.5 BA · 1,700 sf | $1,625,000 | $956/sf | -1.5% |
| Oct 21, 2022 | 29S | 2 BR · 2.5 BA · 1,589 sf | $1,625,000 | $1,023/sf | -7.1% |
| Sep 26, 2022 | 19S | 2 BR · 2.5 BA · 1,700 sf | $1,650,000 | $971/sf | -2.8% |
| Oct 25, 2021 | 24N | 2 BR · 2.5 BA · 1,700 sf | $1,675,000 | $985/sf | -11.8% |
Market read. Most recent trades (2026) cleared a median $1,006/sf across 1 sale. Median listing discount 3.9% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01008-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What to know if you’re buying
The appeal is the package: a condominium, near the park, with real privacy. Financing is flexible — no co-op financing cap. There is no board admissions process — a right-of-first-refusal, not an interview. Pied-à-terre, LLC, and trust ownership are customary, and subletting is far freer than at the pre-war co-ops nearby. Pay attention to exposure and floor: north-facing and higher homes carry the park-view premium, and the two-per-floor plan means each line lives differently. We help buyers read the resale history line by line and weigh Le Premier against both the condominium and co-op inventory within a few blocks.
What to know if you’re selling
Lead with the structure and the location. A condominium one block from Central Park, with two-per-floor privacy and the financing and sublet flexibility co-ops can't offer, is a distinct product — and the right buyer is the one priced out of, or unwilling to go through, a pre-war board. Benchmark to the corridor's condominiums, not to the co-ops, which trade on different terms. Scarcity works in the seller's favor: with fifty homes and few resales, a well-presented listing competes against very little comparable supply, and the right-of-first-refusal keeps the closing path faster and more predictable than a co-op board process.
Comparable buildings
If you're weighing Le Premier, also look at the Central Park South corridor's other full-service options:
- 112 Central Park South — pre-war co-op directly on the park
- 50 Central Park South — luxury tower fronting the park
- 150 West 56th Street — full-service Midtown high-rise on the same block
- 100 West 58th Street — co-op a block north
- 10 West 55th Street — Midtown co-op nearby
- 146 West 57th Street — full-service tower on the next corridor north
Considering a move at Le Premier?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Le Premier would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.