Cooperative · 1962
136 East 56th Street
136 East 56th Street, New York, NY 10022
Buildings·Cooperative

136 East 56th Street

136 East 56th Street, New York, NY 10022

At a glance
Year built
1962
Type
Cooperative
Landmark
No
The Data Room

Every recorded sale at this building, 2003–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$891
Listing discount
4.2%
Recorded sales
86
On record
2003–2026

136 East 56th Street is the kind of post-war cooperative that does its work quietly: a well-run, full-service building on a central Midtown East block, refreshed with a new limestone façade and ongoing capital improvements, and governed by a board notably more flexible than the Midtown norm. Completed in 1962, the 16-story building offers what a great many buyers actually want — a doorman, central air, a sensible maintenance structure, and a location at the dead center of the East Side — without the rigidity that makes co-op ownership a hard sell for some.

Its case is practical rather than architectural. This is a cooperative built for everyday Manhattan living, a short walk from the office cores of Midtown, the Bloomingdale's and Lexington Avenue retail corridor, and the transit that radiates from 59th Street and Lexington. The new limestone façade gives the building a more contemporary, upgraded street presence than its 1962 vintage would suggest, and the board's accommodating policies broaden its appeal considerably.

For a buyer, the appeal is specific: a full-service co-op with a flexible board — pets, pieds-à-terre, co-purchasing, guarantors, and parental purchases all permitted — in one of the most convenient corners of Manhattan.

Architecture and unit composition

136 East 56th Street is a post-war elevator apartment house, its 1962 brick frame refaced with a new limestone façade that lends the building a cleaner, more current presence on the block. The 16-story structure delivers the efficient, light-oriented layouts characteristic of its era, with central air conditioning throughout — a meaningful comfort feature that not every co-op of this vintage offers.

The 147 residences span a range of studio through multi-bedroom layouts, with the building's penthouse-tier homes offering the best light and outlook over the surrounding Midtown blocks. The post-war floor plans favor practicality and efficiency, and renovation condition varies across the building — a key value variable for buyers, since updated homes command a premium over those awaiting work.

Building operations

136 East 56th Street runs as a full-service cooperative. A 24-hour doorman staffs the lobby, with central air conditioning, a bike room, and storage among the building's features, and ongoing capital improvements — including the new limestone façade — reflecting a well-managed building. The board is notably accommodating for the neighborhood: pets are welcome, and the cooperative permits pieds-à-terre, co-purchasing, guarantors, and parental purchases, all subject to board approval. Financing of up to 80 percent is permitted. Subletting is allowed after two years of ownership. A flip tax of 2.25 percent applies and is paid by the purchaser. The location places residents within a short walk of the 4/5/6, N/R/W, and E/M trains and the Midtown commercial core.

Local Law 97

Carbon-penalty exposure
🟠
Material — penalties in current period, escalating in 2030
2024–2029 annual penalty
$16,819/yr
2030–2034 annual penalty
$148,393/yr
Per unit / month range
$10 – $84
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

Safe to live in today — but the last inspection flagged repairs that are due on a deadline, so facade work and its cost are coming. Whether that’s a real concern depends on the scope, the timing, and how the building plans to pay for it — reserves or an assessment — which is exactly what we’d dig into for you.

Inspection history
2005–10
Safe
2010–15
SWARMP
2015–20
SWARMP
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2028
On record
$2,550 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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 →

Recent sales

Recent transfers 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.

DateUnitApartmentPricePPSFvs. Ask
Feb 25, 20264J
1 BR · 1 BA · 1,000 sf
$910,000$910/sf-5.2%
Feb 19, 20268H
2 BR · 1 BA
$790,000-4.2%
Feb 3, 202616B
2 BR · 2 BA
$1,380,000-1.1%
Jan 29, 2026PHB
2 BR · 2 BA · 1,165 sf
$1,315,000$1,129/sf-5.7%
Aug 27, 202514C
2 BR · 2 BA · 1,500 sf
$1,575,000$1,050/sf+5.4%
May 29, 20259D
3 BR · 2 BA · 1,475 sf
$1,150,000$780/sf-4.2%
May 21, 20254EF
3 BR · 2.5 BA · 1,500 sf
$1,595,000$1,063/sfoff-mkt
Sep 24, 2024PHD
1 BR · 1 BA · 950 sf
$900,000$947/sf-2.7%

Market read. Most recent trades (2026) cleared a median $891/sf across 1 sale. Median listing discount 4.2% 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.

15D · 1,100 sf+105%
$537,000 ($488/sf) 2004$1,100,000 ($1,000/sf) 2022
16B+90%
$725,000 2004$913,000 2013$1,380,000 2026
2J · 1,000 sf+57%
$620,000 ($620/sf) 2005$725,000 ($725/sf) 2013$975,000 ($975/sf) 2017
6D+38%
$945,000 2005$1,300,000 2008
14F+34%
$895,000 2005$1,200,000 2022

Other recent transfers

DateUnitPrice
Nov 9, 20226B$1,155,000
Jan 13, 20175C$525,000
Jul 6, 20167D$550,000
Mar 25, 20164K$775,000
Mar 8, 20124N$522,000
Apr 20, 20066G$749,000
View all 86 recorded transfers, sortable

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 1-01310-0059) 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 on co-ops is not officially recorded, figures shown are approximate.

What to know if you’re buying

136 East 56th Street is a value-and-flexibility purchase. The central Midtown East location, the full-service operation, and — above all — the board's accommodating posture are the central reasons to buy here. Financing to 80 percent is permitted, pets are welcome, and pieds-à-terre, co-purchasing, guarantors, and parental purchases are all accommodated — a flexibility that distinguishes the building from many of its co-op peers. Subletting is permitted after two years, with a corporate sublet fee that buyers planning to rent should factor in.

Buyers should plan for a 2.25 percent flip tax paid by the purchaser at closing, and budget for the cooperative's standard board package and interview. Within the building, renovation condition, floor, and light drive value most; updated higher-floor homes command the premium. For a buyer who wants a flexible, well-located full-service co-op at an accessible price, 136 East 56th Street is among the more practical options on the corridor.

What to know if you’re selling

The board's flexibility and the central location are the marketing core. A 136 East 56th Street resale leads with the accommodating policies — pets, pieds-à-terre, co-purchasing, guarantors, parental purchases, and 80 percent financing — which broaden the buyer pool meaningfully, along with the full-service operation, the new limestone façade, and central air. Benchmark to Midtown East's full-service cooperative inventory, and foreground renovation, floor, and outlook where the home has them.

Cooperative resales clear through a board package and interview, and the 2.25 percent purchaser-paid flip tax is a closing-cost consideration for the buyer rather than the seller. The building's accommodating posture and central location keep demand broad — a genuine advantage in marketing. Well-renovated and higher-floor homes stand out within a large and active building.

Comparable buildings

If you're considering 136 East 56th Street, the relevant set is Midtown East and Sutton-area full-service inventory:

The Roebling Team at 136 East 56th Street

The Roebling Team at Compass specializes in Midtown East, Sutton Place, and the broader full-service cooperative market of the East Side. We publish this profile because a flexible, well-run co-op like 136 East 56th Street rewards a careful read — board policy, renovation, and floor all factor into value here — and buyers and sellers deserve building-specific intelligence.

If you're considering a purchase or sale at 136 East 56th Street, a 30-minute consultation is the right starting point.

Considering a move at 136 East 56th Street?

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com