Condominium · 1925
Carnegie Plaza
162 West 56th Street, New York, NY 10019

162 West 56th Street (Carnegie Plaza)

162 West 56th Street, New York, NY 10019

At a glance
Year built
1925
Type
Condominium
Units
66
Floors
17
Pets
Permitted (pet-friendly)
Subletting
Permitted under the condominium declaration (sublet- and investor-friendly)
Pied-à-terre
Allowed
The Data Room

Every recorded sale at this building, 2003–2025

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

Median $/sf
$1,085
Listing discount
3.9%
Recorded sales
74
On record
2003–2025

Carnegie Plaza is a Bing & Bing prewar condominium standing directly across from Carnegie Hall, three blocks from Central Park. Bing & Bing was among the most respected apartment-house developers of prewar Manhattan, and this 1925 building carries the firm's hallmarks: solid construction, a dignified red-and-brown-brick facade with decorative spandrels, and a one-story limestone base leading to a step-up lobby with concierge service. Converted to a condominium in 1986, it is one of the more architecturally serious buildings in its Midtown price band.

For buyers, the appeal is a full-service prewar condominium in a prime cultural-district location — Carnegie Hall, Columbus Circle, MoMA, and Central Park all within a short walk — with the flexibility a condominium provides. The building is explicitly pet-friendly, sublet-friendly, pied-à-terre-friendly, and investor-friendly, an unusually open policy set that widens the buyer pool.

Architecture and unit composition

The 17-story tower is faced in red-and-brown brick with decorative spandrels above a one-story limestone base. The lobby is a step-up space with concierge service, in keeping with the building's prewar dignity.

The condominium holds roughly 66 residential units. Recent pricing has run around a median of $1,117 per square foot over a three-year window, with more recent comparables averaging closer to $990 per square foot. Unit 602 sold for $799,999 (December 2024), with nearby sales spanning roughly $555K to $998K and one-bedroom listings around $650,000. Some apartments include in-unit washer/dryer.

Building operations

Carnegie Plaza operates as a full-service prewar condominium with a full-time doorman, a live-in superintendent, an elevator, central laundry, resident storage lockers, professional management, and garden/outdoor entertainment space. There is no garage and there are no balconies; on-site fitness is inconsistently reported across public sources and should be confirmed directly. The minimum down payment is 20%. Buyers should review reserves and any capital plans appropriate to a building of this age.

Recent sales

The building trades as a full-service prewar Midtown condominium — recent comparables averaging near $990 per square foot against a longer-run median around $1,117 — with the Bing & Bing pedigree, the Carnegie Hall address, and the open house-rule policies supporting demand. Its pet-, sublet-, pied-à-terre-, and investor-friendly stance makes it one of the more liquid buildings in its class.

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.

DateUnitApartmentPricePPSFvs. Ask
Dec 19, 20251101
1 BR · 1 BA · 567 sf
$580,247$1,023/sf-10.7%
Aug 26, 20251202
1 BR · 1 BA · 653 sf
$661,863$1,014/sf-11.2%
Jun 12, 2025606
1 BR · 1 BA · 754 sf
$880,000$1,167/sf-2.1%
May 2, 2025807
710 sf
$814,600$1,147/sfoff-mkt
Dec 9, 2024602
1 BR · 1 BA · 750 sf
$799,999$1,067/sfoff-mkt
Apr 3, 2024605
1 BR · 1 BA · 753 sf
$835,000$1,109/sf-9.7%
Mar 28, 20241507
1 BR · 1 BA · 710 sf
$780,000$1,099/sf-14.8%
Nov 29, 2022706
1 BR · 1 BA · 800 sf
$650,000$813/sf+4.8%

Market read. Most recent trades (2025) cleared a median $1,085/sf across 4 sales. 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.

1703 · 740 sf+80%
$610,000 ($824/sf) 2007$1,100,000 ($1,486/sf) 2014
1402 · 700 sf+40%
$640,000 ($914/sf) 2007$810,000 ($1,157/sf) 2008$897,700 ($1,282/sf) 2015
602 · 750 sf+39%
$575,000 2013$730,000 2018$799,999 ($1,067/sf) 2024
1003 · 1,027 sf+37%
$795,000 ($774/sf) 2003$790,000 ($769/sf) 2004$980,000 ($954/sf) 2011$1,090,000 ($1,061/sf) 2018
1102 · 725 sf+20%
$660,000 ($910/sf) 2006$620,000 ($855/sf) 2012$795,000 ($1,097/sf) 2014

Other recent transfers

DateUnitPrice
Jun 16, 20101205$985,000
View all 74 recorded sales, 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 1-01008-7502) 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 house rules are unusually open. Pet-friendly, sublet-friendly, pied-à-terre-friendly, and investor-friendly — verify the current specifics at offer stage.

Confirm the amenity list. Reports differ on whether an on-site fitness center is present — confirm directly during due diligence.

Diligence the prewar systems. A 1925 building warrants review of reserves, mechanicals, and any planned capital work.

Location is a durable asset. Carnegie Hall, Central Park, Columbus Circle, and MoMA are all a short walk away.

What to know if you’re selling

Lead with pedigree and location. Bing & Bing construction across from Carnegie Hall is a genuine story — tell it.

The open policies widen your pool. Investors, pied-à-terre buyers, and pet owners can all buy here — market accordingly.

Closing timelines are condo-fast. 30–45 days from contract to closing.

Comparable buildings

If you're considering 162 West 56th Street, also evaluate:

The Roebling Team at Carnegie Plaza

The Roebling Team at Compass publishes building-specific profiles because buyers and sellers deserve architecture, operational reality, and transactional mechanics — not generic market commentary. If you're considering a purchase or sale at 162 West 56th Street, a 30-minute consultation is the right starting point.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Central Park South — read The Roebling Team Guide to Central Park South.

Considering a move at Carnegie Plaza?

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