- Year built
- 1881
- Type
- Condominium
- Amenities
- Doorman, elevator and intercom
- Landmark status
- Not an individual landmark; in the SoHo-Cast Iron Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
- Leasing by owners
- Permitted
- Pied-à-terre
- Permitted
- Pets
- Pets permitted; species and limits not stated
- Washer/dryer
- Permitted
- Flip tax
- 0.5% of the purchase price, paid by the seller
- Doorman
- Doorman (hours not stated)
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 56 Crosby Street 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.
About the building
56 Crosby Street occupies a nineteenth-century commercial building extending through to Broadway. Lamb & Wheeler designed the structure in 1881–1882; Surtsey Realty Corporation converted it to condominium ownership in 2000. On Crosby Street, red brick, tall windows, curved iron fire escapes and a bracketed cornice preserve its commercial character. The Broadway frontage contains a substantial separately owned retail space, while the residential entrance is on Crosby Street.
The apartments are large lofts with broad living rooms, tall ceilings and widely spaced structural columns. Some interiors retain Corinthian-style column capitals and arched brickwork. Conventional loft floors and larger penthouse configurations coexist, with private outdoor space in the upper homes. Ceiling heights vary considerably, from roughly twelve feet to substantially taller upper-level spaces. Renovations and combinations have produced different room arrangements within the original commercial floor plates.
Application and transaction fees
Fees below are from building management's published schedule, as of July 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
- Terms
- 0.5% of the purchase price
- Rate
- 0.5% of the purchase price
- Paid by
- Seller
Source: building management's published schedule, as of July 2026
Purchase
6 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Credit Authorization FeePer applicant | Paid by Buyer | When With the application | Amount $20 (per applicant) | Refundable Not stated |
| Move-in/move-out fee | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Processing Fee | Paid by Buyer | When With the application | Amount $700 | Refundable Not stated |
| Move-in/move-out fee | Paid by Seller | When With the application | Amount $500 | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-in/move-out deposit | Paid by Buyer | When Before closing | Amount $1,000 | Refundable Refundable |
| Move-in/move-out deposit | Paid by Seller | When Before closing | Amount $1,000 | Refundable Refundable |
Rental or lease
7 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Leasing FeeRecurring | Paid by Landlord | When With the application | Amount Equal to 5% of the annual rent | Refundable Not stated |
| Move out fee | Paid by Landlord | When With the application | Amount $500 | Refundable Not stated |
| Application Processing Fee | Paid by Tenant | When With the application | Amount $450 | Refundable Non-refundable |
| Credit Report FeePer applicantRequired | Paid by Tenant | When With the application | Amount $20 per applicant | Refundable Non-refundable |
| Move in fee | Paid by Tenant | When With the application | Amount $500 | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out Deposit | Paid by Landlord | When Upon approval | Amount $1,000 | Refundable Refundable |
| Move in Deposit | Paid by Tenant | When Upon approval | Amount $1,000 | Refundable Refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Financing and purchase requirements
- Guarantors
- PermittedSource: building management's published schedule, as of July 2026
- Co-purchasing
- PermittedSource: building management's published schedule, as of July 2026
- Purchase or lease by a corporation
- PermittedSource: building management's published schedule, as of July 2026
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Leasing by owners
- PermittedSource: building management's published schedule, as of July 2026
- Pied-à-terre ownership
- PermittedSource: building management's published schedule, as of July 2026
- Short-term rentals
- Not permittedSource: building management's published schedule, as of July 2026
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Pets
- Pets permitted; species and limits not statedSource: building management's published schedule, as of July 2026
- In-unit washer/dryer
- PermittedSource: building management's published schedule, as of July 2026
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Building staffing and amenities
- Doorman
- Doorman (hours not stated)Source: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $5,506/yr
- 2030–2034 annual penalty
- $56,091/yr
- Per unit / month range
- $51 – $519
- Modeled exposure split equally across 9 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Recent sales
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| Sep 4, 2026 | 3A | $6,350,000 |
| Jan 7, 2026 | 2A | $9,100,000 |
| Jan 10, 2025 | 4A | $8,650,000 |
| Oct 1, 2024 | C1 | $26,900,000 |
| Apr 16, 2024 | 5B | $8,200,000 |
| Jan 22, 2016 | 3B | $7,950,000 |
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 1-00483-7502; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 56 Crosby Street and nearby.
At the recent median sale of $8.65M (3 sales in the past 24 months, since November 12, 2024), a buyer putting 25% down would pay about $405,124 to close, or 4.7% of the price.
- Mansion tax: $194,625
- Mortgage recording tax: $124,884
- Title insurance: $38,925
- Attorneys, lender, building fees, reserves and filings: $46,690
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with 56 Crosby Street and its market
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What to know if you’re buying
The retail component is substantial. The Broadway commercial space comprises approximately 20,000 square feet and has traded separately from the homes. The condominium's allocation of façade, roof and other shared expenses between the commercial interest and the residential owners is a consequential part of ownership here.
Comparable buildings
- 77 Mercer Street — Another small prewar condominium for buyers seeking loft ownership in SoHo.
- The Loft, 30 Crosby Street — A nearby Crosby Street conversion with a somewhat larger residential association.
- 115 Mercer Street — A similarly small condominium within a nineteenth-century commercial building.
- The Brewster Carriage House — A boutique historic conversion with condominium ownership and a comparable association scale.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 56 Crosby Street?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com