56 Leonard Street
56 Leonard Street, New York, NY 10013
BBL 1001767501 · BIN 1088646
- Year built
- 2015
- Type
- Condominium
- Units
- 145
- Floors
- 57
- Financing
- Up to 90% financeable (10% minimum down).
- Pets
- Permitted (cats and dogs).
- Managing agent
- Roseterra Management
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2023). Reported and subject to confirmation. Board policies can change by amendment — confirm at the offer stage.
Every recorded sale at this building, 2016–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf (floor-adjusted)
- $3,028
- Listing discount
- 1.5%
- Recorded sales
- 226
- On record
- 2016–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 56 Leonard 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.
56 Leonard is the trophy new-construction tower that defines contemporary Tribeca residential. Herzog & de Meuron's 2017 design — the Basel architecture firm's first New York skyscraper — produced a 57-story, 821-foot reinforced-concrete tower in which the cantilevered floor slabs project in irregular patterns across the building's height, generating the "Jenga Tower" silhouette that has become the structural visual marker of the contemporary Tribeca skyline.
The 145 condominium residences range from approximately 650-square-foot studios through 6,000-plus-square-foot full-floor penthouses. The 8 full-floor penthouses and 2 half-floor penthouses occupy the upper levels of the building; no two floor plans are identical anywhere in the building, the design produced by organizing the tower into seven exterior "zones" of varying balcony patterns and cantilevered slab geometries. Herzog & de Meuron described the design as "houses stacked in the sky" — an explicit architectural argument that the building's structural organization should reflect the discrete identity of each apartment within rather than the uniform vertical massing of conventional luxury condominium design.
The building's most consequential cultural and architectural feature beyond the tower itself is the Anish Kapoor sculpture installed at the Church and Leonard Street corner beneath the cantilever. The 19-foot-tall, 48-foot-long, 40-ton stainless-steel mirrored installation is Kapoor's first permanent public artwork in New York City. The piece was commissioned in 2008 alongside the building's design phase; fabrication by Performance Structures took place from 2019 through 2022; the work was unveiled at the building's base in early 2023. The piece is untitled — not the same work as Chicago's "Cloud Gate" (the Millennium Park bean) — though New York audiences have informally called the Leonard installation the "NYC Bean."
For buyers, 56 Leonard represents the architectural-pedigree apex of contemporary Tribeca residential: Pritzker-laureate architectural attribution, a building whose exterior is among the most recognizable contemporary residential structures in lower Manhattan, and a permanent Anish Kapoor work as the architectural-civic anchor of the address.
Architecture and unit composition
The 145 residences distribute across the building's 57 stories in studios, one-bedrooms, two-bedrooms, three-bedrooms, four-bedrooms, and the full-floor and half-floor penthouses at the upper levels. Apartment scale ranges from approximately 650 square feet through 6,000-plus square feet. The interior architectural vocabulary — designed by Herzog & de Meuron — runs the building's full height in a consistent register: custom Molteni kitchens with black granite islands, mirrored cabinet bathrooms, oak flooring, and large casement-style windows with the views that the cantilevered slab geometry produces.
The reinforced concrete structural system is the building's defining architectural feature. The cantilevered floor slabs project beyond the structural core in patterns that produce both the exterior silhouette and the interior light-and-view dynamics that distinguish 56 Leonard apartments from conventional luxury condominium inventory.
Building operations
56 Leonard operates as a full-service condominium with 24-hour doorman, concierge, and the institutional service infrastructure consistent with the trophy new-construction tier. The 17,000 square feet of amenity space on the 9th and 10th floors — 75-foot indoor/outdoor infinity pool, 25-seat screening room, private dining room, fitness center and spa (wet and dry), Tribeca Tot Room children's play, media lounge, sundeck — represents one of the more substantial amenity packages in the Tribeca new-construction inventory.
Local Law 97
- 2024–2029 annual penalty
- $244,358/yr
- 2030–2034 annual penalty
- $587,774/yr
- Per unit / month range
- $139 – $335
- Modeled exposure split equally across 146 units (the city tax-lot count). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →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.
How to read this, and where it comes from
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. City record last verified September 2026.
421-a Tax Abatement
- Last year of benefit
- FY2022
- Fully taxed from
- FY2023 (2022–23)
- Program
- 421-a (10-year)
The 421-a benefit has run its term. Taxes on these units have stepped up toward the full assessed amount, so the low carrying cost this building once carried is no longer available. Price from the current tax bill, and treat any comparable sale made while the abatement was still running as a different asset.
Source: NYC Dept. of Finance property-tax exemption records (421-a), refreshed 2026-09-06 · The Roebling Research Library. Confirm the exact step-up schedule on the building’s DOF tax bill. Years shown are NYC tax years, which start July 1 — FY2023 runs July 1, 2022 to June 30, 2023. The benefit last appears on the 2022 assessment roll, which is what dates the end of the term.
The 421-a Expiration Wave — our study of when these benefits expire citywide, and what the resale record shows about pricing as they do.
Recent sales
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Aug 25, 2026 | 8CEAST | 1 BA · 845 sf | $2,000,000 | $2,367/sf | -11.1% |
| Jul 9, 2026 | 32AEAST | 3 BR · 3.5 BA · 2,175 sf | $7,000,000 | $3,218/sf | -8.5% |
| May 4, 2026 | 14AEAST | 1 BR · 1.5 BA · 1,157 sf | $2,600,000 | $2,247/sf | -5.5% |
| Apr 7, 2026 | 48WEST | 4 BR · 4.5 BA · 3,576 sf | $17,350,000 | $4,852/sf | +0.0% |
| Feb 13, 2026 | 19BWEST | 2 BR · 2.5 BA · 1,733 sf | $4,900,000 | $2,827/sf | -5.7% |
| Feb 12, 2026 | 24BWEST | 3 BR · 3.5 BA · 2,252 sf | $7,450,000 | $3,308/sf | +0.0% |
| Jul 24, 2025 | 21BEAST | 2 BR · 2.5 BA · 1,668 sf | $4,400,000 | $2,638/sf | -8.0% |
| Jun 11, 2025 | 33BEAST | 2 BR · 2.5 BA · 1,668 sf | $4,725,000 | $2,833/sf | -8.9% |
Market read. Most recent trades (2026) cleared a median $3,028/sf (floor-adjusted) across 6 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 1.5% 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 1-00176-1133). 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; square footage from recorded condo declarations and offering plans.
Closed rents at 56 Leonard, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 2 bedroom | 11 | $20,000 |
| 3 bedroom | 6 | $27,500 |
| 4 bedroom | 4 | $48,975 |
23 closed leases, October 2023 to September 2026. Most recent lease August 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at 56 Leonard and nearby.
At the recent median sale of $4.9M (16 sales since 2024), a buyer putting 25% down would pay about $199,484 to close, or 4.1% of the price.
- Mansion tax: $73,500
- Mortgage recording tax: $70,744
- Title insurance: $22,050
- Attorneys, lender, building fees, reserves and filings: $33,190
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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Notable residents
Confirmed residents have included Formula 1 driver Lewis Hamilton (who listed a unit for sale), Jennifer Gates (Bill Gates's daughter), and actor/comedian Keegan-Michael Key (who closed on a two-bedroom). The building's celebrity register places 56 Leonard in the deeper celebrity-resident tier of Tribeca trophy new construction.
What to know if you’re buying
The architectural pedigree is structural. Herzog & de Meuron's Pritzker-laureate credential at their first New York skyscraper places 56 Leonard at the architectural apex of contemporary Tribeca residential.
The cantilever geometry produces apartment-by-apartment variation. No two floor plans are identical. Buyers should evaluate the specific apartment exposure, terrace configuration, and view condition rather than benchmarking against generic "floor X" comparables.
The Anish Kapoor sculpture is a permanent civic feature. Kapoor's first New York City permanent public work; the installation is a structural address-identity asset.
Condominium-form financial flexibility applies. Right-of-first-refusal closings, typically 30–45 day pacing rather than cooperative-standard 60–90.
The amenity program is substantial. 17,000 square feet on the 9th and 10th floors; among the more developed amenity packages in Tribeca new construction.
What to know if you’re selling
Marketing should lead with the Herzog & de Meuron credential and the Kapoor sculpture. These are the structural identity-anchors of the building.
Pricing requires apartment-level comparable analysis. The cantilever geometry produces meaningful variation in apartment exposure and view condition; recent comparables on the specific apartment configuration should anchor positioning.
Closing timelines are condominium-fast. 30–45 days through right-of-first-refusal waiver to closing.
Comparable buildings
If you're considering 56 Leonard Street, also evaluate:
- 30 Park Place / Four Seasons Private Residences — Stern 2016; trophy new-construction peer; full-service Four Seasons-branded
- 70 Vestry — Stern 2018; trophy new-construction peer at intimate scale
- 111 Murray Street — KPF 2018; trophy new-construction peer with curved-glass facade
- 25 Park Row — COOKFOX 2020; trophy new-construction peer facing City Hall Park
- One York Street — Norten 2008; earlier-generation contemporary peer
- 220 Central Park South — Stern 2018; uptown trophy new-construction peer
More Tribeca buildings
- 55 Leonard Street — 1915 condominium
- 55 Warren Street — 1854 condominium
- 55 White Street — 1861 condominium
- 56 Warren Street — 1880 co-op
- 57 Laight Street — 1892 co-op
- 57 Lispenard Street — 1860 condominium
The neighborhood
For the full corridor — architecture, transit, and pricing across Tribeca — read The Roebling Team Guide to Tribeca.
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.
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