New York City  »  10022  »  E 56th St  »  120 E 56th St

120 East 56th Street, New York, NY 10022 - Property report

Also known as: 116-120 E 56th St

Property image for 120 East 56th Street, New York, NY 10022
static Mapbox map

Property type

Office with Commercial 7-19 Stories (O6)

Year built

1926

Lot sq. ft.

6,326

General information

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Address
Primary address
120 East 56th Street
Alternate address(es)
116-120 E 56th St
ZIP code
10022
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01310-0065

Owner

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Building
Property type
Office with Commercial 7-19 Stories (O6)
Building sq. ft.
84,543
Building dimensions
63 ft x 95 ft
Buildings on lot
1
Stories
15
Year built
1926
Last altered
1985
Building material
Tax
Tax year
2026-2027
Property tax
$999,547
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
63 ft x 100.42 ft
Lot sq. ft.
6,326

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
80 /100.  Very Bikeable
School district
2
Community district
5
Closest police station
0.21 Miles
Closest fire station
0.57 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for 120 East 56th Street, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 120 East 56th Street, New York, NY 10022

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/27/2024 - R UCC3 Amendment
(2024032700035001)
XXX XXXX XXXX XXXXXX X X X XXXXXX XXXXXXXX XXXX
11/14/2022 - R UCC3 Continuation
(2022110700190001)
XXX XXXX XXXX XXXXXX X X X XXXXXX XXXXXXXX XXXX
02/12/2018 - R UCC3 Termination
(2018020700117008)
XXX XXXX XXXX XXXXXX X X X XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
02/12/2018 - R UCC3 Termination
(2018020700117007)
XXX XXXX XXXX XXXXXX X X X XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
02/12/2018 - R Initial UCC1
(2018020700117006)
XXX XXXX XXXX XXXXXX X X X XXXXXX XXXXXXXX XXXX
02/12/2018 - R
01/31/2018 - D
Assignment of Leases and Rents
(2018020700117005)
XXX XXXX XXXX XXXXXX X X X XXXXXX XXXXXXXX XXXX
02/12/2018 - R
01/31/2018 - D
Agreement
(2018020700117004)
XXX XXXX XXXX XXXXXX X X X XXXXXX XXXXXXXX XXXX
02/12/2018 - R
01/31/2018 - D
Mortgage
(2018020700117003)
XXX XXXX XXXX XXXXXX X X X XXXXXX XXXXXXXX XXXX
02/12/2018 - R
01/26/2018 - D
Termination of Assign of L&R
(2018020700117010)
XXXXXXX XXX XXXXXXXX XXXXXXXXXXX XXX XXXX XXXX XXXXXX X X X
02/12/2018 - R
01/26/2018 - D
Termination of Assign of L&R
(2018020700117009)
XXXXXXX XXX XXXXXXXX XXXXXXXXXXX XXX XXXX XXXX XXXXXX X X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 120 East 56th Street, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$999,547
Municipal exemptions
Recent tax assessments
Market value
$20,819,000
Assessed value
$9,368,550

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $21,528,000 $9,687,600 $8,895,690 10.848% $965,004 $965,004 +0.10%
2024/25 $20,666,000 $9,299,700 $8,958,170 10.762% $964,078 $964,078 -0.19%
2023/24 $20,265,000 $9,119,250 $9,119,250 10.592% $965,911 $965,911 +5.56%
2022/23 $19,101,000 $8,595,450 $8,595,450 10.646% $915,072 $915,072 +9.41%
2021/22 $17,281,000 $7,776,450 $7,776,450 10.755% $836,357 $836,357 -26.68%
2020/21 $23,864,000 $10,738,800 $10,666,980 10.694% $1,140,727 $1,140,727 +2.59%
2019/20 $24,265,000 $10,919,250 $10,552,930 10.537% $1,111,962 $1,111,962 -3.36%
2018/19 $27,839,000 $12,527,550 $10,943,730 10.514% $1,150,624 $1,150,624 +6.79%
2017/18 $27,622,000 $12,429,900 $10,247,490 10.514% $1,077,421 $1,077,421 +8.38%
2016/17 $23,738,000 $10,682,100 $9,401,510 10.574% $994,116 $994,116 +3.85%

Permit information for 120 East 56th Street, New York, NY

Filing date Job type Job status Job description Initial cost
06/24/2026 Alteration
09/03/2025 Alteration
04/24/2025 Alteration
12/04/2024 Alteration
11/15/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Lexington Ave & 53rd St at NE Corner
Station lines
E-M-6
Distance (miles)
0.145

Access the detailed traffic volume map for 120 East 56th Street, New York, NY 10022 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 120 East 56th Street, New York, NY 10022?

The development at 120 East 56th Street, New York, NY 10022 was built in 1926.

What is the market value of 120 East 56th Street, New York, NY 10022?

The current market value of 120 East 56th Street, New York, NY 10022 is $20,819,000.

What is the total square footage of 120 East 56th Street, New York, NY 10022?

120 East 56th Street, New York, NY 10022 has a total of 84,543 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 46.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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