New York City  »  10022  »  E 56th St  »  126 E 56th St

Tower 56 - 126 East 56th Street, New York, NY 10022 - Property report

Also known as: 126 E 56th St

Property image for Tower 56 - 126 East 56th Street, New York, NY 10022
static Mapbox map

Property type

Office Only with or without Commercial - 20 Stories or More (O4)

Year built

1982

Lot sq. ft.

6,025

Sale price

$113,000,000

General information

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Address
Building name
Tower 56
Primary address
Tower 56 - 126 East 56th Street
ZIP code
10022
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01310-0063

Owner

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Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
171,591
Building dimensions
60 ft x 100 ft
Buildings on lot
1
Stories
33
Year built
1982
Building material
Sales
Sale date
04/04/2023
Sale price
$113,000,000
Tax
Tax year
2026-2027
Property tax
$3,615,971
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Commercial units
53
Office sq. ft.
Lot
Lot dimensions
60 ft x 100.42 ft
Lot sq. ft.
6,025

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

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Ownership information for Tower 56 - 126 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 Tower 56 - 126 East 56th Street, New York, NY 10022

Sale date Sale price Buyer name Seller name
04/04/2023 $113,000,000 XXX XXXXXX, XXX XXXXX XX XXXX XXXXXX XXXXX X X X
09/18/2008 $158,000,000 XXXXX XX XXXX XXXXXX XXXXX X X X XXXXX XX XXXXX, XXX
02/09/2007 $178,521,008 XXXXX XX XXXXX, XXX XXX-XXXXX XX X X X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/22/2023 - R UCC3 Termination
(2023042000672003)
XXXXX XX XXXX XXXXXX XXXXX X X X XXXXXXXX XXXXXXXXXXXXXX XX
05/22/2023 - R UCC3 Termination
(2023042000672002)
XXXXX XX XXXX XXXXXX XXXXX X X X XXXXXXXX XXXXXXXXXXXXXX XX
05/22/2023 - R UCC3 Termination
(2023042000672001)
XXXXX XX XXXX XXXXXX XXXXX X X X XXXXXXXX XXXXXXXXXXXXXX XX
05/02/2023 - R UCC3 Assignment
(2023040600741013)
XXXXX XX XXXX XXXXXX XXXXX X X X XXXXX XX XXXXXXXX XXXX
05/02/2023 - R UCC3 Assignment
(2023040600741012)
XXXXX XX XXXX XXXXXX XXXXX X X X XXXXX XX XXXXXXXX XXXX
05/02/2023 - R UCC3 Assignment
(2023040600741011)
XXXXX XX XXXX XXXXXX XXXXX X X X XXXXX XX XXXXXXXX XXXX
05/02/2023 - R Initial UCC1
(2023040600741008)
XXX XXXXXX XXX XXXXXXXX XXXXXXXXXXXXXX XX
05/02/2023 - R Initial UCC1
(2023040600741007)
XXX XXXXXX XXX XXXXXXXX XXXXXXXXXXXXXX XX
05/02/2023 - R
04/04/2023 - D
Termination of Assign of L&R
(2023040600741010)
XXXXX XX XXXX XXXXXX XXXXX X X X XXXXXXXX XXXXXXXXXXXXXX XX
05/02/2023 - R
04/04/2023 - D
Satisfaction of Mortgage
(2023040600741009)
XXXXX XX XXXX XXXXXX XXXXX X X X XXXXX XX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Tower 56 - 126 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
$3,615,971
Municipal exemptions
Recent tax assessments
Market value
$81,223,000
Assessed value
$36,550,350

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 $82,488,000 $37,119,600 $33,436,760 10.848% $3,627,220 $3,627,220 -1.04%
2024/25 $81,309,000 $36,589,050 $34,059,050 10.762% $3,665,435 $3,665,435 +3.52%
2023/24 $78,540,000 $35,343,000 $33,428,600 10.592% $3,540,757 $3,540,757 -0.76%
2022/23 $76,122,000 $34,254,900 $33,512,850 10.646% $3,567,778 $3,567,778 +0.33%
2021/22 $73,476,000 $33,064,200 $33,064,200 10.755% $3,556,055 $3,556,055 -0.39%
2020/21 $81,061,000 $36,477,450 $33,381,610 10.694% $3,569,829 $3,569,829 +4.82%
2019/20 $74,304,000 $33,436,800 $32,321,860 10.537% $3,405,754 $3,405,754 +4.87%
2018/19 $72,243,000 $32,509,350 $30,887,530 10.514% $3,247,515 $3,247,515 +3.24%
2017/18 $71,721,000 $32,274,450 $29,916,792 10.514% $3,145,452 $3,145,452 +5.41%
2016/17 $76,052,000 $34,223,400 $28,220,402 10.574% $2,984,025 $2,984,025 +6.36%

Permit information for Tower 56 - 126 East 56th Street, New York, NY

Filing date Job type Job status Job description Initial cost
09/03/2026 Alteration
06/25/2026 Alteration
06/25/2026 Alteration
06/22/2026 Alteration
12/08/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
12/01/2023 Egrade-failure to post energy grade/score none
12/26/2020 E-elevator elevatorrequired
12/26/2020 E-elevator elevatorrequired

*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)
0.14

Access the detailed traffic volume map for Tower 56 - 126 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 Tower 56 - 126 East 56th Street, New York, NY 10022?

The development at Tower 56 - 126 East 56th Street, New York, NY 10022 was built in 1982.

What is the market value of Tower 56 - 126 East 56th Street, New York, NY 10022?

The current market value of Tower 56 - 126 East 56th Street, New York, NY 10022 is $81,223,000.

What is the total square footage of Tower 56 - 126 East 56th Street, New York, NY 10022?

Tower 56 - 126 East 56th Street, New York, NY 10022 has a total of 171,591 square feet.

What is the price per square foot for this property?

$658 per square foot is the price for Tower 56 - 126 East 56th Street, New York, NY 10022.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 53.

How many active listings does Tower 56 - 126 East 56th Street, New York, NY 10022 have?

This address has 9 active listing(s).

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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