---
title: "315 East 56TH Street Co-ops for Sale in Manhattan | Buyer Savings"
description: "View active listings, prices, and amenities at 315 East 56TH Street, located at 315 East 56TH Street, New York, NY 10022 in Manhattan. Buy a co-op with Buyer Advantage savings."
url: "https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/315-east-56th-street"
source: "Real Estate Rebate Team"
---

# 315 East 56TH Street

315 East 56th Street, New York, NY 10022

Sutton Place · Stock Cooperative · Built 1950

## At a Glance

- **Active Units**: 1 Unit
- **Starting Price**: $525,000
- **Property Type**: Stock Cooperative
- **Year Built**: 1950

## Illustrative Buyer Savings

**$7,875 at Closing**

Illustrative, based on a 3% buyer-broker commission on the highest-priced available residence. Régis shares 50% of the buyer-side commission actually received, so your figure follows the commission offered on your transaction.

Work with Régis before touring or submitting an offer to understand the building, evaluate pricing, and preserve eligible Buyer Advantage opportunities.

**Régis Roumila** — Principal Broker · NY & NJ. Private buyer representation for luxury resale and new development purchases. Verified Member: REBNY · NAR. NYDOS LIC#: 10491211335.

[Speak with Régis](mailto:info@real-estate-rebate.com?subject=Inquiry%3A%20315%20East%2056TH%20Street) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Key Building Details

- **Year Built**: 1950
- **Stories / Floors**: 6
- **Neighborhood**: Sutton Place
- **Active Listings**: 1 unit

## Building Amenities

- Other
- Building None
- None
- City Lights
- City
- Park/Greenbelt
- Pets: Building Cats OK
- Pets: Building Yes
- Pets: Cats OK

## Active Residence at 315 East 56TH Street

1 Active Residence

Buyer Advantage figures shown on these residences are illustrative, based on a 3% buyer-broker commission. Régis shares 50% of the buyer-side commission actually received on the transaction, so the figure follows the commission offered on the listing you buy. [How the Buyer Commission Share works](https://realestaterebatesnewyork.com/buyer-advantage)

| Residence | Type | Beds | Baths | Size | Price | Status | Estimated Buyer Advantage | Courtesy of |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [315 East 56TH Street #GRA](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/315-east-56th-street-gra-ny-10022) | Stock Cooperative | 2 | 1 | — | $525,000 | Pending | $7,875* | Douglas Elliman Real Estate |

> This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

## Sales History for 315 East 56TH Street

21 closings in this building. Prices are the consideration recorded on the deed with the City of New York wherever it has been filed.

| Unit # | Beds | Baths | Size | Closing Price | Price / Ft² | Asking Price | Sold On |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 2B | — | — | — | $616,141 — Public record | — | — | Feb 4, 2026 |
| 5G | — | — | — | $514,316 — Public record | — | — | Sep 9, 2025 |
| 4F | — | — | — | $420,000 — Public record | — | — | Aug 8, 2025 |
| 2C | — | — | — | $494,932 — Public record | — | — | Jul 11, 2025 |
| 2J | — | — | — | $315,000 — Public record | — | — | Dec 18, 2024 |
| 3E | 2 | 1 | 800 | $543,382 (+2.5%) — Public record | $679 | $530,000 | Nov 19, 2024 |
| 4H | — | — | — | $499,000 — Public record | — | — | Oct 8, 2024 |
| 1G | — | — | — | $499,000 — Public record | — | — | Sep 9, 2024 |
| 6E | 2 | 1 | — | $528,245 (+1.6%) — Public record | — | $520,000 | Aug 2, 2024 |

Showing the 9 most recent of 21 closings. The full record is on the building page.

Public record marks a price taken from the deed filed with the City of New York. Rows without it show the price reported to the listing service, which is what is available until the deed is recorded, typically about two weeks after closing.

The percentage beside a closing price is the sale measured against the original asking price. Rows with no asking price are sales with no listing behind them. Those are sponsor and off-market transfers taken from the public record.

> This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

## Property Tax History

Property taxes for the co-op corporation at 315 East 56TH Street were $633,181 in 2026, up 5.4% from 2025.

These figures are for the entire building across all 55 apartments, not for this apartment. A co-op is a single tax lot: the corporation pays one property tax bill and recovers it through shareholders’ monthly maintenance. There is no separate tax bill for an individual unit.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $5,503,500 | $1,156,500 | $4,347,000 | $5,065,450 | $633,181 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $5,516,550 | $1,156,500 | $4,360,050 | $4,808,050 | $601,006 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $4,867,200 | $1,156,500 | $3,710,700 | $4,574,740 | $571,843 | 12.5% |
| 2023 (FY 2023/24) | $5,161,050 | $1,156,500 | $4,004,550 | $4,496,110 | $551,288 after $10,816 abatement | 12.502% |
| 2022 (FY 2022/23) | $5,031,900 | $1,156,500 | $3,875,400 | $4,359,680 | $534,802 | 12.267% |
| 2021 (FY 2021/22) | $4,216,500 | $1,156,500 | $3,060,000 | $4,204,700 | $509,855 after $4,590 abatement | 12.235% |
| 2020 (FY 2020/21) | $4,682,250 | $1,156,500 | $3,525,750 | $4,225,700 | $518,367 | 12.267% |
| 2019 (FY 2019/20) | $4,223,250 | $1,156,500 | $3,066,750 | $4,024,350 | $501,957 | 12.473% |
| 2018 (FY 2018/19) | $4,258,350 | $1,156,500 | $3,101,850 | $3,811,700 | $480,732 | 12.612% |
| 2017 (FY 2017/18) | $4,257,000 | $1,156,500 | $3,100,500 | $3,611,180 | $459,306 | 12.719% |
| 2016 (FY 2016/17) | $3,989,250 | $1,156,500 | $2,832,750 | $3,417,500 | $440,584 | 12.892% |
| 2015 (FY 2015/16) | $3,393,900 | $1,156,500 | $2,237,400 | $3,117,620 | $401,643 | 12.883% |
| 2014 (FY 2014/15) | $3,564,450 | $1,156,500 | $2,407,950 | $2,972,430 | $382,106 | 12.855% |
| 2013 (FY 2013/14) | $3,255,750 | $1,156,500 | $2,099,250 | $2,703,240 | $355,045 | 13.145% |
| 2012 (FY 2012/13) | $3,288,600 | $1,156,500 | $2,132,100 | $2,504,790 | $329,858 | 13.181% |
| 2011 (FY 2011/12) | $2,489,850 | $1,156,500 | $1,333,350 | $2,392,070 | $321,023 | 13.433% |
| 2010 (FY 2010/11) | $2,263,500 | $1,156,500 | $1,107,000 | $2,424,200 | $323,424 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner.

Figures are the New York City Department of Finance assessment roll for tax lot 1013490009. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## What to Review Before Buying in 315 East 56TH Street

Purchasing real estate in New York City or New Jersey goes beyond the apartment itself. To secure your asset and investment equity, we systematically analyze building structures, financials, board packages, and commission sharing arrangements.

1. **Building Quality** — Review construction, finishes, amenities, management, service level, and long-term resale value.
2. **Monthly Costs** — Understand common charges, property taxes, assessments, and the full carrying-cost picture.
3. **Transaction Strategy** — Evaluate pricing, sponsor terms, closing costs, negotiation leverage, and eligible Buyer Advantage opportunities before committing.

## Location & Neighborhood

315 East 56th Street, New York, NY 10022

### Sutton Place

Sutton Place is a small, ultra-exclusive enclave on the East River, running from 53rd to 59th Streets. It is famous for its pre-war elegance, river views, and old-money atmosphere. For buyers seeking Sutton Place Manhattan real estate, it offers a level of privacy and prestige that even Park Avenue envies. Living in Sutton Place, Manhattan is quiet and refined. It is a cul-de-sac neighborhood with little through traffic. As a prestigious Manhattan NYC neighborhood, it has been home to icons like Marilyn Monroe and I.M. Pei, attracting those who want to be in the city but not of it. The market for homes for sale in Sutton Place is dominated by "white glove" co-ops facing the river. Buildings like One Sutton Place South are legendary for their exclusivity and board requirements. There are also stunning townhouses on the side streets. Prices are relatively high, but often offer better value per square foot than Fifth Avenue because the neighborhood is slightly further from the subway. It is a stable, mature market. The lifestyle in Sutton Place is discreet. There is very little commercial activity within the enclave itself; residents walk to First Avenue for dining and shopping. It is a place for evening strolls in tiny parks and dinner parties at home. The community is older and established, though younger people are moving in, attracted by the quiet and the value. It feels like a private club spread across six blocks. Sutton Place is famously a bit isolated. The nearest subways (E, M, 6) are at 53rd and Lexington or 59th and Lexington, a solid 10-minute walk. Residents often rely on taxis, Ubers, or the crosstown bus. Easy access to the FDR Drive makes it convenient for those who own cars and travel to the Hamptons or Westchester. The neighborhood features a series of "pocket parks" at the end of each street overlooking the East River, offering benches and stunning views of the Queensboro Bridge. Sutton Place Park is a gem. Amenities are refined: specialized cheese shops, florists, and high-end grocers on the periphery. It is close to the design district on the East Side. Sutton Place is best for diplomats, retirees, and buyers who prioritize silence, river views, and white-glove service over subway convenience.

- [Sutton Place Guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/sutton-place)
- [Browse Sutton Place Residences](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/sutton-place-manhattan)
- [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

## Frequently Asked Questions

### What should I review before buying at 315 East 56TH Street?

Before making an offer, review the building quality, current inventory, comparable sales, monthly carrying costs, sponsor terms, closing costs, and eligible Buyer Advantage opportunities.

### Can the Buyer Advantage apply to listings in this building?

Yes. Eligible listings may offer an Estimated Buyer Advantage depending on the listing, commission structure, buyer agreement, lender approval, and final closing terms.

### Are building costs different for condos and co-ops?

Yes. Condominiums typically have separate common charges and property taxes. Cooperatives usually have monthly maintenance, which may include building expenses, property taxes, and any underlying mortgage costs.

### Should I speak with a buyer broker before touring?

Yes. Speaking with a buyer broker before touring helps protect your representation, evaluate pricing, and preserve eligible Buyer Advantage opportunities where available.

Have questions about 315 East 56TH Street? [Speak with Régis before you tour.](mailto:info@real-estate-rebate.com)

## Considering a Residence at 315 East 56TH Street?

Speak with Régis before you tour, negotiate, or submit an offer. Receive private buyer-side guidance, pricing context, and eligible Buyer Advantage opportunities where available.

[Schedule a private consultation](https://realestaterebatesnewyork.com/contact) · [All buildings](https://realestaterebatesnewyork.com/buildings)