---
title: "56 LEONARD Street #38W, New York City, NY 10013"
description: "56 LEONARD Street #38W, New York City, NY 10013 — Tribeca, New York City, NY. Listing Price $14,750,000. Price Reduced: Reduced $1,000,000 (6.3%) from $15,750,000 on September 8, 2026. 4 bed, 5 bath, 3,408 sqft Illustrative Buyer Commission Share of $221,250 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10013/56-leonard-street-38w-ny-10013"
source: "Real Estate Rebate Team"
dateModified: "2026-09-21T21:45:58.343Z"
status: "Active"
---

# 56 LEONARD Street #38W, New York City, NY 10013

Tribeca, New York City, NY

Courtesy of Corcoran Group

Last updated: September 21, 2026, 5:45 PM

## At a Glance

- **Listing Price**: $14,750,000
- **Price Reduced**: Reduced $1,000,000 (6.3%) from $15,750,000 on September 8, 2026
- **Beds**: 4
- **Total Baths**: 5
- **Sqft**: 3,408
- **Common Charges**: $5,785 / mo
- **Price per Sqft**: $4,328
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $14,750,000
- **Illustrative Buyer Commission Share**: -$221,250*
- **Illustrative Net Cost**: $14,528,750

*Illustrative Buyer Savings of $221,250 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![56 LEONARD Street #38W, New York City, NY 10013 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/11f0a341-2a9d-4d07-ac2e-f14dcdf3c4c8.jpg)
![56 LEONARD Street #38W, New York City, NY 10013 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/169b21b1-e70c-46ba-be0d-32b3d61f1f2c.jpg)
![56 LEONARD Street #38W, New York City, NY 10013 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/104cb066-8ca1-4fa9-adfd-2875f44b3159.jpg)
![56 LEONARD Street #38W, New York City, NY 10013 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bcb47db2-517a-440d-94a3-589a2446def8.jpg)
![56 LEONARD Street #38W, New York City, NY 10013 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9229a349-3e05-4e9a-84ec-b689340f42fc.jpg)
![56 LEONARD Street #38W, New York City, NY 10013 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8356a30d-a703-4463-b1f4-de7144c1f2f4.jpg)
![56 LEONARD Street #38W, New York City, NY 10013 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/99f591f1-61ff-4cff-998e-e55391a60522.jpg)
![56 LEONARD Street #38W, New York City, NY 10013 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/33ad3d1f-514a-47ba-8aa3-b0dd37db291e.jpg)
![56 LEONARD Street #38W, New York City, NY 10013 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d6467111-913c-4bbf-99f6-32e87140a54e.jpg)
![56 LEONARD Street #38W, New York City, NY 10013 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/276ed73f-3fb3-4310-bb3f-881b2234a3ee.jpg)

## Property Overview

At the intersection of architecture and art, Residence 38W at 56 Leonard Street presents a rare opportunity to own a meticulously upgraded half-floor home on the building's coveted western exposure.

 Spanning four bedrooms and four-and-a-half bathrooms, this 3,408-square-foot residence has been thoughtfully enhanced to elevate both form and function. Upon entry via direct elevator access, a gracious gallery leads into a dramatic great room where floor-to-ceiling glass captures open cityscape vistas and cinematic sunsets over the Hudson River.

Positioned on the building's premier western line, Residence 38W benefits from 812 square feet of terraces exactly where they matter most, off the great room and primary bedroom, seamlessly extending indoor living outward. Light pours in throughout the day, culminating in unobstructed sunsets that stretch across the Hudson River and beyond.

 The space has been refined with newly added recessed lighting throughout the living, dining, and kitchen areas, complemented by curated chandeliers and sconces that create a layered, architectural lighting scheme.

 A series of custom millwork interventions anchors the home with warmth and precision. In the living room, a beautifully executed built-in wall with integrated ledge detailing provides both visual structure and functional elegance.

 The primary suite has been equally considered, with fully built-out closets featuring bespoke millwork and integrated lighting, bringing a tailored, boutique feel to everyday living.

 The kitchen has undergone a striking transformation, now centered around a sculptural slab island with a mitered edge; an upgrade that materially enhances both the aesthetic and usability of the space. Clean lines and refined finishes position it as a true focal point for entertaining.

 Additional upgrades include recently refinished flooring throughout, and an enlarged laundry room with built-in shelving, ensuring the home is delivered in impeccable, move-in-ready condition.

 This is a highly considered, design-forward residence within one of Tribeca's most iconic addresses, offering scale, light, and customization rarely found at this level.

## Property Details

- **Property Type**: Condominium
- **Beds**: 4
- **Total Baths**: 5
- **Rooms**: 10
- **Sqft**: 3,408 sqft
- **Stories**: 60
- **Year Built**: 2015
- **Price per Sqft**: $4,328
- **Common Charges**: $5,785 / Monthly
- **Listed On**: Sep 8, 2026
- **Days on Market**: 22 Days

### Residence Features

- Central Air
- Building Other
- Washer Hookup
- In Unit
- Building Roof Deck
- Private Outdoor Space Over 60 Sqft
- Dishwasher
- City
- Park/Greenbelt
- Panoramic
- River

### Building Amenities

- Sauna

## Estimated Monthly Payment

**$80,369 / month**, assuming a 20% down payment ($2,950,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $74,584
- **Common Charges**: $5,785

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

38 apartments at 56 Leonard have recorded sales since September 2021, the most recent for $2,000,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [8CE](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10013/56-leonard-street-8ce-ny-10013) (Loft) | Studio | 845 | $2,000,000 | $2,367/ft² | August 25, 2026 | MLS |
| [32AE](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10013/56-leonard-street-ae-32AE-ny-10013) (Apartment) | 3 | 2,175 | $7,000,000 | $3,218/ft² | July 9, 2026 | MLS |
| 14AE (Apartment) | 1 | 1,157 | $2,600,000 | $2,247/ft² | May 4, 2026 | City record · MLS |
| 48W (Apartment) | 4 | 3,576 | $17,350,000 | $4,852/ft² | April 7, 2026 | City record · MLS |
| 19BW (Apartment) | 2 | 1,733 | $4,900,000 | $2,827/ft² | February 13, 2026 | City record · MLS |
| 24BW (Apartment) | 3 | 2,252 | $7,450,000 | $3,308/ft² | February 12, 2026 | City record · MLS |
| 21BE (Apartment) | 2 | 1,668 | $4,400,000 | $2,638/ft² | July 24, 2025 | City record · MLS |
| 33BE (Apartment) | 2 | 1,668 | $4,725,000 | $2,833/ft² | June 11, 2025 | City record · MLS |
| 16AE (Apartment) | — | 1,027 | $2,500,000 | $2,434/ft² | May 21, 2025 | City record |
| 38WEST (Apartment) | 4 | 3,412 | $15,000,000 | $4,396/ft² | April 10, 2025 | MLS |
| 14BEAST (Apartment) | 4 | 3,000 | $7,950,000 | $2,650/ft² | April 1, 2025 | City record · MLS |
| 12AE (Apartment) | 1 | 1,027 | $2,500,000 | $2,434/ft² | March 31, 2025 | City record · MLS |
| PH52A (Apartment) | 4 | 3,658 | $19,500,000 | $5,331/ft² | February 24, 2025 | City record · MLS |
| 19AE (Apartment) | 1 | 1,027 | $2,685,000 | $2,614/ft² | February 11, 2025 | City record · MLS |
| 46E (Apartment) | — | 3,371 | $250,000 | $74/ft² | February 6, 2025 | City record |
| PH56 (Apartment) | 4 | 5,858 | $35,500,000 | $6,060/ft² | January 29, 2025 | City record |
| 38W (Apartment) | 4 | 3,412 | $15,000,000 | $4,396/ft² | January 14, 2025 | City record |
| 16BW (Apartment) | 2 | 1,733 | $4,875,000 | $2,813/ft² | December 17, 2024 | City record · MLS |
| 35BW (Apartment) | 3 | 2,177 | $7,678,000 | $3,527/ft² | September 4, 2024 | City record · MLS |
| 20AW (Apartment) | 2 | 1,691 | $4,327,500 | $2,559/ft² | August 29, 2024 | City record · MLS |
| 29BE (Apartment) | — | 1,668 | $4,950,000 | $2,968/ft² | August 21, 2024 | City record |
| 26AW (Apartment) | 2 | 1,692 | $4,987,000 | $2,947/ft² | May 6, 2024 | City record · MLS |
| 17AE (Apartment) | 1 | 1,027 | $2,400,000 | $2,337/ft² | December 15, 2023 | City record · MLS |
| 41AE (Apartment) | 3 | 2,684 | $9,500,000 | $3,539/ft² | September 1, 2023 | City record · MLS |
| 44W (Apartment) | — | 3,562 | $14,600,000 | $4,099/ft² | July 27, 2023 | City record |
| PH53 (Apartment) | 4 | 6,400 | $30,100,000 | $4,703/ft² | January 5, 2023 | City record |
| 20BW (Apartment) | 3 | 2,252 | $6,450,000 | $2,864/ft² | December 15, 2022 | City record |
| 17BE (Apartment) | 4 | 3,094 | $7,995,000 | $2,584/ft² | November 23, 2022 | City record · MLS |
| 24AW (Apartment) | 2 | 1,691 | $4,900,000 | $2,898/ft² | September 30, 2022 | City record · MLS |
| 15BW (Apartment) | 2 | 1,733 | $4,775,000 | $2,755/ft² | September 26, 2022 | City record · MLS |
| 31AE (Apartment) | 3 | 2,175 | $7,500,000 | $3,448/ft² | August 10, 2022 | City record · MLS |
| 6W (Apartment) | — | 2,983 | $7,500,000 | $2,514/ft² | July 26, 2022 | City record |
| 21AE (Apartment) | — | 2,245 | $6,663,000 | $2,968/ft² | April 6, 2022 | City record |
| 46E (Apartment) | 4 | 3,371 | $12,000,000 | $3,560/ft² | March 10, 2022 | City record · MLS |
| 48E (Apartment) | 4 | 3,371 | $12,850,000 | $3,812/ft² | January 14, 2022 | City record · MLS |
| PH60 (Apartment) | 4 | 7,779 | $45,000,000 | $5,785/ft² | October 28, 2021 | City record |
| 39BE (Apartment) | 2 | 1,418 | $4,350,000 | $3,068/ft² | October 26, 2021 | City record · MLS |
| PH58 (Apartment) | 5 | 5,489 | $30,125,000 | $5,488/ft² | October 13, 2021 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

- **This home**: $14,750,000
- **Median sold price**: $16,175,000
- **Difference**: -$1,425,000 (-8.8%)
- **This home, $/ft²**: $4,328
- **Median $/ft²**: $4,550
- **Comparable sales**: 10
- **Sales from**: October 2021 – April 2026
- **Middle half of those sales**: $12,212,500 – $27,450,000

Based on four-bedroom sales at 56 Leonard.

### How these sales were negotiated

- **Sale-to-list price**: 97.5% (5 sales)
- **Sold below asking**: 60% (5 sales)
- **Typical time to find a buyer**: 4 days (5 sales)
- **Typical time to close**: 68 days (4 sales)

Based on four-bedroom sales at 56 Leonard with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

### Price trend

Median price per square foot, sales at 56 Leonard

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2016 | $3,001/ft² | 15 |
| 2017 | $2,763/ft² | 58 |
| 2018 | $3,116/ft² | 13 |
| 2019 | $2,776/ft² | 8 |
| 2020 | $3,000/ft² | 3 (thin) |
| 2021 | $2,868/ft² | 10 |
| 2022 | $2,898/ft² | 9 |
| 2023 | $3,819/ft² | 4 (thin) |
| 2024 | $2,947/ft² | 5 |
| 2025 | $2,650/ft² | 9 |
| 2026 YTD | $3,068/ft² | 4 (thin) |

Based on recorded sales at 56 Leonard. 2026 is year-to-date.

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

Sales data through August 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 56 Leonard](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/56-leonard)

## Price and Property History for 56 LEONARD Street, Unit 38W

Review the recorded listing activity for 56 LEONARD Street, Unit 38W, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $1,000,000, or 6.3%, on September 8, 2026
- **Originally listed**: July 28, 2026 at $14,750,000
- **Current asking price**: $14,750,000

| Date | Price | Listing event |
| --- | --- | --- |
| September 8, 2026 | $14,750,000 | Asking price reduced by $1,000,000, or 6.3% |
| July 28, 2026 | $14,750,000 | Listed for sale by Corcoran Group |

## Property Tax History

Taxes at 56 LEONARD Street #38W were $83,670 in 2026, up 7.1% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $712,525 | $9,017 | $703,508 | $669,361 | $83,670 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $684,609 | $9,017 | $675,592 | $625,113 | $78,139 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $679,463 | $9,017 | $670,446 | $596,973 | $74,622 | 12.5% |
| 2023 (FY 2023/24) | $663,262 | $9,017 | $654,245 | $567,416 | $70,938 | 12.502% |
| 2022 (FY 2022/23) | $606,952 | $9,017 | $597,935 | $541,099 | $66,377 | 12.267% |
| 2021 (FY 2021/22) | $491,282 | $9,017 | $482,265 | $491,282 | $48,720 | 12.235% |
| 2020 | The City did not publish assessment data for this year. | — | — | — | — | — |
| 2019 | The City did not publish assessment data for this year. | — | — | — | — | — |
| 2018 (FY 2018/19) | $398,572 | $9,017 | $389,555 | $386,221 | $30,532 | 12.612% |
| 2017 (FY 2017/18) | $378,582 | $9,016 | $369,566 | $362,115 | $20,399 | 12.719% |
| 2016 (FY 2016/17) | $357,999 | $9,016 | $348,983 | $357,999 | $46,153 | 12.892% |

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.

Figures are the New York City Department of Finance assessment roll for tax lot 1001761106. 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)

## About The Building

### 56 Leonard

Tribeca · Condominium

56 LEONARD Street, New York, NY 10013

A building in Tribeca, currently featuring 5 active listings.

- **Year Built**: 2015
- **Active Units**: 5
- **Floors**: 60

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/56-leonard)

### Available Residences — For Sale (7)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [38W](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10013/56-leonard-street-38w-ny-10013) | 4 | 5 | 3,408 sqft | $4,328 | $14,750,000 (-6.3%) | Corcoran Group | Sep 8, 2026 | 21 days |
| [47WEST](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10013/56-leonard-street-west-47WEST-ny-10013) | 4 | 5 | 3,576 sqft | $4,473 | $15,995,000 (-5.6%) | Compass | Apr 21, 2026 | 161 days |
| [29A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10013/56-leonard-street-a-29A-ny-10013) | 3 | 4 | 2,175 sqft | $2,756 | $5,995,000 (-0.1%) | Douglas Elliman Real Estate | Feb 9, 2026 | 232 days |
| [47WEST](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10013/56-leonard-street-west-47WEST-ny-10013) | 4 | 5 | 3,576 sqft | $4,740 | $16,950,000 (-3.1%) | Susan Penzner Real Estate | May 2, 2026 | 150 days |
| [20BWEST](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10013/56-leonard-street-20bwest-ny-10013) | 3 | 4 | 2,252 sqft | $3,239 | $7,295,000 | Compass | Sep 15, 2026 | 14 days |
| [33AWEST](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10013/56-leonard-street-awest-33AWEST-ny-10013) | 2 | 3 | 1,624 sqft | $3,137 | $5,095,000 (-3.9%) — In contract | Compass | Mar 29, 2026 | 184 days |
| [33BW](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10013/56-leonard-street-bw-33BW-ny-10013) | 3 | 4 | 2,177 sqft | $3,514 | $7,650,000 (-4.4%) — In contract | Douglas Elliman Real Estate | Jun 26, 2026 | 95 days |

### Recently Sold (2)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [32AE](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10013/56-leonard-street-ae-32AE-ny-10013) | 3 | 4 | 2,175 sqft | $3,218 | $7,000,000 | Corcoran Group | Mar 26, 2026 | Jul 9, 2026 |
| [8CE](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10013/56-leonard-street-8ce-ny-10013) | Studio | 1 | 845 sqft | $2,367 | $2,000,000 | Corcoran Group | Jun 16, 2026 | Aug 25, 2026 |

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## Tribeca

Overview of Tribeca

[Explore Tribeca](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/tribeca) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Tribeca

- [Civic Center real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/civic-center)
- [SoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/soho)
- [Little Italy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/little-italy)
- [Battery Park City real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/battery-park-city)
- [Chinatown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chinatown)
- [Nolita real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nolita)

## Related Links

- [56 Leonard — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/56-leonard)
- [Tribeca neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/tribeca)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.