---
title: "111 West 56th Street #PHB, New York City, NY 10019"
description: "111 West 56th Street #PHB, New York City, NY 10019 — Midtown, New York City, NY. Listing Price $2,995,000. 1 bed, 2 bath, 1,079 sqft Illustrative Buyer Commission Share of $44,925 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/111-west-56th-street-phb-PHB-ny-10019"
source: "Real Estate Rebate Team"
status: "Active"
---

# 111 West 56th Street #PHB, New York City, NY 10019

Midtown, New York City, NY

**Sponsor Residence**

Courtesy of Douglas Elliman Real Estate

## At a Glance

- **Listing Price**: $2,995,000
- **Beds**: 1
- **Total Baths**: 2
- **Sqft**: 1,079
- **Common Charges**: $2,361 / mo
- **Price per Sqft**: $2,776
- **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**: $2,995,000
- **Illustrative Buyer Commission Share**: -$44,925*
- **Illustrative Net Cost**: $2,950,075

*Illustrative Buyer Savings of $44,925 — 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)

![111 West 56th Street #PHB, New York City, NY 10019 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/69c61d6a-6ff6-4770-a849-fe392923e29d.jpg)
![111 West 56th Street #PHB, New York City, NY 10019 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d289f47f-82b9-4be7-9881-4b3c2b5c79cc.jpg)
![111 West 56th Street #PHB, New York City, NY 10019 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/592ef9c7-895e-4c8c-953a-ffef2b234923.jpg)
![111 West 56th Street #PHB, New York City, NY 10019 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/12ebad38-cbf9-497b-b297-efae49d9117b.jpg)
![111 West 56th Street #PHB, New York City, NY 10019 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bc086d91-de8e-403d-b0d4-a4f71395295e.jpg)
![111 West 56th Street #PHB, New York City, NY 10019 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/713655e4-c2e8-4f97-a140-c8d6c78fc71b.jpg)
![111 West 56th Street #PHB, New York City, NY 10019 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/84e16c12-cb82-4be3-ae5c-97f58d92a9e4.jpg)
![111 West 56th Street #PHB, New York City, NY 10019 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ebee7bfc-f75a-493e-9ffc-e3a4d2b47cee.jpg)
![111 West 56th Street #PHB, New York City, NY 10019 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d589653b-db08-4233-aaf7-e5e80deb4292.jpg)
![111 West 56th Street #PHB, New York City, NY 10019 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d2eff0f5-33b2-4571-b7ac-88bad4ab5e33.jpg)

## Property Overview

Immediate Occupancy

 Sponsor covering the first year of common charges...

  This spacious 1,079 square foot, one-bedroom, one-and-a-half-bathroom residence designed by Thomas Juul-Hansen features an open-living concept with floor-to-ceiling 12-foot windows and amazing natural light with southern exposure. The open kitchen that flows into a spacious living and dining area also leads to a 278 square foot private terrace.

 Entering through a European oak entry door and spacious gallery, the home opens to a proper foyer with window facing south. The sophisticated kitchen features super-white quartzite countertops and island, bronze and tinted mirror glass backsplash, white oak cabinetry in a matte lacquer finish and fluted mirrored glass, and white oak paneled walls. An elegant Miele appliance suite includes a refrigerator and freezer, induction cooktop with fully vented hood, wall and speed ovens, and dishwasher. A Marvel wine refrigerator stylishly complements the Miele appliance package. An undermounted Kraus sink is outfitted with a custom-designed chrome faucet. The kitchen leads into an airy living room with refined detailing by Thomas Juul-Hansen throughout, and 7" European oak flooring.

 The primary bedroom suite features a generous walk-in closet an elegant primary bathroom with Greek Bianco Dolomiti stone vanity and backsplash, Turkish Fiore di Bosco stone walls and flooring, and polished nickel Waterworks fixtures. The primary suite also has access through the bedroom to the terrace.

 The powder room is elegantly appointed with Black and Gold Michelangelo marble sink, stone surround, flooring and base, and polished nickel Waterworks fixtures.

 Each residence features a Miele washer and ventless dryer and a 4-pipe fan coil HVAC system with zoned climate control for year-round control.

 ONE11 Residences at Thompson Central Park places New York City energy at your feet and refined Thomas Juul-Hansen interiors in your home. Centrally located and nestled atop the new Thompson Central Park hotel, the building features 99 one and two bedroom condominium residences and penthouses. A collection of premium amenities and services include a 24-hour attended lobby featuring onsite restaurants and full-service bar, private lounge, fitness center, private storage, and full access to Thompson's world-renowned concierge and lifestyle experience.

 Exclusive Sales & Marketing Agent: Douglas Elliman Development Marketing. The complete offering terms are in an offering plan from sponsor, Parker57 LLC, c/o GFI Capital Resources Group, INC., 140 Broadway, 41st floor, NY, NY 10005, under New York State department of law file no. CD22-0055.

## Property Details

- **Property Type**: Condominium
- **Beds**: 1
- **Total Baths**: 2
- **Rooms**: 3
- **Sqft**: 1,079 sqft
- **Stories**: 41
- **Year Built**: 1981
- **Price per Sqft**: $2,776
- **Common Charges**: $2,361 / Monthly
- **Listed On**: Feb 3, 2025
- **Days on Market**: 586 Days

### Residence Features

- Washer Hookup
- In Unit
- High Ceilings
- Washer Dryer Allowed
- City Lights
- City

## Sales Evidence

### Recent closed sales

89 apartments at One11 have recorded sales since September 2021, the most recent for $4,250,000 in September 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [41K](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/111-west-56th-street-k-41K-ny-10019) (Apartment) | 2 | 1,420 | $4,250,000 | $2,993/ft² | September 1, 2026 | MLS |
| 37B (Apartment) | 1 | 693 | $1,880,000 | $2,713/ft² | June 12, 2026 | City record · MLS |
| 40A (Apartment) | 1 | 707 | $2,225,000 | $3,147/ft² | March 16, 2026 | City record · MLS |
| 38L (Apartment) | 2 | 1,196 | $3,200,000 | $2,676/ft² | February 24, 2026 | City record · MLS |
| 41I (Apartment) | 2 | 1,366 | $2,800,000 | $2,050/ft² | January 23, 2026 | City record · MLS |
| 38A (Apartment) | 1 | 707 | $2,100,000 | $2,970/ft² | December 15, 2025 | City record · MLS |
| 36J (Apartment) | 2 | 1,165 | $2,145,000 | $1,841/ft² | December 12, 2025 | City record · MLS |
| 37J (Apartment) | 2 | 1,165 | $2,325,000 | $1,996/ft² | December 11, 2025 | City record · MLS |
| 38F (Apartment) | 1 | 550 | $1,290,000 | $2,345/ft² | December 2, 2025 | City record · MLS |
| PHC (Apartment) | 4 | 2,783 | $12,300,000 | $4,420/ft² | October 6, 2025 | City record · MLS |
| 40K (Apartment) | 1 | 698 | $1,825,000 | $2,615/ft² | September 26, 2025 | City record · MLS |
| PHD (Apartment) | 1 | 1,215 | $3,550,000 | $2,922/ft² | September 22, 2025 | City record · MLS |
| 40I (Apartment) | 2 | 813 | $1,830,000 | $2,251/ft² | September 17, 2025 | City record · MLS |
| 38J (Apartment) | 2 | 1,165 | $2,350,000 | $2,017/ft² | September 3, 2025 | City record · MLS |
| 41G (Apartment) | 2 | 803 | $2,130,000 | $2,653/ft² | September 2, 2025 | City record · MLS |
| 39J (Apartment) | 2 | 1,165 | $2,410,000 | $2,069/ft² | August 15, 2025 | City record · MLS |
| 39A (Apartment) | 1 | 707 | $2,165,680 | $3,063/ft² | August 6, 2025 | City record · MLS |
| 39B (Apartment) | 1 | 693 | $2,165,680 | $3,125/ft² | August 6, 2025 | City record · MLS |
| 37A (Apartment) | 1 | 707 | $2,065,000 | $2,921/ft² | August 1, 2025 | City record · MLS |
| 41E (Apartment) | 1 | 550 | $1,390,000 | $2,527/ft² | August 1, 2025 | City record · MLS |
| 41J (Apartment) | Studio | 412 | $1,050,000 | $2,549/ft² | July 29, 2025 | City record · MLS |
| 40L (Apartment) | 2 | 1,181 | $3,225,000 | $2,731/ft² | June 25, 2025 | City record · MLS |
| 34J (Apartment) | 2 | 1,165 | $2,085,000 | $1,790/ft² | June 17, 2025 | City record · MLS |
| 39K (Apartment) | 1 | 698 | $1,740,000 | $2,493/ft² | June 6, 2025 | City record · MLS |
| 40J (Apartment) | 2 | 1,165 | $2,475,000 | $2,124/ft² | June 4, 2025 | City record · MLS |
| 41H (Apartment) | 1 | 547 | $1,390,000 | $2,541/ft² | June 2, 2025 | City record · MLS |
| 35J (Apartment) | 2 | 1,165 | $2,100,000 | $1,803/ft² | May 30, 2025 | City record · MLS |
| 41F (Apartment) | 1 | 549 | $1,390,000 | $2,532/ft² | May 5, 2025 | City record · MLS |
| 40F (Apartment) | 1 | 550 | $1,280,000 | $2,327/ft² | April 28, 2025 | City record · MLS |
| 35L (Apartment) | 2 | 1,196 | $2,245,000 | $1,877/ft² | April 10, 2025 | MLS |
| 40G (Apartment) | 1 | 549 | $1,350,000 | $2,459/ft² | April 10, 2025 | MLS |
| 40H (Apartment) | 2 | 811 | $2,090,000 | $2,577/ft² | April 10, 2025 | MLS |
| 36B (Apartment) | 1 | 693 | $1,875,000 | $2,706/ft² | February 28, 2025 | City record · MLS |
| 39F (Apartment) | 1 | 550 | $1,250,000 | $2,273/ft² | February 26, 2025 | City record · MLS |
| 40D (Apartment) | 1 | 549 | $1,300,000 | $2,368/ft² | January 21, 2025 | City record · MLS |
| 34L (Apartment) | 2 | 1,196 | $2,035,000 | $1,702/ft² | January 9, 2025 | City record · MLS |
| 38G (Apartment) | 1 | 549 | $1,225,000 | $2,231/ft² | December 30, 2024 | City record · MLS |
| 36L (Apartment) | 2 | 1,196 | $2,150,000 | $1,798/ft² | December 18, 2024 | City record · MLS |
| 37L (Apartment) | 2 | 1,196 | $2,306,698 | $1,929/ft² | December 16, 2024 | City record · MLS |
| 37F (Apartment) | 1 | 550 | $1,200,000 | $2,182/ft² | December 11, 2024 | City record · MLS |

Showing the 40 most recent of 89 recorded sales in this period.

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

The median closed price for comparable one-bedroom sales at One11 is $1,325,000, based on 42 sales between November 2023 and June 2026. This home is asking $2,995,000, $1,670,000 above that median. The middle half of those sales closed between $1,230,000 and $1,850,000.

- **Median closed price**: $1,325,000
- **Middle half**: $1,230,000 – $1,850,000
- **Based on**: 42 one-bedroom sales at One11
- **Period**: November 2023 – June 2026
- **Median $/ft²**: $2,336/ft²

Across the 42 of these sales with a published asking price, the median closed at 95.7% of what it originally asked. 93% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 95.7% of the original ask
- **Closed below ask**: 93% of 42 sales
- **Listed → in contract**: 58 days (about 8 weeks)
- **In contract → closed**: 56 days (about 8 weeks)

Across the 42 of these sales with a published asking price, the median closed at 95.7% of what it originally asked. 93% of them closed below the original ask.

Half of these homes were in contract within 58 days (about 8 weeks) of coming to market, based on the 42 with a recorded listing date.

Once a deal was agreed, closing took a further 56 days (about 8 weeks), based on the 41 with both dates recorded.

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.

Based on 42 one-bedroom sales at One11, November 2023 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median price per square foot for sales at One11, 2023 to 2026. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2023 | $2,413/ft² | 17 |
| 2024 | $2,240/ft² | 31 |
| 2025 | $2,368/ft² | 25 |
| 2026 | $2,694/ft² | 4 (thin) |

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.

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 One11](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/one11)

## Price and Property History for 111 West 56TH Street, Unit PHB

Review the recorded listing activity for 111 West 56TH Street, Unit PHB, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $255,000, or 7.8%, on April 28, 2026
- **Originally listed**: February 3, 2025 at $3,250,000
- **Current asking price**: $2,995,000

| Date | Price | Listing event |
| --- | --- | --- |
| April 28, 2026 | $2,995,000 | Asking price reduced by $255,000, or 7.8% |
| February 3, 2025 | $3,250,000 | Listed for sale by Douglas Elliman Real Estate |

## Property Tax History

Taxes at 111 West 56th Street #PHB were $21,263 in 2026, up 9.3% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $196,219 | $98,340 | $97,879 | $170,107 | $21,263 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $186,562 | $98,340 | $88,222 | $155,663 | $19,458 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $195,248 | $98,340 | $96,908 | $143,154 | $17,894 | 12.5% |

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 1010091398. 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

### One11

Midtown · Condominium

111 West 56th Street, New York, NY 10019

A building in Midtown, currently featuring 7 active listings.

- **Year Built**: 1981
- **Total Units**: 7
- **Floors**: 41

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/one11)

### Available Residences — For Sale (7)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [PHB](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/111-west-56th-street-phb-PHB-ny-10019) | 1 | 2 | 1,079 sqft | $2,776 | $2,995,000 (-7.8%) | Douglas Elliman Real Estate | Feb 3, 2025 | 586 days |
| [35C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/111-west-56th-street-c-35C-ny-10019) | 2 | 2 | 1,133 sqft | $2,251 | $2,550,000 — In contract | Douglas Elliman Real Estate | Sep 16, 2024 | 726 days |
| [41K](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/111-west-56th-street-k-41K-ny-10019) | 2 | 3 | 1,420 sqft | $2,993 | $4,250,000 (-5.6%) | Douglas Elliman Real Estate | Jul 9, 2025 | 430 days |
| [34E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/111-west-56th-street-e-34E-ny-10019) | 1 | 1 | 568 sqft | $2,377 | $1,350,000 | Keller Williams NYC | Apr 22, 2026 | 143 days |
| [38K](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/111-west-56th-street-38k-ny-10019) | 1 | 1 | 698 sqft | $2,758 | $1,925,000 | Sothebys International Realty | Sep 1, 2026 | 11 days |
| [34A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/111-west-56th-street-34a-ny-10019) | 1 | 1 | 707 sqft | $2,829 | $2,000,000 | Berkshire Hathaway HomeServices New York Properties | Sep 8, 2026 | 4 days |
| [35J](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/111-west-56th-street-35j-ny-10019) | 2 | 2 | 1,165 sqft | $1,970 | $2,295,000 | Douglas Elliman Real Estate | Sep 8, 2026 | 4 days |

## Estimated Monthly Payment

**$17,505 / month**, assuming a 20% down payment ($599,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $15,144
- **Common Charges**: $2,361

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

## Midtown

The Center of the World

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

### Nearby Midtown

- [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill)
- [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district)
- [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [Hells Kitchen real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hells-kitchen)
- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea)

## Related Links

- [One11 — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/one11)
- [Midtown neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)
- [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.