111 East 56th Street #1108, New York City, NY 10022

Midtown East, New York City, NYCourtesy of Compass

Last updated:

111 East 56th Street #1108, Midtown East, Manhattan, NY 10022 - Main property photo
111 East 56th Street #1108, Midtown East, Manhattan, NY 10022 - Property photo 2 of 5
111 East 56th Street #1108, Midtown East, Manhattan, NY 10022 - Property photo 3 of 5
111 East 56th Street #1108, Midtown East, Manhattan, NY 10022 - Property photo 4 of 5
111 East 56th Street #1108, Midtown East, Manhattan, NY 10022 - Property photo 5 of 5

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 beside this are illustrative, based on a 3% buyer-broker commission; your share follows the commission offered on the transaction.

Contract Purchase Price$850,000
Illustrative Buyer Commission Share-$12,750*
Illustrative Net Cost$837,250
Listing Price
$850,000
Common Charges$6,084 / mo
Monthly Taxes—
Price per Sqft—
Brokerage FeeShare Eligible
1
Beds
1
Baths
—
Sqft
Illustrative Buyer Savings
+$12,750*
50% of a 3% buyer-broker commission, shared at closing
Regis Roumila

Regis Roumila

Verified Member: REBNY · NAR

NYDOS LIC#: 10491211335

Send Message

Property Overview

Short-Term Rental Friendly | Zero Vacancies | Prime Investment Spacious, Sunlit One-Bedroom in a Premier Midtown Location Flooded with natural light and defined by its high ceilings, Residence 1108 at 111 East 56th Street is an exceptional one-bedroom home offering scale, serenity, and sophistication in the heart of Midtown East. A gracious entry leads into an expansive living and dining area, beautifully framed by oversized windows that capture light throughout the day. The high ceilings create an airy, while the generous proportions easily accommodate both living and entertaining. The we...

Property Details

PROPERTY TYPECo-op
BEDS1
BATHS1
ROOMS2
STORIES22
YEAR BUILT1927
COMMON CHARGES$6,083.94 / Monthly
LISTED ONOct 24, 2025
DAYS ON MARKET354 Days
 
 
 

Residence Features

•Building Washer Dryer Install Allowed
•Valet

Building Amenities

•Valet

Estimated Monthly Payment

$10,382/ month
Principal & Interest$4,29841% of totalCommon Charges$6,08459% of total
Down Payment$170,000 (20%)
Interest Rate6.5%
Loan Term
Principal & Interest
$4,298
Common Charges
$6,084

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

Sales and market data

Recent sales

2 apartments at 111 East 56th Street have recorded sales since October 2021, the most recent for $545,000 in June 2026. Prices are the figures recorded with the City, not asking prices.

Recorded sales at 111 East 56th Street, October 2021 – June 2026
1601Apartment$545,000June 8, 2026City record
708Apartment$550,000October 31, 2024City record

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
$850,000
Median sold price
$582,000
Difference
+$268,000 (+46%)
Comparable sales
36
Sales from
Oct 2024 – Aug 2026

Based on co-op one-bedroom sales in Midtown East.

More market data
Middle half of those sales
$499,750 – $656,250

Square footage is recorded for only 13 of these 36 sales (36%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Midtown East instead.

How these sales were negotiated

Sale-to-list price
96.6%
Sold below asking
79%
Typical time to find a buyer
108 days
Typical time to close
84 days

Based on co-op one-bedroom sales in Midtown East with the required listing and closing data. Sample sizes vary by metric.

Price trend

Median sale price, co-op one-bedroom sales in Midtown East

Median sold price by year for co-op one-bedroom sales in Midtown East, 2017 to 2026, with the number of sales behind each year
YearMedian sold priceSales
2022$598,00043
2023$510,00019
2024$572,50024
2025$592,00018
2026 YTD$615,00015
More market history
Earlier years of the same series, 2017 to 2021
YearMedian sold priceSales
2017$644,50028
2018$615,00021
2019$568,50016
2020$594,50018
2021$580,00031

Based on recorded co-op one-bedroom sales in Midtown East. 2026 is year-to-date.

Sales data through August 2026.

Sale prices and dates are based on NYC ACRIS records. MLS closing dates may differ. Historical sales are not an appraisal or valuation of this property.

Price and Property History for 111 East 56th Street, Unit 1108

Review the recorded listing activity for 111 East 56th Street, Unit 1108, including asking-price changes and prior market dates.

Latest price change
Increased by $300,000, or 54.5%, on September 17, 2026
Originally listed
June 23, 2025 at $800,000
Current asking price
$850,000
Listing and price history for 111 East 56th Street, Unit 1108
DatePriceListing event
$850,000Asking price increased by $300,000, or 54.5%
$550,000Listing removed from the market
$550,000Asking price reduced by $250,000, or 31.3%
$800,000Listed for sale by Compass

Property Taxes

This apartment is part of a co-op that is taxed as one lot. The corporation’s 2026 property tax bill was $2,119,214 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

About The Building

111 East 56th Street
Midtown East · Stock Cooperative

111 East 56th Street

111 East 56th Street, New York, NY 10022

A building in Midtown East, currently featuring 7 active listings.

YEAR BUILT1927
ACTIVE UNITS7
FLOORS22

Interested in 111 East 56th Street?

Consult Régis for private buyer guidance, off-market opportunities, building financials, board package requirements, closing costs, and potential Buyer Savings.

Available Residences

110811——
$850,000(+54.5%)
CompassOct 24, 2025354 days
100522——
$499,000(-23.1%)
CompassMar 4, 2025588 days
1102/03221,332 sqft$668
$890,000
ALTA Real EstateAug 19, 2025420 days
712Studio1634 sqft$473
$300,000
Stephen P Wald Real Estate Associates IncJan 15, 2026271 days
40911600 sqft$500
$300,000
Stephen P Wald Real Estate Associates IncJan 22, 2026264 days
90711500 sqft$700
$350,000
Stephen P Wald Real Estate Associates IncMar 6, 2026221 days

In the Neighborhood

Nearby Schools

High School of Art and Design0.24 miles
Browning School0.29 miles
Peter G Peterson Center for International Studies0.58 miles
Lyceum Kennedy International School0.68 miles
Repertory Company High School for Theatre Arts0.81 miles

* Distances are approximate line-of-sight metrics.

Map

Midtown East

Overview of Midtown East


Explore Midtown East homes for sale, from luxury high-rise condominiums and established co-ops to full-service buildings near Grand Central, Park Avenue, Sutton Place, and the East River corridor.​

For buyers, Midtown East offers convenience, transportation access, and a wide range of building types with important differences in pricing, monthly costs, building quality, and eligible Buyer Advantage opportunities.​

Real Estate & Housing Market

The market for homes for sale in Midtown East includes luxury high-rise condos.

Lifestyle & Community

The lifestyle in Midtown East is busy on weekdays, quiet on weekends.

Transportation & Accessibility

Midtown East is connected to everything via Grand Central.

Parks, Schools & Amenities

Bryant Park is nearby. Amenities: World-class shopping on 5th Ave.

Who This Neighborhood Is Best For

Midtown East is best for corporate professionals.

Midtown East
REBNY Logo

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.