# 56 Leonard Street, Manhattan

Condominium · 146 units · built 2007 · Block 176, Lot 7501.

On Umarelli: https://umarelli.org/nyc/1001767501/56-leonard-street

More construction in Civic Center: https://umarelli.org/nyc/manhattan/civic-center.md

## Building permits

- Alteration, filed Mar 17, 2025
- Alteration, filed Nov 9, 2023, estimated cost $86K, described as “General construction and plumbing work to renovate Unit PH58 on the 53rd floor. No change in use, egress, or occupancy.”
- Alteration, filed Jun 14, 2023, estimated cost $182K, described as “Filing for the facade restoration as shown on drawings filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed May 31, 2023, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed May 16, 2023, estimated cost $10K, described as “General construction work proposed as per submitted plans. No change in use, egress or occupancy.”
- Alteration, filed May 12, 2023, estimated cost $15K, described as “Plumbing work proposed as per submitted plans. No change in use, egress or occupancy.”
- Alteration, filed May 12, 2023, estimated cost $50K, described as “Installation of new humidification equipment as per plans submitted. No change to use, egress or occupancy.”
- Alteration, filed Jul 30, 2021, estimated cost $105K, described as “Filing for the tenant fit out of the commercial space. No change in use,egress or occupancy.”
- Alteration, filed Apr 6, 2021, estimated cost $1K, described as “Provide curb cut at leonard street in conjunction with NB # 104799648. No change in use, egress or occupancy.”
- Alteration, filed May 22, 2020, estimated cost $40K, described as “Modifications to the existing mechanical equipment as per plans submitted. No change to use, egress or occupancy.”
- Alteration, filed May 22, 2020, estimated cost $15K, described as “Modification of sprinklers per plans submitted. No change to use, egress or occupancy.”
- Alteration, filed May 22, 2020, estimated cost $25K, described as “Modification of plumbing fixtures as per plans filed. No change to use, egress or occupancy.”
- Alteration, filed Feb 15, 2019, described as “Installation of pipe scaffold as per plans. No change in use, egress or occupancy.”

## Property taxes

- Assessment: $73,822,048
- 2026–27 tax: $8,223,101
- Market value (city estimate): $164,049,003
- Taxable value: $69,307,614
- Assessed land: $947,252
- Assessed improvements: $72,874,796
- Condo units with their own tax lots: 148

## Tax breaks

- Co-op and condo abatement, with no end date, a $372,744 credit this tax year.

## Zoning

C6-4: floor area ratio 29.28 built, above the 10.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Aug 25, 2026: $2,000,000, Apt 8CE
- Jul 9, 2026: $7,000,000, Apt 32AE
- May 4, 2026: $2,600,000, Apt 14AE
- Apr 7, 2026: $17,350,000, Apt 48W
- Feb 13, 2026: $4,900,000, Apt 19BW
- Feb 12, 2026: $7,450,000, Apt 24BW
- Jul 24, 2025: $4,400,000, Apt 21BE
- Jun 11, 2025: $4,725,000, Apt 33BE
- May 21, 2025: $2,500,000, Apt 16AE
- Apr 1, 2025: $7,950,000, Apt 14BE

The 10 most recent of 226 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard. FEMA’s preliminary map: zone X, moderate risk: a 0.2% chance of flooding each year.

## In the news

[Anish Kapoor’s Bean Sculpture Unveiled at 56 Leonard Street in Tribeca, Manhattan](https://newyorkyimby.com/2023/02/anish-kapoors-bean-sculpture-unveiled-at-56-leonard-street-in-tribeca-manhattan.html), New York YIMBY, Feb 5, 2023.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology