The listing facts are current enough for an initial property review.
400 E 56th St Apt 35M
Listing Notes
Bring your contractor, designer or a creative mind. This is an alcove studio that can easily be converted into a 1 bed 1 bath. The apartment needs work and is being sold in As-Is condition. Plaza 400 is a full-service co-op with Amenities that include a beautifully renovated lobby, 24-hour doorman, large fitness center, yoga/stretching studio, laundry, bicycle storage room, a security desk, concierge service, staffed package room with immediate electronic notification, and both a live-in super and live-in assistant super. The huge rooftop features a beautiful outdoor heated pool, and spectacular 360-degree views, with a party or game room, playroom, and tables and lounge chairs available for use upon request. Convenient to multiple subway lines and buses, restaurants, parks, and shopping. Utilities ARE included in the maintenance. 2% Flip Tax is paid by the buyer. Pieds-a-terre, guarantor, co-purchasing, or parents buying for children allowed. The general subletting policy is live for 3, then 3 out of 5 years, and is subject to board approval. The minimum down payment is 30%. Pet-friendly building and pets allowed. All information furnished herein is from sources deemed reliable. All information is submitted subject to errors, omissions, change of price, prior sale or lease, or withdrawal without notice. All dimensions are approximate. For exact dimensions, please hire your own architect or engineer. Opportunity to convert to a 1 bedroom.
Market Insights
$766/sqft vs a nearby median of $696/sqft.
- +10% versus the nearby median price per square foot.
- 2 price records are available for this property.
- 685 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 11.2% above where comps + adjustments land — there is room to negotiate.
- Mid-century building era−$7k −1.5%
- Visible condition issues−$5k −1.0%
- Transit access+$2k +0.5%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
The available price history has not shown a cut yet, so leverage may need to come from comps, condition, or days on market.
Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.
Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 24 days
- Last price change
- No change recorded
- Listed
- Apr 18, 2026
- Photos
- 5 photos
- Property type
- coop
- Status
- for sale
Features & Amenities
Building Facts
- Year built
- 1969
- Stories
- 38
- Total units
- 636
- Residential units
- 629
- Building area
- 22.21 ac
- Lot size
- 1.07 ac
- Land use
- Multi-family elevator buildings
- Building class
- D4
From NYC public records where available.