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for saleRealtyLens property overview
$12,295,000

56 Leonard St E Unit 24AB

Manhattan, NY, 10013
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5Beds
6Baths
3,843Sqft
$3199$/sqft

Listing Notes

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. 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. 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. 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.

Market Insights

Above nearby median+9.1%

$3199/sqft vs a nearby median of $2933/sqft.

Nearby median$2933/sqft
Nearby properties12
Property size3,843 sqft
  • +9.1% versus the nearby median price per square foot.
  • 2 price records are available for this property.
  • 3,843 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$12M$11M$13M · 50% confidence
vs ask $12M+$180k (+1.5%)

Asking price is well-anchored to the comp picture (+1.5%). Negotiate on terms, not headline price.

$2,933/sqft median across 12 tight comps × 3,843 sqft= $11M
  • Transit access+$451k +4.0%
  • High-density walkability+$225k +2.0%
  • Modern construction+$169k +1.5%
Cumulative NYC adjustments+$845k+7.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position+9.1% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price Movement1 price cut

Recorded price cuts can create room for negotiation, but the latest ask still needs to be compared against true comps.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
26 days
Last price change
Down $100,000 (0.8%)
Listed
Apr 15, 2026
Photos
21 photos
Property type
condos
Status
for sale
Last sold
Feb 13, 2025 · $15,000,000

Features & Amenities

Central AirCity ViewDoormanElevatorGymHardwood FloorsRecreation FacilitiesViewTwo Or More StoriesElevatorDenGreat Room

Photos

Building Facts

Year built
2015
Stories
57
Total units
148
Residential units
146
Building area
8.41 ac
Lot size
12,518 sqft
Land use
Mixed residential and commercial buildings
Building class
RM

From NYC public records where available.

Price History

May 4, 2026diff
$12,295,000for sale
May 4, 2026Initial record
$12,395,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.

56 Leonard St E Unit 24AB, Manhattan, NY, 10013 | RealtyLens