The Lombardy

111 East 56th Street, 507

Midtown East   |   Park Avenue & Lexington Avenue

Co-op [Full Service]
$ 550,000
Rooms 2.5
Bedrooms 1
Bathrooms 1
Status Active
Maintenance [Monthly] $ 2,427
Financing Allowed 50%
Listing ID: 143266

Jason Bauer

License

Manager, Lic. Associate RE Broker

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Property Description

We are pleased to represent one of the best, newly renovated Junior One Bedroom apartments at The Lombardy Hotel. This hotel apartment has a gracious living area and potentially a large separate sleeping area.The bath and kitchen are new. This is a turn key investment opportunity with low monthly fees. Live the life of luxury when you’re in town and earn premium rental income while you’re away. We are the on-site broker at the Lombardy Hotel, one of New York City’s most exclusive addresses. Built in 1926 by William Randolph Hearst, The Lombardy Hotel has been home to legends such as Elizabeth Taylor & Richard Burton, Richard Rodgers & Dorothy Belle Feiner. It offers an unparalleled pre-war elegance and boutique appeal. Over-sized studios, one, two, three & four bedroom suites are available for purchase and long term rental. Full hotel services include twice daily maid service, bell man and concierge services, fitness center, business center, Nico’s Beauty Salon and valet parking. On site American Cut hotel restaurant and 9th Street Espresso bar. The Lombardy Hotel is situated in the heart of the Mid-Town East, close to fine dining, shopping and art galleries and the Theatre District. The owner’s rental program is the best in New York. Corporate, trusts and foreign purchasers are welcome. EXCELLENT OPPORTUNITY!
We are pleased to represent one of the best, newly renovated Junior One Bedroom apartments at The Lombardy Hotel. This hotel apartment has a gracious living area and potentially a large separate sleeping area.The bath and kitchen are new. This is a turn key investment opportunity with low monthly fees. Live the life of luxury when you’re in town and earn premium rental income while you’re away. We are the on-site broker at the Lombardy Hotel, one of New York City’s most exclusive addresses. Built in 1926 by William Randolph Hearst, The Lombardy Hotel has been home to legends such as Elizabeth Taylor & Richard Burton, Richard Rodgers & Dorothy Belle Feiner. It offers an unparalleled pre-war elegance and boutique appeal. Over-sized studios, one, two, three & four bedroom suites are available for purchase and long term rental. Full hotel services include twice daily maid service, bell man and concierge services, fitness center, business center, Nico’s Beauty Salon and valet parking. On site American Cut hotel restaurant and 9th Street Espresso bar. The Lombardy Hotel is situated in the heart of the Mid-Town East, close to fine dining, shopping and art galleries and the Theatre District. The owner’s rental program is the best in New York. Corporate, trusts and foreign purchasers are welcome. EXCELLENT OPPORTUNITY!

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Apartment Features

A/C
111 East 56th Street Midtown East New York NY 10022

Building Details [111 East 56th Street]

Ownership Co-op
Service Level Full Service
Access Attended Elevator
Pet Policy Pets Allowed
Block/Lot 1311/5
Building Type High-Rise
Age Pre-War
Year Built 1927
Floors/Apts 21/176

Building Amenities

Business Center
Health Club
Hotel Style Service
Housekeeping
Valet Service

Building Statistics

$ 1,093 APPSF

Active Sale Listings

$ 537 APPSF

Closed Sales Data [Last 12 Months]

Mortgage Calculator in [US Dollars]

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Loan Amount

Listing Courtesy of Stephen P. Wald Real Estate Associates
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2018 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
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.