The Lombardy

111 East 56th Street, 215

Midtown East   |   Park Avenue & Lexington Avenue

Co-op [Full Service]
$ 499,000
Rooms 2
Bathrooms 1
Status Active
Maintenance [Monthly] $ 1,755
Financing Allowed 50%
Listing ID: 1859226

Property Description

RARE INVESTMENT OPPORTUNITY! Own an income-producing pied-a-terre in a historic boutique residential hotel.This spacious, renovated studio in The Lombardy Hotel is the perfect pied-a-terre and investment property. Because apartment 215 is part of the hotel's rental pool, you can enjoy the luxuries of a hotel while you are in the city and earn rental income while you are away. Its monthly maintenance even includes electricity, cable, wifi, and twice-daily housekeeping. Built in 1926 by William Randolph Hearst, The Lombardy is an elegant retreat in the center of Midtown Manhattan. Its location off Park Avenue on 56th Street is blocks away from of some of the best dining, shopping, and culture in the city, ideal for tourists and business travelers alike. Residents and their guests enjoy a fitness center, on-site salon, doorman and concierge, and the best coffee in Manhattan at Ninth Street Espresso. Trusts and corporate purchasers welcome. Don't miss this unique opportunity! Capital assessment of $281.25 per month. 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.
RARE INVESTMENT OPPORTUNITY! Own an income-producing pied-a-terre in a historic boutique residential hotel.This spacious, renovated studio in The Lombardy Hotel is the perfect pied-a-terre and investment property. Because apartment 215 is part of the hotel's rental pool, you can enjoy the luxuries of a hotel while you are in the city and earn rental income while you are away. Its monthly maintenance even includes electricity, cable, wifi, and twice-daily housekeeping. Built in 1926 by William Randolph Hearst, The Lombardy is an elegant retreat in the center of Midtown Manhattan. Its location off Park Avenue on 56th Street is blocks away from of some of the best dining, shopping, and culture in the city, ideal for tourists and business travelers alike. Residents and their guests enjoy a fitness center, on-site salon, doorman and concierge, and the best coffee in Manhattan at Ninth Street Espresso. Trusts and corporate purchasers welcome. Don't miss this unique opportunity! Capital assessment of $281.25 per month. 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.

Listing Courtesy of Next Stop NY

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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

$ 1,055 APPSF

Active Sale Listings

Mortgage Calculator in [US Dollars]

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2020 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.