$999,000
Updated 7 years ago
Off Market

The Lombardy

111 East 56th Street, 504/516

Midtown East, Manhattan | Park Ave & Lexington Ave

3 Rooms1 Bed2 Baths800 Square FeetCo-op

$999,000
Maintenance$4,854
Price Per SF
$1,249

Outdoor space and views

  • South Exposure

Building Amenities

  • Full Service
  • Attended Elevator
  • Business Center
  • Health Club
  • Hotel Service
  • Housekeeping
  • Valet Service

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 111 East 56th Street, 504/516

Two studio apartments (previously a large one-bedroom apartment) give the opportunity for twice the income at the Lombardy Hotel! These newly renovated, south facing apartments sell fully furnished. The Lombardy offers an unrestricted rental program where owners have ability to choose unlimited personal usage or a full time income stream from the hotel rental pool. Full hotel services include twice daily maid service, bell man and concierge services, fitness center, business center, Nico’s Beauty Salon and valet parking. Onsite dining at American Cut Restauarant and Ninth Street Espresso. Corporate ownership, trusts, and foreign purchasers are welcome. Owner/Broker

Listing History for 111 East 56th Street, 504/516

Now
07/22/2019
TOM by Cody Parker
Stephen P. Wald Real Estate Associates
03/08/2019
Back on the Market by Cody Parker
Stephen P. Wald Real Estate Associates

Building Details for 111 East 56th Street

OwnershipCo-op
Building TypeHigh-Rise
Service LevelFull Service
AgePre-War
AccessAttended Elevator
Year Built1927
Financing Allowed50%
Floors/Apts21/176
Learn More About the Building

Transit and Citi Bike

Subway

59 St
0.18 miles
Lexington Av/59 St
0.22 miles
Lexington Av/53 St
0.24 miles
5 Av/53 St
0.25 miles
51 St
0.26 miles

Railroad

Grand CentralLong Island Rail Road
0.47 miles

Citi Bike

E 56 St & Madison Ave
0.12 miles
E 58 St & 3 Ave
0.17 miles

Contact Agent

Contact Agent

Cody Parker
Stephen P. Wald Real Estate Associates

Midtown East | Manhattan

Quick Profile

Midtown West and Midtown East have a lot in common. They’re bustling, iconic, and full of people. But just like siblings, their personalities can be vastly different. Midtown East is a bit more sophisticated and doesn’t quite have the vivacity and unruliness that its westerly counterpart exudes. 

Midtown East is bordered by 42nd to the south, 59th Street to the north, 5th Avenue to the west, and 3rd Avenue to the east. 

The neighborhood is famous for its high-end stores, tourist attractions, posh hotels (budget ones too), and iconic architecture. Midtown East is also one of the largest financial and business hubs in Manhattan. During normal business hours the sidewalks are full of commuters and people moving from point A to point B. In the early evening, when the masses have left for the day, things suddenly get a little quieter and the sidewalks have a lot less foot traffic.  

Although largely a commercial neighborhood, residential areas of Midtown East do exist on the eastern section of the neighborhood. 

Grand Central Station is located in Midtown East and like Midtown West, it’s an extremely commutable neighborhood. The 4, 5, 6, 7 and S trains whisk people in and out of the neighborhood 24 hours a day. Grand Central Station also serves as a hub for New York State and Connecticut commuter rails. These trains can take you anywhere along the Hudson River or up into Connecticut. It’s perfect for day tripping. 

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.
OLR ID: 1297775