$865,000
Updated 12 years ago
Sold

The Lombardy

111 East 56th Street, 603

Midtown East, Manhattan | Park Ave & Lexington Ave

3 Rooms1 Bed1 Bath900 Square FeetCo-op

$865,000
Maintenance$4,101
Price Per SF
$961

This property was sold for $865,000 on 03/27/14.

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, 603

One bedroom, one bathroom luxury hotel suite which can be converted into two income producing studios.
Live the life of luxury when you’re in town and earn premium rental income while you’re away. Stephen P. Wald Real Estate Associates is 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 and three-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. Dine at Harlow, the new Richie Notar (Nobu) 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. Call 212 750 WALD (9253) for availabilities.
The next move is yours……..

Listing History for 111 East 56th Street, 603

Now
03/28/2014
$865,000
Sold and Closed by Stephen P. Wald
Stephen P. Wald Real Estate Associates
02/06/2014
Contract Signed by Stephen P. Wald
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

Stephen Wald
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: 1276447