$1,250,000
Updated 10 years ago
Off Market

The Lombardy

111 East 56th Street, 212

Midtown East, Manhattan | Park Ave & Lexington Ave

3 Rooms1 Bed1 Bath750 Square FeetCo-op

$1,250,000
Maintenance$3,163
Price Per SF
$1,667

Listing Features

  • iPod Docking

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, 212

Presenting the perfect Hotel Lombardy investment. This newly constructed,over sized,luxuriously furnished hotel suite has the lowest monthly fees in the building yielding an excellent return on investment. 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. 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 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 Theater District. The owner’s rental program is the best in New York. Corporate, trusts and foreign purchasers are welcome. Call Stephen Wald 212 750 WALD (9253).

Listing History for 111 East 56th Street, 212

Now
08/15/2016
POM by Stephen P. Wald
Stephen P. Wald Real Estate Associates
05/17/2016
Exclusive Expired 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: 1378912