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The Lombardy
111 East 56th Street, 1008
Midtown East, Manhattan | Park Ave & Lexington Ave
3 Rooms1 Bed1 BathCo-op
$975,000
$975,000
Updated 7 years ago
Off Market

The Lombardy

111 East 56th Street, 1008

Midtown East, Manhattan | Park Ave & Lexington Ave

3 Rooms1 Bed1 BathCo-op

$975,000
Maintenance$5,782

Listing Features

  • Abundant Closets
  • Beamed Ceilings
  • Carpeted MBR
  • Entry Foyer
  • High Ceilings [9']
  • Recessed Lighting
  • Separate Dining Area
  • Walk-in Closet
  • Oversized Windows
  • Dishwasher
  • Galley
  • Microwave
  • Pedestal Sink

Outdoor space and views

  • City Views
  • North 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, 1008

Lovely, commodious, bright & well proportioned 3.5 room ('one bedroom suite') apartment in mint condition, exuding a serene & sophisticated ambience -- perfect for a Manhattan residence, pied-a-terre or excellent investment opportunity.

Recently renovated by a famous South American decorator, the apartment is 'Turn-key' ready, 'pin-drop' quiet and features large, gracious rooms, abundant closet space and 9+ft ceilings.

Apartment 1008 is one of largest one bedroom suites in the Lombardy and one of the most consistently requested apartments from the Lombardy 'rental pool.' As an additional benefit for investors who are solely interested in income, 1008 can easily be divided and reconfigured into 2 large, spacious studio apartments to significantly increase income potential. A file of architectural renderings for potential apartment re-configuration to enhance usability/rental income is available upon request.

The distinguished 'Lombardy' has been the 2nd home to many prominent American & foreign owners. Richard Rogers, Richard Burton & Elizabeth Taylor spent much of their NY time at the Lombardy, as did many of the notable & glamorous stars of the 'Old Hollywood' of the 40's & 50's.

Built by William Randolph Hearst in 1926, the building is located on a leafy and tranquil side street in the sophisticated 'East 50s' off Park Avenue (presently the epicenter of the most expensive real estate in Manhattan), two blocks from Central Park, convenient to all transportation -- and proximate to Manhattan's most fashionable shops, boutiques & restaurants. The Lombardy includes the highly reviewed 'American Cut' restaurant, a state of the art fitness center, business center, beauty salon, espresso bar; valet parking is available for residents. Maid service (twice daily) and utilities are included in maintenance. Importantly, the Lombardy is a unique investment opportunity -- owners who are infrequently in residence may rent their apartments daily, weekly, monthly (or longer) and receive income during the time they are away. A 'Lombardy' in-house executive vets rental clients and arranges for apartment rentals. 2% flip tax paid by seller. Pets are allowed for unit owners.

Listing History for 111 East 56th Street, 1008

Now
10/06/2019
Expired by Art Irwin
Brown Harris Stevens Residential Sales LLC
04/10/2019
Back on the Market by Art Irwin
Brown Harris Stevens Residential Sales LLC
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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

Art Irwin
Brown Harris Stevens

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. 

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Featured on the Linecity Blog

The MEDIAN

Manhattan | August 2023

According to New York City records, the median price for an apartment in Manhattan for the month of August 2023 was $1,150,000.  The price represents a minimal decrease of .02% from the median price of $1,175,000 recorded in August 2022.  The number of apartment sales, however, fell from 1,546 to 1,204 reflecting a year-over-year decreas...

posted on December 8, 2023
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: 474061
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