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The Lombardy
111 East 56th Street, 303
Midtown East, Manhattan | Park Ave & Lexington Ave
3 Rooms1 Bed1 Bath900 Square FeetCo-op
$995,000
$995,000
Updated 3 years ago
Off Market

The Lombardy

111 East 56th Street, 303

Midtown East, Manhattan | Park Ave & Lexington Ave

3 Rooms1 Bed1 Bath900 Square FeetCo-op

$995,000
Maintenance$4,159
Price Per SF
$1,106

Listing Features

  • Beamed Ceilings
  • BuiltIns
  • High Ceilings [9.1']
  • Walk-in Closet
  • Stall Shower

Outdoor space and views

  • South Exposure

Building Amenities

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

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 111 East 56th Street, 303

NEW TO MARKET RENOVATED INVESTMENT OPPORTUNITY

Come see this amazing investment opportunity. Unit 303 is a spacious (900 sq feet) and impeccably renovated one-bedroom in the Lombardy Hotel and Apartments. This front-facing, quiet pre-war apartment is renovated to the highest standards. It boasts 9-foot beamed ceilings and a gracious layout.

This home blends the best of both worlds: a hotel apartment that makes for the perfect pieds-a-terre when you are in town and a great investment that can be rented by the hotel on a nightly, weekly, or monthly basis.

Built in 1926 by William Randolph Hearst, the Lombardy Hotel has been home to many dignitaries and celebrities. It offers unparalleled elegance and discretion in a boutique setting. Services at the Lombardy Hotel (included in the maintenance) are twice-daily maid service, concierge, bellman, a fitness center, dry cleaning services, a business center, an espresso bar, and valet parking.

The location is on 56th Street between Park and Lexington Avenues - only four blocks from Central Park and close to NYC's best shopping, restaurants, museums, and cultural attractions. International, corporate, trust and pieds-a-terre purchases are welcome. 50% financing is permitted. Electric and gas are included in the maintenance.

Great investment opportunity. Newly renovated and in high demand.

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 Agents

Contact Agents

Maria Daou
Coldwell Banker Warburg
Parisa Afkhami
Coldwell Banker Warburg

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. 

More

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: 1998803
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