$625,000
Updated 8 months ago
Off Market

The Lombardy

111 East 56th Street, 1601

Midtown East, Manhattan | Park Ave & Lexington Ave

3.5 Rooms1 Bed1 Bath800 Square FeetCo-op

$625,000
Maintenance$4,768
Price Per SF
$781

Listing Features

  • Deco Fireplace
  • Hardwood Floors
  • Walk-in Closet
  • Pullman Kitchen
  • En Suite Bathroom

Outdoor space and views

  • City 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, 1601

Wonderful Opportunity to Own a High Floor, South Facing One Bedroom at The Lombardy.

This spacious and bright one bedroom home is perfect for a primary residence, pied a terre, or investment property. 1601 features an oversized south facing living room with custom built-in storage and space for a large dining area. The bedroom also benefits from the sunny south-facing exposure and has a walk in closet and renovated ensuite bathroom.

The famed Lombardy is a full-service pre-war cooperative in a prime midtown location on 56th between Park and Lexington. It is an exceptionally unique cooperative as it features a hotel program which permits unlimited short-term rentals that are managed by the building. Apartment 1601 qualifies for the hotel program and has a long, successful track record generating income for the owner. Each apartment is individually owned and decorated, and can opt into the hotel program if the condition of the unit meets the required standards. Please inquire directly to discuss and review 1601's exceptional rental track record. Utilities are included in the monthly maintenance.

The Lombardy was built in 1926 by William Randolph Hearst. Residents benefit from the building's lovely staff with 24 hour doorman, concierge desk, maid service / housekeeping, a fitness center, and a business center. 50% financing permitted. Corporate Ownership Permitted.

Listing History for 111 East 56th Street, 1601

Now
12/10/2025
TOM by Will Kerr
Corcoran
04/10/2025
$625,000
Initial Price by Will Kerr
Corcoran

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
0.17 miles
Lexington Av/59 St
0.21 miles
Lexington Av/53 St
0.24 miles
5 Av/53 St
0.26 miles
51 St
0.27 miles

Railroad

Grand CentralLong Island Rail Road
0.47 miles

Citi Bike

E 56 St & Madison Ave
0.13 miles
E 58 St & 3 Ave
0.16 miles

Contact Agent

Contact Agent

Will Kerr
Corcoran

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: 161757