Updated 6 hours ago
New this week

The Lombardy

111 East 56th Street, 300

Midtown East, Manhattan | Park Ave & Lexington Ave

4 Rooms2 Beds2 Baths1,650 Square FeetCo-op Resale

$495,000
Maintenance$6,389
Price Per SF
$300

Listing Features

  • Beamed Ceilings

Outdoor space and views

  • North Exposure
  • 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, 300

ESTATE SALE OPPORTUNITY WITH UPSIDE: This massive 1650 sq ft 2 bedroom, 2 bath hotel apartment offers an amazing opportunity with the possibility to cash out in the next year or so with substantial profit. You can simply paint and refresh this enormous apartment just off Park Avenue in a Full Service hotel-coop and rent it out for enough income to cover the monthly fees or perhaps use it for yourself. There are many details to discuss so please make an appointment to see this! Photos are virtually staged.

Listing History for 111 East 56th Street, 300

Now
09/18/2026
$495,000
Initial Price by Stephen P. Wald
Stephen P. Wald Real Estate Associates
Launch

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

Licensed As
Stephen P. Wald
Broker
License#:
31WA0949881
Company:
Stephen P. Wald Real Estate Associates
Stephen P. Wald
Stephen P. Wald Real Estate Associates
View this property on the company's website

Building Availability

APPSF
Median
Average
$493
$497,000
$461,000
-
$485,000
$485,000
Last 12 months
$681
-
-
-
-
-

Two Beds in Midtown East

APPSF
Median
Average
$2,634
$3,050,000
$3,779,686
$2,870
$3,687,500
$3,779,083

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. 

Similar Listings in Midtown East

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: 2203380