111 East 56th Street
Apartment #1408
$525,000 Price
0 Beds     1.0 Baths
111 East 56th Street 1408, Midtown East, NYC, $525,000, Web #: 14253255
111 East 56th Street 1408, Midtown East, NYC, $525,000, Web #: 14253255
111 East 56th Street 1408, Midtown East, NYC, $525,000, Web #: 14253255
111 East 56th Street 1408, Midtown East, NYC, $525,000, Web #: 14253255
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PERFECT PIED-A-TERRE OR INVESTMENT!

Charming high-floor, large 2 room north-facing studio apartment in good condition, quiet & bright - perfect for a Manhattan part time residence or investment. 'Turn-key' ready, the apartment features a large and elegant 'studio', a gracious foyer, good closet space & 10 ft ceilings.

Presently apartment 1400 is...

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Charming high-floor, large 2 room north-facing studio apartment in good condition, quiet & bright - perfect for a Manhattan part time residence or investment. 'Turn-key' ready, the apartment features a large and elegant 'studio', a gracious foyer, good closet space & 10 ft ceilings.

Presently apartment 1400 is offered w/ contiguous apartments, 1400 (3 1/2 rooms) & apartment 1401 (3 1/2 rooms) as a package for $2,300,000. The combined maintenance for the 3 apartments is $8528.40.

Apartments 1400, 1401, 1408, 810, 512, 208 also are part of an investor package of 6 apartments which can be purchased separately or jointly. The price for the package is $3,725,000.

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. Built by William Randolph Hearst in 1926, the building is located on a leafy and tranquil side street in the sophisticated 'East 50s', two blocks from Central Park, convenient to all transportation -- and proximate to Manhattan's most fashionable shops, boutiques & restaurants. The Lombardy includes Cafe 56 restaurant (offering room service), 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.

Floorplan for East 56th Street

Floorplan

Nearby Transit

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Lexington Ave, 59th St, 0.12 mi.

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Lexington Ave, 59th St, 0.13 mi.

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Lexington Ave, 53rd St, 0.14 mi.

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5th Ave, 53rd St, 0.16 mi.

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51st St, 0.16 mi.

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5th Ave, 59th St, 0.20 mi.

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Lexington Ave, 63rd St, 0.22 mi.

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Midtown East, NYC
Cooperative
Maintenance/CC: $2,337
Financing Allowed: 50%
Web ID: 14253255

Info & Amenities

Rooms: 2.5
Bathrooms: 1.0
Pied-à-terre allowed: Yes
Period: Pre-War
Built: 1927
Building Type: Elevator
Doorman: Yes
Attended lobby: Yes
Concierge: Yes
Health club: Yes
Pets allowed: Yes

Listing Agent(s)

Art Irwin
Art Irwin
Email Art
o: 212-381-3263
c: 917-599-7193