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111 East 56th Street
Apartment #1415
$1,300,000 Price
2 Bedrooms   2.0 Baths
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Photo 1 of 111 East 56th Street 1415, Midtown East, NYC, $1,300,000, Web #: 1065232967Previous PhotoNext Photo1 of 8

111 East 56th Street, Midtown East, NYC

This exclusive offering at The Lombardy presents an unparalleled opportunity for investment, leisure, and convenience. With two distinct suites meticulously crafted from an original unit of nearly 1,500 square feet, you have the flexibility to enjoy luxury living while maximizing your investment potential. Suite 1406...

This exclusive offering at The Lombardy presents an unparalleled opportunity for investment, leisure, and convenience. With two distinct suites meticulously crafted from an original unit of nearly 1,500 square feet, you have the flexibility to enjoy luxury living while maximizing your investment potential. Suite 1406 features a sprawling one-bedroom executive suite, complete with four windows that flood the space with natural light. Hosting friends or family is effortless with a designated dining area, well-appointed kitchenette, and ample room for entertainment. Meanwhile, Suite 1415 offers a lavish studio layout, boasting two windows and equally impressive amenities. Both suites offer indulgent five-piece bathrooms with double vanities and walk-in shower stalls, along with elegant wide plank oak floors, recessed lighting, and abundant storage options throughout. From a financial perspective, the projected nightly rental rates are compelling, with the studio fetching $343 and the one-bedroom commanding $443. With net revenues ranging from 49% to 62% to the shareholder, this investment promises both stability and profitability. Situated on East 56th St, just moments from Central Park and amidst a vibrant landscape of luxury developments, including the Waldorf Astoria and Mandarin Oriental, this property offers the epitome of New York City living. Whether you choose to occupy one residence, both, or neither, The Lombardy's renowned hotel pool ensures seamless rental management whenever you're away. Don't miss out on this exceptional opportunity to own a piece of Manhattan's iconic skyline. Reach out today to learn more and secure your place in the heart of the Big Apple!

Courtesy of Serhant LLC

Floorplan for 111 East 56th Street, 1415

Floorplan for 111 East 56th Street, 1415

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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
Type: Cooperative
Price: $1,300,000
Maintenance/CC: $7,376
Web ID: 1065232967

Info & Amenities

Type: Co-op
Rooms: 4.0
Bedrooms: 2
Bathrooms: 2.0
Built: 1927
Pets allowed: Yes

Map of Area for 111 East 56TH Street 1415

Get to Know Midtown East

Midtown East is a vibrant neighborhood located in the heart of Manhattan, New York City. It stretches from East 42nd Street to East 59th Street and is bordered by the East River to the east and Fifth Avenue to the west. This area is known for its bustling commercial district, iconic landmarks, and convenient accessibility to various attractions and amenities.

More About Midtown East

Neighborhood Guide to Midtown East

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved.

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