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For Sale
111 East 56th Street Unit: 1415
111 East 56th Street Unit: 1415
111 East 56th Street Unit: 1415
111 East 56th Street Unit: 1415
111 East 56th Street Unit: 1415
111 East 56th Street Unit: 1415
111 East 56th Street Unit: 1415
111 East 56th Street Unit: 1415
111 East 56th Street Unit: 1415

111 East 56th Street Unit: 1415

$1,300,000

  • 2 BEDROOMS
  • 2 FULL BATHS

Property Description

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!

Overview

Open House
Property Type
Co-op
Location
111 East 56th Street Unit: 1415, New York City, NY 10022
MLS ID
RPLU-1032522941234
Listing Last Updated

Property Features & Amenities

Interior

Total Bedrooms
2
Full Bathrooms
2

Exterior

Stories
21
Air Conditioning
Central Air
Other Exterior Features
None

Details

Neighborhood
Midtown East
View Description
City

Financial

Price
$1,300,000
Maintenance Fee
$7,376/mo
Zoning
C5-2

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Exclusive Listing Agents

David Rosen

Licensed Associate Real Estate Broker

(917) 524-9680
Socrates Gomez

Licensed Real Estate Salesperson

(917) 330-5532

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    The Neighborhood

    Midtown East

    Few other neighborhoods embody the archetype of classic New York City like Midtown East with iconic monuments, Grand Central Terminal and the United Nations.

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    David  Rosen
    David Rosen
    Licensed Associate Real Estate Broker
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