Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,550,000

· Closed November 20, 2014

SOLD: 111 E 56th Street #1109
SOLD $1,550,000
Sold Co-op

$1,550,000

$1,107 per sq ft

111 E 56th Street #1109

Midtown East, Manhattan

THE LOMBARDY HOTEL

MLS® #RLS10067880

RLS at REBNY

Listing by The Corcoran Group

2

Bedrooms

2

Baths

1,400

Sq. Ft.

1927

Year Built

Sale Details

Original List Price $1,550,000
First Listed At $1,850,000
Close Date November 20, 2014

Property Summary

Bedrooms 2
Bathrooms 2
Living Area 1,400 sq ft
Year Built 1927
Ownership Co-op
Maintenance $6,855/mo
Neighborhood Midtown East

Description

Ideal opportunity to own a prime New York City property for both investment and personal use without handling tenants and property management situations. Rarely available approx 1,400 square foot King size 2 bedrooms 2 bathrooms co-op with a full hotel service in a world renown Lombardy Hotel located on the prestigious Park Avenue. The Lombardy offers an unrestricted rental program where owners have ability to choose unlimited and flexible personal usage and/or a full time income stream. Owners have the option of renting the apartment on a daily basis of a going rate of $814 per night and offer monthly or yearly leases. Foreign, corporate, and pied-a-terre buyers are welcome. Lombardys rich history and location makes it one of the most appealing destination for both domestic and international guests while earning high review ratings on the most prominent travel review sites. Bright, classically elegant and fully furnished apartment boasts 2 King size bedrooms and 2 full bathrooms located in the opposite wings for maximum privacy. Large living room. Full kitchen with ample storage and counter space. Build-in furniture throughout. Numerous walk-in closets and additional storage space. Entry foyer. The apartment comes with a hotel service lifestyle that features twice daily housekeeping, gym usage, business center, central air and includes all utilities in addition to the conveniences of laundry, valet, concierge, dining, beauty salon and other amenities on premises. The apartment can be divided in to 2 apartments, one bedroom suite and a studio, doubling the income, same CC. A great opportunity to maximize your investment. The rates for 1br suite are starting at around $500 and up, for studios $300 and up. East 56th Street between Park Avenue and Lexington Avenue location allows the guests to conveniently enjoy world-renown dining and shopping on Lexington Avenue, 5th Avenue and the Upper East Side destinations. Minutes to the Central Park, The Museum Row, The Midtown Business Center, Times Square and other NYC attractions, and East Side trains. Apartment Features: South exposure, Garden, Roof deck, Partial garden view, Partial city view, Prewar detail, Beamed ceiling, Floors - hardwood, Light - good, Windows - oversized, Windows - new, Modern kitchen, Renovated bathroom, Marble bath, Storage space, Walk in closets, Great closet space, Dishwasher, Wheelchair accessible Building Features: Roof deck, Terrace, Exercise room, Common storage, Meeting room, Multi-floor laundry, Maid service, Valet, Laundry service, Cable TV ready, High speed internet, Package room, Pool, Health club, Cable, Water, Electric, Gas

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Year Built 1927
Living Area 1,400 sq ft

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RLS at REBNY

Listing courtesy of Isaac Illouz at The Corcoran Group. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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