111 East 56th Street Apt: 1601
New York, NY 10022

Cross street:Park Avenue

Building

Type:High-Rise
Era:Post-war
Floors:21

Property

Ownership: Co-op
Rooms: 3
Bedrooms: 1 BR
Bathrooms: 1
Pets: Pets Allowed

Financials

Price:$625,000
Maintenance:$4,768
Financing Allowed:50%
Minimum down:$312,500
505 Park Ave, New York, NY 10022
Listing Courtesy of Corcoran Group

Description

Wonderful Opportunity to Own a High Floor, South Facing One Bedroom at The Lombardy.

This spacious and bright one bedroom home is perfect for a primary residence, pied a terre, or investment property. 1601 features an oversized south facing living room with custom built-in storage and space for a large dining area. The bedroom also benefits from the sunny south-facing exposure and has a walk in closet and renovated ensuite bathroom.

The famed Lombardy is a full-service pre-war cooperative in a prime midtown location on 56th between Park and Lexington. It is an exceptionally unique cooperative as it features a hotel program which permits unlimited short-term rentals that are managed by the building. Apartment 1601 qualifies for the hotel program and has a long, successful track record generating income for the owner. Each apartment is individually owned and decorated, and can opt into the hotel program if the condition of the unit meets the required standards. Please inquire directly to discuss and review 1601's exceptional rental track record. Utilities are included in the monthly maintenance.

The Lombardy was built in 1926 by William Randolph Hearst. Residents benefit from the building's lovely staff with 24 hour doorman, concierge desk, maid service / housekeeping, a fitness center, and a business center. 50% financing permitted. Corporate Ownership Permitted.

Amenities

Health Club; Hotel Style Service; Maid Service; Valet; Business Center;

  • Attended Elevator
  • Elevator
  • Full service

Neighborhood

More listings:

Wonderful Opportunity to Own a High Floor, South Facing One Bedroom at The Lombardy.


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