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$399,500
List Price: $400,000
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111 East 56th Street #1107
Coop in Midtown •  building info
1bd • 1ba • 865ft² $462 per ft²
Buy with Yoreevo

$399,500

List Price

$400,000

Key Details
Days on market
34
Last price change
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Estimated payment
$7,095/mo
Taxes
Included in maintenance fees
Maintenance
$5,896/mo
Description
Sophisticated Living at The Lombardy Unit 1107 - 111 East 56th Street 1 BD 1 BA $400,000 Best priced One Bedroom Residence 1107 at The Lombardy is an exceptional, oversized one-bedroom home offering scale, serenity, and sophistication. Perfectly positioned for those seeking a full-time Manhattan residence, investment property, or a refined pied-à-terre, this apartment stands as the best-priced one-bedroom currently available in the building. A gracious entry leads into an expansive north-facing living and dining area featuring 10-foot ceilings and generous proportions. The home includes a well-appointed kitchen with ample cabinetry, plentiful closet space, and a large bedroom suite with an en-suite marble bath featuring a stall shower and elegant, high-end fixtures. Live the life of luxury when you're in town and earn premium rental income while you're away. With some updates, the apartment can be placed in the lucrative hotel rental pool, providing an excellent opportunity to generate income while enjoying the benefits of hotel-style living. Built in 1926 by William Randolph Hearst, The Lombardy is a distinguished prewar landmark that has served as the New York home to legends like Richard Burton and Elizabeth Taylor. Located on a tranquil, leafy side street in the heart of the "East 50s," the building offers a white-glove lifestyle just two blocks from Central Park. Comprehensive amenities include a 24-hour doorman and front desk, concierge, valet, fitness center, business center, and an on-site beauty salon. Residents also benefit from laundry services, and while utilities are included in the maintenance, daily maid service and housekeeping are available at an additional cost. The building is pet-friendly, welcomes pied-à-terre ownership, and is situated moments from MoMA, Fifth Avenue shopping, and Manhattan's finest dining.

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Policies
Pied-a-Terre Allowed
Unit features
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City

Building amenities
Services and facilities
Fios Available
Laundry in Building
Live In Super
Wellness and recreation
Gym
Building info

History
What it'll cost
Purchase price
$400,000
Asking Price: $400,000
Term
30 Years
Down Payment
$200,000 (50%)
Min: 50% (200,000)
Rate
6.0 %
Mortgage Amount
$200,000
Mortgage Payment
$1,199
Maintenance
$5,896
Estimated Yoreevo rebate
$500
Estimated closing cost
$7,000
Total monthly cost $7,095
Buy your dream home with us and get an estimated $500 rebate.
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Listing Courtesy of Corcoran Group

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