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$496,530
List Price: $499,000
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111 East 56th Street #1202
Coop in Midtown •  building info
1bd • 1ba
Buy with Yoreevo

$496,530

List Price

$499,000

Key Details
Days on market
6
Last price change
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Estimated payment
$7,396/mo
Taxes
Included in maintenance fees
Maintenance
$5,900/mo
Description
Welcome to an exceptional opportunity in the heart of Manhattan's prestigious Midtown East corridor. Built by William Randolph Hearst, this spacious south-facing 1-bedroom, 1-bathroom residence is located within the iconic The Lombardy Hotel - one of New York City's rare and highly sought-after hotel cooperatives. Bathed in natural southern light, this gracious home offers generous proportions and tremendous potential. With thoughtful upgrades, the apartment may qualify to enter the hotel rental pool at The Lombardy, making it an exceptional opportunity for both investors and end users seeking flexibility and income potential. Residents of The Lombardy enjoy a full suite of hotel-style amenities including an on-site fitness center, barber shop, valet services, and attentive staff. Perfectly positioned just moments from Madison Avenue, Fifth Avenue, and Central Park, the location places you within a short stroll of world-class shopping, celebrated cultural destinations, and some of Manhattan's finest Michelin-starred restaurants. A rare chance to own in one of Manhattan's classic white-glove hotel cooperatives, where timeless New York elegance meets investment versatility.

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

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
$499,000
Asking Price: $499,000
Term
30 Years
Down Payment
$249,000 (50%)
Min: 50% (249,000)
Rate
6.0 %
Mortgage Amount
$249,500
Mortgage Payment
$1,496
Maintenance
$5,900
Estimated Yoreevo rebate
$2,470
Estimated closing cost
$7,000
Total monthly cost $7,396
Buy your dream home with us and get an estimated $2,470 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Douglas Elliman

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