111 East 56th Street #215 $499,000
Buy with Yoreevo
$494,025
List price: $499,000
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111 East 56th Street #215
Coop in Midtown • 
building info
studio • 1 ba
Buy with Yoreevo

$494,025

List price

$499,000

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Key Details
Days on market
540
Last price change
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Estimated payment
$2,841
Monthly taxes
N/A
Monthly maintenance
$1,755
Description
RARE INVESTMENT OPPORTUNITY! Own an income-producing pied-a-terre in a historic boutique residential hotel.This spacious, renovated studio in The Lombardy Hotel is the perfect pied-a-terre and investment property. Because apartment 215 is part of the hotel's rental pool, you can enjoy the luxuries of a hotel while you are in the city and earn rental income while you are away. Its monthly maintenance even includes electricity, cable, wifi, and twice-daily housekeeping. Built in 1926 by William Randolph Hearst, The Lombardy is an elegant retreat in the center of Midtown Manhattan. Its location off Park Avenue on 56th Street is blocks away from of some of the best dining, shopping, and culture in the city, ideal for tourists and business travelers alike. Residents and their guests enjoy a fitness center, on-site salon, doorman and concierge, and the best coffee in Manhattan at Ninth Street Espresso. Trusts and corporate purchasers welcome. Don't miss this unique opportunity! Capital assessment of $281.25 per month. All information furnished herein is from sources deemed reliable. All information is submitted subject to errors, omissions, change of price, prior sale or lease, or withdrawal without notice. All dimensions are approximate. For exact dimensions, please hire your own architect or engineer.

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Important Stuff
Important Stuff
Doorman
Elevator
Washer/Dryer In Unit
Amenities
BUILDING AMENITIES
  • Gym
  • Dogs allowed
  • Live In Super
  • Pied-a-Terre Permitted
LISTING AMENITIES
  • Health Club
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
3.3 %
Mortgage Amount
$249,500
Mortgage Payment
$1,086
Maintenance
$1,755
Estimated Yoreevo rebate
$4,975
Estimated closing cost
$7,000
Total monthly cost $2,841
Buy your dream home with us and get an estimated
$4,975 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
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