111 East 56th Street 1408, New York, NY 10022

No Photos
$525,000 List Price
Off Market
1 Baths
Built In 1927
 
Listing ID 10356929
Property Type Coop
Maintenance $2,067
Tax Deduction 20%
County New York
Neighborhood Middle East Side
Unit 1408
School New York City Schools
FEMA Flood Map fema.gov/portal
Year Built 1927
Virtual Tour
Charming high-floor, large 2 room north-facing studio apartment in good condition, quiet & bright - perfect for a Manhattan part time residence or investment. 'Turn-key' ready, the apartment features a large and elegant 'studio', a gracious foyer, good closet space & 10 ft ceilings.Presently apartment 1400 is offered w/ contiguous apartments, 1400 (3 1/2 rooms) & apartment 1401 (3 1/2 rooms) as a package for $2,300,000. The combined maintenance for the 3 apartments is $8528.40.Apartments 1400, 1401, 1408, 810, 512, 208 also are part of an investor package of 6 apartments which can be purchased separately or jointly. The price for the package is $3,725,000.The distinguished 'Lombardy' has been the 2nd home to many prominent American & foreign owners. Richard Rogers, Richard Burton & Elizabeth Taylor spent much of their NY time at the Lombardy. Built by William Randolph Hearst in 1926, the building is located on a leafy and tranquil side street in the sophisticated 'East 50s', two blocks from Central Park, convenient to all transportation -- and proximate to Manhattan's most fashionable shops, boutiques & restaurants. The Lombardy includes Cafe 56 restaurant (offering room service), a state of the art fitness center, business center, beauty salon, espresso bar; valet parking is available for residents. Maid service (twice daily) and utilities are included in maintenance. Importantly, the Lombardy is a unique investment opportunity -- owners who are infrequently in residence may rent their apartments daily, weekly, monthly (or longer) and receive income during the time they are away. A 'Lombardy' in-house executive vets rental clients and arranges for apartment rentals. 2% flip tax paid by seller.
Property Details
  • 1 Full Bath
  • Built in 1927
  • 22 Stories
  • Floor 14
  • Unit 1408
Interior Features
  • 3 Rooms
Community Details
  • High-rise (Bldg. Style)
  • Attended Lobby
  • Pets Allowed
  • Elevator
  • Storage Available
  • Pre War Building
Taxes and Fees
  • 20 % Tax Deduction
  • $2,067 per month Maintenance
Previously Listed By
Halstead Property
Office: 212-734-0010
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