Active
111 East 56th Street Unit: 1415
New York City NY, 10022
$1,300,000
Active
2 Beds
2 Baths
Condo
Built in 1927
This exclusive offering at The Lombardy presents an unparalleled opportunity for investment, leisure, and convenience. With two distinct suites meticulously crafted from an original unit of nearly 1,500 square feet, you have the flexibility to enjoy luxury living while maximizing your investment potential.
Suite 1406 features a sprawling one-bedroom executive suite, complete with four windows that flood the space with natural light. Hosting friends or family is effortless with a designated dining area, well-appointed kitchenette, and ample room for entertainment. Meanwhile, Suite 1415 offers a lavish studio layout, boasting two windows and equally impressive amenities.
Both suites offer indulgent five-piece bathrooms with double vanities and walk-in shower stalls, along with elegant wide plank oak floors, recessed lighting, and abundant storage options throughout.
From a financial perspective, the projected nightly rental rates are compelling, with the studio fetching $343 and the one-bedroom commanding $443. With net revenues ranging from 49% to 62% to the shareholder, this investment promises both stability and profitability.
Situated on East 56th St, just moments from Central Park and amidst a vibrant landscape of luxury developments, including the Waldorf Astoria and Mandarin Oriental, this property offers the epitome of New York City living. Whether you choose to occupy one residence, both, or neither, The Lombardy's renowned hotel pool ensures seamless rental management whenever you're away.
Don't miss out on this exceptional opportunity to own a piece of Manhattan's iconic skyline. Reach out today to learn more and secure your place in the heart of the Big Apple!
RPLU-1032522941234
MLSⓇ ID
April 3, 2024
Listed
April 3, 2024
Updated
Map
111 East 56th Street Unit: 1415
New York City NY, 10022
Interior Features
Total Stories
21
Bedrooms
2
Total Bathrooms
2
Laundry Description
Building None
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Exterior Features
None
Other Property Details
Common Charges
$7,376
Common Charges Frequency
Monthly
Garage
No
View
Yes
View Description
City
County
NewYork
Pool
No
Zoning
C5-2
Buyer Agency Compensation
2.5%
Courtesy of Serhant LLC with David Rosen, Socrates Gomez
Listing Contact: (917) 524-9680
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
©2024 The Real Estate Board of New York, Inc., All rights reserved
Data last updated 10:59 PM UTC, 4/3/2024