111 East 56th Street
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111 East 56th Street - APT 905-915

co-op: 2 BED / 2 BATH - APT 905-915
PURCHASE PRICE: $1,250,000
Building: The Lombardy
Neighborhood: Midtown East
April GrunowInquire with April Grunow
(646) 773-4129
April GrunowInquire with Reed Woodson
(415) 999-6358
Property Details
  • Maintenance: $7,086 monthly

  • Time on Market: 8 months, 6 days

  • Last Updated: May 16th, 2017

  • co-op: 2 BED / 2 BATH - APT 905-915
    PURCHASE PRICE: $1,250,000
    Building: The Lombardy
    Neighborhood: Midtown East
    ABOUT THE PROPERTY

    The former home of famed interior designer Robert Denning. Unparalled sophistication featuring a grand living / dining room, magnificent master bedroom suite and a guest bedroom for combined or separate use. Both units rent separately for additional income. Live the life of luxury when you’re in town and earn premium rental income while you’re away. Stephen P. Wald Real Estate Associates is the on-site broker at the Lombardy Hotel, one of New York City’s most exclusive addresses. Built in 1926 by William Randolph Hearst, The Lombardy Hotel has been home to legends such as Elizabeth Taylor & Richard Burton, Richard Rodgers & Dorothy Belle Feiner. It offers an unparalleled pre-war elegance and boutique appeal. Oversized studios, one, two, three & four bedroom suites are available for purchase and long term rental. Full hotel services include twice daily maid service, bell man and concierge services, fitness center, business center, Nico’s Beauty Salon and valet parking. On site hotel restaurant, American Cut and 9th Street Espresso bar. The Lombardy Hotel is situated in the heart of the Mid-Town East, close to fine dining, shopping and art galleries and the Theatre District. The owner’s rental program is the best in New York. Corporate, trusts and foreign purchasers are welcome.

    PROPERTY DETAILS

    Purchase Price: $1,250,000

  • Maintenance: $7,086 monthly

  • Time on Market: 8 months, 6 days

  • Last Updated: May 16th, 2017

  • LOCATION
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    ABOUT Midtown East

    Midtown East, which encompasses the Plaza District, is home to many the largest financial institutions in the world. Hedge funds, asset managers, financial advisors and investment banks fill the renowned Class A office buildings between 34th and 59th Street on Park Avenue, Madison Avenue, Fifth Avenue, and the like. Many law firms, accounting firms, media companies and insurance agencies have offices in Midtown East as well, which makes it a networking nucleus for the world’s most powerful people. Rockefeller Center, The Empire State Building, Grand Central Station, The Seagram Building, The Lipstick Building, The MetLife Building, The GM Building, The Chrysler Building, and The Helmsley Building are just a few of the landmark properties that distinguish Midtown East from the rest of Manhattan. Whereas Midtown East has notoriously been known for having some of the most expensive commercial real estate in the world, we’ve seen steep declines in per square foot prices since September 2008 which is a direct affect of the problems on Wall St and excess sublet space surfacing on the market. Midtown East includes the Park Avenue district, the Grand Central district, the 6th Avenue district and Rockefeller Center.

    RLS ID: OLRS-1608574

    Listing information provided courtesy of Stephen P. Wald Real Estate AssociatesAll data subject to errors, omissions, or revisions and is not warranted. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2014 REBNY Listing Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.