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111 E 56TH ST #1408 |Midtown East
$525,000
Studio | 1 Bathroom
Time on market: 77 days
Taxes/Maintenance: $2,067
Courtesy of Halstead Property, LLC
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 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 more
AMENITIES

Bike Storage
Elevator
Fitness Center
No Pets Allowed
Pied-A-Terre Allowed
Laundry in Building
Storage
Outdoor Areas
Washer/Dryer Allowed
Corporate Owner Allowed
Elevator Man
Pre-War Building
Full-Time Doorman
Full-Time Concierge
MORTGAGE CALCULATOR

Sale Price
Down Payment
%
Mortgage Payment:
Common Charges & Taxes: $2,067

Total Monthly Payment:
Mortgage Amount $420,000
Term
30 Year Fixed
Rate
%
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