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111 E 56TH ST #810 |Midtown East
$575,000
Studio | 1 Bathroom
Time on market: 117 days
Taxes/Maintenance: $2,538
Property type: Coop
Courtesy of Halstead Property, LLC
Lovely, commodious, bright & well proportioned 2. 5 room north-facing studio apartment in good condition exuding a serene ambience - perfect for a Manhattan part-time residence or investment. 'Turn-key' ready, the apartment features a large (& extra wide) 'studio' (accomodating 2 queen size beds), marble bath & attractive kitchenette. Excellent income potential for an investor! Apartments 810, 512, 208, 1400, 1401, 1408 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' off Park Avenue (presently the epicenter of the most expensiive real estate in Manhattan), 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
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MORTGAGE CALCULATOR

Sale Price
Down Payment
%
Mortgage Payment:
Common Charges & Taxes: $2,538

Total Monthly Payment:
Mortgage Amount $460,000
Term
30 Year Fixed
Rate
%
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