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111 East 56th St. 1401, New York, NY 10022

$850,000
Listing Details:
$850,000 Price
Co-op Property Type
Midtown Central Neighborhood
1 Beds
1 Baths
-- Approx. Sq. Ft.
$3,241 Maint/CC
Key Features:
Doorman
Prewar
Gym
Elevator
Garage
Laundry
Allows Pets
Description:

Alluring high-floor, large 3 1/2 room (1 bedroom, 1 bath) apartment offering serenity & style - perfect for a Manhattan full time residence/pied-a-terre/investment. 'Turn-key' ready, the apartment is in excellent condition, tastefully & stylishly appointed with high end fixtures & finishes. The apartment features large, well proportioned rooms, a gracious floor plan, commodious closet space, 10 ft ceilings, open south views with wonderful natural light.

Presently apartment 1401 is offered w/ contiguous apartments, 1400 (3 1/2 rooms) & 1408 (2.5 room studio apartment) as a package for $2,300,000. The combined maintenance for the 3 apartments is $8528.40.

Apartments 1400, 1401, 1408, 512, 810, 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.

Listing courtesy of Halstead Property, LLC

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