by RH Advisors

Check Availability
$1,300,000
Co-op - For Sale

111 E 56TH Street #1415

Manhattan, NY 10022
bedrooms
2 Beds
bathrooms
2 Baths
$13,760
Estimated Monthly
$7,376
HOA / Fees
-1.27%
Cap Rate

About This Property

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!

Unit Size
-
Days on Market
26 days
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$7,376
Year Built
1927
Listed By
David Rosen
Prudential Douglas Elliman Real Estate
Socrates Gomez
Douglas Elliman Real Estate
Last updated: 18 days ago (RLS #RPLU-1032522941234)

Price History

Date / Event Date Event Price
Apr 3, 2024 Listed by Serhant LLC $1,300,000
Listed by Serhant LLC

Property Highlights

Doorman
Elevator
Garage
Parking Available
Air Conditioning
With View
Interior Details

Bedroom Information

Bedrooms: 2

Bathroom Information

Full Bathrooms: 2

Room Information

Laundry Features: Building None
Rooms: 4

Basement Information

Exterior Details

Property Information

Year Built: 1927

Building Information

Building Name: The Lombardy
Outdoor Living Structures: None
Pets Allowed: Building Yes, Yes

Land Information

Tax Lot: 0016
Tax Block: 01824

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Co-op
2 Beds
3 Baths
1,800 ft²
$692/ft²
$1,245,000 Jan 20, 2015
$1,245,000 Nov 19, 2015
$9,499/mo
Co-op
2 Beds
2 Baths
1,300 ft²
$1,000/ft²
$1,300,000 Jun 17, 2014
$1,300,000 Mar 12, 2015
$1,854/mo
Co-op
2 Beds
2 Baths
-
$1,230,000 Sep 7, 2013
$1,230,000 Apr 4, 2014
$2,354/mo
Co-op
2 Beds
2 Baths
-
$1,350,000 Oct 19, 2015
- Feb 5, 2021
$1,968/mo
Co-op
2 Beds
2 Baths
1,300 ft²
$962/ft²
$1,250,000 Jun 11, 2014
$1,250,000 Oct 3, 2014
$2,670/mo
Co-op
2 Beds
2 Baths
-
$1,195,000 Apr 20, 2015
$1,195,000 Feb 5, 2021
$1,447/mo
Co-op
2 Beds
2 Baths
-
$1,250,000 Dec 27, 2023
-
$3,636/mo
Co-op
2 Beds
2 Baths
-
$1,150,000 Sep 6, 2023
-
$2,297/mo
Condo
2 Beds
2 Baths
1,094 ft²
$1,325/ft²
$1,450,000 Sep 7, 2023
-
$2,822/mo
Condo
2 Beds
1 Bath
1,100 ft²
$1,359/ft²
$1,495,000 Apr 3, 2024
-
$1,200/mo
Co-op
2 Beds
2 Baths
-
$1,475,000 Feb 20, 2024
-
$2,808/mo
Co-op
2 Beds
2 Baths
1,550 ft²
$709/ft²
$1,099,000 Aug 15, 2023
-
$3,135/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190904 Unit 401
09/04/2019
401
1 Bed
1 Bath
-
$675,000
bedrooms
1 Bed
bathrooms
1 Bath
$525,000 -22.22%
07/15/2020
Michele Kleier
Kleier Residential Inc
20180102 Unit 412
01/02/2018
412
1 Bed
1 Bath
-
$550,000
bedrooms
1 Bed
bathrooms
1 Bath
$480,000 -12.73%
02/11/2019
-
Stephen Wald
Stephen P Wald Real Estate Associates Inc
20170902
09/02/2017
1 Bed
2 Bath
-
-
bedrooms
1 Bed
bathrooms
2 Bath
-
-
-
-
20170130 Unit 1900
01/30/2017
4 Bed
2.5 Bath
3000 ft²
$3,499,000
bedrooms
4 Bed
bathrooms
2.5 Bath
square feet
3000 ft²
-
-
-
Carole Armstrong
Sotheby's International Realty, Inc.
20161028 Unit 705715
10/28/2016
2 Bed
2 Bath
-
$1,500,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Arthur Irwin
Brown Harris Stevens Residential Sales LLC
20161205 Unit 901
12/05/2016
901
1 Bed
2 Bath
-
$929,000
bedrooms
1 Bed
bathrooms
2 Bath
-
-
-
Charles Curkin
Elliman
20161128 Unit 11001112
11/28/2016
2 Bed
2 Bath
-
$1,525,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Dianne Van Laer
Prudential Douglas Elliman Real Estate
20161107 Unit 1703
11/07/2016
1 Bed
1 Bath
-
$745,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Randall Gianopulos
Sotheby's International Realty, Inc.
20161025 Unit 801
10/25/2016
801
1 Bed
1.5 Bath
900 ft²
$800,000
bedrooms
1 Bed
bathrooms
1.5 Bath
square feet
900 ft²
-
-
-
Stephen Wald
Stephen P Wald Real Estate Associates Inc
20160601 Unit 1008
06/01/2016
1 Bed
1 Bath
-
$930,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Stephen Wald
Stephen P Wald Real Estate Associates Inc
20160413 Unit 204
04/13/2016
204
Studio
1 Bath
-
$250,000
bedrooms
Studio
bathrooms
1 Bath
-
-
-
Arthur Irwin
Brown Harris Stevens Residential Sales LLC
20160404 Unit 14101112
04/04/2016
3 Bed
3 Bath
-
$1,950,000
bedrooms
3 Bed
bathrooms
3 Bath
-
-
-
Caroline Guthrie
Sotheby's International Realty, Inc.
20160213 Unit 1003
02/13/2016
1 Bed
1 Bath
850 ft²
$865,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
850 ft²
-
-
-
Jana Angelakis
The Corcoran Group
20160126 Unit 501
01/26/2016
501
1 Bed
1 Bath
900 ft²
$750,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
900 ft²
$700,000 -6.67%
02/05/2021
-
Stephen Wald
Stephen P Wald Real Estate Associates Inc
20160122 Unit 512
01/22/2016
512
Studio
1 Bath
-
$575,000
bedrooms
Studio
bathrooms
1 Bath
$490,000 -14.78%
11/16/2016
Arthur Irwin
Halstead dba Brown Harris Stevens Residential Sales LLC
20160122 Unit 208
01/22/2016
208
1 Bed
1 Bath
-
$275,000
bedrooms
1 Bed
bathrooms
1 Bath
$275,000
01/01/1900
-
Arthur Irwin
Brown Harris Stevens Residential Sales LLC
20160120 Unit 1106
01/20/2016
2 Bed
2 Bath
-
$1,250,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Jason Haber
Elliman
20151208 Unit 212
12/08/2015
212
1 Bed
1 Bath
750 ft²
$1,250,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
750 ft²
-
-
-
Stephen Wald
Stephen P Wald Real Estate Associates Inc
20151115 Unit 1101
11/15/2015
1 Bed
1.5 Bath
850 ft²
$975,000
bedrooms
1 Bed
bathrooms
1.5 Bath
square feet
850 ft²
-
-
-
Stephen Wald
Stephen P Wald Real Estate Associates Inc
20151110 Unit 908
11/10/2015
908
1 Bed
1 Bath
900 ft²
$950,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
900 ft²
$725,000 -23.68%
10/06/2016
Cody Hellberg
Stephen P. Wald Real Estate Associates
20151106 Unit 1001
11/06/2015
1 Bed
1 Bath
-
$1,050,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Maria Bazo
Sothebys International Realty
20151015 Unit 905
10/15/2015
905
2 Bed
2 Bath
-
$1,650,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Katherine Slattery
Corcoran Group
20151013 Unit 1009
10/13/2015
2 Bed
2 Bath
1350 ft²
$975,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1350 ft²
$760,000 -22.05%
02/05/2021
-
Stephen Wald
Stephen P Wald Real Estate Associates Inc
20150918 Unit 901
09/18/2015
901
1 Bed
2 Bath
-
$950,000
bedrooms
1 Bed
bathrooms
2 Bath
-
-
-
Pamela D Arc
Compass
20150522 Unit PH
05/22/2015
PH
3 Bed
2 Bath
3800 ft²
$4,295,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
3800 ft²
-
-
-
Shannon Aalai
Citi Habitats, Inc.
20150413 Unit 405
04/13/2015
405
1 Bed
1 Bath
900 ft²
$895,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
900 ft²
-
01/21/2016
Stephen Wald
Stephen P. Wald Real Estate Associates
20150218 Unit 400
02/18/2015
400
1 Bed
1 Bath
900 ft²
$825,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
900 ft²
$750,000 -9.09%
09/10/2015
Stephen Wald
Stephen P. Wald Real Estate Associates
20150120 Unit 803804
01/20/2015
2 Bed
3 Bath
1800 ft²
$1,920,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1800 ft²
$1,245,000 -35.16%
11/19/2015
-
Arthur Irwin
Brown Harris Stevens Residential Sales LLC
20150120 Unit 803
01/20/2015
803
1 Bed
2 Bath
900 ft²
$1,025,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
900 ft²
$925,000 -9.76%
11/18/2015
Arthur Irwin
Brown Harris Stevens Residential Sales LLC
20150114 Unit 212214
01/14/2015
2 Bed
2 Bath
1100 ft²
$1,800,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1100 ft²
-
-
-
Leasing Office 520 West 43
Rose Associates Inc
20150106 Unit 212
01/06/2015
212
1 Bed
1 Bath
750 ft²
$1,250,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
750 ft²
-
-
-
Leasing Office 520 West 43
Rose Associates Inc
20150106 Unit 214
01/06/2015
214
Studio
1 Bath
330 ft²
$550,000
bedrooms
Studio
bathrooms
1 Bath
square feet
330 ft²
-
-
-
Leasing Office 520 West 43
Rose Associates Inc
20141016 Unit 904
10/16/2014
904
2 Bed
1 Bath
950 ft²
$950,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
950 ft²
$880,000 -7.37%
03/23/2015
Stephen Wald
Stephen P. Wald Real Estate Associates
20141003 Unit 1900
10/03/2014
3 Bed
2.5 Bath
3000 ft²
$5,495,000
bedrooms
3 Bed
bathrooms
2.5 Bath
square feet
3000 ft²
-
-
-
Joy Wayne
Elliman
20140718 Unit 1109
07/18/2014
2 Bed
2 Bath
1400 ft²
$1,850,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1400 ft²
$1,550,000 -16.22%
11/20/2014
Leasing Office 520 West 43
The Corcoran Group
20140711 Unit 804
07/11/2014
804
1 Bed
1 Bath
900 ft²
$1,075,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
900 ft²
$700,000 -34.88%
02/05/2021
-
Arthur Irwin
Brown Harris Stevens Residential Sales LLC
20140421 Unit 1203
04/21/2014
Studio
1 Bath
-
$625,000
bedrooms
Studio
bathrooms
1 Bath
$590,000 -5.60%
07/11/2014
Stephen Wald
Stephen P. Wald Real Estate Associates
20140220 Unit 500
02/20/2014
500
1 Bed
2 Bath
-
$980,000
bedrooms
1 Bed
bathrooms
2 Bath
-
10/17/2014
Margaret Lacey
Halstead dba Brown Harris Stevens Residential Sales LLC
20131206 Unit 603
12/06/2013
603
1 Bed
1 Bath
900 ft²
$865,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
900 ft²
$865,000
03/27/2014
Stephen Wald
Stephen P. Wald Real Estate Associates
20131112 Unit 1700
11/12/2013
2 Bed
2.5 Bath
-
$3,600,000
bedrooms
2 Bed
bathrooms
2.5 Bath
-
-
-
Craig Dix
Berkshire Hathaway HomeServices New York Properties
20131024 Unit 1900
10/24/2013
3 Bed
2.5 Bath
3000 ft²
$4,995,000
bedrooms
3 Bed
bathrooms
2.5 Bath
square feet
3000 ft²
-
-
-
Joy Wayne
Elliman
20131022 Unit 704
10/22/2013
704
1 Bed
2 Bath
900 ft²
$900,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
900 ft²
$900,000
03/28/2014
Stephen Wald
Stephen P. Wald Real Estate Associates
20130921 Unit 608
09/21/2013
608
1 Bed
1 Bath
1000 ft²
$1,150,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1000 ft²
-
-
-
Richard L.
Douglas Elliman Real Estate
20130921 Unit 140209
09/21/2013
2 Bed
2 Bath
1200 ft²
$995,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1200 ft²
-
-
-
Patricia Slochower
Prudential Douglas Elliman Real Estate
20130816 Unit 411
08/16/2013
411
1 Bed
1 Bath
-
$1,300,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Stephen Wald
Stephen P Wald Real Estate Associates Inc
20130326 Unit PH1900
03/26/2013
3 Bed
2.5 Bath
-
$5,495,000
bedrooms
3 Bed
bathrooms
2.5 Bath
-
-
-
Marlene Marcus
Brown Harris Stevens Residential Sales LLC
20130108 Unit 1103
01/08/2013
1 Bed
1 Bath
-
$750,000
bedrooms
1 Bed
bathrooms
1 Bath
-
10/07/2013
Leasing Office, Chelsea Park 260 West 26th Street
Key-Ventures, Inc.
20121129 Unit 505
11/29/2012
505
2 Bed
2 Bath
-
$1,875,000
bedrooms
2 Bed
bathrooms
2 Bath
$1,815,000 -3.20%
02/14/2013
Stephen Wald
Stephen P Wald Real Estate Associates Inc
20121128 Unit 604
11/28/2012
604
1 Bed
1 Bath
-
$760,000
bedrooms
1 Bed
bathrooms
1 Bath
$760,000
02/05/2021
-
A Laurance Kaiser
Berkshire Hathaway HomeServices New York Properties
20121004 Unit 804
10/04/2012
804
1 Bed
1 Bath
-
$850,000
bedrooms
1 Bed
bathrooms
1 Bath
-
12/07/2012
Arthur Harris
Halstead dba Brown Harris Stevens Residential Sales LLC
20121002 Unit 2F
10/02/2012
2F
1 Bed
1 Bath
-
$1,025,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Leslie Crossley
Brown Harris Stevens Residential Sales LLC
20120920 Unit PH1900
09/20/2012
3 Bed
2 Bath
3800 ft²
$5,475,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
3800 ft²
-
-
-
Laura Matiz
Elliman
20120816 Unit 411
08/16/2012
411
1 Bed
1 Bath
-
$1,250,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Stephen Wald
Stephen P Wald Real Estate Associates Inc

Building Info

The Lombardy 111 East 56th Street, New York, NY 10022
  • 1 Units
  • 3 Units for Sale
More about this Building
111 East 56th Street
Want to find out who owns 111 East 56th Street, New York, NY 10022? Get detailed property transactions here .

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