$275,000
↓ $25K (8.3%)
●
Co-op -
Off Market
111 E 56TH ST #208
Manhattan, NY 10022
1 Bed
1 Bath
$2,287
Estimated Monthly
$936
HOA / Fees
About This Property
Please note: apologies but until further notice no further
inquiries can be accepted for apartment 208 -- except in
combination with one or more additional apartments presently
offered in a 6 unit investment portfolio (see info below).
This is the 'secret 'hideaway' every writer/artist is looking for in NYC, a unique apartment with superb intrinsic value! -- elegant & compact 1 bedroom apartment (requiring some renovation to bring it up to the high standard of Lombardy apartments). The apartment features high ceilings, good closet space, the utmost in tranquility & repose -- and a maintenance so low not be believed! It has an efficiency kitchen which presently does not have a sink although one can be installed. Apartment 208 is located on 2nd floor and faces north so the light is minimal but adequate. The apartment is non-conforming to standard Lombardy units because access is thru a private back service area rather than main hall corridor -- consequently, absolute privacy! Apartment 208 cannot participate in Lombardy rental pool due to the indirect access from hall corridor. Normally the building has no restrictions for apartment owners renting their apartments, daily, weekly, monthly, etc.; in fact, owners are encouraged to do so by participating in 'Lombardy Hotel rental pool' managed by Lombardy executive staff - the Lombardy charges owners 27% of gross rental income to participate in rental pool).
Apartment 208 also is part of an investor package of 6 apartments which can be purchased separately or jointly (208, 512, 810, 1400, 1401, 1408). 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' off Park Avenue (presently the epicenter of the most expensive 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.
This is the 'secret 'hideaway' every writer/artist is looking for in NYC, a unique apartment with superb intrinsic value! -- elegant & compact 1 bedroom apartment (requiring some renovation to bring it up to the high standard of Lombardy apartments). The apartment features high ceilings, good closet space, the utmost in tranquility & repose -- and a maintenance so low not be believed! It has an efficiency kitchen which presently does not have a sink although one can be installed. Apartment 208 is located on 2nd floor and faces north so the light is minimal but adequate. The apartment is non-conforming to standard Lombardy units because access is thru a private back service area rather than main hall corridor -- consequently, absolute privacy! Apartment 208 cannot participate in Lombardy rental pool due to the indirect access from hall corridor. Normally the building has no restrictions for apartment owners renting their apartments, daily, weekly, monthly, etc.; in fact, owners are encouraged to do so by participating in 'Lombardy Hotel rental pool' managed by Lombardy executive staff - the Lombardy charges owners 27% of gross rental income to participate in rental pool).
Apartment 208 also is part of an investor package of 6 apartments which can be purchased separately or jointly (208, 512, 810, 1400, 1401, 1408). 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' off Park Avenue (presently the epicenter of the most expensive 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.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$936
Year Built
1927
Last updated: 5 months ago ( #RPLU-63214253276)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 15, 2023 | Price Decreased |
$275,000
↓ $25K
(8.3%)
|
|
Price Decreased | |||
Sep 28, 2017 | Sold to Xel Real Estate Partners Llc | $299,999 | |
Sold to Xel Real Estate Partners Llc | |||
Jan 22, 2016 | Listed by Halstead dba Brown Harris Stevens Residential Sales LLC | $275,000 | |
Listed by Halstead dba Brown Harris Stevens Residential Sales LLC |
Property Highlights
Doorman
Elevator
Garage
Parking Available
Interior Details
Room Information
Rooms: 3
Exterior Details
Property Information
Property Condition: Fair
PropertySubType: Apartment
Building Information
Building Name: THE LOMBARDY
Stories (Total): 22
Financial Details
Flip Tax Remarks: SELLER PAYS 2% transfer fee is paid by the seller
Tax Deduction Percent: 20
Location Details
Association Fee: $936
Community Features: Health Club
Pets Allowed: Unit Yes, Building Yes
Other Details
Coexclusive: No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
1
Bed
2
Baths
-
$200,000
Aug 21, 2013
$200,000
Apr 18, 2014
$1,500/mo
Condo
1
Bed
2
Baths
1,052 ft²
$190/ft²
$200,000
Mar 16, 2013
$200,000
Apr 18, 2014
$1,553/mo
Condo
1
Bed
2
Baths
1,052 ft²
$228/ft²
$240,000
Nov 7, 2014
$240,000
Mar 9, 2015
$1,361/mo
Condo
2
Beds
3
Baths
1,262 ft²
$218/ft²
$275,000
Jun 26, 2021
$275,000
Nov 20, 2021
$1,427/mo
Condo
2
Beds
3
Baths
1,290 ft²
$233/ft²
$300,000
Jun 24, 2014
-
Feb 5, 2021
$2,023/mo
Condo
2
Beds
3
Baths
1,290 ft²
$221/ft²
$285,000
Feb 17, 2022
$285,000
Jun 13, 2022
$1,828/mo
Active
Condo
1
Bed
2
Baths
852 ft²
$258/ft²
$220,000
Nov 10, 2023
-
$1,834/mo
Active
Condo
2
Beds
2
Baths
957 ft²
$287/ft²
$275,000
Jun 27, 2023
-
$2,794/mo
Active
Condo
2
Beds
3
Baths
1,394 ft²
$194/ft²
$270,000
Jan 8, 2024
-
$2,794/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/04/2019
|
1 Bed
|
1 Bath
|
-
|
$675,000
1 Bed
1 Bath
|
$525,000
-22.22%
07/15/2020
|
Michele Kleier
Kleier Residential Inc
|
||
01/02/2018
|
1 Bed
|
1 Bath
|
-
|
$550,000
1 Bed
1 Bath
|
$480,000
-12.73%
02/11/2019
|
-
|
Stephen Wald
Stephen P Wald Real Estate Associates Inc
|
|
09/02/2017
|
|
1 Bed
|
2 Bath
|
-
|
-
1 Bed
2 Bath
|
-
-
|
-
|
-
|
01/30/2017
|
4 Bed
|
2.5 Bath
|
3000 ft²
|
$3,499,000
4 Bed
2.5 Bath
3000 ft²
|
-
-
|
-
|
Carole Armstrong
Sotheby's International Realty, Inc.
|
|
10/28/2016
|
2 Bed
|
2 Bath
|
-
|
$1,500,000
2 Bed
2 Bath
|
-
-
|
-
|
Arthur Irwin
Brown Harris Stevens Residential Sales LLC
|
|
12/05/2016
|
1 Bed
|
2 Bath
|
-
|
$929,000
1 Bed
2 Bath
|
-
-
|
-
|
Charles Curkin
Elliman
|
|
11/28/2016
|
2 Bed
|
2 Bath
|
-
|
$1,525,000
2 Bed
2 Bath
|
-
-
|
-
|
Dianne Van Laer
Prudential Douglas Elliman Real Estate
|
|
11/07/2016
|
1 Bed
|
1 Bath
|
-
|
$745,000
1 Bed
1 Bath
|
-
-
|
-
|
Randall Gianopulos
Sotheby's International Realty, Inc.
|
|
10/25/2016
|
1 Bed
|
1.5 Bath
|
900 ft²
|
$800,000
1 Bed
1.5 Bath
900 ft²
|
-
-
|
-
|
Stephen Wald
Stephen P Wald Real Estate Associates Inc
|
|
06/01/2016
|
1 Bed
|
1 Bath
|
-
|
$930,000
1 Bed
1 Bath
|
-
-
|
-
|
Stephen Wald
Stephen P Wald Real Estate Associates Inc
|
|
04/13/2016
|
Studio
|
1 Bath
|
-
|
$250,000
Studio
1 Bath
|
-
-
|
-
|
Arthur Irwin
Brown Harris Stevens Residential Sales LLC
|
|
04/04/2016
|
3 Bed
|
3 Bath
|
-
|
$1,950,000
3 Bed
3 Bath
|
-
-
|
-
|
Caroline Guthrie
Sotheby's International Realty, Inc.
|
|
02/13/2016
|
1 Bed
|
1 Bath
|
850 ft²
|
$865,000
1 Bed
1 Bath
850 ft²
|
-
-
|
-
|
Jana Angelakis
The Corcoran Group
|
|
01/26/2016
|
1 Bed
|
1 Bath
|
900 ft²
|
$750,000
1 Bed
1 Bath
900 ft²
|
$700,000
-6.67%
02/05/2021
|
-
|
Stephen Wald
Stephen P Wald Real Estate Associates Inc
|
|
01/22/2016
|
Studio
|
1 Bath
|
-
|
$575,000
Studio
1 Bath
|
$490,000
-14.78%
11/16/2016
|
Arthur Irwin
Halstead dba Brown Harris Stevens Residential Sales LLC
|
||
01/22/2016
|
1 Bed
|
1 Bath
|
-
|
$275,000
1 Bed
1 Bath
|
$275,000
01/01/1900
|
-
|
Arthur Irwin
Brown Harris Stevens Residential Sales LLC
|
|
01/20/2016
|
2 Bed
|
2 Bath
|
-
|
$1,250,000
2 Bed
2 Bath
|
-
-
|
-
|
Jason Haber
Elliman
|
|
12/08/2015
|
1 Bed
|
1 Bath
|
750 ft²
|
$1,250,000
1 Bed
1 Bath
750 ft²
|
-
-
|
-
|
Stephen Wald
Stephen P Wald Real Estate Associates Inc
|
|
11/15/2015
|
1 Bed
|
1.5 Bath
|
850 ft²
|
$975,000
1 Bed
1.5 Bath
850 ft²
|
-
-
|
-
|
Stephen Wald
Stephen P Wald Real Estate Associates Inc
|
|
11/10/2015
|
1 Bed
|
1 Bath
|
900 ft²
|
$950,000
1 Bed
1 Bath
900 ft²
|
$725,000
-23.68%
10/06/2016
|
Cody Hellberg
Stephen P. Wald Real Estate Associates
|
||
11/06/2015
|
1 Bed
|
1 Bath
|
-
|
$1,050,000
1 Bed
1 Bath
|
-
-
|
-
|
Maria Bazo
Sothebys International Realty
|
|
10/15/2015
|
2 Bed
|
2 Bath
|
-
|
$1,650,000
2 Bed
2 Bath
|
-
-
|
-
|
Katherine Slattery
Corcoran Group
|
|
10/13/2015
|
2 Bed
|
2 Bath
|
1350 ft²
|
$975,000
2 Bed
2 Bath
1350 ft²
|
$760,000
-22.05%
02/05/2021
|
-
|
Stephen Wald
Stephen P Wald Real Estate Associates Inc
|
|
09/18/2015
|
1 Bed
|
2 Bath
|
-
|
$950,000
1 Bed
2 Bath
|
-
-
|
-
|
Pamela D Arc
Compass
|
|
05/22/2015
|
3 Bed
|
2 Bath
|
3800 ft²
|
$4,295,000
3 Bed
2 Bath
3800 ft²
|
-
-
|
-
|
Shannon Aalai
Citi Habitats, Inc.
|
|
04/13/2015
|
1 Bed
|
1 Bath
|
900 ft²
|
$895,000
1 Bed
1 Bath
900 ft²
|
-
01/21/2016
|
Stephen Wald
Stephen P. Wald Real Estate Associates
|
||
02/18/2015
|
1 Bed
|
1 Bath
|
900 ft²
|
$825,000
1 Bed
1 Bath
900 ft²
|
$750,000
-9.09%
09/10/2015
|
Stephen Wald
Stephen P. Wald Real Estate Associates
|
||
01/20/2015
|
2 Bed
|
3 Bath
|
1800 ft²
|
$1,920,000
2 Bed
3 Bath
1800 ft²
|
$1,245,000
-35.16%
11/19/2015
|
-
|
Arthur Irwin
Brown Harris Stevens Residential Sales LLC
|
|
01/20/2015
|
1 Bed
|
2 Bath
|
900 ft²
|
$1,025,000
1 Bed
2 Bath
900 ft²
|
$925,000
-9.76%
11/18/2015
|
Arthur Irwin
Brown Harris Stevens Residential Sales LLC
|
||
01/14/2015
|
2 Bed
|
2 Bath
|
1100 ft²
|
$1,800,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
|
Leasing Office 520 West 43
Rose Associates Inc
|
|
01/06/2015
|
1 Bed
|
1 Bath
|
750 ft²
|
$1,250,000
1 Bed
1 Bath
750 ft²
|
-
-
|
-
|
Leasing Office 520 West 43
Rose Associates Inc
|
|
01/06/2015
|
Studio
|
1 Bath
|
330 ft²
|
$550,000
Studio
1 Bath
330 ft²
|
-
-
|
-
|
Leasing Office 520 West 43
Rose Associates Inc
|
|
10/16/2014
|
2 Bed
|
1 Bath
|
950 ft²
|
$950,000
2 Bed
1 Bath
950 ft²
|
$880,000
-7.37%
03/23/2015
|
Stephen Wald
Stephen P. Wald Real Estate Associates
|
||
10/03/2014
|
3 Bed
|
2.5 Bath
|
3000 ft²
|
$5,495,000
3 Bed
2.5 Bath
3000 ft²
|
-
-
|
-
|
Joy Wayne
Elliman
|
|
07/18/2014
|
2 Bed
|
2 Bath
|
1400 ft²
|
$1,850,000
2 Bed
2 Bath
1400 ft²
|
$1,550,000
-16.22%
11/20/2014
|
Leasing Office 520 West 43
The Corcoran Group
|
||
07/11/2014
|
1 Bed
|
1 Bath
|
900 ft²
|
$1,075,000
1 Bed
1 Bath
900 ft²
|
$700,000
-34.88%
02/05/2021
|
-
|
Arthur Irwin
Brown Harris Stevens Residential Sales LLC
|
|
04/21/2014
|
Studio
|
1 Bath
|
-
|
$625,000
Studio
1 Bath
|
$590,000
-5.60%
07/11/2014
|
Stephen Wald
Stephen P. Wald Real Estate Associates
|
||
02/20/2014
|
1 Bed
|
2 Bath
|
-
|
$980,000
1 Bed
2 Bath
|
-
10/17/2014
|
Margaret Lacey
Halstead dba Brown Harris Stevens Residential Sales LLC
|
||
12/06/2013
|
1 Bed
|
1 Bath
|
900 ft²
|
$865,000
1 Bed
1 Bath
900 ft²
|
$865,000
03/27/2014
|
Stephen Wald
Stephen P. Wald Real Estate Associates
|
||
11/12/2013
|
2 Bed
|
2.5 Bath
|
-
|
$3,600,000
2 Bed
2.5 Bath
|
-
-
|
-
|
Craig Dix
Berkshire Hathaway HomeServices New York Properties
|
|
10/24/2013
|
3 Bed
|
2.5 Bath
|
3000 ft²
|
$4,995,000
3 Bed
2.5 Bath
3000 ft²
|
-
-
|
-
|
Joy Wayne
Elliman
|
|
10/22/2013
|
1 Bed
|
2 Bath
|
900 ft²
|
$900,000
1 Bed
2 Bath
900 ft²
|
$900,000
03/28/2014
|
Stephen Wald
Stephen P. Wald Real Estate Associates
|
||
09/21/2013
|
1 Bed
|
1 Bath
|
1000 ft²
|
$1,150,000
1 Bed
1 Bath
1000 ft²
|
-
-
|
-
|
Richard L.
Douglas Elliman Real Estate
|
|
09/21/2013
|
2 Bed
|
2 Bath
|
1200 ft²
|
$995,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
|
Patricia Slochower
Prudential Douglas Elliman Real Estate
|
|
08/16/2013
|
1 Bed
|
1 Bath
|
-
|
$1,300,000
1 Bed
1 Bath
|
-
-
|
-
|
Stephen Wald
Stephen P Wald Real Estate Associates Inc
|
|
03/26/2013
|
3 Bed
|
2.5 Bath
|
-
|
$5,495,000
3 Bed
2.5 Bath
|
-
-
|
-
|
Marlene Marcus
Brown Harris Stevens Residential Sales LLC
|
|
01/08/2013
|
1 Bed
|
1 Bath
|
-
|
$750,000
1 Bed
1 Bath
|
-
10/07/2013
|
Leasing Office, Chelsea Park 260 West 26th Street
Key-Ventures, Inc.
|
||
11/29/2012
|
2 Bed
|
2 Bath
|
-
|
$1,875,000
2 Bed
2 Bath
|
$1,815,000
-3.20%
02/14/2013
|
Stephen Wald
Stephen P Wald Real Estate Associates Inc
|
||
11/28/2012
|
1 Bed
|
1 Bath
|
-
|
$760,000
1 Bed
1 Bath
|
$760,000
02/05/2021
|
-
|
A Laurance Kaiser
Berkshire Hathaway HomeServices New York Properties
|
|
10/04/2012
|
1 Bed
|
1 Bath
|
-
|
$850,000
1 Bed
1 Bath
|
-
12/07/2012
|
Arthur Harris
Halstead dba Brown Harris Stevens Residential Sales LLC
|
||
10/02/2012
|
1 Bed
|
1 Bath
|
-
|
$1,025,000
1 Bed
1 Bath
|
-
-
|
-
|
Leslie Crossley
Brown Harris Stevens Residential Sales LLC
|
|
09/20/2012
|
3 Bed
|
2 Bath
|
3800 ft²
|
$5,475,000
3 Bed
2 Bath
3800 ft²
|
-
-
|
-
|
Laura Matiz
Elliman
|
|
08/16/2012
|
1 Bed
|
1 Bath
|
-
|
$1,250,000
1 Bed
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