$1,300,000
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111 E 56th St Unit 1415 New York, NY 10022
Apartment
Residence
2
Beds
2
Baths
Sq. Ft.
Property Activity
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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 po...tential. 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!
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MLS#
RPLU-1032522941234
Property Type
Apartment
Bedrooms
2
Bathrooms
2 Full
Year Built
1927
HOA Fee
$7,376
Monthly
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