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$499,000

For Sale

Price Increase$99,000

- ft²

1 room

1 bed

1 bath

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This home has been saved by 54 users.

Listing by Douglas Elliman, Limited Liability Broker, 575 Madison Avenue -, New York, NY 10022 | Brokerage Listing ID: 23349334

Maintenance fees

$5,535/mo

Estimated payment

Arrow icon$7,134/mo

Legal disclaimerAll calculations are estimates provided by StreetEasy for informational purposes only. Actual amounts or financing terms may vary. Please contact your mortgage provider for specifics.

Taxes

Included in maintenance fees

Tax abatement

No info

About

Seller’s agent

/

Sheila Clancy McCarthy

Licensed Associate Real Estate Broker

Douglas Elliman

description

Spacious & Sun-Filled Residence at The Lombardy Hotel

Welcome to Apartment 1202 at 111 East 56th Street, a bright and spacious south-facing home in the elegant and iconic Lombardy Hotel. Bathed in natural light, this residence offers a serene retreat in the heart of Midtown Manhattan.

With some updates, the apartment can be placed in the lucrative hotel rental pool, providing an excellent opportunity to generate income while enjoying the benefits of hotel-style living.

Policies

  • Pets allowed

    Cats and dogs allowed

  • Pied-a-terre allowed

Home features

  • Hardwood floors

  • View

    City

Building amenities

Services and facilities

  • Doorman

    Full-time

  • Elevator

  • Live-in super

Wellness and recreation

  • Gym

Shared outdoor space

No info on shared outdoor space

About the building

The Lombardy

111 East 56th Street, New York, NY 10022

Co-op building inMidtown

- units

22 stories

1927 built

Property history

  • Price Change: ↑ $99,000 (+16.6%) on 11/21/25
  • Days on market: 297 daysThis is the number of days the listing has been on StreetEasy.
DatePriceEvent

11/21/2025

$499,000

Price increased by 25%

6/25/2025

$400,000

Price decreased by 20%

2/11/2025

$499,000

Listed by Douglas Elliman

2/3/2025

$550,000

Delisted by Stephen P. Wald

9/22/2022

$550,000

Listed by Stephen P. Wald

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Explore Midtown

Transit

LocationDistance

NRW456at Lexington Av/59th St

0.14 miles

EM6at Lexington Av–53rd St

0.17 miles

EMat 5th Av–53rd St

0.2 miles

EM6at 51st St

0.26 miles

NRat 59th St

0.29 miles

About Midtown

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

1 bed

$1.65M

RentalsMedian asking base rent

1 bed

$4,990

If you're looking for a neighborhood with tree-lined streets and quaint coffee shops, Midtown isn't it. The neighborhood is more of a center for business than a residential community, but it puts everything close at hand for those who dwell here. Skyscrapers rise above congested streets, tourists flock to Broadway shows and Times Square, and thousands of commuters pass through Grand Central Terminal, Pennsylvania Station, and the Port Authority Bus Terminal every day.

The real estate options in Midtown can be diverse; surprisingly affordable apartments can be found alongside some of the city's most expensive properties. The headquarters of many global corporations line Sixth Avenue, while Fifth Avenue is an upscale retail destination with stores from some of the world's best-known brands.

Learn more about Midtown