$625,000

111 E 56th St Unit 1601 New York City, NY 10022

$7,422
Closing credit¹
1 bed
1 full
800 sqft
$781 / sqft
Condo

Property details

About 111 E 56th St Unit 1601

<strong>Wonderful Opportunity to Own a High Floor, South Facing One Bedroom at The Lombardy. </strong><br> <br> This spacious and bright one bedroom home is perfect for a primary residence, pied a terre, or investment property. 1601 features an oversized south facing living room with custom built-in storage and space for a large dining area. The bedroom also benefits from the sunny south-facing exposure and has a walk in closet and renovated ensuite bathroom.<br> <br> The famed Lombardy is a full-service pre-war cooperative in a prime midtown location on 56th between Park and Lexington. It is an exceptionally unique cooperative as it features a hotel program which permits unlimited short-term rentals that are managed by the building. Apartment 1601 qualifies for the hotel program and has a long, successful track record generating income for the owner. Each apartment is individually owned and decorated, and can opt into the hotel program if the condition of the unit meets the required standards. Please inquire directly to discuss and review 1601's exceptional rental track record. Utilities are included in the monthly maintenance.<br> <br> The Lombardy was built in 1926 by William Randolph Hearst. Residents benefit from the building's lovely staff with 24 hour doorman, concierge desk, maid service / housekeeping, a fitness center, and a business center. 50% financing permitted. Corporate Ownership Permitted.<br>

Highlights

Home typeStock Cooperative
StatusActive
Size800 sqft
Year built1927
MLS #RLS20015674
ViewCity

Summary

  • MLS Number: RLS20015674
  • MLS Name: RLS
  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: William Kerr
  • Agent Phone: (646) 361-0845

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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Last updated on: 4/13/2025, 10:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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living area featuring visible vents, baseboards, crown molding, and carpet floors

$625,000

111 E 56th St Unit 1601

$7,422

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

8

P.S. 59 Beekman Hill International School

Public District KG-5

0.3 mi

231 E 56th St # 249

9

P.S. 267 East Side Elementary School

Public District KG-5

0.4 mi

213 E 63rd St

8

P.S. 183 Robert L. Stevenson School

Public District KG-5

0.7 mi

419 E 66th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $84,375. The most common annual income of people living in New York City, NY is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

15%
<35k
42%
35k-100k
16%
100k-200k
27%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

65%
Single, No Kids
1%
Single, with Kids
29%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
2%
12-17 yrs old
17%
18-34 yrs old
31%
35-64 yrs old
45%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Hiking/backpackingHiking/backpacking
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • MercedesMercedes
  • BMWBMW

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 111 E 56th St Unit 1601

This home is located at 111 E 56th St Unit 1601 in New York City, NY and zip code 10022 in the Midtown East neighborhood. This 800 square foot home was built in 1927. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $625,000.

In March 2025, from all listings sold in New York City, NY there were more than 180 sold above asking price, over 693 sold below and more than 763 were sold right at the asked price. In March 2025 in New York City, NY there were 5.1% more homes for sale than in February. In March 2025 median list price was $869,492 and the average listing age was 143 days.

From Rocket Homes Real Estate and based on county public records data.

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