#RLS11014857, Preston Maguire, Listing Office: Corcoran Group

111 E 56th St Unit 1601 New York City, NY 10022
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
Summary
- Full Bathrooms: 1
- Basement: No
- Total Bedroom Count: 1
- View: City
- Exterior: None
- List Price: $625,000
- Price/SqFt: $781
- HOA Amount: $4768 Monthly
- Year Built: 1927
- Living Area: 800 SqFt
- 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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Last updated on: 5/24/2025, 3:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$625,000
111 E 56th St Unit 1601
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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.
Neighborhood
The neighbors living near this home have an average income of $84,375. Typical income of New York City, NY residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 111 E 56th St Unit 1601
The listing price of 111 E 56th St Unit 1601 property is $625,000.
The property 111 E 56th St Unit 1601 is a condo located in New York City, New York, 10022.
Active Listing: 111 E 56th St Unit 1601 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 111 E 56th St Unit 1601 are: P.S. 59 Beekman Hill International School (GreatSchools Rating 8/10), P.S. 267 East Side Elementary School (GreatSchools Rating 9/10), P.S. 183 Robert L. Stevenson School (GreatSchools Rating 8/10), Ella Baker School (GreatSchools Rating 7/10), J.H.S. 167 Robert F. Wagner School (GreatSchools Rating 8/10), City Knoll Middle School (GreatSchools Rating 2/10), Art and Design High School (GreatSchools Rating 8/10), Talent Unlimited High School (GreatSchools Rating 7/10), Manhattan International High School (GreatSchools Rating 1/10).
The property at 111 E 56th St Unit 1601 has 1 bedroom and 1 bathroom.
The property 111 E 56th St Unit 1601 is 800 SqFt (source: MLS/tax record).
The year of construction for 111 E 56th St Unit 1601 is 1927.
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.
Over 210 listings were sold over their listed price in April 2025 in New York City, NY. In the same period over 652 listings were sold below the listed price and 792 listings were sold for the listed price. The number of homes for sale in New York City, NY increased by 1.7% between March and April 2025. In April 2025, listings were on the market for 131 days. During the same period, the median list price in this real estate market was $870,078.