For Sale · Listing by Stephen P Wald Real Estate Associates Inc
111 E 56th Street #409
Midtown East, Manhattan
$300,000
111 E 56th Street #409
MLS® #RLS20068328
Listing by Stephen P Wald Real Estate Associates Inc
- 1
- Bedroom
- 1
- Bath
- 600
- Sq. Ft.
- 1927
- Year Built
Quick Summary
Property Highlights
- Exposure: North facing
- Style: Prewar architecture
- Character: Pre-war building (1927)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jan 22, 2026 | $300,000 | - |
| Currently | Jul 29, 2026 | $300,000 | - |
Description
We are pleased to represent a lovely, oversized Junior One Bedroom apartments at The Lombardy Hotel. This hotel apartment has a gracious living area and potentially a large separate sleeping area. This is an investment opportunity with low monthly fees. Live the life of luxury when you’re in town and earn premium rental income while you’re away. We are the on-site broker at the Lombardy Hotel, one of New York City’s most exclusive addresses. Built in 1926 by William Randolph Hearst, The Lombardy Hotel has been home to legends such as Elizabeth Taylor & Richard Burton, Richard Rodgers & Dorothy Belle Feiner. It offers an unparalleled pre-war elegance and boutique appeal. Over-sized studios, one, two, three & four bedroom suites are available for purchase. Full hotel services include housekeeping service, bell man and concierge services, fitness center, business center, Nico’s Beauty Salon. On site Reserve Cut hotel restaurant. The Lombardy Hotel is situated in the heart of the Mid-Town East, close to fine dining, shopping and art galleries and the Theatre District. The owner’s rental program is the best in New York. Corporate, trusts and foreign purchasers are welcome. EXCELLENT OPPORTUNITY!
Features & Amenities
Interior Features
Building Amenities
Building Information
Financial Details
About Midtown East
View All Midtown East ListingsMidtown East is a dynamic hub that is the gateway to Manhattan for many. Home to iconic landmarks like Grand Central Terminal and the Chrysler Building, the neighborhood offers unparalleled convenience for commuters and professionals. The residential landscape is a mix of high-rise luxury towers and historic side-street cooperatives, providing a wide array of options for those who want to be at the center of the city's energy.
Midtown East Live Market Data
View NeighborhoodActive Listings
211
Median Asking Price
$1.59M
Median $/Sqft
$1,668
Avg Days on Market
N/A
New This Week
14
Price Reduced
34%
Sold (30 Days)
23
Median Sale Price
$1.59M
Live data from RLS at REBNY • Updated 7/28/26, 9:37 PM EST
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Location
111 E 56th Street #409, Midtown East, New York County • Near Park Avenue/Lexington Avenue
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $2,607.39 per month. Confirm the exact amount with Milton Coste before making an offer.
This property has 1 bedroom and 1 full bathroom.
The listed interior living area is 600 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1927, making it approximately 99 years old.
This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.
Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.
At the current list price of $300,000 for 600 sq ft, the asking price per square foot is approximately $500. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Stephen P Wald Real Estate Associates Inc - Stephen P Wald
Listing Contact: (212) 750-9253
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 7/29/2026 at 1:37 AM UTC
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Midtown East Market Update
23 sales last 30 days · $1.59M median · 9.2 months supply
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Quick Facts
Monthly Costs Estimate
$60,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
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