Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
111 E 56TH Street #1107
Interested in this property?
Active For Sale Co-op

$400,000

$462 per sq ft

111 E 56TH Street #1107

Midtown East, Manhattan

The Lombardy

MLS® #RLS20070856

RLS at REBNY

Listing by Corcoran Group

1

Bedroom

1

Bath

865

Sq. Ft.

1927

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 865 sq ft
Year Built 1927
Ownership Co-op
Maintenance $5,896/mo
Neighborhood Midtown East

Property Highlights

  • Views: City
  • Exposure: North facing
  • Character: Pre-war building (1927)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
View City
Exposure North
Pets Yes
Year Built 1927
Living Area 865 sq ft
Structure Type HighRise
Basement Other
Parcel # 1311-0005-00111-000-0001107
Block/Lot 01311/0005

Listing History

Event Date Price Change
Listed Feb 6, 2026 $400,000 -
Currently May 4, 2026 $400,000 -

Description

Sophisticated Living at The Lombardy
Unit 1107 -
111 East 56th Street 1 BD 1 BA $400,000
Best priced One Bedroom


Residence 1107 at The Lombardy is an exceptional, oversized one-bedroom home offering scale, serenity, and sophistication. Perfectly positioned for those seeking a full-time Manhattan residence, investment property, or a refined pied-à-terre, this apartment stands as the best-priced one-bedroom currently available in the building.

A gracious entry leads into an expansive north-facing living and dining area featuring 10-foot ceilings and generous proportions. The home includes a well-appointed kitchen with ample cabinetry, plentiful closet space, and a large bedroom suite with an en-suite marble bath featuring a stall shower and elegant, high-end fixtures.

Live the life of luxury when you're in town and earn premium rental income while you're away. 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.

Built in 1926 by William Randolph Hearst, The Lombardy is a distinguished prewar landmark that has served as the New York home to legends like Richard Burton and Elizabeth Taylor. Located on a tranquil, leafy side street in the heart of the "East 50s," the building offers a white-glove lifestyle just two blocks from Central Park. Comprehensive amenities include a 24-hour doorman and front desk, concierge, valet, fitness center, business center, and an on-site beauty salon.

Residents also benefit from laundry services, and while utilities are included in the maintenance, daily maid service and housekeeping are available at an additional cost. The building is pet-friendly, welcomes pied-à-terre ownership, and is situated moments from MoMA, Fifth Avenue shopping, and Manhattan's finest dining.

Features & Amenities

Interior Features

Building None

Exterior Features

None

Building Amenities

Spa Hot Tub

Building Information

Building The Lombardy
Building Data View Compliance & Permits
Total Units 162
Stories 22
Structure HighRise

Financial Details

Maintenance $5,896/mo

Midtown 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 Neighborhood

Active Listings

232

Median Asking Price

$1.58M

Median $/Sqft

$1,607

Avg Days on Market

N/A

New This Week

5

Price Reduced

26%

Sold (30 Days)

12

Median Sale Price

$1.22M

Live data from RLS at REBNY • Updated 5/3/26, 11:54 PM EST

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Location

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111 E 56TH Street #1107, Midtown East, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
5
Floors
R6
Zoning District

Tax & Assessment

Assessed Value: $96,604,200
Land Value: $1,575,000
Exemptions: $96,604,200

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 140,000 SF
Building Area: 460,000 SF
Built FAR: 3.29
Allowed FAR: 2.43

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

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $5,896 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 865 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 the listing broker for weight limits or breed restrictions.

At the current list price of $400,000 for 865 sq ft, the asking price per square foot is approximately $462. 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 mcoste@kwnyc.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) 416-7433
MLS® ID: RLS20070856
First Listed: 2/6/2026
On Market: 2/6/2026
Price Changed: 2/6/2026
Contract Date: 2/6/2026

Listing Courtesy of Corcoran Group - Alejandra Rivelis

Listing Contact: (646) 270-5415

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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 3:54 AM UTC

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