Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
111 E 56TH Street #1202
Interested in this property?
Active For Sale Co-op

$499,000

111 E 56TH Street #1202

Midtown East, Manhattan

The Lombardy

MLS® #RLS20090352

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1

Bath

N/A

Sq. Ft.

1927

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1927
Ownership Co-op
Maintenance $5,900/mo
Neighborhood Midtown East
Floor 12 of 22

Property Highlights

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

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 1
Baths 1 Full
Floor 12 of 22
View City
Pets Yes
Year Built 1927
Structure Type HighRise
Basement Other
Block/Lot 01311/0005

Listing History

Event Date Price Change
Listed May 11, 2026 $499,000 -
Currently May 11, 2026 $499,000 -

Description

Welcome to an exceptional opportunity in the heart of Manhattan's prestigious Midtown East corridor. Built by William Randolph Hearst, this spacious south-facing 1-bedroom, 1-bathroom residence is located within the iconic The Lombardy Hotel - one of New York City's rare and highly sought-after hotel cooperatives.

Bathed in natural southern light, this gracious home offers generous proportions and tremendous potential. With thoughtful upgrades, the apartment may qualify to enter the hotel rental pool at The Lombardy, making it an exceptional opportunity for both investors and end users seeking flexibility and income potential.

Residents of The Lombardy enjoy a full suite of hotel-style amenities including an on-site fitness center, barber shop, valet services, and attentive staff. Perfectly positioned just moments from Madison Avenue, Fifth Avenue, and Central Park, the location places you within a short stroll of world-class shopping, celebrated cultural destinations, and some of Manhattan's finest Michelin-starred restaurants.

A rare chance to own in one of Manhattan's classic white-glove hotel cooperatives, where timeless New York elegance meets investment versatility.

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 $5,900/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

234

Median Asking Price

$1.57M

Median $/Sqft

$1,619

Avg Days on Market

N/A

New This Week

8

Price Reduced

26%

Sold (30 Days)

13

Median Sale Price

$999K

Live data from RLS at REBNY • Updated 5/11/26, 4:15 PM EST

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Location

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111 E 56TH Street #1202, Midtown East, New York County

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 $5,900 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

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.

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: RLS20090352
First Listed: 5/11/2026
On Market: 5/11/2026
Price Changed: 5/11/2026
Contract Date: 5/11/2026

Listing Courtesy of Douglas Elliman Real Estate - Sheila Clancy McCarthy

Listing Contact: (917) 886-9821

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 5/11/2026 at 8:15 PM UTC

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