Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
111 E 56th Street #712
Interested in this property?
Active For Sale Co-op

$300,000

$473 per sq ft

111 E 56th Street #712

Midtown East, Manhattan

MLS® #RLS20067239

RLS at REBNY

Listing by Stephen P Wald Real Estate Associates Inc

Studio

1

Bath

634

Sq. Ft.

1927

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 634 sq ft
Year Built 1927
Ownership Co-op
Maintenance $2,771.82/mo
Neighborhood Midtown East
Floor 7 of 21

Property Highlights

  • Exposure: North facing
  • Style: Prewar architecture
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 7 of 21
Exposure North
Cooling Wall Units
Pets Yes
Cross Street Park Avenue/Lexington Avenue
Year Built 1927
Living Area 634 sq ft
Architectural Style Prewar
Structure Type HighRise
Parcel # 1311-0005-00111-000-0000712
Block/Lot 1311/0005

Listing History

Event Date Price Change
Listed Jan 15, 2026 $300,000 -
Currently Apr 28, 2026 $300,000 -

Description

Enjoy Full-Service, Luxury, Hotel Living at The Lombardy Hotel. Apartment 712 offers you the ability to own an oversized, 634sq ft, "Junior" one bedroom suite for both your own personal use and as a source of income. Simply put, The Lombardy will rent your hotel suite on a daily, monthly or weekly basis and you choose when you want to be there. The income received will offset your ownership expenses while still having the best of a luxury New York life style. The Lombardy built in 1927, owned by William Randolph Hearst and was the home to many of New York's and Hollywood's rich and famous. There is a full-service hotel staff, a fitness center, meeting room, hair salon and restaurant on premises.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Stories 21
Structure HighRise
Style Prewar

Financial Details

Maintenance $2,771.82/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

238

Median Asking Price

$1.54M

Median $/Sqft

$1,559

Avg Days on Market

N/A

New This Week

7

Price Reduced

25%

Sold (30 Days)

14

Median Sale Price

$1.25M

Live data from RLS at REBNY • Updated 4/28/26, 1:39 PM EST

Similar Listings in Midtown East

View All

Location

Loading map...

111 E 56th Street #712, Midtown East, New York County • Near Park Avenue/Lexington Avenue

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 $2,771.82 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 634 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 $300,000 for 634 sq ft, the asking price per square foot is approximately $473. 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: RLS20067239
First Listed: 1/15/2026
On Market: 1/15/2026
Price Changed: 1/15/2026
Contract Date: 1/15/2026

Listing 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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/28/2026 at 5:39 PM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

NYC Flip Tax Guide for Sellers

What co-op flip taxes are, how they're calculated, and who pays.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

Interested in this property?

Your info is secure and never shared.

Call Text Email