Property Details

Price: 
$499,000 
Type: 
COOP 
Rooms: 
Bathrooms: 
Annual Taxes: 
$0 
CC / Maintenance: 
$1,704 
Financing Allowed: 
50% 
Neighborhood: 
Middle East Side 
Cross Street: 
Park Avenue/Lexington Ave 
Built: 
1927 
Floors: 
21 
Additional Features:
Doorman, Pets Allowed, Prewar, Health Club, Elevator
Status:
ACTIVE
Open Houses:
12/15/2019 12:00 - 1:30

Property Description

RARE INVESTMENT OPPORTUNITY! Own an income-producing pied-a-terre in a historic boutique residential hotel.This spacious, renovated studio in The Lombardy Hotel is the perfect pied-a-terre and investment property. Because apartment 215 is part of the hotel's rental pool, you can enjoy the luxuries of a hotel while you are in the city and earn rental income while you are away. Its monthly maintenance even includes electricity, cable, wifi, and twice-daily housekeeping. Built in 1926 by William Randolph Hearst, The Lombardy is an elegant retreat in the center of Midtown Manhattan. Its location off Park Avenue on 56th Street is blocks away from of some of the best dining, shopping, and culture in the city, ideal for tourists and business travelers alike. Residents and their guests enjoy a fitness center, on-site salon, doorman and concierge, and the best coffee in Manhattan at Ninth Street Espresso. Trusts and corporate purchasers welcome. Don't miss this unique opportunity! Capital assessment of $281.25 per month. All information furnished herein is from sources deemed reliable. All information is submitted subject to errors, omissions, change of price, prior sale or lease, or withdrawal without notice. All dimensions are approximate. For exact dimensions, please hire your own architect or engineer.

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