111 East 56th Street, Unit 1406

$1,000,000
Price
2
Beds
1,500 Sq. Ft.
$667 / Sq. Ft.
1,500
Sq. Ft.
$667
per Sq. Ft.

Description

Iconic Living & Intelligent Investing at The Lombardy Experience a rare fusion of heritage charm and modern financial strategy in this nearly 1,500-square-foot offering at The Lombardy. Thoughtfully reconfigured into two independent luxury suites, this property provides the unique flexibility to serve as a private residence, a high-yield investment, or both. The Residences Both suites have been meticulously renovated with high-end finishes, including elegant wide-plank oak flooring, recessed lighting,...Iconic Living & Intelligent Investing at The Lombardy Experience a rare fusion of heritage charm and modern financial strategy in this nearly 1,500-square-foot offering at The Lombardy. Thoughtfully reconfigured into two independent luxury suites, this property provides the unique flexibility to serve as a private residence, a high-yield investment, or both. The Residences Both suites have been meticulously renovated with high-end finishes, including elegant wide-plank oak flooring, recessed lighting, and abundant storage. Each features a spa-inspired five-piece bathroom equipped with a double vanity and a walk-in shower. Suite 1406: A sprawling one-bedroom retreat. Four oversized windows flood the space with natural light, while a designated dining area and well-appointed kitchenette make it an ideal setting for entertaining. Suite 1415: A lavish studio layout that maintains the same high standard of luxury, offering a sun-drenched sanctuary with two large windows and sophisticated amenities. The Opportunity From a financial perspective, this property is designed for performance. With projected nightly rates of $443 for the one-bedroom and $343 for the studio, the units offer an impressive net revenue to the shareholder ranging from 49% to 62%. Ownership is effortless; whether you choose to reside in one suite or rent both, The Lombardy's renowned hotel pool manages all rental logistics on your behalf. The Neighborhood Located on East 56th Street, you are positioned in the heart of Manhattan's luxury corridor. Moments from Central Park and surrounded by icons like the Waldorf Astoria and Mandarin Oriental, this is the epitome of New York City living. Viewing Information Weekday open house times are placeholders only. All showings are by appointment and can be easily scheduled throughout the day. Reach out today to secure your place in one of the city's most storied buildings.  
  1. Listed by David Rosen • Serhant
    P: (917)-524-9680 C: (917)-524-9680 david.rosen@serhant.com

Property Details for 111 East 56th Street, Unit 1406

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City
LISTING UPDATED: 12/22/2025 02:26 PM

Property Details for 111 East 56th Street, Unit 1406

StatusActive
MLS IDRLS20064309
Days on Market2
Taxes-
Maintenance$7,376 / month
Min. Down Pymt50%
Total Rooms4.0
Compass TypeCo-op
MLS TypeCo-op
Year Built1927
CountyNew York County

Building

The Lombardy

162 Units22 StoriesBuilt in 1927

Location

Listing Courtesy of Serhant
Add your commute

Building Information for 111 East 56th Street, Unit 1406

Building/ComplexThe LombardyFloor14Stories22Residences162Pet PolicyAllowedPet Policy DetailsPets AllowedYear Built1927Building AgePre-war

Payment Calculator

$10,464 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,088

Property Taxes

$0

Maintenance/Common Charges

$7,376

The Payment Calculator is for illustrative purposes only.

Property Information for 111 East 56th Street, Unit 1406

Summary
Location and General Information
  • Subdivision Name: Midtown East
  • Stories Total: 21
  • Exposures: North, South
  • Garage Spaces: 0.0
  • View: Yes
  • Zoning Description: C5-2
Taxes and HOA
  • Tax Lot: 0005
  • Tax Deduction Percent: 20.00%
  • Tax Block: 01311
  • Flip Tax Type: Percent
  • Association Fee Frequency: Monthly
  • Flip Tax: $1
  • Building Tax Lot: 0005
  • Tax Monthly Amount: 0.0
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area Units: SquareFeet
  • Building Name: The Lombardy
Building Information
  • Building Features: SpaHotTub
  • Landmark Status YN: false
  • Building Laundry Features: None
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: false
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: StockCooperative
  • Number Of Shares: 333
  • New Construction: No
  • Structure Type: HighRise
  • Property Condition: Excellent
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: None
  • Patio And Porch Features: None
Interior Features
  • Cooling: CentralAir
  • Entry Level: 14
  • Fireplace: No
  • Floor Number: 14
  • Basement: No
  • Cooling: Yes
  • ElevatorsTotal: 6
Multi Family
Multi-Family Information
  • Unit Line: 06
  • Number Of Units Total: 0
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Attendance Type: DoormanFullTime, ConciergeYes
  • Land Lease: No

Property History for 111 East 56th Street, Unit 1406

DateEvent & SourcePriceAppreciationLink
Dec 22, 2025

Listed (Active)

RLS RESO #RLS20064309

$1,000,000
Dec 4, 2023

Temporarily Off Market

RLS RESO #RLS10927992

$1,300,000
Apr 7, 2023

Listed (Active)

RLS RESO #RLS10927992

$1,500,000
Mar 28, 2012

Sold (Public Record)

ACRIS #2012032800521001

$1,500,000
DateEvent & SourcePrice
12/22/2025

Listed (Active)

RLS RESO #RLS20064309

$1,000,000
12/04/2023

Temporarily Off Market

RLS RESO #RLS10927992

$1,300,000
04/07/2023

Listed (Active)

RLS RESO #RLS10927992

$1,500,000
03/28/2012

Sold (Public Record)

ACRIS #2012032800521001

$1,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 111 East 56th Street, Unit 1406

Taxable ValueLand-Additions-Total-
Home Facts
APN1013110005

Schools near 111 East 56th Street, Unit 1406

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 59 Beekman Hill International
PublicPK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 104 Simon Baruch
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

111 East 56th Street, Unit 1406 is a co-op for sale in Midtown East. This property was listed for sale on December 22, 2025 by Serhant, it's currently listed at $1,000,000. It has been on the market for a total of 2 days and was last sold on March 28, 2012. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 59 Beekman Hill International, Nyc Lab Ms For Collaborative Studies and Lower Manhattan Community Middle School. 111 East 56th Street, Unit 1406 is a 2-bed, 2-bath, 1,500 sqft co-op built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Serhant

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.