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RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10022
  6. 111 East 56th Street #1005
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Stock Cooperative•Midtown East

111 East 56th Street #1005, New York City, NY 10022

Listing Courtesy of Compass

$750,000

Potential Rebate: $11,250

Stock Cooperative
2 Beds
2 Baths
5 Rooms
Built 1927
22 Stories
Listed on Mar 4, 2025
318 days on market
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Overview

Live or Invest: Rare 2BR at The Lombardy Hotel with Luxury Services

Welcome to apartment 1005 at The Lombardy Hotel. This is a rare southern facing two bedroom, two bathroom apartment. There is a spacious eat in kitchen, a bonus dressing room or home office (with plumbing intact) along with a truly usable terrace with seating for at least three! The apartment has a washer/dryer and multiple walk-in closets.

This is either an Investors Dream (there is permissible Daily, Weekly and Monthly short term rentals) or you make this your own personal residence, and live in luxury with all Hotel Services, including a Doorman, Bell Man, Front Desk, Fitness Center, Business Center, Nico’s Beauty Salon and valet parking. Housekeeping is available for an extra fee. The Lombardy Hotel is situated in the heart of Manhattan, steps from the to the best dining, shopping, art galleries and Theatres. Maintenance includes utilities.

Home Features

  • •Building Washer Dryer Install Allowed
  • •Valet
  • •Private Outdoor Space Over 60 Sqft

Building Amenities

  • •Valet

Estimated Monthly Payment

$12,987 per month

30 year fixed, 6.28% Interest

Principal and Interest
$3,706
Property Taxes
$0
Maintenance/Common Charges
$9,281

Estimated Rebate for this Home

One-time rebate at closing

$11,250

Monthly savings impact

$31/mo

Effective Purchase Price

$738,750

(Home Price - Estimated Rebate)

💡 Estimated rebate from our commission

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).

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RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.

The Real Estate Rebate Team

Listing Courtesy of Compass

Data Source: TRESTLE #RLS20006565

RLS at REBNY

RLS at REBNY - Real Estate Board of New York Residential Listing Service

Why Buy With Us

Rebates Up To

2.5%

25+ Years

Experience

REBNY & NAR

Member

Verified

Listings

RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.

The Real Estate Rebate Team

Listing Courtesy of Compass

Data Source: TRESTLE #RLS20006565

RLS at REBNY

RLS at REBNY - Real Estate Board of New York Residential Listing Service

Price Analysis

Compare average listing prices and value metrics for 111 East 56th Street against the surrounding East Midtown market.

Based on 3 active units in building vs 198 in area

Average List Price

Building$1.7M
Neighborhood$4.8M

Price Per SqFt

Building Avg$1,167/ft²
Neighborhood Avg$2,408/ft²
Value Opportunity

51.56% Lower

than the East Midtown price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

East Midtown

Overview of East Midtown

East Midtown is the corporate heart of the city. It is impressive and tall. For buyers seeking East Midtown Manhattan real estate, it offers walk-to-work convenience. Living in East Midtown is efficient. As a Manhattan NYC neighborhood, it is global.

Real Estate & Housing Market

The market for homes for sale in East Midtown includes luxury high-rise condos.

Lifestyle & Community

The lifestyle in East Midtown is busy on weekdays, quiet on weekends.

Transportation & Accessibility

East Midtown is connected to everything via Grand Central.

Parks, Schools & Amenities

Bryant Park is nearby. Amenities: World-class shopping on 5th Ave.

Who This Neighborhood Is Best For

East Midtown is best for corporate professionals.
East Midtown GuideAll Neighborhoods
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