Listing Courtesy of Serhant
$1,000,000
Potential Rebate: $15,000
<p>Iconic Living & Intelligent Investing at The Lombardy</p> <p>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.</p> <p> <strong>The Residences</strong> 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.</p> <ul> <li> <p> <strong>Suite 1406:</strong> 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.</p> </li> <li> <p> <strong>Suite 1415:</strong> A lavish studio layout that maintains the same high standard of luxury, offering a sun-drenched sanctuary with two large windows and sophisticated amenities.</p> </li> </ul> <p> <strong>The Opportunity</strong> 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.</p> <p> <strong>The Neighborhood</strong> 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.</p> <p> <strong>Viewing Information</strong> 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.</p> <p> </p>
$12,317 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$15,000
Monthly savings impact
$42/mo
Effective Purchase Price
$985,000
(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).
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 Serhant
Data Source: TRESTLE #RLS20064309
RLS at REBNY

2.5%
Experience
Member
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 Serhant
Data Source: TRESTLE #RLS20064309
RLS at REBNY

Compare average listing prices and value metrics for The Lombardy against the surrounding East Midtown market.
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 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.
The market for homes for sale in East Midtown includes luxury high-rise condos.
The lifestyle in East Midtown is busy on weekdays, quiet on weekends.
East Midtown is connected to everything via Grand Central.
Bryant Park is nearby.
Amenities: World-class shopping on 5th Ave.
East Midtown is best for corporate professionals.

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