Listing Courtesy of Compass
$3,500,000
Potential Rebate: $52,500
Unit owners/shareholders can participate in the hotel's rental program which allows them to collect 100 percent of the rental revenue.
Luxurious Penthouse Living at the Lombardy: This spectacular Penthouse unit, located just off of Park Avenue, boasts over 3000 square feet of interior space, approximately 1600 square feet of terraces, and is bathed in light with exposures in all four directions.
Entry to the Penthouse is through a gracious sitting room/private gallery with access onto the west terrace. The expansive and inviting living/dining room is grand in scale and enjoys skyline views through north facing windows.
Off of the living room are the luxurious master bedroom suite, with its large windowed en-suite bath, huge eat-in gourmet kitchen equipped with top of the line appliances, and a second bedroom also with an en-suite bath.
The sun-flooded and dramatic east terrace enjoys beautiful skyline views to the south, east and north and can be accessed from both the kitchen and the third bedroom which is currently set up as an office. There is a washer dryer in the apartment, an abundance of storage and a powder room.
The Lombardy Hotel was built by William Randolph Hearst in 1926 and has been home to such legends as Elizabeth Taylor & Richard Burton, Bette Davis and Richard Rodgers. The Lombardy remains a sophisticated residence in an ideal location in the Plaza District of midtown Manhattan close to Central Park and with easy access to great shopping, the best restaurants, top museums and the theatre district.
Services at the Lombardy are unmatched and include a doorman, fitness center, beauty salon and business center. Foreign, Corporate, Trust and Pied-a-Terre purchases are welcome. Pets allowed. 50% financing permitted. Electricity, gas and operational services are included in maintenance.
$38,273 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$52,500
Monthly savings impact
$146/mo
Effective Purchase Price
$3,447,500
(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 Compass
Data Source: TRESTLE #RLS20063858
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 Compass
Data Source: TRESTLE #RLS20063858
RLS at REBNY

Compare average listing prices and value metrics for 111 East 56th Street against the surrounding East Midtown market.
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Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

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