Co-op, 111 East 56th Street #215, Midtown East - Real Estate New York

Description

Investment opportunity at the historic Lombardy Hotel. Renovated studio located off Park Avenue. Residents have access to a 24 hour doorman, concierge, package delivery, health club, business center, a beauty salon, and coffee shop. Maid service and utilities are included in the maintenance. One of the most sophisticated residences in Manhattan in close proximity to Central Park and easy access to public transportation at 59th Street. Built in 1926 by William Randoph Hearst. This hotel has been home to such legends as Elizabeth Taylor & Richard Burton, Edna Ferber, and Bette Davis. Pied-a-terre, foreign, corporate, and trust purchases are all welcome! This home is a shareholders dream. The nightly net revenue is between 49%-62% to the shareholder. This unit participates in the hotel's rental pool. When you're not using the property, the hotel will rent it out. Please contact me for more information. Listing courtesy of Compass