2 bedroom Apartment For Sale: 111 EAST..

4.5 RM RESIDENCE/PIED-A-TERRE/INVESTMENT Apartment 715/705 is one of the most desirable apartment lines in the Lombardy -- as a residence or investment opportunity.Perfectly located at the end of a hall corridor, 715/705 consists of two contiguous but separate units (sharing a common foyer) in mint condition, featuring large, well proportioned rooms, a gracious floor plan, commodious closet space, 9+ft ceilings, open south & north views with wonderful natural light. The apartment exudes sophistication, serenity & style -- recently renovated by a famous South American decorator, the apartment is 'turn-key' ready, tastefully & stylishly appointed with high-end fixtures & finishes. The apartment is presently configured for maximum versatility: a studio and a large 3 room apartment, or one large 4.5 room apartment. Both provide excellent rental potential, separately or as one unit -- or for personal use as a private residence.The distinguished 'Lombardy' has been the 2nd home to many prominent American & foreign owners. Richard Rogers, Richard Burton & Elizabeth Taylor spent much of their NY time at the Lombardy. Built by William Randolph Hearst in 1926, the building is located on a leafy and tranquil side street in the sophisticated 'East 50s', two blocks from Central Park, convenient to all transportation -- and proximate to Manhattan's most fashionable shops, boutiques & restaurants. The Lombardy includes a highly reviewed restaurant ('American Cut')), a state of the art fitness center, business center, beauty salon, espresso bar; valet parking is available for residents. Maid service (twice daily) and utilities are included in maintenance. Importantly, the Lombardy is a unique investment opportunity -- owners who are infrequently in residence may rent their apartments daily, weekly, monthly (or longer) and receive income during the time they are away. A 'Lombardy' in-house executive vets rental clients and arranges for apartment rentals. 2% flip tax paid by seller. Pets allowed for unit owners.

Key Features:

Thru the Wall Air Conditioning
City Views
Doorman
Attended Lobby
Concierge
Health Club
Pre-War Ref: 36508-15915397