3 bedroom Apartment For Sale: 111 EAST..

JEWEL IN THE CROWN -- 3 APT COMBINATION! AKA 1400, 1401,1408 -- three contiguous apartments for combination or to maintain separately: 1400 (3.5 rms) /1401 (3.5 rms) / 1408 (2.5 rms). 'Turn-key' ready, the 3 apartments are in good condition, tastefully & well appointed. Each of the 3 apartments feature large, well proportioned rooms, gracious & practical floor plans, commodious closet space, 10 ft ceilings, south, east & north exposures with wonderful natural light. The apartments are easy to combine to create a 7 room, 4 bedroom, 3 bath apartment. Alternatively the apartments can be maintained as separate apartments for maximum investment (rental) potentialApartments 1400, 1401, 1408, 512, 810, 208 also are part of an investor package of 6 apartments which can be purchased separately or jointly. The price for the package is $3,725,000.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 Cafe 56 restaurant (offering room service), 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.

Key Features:

City Views
Doorman
Attended Lobby
Concierge
Health Club
Pre-War Ref: 36508-14255248