111 E 56th St
New York, NY 10022
The Lombardy · Hospitality Property For Sale · 200 Rooms

Built around 1926 by William Randolph Hearst for his mistress, Brooklyn–born actress and philanthropist Marion Davies, the Lombardy Hotel occupies a prime Plaza District location in the heart of Midtown East, on the north side of East 56th Street between Park and Lexington Avenues. It was converted to a Hotel Cooperative in 1955, and retains an understated, residential ambiance, with a high level of personalized hotel services. In-house amenities include a barber and salon, coffee shop, dining, package delivery, and a fitness center. There is a 24-hour doorman and concierge services. This superb location has skyrocketed in desirability with the arrival of new buildings such as the hotly-anticipated 425 Park Avenue, a $1 billion, 47-story tower designed by Foster + Partners. Located directly across the street from the Lombardy, 425 Park is the first full-block project in nearly 50 years, and tenants will include $30 billion hedge fund Citadel on its top floors and a new restaurant by the creators of Eleven Madison Park. Also in the neighborhood is the fabulous 432 Park Avenue, and practicalities such as Whole Foods. The Lombardy is steps away from all major public transportation at 59th and Lexington. A short walk from Grand Central Station. Convenient to cross town. Special assessment of $675 per month, ending 12/31/20. 50% financing allowed. 2% flip tax. Foreign and Corporate buyers are welcomed. Pet friendly, too!