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) potential
Apartments 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.
Recent Sales in Area*
12/20/2018 480 PARK AVENUE
12/19/2018 418 EAST 59TH STREET
09/05/2018 50 SUTTON PLACE SOUTH
08/29/2018 455 EAST 51ST STREET
07/12/2018 200 EAST 57TH STREET
07/09/2018 444 EAST 52ND STREET
06/04/2018 300 EAST 59TH STREET
06/01/2018 251 EAST 51ST STREET
04/02/2018 418 EAST 59TH STREET
02/01/2018 45 SUTTON PLACE SOUTH
* Recent sales in area is compiled by properties having the same bedroom count or same bathroom count, property type, location, and a similar price range. Sales history may include properties with varied amenities and conditions (views, layout, market timing and other significant variables). Contact agent for more details regarding this information.