Total Est. Monthly Carrying Cost:
$29,371 ($9.79/ft2)
Note: the above is based on a down payment of 50% ($1,500,000),
which is the minimum amount permitted by the building.
Description
Please note that the above-referenced price reflects the minimum bid for the property, which is being marketed for sale by private luxury property auction. Bidding is open now through March 14, 2024. Seller reserves the right to accept or reject bids. Additional terms apply. Please visit Paramount Realty USA’s website for further details here:
Luxurious Penthouse Living at the Lombardy: This spectacular Penthouse unit, located just off of Park Avenue, boasts over 3000 square feet of interior space, approximately 1600 square feet of terraces, and is bathed in light with exposures in all four directions.
Entry to the Penthouse is through a gracious sitting room/private gallery with access onto the west terrace. The expansive and inviting living/dining room is grand in scale and enjoys skyline views through north facing windows. Off of the living room are the luxurious master bedroom suite, with its large windowed en-suite bath, huge eat-in gourmet kitchen equipped with top of the line appliances, and a second bedroom also with an en-suite bath.
The sun-flooded and dramatic east terrace enjoys beautiful skyline views to the south, east and north and can be accessed from both the kitchen and the third bedroom which is currently set up as an office. There is a washer dryer in the apartment, an abundance of storage and a powder room.
The Lombardy Hotel was built by William Randolph Hearst in 1926 and has been home to such legends as Elizabeth Taylor & Richard Burton, Bette Davis and Richard Rodgers. The Lombardy remains a sophisticated residence in an ideal location in the Plaza District of midtown Manhattan close to Central Park and with easy access to great shopping, the best restaurants, top museums and the theatre district.
Services at the Lombardy are unmatched and include a doorman, fitness center, beauty salon and business center. Foreign, Corporate, Trust and Pied-a-Terre purchases are welcome. Pets allowed. 50% financing permitted. Electricity, gas and operational services are included in maintenance.
Unit owners/shareholders can participate in the hotel’s rental program which allows them to collect 100 percent of the rental revenue.
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