The Penthouse at The Lombardy

The Penthouse at The Lombardy

The Penthouse at The Lombardy
New York, NY
Minimum Bid $3,000,000
Previously $8,500,000
March 14
Auction Date

Property Highlights

Listing Agent
Bahar Tavakolian, Compass

Overview
Located just off of Park Avenue, this full-floor spectacular Penthouse unit boasts 3,000 +/- square feet of interior space and an impressive 1,600 +/- square foot wraparound terrace with panoramic and stunning skyline views to the south, east and north. Past residents of the penthouse include Academy-award winner Bette Davis and Pulitzer-Prize winners Richard Rodgers and Edna Ferber.

Description
Type: Coop
Size: 3,000 sq. ft. (approx.)
Terrace: 1,600 sq. ft. (approx.)
Rooms: 6
Bedrooms: 3
Bathrooms: 2.5
Floor: 19th

Features
· Participation in hotel rental pool
· 1,600 +/- sq. ft. wraparound terrace
· Stunning skyline views
· Chef’s kitchen with top appliances
· Twice daily housekeeping service
· Pet friendly

New Rental Policy
The owner has the flexibility to rent out the apartment nightly through the hotel rental pool, where residents will collect 100% of all revenue generated, less housekeeping fees. The Lombardy Hotel’s management company manages this process and the nightly rental rates are extremely attractive. For example, the current nightly rent for a high-floor 3-bedroom unit at The Lombardy is typically around $2,000-$3,000 per night.

Hotel Amenities
Residents also enjoy full access to the luxurious amenities and unmatched services at The Lombardy, such as 24-hour concierge and doorman, twice daily maid service, valet parking, dry cleaning service, fitness center, beauty salon, business center and espresso bar.

How to Participate

  1. Download Brochure Click Here
  2. Review Due Diligence Click Here
    Includes Bid Instructions, photos, floor plans and more.
  3. Tour Property
    By appointment only. Proof of funds required. Please call 212.867.3333 or email [email protected] to arrange a tour on:

    ·Sunday, February 11
    ·Thursday, February 22
    ·Sunday, March 3
  4. BID YOUR PRICE, BID YOUR TERMS:

    You must submit a written bid by the deadline, either on the seller’s preferred terms or on your terms. Bidding instructions are included in the Due Diligence Information.

    Subject to prior sale. Submit bid at any time. All bids are encouraged. Buyer’s Premium 3%.

    Seller (a) will accept the highest bid at or above the Reserve (on terms set forth by Seller) and (b) has the right to accept a bid below the Reserve and/or a bid on your terms.

    Broker participation invited.
Located just off of Park Avenue, this spectacular full-floor Penthouse unit boasts over 3,000 +/- square feet of interior space and an impressive 1,600 +/- square foot wraparound terrace with panoramic and stunning skyline views to the south, east and north.

Entry to the Penthouse is through a gracious sitting room/private gallery with direct access onto the west terrace. The expansive and inviting living and dining room area is grand in scale and enjoys skyline views through north facing windows. Directly off the living room is the luxurious primary bedroom suite, with a large light filled en suite bathroom. The natural light throughout this apartment is truly exceptional.

The Penthouse also features a large eat-in gourmet kitchen equipped with top-of-the-line appliances, a second en suite bedroom and a third bedroom which is currently set up as an office. There is also a powder room, washer/dryer and an abundance of storage.