EXCELLENT INVESTMENT PROPERTY with nightly rent $400 - $580 and monthly rent at around $13,000. Huge One Bedroom in Legendary Hotel Oversized one bedroom in famed Lombardy Hotel features exceptionally proportioned rooms, high beamed ceilings, renovated bath, three closets including a walk in and south exposure through large windows. 401 can be included in the Lombardy hotel rental pool which provides a unique investment opportunity where owners can generate income when not residing in the apartment. A hotel executive screens rental clients to arrange daily, weekly or longer term stays. Corporate, Trusts and foreign purchasers are welcome. The Historic Lombardy was built in 1927 and developed by William Randolph Hearst. Amenities include doorman, concierge, fitness center, American Cut Restaurant, Ninth Street Espresso, a beauty salon, valet/dry cleaning services, spa, daily maid service, valet parking and a business center. There is a 2% flip tax and a current assessment for $783.75 per month.
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