781 5th Avenue, Unit 505

781 5th Avenue, Unit 505

Sherry Netherland
Lenox Hill

$5,875,000
Price
3
Beds
3
Baths
1
1/2 Bath
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Virtual Tour

Virtual Tour

a living room with furniture and a large window
a dining room with furniture window wooden floor
a kitchen with white cabinets and white appliances
a spacious bedroom with two beds and large windows
a spacious bathroom with a double vanity sink mirror and double
a living room with furniture and a large window
a bathroom with a sink a mirror and shower
a large kitchen with a large window and a view of living room
a bathroom with a tub sink and mirror
a bathroom with a sink and a mirror
a bathroom with a toilet a sink and mirror
a view of a building
a view of a city
a picture of a floor plan

Description

Experience quintessential New York City living at its best in a spectacular 3 bedroom, 3 and a half bathroom jewel in one of Manhattan’s most iconic skyscrapers. The true essence of old NY is impeccably reimagined and perfectly epitomized in this glamorous Upper East Side home at the exclusive Sherry Netherland, a preeminent residential hotel moments from Central Park. Graciously-proportioned #505 was meticulously designed by the famed Jeffrey Bradfield, named a Dean of American Design by Architectural...Experience quintessential New York City living at its best in a spectacular 3 bedroom, 3 and a half bathroom jewel in one of Manhattan’s most iconic skyscrapers. The true essence of old NY is impeccably reimagined and perfectly epitomized in this glamorous Upper East Side home at the exclusive Sherry Netherland, a preeminent residential hotel moments from Central Park. Graciously-proportioned #505 was meticulously designed by the famed Jeffrey Bradfield, named a Dean of American Design by Architectural Digest and a Top Ten Designer by The Robb Report. Every exquisite, custom-made detail in this pristine-condition residence is rare and impressive, and reminiscent of another refined era. Superlative elements abound throughout representing an unparalleled quality of craftsmanship, from elegant coffered and tray ceilings to rich woods and intricate marble floors, magnificent moldings, custom millwork doors, a stately marble fireplace mantle, high-end lighting, to premium Bullet brackets and hardware adorning all cabinets and doors. Topping the allure are the breathtaking views of Central Park, Fifth Avenue, landmark architecture and Manhattan skyline, enjoyed from oversized windows lining the entire southern and western sides of the sun-bathed apartment. Another very special attraction is the separate 137 sq ft windowed storage unit on same that comes with the apartment and has its own full bathroom. Enter the generous stunning central gallery with gorgeous marble floors, a beautiful domed ceiling, large closet and upscale powder room. While proceeding to the dramatic entertaining space, fabulous hidden folding doors, which appear as part of the paneling, can be extended to close off the gallery and living area for privacy if desired. The expansive southwest corner living room affords an ideal backdrop for entertaining. Adjoining via pocket doors is a formal dining room featuring tasteful built-ins for fine china, and dark herringbone-pattern wood floors. Across the hall is a modern kitchen styled with sleek white cabinetry and countertops, and top-of-the-line appliances for the chef. At right is extensive built-in storage, and a convenient washer-dryer. The huge primary bedroom suite is phenomenal, offering walls of closets, arched mirrored display niches, a sitting area, and luxurious spa bath with a deep soaking tub and separate shower. Beyond is an ultra-luxurious dressing room wrapped in floor-to-ceiling mirrored closets, with an additional walk-in closet, marble-top storage island, and makeup vanity. This room was originally the 3rd bedroom and can easily be converted back as it comes with a lovely full bath. Across the home is the 3rd bedroom suite with a wall of mirrored closets and full bath, which makes a comfortable den or office as well. Built in 1927 as a world-class hotel and converted to a cooperative in 1954, the landmarked Sherry Netherland sits at the epicenter of Manhattan, moments from Central Park, The Plaza, Pierre, premier shops, restaurants and other attractions. Elevating the lifestyle is its work-of-art lobby adorned with a restored ceiling mural based on Raphael's frescoes at the Vatican Palace, and white-glove services/amenities including a 24-hour doorman, concierge, and attended elevators. Residents may partake in hotel services as well such as daily maid service, an onsite fitness center, hair salon, and valet parking. Pied-a-terres are allowed. The current monthly maintenance for 505 is $22,714.17 and the maid’s room 519 is $1,170.83. The total monthly assessment for 505 and 519 is $2,679.18 thru 9/1/2027. The maintenance will be increased as of 1/1/2023 to $302 per share which will make the monthly maintenance $24,411.67 for 505 and $1,258.33 for 519. The assessment remains the same.

Property Details for 781 5th Avenue, Unit 505

View
ParkGreenbelt
Architectural Style
Prewar

Location

Listing Courtesy of Sothebys International Realty
Add your commute
LISTING UPDATED: 03/27/2024 11:21 AM

Property Details for 781 5th Avenue, Unit 505

StatusActive
MLS IDPRCH-3976939
Days on Market405
Taxes-
Maintenance$24,412 / month
Min. Down Pymt-
Total Rooms5.5
Compass TypeCo-op
MLS TypeCo-op
Year Built1928
CountyNew York County

Building

Sherry Netherland

169 Units38 StoriesBuilt in 1928

Location

Listing Courtesy of Sothebys International Realty
Add your commute

Virtual Tour

Building Information for 781 5th Avenue, Unit 505

Building/ComplexSherry NetherlandFloor5Stories38Residences169Pet PolicyAllowedYear Built1928Building AgePre-warBuilding TypeHighrise

Payment Calculator

$56,474 per month

30 year fixed, 7.25% Interest

Principal and Interest

$32,062

Property Taxes

$0

Maintenance/Common Charges

$24,412

The Payment Calculator is for illustrative purposes only.

Property Information for 781 5th Avenue, Unit 505

Summary
Location and General Information
  • Subdivision Name: Lenox Hill
  • Stories Total: 38
  • Exposures: West, South
  • Garage Spaces: 0.0
Taxes and HOA
  • Tax Lot: 0001
  • Tax Block: 01374
  • Flip Tax Type: Percent
  • Association Fee Frequency: Monthly
  • Flip Tax: $2
  • Building Tax Lot: 0001
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Virtual Tour
Property
Lot Information
  • Living Area: 0.0
  • Building Area Total: 314509.0
  • Lot Size Dimensions: 100.0 x 125.0
  • Living Area Units: SquareFeet
  • Building Name: Sherry Netherland
Building Information
  • Building Laundry Features: InUnit, CommonArea, OnCommonFloor
  • Building Pets Allowed: BuildingYes
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: No
  • Common Interest: StockCooperative
  • Number Of Shares: 0
  • New Construction: No
  • Structure Type: HighRise
Interior and Exterior Features
Interior Features
  • Cooling: CentralAir
  • Entry Level: 5
  • Appliances: Dishwasher
  • Fireplace: No
  • Furnished: Unfurnished
  • Interior Features: EntranceFoyer, GalleyKitchen, Elevator, Storage
  • Floor Number: 5
  • Laundry Features: InUnit, LaundryRoom, OnCommonFloor
  • Room Type: DiningRoom, Gym
  • ElevatorsTotal: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 169
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Attendance Type: DoormanYes, ConciergeYes, DoormanFullTime
  • Owner Pays: None
  • Owner Pays Remarks: Call Listing Agent
  • Renting Allowed: Yes

Property History for 781 5th Avenue, Unit 505

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 781 5th Avenue, Unit 505

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
East Side Elementary School, PS 267
Public - K to 5
Nyc Lab Ms For Collaborative Studies
Public - 6 to 8
Lower Manhattan Community Middle School
Public - 6 to 8
Jhs 167 Robert F Wagner
Public - 6 to 8
Rating
School
Distance
East Side Elementary School, PS 267
PublicK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 167 Robert F Wagner
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 781 5th Avenue, Unit 505, Lenox Hill

781 5th Avenue, Unit 505 is a co-op for sale in Lenox Hill. This property was listed for sale on January 4, 2023 by Sothebys International Realty, it's currently listed at $5,875,000. This listing's school district is New York City Geographic District # 2. Nearby schools include East Side Elementary School, PS 267, Nyc Lab Ms For Collaborative Studies and Lower Manhattan Community Middle School. 781 5th Avenue, Unit 505 is a 3-bed, 3.5-bath, co-op built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sothebys International Realty

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.