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Sherry Netherland Hotel, 781 Fifth Avenue

between East 59th Street & East 60th Street   |    Park/Fifth Ave. to 79th St.

cityrealty insider access Interested in off-market listings at Sherry Netherland Hotel? find out more

Key Details

  • Co-op
  • Built in 1927
  • 168 Apartments
  • 36 Floors
$1,084 Avg. Price / Ft2
  • Size Avg. Price # Sold
  • 1 BED $968,125 4
  • 2 BEDS $6,955,000 2
  • 4 BEDS $10,000,000 1
  • Avg. Price based on 7 closings during past 12 months Last updated May 27, 2017
  • View all recent sales
$2,395 Avg. Price / Ft2

Overview

99

Sherry Netherland Hotel, 781 Fifth Avenue has received a CityRealty Rating of 99, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

32
Out of 44
+
32
Out of 36
+
25
Out of 39
+
10
=
99
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
Distinctive 2 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
No Consistency 0 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
A lot 0 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Stunning 5 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Very Attractive 3 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
Some 1 out of 1 points
Catering:
Some 1 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points
  • #1 Rated co-op in Manhattan
  • #1 Rated co-op - Upper East Side
  • #1 Rated co-op - Park/Fifth Ave. to 79th St.
How was this building rated?

A strong argument can be made that the Sherry Netherland Hotel at 781 Fifth Avenue on the northeast corner at 59th Street is the best building in New York.

The major other contenders, of course, are the Chrysler, Empire State, Woolworth and Helmsley buildings and 570 Lexington Avenue, and some might also throw in the Plaza and Waldorf-Astoria hotels, the Seagram Building, Lever House and the San Remo apartment building.

None of those, however, really have the magic combination of romance, originality, location and drama that are to be found at the Sherry Netherland.

Other buildings are larger, taller, more ornate, more complex, and have superb locations and far more spectacular interiors, but the Sherry Netherland has a "drop dead" elegance and exoticism that is both flamboyant and reserved.

What pushes the Sherry Netherland to the top, of course, is its top - a soaring, elaborate minaret with a delicate, open, widow's walk atop an asymmetrical roof reminiscent of a French chateaux, all in delightfully green, aged copper. The asymmetrical form of the tower significantly improves its aesthetics from most angles and if it had been a square tower it would be just another great campanile, but not a visual force with which to be reckoned. The top's chimneys and large protruding gargoyles, furthermore, grasp and tame the sky like some giant's gnarled fist.

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Apts For sale AT 781 Fifth Avenue (2)

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Nearby Subway Stations

  1. M
    M
    • 5th Av - 53rd Street (at 5th Ave and 53rd) (0.32 miles)
     
  2. B
    B
    • 7th Av (at Broadway and 53rd) (0.49 miles)
     
  3. D
    D
    • 7th Av (at Broadway and 53rd) (0.49 miles)
     
  4. F
    F
    • 57th Street (at 6th Ave) (0.26 miles)
     
  5. N
    N
    • 5th Av (at 5th Ave and 60th) (0.06 miles)
     
  6. Q
    Q
    • 5th Av (at 5th Ave and 60th) (0.06 miles)
     
  7. R
    R
    • 5th Av (at 5th Ave and 60th) (0.06 miles)
     
  8. 4
    4
    • 59th Street (at Lexington Ave and 60th) (0.27 miles)
     
  9. 5
    5
    • 59th Street (at Lexington Ave and 60th) (0.27 miles)
     
  10. 6
    6
    • 59th Street (at Lexington Ave and 60th) (0.27 miles)
     
  11. E
    E
    • 5th Av - 53rd Street (at 5th Ave and 53rd) (0.32 miles)
     

Carter Horsley's Review

Sherry Netherland Hotel, 781 Fifth Avenue Carter Horsley's Building Review
"A strong argument can be made that the Sherry Netherland Hotel at 781 Fifth Avenue on the northeast corner at 59th Street is the best building in New York." Read Carter's Full Review

The pros & cons

Pros
  • Spectacular views
  • Maid service
  • Gargoyles
  • Wonderful griffins and hanging lanterns above entrance
  • Exclusive club in basement
  • Canopied entrance
  • Concierge
  • Very elegant vaulted lobby
  • Close to Subway
Cons
  • No sundeck
  • Protruding and discrete air-conditioners
  • Inconsistent fenestration
  • No garage
  • No health club
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Popularity Stats

48
#48 Most viewed co-op in Manhattan (past 30 days).
9
#9 Most viewed co-op in Upper East Side (past 30 days).

Famous Residents at Sherry Netherland Hotel, 781 Fifth Avenue

 

Pricing Comparison of Similar Buildings

View Detailed Comparison

Sherry Netherland Hotel, 781 Fifth Avenue - 10 year Sales History

View Full Sales History
 

Sherry Netherland Hotel, 781 Fifth Avenue 12 Month Sales Summary

View By Apartment Sizes
Past 12 Months
$3,968,929
AVG Price, based on 7 Sales
 

Loading Recent Closings Table

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In the Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 293 Available for Sale
  • $1,751 Avg. Price / Ft2
  • $5,774,589 Avg. Price
  • $3,395,000 Median Price
  1. Most Expensive 834 Fifth Avenue Apt 78A | $96,000,000
  2. Least Expensive The Beekman Apt 305 | $349,000
    Price / ft2 $582
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 194 Total Sales
  • $1,487 Avg. Price / Ft2
  • $3,583,754 Avg. Price
  • $2,200,000 Median Price
  1. Most Expensive 960 Fifth Avenue Apt 3AB | $55,000,000
  2. Least Expensive The Beekman Apt 1105 | $335,000

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cityrealty insider access Interested in off-market listings at Sherry Netherland Hotel? find out more
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