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The Sherry Netherland, 781 Fifth Avenue, #1205

$2,950,000 ($1,896 per ft2) -26.2% | 2 beds, 2 baths | Approx. 1,556 ft2
View Full Building Profile  | 
530 days on Market

Key Details

  • Listed: Nov 8, 2022
    Last Price Change: -26.2% ($1.045M) on Feb 23
    Days on Market: 530
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 2,009 times
Monthly Maintenance: $16,223 ($10.43/ft2)
Est. Monthly Mortgage: $16,244
Total Est. Monthly Carrying Cost: $32,467 ($20.87/ft2)
Note: the above is based on a down payment of 20% ($590,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location and Stunning Views: Located at 781 Fifth Avenue, #1205, this apartment offers sweeping views of Central Park and Grand Army Plaza. The neighborhood is Park/Fifth Ave. to 79th St.
  • Spacious and Luxurious Interior: The apartment, approximately 1,556 ft2 in size, features 2 bedrooms and 2 bathrooms. It has been newly renovated and is move-in ready. The primary suite faces Central Park and includes a large dressing room and ensuite bathroom.
  • High-End Building Amenities: The building offers an array of five-star services and amenities, including 24-hour doorman and concierge, elevator attendant, on-site restaurant, fitness center, in-house barbershop, and social club. Twice daily housekeeping and utilities are included in the monthly rent.
  • Rich History and Notable Residents: Built in 1927, the building has hosted residents such as Howard Hughes, Diana Ross, Francis Ford Coppola, Jim Henson, and Judge Judy Sheindlin. It features a recently restored ceiling mural in the lobby based on Raphael's frescoes at the Vatican Palace.
  • Financial Details: The apartment is listed for $2,950,000 ($1,896 per ft2). The monthly maintenance fee is $15,603($10.03/ft2), which also covers the total taxes & fees.
  • Potential Drawbacks: Despite its many features, the building does not have a sundeck, garage, or health club. The fenestration is inconsistent and air-conditioners are protruding and discrete.

Description

50% FINANCING NOW PERMITTED AND PRICED TO SELL.

Behold sweeping views of Central Park and Grand Army Plaza from this high floor, newly renovated residence. At approximately 1,600 square feet, this stunning home is in triple mint condition and move in ready.

A spacious marble foyer leads to the sun flooded, corner living room with double exposures to the south and west.

The adjacent, south facing library can also function as either a second bedroom, or formal dining room.

The expansive primary suite faces Central Park and features a large, park facing dressing room and a luxurious, ensuite bathroom with double vanity and shower.

The galley kitchen features ample storage and counter space. A second full bath in the foyer completes the apartment.

The Sherry Netherland, built in 1927, offers residents an array of five-star services and amenities, including 24-hour doorman and concierge, elevator attendant, on-site Harry Cipriani restaurant (with in-residence dining), fitness center, in-house barbershop, and the famed Doubles social club. Twice daily housekeeping and utilities are included in the monthly rent.

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Apartment Amenities

  • City View

Listing Agent (Seller's Representative)

Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About The Sherry Netherland, 781 Fifth Avenue

99

The Sherry Netherland, 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

Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Elevator
  • Fitness Center
  • Valet Services
  • Landmarked

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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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Subways

  1. N
  2. Q
  3. R
at 5th Ave and 60th 0.06 miles
  1. F
at 6th Ave 0.26 miles
  1. 4
  2. 5
  3. 6
at Lexington Ave and 60th 0.27 miles
  1. M
  2. E
at 5th Ave and 53rd 0.32 miles
  1. B
  2. D
at Broadway and 53rd 0.49 miles

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