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The Sherry Netherland, 781 Fifth Avenue, #613616

Listing no longer available on CityRealty as of Jan 4, 2024
It previously was on the market for a total of 779 days.
14 apartments are currently available in this building.
779 days on Market

Pricing History

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Key Details

  • Listed: Nov 16, 2021
    Last Price Change: -18.8% ($289,000) on Sep 15
    Days on Market: 779
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 3,054 times
Monthly Maintenance: $13,590 ($6.97/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $20,351 ($10.44/ft2)
Note: the above is based on a down payment of 20% ($250,000), which is the minimum amount permitted by the building.

Description

Amazing Opportunity to purchase 3 Bed/ 3 Bath + Adjacent Staff Room w/Bath. Multiple-Unit Contiguous Hotel-Pool Compound. Bring your architect and accountant to reimagine this +/- 1,950 sq.ft. into the ultimate live/work/rental at the legendary Sherry-Netherland Hotel on the Plaza, Fifth Avenue & 59th Street.

All three units are in the hotel rental pool and may be rented individually or combined. The rare Staff Room is contiguous to one of the units and may be combined or remain with separate entrance. High ceiling ranging from 9 to 9.7 feet. Quiet, North, courtyard-facing windows with good natural light. Additionally, you have the ability to use each unit up to 30 days per unit per year – 90 days/year in total on the units if they are in the hotel pool, or opt out of one, two or three units and remove from the rental pool on an annual basis. The Sherry’s full hotel services include daily housekeeping with evening turn-down service, 24 hour doorman, concierge, elevator attendant, fitness center and room service from Harry Cipriani.

Utilities included in maintenance. Please note there is an assessment of $1,418.39/month and a 2% flip tax paid by the purchaser. The building is pet friendly and allows 50% financing. Unique among cooperatives, Foreign Buyers, and LLCs permitted with board approval.

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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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Other Apartments Available in this Building (13)

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