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The Pierre, 795 Fifth Avenue, #512

$2,200,000 | 2 beds, 2 baths
View Full Building Profile  | 
107 days on Market

Key Details

  • Listed: Jan 11, 2024
    Days on Market: 107
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 439 times
Monthly Maintenance: $9,702
Est. Monthly Mortgage: $0
Total Est. Monthly Carrying Cost: $9,702
Note: the above is based on a down payment of 100% ($2,200,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Transportation
  • Residents have access to a chauffeur-driven Jaguar XJL, based on availability.
  • Dining Options
  • The on-site French/American restaurant and bar/lounge provide room service, adding to the convenience and luxury of living in this residence.
  • The building underwent a $100 million renovation in 2005 and is now managed by Taj Hotels Resorts and Palaces, making it the only Forbes Five Star and AAA Five Diamond rated hotel on the Upper East Side.
  • Location: Iconic Pierre Hotel

Description

MAGNIFICENT AND TIMELESS ELEGANCE

Luxury and service come together at The Pierre with all the amenities of the world most notable hotel.

Double doors lead into this iconic two bedroom with two-bathroom residence with grand proportions, 10" ceilings and oversized windows.

The stunning gallery leads into the corner living room with central park views west and beautiful northern exposures, gracious living and dining with closets and storage galore.

The large primary bedroom features an adjoining windowed dressing room with an abundance of closets including a walk-in closet , and an elegant bathroom.

The large second bedroom or library offers an en-suite bathroom and walk in closet.

The Pierre opened its doors in 1930. It’s been revered as both a quintessential monument to NYC affluence and is an outstanding archetype of service and New York City grandeur. Residents enjoy full access to all hotel services including 24-hour concierge, twice-daily housekeeping service, spa and fitness center, valet services, conference room, business center, and beauty salon.

Perrine, the new French/American restaurant along with Two E bar/lounge and the Rotunda, are located in the hotel and can provide room service. Pied-a-terre, corporate purchasers, along with pets, are all welcome.

Built in 1928, the Pierre was designed by Schultze and Weaver. The 44-story structure is set back from Fifth Avenue, 500 feet above 61st Street, and is topped with a mansard-style copper roof.

The Pierre was once owned by J. Paul Getty, who bought it in 1938 and turned it into a cooperative in 1959. The building underwent a $100 million renovation in 2005 and is now a luxury hotel and residence managed by Taj Hotels Resorts and Palaces. The Pierre, the ultimate in luxurious hotel living, is now the only Forbes Five Star and AAA Five Diamond rated hotel on the Upper East Side.

In addition to maintenance, shareholders pays a monthly capital contribution fee of $1,254.30 and there is a 2% flip tax payable by the purchaser.

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Listing Agent (Seller's Representative)

Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About The Pierre, 795 Fifth Avenue

95

The Pierre, 795 Fifth Avenue has received a CityRealty Rating of 95, 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
+
31
Out of 36
+
22
Out of 39
+
10
=
95
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:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 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 20 blocks 4 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 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:
More than 5 Short Blocks 0 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:
Spacious 4 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 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:
Yes 1 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 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

  • Attended Lobby
  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Central AC
  • Health Club
  • Intercom
  • Washer/Dryer in building
  • Elevator
  • Business Center
  • Valet Parking
  • Lounge
  • Fitness Center
  • In-Unit Washer/Dryer
  • Valet Services
  • Fireplaces
  • Landmarked
  • Live-In Superintendent
  • Restaurant
  • Terraces / Balconies

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Pros
  • Fabulous views
  • Close to Subway
  • Magnificent location
  • Concierge
  • Doorman
  • Restaurants
  • Some terraces
  • Convenient transportation
  • Close to many famous boutiques and stores
  • Elevator operators
  • Hotel Services
Cons
  • No sundeck
  • No balconies
  • Heavy traffic
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Subways

  1. N
  2. Q
  3. R
at 5th Ave and 60th 0.08 miles
  1. 4
  2. 5
  3. 6
at Lexington Ave and 60th 0.28 miles
  1. F
at 6th Ave 0.30 miles
  1. M
  2. E
at 5th Ave and 53rd 0.39 miles

Aerial Imagery

 

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