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The Sherry Netherland, 781 Fifth Avenue, #2001

$3,495,000 ($2,118 per ft2) | 2 beds, 2 baths | Approx. 1,650 ft2
Building Profile  | 
3 days on Market

Key Details

  • Listed: Oct 29, 2024
    Days on Market: 3
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $21,718 ($13.16/ft2)
Est. Monthly Mortgage: $18,508
Total Est. Monthly Carrying Cost: $40,226 ($24.38/ft2)
Note: the above is based on a down payment of 20% ($699,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location and Iconic Views: This prestigious Fifth Avenue property offers iconic views of Central Park and is in close proximity to upscale restaurants, shopping, and other premier attractions. The private terrace facing Fifth Avenue provides a unique vantage point to enjoy the city's beauty.
  • Luxury Living and Elegant Interiors: The apartment is located in a landmarked, full-service building and features elegant finishes and hardwood flooring throughout. The open-concept living and dining area is perfect for entertaining, and the primary suite boasts an en-suite bathroom with a soaking tub, double vanity, and designer fixtures.
  • Versatile Space: The second bedroom is currently configured as a library/office, offering flexibility for your lifestyle needs. The property is also pied-e-terre and pet-friendly, with 50% financing allowed.
  • Full-Service Amenities: Building amenities include a 24-hour doorman, concierge, attended elevators, fitness center, hair salon, and valet parking. Residents can also enjoy hotel services such as daily maid service, included in the monthly fees.
  • Exclusive Perks: Owners receive a 20% discount at the renowned Harry Cipriani restaurant. The building's rich history and notable past residents add to the prestige of living in this property.
  • Convenient and Prestigious Lifestyle: This property offers a luxurious lifestyle in one of New York's most prestigious locations, with the convenience of full-service amenities and close proximity to the city's premier attractions.

Description

Luxury Living at the Legendary Sherry Netherland

Discover urban elegance in this exquisite two bedroom apartment at the prestigious Sherry Netherland. Central Park is moments from your front door in a building with great amenities and unsurpassed hotel services.

Open the door to a sweeping entrance gallery that leads in to the open-concept living and elevated dining area that is perfect for entertaining. These rooms feature elegant finishes, hardwood flooring throughout and built-in wet bar.

Best of all you are greeted with the iconic views of Fifth Avenue and Central Park through North and East exposures. Right off the dining area is your private terrace which also faces south along the famed Fifth Avenue.

The primary suite is just off the Living Area and offers a serene retreat with an en-suite bathroom complete with a soaking tub, double vanity, and designer fixtures. The apartment also has a second bedroom which is currently configured as a library/office with an additional bathroom.

Built in 1927 the landmarked full-service Sherry Netherland sits at the epicenter of the city, moments from Central Park, upscale restaurants, shopping and other premier attractions. The lifestyle is further elevated by its dramatic lobby featuring a recently restored ceiling mural based on Raphael’s frescoes at the Vatican Palace and white-glove amenities including a 24-hour doorman, concierge, and attended elevators. Residents may enjoy hotel services as well such as daily maid service (included in your monthlies), an onsite fitness center, hair salon, and valet parking.

Pied-e-terre, pets, and 50% percent financing is allowed. Owners are offered a 20% discount at Harry Cipriani restaurant. There is a flip tax of 2% of the purchase price payable by the purchaser.

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Apartment Amenities

  • City View
Listing courtesy of Corcoran Group

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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