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The Sherry Netherland, 781 Fifth Avenue, #701

$3,800,000 | 2 beds, 3 baths
Building Profile  | 
199 days on Market

Key Details

  • Listed: Apr 29, 2024
    Last Price Change: ($1,000,000) on Aug 23
    Days on Market: 199
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 329 times
Monthly Maintenance: $17,532
Est. Monthly Mortgage: $20,062
Total Est. Monthly Carrying Cost: $37,594
Note: the above is based on a down payment of 20% ($760,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This prestigious property is located on Fifth Avenue and 59th Street, offering stunning views of Central Park. It is situated in the heart of Manhattan, surrounded by the city’s finest dining, shopping, and cultural attractions.
  • High-End Design: The property boasts high ceilings, well-appointed rooms, and high-end renovations by world-renowned designer Sig Bergamin. Features include a large marble entrance gallery, Herringbone pattern floors, windowed kitchen, marble baths with Waterworks fixtures, Lutron Lighting, automated black out and solar shades, built-in sound system, built-in screen and projector in the living room, and a washer/dryer.
  • Unparalleled Services: The building offers unparalleled services including Harry Cipriani restaurant and room service, 24-hour doorman, concierge, elevator attendant, daily housekeeping with evening turndown, a fitness center, beauty salon, barber Shop, and valet parking. Residents may also enjoy hotel services, including daily maid service, an on-site fitness center, hair salon, valet parking, and room service available from Harry Cipriani.
  • Flexible Ownership: The property can be purchased in the name of an LLC or Trust with board approval. It is also pet-friendly.
  • Iconic Building: The building is a full-service white-glove cooperative with 24-hour doorman, concierge, and attended elevators. It is a landmarked Neo-Gothic cooperative that has hosted famous residents such as Howard Hughes, Diana Ross, Francis Ford Coppola, Jim Henson, and Judge Judy.
  • Artistic Heritage: The building features a recently restored ceiling mural in the lobby based on Raphael's frescoes at the Vatican Palace, adding to its rich historical and artistic heritage.

Description

This exquisite 2 Bedroom, 2 ½ bathroom residence, located in the prestigious Sherry Netherland on Fifth Avenue and 59th Street offers glorious views of Central Park. The home features high ceilings throughout and enjoys gracious and well-appointed rooms. The apartment is in impeccable condition with high end renovations and interior design done by world famous designer Sig Bergamin.

It provides a perfect balance between grandeur and comfort, making it an ideal primary residence or a perfect pied-a- terre. The home features a large marble entrance gallery, Herringbone pattern floors in living room, windowed kitchen, marble baths with Waterworks fixtures, Lutron Lighting, automated black out and solar shades, built-in sound system through-out, built-in screen and projector in the living room, closets galore, and a washer/dryer complete this splendid apartment. Situated in the heart of Manhattan, the Sherry Netherland is surrounded by the city’s finest dining, shopping and cultural attractions, offering quintessential New York living. The building is renowned for its unparalleled services which include Harry Cipriani restaurant and room service, 24-hour doorman, concierge, elevator attendant, daily housekeeping with evening turndown,a fitness center, beauty salon, barber Shop and valet parking.

Can be purchased in the name of an LLC or Trust with board approval. 50% financing permitted. Pet friendly. Current monthly assessment of $1,719.85 through September 2027. Flip Tax of 2% is paid by the buyer.

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Listing courtesy of Sothebys International Realty

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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