781 Fifth Avenue # 505 Manhattan, NY $ 5,295,000
781 Fifth Avenue # 505
$ 5,295,000
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781 Fifth Avenue # 505

Manhattan, NY, 10022
$ 5,295,000
Bedrooms3 Baths3.1 Sq 314,509

Monthly Estimate*

$ 31,712

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Co-Op for sale in Manhattan, NY

for $5,295,000 with 3 bedrooms and 3 full baths, 1 half bath. This 314,509 square foot home was built in 1927.

Experience quintessential New York City living at its best in a spectacular 3 bedroom, 3 and a half bathroom jewel in one of Manhattan’s most iconic skyscrapers. The true essence of old NY is impeccably reimagined and perfectly epitomized in this glamorous Upper East Side home at the exclusive Sherry Netherland, a preeminent residential hotel moments from Central Park. Graciously-proportioned #505 was meticulously designed by the famed Jeffrey Bradfield, named a Dean of American Design by Architectural Digest and a Top Ten Designer by The Robb Report. Every exquisite, custom-made detail in this pristine-condition residence is rare and impressive, and reminiscent of another refined era. Superlative elements abound throughout representing an unparalleled quality of craftsmanship, from elegant coffered and tray ceilings to rich woods and intricate marble floors, magnificent moldings, custom millwork doors, a stately marble fireplace mantle, high-end lighting, to premium Bullet brackets and hardware adorning all cabinets and doors. Topping the allure are the breathtaking views of Central Park, Fifth Avenue, landmark architecture and Manhattan skyline, enjoyed from oversized windows lining the entire southern and western sides of the sun-bathed apartment. Another very special attraction is the separate 137 sq ft windowed storage unit on same that comes with the apartment and has its own full bathroom. Enter the generous stunning central gallery with gorgeous marble floors, a beautiful domed ceiling, large closet and upscale powder room. While proceeding to the dramatic entertaining space, fabulous hidden folding doors, which appear as part of the paneling, can be extended to close off the gallery and living area for privacy if desired. The expansive southwest corner living room affords an ideal backdrop for entertaining. Adjoining via pocket doors is a formal dining room featuring tasteful built-ins for fine china, and dark herringbone-pattern wood floors. Across the hall is a modern kitchen styled with sleek white cabinetry and countertops, and top-of-the-line appliances for the chef. At right is extensive built-in storage, and a convenient washer-dryer. The huge primary bedroom suite is phenomenal, offering walls of closets, arched mirrored display niches, a sitting area, and luxurious spa bath with a deep soaking tub and separate shower. Beyond is an ultra-luxurious dressing room wrapped in floor-to-ceiling mirrored closets, with an additional walk-in closet, marble-top storage island, and makeup vanity. This room was originally the 3rd bedroom and can easily be converted back as it comes with a lovely full bath. Across the home is the 3rd bedroom suite with a wall of mirrored closets and full bath, which makes a comfortable den or office as well. Built in 1927 as a world-class hotel and converted to a cooperative in 1954, the landmarked Sherry Netherland sits at the epicenter of Manhattan, moments from Central Park, The Plaza, Pierre, premier shops, restaurants and other attractions. Elevating the lifestyle is its work-of-art lobby adorned with a restored ceiling mural based on Raphael's frescoes at the Vatican Palace, and white-glove services/amenities including a 24-hour doorman, concierge, and attended elevators. Residents may partake in hotel services as well such as daily maid service, an onsite fitness center, hair salon, and valet parking. Pied-a-terres are allowed. The current monthly maintenance for 505 is $22,714.17 and the maid’s room 519 is $1,170.83. The total monthly assessment for 505 and 519 is $2,679.18 thru 9/1/2027. The maintenance will be increased as of 1/1/2023 to $302 per share which will make the monthly maintenance $24,411.67 for 505 and $1,258.33 for 519. The assessment remains the same.

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Co-Op Active

Price

$ 5,295,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Co-Op

Taxes

$ 0

Style

Prewar

Year Built

1927

Town/City

Manhattan

County/Region

New York

MLS | Web ID

PRCH3976939

Features
General
Interior Features EntranceFoyer Elevator GalleyKitchen Storage
Cooling CentralAir
Appliances Dishwasher
HOA 24412.0
Garage Spaces 0.0
Architectural Style Prewar
Pets Allowed BuildingYes Yes
Year Built 1927
View ParkGreenbelt
Unit Number 505
Property SubType Apartment
Building Name Sherry Netherland
Assoc Fee Paid Per Monthly
County NewYork
New Construction No
Property Type Residential
Subdivision Name Lenox Hill
Garage Y/N No
Total Rooms 9
City NewYorkCity
View Y/N Yes
NumberOfUnitsTotal 169
Lot Size Units SquareFeet
Tax Annual Amount 0.0
Virtual Tour https://youtu.be/SFqPHVokWrk
Structure Type HighRise
Living Area Units SquareFeet
Standard Status Active
Tax Lot 0001
Property Sub Type Additional Apartment
Expected Active Date 2023-01-04
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Interior
Furnished Y/N Unfurnished
Total Stories 38
Air Conditioning Y/N Yes
Fireplace Y/N No
Full Baths 3
Half Baths 1
Laundry Features CommonOnFloor CommonArea LaundryRoom InUnit
Total Bedrooms 3
Entry Level 5
Total Baths 4
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Exterior
Lot Size Area 12500.0
Building Area Total 314509.0
Lot Dimensions 100.0 x 125.0
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* Excluded Features
List By
Leslie Modell

Listing Agent

Sothebys International Realty

Broker

(212) 606-7668

Phone

Affordability Calculator

$31,712
Per Month
100%
0%
0%
Monthly Principal & Interest
$31,712
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1503813 Elementary School
1503814 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/17/2024$5,295,000 -9.87% Price Down
1/31/2024$5,875,000 -12.25% Price Down
11/28/2023$6,695,000 -12.48% Price Down
9/7/2023$7,650,000 -14.00% Price Down
1/4/2023$8,895,000 Listed Price

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781 Fifth Avenue # 505, Manhattan, NY, 10022 is a Co-Op for sale at $5,295,000 with 314,509 sqft. 781 Fifth Avenue # 505 has 3 bedrooms, 3.1 baths, and was built in 1927. The property's zip code is 10022 which is in Manhattan, NY