by RH Advisors

Check Availability
$5,875,000
Co-op - For Sale

781 Fifth Avenue #505

Manhattan, NY 10022
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
$53,260
Estimated Monthly
$24,412
HOA / Fees
-3.15%
Cap Rate

About This Property

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.
Unit Size
-
Days on Market
480 days
Land Size
0.29 acres
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$24,412
Year Built
1927
Listed By
Leslie Modell
Sothebys International Realty
Last updated: 2 months ago (RLS #PRCH-3976939)

Price History

Date / Event Date Event Price
Mar 26, 2024 Relisted $5,875,000
Relisted
Mar 15, 2024 No longer available -
No longer available
Jan 31, 2024 Price Decreased $5,875,000
↓ $820K (12.3%)
Price Decreased
Nov 28, 2023 Price Decreased $6,695,000
↓ $955K (12.5%)
Price Decreased
Sep 7, 2023 Relisted $7,650,000
Relisted
Show More

Property Highlights

Doorman
Elevator
Garage
Air Conditioning
Interior Details

Bedroom Information

Bedrooms: 3

Bathroom Information

Full Bathrooms: 3
Half Bathrooms: 1

Interior Information

Interior Features: Entrance Foyer, Elevator, Galley Kitchen, Storage
Appliances: Dishwasher

Room Information

Laundry Features: Common On Floor, Common Area, Laundry Room, In Unit
Rooms: 9
Exterior Details

Property Information

Year Built: 1927

Building Information

Building Name: Sherry Netherland
Pets Allowed: Building Yes, Yes

Lot Information

Lot Size Dimensions: 100.0 x 125.0

Land Information

Tax Lot: 0001
Tax Block: 01374

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Co-op
3 Beds
4 Baths
-
$6,000,000 Dec 3, 2012
$6,000,000 Nov 4, 2015
$3,833/mo
Co-op
3 Beds
3 Baths
3,300 ft²
$1,515/ft²
$4,999,000 Jan 20, 2022
$4,999,000 Jan 11, 2023
$5,518/mo
Co-op
3 Beds
4 Baths
-
$5,400,000 Aug 14, 2020
$5,400,000 Dec 11, 2020
$7,100/mo
Condo
3 Beds
2 Baths
2,016 ft²
$2,728/ft²
$5,500,000 Oct 12, 2015
$5,500,000 Dec 21, 2015
$6,075/mo
Co-op
3 Beds
4 Baths
-
$5,250,000 Sep 29, 2020
$5,250,000 Dec 13, 2021
$11,096/mo
Condo
3 Beds
3 Baths
3,130 ft²
$2,173/ft²
$6,800,000 Sep 5, 2012
$6,800,000 Dec 20, 2013
$6,478/mo
Condo
3 Beds
4 Baths
2,940 ft²
$2,024/ft²
$5,950,000 Mar 5, 2024
-
$10,347/mo
Co-op
3 Beds
4 Baths
2,391 ft²
$2,405/ft²
$5,750,000 Jan 31, 2024
-
$9,127/mo
Condo
3 Beds
4 Baths
2,525 ft²
$2,376/ft²
$6,000,000 Apr 2, 2024
-
$6,786/mo
Condo
3 Beds
4 Baths
3,525 ft²
$1,844/ft²
$6,500,000 Jan 11, 2023
-
$11,407/mo
Condo
3 Beds
3 Baths
2,261 ft²
$2,430/ft²
$5,495,000 Oct 16, 2023
-
$10,124/mo
Condo
3 Beds
3 Baths
2,950 ft²
$1,780/ft²
$5,250,000 Oct 5, 2023
-
$14,472/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230912 Unit 901904
09/12/2023
3 Bed
4 Bath
-
$3,995,000
bedrooms
3 Bed
bathrooms
4 Bath
$3,450,000 -13.64%
02/15/2024
-
Monica Podell
Halstead Property, LLC
20230908 Unit 315
09/08/2023
315
Studio
1 Bath
350 ft²
$385,000
bedrooms
Studio
bathrooms
1 Bath
square feet
350 ft²
$377,500 -1.95%
01/04/2024
Stan Ponte
Sothebys International Realty
20230515 Unit 1911
05/15/2023
2 Bed
2 Bath
-
$1,895,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Ryan Serhant
SERHANT.
20221208 Unit 27
12/08/2022
27
2 Bed
2 Bath
-
$12,000,000
bedrooms
2 Bed
bathrooms
2 Bath
$9,350,000 -22.08%
06/27/2023
-
Nikki Field
Sothebys International Realty
20220414 Unit 29T
04/14/2022
29T
2 Bed
4 Bath
-
$10,000,000
bedrooms
2 Bed
bathrooms
4 Bath
$9,125,000 -8.75%
10/03/2022
Kimberlee Knecht
Douglas Elliman Real Estate
20210310 Unit 2804
03/10/2021
2 Bed
2 Bath
-
$2,950,000
bedrooms
2 Bed
bathrooms
2 Bath
$1,500,000 -49.15%
06/15/2023
-
Tracie Golding
Compass
20210106 Unit 1104
01/06/2021
2 Bed
3 Bath
-
$9,950,000
bedrooms
2 Bed
bathrooms
3 Bath
$8,000,000 -19.60%
05/05/2021
Craig George
Sothebys International Realty
20201218 Unit 1611
12/18/2020
1 Bed
1 Bath
-
$650,000
bedrooms
1 Bed
bathrooms
1 Bath
$640,000 -1.54%
01/28/2022
-
Brigitte Goldenberg
Sotheby's International Realty, Inc.
20201016 Unit 2307
10/16/2020
1 Bed
2 Bath
-
$2,600,000
bedrooms
1 Bed
bathrooms
2 Bath
$1,600,000 -38.46%
07/26/2023
-
Marcia Roma
Fox Residential Group Inc
20200228 Unit 916
02/28/2020
916
Studio
1 Bath
-
$570,000
bedrooms
Studio
bathrooms
1 Bath
-
-
-
Christina Maldonado
Keller Williams - Fort Lee
20200224 Unit FULLFLOOR
02/24/2020
5 Bed
7 Bath
9000 ft²
$22,000,000
bedrooms
5 Bed
bathrooms
7 Bath
square feet
9000 ft²
$22,000,000
03/03/2021
-
Sabrina Saltiel
Prudential Douglas Elliman Real Estate
20190430 Unit 2301
04/30/2019
2 Bed
2 Bath
-
$5,000,000
bedrooms
2 Bed
bathrooms
2 Bath
$5,000,000
05/06/2019
Elizabeth Sample
Sothebys International Realty
20181130 Unit 1901
11/30/2018
2 Bed
3 Bath
-
$5,400,000
bedrooms
2 Bed
bathrooms
3 Bath
$4,500,000 -16.67%
01/21/2020
-
Serena Boardman
Sotheby's International Realty, Inc.
20181029 Unit 1111
10/29/2018
1 Bed
2 Bath
1010 ft²
$1,725,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
1010 ft²
$1,400,000 -18.84%
04/13/2020
-
Tara Burns
Triplemint
20180914 Unit 32
09/14/2018
32
2 Bed
3 Bath
-
$12,000,000
bedrooms
2 Bed
bathrooms
3 Bath
$11,000,000 -8.33%
01/31/2019
Serena Boardman
Sothebys International Realty
20180709 Unit 30T
07/09/2018
30T
2 Bed
4 Bath
-
$12,500,000
bedrooms
2 Bed
bathrooms
4 Bath
$11,100,000 -11.20%
11/06/2018
-
Alexander Boriskin
Prudential Douglas Elliman Real Estate
20171023 Unit 1205
10/23/2017
1 Bed
2 Bath
-
$4,550,000
bedrooms
1 Bed
bathrooms
2 Bath
$4,450,000 -2.20%
02/20/2018
Daniela Kunen
Douglas Elliman Real Estate
20170929 Unit 811
09/29/2017
811
1 Bed
1 Bath
-
$700,000
bedrooms
1 Bed
bathrooms
1 Bath
$715,000 +2.14%
11/10/2021
-
Daniela Kunen
Prudential Douglas Elliman Real Estate
20170808 Unit FULLFLOOR
08/08/2017
5 Bed
6.5 Bath
9000 ft²
$32,000,000
bedrooms
5 Bed
bathrooms
6.5 Bath
square feet
9000 ft²
-
-
-
Sabrina Saltiel
Prudential Douglas Elliman Real Estate
20160919 Unit 11141516
09/19/2016
3 Bed
3 Bath
-
$3,500,000
bedrooms
3 Bed
bathrooms
3 Bath
$2,750,000 -21.43%
12/02/2019
-
Bonnie Goldner
Brown Harris Stevens
20160509 Unit 32
05/09/2016
32
2 Bed
3.5 Bath
2500 ft²
$15,000,000
bedrooms
2 Bed
bathrooms
3.5 Bath
square feet
2500 ft²
-
-
-
Betsy Green
Prudential Douglas Elliman Real Estate
20160509 Unit 32FL
05/09/2016
2 Bed
3.5 Bath
-
$15,000,000
bedrooms
2 Bed
bathrooms
3.5 Bath
-
-
-
Betsy Green
Prudential Douglas Elliman Real Estate
20160422 Unit 1211
04/22/2016
1 Bed
1 Bath
1010 ft²
$999,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1010 ft²
-
-
-
Lauren Kronenfeld
Douglas Elliman Real Estate
20160420 Unit 1111
04/20/2016
1 Bed
2 Bath
-
$2,495,000
bedrooms
1 Bed
bathrooms
2 Bath
-
-
-
Marcy Grau
Compass
20160310 Unit 30FL
03/10/2016
2 Bed
4 Bath
2500 ft²
$14,950,000
bedrooms
2 Bed
bathrooms
4 Bath
square feet
2500 ft²
$8,910,000 -40.40%
04/26/2017
-
Matthew Slosar
The Corcoran Group
20160226 Unit 911
02/26/2016
911
1 Bed
1 Bath
-
$1,290,000
bedrooms
1 Bed
bathrooms
1 Bath
$1,072,500 -16.86%
07/13/2016
Charlotte VanDoren
Stribling & Associates Ltd
20151129 Unit FULLFLOOR
11/29/2015
5 Bed
6.5 Bath
9000 ft²
$42,500,000
bedrooms
5 Bed
bathrooms
6.5 Bath
square feet
9000 ft²
-
-
-
Sabrina Saltiel
Prudential Douglas Elliman Real Estate
20151027 Unit 501
10/27/2015
501
2 Bed
3 Bath
-
$3,650,000
bedrooms
2 Bed
bathrooms
3 Bath
$3,650,000
03/17/2016
Frances Katzen
Douglas Elliman Real Estate
20151005 Unit 2109
10/05/2015
1 Bed
1 Bath
-
$1,995,000
bedrooms
1 Bed
bathrooms
1 Bath
-
09/28/2016
Sallie Stern
Brown Harris Stevens Residential Sales LLC
20150706 Unit 911
07/06/2015
911
1 Bed
1 Bath
-
$1,350,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Charles Curkin
Elliman
20150609 Unit 11O1
06/09/2015
2 Bed
2 Bath
-
$3,800,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Michael Lorber
Prudential Douglas Elliman Real Estate
20150501 Unit 1004050709
05/01/2015
4 Bed
4 Bath
3826 ft²
$14,950,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
3826 ft²
$10,000,000 -33.11%
08/23/2016
-
Sabrina Saltiel
Prudential Douglas Elliman Real Estate
20150410 Unit 2107
04/10/2015
1 Bed
1 Bath
-
$1,250,000
bedrooms
1 Bed
bathrooms
1 Bath
$1,100,000 -12.00%
12/16/2015
Randall Gianopulos
Sothebys International Realty
20150203 Unit 1514
02/03/2015
2 Bed
2 Bath
-
$2,700,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Lauren Muss
Prudential Douglas Elliman Real Estate
20150108 Unit 2109
01/08/2015
1 Bed
1 Bath
-
$1,995,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Sallie Stern
Brown Harris Stevens
20141222 Unit 11141116
12/22/2014
3 Bed
3 Bath
-
$3,575,000
bedrooms
3 Bed
bathrooms
3 Bath
-
-
-
Bonnie Goldner
Brown Harris Stevens
20141024 Unit 501
10/24/2014
501
2 Bed
2.5 Bath
-
$4,400,000
bedrooms
2 Bed
bathrooms
2.5 Bath
-
-
-
Erin Boisson Aries
Douglas Elliman Real Estate
20141016 Unit 18THFLOOR
10/16/2014
7 Bed
8 Bath
-
$85,000,000
bedrooms
7 Bed
bathrooms
8 Bath
-
-
-
Serena Boardman
Sotheby's International Realty, Inc.
20141008 Unit 914
10/08/2014
914
1 Bed
1 Bath
870 ft²
$1,095,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
870 ft²
$805,000 -26.48%
12/22/2015
-
Toni Haber
Compass
20140912 Unit 2111
09/12/2014
2 Bed
2 Bath
-
$2,995,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
John Stathis
Douglas Elliman Real Estate
20140908 Unit 2101
09/08/2014
2 Bed
3 Bath
1900 ft²
$4,500,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1900 ft²
$4,500,000
06/02/2015
Elizabeth A Geraghty
The Corcoran Group
20140423 Unit 5THFL
04/23/2014
2 Bed
2.5 Bath
2055 ft²
$4,400,000
bedrooms
2 Bed
bathrooms
2.5 Bath
square feet
2055 ft²
-
-
-
Sarah R Williams
Elliman
20140227 Unit 1514
02/27/2014
2 Bed
2 Bath
-
$3,490,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Catherine Godbille-Koechlin
Elliman
20140205 Unit 2107
02/05/2014
1 Bed
1 Bath
-
$1,475,000
bedrooms
1 Bed
bathrooms
1 Bath
$1,100,000 -25.42%
12/16/2015
-
Nancy Candib
Brown Harris Stevens Residential Sales LLC
20130627 Unit 1001
06/27/2013
2 Bed
3 Bath
2050 ft²
$5,295,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2050 ft²
$4,700,000 -11.24%
12/16/2013
Yehiel Tirosh
Douglas Elliman Real Estate
20130917 Unit 1111
09/17/2013
1 Bed
2 Bath
-
$2,750,000
bedrooms
1 Bed
bathrooms
2 Bath
-
-
-
Marcy Grau
Compass
20130912 Unit 2111
09/12/2013
2 Bed
2 Bath
-
$3,350,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
John Stathis
Douglas Elliman Real Estate
20130827 Unit 1701
08/27/2013
1 Bed
2 Bath
-
$6,650,000
bedrooms
1 Bed
bathrooms
2 Bath
$6,650,000
02/05/2021
-
I. Dolly
Douglas Elliman Real Estate
20130404 Unit 2011
04/04/2013
3 Bed
3 Bath
-
$3,195,000
bedrooms
3 Bed
bathrooms
3 Bath
$3,195,000
02/05/2021
-
KOUROSH EYNALHORI
Platinum Properties
20130205 Unit 2107
02/05/2013
1 Bed
1 Bath
-
$1,695,000
bedrooms
1 Bed
bathrooms
1 Bath
$1,475,000 -12.98%
02/05/2014
-
Nancy Candib
Brown Harris Stevens Residential Sales LLC
20121220 Unit 905
12/20/2012
905
3 Bed
3 Bath
-
$9,500,000
bedrooms
3 Bed
bathrooms
3 Bath
-
-
-
Serena Boardman
Sotheby's International Realty, Inc.
20121002 Unit 16011604
10/02/2012
5 Bed
5 Bath
-
$22,500,000
bedrooms
5 Bed
bathrooms
5 Bath
-
-
-
John Burger
Brown Harris Stevens
20120921 Unit 18FL
09/21/2012
7 Bed
8 Bath
-
$95,000,000
bedrooms
7 Bed
bathrooms
8 Bath
-
-
-
Kathleen Sloane
Brown Harris Stevens Residential Sales LLC
20120727 Unit 1101
07/27/2012
2 Bed
2 Bath
-
$4,900,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Michael Lorber
Prudential Douglas Elliman Real Estate
20120726 Unit 501
07/26/2012
501
2 Bed
2.5 Bath
-
$5,595,000
bedrooms
2 Bed
bathrooms
2.5 Bath
-
-
-
Carl Adams
Brown Harris Stevens
20120713 Unit 801
07/13/2012
801
2 Bed
3 Bath
-
$6,450,000
bedrooms
2 Bed
bathrooms
3 Bath
-
-
-
Nancy Elias
Brown Harris Stevens Residential Sales LLC
20120529 Unit 911
05/29/2012
911
1 Bed
1 Bath
-
$1,950,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Craig Dix
Berkshire Hathaway HomeServices New York Properties
20120126 Unit 2201
01/26/2012
2 Bed
2 Bath
-
$5,200,000
bedrooms
2 Bed
bathrooms
2 Bath
$5,025,000 -3.37%
06/26/2012
Nancy Candib
Brown Harris Stevens Residential Sales LLC
20111107 Unit 1909
11/07/2011
1 Bed
1 Bath
-
$2,750,000
bedrooms
1 Bed
bathrooms
1 Bath
$2,100,000 -23.64%
02/05/2021
-
Stan Ponte
Sothebys International Realty
20110519 Unit 16011604
05/19/2011
5 Bed
7 Bath
-
$22,500,000
bedrooms
5 Bed
bathrooms
7 Bath
$10,000,000 -55.56%
02/05/2021
-
Serena Boardman
Sotheby's International Realty, Inc.
20090307 Unit 35T
03/07/2009
35T
2 Bed
2.5 Bath
-
$9,450,000
bedrooms
2 Bed
bathrooms
2.5 Bath
$7,750,000 -17.99%
12/17/2009
Ami Schulman
Ami Schulman
20080611 Unit 1604
06/11/2008
3 Bed
3.5 Bath
-
$12,500,000
bedrooms
3 Bed
bathrooms
3.5 Bath
$10,000,000 -20.00%
09/16/2008
Nancy Elias
Brown Harris Stevens Residential Sales LLC
20040216 Unit 2109
02/16/2004
1 Bed
1 Bath
-
$1,650,000
bedrooms
1 Bed
bathrooms
1 Bath
$995,000 -39.70%
02/05/2021
-
John Burger
Brown Harris Stevens

Building Info

Sherry Netherland 781 5th Avenue, New York, NY 10022
  • 175 Units
  • 3 Units for Sale
More about this Building
781 5th Avenue
Want to find out who owns 781 5th Avenue, New York, NY 10022? Get detailed property transactions here .

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