--- title: "781 5th Avenue #1511, New York City, NY 10022" description: "781 5th Avenue #1511, New York City, NY 10022 — Lenox Hill, New York City, NY. Listing Price $1,650,000. 1 bed, 2 bath Illustrative Buyer Commission Share of $24,750 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/781-5th-avenue-1511-ny-10022" source: "Real Estate Rebate Team" status: "Active" --- # 781 5th Avenue #1511, New York City, NY 10022 Lenox Hill, New York City, NY Courtesy of Sothebys International Realty ## At a Glance - **Listing Price**: $1,650,000 - **Beds**: 1 - **Total Baths**: 2 - **Common Charges**: $11,233 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $1,650,000 - **Illustrative Buyer Commission Share**: -$24,750* - **Illustrative Net Cost**: $1,625,250 *Illustrative Buyer Savings of $24,750 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![781 5th Avenue #1511, New York City, NY 10022 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3c38128e-12bc-4127-b6f1-fd5109f27895.jpg) ![781 5th Avenue #1511, New York City, NY 10022 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/16a731cc-f2df-4250-b8c0-2a53276ac2f8.jpg) ![781 5th Avenue #1511, New York City, NY 10022 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/22e0a0e1-f2c6-4d1c-9814-2cec726739e7.jpg) ![781 5th Avenue #1511, New York City, NY 10022 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/be6fa4e7-afbd-4153-a321-d03a1d127171.jpg) ![781 5th Avenue #1511, New York City, NY 10022 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/29a16eee-920d-4647-aed4-1979ba98d66a.jpg) ![781 5th Avenue #1511, New York City, NY 10022 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/93c1669b-e8f4-4833-b324-600b8c3d464a.jpg) ![781 5th Avenue #1511, New York City, NY 10022 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/148c3950-4b3a-4e9a-99c6-c96bcc0afa1f.jpg) ![781 5th Avenue #1511, New York City, NY 10022 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/17c53653-512e-4362-a735-6457b2cb2f6d.jpg) ![781 5th Avenue #1511, New York City, NY 10022 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6dd4a109-c67d-429b-8e0c-8703857abd74.jpg) ![781 5th Avenue #1511, New York City, NY 10022 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3eb34b3a-0d3d-43d1-a7aa-921f1f96a535.jpg) ## Property Overview A rare opportunity to own a fully gut-renovated one-bedroom residence at one of Fifth Avenue’s most storied addresses renovated by AD 100 designer Juan Montoya. Wrapping the southeast corner of the 15th floor, Apartment 1511 captures an extraordinary panorama: the living room commands dual exposures south and east, framing views of Midtown’s skyline, the Plaza Hotel, and Grand Army Plaza below, while the generously proportioned bedroom faces south over the city’s glittering roofscape. At the center of the apartment is the gracious Living and Dining room . The deep blue patterned wallcovering creates a cozy, sophisticated backdrop for the city views, that pour in from multiple oversized windows. Dark stained herringbone hardwood floors ground the space while crisp white plaster crown moldings and soaring 10-foot ceilings lend classical counterpoint. The dining area flows seamlessly into the living zone. Throughout the apartment, Montoya’s signature materiality announces itself in the richly figured macassar ebony doors , monumental in scale, articulated in hand-laid mosaic panels, that elegantly connect the living room to the bedroom suite while adding architectural character. The Primary Suite is both sophisticated and inviting, with pale champagne grasscloth walls, a floor-to-ceiling upholstered leather headboard, rich dark floors, and beautiful south-facing light streaming over the Manhattan skyline. The ensuite bath continues the high design standard with bold black-and-white harlequin marble floors, white marble walls accented by black inlay borders, and a dramatic nero marquina vanity counter with polished nickel fittings. A frameless glass-enclosed marble shower and full mirrored wall complete a bath of genuine luxury. The apartment is further appointed with a well-configured, windowed kitchen located just off the entry foyer, featuring top-of-the-line appliances and excellent functionality. A beautifully designed powder room completes the space, finished with a dark steel vanity, onyx vessel sink, and geometric black-and-white tile floors with inset detail. The Sherry Netherland Hotel is located at the corner of Fifth Avenue and 59th Street in the heart of Midtown. This central and sought after location is easily accessible to Central Park as well as Manhattan’s best restaurants, shops and museums. Services and amenities offered by this iconic white-glove prewar cooperative hotel include full concierge services, 24 hour doormen and elevator attendants, daily housekeeping and evening turndown services, valet parking, room service provided by Harry Cipriani, a fitness center, barber shop and beauty salon. There is a 2% flip tax charged to the buyer. Up to 50% financing is permitted. A monthly assessment of $2,022.52 is payable through August of 2027. ## Property Details - **Property Type**: Co-op - **Beds**: 1 - **Total Baths**: 2 - **Rooms**: 3 - **Stories**: 38 - **Year Built**: 1927 - **Common Charges**: $11,233 / Monthly - **Listed On**: May 29, 2026 - **Days on Market**: 107 Days ### Residence Features - Central Air - Common On Floor - Common Area - Laundry Room - Dishwasher - Hardwood - City ## Sales Evidence ### Recent closed sales 27 apartments at Sherry Netherland have recorded sales since September 2021, the most recent for $2,750,000 in June 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 505 (Apartment) | 3 | — | $2,750,000 | — | June 24, 2026 | MLS | | 2204 (Apartment) | 2 | 1,200 | $2,350,000 | $1,958/ft² | June 24, 2026 | City record · MLS | | 701 (Apartment) | 2 | 2,050 | $2,650,000 | $1,293/ft² | May 20, 2026 | MLS | | 1516 (Apartment) | — | — | $430,000 | — | March 9, 2026 | City record | | 1214 (Apartment) | 2 | — | $950,000 | — | February 11, 2026 | City record · MLS | | 2001 (Apartment) | 2 | — | $2,600,000 | — | November 12, 2025 | City record · MLS | | 514 (Apartment) | 1 | 919 | $500,000 | $544/ft² | November 5, 2025 | City record | | 1416 (Apartment) | — | — | $199,000 | — | October 14, 2025 | City record | | 2109 (Apartment) | — | — | $800,000 | — | July 23, 2025 | City record | | 407 (Apartment) | — | — | $775,000 | — | March 25, 2025 | City record | | 501 (Apartment) | 2 | — | $1,500,000 | — | October 21, 2024 | City record · MLS | | 1411 (Apartment) | 3 | — | $1,900,000 | — | August 19, 2024 | City record · MLS | | 411 (Apartment) | — | — | $850,000 | — | April 30, 2024 | City record | | 1516 (Apartment) | — | — | $370,000 | — | March 26, 2024 | City record | | 901/904 (Apartment) | 3 | — | $3,450,000 | — | January 8, 2024 | City record · MLS | | 315 (Apartment) | Studio | 350 | $377,500 | $1,079/ft² | January 4, 2024 | City record · MLS | | 35T (Apartment) | — | — | $9,500,000 | — | December 27, 2023 | City record | | 2307 (Apartment) | 1 | — | $1,600,000 | — | July 26, 2023 | City record · MLS | | 27T (Apartment) | 2 | — | $9,350,000 | — | June 27, 2023 | City record · MLS | | 2804 (Apartment) | 2 | — | $1,500,000 | — | June 15, 2023 | City record · MLS | | 313 (Apartment) | 1 | 890 | $550,000 | $618/ft² | November 16, 2022 | City record · MLS | | 29T (Apartment) | 2 | — | $9,125,000 | — | October 3, 2022 | City record · MLS | | 711 (Apartment) | — | — | $950,000 | — | April 26, 2022 | City record | | 911 (Apartment) | — | — | $550,000 | — | April 5, 2022 | City record | | 207 (Apartment) | — | — | $712,000 | — | February 9, 2022 | City record | | 1611 (Apartment) | 1 | — | $600,461 | — | January 25, 2022 | City record · MLS | | 811 (Apartment) | 1 | — | $715,000 | — | November 1, 2021 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable one-bedroom sales at Sherry Netherland is $600,461, based on 5 sales between November 2021 and November 2025. This home is asking $1,650,000, $1,049,539 above that median. The middle half of those sales closed between $550,000 and $715,000. - **Median closed price**: $600,461 - **Middle half**: $550,000 – $715,000 - **Based on**: 5 one-bedroom sales at Sherry Netherland - **Period**: November 2021 – November 2025 Square footage is recorded for only 2 of these 5 sales (40%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. Across the 3 of these sales with a published asking price, the median closed at 61.5% of what it originally asked. 100% of them closed below the original ask. ### How these sales were negotiated - **Sold vs original ask**: 61.5% of the original ask - **Closed below ask**: 100% of 3 sales - **Listed → in contract**: 346 days (about 49 weeks) - **In contract → closed**: 54 days (about 8 weeks) Across the 3 of these sales with a published asking price, the median closed at 61.5% of what it originally asked. 100% of them closed below the original ask. Half of these homes were in contract within 346 days (about 49 weeks) of coming to market, based on the 3 with a recorded listing date. Once a deal was agreed, closing took a further 54 days (about 8 weeks), based on the 3 with both dates recorded. A co-op board package and its interview account for much of that. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 5 one-bedroom sales at Sherry Netherland, November 2021 – November 2025. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for co-op one-bedroom sales in Lenox Hill, 2016 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2016 | $695,000 | 39 | | 2017 | $717,000 | 165 | | 2018 | $728,750 | 152 | | 2019 | $699,000 | 145 | | 2020 | $662,500 | 108 | | 2021 | $685,000 | 234 | | 2022 | $718,000 | 229 | | 2023 | $675,000 | 163 | | 2024 | $675,000 | 168 | | 2025 | $675,000 | 174 | | 2026 | $652,966 | 90 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Lenox Hill instead. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at Sherry Netherland](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/sherry-netherland) ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 169 apartments. The corporation’s 2026 property tax bill was $6,008,205 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for Sherry Netherland](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/sherry-netherland) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### Sherry Netherland Lenox Hill · Stock Cooperative 781 Fifth Avenue, New York, NY 10022 A building in Lenox Hill, currently featuring 7 active listings. - **Year Built**: 1928 - **Total Units**: 7 - **Floors**: 38 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/sherry-netherland) ### Available Residences — For Sale (7) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [1511](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/781-5th-avenue-1511-ny-10022) | 1 | 2 | — | — | $1,650,000 | Sothebys International Realty | May 29, 2026 | 106 days | | [1101](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/781-5th-avenue-1101-ny-10022) | 2 | 2 | — | — | $1,500,000 (-24.8%) | Douglas Elliman Real Estate | Sep 26, 2025 | 351 days | | [514](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/781-5th-avenue-514-ny-10022) | 1 | 1 | 919 sqft | $598 | $550,000 — In contract | Compass | Mar 31, 2025 | 530 days | | [18](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/781-5th-avenue-18-ny-10022) | 6 | 8 | — | — | $12,000,000 — In contract | Douglas Elliman Real Estate | Jun 4, 2025 | 465 days | | [17](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/781-5th-avenue-17-ny-10022) | 6 | 11 | — | — | $17,500,000 (-12.5%) | Compass | Jun 18, 2025 | 451 days | | [1909](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/781-5th-avenue-1909-ny-10022) | 1 | 1 | — | — | $750,000 (-16.7%) | Douglas Elliman Real Estate | May 19, 2026 | 116 days | | [1205](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10022/781-5th-avenue-1205-ny-10022) | 2 | 2 | 1,556 sqft | $1,607 | $2,500,000 | Douglas Elliman Real Estate | May 27, 2026 | 108 days | ## Estimated Monthly Payment **$19,576 / month**, assuming a 20% down payment ($330,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $8,343 - **Common Charges**: $11,233 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Lenox Hill Overview of Lenox Hill [Explore Lenox Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lenox-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Lenox Hill - [Inwood real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/inwood) ## Related Links - [Sherry Netherland — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/sherry-netherland) - [Lenox Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lenox-hill) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.