781 Fifth Avenue #614, New York City, NY 10022
Listing Courtesy of Sothebys International Realty
$950,000
Potential Rebate: $14,250
Overview
The Best Value on Fifth Avenue. An amazing opportunity to own a 3 Bed/3 Bath+Adjacent Staff Room w/Bath multi-unit contiguous Hotel-Pool Compound in The Sherry-Netherland Hotel.
With light renovation one can move in and enjoy the space, pampered service and location in a prestigious pre-war cooperative on the Plaza at 59th & 5th Avenue facing Central Park. Or, bring your architect and accountant to reimagine this +/- 1,950 sq.ft. into the ultimate live/work/investment at the legendary Sherry-Netherland Hotel. All three units (2 Studio apartments and 1 One-bedroom are in the hotel rental pool and may be rented individually or combined. The rare contiguous Staff Room, with full windowed bath, may be combined, sold, or remain with separate entrance and used for Owner’s office, storage or staff.
High ceiling ranging from 9 to 9.7 feet. Quiet, North and East, courtyard-facing windows with good natural light.
The Sherry’s full hotel services include daily housekeeping with evening turn-down service, 24-hour doorman, concierge, elevator attendant, fitness center and room service from Harry Cipriani. Note: All Utilities included in the monthly maintenance. Please note there is an assessment of $1,418.39/month and a 2% flip tax paid by the purchaser.
The building is pet friendly and allows 50% financing. Unique among cooperatives; Foreign Buyers, and LLCs permitted with board approval.
Home Features
- •Common Area
- •Laundry Room
- •Entrance Foyer
- •Dishwasher
Estimated Monthly Payment
$19,409 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$14,250
Monthly savings impact
$40/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Listings
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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Sothebys International Realty
Data Source: TRESTLE #RLS10958304
Price Analysis
Compare average listing prices and value metrics for Sherry Netherland against the surrounding Lenox Hill market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
54.21% Higher
than the Lenox Hill price average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Lenox Hill.
Lenox Hill
Overview of Lenox Hill
Lenox Hill is the medical and residential heart of the UES. It is classic and clean. For buyers seeking Lenox Hill Manhattan real estate, it offers stability.
Living in Lenox Hill is polished. As a Manhattan NYC neighborhood, it is established.
Real Estate & Housing Market
The market for homes for sale in Lenox Hill includes white-glove co-ops.
Lifestyle & Community
The lifestyle in Lenox Hill is refined.
Transportation & Accessibility
Lenox Hill is served by the 6 and Q trains.
Parks, Schools & Amenities
Central Park is the western border.
Amenities: Luxury shopping on Madison Ave.
Who This Neighborhood Is Best For
Lenox Hill is best for doctors and established families.
