$5,295,000
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781 5th Ave Unit 505 New York, NY 10022
Apartment
Residence
3
Beds
4
Baths
314,509
Sq. Ft.
Property Activity
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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 Sherr...y 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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MLS#
PRCH-3976939
Property Type
Apartment
Bedrooms
3
Bathrooms
3 Full/1 Half
Year Built
1927
HOA Fee
$24,412
Monthly
Square Feet
314,509
sq. ft
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