781 Fifth Avenue
Exceptional value to own a studio apartment within The Sherry-Netherland hotel. This apartment is currently set up as two rooms and would require a renovation to re-enter the Hotel Rental Pool. However, for usage by owner it may work very well as-is.
This apartment can be combined with Studio 616 on one side and/or One-Bedroom 614 on the other.
High ceiling ranging from 9 to 9.7 feet. Quiet, 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. Please note, there is an assessment of $367.73/month until September 2027 and a one-time, special assessment of $18,550 due on December 31, 2026. There is a 2% flip tax paid by the purchaser. All Utilities included in the monthly maintenance.
The building is pet friendly and allows 50% financing. Unique among cooperatives; Foreign Buyers, Trusts and LLCs permitted with board approval.
