781 Fifth Avenue
Excellent Studio Value at The Sherry-Netherland
Great studio apartment awaiting its next chapter. As part of the Hotel Rental Pool, with minor upgrades can be a working asset when not owner occupied. To note, there is no current rental history.
High ceiling ranging from 9 to 9.7 feet. Quiet, courtyard-East 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 $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.
The building is pet friendly and allows 50% financing. Unique among cooperatives; Foreign Buyers, Trusts and LLCs permitted with board approval.
