1 year on rocket

781 5th Ave Unit 505, New York City, NY, 10022

$5,875,000

3 Bedrooms
3 Full Baths, 1 Partial
Condo
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeStock Cooperative
Year Built1927
CoolingCentral Air
ViewPark
MLS #PRCH-3976939
StatusActive

About 781 5th Ave Unit 505

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 Sherry 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.

Property Details

Property Features

Property Information:

  • Architectural Style: Prewar
  • Year Built: 1927

Listing Office:

  • Office Name: Sothebys International Realty
  • Office Phone: (212) 606-7660
  • Listing Agent: Leslie Modell
  • Agent Phone: (212) 606-7668

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Interior: Entrance Foyer, Elevator, Galley Kitchen, Storage

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Park

Virtual/3D Tour

  • Virtual Tour: 781 5th Ave Unit 505

Virtual Tour

Utilities

Utilities Information:

  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,875,000

HOA Fees:

  • Amount: $24412
  • Frequency: Monthly
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

781 5th Ave Unit 505 vs New York

498 DAYS ON ROCKET

+402 Days

$5,875,000

+$5.0M More

KEY TAKEAWAY

This property is $5.0M more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #PRCH-3976939

Listing Office:

  • Office Name: Sothebys International Realty
  • Office Phone: (212) 606-7660
  • Listing Agent: Leslie Modell
  • Agent Phone: (212) 606-7668

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/17/2024, 4:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$53.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.6K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2557470
10
/10
  • East Side Elementray School-PS 267

  • 213 E 63rd St

  • 0.46 miles

  • Public District Grades PK-3

school-card-donut-2557471
9
/10
  • PS 59 Beekman Hill International

  • 231249 East 56th St

  • 0.49 miles

  • Public District Grades KG-5

school-card-donut-2557472
9
/10
  • PS 183 Robert L Stevenson

  • 419 E 66th St

  • 0.77 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $235,373. Most New York, NY residents have annual incomes $200k+. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 781 5th Ave Unit 505

What is the listing price of this property?

The listing price of 781 5th Ave Unit 505 property is $5,875,000.

What type of property is this?

The property 781 5th Ave Unit 505 is a condo located in New York City, New York, 10022.

Is this property for sale now?

Active Listing: 781 5th Ave Unit 505 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 781 5th Ave Unit 505 has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The sq. ft. of 781 5th Ave Unit 505 is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 781 5th Ave Unit 505 is 1927.
Rocket Homes logo

Interested in 781 5th Ave Unit 505? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesNew YorkNew York10022781 5th Ave Unit 505

This home is located at 781 5th Ave Unit 505 in New York City, NY and zip code 10022 in the Midtown East neighborhood. This home was built in 1927. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 04, 2023 and is currently priced at $5,875,000.

In April 2024, from all listings sold in New York, NY there were more than 168 sold above asking price, over 748 sold below and more than 758 were sold right at the asked price. The inventory of homes for sale in New York, NY between March 2024 and April 2024 increased by 3.8%. In April 2024 median list price was $849,191 and the average listing age was 96 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources