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$23,520,000
List Price: $24,000,000
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781 Fifth Avenue #18thFloor
Coop in Lenox Hill •  building info
6bd • 7ba
Buy with Yoreevo

$23,520,000

List Price

$24,000,000

Key Details
Days on market
18
Last price change
loading...
Estimated payment
$157,640
Monthly taxes
N/A
Monthly maintenance
$79,808
Description
Perched high atop the prestigious Sherry Netherland Hotel, this exceptional and palatial full-floor residence boasts spectacular terraces, 100 linear feet overlooking Central Park, and mesmerizing 360-degree views of the Manhattan skyline and other celebrated landmarks such as Grand Army Plaza and the historic facade of the iconic Plaza Hotel. This high-floor simplex is bathed in sunlight throughout the day, as are its three large terraces, which enjoy delightfully open exposures to the west, south and north. As evening falls, the skyline unfolds against a dramatic backdrop of city lights. With enormous potential underpinned by its extraordinary location, spectacular views and light, a luxury of space, elegant proportions, and three very glamorous and spacious terraces, this truly grand approximately 7,000 square foot residence comprises the entire 18th Floor of 781 Fifth Avenue. An extensive amount of architectural planning as well as demolition has been done in recent months to create a clean white space on the northern side of the apartment, all of which boasts spectacular views towards Central Park and also opens onto the western and northern terraces. The southern flank of the apartment still retains its defined living spaces. Its current very flexible state invites its next residents to adapt and tailor this unique offering to their own vision. The resulting residence will be an extraordinary illustration of a rarified, stylish and sophisticated home unique to Manhattan. Formerly, the apartments expansive configuration comprised five principal Entertainment Rooms, all with the most divine views towards Central Park, including a breathtaking corner Living Room, a Library with wet bar, a large square Dining Room, and a corner Den with access to both of the larger terraces. Additionally, there are a multitude of Bedrooms and Dressing Rooms which could be configured to suit anyones particular needs, eight Baths, and a Den/Media Room. The flexible floor plan of this enormous apartment is perfectly suited for both impressive and glamorous entertaining as well as for quiet contemplation, far above the city. This spectacular abode offers a rare opportunity to live in one of New Yorks finest and most iconic Pre-War cooperatives. Services and amenities offered by The Sherry Netherland include full concierge services, 24-hour doormen and elevator attendants, daily housekeeping, evening turndown services, valet parking, room service provided by the renowned Harry Cipriani, a fitness center, barber shop, and beauty salon. The apartment also has two independent staff rooms that are part of the sale and included in the maintenance. There is a monthly assessment for the 18th Floor and separate staff rooms of $8,011 and a monthly license fee for exclusive use of the 18th Floor elevator lobby of $2,342. Resplendent with glamorous and arresting views, the build out of this one-of-a-kind residence would yield the ultimate trophy abode. Sale and agent compensation subject to court approval.

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Important Stuff
Washer/Dryer in unit
Doorman
Elevator
Listing Amenities
Hardwood floors
City View
Dishwasher
Building Amenities
Gym
Live In Super
Fios Available
Building info

History
What it'll cost
Purchase price
$24,000,000
Asking Price: $24,000,000
Term
30 Years
Down Payment
$12,000,000 (50%)
Min: 50% (12,000,000)
Rate
6.75 %
Mortgage Amount
$12,000,000
Mortgage Payment
$77,832
Maintenance
$79,808
Estimated Yoreevo rebate
$480,000
Estimated closing cost
$907,000
Total monthly cost $157,640
Buy your dream home with us and get an estimated $480,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Sothebys International Realty

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