781 5th Ave Unit 615, New York, NY 10022

Property Description

Exceptional value! Own a studio apartment within The Sherry-Netherland hotel.  At the crossroads of fashion, commerce and Central Park. 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 ongoing 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.