781 5th Ave Unit 616, New York, NY 10022

$295,000
1
BA

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List Price
$295,000
Status
ACTIVE
MLS#
RLS20116133
Property Type
StockCooperative
Year Built
1928
Days on Market
2
Bathrooms
1
Baths Full
1
County
New York
Subdivision
Lenox Hill
Neighborhood
Lenox Hill
Total Number of Rooms
1
Region
Manhattan
Hoa Fee
$3,932

Property Description

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 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. The building is pet friendly and allows 50% financing. Unique among cooperatives; Foreign Buyers, Trusts and LLCs permitted with board approval.

Additional Information

Building Name
Sherry Netherland
Number Of Units
169
Building Stories
38
Building Features
Concierge, Elevators, Fitness Center
Laundry
Common Area
Pets
Yes, Cats OK, Dogs OK
Stories
1
Furnished
Unfurnished

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Randall Gianopulos (randall.gianopulos@sothebys.realty) from Listing Office: Sothebys International Realty.

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