$250,000/mo

781 5th Ave Apt 615, New York City, NY 10022

1 bath

Rent shown is base rent as provided by the property owner or manager. Additional mandatory fees, deposits, or utilities may apply and are set by the property owner or manager.

Rental
Built in 1928
0.29acre lot
—— car garage
$——/sqft
Listed 11 days ago

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.