Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,500,000

Listed at $1,250,000 · Sold 20.0% above asking · Closed October 22, 2024

781 5th Avenue #501
Closed For Sale Co-op

$1,250,000

781 5th Avenue #501

Midtown East, Manhattan

MLS® #RLS10996712

RLS at REBNY

Listing by Highline Residential LLC

2

Bedrooms

2.5

Baths

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Year Built N/A
Ownership Co-op
Maintenance $16,747/mo
Neighborhood Midtown East
Floor 5

Property Highlights

  • Location: Midtown East, Manhattan
  • Property Type: Co-op

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 2 Full, 1 Half
Floor 5
Heating None
Pets Yes
Structure Type None
Furnished Unfurnished
Parcel # 1374-0001-00781-000-0000501
Block/Lot 01374/0000

Listing History

Event Date Price Change
Listed Jul 21, 2024 $1,250,000 -
Currently Jun 1, 2026 $1,250,000 -

Description

For almost 100 years the Sherry Netherland has attracted the elite from around the world with its grand design, 5 star service and
world class accommodations. Now you too can enjoy the good life in this modestly priced unit which features 2 oversized bedroom, 2.5 bathrooms, a dressing area. a large, exquisitely wood .paneled living area with wood floors and a decorative fireplace, a washer/dryer in the unit, and tree top views of Central Park Located at the corner of 59th Street and 5th Avenue, the Sherry Netherland is convenient to everything New York City has to offer.

Come see your new home today. It is the best move you will ever make!

Pre-War



Features & Amenities

Interior Features

Building Inside None

Building Amenities

Elevators Health Club

Financial Details

Maintenance $16,747/mo
Sale Price $1,500,000

Midtown East is a dynamic hub that is the gateway to Manhattan for many. Home to iconic landmarks like Grand Central Terminal and the Chrysler Building, the neighborhood offers unparalleled convenience for commuters and professionals. The residential landscape is a mix of high-rise luxury towers and historic side-street cooperatives, providing a wide array of options for those who want to be at the center of the city's energy.

Midtown East Live Market Data

View Neighborhood

Active Listings

231

Median Asking Price

$1.58M

Median $/Sqft

$1,742

Avg Days on Market

N/A

New This Week

9

Price Reduced

22%

Sold (30 Days)

9

Median Sale Price

$1.74M

Live data from RLS at REBNY • Updated 6/1/26, 4:46 PM EST

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Location

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781 5th Avenue #501, Midtown East, New York County

Building Information

Official NYC property records for this building

1927
Year Built
99 years old
38
Floors
169
Residential Units
R10H
Zoning District
Elevator Apartments Historic District: Upper East Side Historic District NYC Landmark

Tax & Assessment

Assessed Value: $49,626,900
Land Value: $18,720,000
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 12,500 SF
Building Area: 314,509 SF
Built FAR: 25.16
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $16,747 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10996712
First Listed: 1/11/2024
On Market: 7/21/2024
Closed: 10/22/2024
Contract Date: 1/10/2024

Listing Courtesy of Highline Residential LLC - MICHAEL RICHMAN

Listing Contact: (212) 353-2003

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/1/2026 at 8:46 PM UTC

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