Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
781 5th Avenue #17
Interested in this property?
Active For Sale Co-op

$17,500,000

781 5th Avenue #17

Lenox Hill, Manhattan

Sherry Netherland

MLS® #RLS20031846

RLS at REBNY

Listing by Compass

6

Bedrooms

10.5

Baths

N/A

Sq. Ft.

1928

Year Built

Quick Summary

Bedrooms 6
Bathrooms 11 full, 2 half
Year Built 1928
Ownership Co-op
Maintenance $102,000/mo
Parking Valet
Neighborhood Lenox Hill
Floor 17 of 38

Property Highlights

  • Exposure: North,South,West facing
  • Fireplace: 1 fireplace
  • Climate Control: Central Air, Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 24
Baths 10 Full, 2 Half
Floor 17 of 38
Exposure North,South,West
Cooling Central Air, Wall Units
Pets Yes, CatsOk, DogsOk
Year Built 1928
Parking Features Valet
Structure Type HighRise
Flooring Carpet, Hardwood, Marble, Parquet
Furnished Unfurnished
Block/Lot 12345/1234

Listing History

Event Date Price Change
Listed Jun 18, 2025 $19,999,999 -
Currently May 4, 2026 $17,500,000 -12.5%

Description

Discover an extraordinary opportunity at the Sherry-Netherland, where the entire 17th floor is now available. This offering reveals the largest square footage for purchase in the building’s storied history, providing an exceptional chance to craft a bespoke, luxurious residence or a remarkable collection of apartments in the sky. This exquisite residence is poised at the iconic intersection of Fifth Avenue and Central Park, boasting unparalleled panoramic views. From the west, enjoy the lush expanse of Central Park, while the north reveals vistas stretching to the majestic George Washington Bridge. To the south, the dynamic cityscape unfolds in all its splendor. This layout provides endless possibilities for creating your dream home. Step off the attended elevator to your private landing, where you enter expansive entertaining spaces with breathtaking park views. The South Wing offers a variety of rooms with southern city vistas, while an extensive gallery hallway connects these spaces to private quarters, facilitating personalized design choices. This expansive property is currently configured into four distinct apartments, collectively offering a generous 24 rooms. Within these, you'll find 6 luxurious bedrooms and 11 finely appointed bathrooms, including 10 full bathrooms and 2 half bathrooms. Additional accommodations include multiple staff rooms and 2 guest rooms, providing ample space for a variety of lifestyle needs. Living here includes exclusive access to 24-hour attended elevators, security, and doorman services, along with hotel luxuries such as the renowned Harry Cipriani restaurant, fitness center, beauty salon. Homes also have hotel maid service twice a day, and residents can order their meals from Cipriani’s, located directly downstairs. Doubles Club, the exclusive private social club is also located in a discreet entrance off the lobby. A monthly assessment of $9,075.07 runs through September 2027. Purchases allow for LLCs, Trusts, and Guarantors, though no co-purchases or financing is allowed. A 2% flip tax applies to buyers. Embrace this unique moment at the Sherry-Netherland.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common On Floor Common Area Flooring: Carpet, Hardwood, Marble, Parquet Fireplace (1)

Exterior Features

Private Outdoor Space Under60 Sqft

Building Amenities

Elevators

Building Information

Financial Details

Maintenance $102,000/mo
Original Price $19,999,999
Previous Price $19,999,999

Lenox Hill occupies a residential section of the Upper East Side, defined by proximity to Central Park, major medical institutions (Memorial Sloan Kettering, Weill Cornell, Lenox Hill Hospital), and the Madison Avenue retail corridor. Housing stock ranges from large pre-war cooperatives to modern condominiums with East River and skyline views.

Lenox Hill Live Market Data

View Neighborhood

Active Listings

608

Median Asking Price

$1.18M

Median $/Sqft

$1,315

Avg Days on Market

N/A

New This Week

19

Price Reduced

34%

Sold (30 Days)

55

Median Sale Price

$1.29M

Live data from RLS at REBNY • Updated 5/3/26, 10:49 PM EST

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Location

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781 5th Avenue #17, Lenox Hill, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

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 $102,000 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 6 bedrooms and 10 full bathrooms and 2 half bathrooms.

According to MLS records, the building was constructed in 1928, making it approximately 98 years old.

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: RLS20031846
First Listed: 6/18/2025
On Market: 6/18/2025
Price Changed: 3/6/2026
Contract Date: 6/16/2025

Listing Courtesy of Compass - Richard J Steinberg

Listing Contact: (917) 676-0150

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 5/4/2026 at 2:49 AM UTC

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