Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
781 5TH Avenue #18
Interested in this property?
Active For Sale Co-op

$12,000,000

781 5TH Avenue #18

Lenox Hill, Manhattan

Sherry Netherland

MLS® #RLS20028724

RLS at REBNY

Listing by Douglas Elliman Real Estate

6

Bedrooms

7.5

Baths

N/A

Sq. Ft.

1928

Year Built

Quick Summary

Bedrooms 6
Bathrooms 8 full, 2 half
Year Built 1928
Ownership Co-op
Maintenance $85,654/mo
Parking Garage
Neighborhood Lenox Hill
Floor 18 of 38

Property Highlights

  • Views: City, Park Greenbelt
  • Fireplace: 1 fireplace
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 15
Baths 7 Full, 2 Half
Floor 18 of 38
View City, Park Greenbelt
Pets Yes
Year Built 1928
Parking Garage Available
Structure Type HighRise
Basement Other
Block/Lot 01374/0001

Listing History

Event Date Price Change
Listed Jun 4, 2025 $12,000,000 -
Currently May 5, 2026 $12,000,000 -

Description

Commanding the entire 18th floor of the legendary Sherry Netherland Hotel, this extraordinary full-floor residence presents a once-in-a-generation opportunity to own an expansive, light-filled home with over 100 feet of direct Central Park frontage and breathtaking 360-degree views of the Manhattan skyline. From the iconic Grand Army Plaza to the architectural grandeur of The Plaza Hotel, the vistas are nothing short of cinematic-daylight pours in from all directions, and by night, the city glows in a spectacular display.

Spanning approximately 7,000 square feet, this distinguished high-floor simplex features three remarkable terraces facing west, south, and north, each offering a rare sense of openness and privacy atop one of New York's most storied addresses. An abundance of natural light, soaring proportions, and the unrivaled scale of this residence lay the foundation for an exceptionally elegant and personalized home.

Significant architectural preparation and partial demolition have been completed to provide a blank canvas on the northern side of the apartment. This sunlit expanse opens directly to the northern and western terraces, each framing unobstructed views of Central Park. Meanwhile, the southern portion of the residence retains its previously defined living areas, offering an intriguing blend of past elegance and future possibility.

The previous layout showcased five expansive entertaining rooms-all oriented toward the park-including a grand corner living room, a formal dining room, a richly appointed library with wet bar, and a sun-drenched den that accessed both larger terraces. Numerous bedrooms, dressing rooms, and eight bathrooms offered versatility and scale, perfectly accommodating both grand entertaining and intimate living.

There are two staff rooms on the 7th and 22nd floors that convey with the apartment.

This is a rare opportunity to create a showplace residence within one of Manhattan's most prestigious pre-war cooperatives. Residents of The Sherry Netherland enjoy an unparalleled suite of white-glove amenities, including 24-hour doormen and elevator attendants, daily housekeeping with evening turndown, full concierge services, valet parking, room service by Harry Cipriani, a fitness center, barber shop, and beauty salon. The building permits 50% Financing. There is a 2% flip tax paid by the purchaser.

Features & Amenities

Interior Features

Building None Washer Hookup In Unit Fireplace (1)

Exterior Features

None

Building Amenities

Concierge Elevators

Building Information

Financial Details

Maintenance $85,654/mo

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

607

Median Asking Price

$1.19M

Median $/Sqft

$1,315

Avg Days on Market

N/A

New This Week

22

Price Reduced

37%

Sold (30 Days)

60

Median Sale Price

$1.35M

Live data from RLS at REBNY • Updated 5/5/26, 3:13 AM EST

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Location

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781 5TH Avenue #18, Lenox Hill, New York County

Floor Plans

Floor Plan 1

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 $85,654 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 6 bedrooms and 7 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: Pets Allowed With Board Approval.,Building Pets Allowed Comments:Pets Allowed With Board Approval.. 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: RLS20028724
First Listed: 6/4/2025
On Market: 6/4/2025
Price Changed: 6/4/2025
Contract Date: 6/4/2025

Listing Courtesy of Douglas Elliman Real Estate - Sabrina Saltiel

Listing Contact: (917) 696-6499

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 5/5/2026 at 7:13 AM UTC

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