781 Fifth Ave #614, New York, NY 10022

Description

The Best Value on Fifth Avenue. An amazing opportunity to own a 3 Bed/3 Bath+Adjacent Staff Room w/Bath multi-unit contiguous Hotel-Pool Compound in The Sherry-Netherland Hotel.

With light renovation one can move in and enjoy the space, pampered service and location in a prestigious pre-war cooperative on the Plaza at 59th & 5th Avenue facing Central Park. Or, bring your architect and accountant to reimagine this +/- 1,950 sq.ft. into the ultimate live/work/investment at the legendary Sherry-Netherland Hotel. All three units (2 Studio apartments and 1 One-bedroom are in the hotel rental pool and may be rented individually or combined. The rare contiguous Staff Room, with full windowed bath, may be combined, sold, or remain with separate entrance and used for Owner’s office, storage or staff.

High ceiling ranging from 9 to 9.7 feet. Quiet, North and 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. Note: All Utilities included in the monthly maintenance. Please note there is an assessment of $1,418.39/month and a 2% flip tax paid by the purchaser.

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