The Sherry-Netherland - 781 5th Avenue, New York, NY 10022 Property Information
The Sherry-Netherland - 781 5th Avenue, New York, NY 10022 Property Information
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Address
Building name | The Sherry-Netherland |
Primary address | The Sherry-Netherland - 781 5th Avenue |
Secondary address | 779-783 5th Ave |
Neighborhood | Lenox Hill |
Zip code | 10022 |
Borough | Manhattan |
Block & lot | 01374-0001 |
Sales & Tax Overview for 781 5th Avenue, New York
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
Purchase date | 06/10/2008 |
Purchase price | $250,000 |
Tax class | Register |
Lot & Building Information for 781 5th Avenue, New York
Lot sqft | 12,500 |
Lot dimensions | |
Building class | Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4) |
Building sqft | 314,509 |
Building dimensions |
Buildings on lot | 1 |
Stories | 38 |
Year built | 1927 |
Year last altered | 2018 |
Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
School district | 2 |
Community district | 8 |
Closest police station | 0.47 Miles |
Closest fire station | 0.43 Miles |
Building Description
Consistently voted one of the top hotels in the US, The Sherry Netherland is a New York icon thanks in large part to the sidewalk clock on 5th Avenue that marks its main entrance. It's located directly across the street from the main entrance to Central Park. Thirty-eight stories tall, it encompasses 314,500 sq ft of living space, with 169 residential units and six commercial units. Now a co-op with a few remaining hotel rooms, it opened as the world's largest apartment complex in 1927.
Its lobby was modeled after the library at the Vatican and its rooms feature L'Occitane toiletries, privies by Laurent D, and flat-panel LCD televisions. White-gloved elevator attendants bring an air of yester-year, and the full concierge service includes exclusive seating to area theater and professional sports tickets. In-room massage therapy services are available in all of the 50 guest rooms, many of which possess unobstructed views of Central Park. In 1981, it was officially designated a New York City landmark. The zoned school PS 183 is just a few block away, and residents can catch the N, Q and R lines right across the street at Grand Army Plaza.
Other Property Data for 781 5th Avenue, New York
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 779-783 5th Ave, New York, NY 10022
- 1-3 E 59th St, New York, NY 10022
About 781 5th Avenue, New York
The Sherry-Netherland - 781 5th Avenue, New York, NY 10022 was built in 1927 and has a total of 314,509 square feet.
What is the assessed value of The Sherry-Netherland - 781 5th Avenue, New York, NY 10022 and the property tax paid?Assessed at $47,177,550, the tax amount paid for The Sherry-Netherland - 781 5th Avenue, New York, NY 10022 is $5,742,041.
When was The Sherry-Netherland - 781 5th Avenue, New York, NY 10022 last sold?The Sherry-Netherland - 781 5th Avenue, New York, NY 10022 was last sold in 08/10/2021.
How many residential units does this building have?This building has 169 residential unit(s) and 6 commercial spaces.
Ownership Information for 781 5th Avenue, New York
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Past Sales & Property History for 781 5th Avenue, New York
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*Here are the three most recent sales for this property.
Title Documents for 781 5th Avenue, New York
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R: Recorded date
D: Document date
Property Taxes for 781 5th Avenue, New York
Access detailed property tax data for The Sherry-Netherland - The Sherry-Netherland - 781 5th Avenue, New York, NY 10022. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
Tax year: | 2024-2025 |
Property tax: | $5,829,068 |
Tax assessor's market value: | $104,839,000 |
Assessed value: | $47,177,550 |
Exemptions granted by city: | Register |
Assessment History for 781 5th Avenue, New York
Here's the assessment & property tax history for 781 5th Avenue, New York, including the evolution of the total tax rate and corresponding property tax.
Year | Market value | Assessed value | Taxable | Tax rate% | Base tax | Property tax | Year over year change |
---|---|---|---|---|---|---|---|
2023/24 | $104,683,000 | $47,107,350 | $46,531,730 | 12.502% | $5,817,687 | $5,713,161 | +2.38% |
2022/23 | $103,773,000 | $46,697,850 | $46,437,610 | 12.267% | $5,696,795 | $5,580,129 | +6.97% |
2021/22 | $96,868,000 | $43,590,600 | $43,588,140 | 12.235% | $5,333,310 | $5,216,637 | -6.25% |
2020/21 | $107,291,000 | $48,280,950 | $45,360,620 | 12.267% | $5,564,680 | $5,564,387 | +3.73% |
2019/20 | $104,430,000 | $46,993,500 | $43,006,910 | 12.473% | $5,364,543 | $5,364,252 | +4.18% |
Permits for 781 5th Avenue, New York
The complete history of permits filed for 781 5th Avenue, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
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Manhattan Commercial Market Stats
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Risk
FEMA flood zone(s): | X (See more on map) |
Transportation
Distance to Subway
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Closest station | 5th Ave & 60th St at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Station lines | N-Q-R | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Distance (miles) | 0.029 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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Name | 5 Av/W 59 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Line | M1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Distance (miles) | 0.027 |
Neighbors for 781 5th Avenue, New York
Here are the neighbors for The Sherry-Netherland - The Sherry-Netherland - 781 5th Avenue, New York, NY 10022.
Address | Square feet | Purchase date | Purchase price |
---|---|---|---|
510 Park Ave, New York | 132,926 | ||
900 Main St, New York | 661,538 | ||
20 E 60th St, New York | 48,562 | 09/05/2013 | |
55 E 59th St, New York | 305,297 | ||
33 Sutton Pl, New York | 3,200 | 09/11/1996 | |
3 Riverview Ter, New York | 4,274 | 08/26/2021 | $6,993,000 |
14 E 60th St, New York | 152,749 | 11/21/1980 | |
785 5th Ave, New York | 174,780 | ||
4 Riverview Ter, New York | 3,935 | 12/08/2017 | $7,650,000 |
57 E 59th St, New York | 8,795 | 12/20/2001 | |
25 Sutton Pl, New York | 63,000 | ||
26 E 60th St, New York | 6,600 | 06/14/1974 | |
7 Sutton Sq, New York | 8,779 | 08/21/2023 | $26,100,000 |
6 Riverview Ter, New York | 4,097 | 11/09/1992 | |
36 E 60th St, New York | 7,540 | 06/14/1974 | |
35 Sutton Pl, New York | 247,000 | 08/20/2004 | $900,000 |
5 Riverview Ter, New York | 4,392 | 05/14/1996 | |
5 E 59th St, New York | 38,052 | 02/28/2024 | $26,682,500 |
4 E 60th St, New York | 50,519 | ||
31 Sutton Pl, New York | 2,880 | 07/30/2021 | $5,600,000 |