$2,995,000
$2M PRICE DROP

Estimated payment $45,307/month

Total Views 15,503
3 Beds
3.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Valet Parking
  • 1-minute walk to 5 Avenue-59 Street
  • Pre War Building
  • East Side Elementary School, P.S. 267 Rated A
  • 12,500 Sq Ft lot
  • 1-minute walk to Grand Army Plaza

About This Home

Experience quintessential New York City living at its best in a spectacular 3 bedroom, 3 and a half bathroom jewel in one of Manhattan’s most iconic skyscrapers. The true essence of old NY is impeccably reimagined and perfectly epitomized in this glamorous Upper East Side home at the exclusive Sherry Netherland, a preeminent residential hotel moments from Central Park.

Graciously-proportioned #505 was meticulously designed by the famed Geoffrey Bradfield, named a Dean of American Design by Architectural Digest and a Top Ten Designer by The Robb Report. Every exquisite, custom-made detail in this pristine-condition residence is rare and impressive, and reminiscent of another refined era. Superlative elements abound throughout representing an unparalleled quality of craftsmanship, from elegant coffered and tray ceilings to rich woods and intricate marble floors, magnificent moldings, custom millwork doors, a stately marble fireplace mantle, high-end lighting, to premium Bullet brackets and hardware adorning all cabinets and doors.

Topping the allure are the breathtaking views of Central Park, Fifth Avenue, landmark architecture and Manhattan skyline, enjoyed from oversized windows lining the entire southern and western sides of the sun-bathed apartment. Another very special attraction is the separate 137 sq ft windowed storage unit on same that comes with the apartment and has its own full bathroom.

Enter the generous stunning central gallery with gorgeous marble floors, a beautiful domed ceiling, large closet and upscale powder room. While proceeding to the dramatic entertaining space, fabulous hidden folding doors, which appear as part of the paneling, can be extended to close off the gallery and living area for privacy if desired. The expansive southwest corner living room affords an ideal backdrop for entertaining. Adjoining via pocket doors is a formal dining room featuring tasteful built-ins for fine china, and dark herringbone-pattern wood floors. Across the hall is a modern kitchen styled with sleek white cabinetry and countertops, and top-of-the-line appliances for the chef. At right is extensive built-in storage, and a convenient washer-dryer.

The huge primary bedroom suite is phenomenal, offering walls of closets, arched mirrored display niches, a sitting area, and luxurious spa bath with a deep soaking tub and separate shower. Beyond is an ultra-luxurious dressing room wrapped in floor-to-ceiling mirrored closets, with an additional walk-in closet, marble-top storage island, and makeup vanity. This room was originally the 3rd bedroom and can easily be converted back as it comes with a lovely full bath. Across the home is the 3rd bedroom suite with a wall of mirrored closets and full bath, which makes a comfortable den or office as well.

Built in 1927 as a world-class hotel and converted to a cooperative in 1954, the landmarked Sherry Netherland sits at the epicenter of Manhattan, moments from Central Park, The Plaza, Pierre, premier shops, restaurants and other attractions. Elevating the lifestyle is its work-of-art lobby adorned with a restored ceiling mural based on Raphael's frescoes at the Vatican Palace, and white-glove services/amenities including a 24-hour doorman, concierge, and attended elevators. Residents may partake in hotel services as well such as daily maid service, an onsite fitness center, hair salon, and valet parking. Pied-a-terres are allowed.

The current monthly maintenance for 505 is $26,432.50 and the storage/staff room 519 is $1,362.50. The total monthly assessment for 505 and 519 is $2,679.18 thru 9/1/2027.

Listing Agent

Leslie Modell

Sothebys International Realty License #10301200832 Listed on: 01/04/2023

Sothebys International Realty

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1927

Lot Details

  • 0.29 Acre Lot
  • West Facing Home

HOA Fees

  • $26,433 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Pre War Building
  • Entry on the 5th floor

Interior Spaces

  • Entrance Foyer
  • Dining Room
  • Home Gym
  • Laundry Room
  • Property Views

Kitchen

  • Galley Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Listing and Financial Details

  • Legal Lot and Block 0001 / 01374

Community Details

Overview

  • 169 Units
  • High-Rise Condominium
  • Sherry Netherland Condos
  • Lenox Hill Subdivision
  • 38-Story Property

Amenities

  • Valet Parking
  • Laundry Facilities

Property Details

Home Type

Co-Op

Year Built

Built in 1927

Lot Details

0

HOA Fees

$26,433 per month

Listing Details

  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lenox Hill
  • Architectural Style: Prewar
  • Entry Level: 5
  • Structure Type: High Rise
  • Special Features: VirtualTour
  • Property Sub Type: Coop
  • Stories: 38

Interior Features

  • Interior Features: Entrance Foyer, Galley Kitchen
  • Appliances: Dishwasher
  • Fireplace: No
  • Living Area Units: Square Feet
  • Dining Room Type: Dining Room, Gym

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 3

Exterior Features

  • View: Park/Greenbelt
  • View: Yes
  • Direction Faces: West

Garage/Parking

  • Garage: Yes
  • Parking Features: Valet

Utilities

  • Laundry Features: Common Area, Laundry Room, In Unit

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 26433.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Stock Cooperative

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 12500.0
  • Lot Size Dimensions: 100.0 x 125.0

Building Info

  • New Construction: No
  • Building Name: Sherry Netherland
  • Units: 169
  • Total Stories: 38
  • Year Built: 1927

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01374
  • Tax Lot: 0001

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2025 09/22/25 Price Changed $2,995,000 0.0% --
09/22/2025 09/22/25 For Sale $2,995,000 0.0% --
08/12/2025 08/12/25 Rented $31,000 -99.1% --
08/12/2025 08/12/25 Under Contract -- -- --
08/03/2025 08/03/25 Off Market $3,500,000 -- --
07/31/2025 07/31/25 For Rent $35,000 0.0% --
06/15/2025 06/15/25 Off Market $35,000 -- --
06/03/2025 06/03/25 Price Changed $3,500,000 -11.4% --
04/28/2025 04/28/25 Price Changed $3,950,000 0.0% --
04/28/2025 04/28/25 For Rent $35,000 0.0% --
11/21/2024 11/21/24 Price Changed $4,495,000 -6.4% --
09/27/2024 09/27/24 Price Changed $4,800,000 -9.3% --
05/17/2024 05/17/24 Price Changed $5,295,000 -9.9% --
03/26/2024 03/26/24 For Sale $5,875,000 0.0% --
03/14/2024 03/14/24 Off Market $5,875,000 -- --
01/31/2024 01/31/24 Price Changed $5,875,000 -12.2% --
11/28/2023 11/28/23 Price Changed $6,695,000 -12.5% --
09/07/2023 09/07/23 Price Changed $7,650,000 0.0% --
09/07/2023 09/07/23 For Sale $7,650,000 -14.0% --
07/15/2023 07/15/23 Off Market $8,895,000 -- --
07/10/2023 07/10/23 For Sale $8,895,000 0.0% --
07/07/2023 07/07/23 Off Market $8,895,000 -- --
01/04/2023 01/04/23 For Sale $8,895,000 -- --
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10987583

Real Estate Board of New York (REBNY)

APN: 01374-0001505