The Real Deal New York

Sherry-Netherland co-op hits market for $42.5M

Mezzanine-level apartment has five bedrooms

December 01, 2015 11:27AM
By Rich Bockmann

Sherry Netherland

781 Fifth Avenue, the Sherry Netherland

UPDATED, Dec. 1, 5:40 p.m.: A massive “townhouse on one floor” overlooking Central Park at the Sherry Netherland is on the market asking $42.5 million.

The 19-room, 9,000-square-foot co-op spanning the mezzanine level of the famed apartment house overlooking Grand Army Plaza at the corner of Central Park has five bedrooms and six and a half baths.

“Like a town house on one floor, and in mint condition, this apartment is flooded with natural light and can accommodate a variety of lifestyle configurations,” the listing reads. Douglas Elliman’s Sabrina Saltiel, who is marketing the apartment, declined to comment.

Several floors above, the Chinese buyer who paid $70 million for an 18th floor penthouse in March is looking to seek the home for $86 million which, if sold at that price, would be the most expensive co-op in the city.


The floor plan for the Sherry Netherland’s $42.5-million listing

Correction: A previous version of this post incorrectly identified the apartment’s seller.