Live in a hotel and make a profit while you do. An investment property like no other. Net Income for 2017 was $11,667 This residence offers a cozy studio apartment with an over sized room, luxury bathroom and a walk-in closet. A white glove amenities building, The Sherry-Netherland offers full hotel services that include daily housekeeping and turndown, a 24 hour doorman & concierge staff, a 24 hour elevator attendant & security, a state-of-the-art fitness center, valet parking & limousine service, a beauty salon & barber shop and room service provided by Harry Cipriani Restaurant. Located steps from Central Park on the corner of 59th Street and 5th Avenue, The Sherry-Netherland is more than a place of residence, but some of the finest hotel living that New York City has to offer. A cooperative residential hotel, The Sherry was built in 1927 as a world class hotel and converted to cooperative ownership in 1954. The building is the epitome of luxury living.