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The Strand

The Strand

The Strand
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

500 W 43rd St
New York, NY 10036
311 Units
41 Stories
1988 Year Built
$500K - $1.6M Value Range

Available Units

For Sale
For Rent

Highlights

  • Concierge
  • Clinton School Rated A
  • Health Club
  • Steam Room
  • Indoor Pool
  • 3 min walk to Matthews-Palmer Playground
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A more affordable, well-run option for Hell’s Kitchen living

Corcoran broker Tony Testa, who has been selling homes in the 1988 condominium The Strand for 11 years, understands the appeal of the newer luxury developments in Hell's Kitchen like Hudson Yards and MiMA. He also knows that for many people, the cost of those homes can be prohibitive. "For someone who wants new construction but can't afford the price per square foot, this is a really good runner-up," he says, noting that while The Strand is an older condo, "You don't feel like you're walking into a 1988 building. "He says this standing in the living room of one of the 42-story building's penthouse units, a nicely renovated one-bedroom with uncommon views that improbably encompass the Freedom Tower to the south, the Hudson River and the Intrepid Museum to the north. Designed by Costas Kondylis Associates, the unusual building is not rectangular, but rather diamond-shaped, and positioned at a 45-degree angle to Manhattan's grid. This orientation, combined with the condominium's unique design, results in many of the units providing 90-degree views in any given room and the sense of being in a corner unit. "Every corner has multiple views," says Testa.

"The board is really well run," says Douglas Elliman broker Heather Meissner, who specializes in selling investment properties in the building. She cites the purchase of a backup generator following Hurricane Sandy and renovating the building's amenities during the pandemic as proactive and savvy decisions that help maintain the condo's condition and appeal. The Strand also offers flexible rules and policies for buyers, permitting pied-a-terres, investment by LLCs and trusts and co-purchasing.

A unique vantage point and views, with some older elements

Homes include studios to four-bedrooms, and many units feature small balconies accessed through glass doors. Studios measure 390 square feet to 490 square feet and list for about $500,000 to $685,000, and one-bedrooms 390 square feet to 1,670 ask $595,000 to $1.5 million. Two-bedrooms are priced at around $825,000 to $1.8 million and measure 838 square feet to 1,400 square feet, and three- and four-bedrooms 1,800 and larger sell for $2.4 million and up. The condo's late-1980s vintage is reflected in the parquet floors of many units and, compared to many bedrooms found in new construction, larger sleeping quarters. Many include updates thanks to the renovations of previous owners over the years.

A compact but impressive health and fitness center and parking

The building is staffed by a concierge and 24-hour door attendant and offers garage parking. A small residents' lounge includes a catering kitchen and can be rented out for events. The standout amenity is a sun-filled top-floor health and fitness center with a lap pool, jacuzzi, gym, men's and women's steam rooms, saunas, and full locker rooms with showers. The level also includes a sun deck. The lobby is a neutral, welcoming space with a double-height foyer that incorporates limestone and marble.

Hell’s Kitchen among busy streets, Times Square and the Hudson River

Located at the intersection of 10th Avenue and 43rd Street in Hell's Kitchen, The Strand is surrounded by shopping, dining and entertainment options. A Food Emporium is down the street, and a Target with a grocery store is one block away. Popular restaurants line 10th and Ninth Avenues, and the theater district is three blocks to the east. For outdoor, riverside recreation, Hudson River Park and the Hudson River Greenway are two blocks to the west. Luxury shopping and dining can be done at Hudson Yards, directly south at 34th Street, and the sprawling Jacob Javits Convention Center is nearby on 11th Avenue.

A host of subway lines, with easy exit from the city via bus, train or plane

Nearby public transportation includes the A, C and E at Port Authority Bus Terminal at 42nd Street and the N, Q, R, W, 7 and Times Square shuttle three blocks east. The West Side Highway is two blocks west, and the Lincoln Tunnel is minutes away, providing connections to New Jersey and Interstate 495. Newark Liberty International Airport can be reached in about 40 minutes.

Available Condos

Building Details

Views

  • River
  • City

Recreation

  • Health Club
  • Indoor Pool
  • Community Pool

Amenities

  • Concierge
  • Doorman
  • Rooftop Deck
  • Steam Room
  • Sauna
  • Theater or Screening Room
  • Laundry Facilities
  • Bike Room

Parking

  • Garage

Condo Association

  • $966 Monthly HOA Fees
  • Monthly HOA Fees Range from $446 - $1,361
  • Association fees include taxes, clubhouse
  • The Strand <Br> Condominium Condos
  • Hell's Kitchen Subdivision
  • Smoking Allowed in Building

Building Design

  • High-Rise Condominium
  • Elevator

Unit Features

  • Balcony

Unit Information

Unit
4F
8H
12G
16H
21E
38B
Beds
1 Bed
--
--
1 Bed
1 Bed
1 Bed
Baths
1 Bath
1 Bath
1 Bath
1 Bath
1 Bath
1 Bath
Sq Ft
675
0
415
679
675
679
Price
$800,000
$545,000
$535,000
$860,000
$849,000
$995,000
Price / Sq Ft
$1,185 / Sq Ft
--
$1,289 / Sq Ft
$1,267 / Sq Ft
$1,258 / Sq Ft
$1,465 / Sq Ft
List Date
03/28/2025
12/03/2024
09/25/2023
03/28/2025
03/24/2025
02/10/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
330 - 1,228
Est. Values
$499,788 - $1,600,394
1 Bedroom Units
Sq Ft Range
440 - 1,051
Est. Values
$584,016 - $1,026,505
2 Bedroom Units
Sq Ft Range
679 - 1,400
Est. Values
$815,861 - $1,621,653
4 Bedroom Units
Sq Ft Range
2,000
Est. Values
None Available
All Units
Sq Ft Range
330 - 2,000
Est. Values
$499,788 - $1,621,653

Map

Area Factors

Moderate Crime

Crime Score®

6 / 10

Biker's Paradise

Bike Score®

94 / 100

Walker's Paradise

Walk Score®

99 / 100

Rider's Paradise

Transit Score®

100 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

55 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$60K - $1.0M
Range of Taxes in Building
$5,101 - $110,151
Range of Taxes per Sq Ft
$7.51 - $344.22

Property Tax History

Source: Public Records

Similar Condominium Buildings

Building Website

Building Team

Developer
Bhatia Development
Property Management
Bhatia Development
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.