The Strand 500 W 43rd St Unit 40B New York, NY 10036
Hell's Kitchen Neighborhood
1
Bed
1
Bath
679
Sq Ft
$776/mo
HOA Fee
Highlights
- Garage
- Clinton School Rated A
- 3-minute walk to Matthews-Palmer Playground
About This Home
As of September 2019The southern and eastern exposures from this bright and generously proportioned one-bedroom home offer unparalleled skyline views, which capture the true pulse of New York City. On the penultimate residential floor of The Strand, apartment 40B is at the center of one of Manhattan's most exciting neighborhoods-Hell's Kitchen.
An entry foyer niche perfect for showcasing art, high ceilings, an open-plan living and dining space, an expansive bedroom and plentiful closets add to the luxurious feeling of this spectacular home. The kitchen features new stainless steel refrigerator, dishwasher and gas range. The bathroom with tub is clad in Cararra marble. With access from both the living room and the bedroom, the private balcony offers both Manhattan skyline and Hudson River views.
Upon entering The Strand luxury condominium, residents and guests are greeted by elegant landscaping, with seasonal plantings and two cascading fountains, as well as a grand, minimalist lobby. Designed by noted architect Costas Kondylis Associates, The Strand features a resident manager, 24-hour concierge service, doorman, garage parking and laundry on each floor. The entire 42nd floor is dedicated to The Strand Health Club-a swimming pool, a gym and a sundeck-all with Manhattan skyline and Hudson River views. Steam rooms, saunas and a lounge for post-workout relaxation complete this skytop retreat. The Strand is a pet-friendly community.
The Hell's Kitchen neighborhood is perfectly situated for touring The Shed cultural center at Hudson Yards and the art galleries of Chelsea, taking in a Broadway show in the Theatre District and dining out. From Restaurant Row classics such as Barbetta and Bar Centrale to contemporary favorites 44&X Hell's Kitchen, Anejo, The Marshal, Meme Mediterranean, Le Prive, and Gotham West Market, the neighborhood is one of New York City's culinary hubs.
A few short blocks from the Hudson River Park, residents of The Strand enjoy biking, kayaking and other adventures on water and land. Commuting and exploring the city is a breeze with the A, C, E, N, Q, R, W, 1, 2, 3 and 7 trains nearby.
Can be combined with 40A to create a convertible four bedroom. Architect Jeffrey Langsam has created a floor plan for this combination.
Last Agent to Sell the Property
Brown Harris Stevens Residential Sales LLC License #30DI1094747
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $13,584
Year Built
- Built in 1987
HOA Fees
- $776 Monthly HOA Fees
Parking
- Garage
Home Design
- 679 Sq Ft Home
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Community Details
- 311 Units
- Strand, The Condos
- Middle West Side Subdivision
- 41-Story Property
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2019
Closed on
Sep 6, 2019
Sold by
Cofinance Inc
Bought by
Tian Mengxi
Seller's Agent
Robert Dienes
Brown Harris Stevens Residential Sales LLC
List Price
$952,500
Sold Price
$868,000
Premium/Discount to List
-$84,500
-8.87%
Total Days on Market
98
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,003
Avg. Annual Appreciation
0.08%
Original Mortgage
$315,000
Outstanding Balance
$279,439
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$592,564
Purchase Details
Closed on
Sep 18, 2007
Sold by
Arnaud Pascal
Bought by
Cofinance Inc
Purchase Details
Closed on
May 28, 1999
Sold by
Cactus & Yucca Corp
Bought by
Arnaud Pascal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
11.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 16, 1997
Sold by
Paoletti John Peter
Bought by
Cactus & Yucca Corp
Map
About The Strand
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $868,000 | -- | |
| Foreclosure Deed | $825,000 | -- | |
| Bargain Sale Deed | -- | -- | |
| Deed | $260,000 | The Title Guarantee Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $315,000 | New Conventional | |
| Previous Owner | $465,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $208,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2023 07/15/23 | Off Market | $4,300 | -- | -- |
| 05/23/2023 05/23/23 | Rented | $4,300 | 0.0% | -- |
| 04/07/2023 04/07/23 | Price Changed | $4,300 | -4.4% | $6 / Sq Ft |
| 03/23/2023 03/23/23 | For Rent | $4,500 | 0.0% | -- |
| 04/20/2022 04/20/22 | Off Market | $868,000 | -- | -- |
| 09/06/2019 09/06/19 | Sold | $868,000 | -8.9% | $1,278 / Sq Ft |
| 08/07/2019 08/07/19 | Pending | -- | -- | -- |
| 04/30/2019 04/30/19 | For Sale | $952,500 | -- | $1,403 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $14,406 | $115,229 | $20,349 | $94,880 |
| 2023 | $11,769 | $116,289 | $20,349 | $95,940 |
| 2022 | $11,812 | $119,026 | $20,349 | $98,677 |
| 2021 | $14,090 | $119,026 | $20,349 | $98,677 |
| 2020 | $11,976 | $131,775 | $20,349 | $111,426 |
| 2019 | $13,586 | $128,813 | $20,349 | $108,464 |
| 2018 | $12,610 | $129,124 | $20,349 | $108,775 |
| 2017 | $11,902 | $109,651 | $20,349 | $89,302 |
| 2016 | $11,803 | $109,149 | $20,349 | $88,800 |
| 2015 | $6,593 | $97,534 | $20,349 | $77,185 |
| 2014 | $6,593 | $93,684 | $20,349 | $73,335 |
Source: Public Records
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10555121
APN: 1071-1305
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