$4,067,021 - $4,949,000
RENTED SEP 4, 2025
3 Beds
3.5 Baths
2,404 Sq Ft
0.26 Acres

Highlights

  • City View
  • 5-minute walk to Spring Street (A,C,E Line)
  • Wood Flooring
  • P.S. 3 Charrette School Rated A
  • 11,405 Sq Ft lot
  • 2-minute walk to Canal Park

About This Home

As of September 2025

This full-service 2,404+/- square foot home has an exceptional floorplan, three exposures (west, north and east), and 10' ceilings with floor-to-ceiling windows providing abundant natural light to every room within. The corner living room can comfortably accommodate a large dining area, spacious seating area and a breakfast nook/home office. An Italian Basaltina kitchen island provides plenty of counter-space and storage. The kitchen is outfitted with top-of-the-line appliances including a Sub Zero refrigerator, Bosch dishwasher, Viking Range, GE Monogram Microwave, Zephyr Wine Cooler and an Insinkerator Garbage Disposal. Each bedroom has an ensuite bath and is roomy enough for a king-size bed, sitting area and/or work space. A powder-room and designated laundry room with large capacity washer and vented dryer are located off the foyer. This unit has been updated with solid oak, wide-plank floors and a stone entryway. Central air-conditioning and heating make for a comfortable environment every day of the year.

Located on a wide, tree-lined block, 505 Greenwich is an exceptionally well-managed building with a resident manager, 24 hour doorman, handymen and porters. Designed by Handel Architects, it features a timeless lobby, landscaped courtyard, fitness center, children’s playroom, bicycle storage room, pet spa and private storage for every unit. The Hudson River Park, with its tennis courts, walkways and bicycle paths is two blocks away as are the New York headquarters of Google and Disney.

The following application fees apply: application processing ($700); background check ($100 per applicant); credit check ($75 per applicant); and Move In/Out ($1,000). Renter Insurance (amount TBD). Additional fees for lost keys, and late payments may apply.

Last Agent to Rent the Property

Jill Mangone

Sothebys International Realty License #40MA0971226 Listed on: 07/23/2025

Sothebys International Realty

Co-Listed By

Gabrielle From

Sothebys International Realty License #10301214844

Last Renter's Agent

Jill Mangone

Sothebys International Realty License #40MA0971226 Listed on: 07/23/2025

Sothebys International Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $38,984

Year Built

  • Built in 2004

Lot Details

  • 0.26

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 2,404 Sq Ft Home
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Property is in excellent condition
  • Central Air

Listing and Financial Details

  • Property Available on 7/1/25
  • Legal Lot and Block 7503 / 00594

Community Details

Overview

  • No Home Owners Association
  • 102 Units
  • High-Rise Condominium
  • Hudson Square Subdivision
  • 15-Story Property

Amenities

  • Community Garden

Condo Details

Home Type

Condominium

Est. Annual Taxes

$38,984

Year Built

Built in 2004

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-07-01

Listing Details

  • Exposures: East,North,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Hudson Square
  • Entry Level: 3
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15

Interior Features

  • Interior Features: Eat-in Kitchen, Kitchen Window
  • Appliances: Dishwasher
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2404.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Covered Courtyard, Building Garden
  • Property Condition: Excellent

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Elevator(s)
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 11405.0
  • Lot Size Dimensions: 108.92 x 75.0

Building Info

  • New Construction: No
  • Units: 102
  • Spa: No
  • Total Stories: 15
  • Year Built: 2004

Tax Info

  • Tax Block: 00594
  • Tax Lot: 7503

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2007
Sold by
Druch Andrew W and Mathis Marie Kimberly
Bought by
Phares Craig A R and Phares Katharine H
Current Estimated Value
$4,460,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2004
Sold by
Greenwich Renwick Llc and % Metropolitan Housing Partners Llc
Bought by
Druch Andrew and Mathis Marie Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Phares Craig A R $2,850,000 --
Phares Craig A R $2,850,000 --
Druch Andrew $1,832,850 --
Druch Andrew $1,832,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carp $715,751
Closed Phares Craig A R $1,000,000
Previous Owner Druch Andrew $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Rented $19,500 -2.0% --
08/18/2025 08/18/25 Under Contract -- -- --
07/23/2025 07/23/25 Price Changed $19,900 0.0% $8 / Sq Ft
07/23/2025 07/23/25 For Rent $19,900 -13.3% --
06/15/2025 06/15/25 Off Market $22,950 -- --
05/19/2025 05/19/25 For Rent $22,950 +27.5% --
10/30/2022 10/30/22 Off Market $17,995 -- --
08/01/2022 08/01/22 Rented $17,995 0.0% --
06/24/2022 06/24/22 Under Contract -- -- --
04/25/2022 04/25/22 Price Changed $17,995 -10.0% $7 / Sq Ft
03/25/2022 03/25/22 For Rent $19,995 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

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
2025 $38,984 $319,863 $11,290 $308,573
2024 $38,984 $311,824 $11,290 $300,534
2023 $32,363 $319,784 $11,290 $308,494
2022 $28,648 $308,493 $11,290 $297,203
2021 $42,183 $343,872 $11,290 $332,582
2020 $36,057 $380,708 $11,290 $369,418
2019 $34,820 $372,150 $11,290 $360,860
2018 $39,814 $359,145 $11,290 $347,855
2017 $37,055 $321,549 $11,290 $310,259
2016 $35,045 $318,456 $11,290 $307,166
2015 $13,691 $301,938 $11,290 $290,648
2014 $13,691 $264,051 $11,290 $252,761
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20025041

Real Estate Board of New York (REBNY)

APN: 0594-1347