$529,000
$46K PRICE DROP

The 505 505 W 47th St Unit 1GN Floor 1 New York, NY 10036

Hell's Kitchen Neighborhood

Estimated payment $3,950/month

-- Bed
1 Bath
384 Sq Ft
$1,378 Price per Sq Ft

Highlights

  • Rooftop Deck
  • City View
  • Patio
  • Clinton School Rated A
  • Cooling Available
  • 1-minute walk to Hell's Kitchen Park

About This Home

This sunny and efficient studio with private patio at The 505 is outfitted with a sleek kitchen which includes marble countertops, a gas cook top, LG refrigerator and in-unit washer/dryer. There is also a Bosch 2-in-1 microwave/oven and dishwasher. Bathroom finishes include marble wall tiles, marble sink top, Kohler fixtures and a rain showerhead.

Building amenities include a greenhouse fitness center, live-in resident manager, two rooftop gardens, a Zen courtyard, bicycle room and a 24-hour doorman and concierge.

Please note this condo requires board approval.

There is an assessment until December 2025. It is $583.47 per month.

Also, there is a tenant in the unit currently so any and all investors are welcome. Tenant will leave as soon as unit is sold unless the investor wants to keep him.

This is a very private apartment with easy access unit in the building.

Listing Agent

Vincent Rocco

Brown Harris Stevens Residential Sales LLC License #30RO0951494 Listed on: 10/07/2025

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,305

Year Built

  • Built in 2008

HOA Fees

  • $609 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1 Full Bathroom
  • 384 Sq Ft Home
  • Laundry in unit

Additional Features

  • Patio
  • North Facing Home
  • Cooling Available

Listing and Financial Details

  • Tax Block 01076

Community Details

Overview

  • 108 Units
  • High-Rise Condominium
  • The 505 Condos
  • Hells Kitchen Subdivision
  • 7-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,305

Year Built

Built in 2008

Lot Details

0

HOA Fees

$609 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Hells Kitchen
  • Entry Level: 1
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area: 384.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: Patio

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, In Unit
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 609.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Zoning Description: R8

Building Info

  • New Construction: No
  • Building Name: The 505
  • Units: 108
  • Total Stories: 7
  • Year Built: 2008

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01076
  • Tax Lot: 0000

Map

About The 505

Range of Values:

Collateral Analytics

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $6,305 $52,481 $6,725 $45,756
2024 $6,305 $50,432 $6,725 $43,707
2023 $6,234 $49,863 $6,725 $43,138
2022 $5,786 $51,069 $6,725 $44,344
2021 $5,198 $42,375 $6,725 $35,650
2020 $5,482 $47,356 $6,725 $40,631
2019 $4,295 $47,247 $6,725 $40,522
2018 $4,018 $48,961 $6,725 $42,236
2017 $2,847 $38,369 $6,725 $31,644
2016 $2,732 $39,101 $6,724 $32,377
2015 $881 $36,062 $6,725 $29,337
2014 $881 $30,191 $6,724 $23,467
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2025 10/07/25 For Sale $529,000 0.0% $1,378 / Sq Ft
08/10/2025 08/10/25 Off Market $529,000 -- --
07/23/2025 07/23/25 Price Changed $529,000 -3.6% $1,378 / Sq Ft
06/23/2025 06/23/25 Price Changed $549,000 -2.0% $1,430 / Sq Ft
04/05/2025 04/05/25 Price Changed $560,000 -2.6% $1,458 / Sq Ft
04/04/2025 04/04/25 For Sale $575,000 0.0% $1,497 / Sq Ft
04/03/2025 04/03/25 Off Market $575,000 -- --
12/17/2024 12/17/24 For Sale $575,000 0.0% $1,497 / Sq Ft
11/18/2024 11/18/24 Off Market $575,000 -- --
06/12/2024 06/12/24 For Sale $575,000 0.0% $1,497 / Sq Ft
12/18/2017 12/18/17 Rented -- -- --
11/18/2017 11/18/17 Under Contract -- -- --
11/14/2017 11/14/17 For Rent $2,500 -3.8% --
06/23/2017 06/23/17 Rented -- -- --
05/24/2017 05/24/17 Under Contract -- -- --
05/10/2017 05/10/17 For Rent $2,600 -- --
11/01/2016 11/01/16 Rented -- -- --
10/02/2016 10/02/16 Under Contract -- -- --
09/21/2016 09/21/16 For Rent -- -- --
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $414,219 --
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10970632

Real Estate Board of New York (REBNY)

APN: 1076-1060

New York New York County New York 10019 Hell's Kitchen

505 W 47th St Unit 1GN, New York, NY

This home is located at 505 W 47th St Unit 1GN, New York, NY 10036 and is currently priced at $529,000, approximately $1,377 per square foot. This property was built in 2008. 505 W 47th St Unit 1GN is a home located in New York County with nearby schools including P.S. 51 Elias Howe, Clinton School, and Middle School 297.

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 to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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Vincent Rocco
Listing Agent
Vincent Rocco
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Brown Harris Stevens Residential Sales LLC
(212) 381-2447