$600,000

Estimated payment $4,488/month

Total Views 249
-- Bed
1 Bath
423 Sq Ft
$1,418 Price per Sq Ft

Highlights

  • Soaking Tub
  • South Facing Home
  • 1-minute walk to Hell's Kitchen Park
  • Clinton School Rated A
  • No Heating

About This Home

Investment Opportunity – Tenant in Place for 2 Years

Welcome to this sun-drenched studio in the heart of Hell’s Kitchen. Featuring oversized windows and bamboo flooring throughout, this south-facing residence offers abundant natural light and open city views.

The sleek kitchen by Mastri La Cucina is outfitted with marble countertops and premium appliances by Miele and LG, including an in-unit washer and dryer. The spa-like bathroom is appointed with Zebrano wall tiles, a Rocky River marble sink, Kohler fixtures, and a luxurious rain showerhead.

505 Condominium offers a full suite of amenities including a glass-enclosed fitness center, two landscaped rooftop gardens, a tranquil Zen courtyard, bike storage, laundry facilities, a 24-hour doorman and concierge, and a live-in superintendent. Ideally located near major subway lines (A, C, E, 1, N, R, W) and some of NYC’s best dining, nightlife, and entertainment. Please note: There is an ongoing monthly assessment of $66 for the purpose of capital reserves.

Listing Agent

Nasya Boudreau

Compass License #10401319286 Listed on: 08/22/2025

Compass

Co-Listing Agent

Boris Sharapan Fabrikant

Compass License #10301208445

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,660

Year Built

  • Built in 2008

HOA Fees

  • $664 Monthly HOA Fees

Home Design

  • 423 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Soaking Tub

Utilities

  • No Cooling
  • No Heating

Additional Features

  • Laundry in unit
  • South Facing Home

Listing and Financial Details

  • Legal Lot and Block 1010 / 01076

Community Details

Overview

  • 108 Units
  • Hell's Kitchen Subdivision
  • 7-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,660

Year Built

Built in 2008

Lot Details

0

HOA Fees

$664 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Hell's Kitchen
  • Entry Level: 2
  • Structure Type: Multi Family
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Features: Soaking Tub
  • Fireplace: No
  • Living Area: 423.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: No

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, Common Area, In Unit
  • Green Building Features: Elevator(s)
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 664.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 100.000000x200.830000

Building Info

  • New Construction: No
  • Units: 108
  • Total Stories: 7
  • Year Built: 2008

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01076
  • Tax Lot: 1010
  • Tax Annual: 6660.0

Map

Range of Values:

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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 $6,397 $53,250 $6,823 $46,427
2024 $6,397 $51,170 $6,823 $44,347
2023 $6,206 $50,593 $6,823 $43,770
2022 $5,884 $51,818 $6,823 $44,995
2021 $5,274 $42,996 $6,823 $36,173
2020 $5,595 $48,049 $6,823 $41,226
2019 $4,392 $47,940 $6,823 $41,117
2018 $4,077 $49,679 $6,823 $42,856
2017 $2,888 $38,932 $6,824 $32,108
2016 $2,772 $39,675 $6,824 $32,851
2015 $894 $36,591 $6,823 $29,768
2014 $894 $30,634 $6,823 $23,811
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $600,000 0.0% $1,418 / Sq Ft
05/22/2025 05/22/25 Rented $3,350 0.0% --
05/02/2025 05/02/25 Under Contract -- -- --
04/16/2025 04/16/25 For Rent $3,350 +3.1% --
06/01/2023 06/01/23 Rented $3,250 0.0% --
04/21/2023 04/21/23 For Rent $3,250 +16.1% --
07/30/2019 07/30/19 For Rent $2,800 -99.5% --
07/30/2019 07/30/19 Rented -- -- --
06/19/2019 06/19/19 Sold $610,000 +2.5% $1,442 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $595,000 -- $1,407 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $610,000 --
Deed $466,440 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $457,500 Purchase Money Mortgage
Previous Owner $8,033 No Value Available
Previous Owner $340,000 No Value Available
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20043997

Real Estate Board of New York (REBNY)

APN: 1076-1010