
The 505 505 W 47th St Unit 2BS New York, NY 10036
Hell's Kitchen NeighborhoodEstimated payment $4,488/month
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.
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
Map
About The 505
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $610,000 | -- | |
Deed | $466,440 | -- |
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 |
Similar Homes in the area
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20043997

APN: 1076-1010
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