Seller's Agent in 2025
Kathryn Quinton
ENGEL & VOLKERS NEW YORK CITY
(646) 543-5429
1 in this area
6 Total Sales
--
Bed
1
Bath
442
Sq Ft
$669/mo
HOA Fee
Highlights
- City View
- Wood Flooring
- Laundry closet
- Clinton School Rated A
- Elevator
- 1-minute walk to Hell's Kitchen Park
About This Home
As of July 2025This recently updated studio apartment faces south and receives tremendous direct sun light. 5BS features an open kitchen with marble counters, a Miele four-burner gas stovetop, Bosch dishwasher, LG refrigerator and your own FULL SIZED Bosch washer and dryer. Central A/C & heat, hardwood flooring throughout and floor to ceiling windows. An oversized, walk-in closet with custom shelving and storage system make this pristine apartment the ideal choice. The building offers a 24-hour doorman/concierge, a wonderfully landscaped courtyard and two roof deck spaces which include wifi, barbecue grills, lounge furniture and tables. The building allows both FIOS and Spectrum wifi/cable. Both roof decks are fully landscaped with spectacular 360 degree views of Midtown, the Hudson River and down to the Financial District. The building also offers a glass enclosed 24-hour fitness center, bike storage, and a live-in resident manager.
The neighborhood is filled with fantastic restaurants and lounges on Ninth and Tenth Avenues and multiple transportation options. Also within strolling distance to the Theater District, Midtown Business district, Hudson Yards, Hudson River Park/ West Side Highway, Columbus Circle, Central Park, the High Line & more. The 505 Condominiums (505 West 47th Street) Building Details
-24-hour Doorman/Concierge at Attended Lobby
-Live-in Resident Manager
-Building Courtyard
-Roof Gardens
-Fitness Center
-Laundry Contact us today to schedule your exclusive showing!
Last Agent to Sell the Property
ENGEL & VOLKERS NEW YORK CITY License #10401239949 Listed on: 03/28/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,453
Year Built
- Built in 2008
Lot Details
- South Facing Home
HOA Fees
- $669 Monthly HOA Fees
Interior Spaces
- 1 Full Bathroom
- 442 Sq Ft Home
- Wood Flooring
Kitchen
- Range Hood
- Dishwasher
Laundry
- Laundry closet
- Dryer
- Washer
Listing and Financial Details
- Legal Lot and Block 7501 / 01076
Community Details
Overview
- 108 Units
- High-Rise Condominium
- The 505 Condos
- Hells Kitchen Subdivision
- 7-Story Property
Amenities
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2025
Closed on
Jul 23, 2025
Sold by
Renovare Holdings Llc
Bought by
Simpson Benjamin
Seller's Agent
Kathryn Quinton
ENGEL & VOLKERS NEW YORK CITY
List Price
$625,000
Sold Price
$603,700
Premium/Discount to List
-$21,300
-3.41%
Views
13
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
$22,606
Avg. Annual Appreciation
8.71%
Original Mortgage
$482,960
Outstanding Balance
$481,720
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$144,586
Purchase Details
Listed on
May 2, 2022
Closed on
Sep 1, 2022
Sold by
Barman Neil
Bought by
Renovare Holdings Llc
Seller's Agent
Vincent Rocco
Brown Harris Stevens Residential Sales LLC
List Price
$649,000
Sold Price
$577,000
Premium/Discount to List
-$72,000
-11.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.57%
Original Mortgage
$400,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 1, 2009
Sold by
Lev Parkview Developers Llc
Bought by
Barman Neil
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $603,700 | -- | |
| Deed | $577,000 | -- | |
| Deed | $499,000 | -- | |
| Deed | $499,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $482,960 | Purchase Money Mortgage | |
| Previous Owner | $400,000 | Purchase Money Mortgage | |
| Previous Owner | $389,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/23/2025 07/23/25 | Sold | $603,700 | -3.4% | $1,366 / Sq Ft | |
| 05/19/2025 05/19/25 | Pending | -- | -- | -- | |
| 03/28/2025 03/28/25 | For Sale | $625,000 | 0.0% | $1,414 / Sq Ft | |
| 06/07/2023 06/07/23 | Rented | $3,280 | +0.9% | -- | |
| 04/19/2023 04/19/23 | Under Contract | -- | -- | -- | |
| 04/12/2023 04/12/23 | For Rent | $3,250 | 0.0% | -- | |
| 12/08/2022 12/08/22 | Off Market | $577,000 | -- | -- | |
| 08/31/2022 08/31/22 | Sold | $577,000 | -3.7% | -- | View Prior Sale |
| 07/13/2022 07/13/22 | Pending | -- | -- | -- | |
| 06/11/2022 06/11/22 | Price Changed | $599,000 | -4.2% | -- | |
| 05/26/2022 05/26/22 | Price Changed | $625,000 | -3.7% | -- | |
| 05/02/2022 05/02/22 | For Sale | $649,000 | -- | -- |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $6,445 | $53,645 | $6,874 | $46,771 |
| 2024 | $6,445 | $51,550 | $6,874 | $44,676 |
| 2023 | $6,252 | $50,969 | $6,874 | $44,095 |
| 2022 | $4,891 | $52,203 | $6,874 | $45,329 |
| 2021 | $5,313 | $43,315 | $6,874 | $36,441 |
| 2020 | $5,636 | $48,406 | $6,874 | $41,532 |
| 2019 | $4,425 | $48,295 | $6,874 | $41,421 |
| 2018 | $4,096 | $50,047 | $6,874 | $43,173 |
| 2017 | $2,901 | $39,220 | $6,874 | $32,346 |
| 2016 | $2,784 | $39,969 | $6,874 | $33,095 |
| 2015 | $900 | $36,862 | $6,874 | $29,988 |
| 2014 | $900 | $30,311 | $6,874 | $23,437 |
Source: Public Records
Agents Affiliated with this Home
-
Kathryn Quinton
-
Vincent Rocco
Seller's Agent in 2022
Vincent Rocco
Brown Harris Stevens Residential Sales LLC
(212) 381-2447
9 in this area
10 Total Sales
About The 505
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20012434
APN: 1076-1034
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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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