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In Contract

The 505, 505 West 47th Street, #2ES

$750,000 ($1,089 per ft2) | 1 bed, 1 bath | Approx. 689 ft2
Building Profile  | 
74 days on Market

Key Details

  • Listed: Sep 10, 2024
    Days on Market: 74
    Building Type: Condominium
    Neighborhood: Midtown West (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $1,006
Monthly Real Estate Taxes: $706
Total Taxes & Fees: $1,712 ($2.48/ft2)
Est. Monthly Mortgage: $3,996
Total Est. Monthly Carrying Cost: $5,708 ($8.28/ft2)
Note: the above is based on a down payment of 20% ($150,000), which is the minimum amount permitted by the building.

Description

Tenant-occupied. 24-hrs notice required.

Best priced south-facing 1br condo with in-unit washer/dryer and brand new HVAC in prime Hell’s Kitchen!

Natural light shines all day long through large south-facing windows in the living room and king-size bedroom. The open kitchen, by Mastri La Cucina, features appliances by Miele and Bosch, as well as a gorgeous marble countertop. Bathroom finishes include Zebrano porcelain wall tiles, a Rocky River marble countertop, Kohler bath and toilet, a Pegasus faucet and rain shower head, with custom Wenge cabinetry.

Other features of this home include brand new HVACs in both rooms, carbonized bamboo flooring throughout, a gracious entry foyer with a large closet and a Bosch washer/dryer.

Built in 2008, with newly updated hallways, The 505 is a full-service luxury condominium that includes a 24-hour doorman/concierge, two beautifully landscaped roof decks with BBQ grills, a common courtyard, a 24-hour fitness center with updated equipment and bike storage. The location is prime Hell’s Kitchen, close to transit (A/C/E, N/R/W, 1/2/3/7), the Theater District, Midtown, Hudson River Park, and all the amazing restaurants, cafes, bars and boutiques that make it such a great place to live.

Real estate taxes reflect the co-op/condo tax abatement for primary residents.

Assessment through November 2025 for roof repairs and reserve replenishment

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Listing courtesy of Digs Realty Group LLC

Pricing History

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About The 505, 505 West 47th Street

58

The 505, 505 West 47th Street has received a CityRealty Rating of 58, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

18
Out of 44
+
20
Out of 36
+
13
Out of 39
+
7
=
58
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unrelated Base 0 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Average Mix 2 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Bland 1 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
6-10 Short Blocks 1 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
None 0 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • Post War
  • Central AC
  • Garden
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Mail Room
  • Fitness Center
  • Rooftop Terrace
  • Outdoor Entertainment Space
  • Courtyard
  • In-Unit Washer/Dryer
  • Bike Room
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Entrance marquee
  • Gym
  • Doorman
  • Roof decks
Cons
  • Many apartments
  • No balconies
  • No sidewalk landscaping
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Subways

  1. C
  2. E
at 8th Ave and 51st 0.41 miles
  1. S
  2. 1
  3. 2
  4. 3
  5. N
  6. Q
  7. R
  8. A
  9. 7
at 8th Ave and 44th 0.46 miles

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