Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $603,700

Listed at $625,000 · Sold 3.4% below asking · Closed July 23, 2025

505 W 47th Street #5BS
Closed For Sale Condo

$625,000

$1,414 per sq ft

505 W 47th Street #5BS

Hells Kitchen, Manhattan

The 505

MLS® #RLS20012434

RLS at REBNY

Listing by ENGEL & VOLKERS NEW YORK CITY

Studio

1

Bath

442

Sq. Ft.

2008

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 442 sq ft
Lot Size 20,083 sq ft
Year Built 2008
Ownership Condo
HOA/Common Charges $669/mo
Property Taxes $6,453/yr
Neighborhood Hells Kitchen

Property Highlights

  • Views: City
  • Exposure: South facing

Property Details

Type Condo
Ownership Condominium
Total Rooms 1
Baths 1 Full
View City
Exposure South
Pets Yes
Year Built 2008
Living Area 442 sq ft
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Lot Size 20,083 sq ft
Block/Lot 01076/7501

Listing History

Event Date Price Change
Listed Mar 28, 2025 $625,000 -
Currently May 6, 2026 $625,000 -

Description

This 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!

Features & Amenities

Interior Features

Laundry Closet In Unit Flooring: Hardwood

Building Amenities

Elevators

Appliances

Dryer Dishwasher Gas Range Range Hood Stainless Steel Appliances Washer

Building Information

Building The 505
Building Data View Compliance & Permits
Total Units 108
Stories 7
Structure HighRise

Financial Details

Common Charges $669/mo
RE Taxes $6,453/yr ($538/mo)
Sale Price $603,700

Hell's Kitchen, also called Clinton, stretches from 34th to 59th Streets between Eighth Avenue and the Hudson River, featuring a core of five- and six-story brick walk-up apartment buildings alongside newer glass-tower condominiums and converted commercial lofts on the avenues. The 7 train at 34th Street-Hudson Yards, A/C/E at 42nd Street-Port Authority, and N/R/W/1/2/3 at Times Square-42nd Street provide extensive subway access from the neighborhood's eastern edge. DeWitt Clinton Park and the Hudson River Greenway offer green space and a continuous waterfront bike and pedestrian path.

Hells Kitchen Live Market Data

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Active Listings

0

Median Asking Price

N/A

Median $/Sqft

N/A

Avg Days on Market

N/A

New This Week

0

Price Reduced

N/A

Sold (30 Days)

0

Median Sale Price

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Live data from RLS at REBNY • Updated 5/6/26, 10:15 AM EST

Recently Sold in Hells Kitchen

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Location

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505 W 47th Street #5BS, Hells Kitchen, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1936
Year Built
90 years old
3
Floors
6
Residential Units
R6A
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $945,000
Land Value: $113,400
Exemptions: $827,925

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,517 SF
Building Area: 7,494 SF
Built FAR: 2.98
Allowed FAR: 3

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $669 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $6,453, or roughly $538 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 442 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2008, making it approximately 18 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $625,000 for 442 sq ft, the asking price per square foot is approximately $1,414. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20012434
First Listed: 3/28/2025
On Market: 3/28/2025
Price Changed: 3/28/2025
Closed: 7/23/2025
Contract Date: 3/28/2025

Listing Courtesy of ENGEL & VOLKERS NEW YORK CITY - Kathryn Elizabeth Quinton

Listing Contact: (646) 543-5429

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/6/2026 at 2:15 PM UTC

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