Updated 5 days ago
228 Views

The 505

505 West 47th Street, 1-GN

Hell's Kitchen, Manhattan | Eleventh Ave & Tenth Ave

Studio 1 Bath384 Square FeetCondo

$575,000
Common Charges$609
RE Taxes$525
Price Per SF
$1,497

Listing Features

  • Ground Floor
  • High Ceilings [10']
  • Washer / Dryer
  • New Windows
  • Convection Oven
  • Dishwasher
  • Microwave
  • Open Kitchen
  • S Steel Appliances

Outdoor space and views

  • Patio [4'x14']
  • City Views
  • North Exposure

Building Amenities

  • Concierge
  • Bike Storage
  • Courtyard
  • Elevator
  • Fitness Facility
  • Garden
  • Laundry Room
  • Roof Deck
  • Storage
  • WiFi

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 505 West 47th Street, 1-GN

This sunny and efficient studio with private patio at The 505 is outfitted with a sleek kitchen which includes marble countertops, a gas cook top, LG refrigerator and in-unit washer/dryer, as well as a Bosch 2-in-1 microwave/oven and dishwasher. Bathroom finishes include marble wall tiles, marble sink top, Kohler fixtures and a rain showerhead. Building amenities include a greenhouse fitness center, live-in resident manager, two rooftop gardens, a Zen courtyard, bicycle room and a 24-hour doorman and concierge. Please note this condo requires board approval.

There is an assessment until December 2024. It is $518.00 per month.

Also, there is a tenant in the unit currently so any and all investors are welcome. Tenant will leave as soon as unit is sold
unless the investor wants to keep him.

This is a very private apartment with easy access unit in the building.

Listing History for 505 West 47th Street, 1-GN

Now
12/17/2024
Back on the Market by Vince Rocco
Brown Harris Stevens
11/16/2024
Expired by Vince Rocco
Brown Harris Stevens

Building Details for 505 West 47th Street

OwnershipCondo
Building TypeLow-Rise
Service LevelConcierge
AgePost-War
AccessElevator
Year Built2008
Financing Allowed90%
Floors/Apts7/108
Learn More About the Building

Transit and Citi Bike

Subway

50 St
0.39 miles
42 St-Port Authority Bus Terminal
0.45 miles

Citi Bike

W 47 St & 10 Ave
0.04 miles
W 50 St & 10 Ave
0.14 miles

Building Availability

APPSF
Median
Average
$1,497
$575,000
$575,000
Last 12 months
$1,270
-
-
$88
$10,900
$10,900
Last 12 months
$79
-
-

Studio in Hell's Kitchen

APPSF
Median
Average
$1,445
$575,000
$558,036
$1,394
$610,000
$649,178

Hell's Kitchen | Manhattan

Quick Profile

There is some mystery surrounding Hell’s Kitchen and how it got its name. There’s the tale about two policemen discussing how horrendous the neighborhood was back in 1880’s. The rookie cop turned to the veteran cop and said, “this place is hell.” The veteran cop replied, “No, this is hell’s kitchen.” Some say it's named after a notorious 19th century motorcycle gang. Even the historians will tell you the neighborhood's name has dubious origins. 

Regardless of how it got its name, Hell’s Kitchen is here to stay.

Hell’s Kitchen is an iconic neighborhood on the west side of Manhattan. Its boundaries are 34th and 59th streets and 8th Avenue to the Hudson River. The neighborhood has a dense urban feel with plenty of bars, bodegas, restaurants and coffee shops. It’s inhabited by an eclectic mix of young professionals, long term residents from the old days, LGBQT community and members of the performing arts community - due to the highest number of off Broadway theatres in all of New York CIty. 

From the early 1800’s to the 1980’s, Hell’s Kitchen held the title for one of the toughest neighborhoods in the city. In its early history it was populated by poor working class Irish and street gangs. Riots, violence, and crime were not uncommon. During prohibition times it was said that Hell’s Kitchen had more speakeasies than children. 

Several attempts of neighborhood rebranding have taken place over the years. Clinton, Midtown West, and even the short-lived Hell’s Canyon are a few of the replacement names that have been used. Hell’s Kitchen has a lot of grit and no shortage of fortitude. A trendy name change seems doubtful. 

Hell’s Kitchen benefited greatly from the Times Square clean up in the 1990’s. When crime rates lowered and adult theatres and prostitution disappeared, Times Square became less sleazier. Soon after, Hell’s Kitchen changed. The days of Gangsters, Irish immigrants, and rough and tumble housing tenements are part of its storied history. They’ve been replaced with bars, bodegas, restaurants, off broadway theatres, and luxury buildings. The recent completion of Hudson Yards and the Highline extension has brought new life into Hell’s Kitchen 

Low-rises, brownstones, row houses and 5 to 6 floor walk ups with studio and one bedroom apartments are common in Hell’s Kitchen. The local zoning laws from previous years kept the building heights on the lower side. Over the past decade, developers have been granted exceptions to building height zoning laws and created more modern highrise developments.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 140719