$450,000
Updated 3 months ago
Off Market

498 West 55th Street, 5-S

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

3 Rooms1 Bed1 BathCo-op

$450,000
Maintenance$600

Listing Features

  • Exposed Brick
  • Hardwood Floors
  • Penthouse/Top Flr
  • Eat-in Kitchen
  • S Steel Appliances
  • Windowed Kitchen

Building Amenities

  • Voice Intercom
  • Bike Storage
  • Courtyard
  • Grilling Stations

Property Description for 498 West 55th Street, 5-S

Welcome to 498 W 55th St, a charming pin-drop quiet HDFC co-op residence located in the heart of Hell's Kitchen. This top floor one-bedroom, one-bathroom home is an excellent opportunity for an owner with creative vision. As you step inside, you'll be greeted by the warm ambiance of hardwood floors that flow throughout the home, The flexible layout includes three well-proportioned rooms, providing ample space for both living and entertaining. The eat-in kitchen is a standout feature, offering a cozy and practical area to prepare and enjoy meals. It’s ideal for those who appreciate both culinary endeavors and casual dining at home. Venture outside to discover the building’s shared barbecue area, perfect for enjoying an evening meal or socializing with neighbors. For your convenience, the property also offers access to a common storage area. Located in a vibrant neighborhood, this co-op is surrounded by all the conveniences Manhattan has to offer. Income restrictions apply. Gifting is allowed.

Listing History for 498 West 55th Street, 5-S

Now
05/11/2026
POM by Sumi Vatsa
Compass
02/17/2026
$450,000
Initial Price by Sumi Vatsa
Compass

Building Details for 498 West 55th Street

OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts5/44
Learn More About the Building

Transit and Citi Bike

Subway

59 St-Columbus Circle
0.43 miles
50 St
0.43 miles

Citi Bike

W 56 St & 10 Ave
0.08 miles
W 53 St & 10 Ave
0.09 miles

Contact Agents

Contact Agents

Sumi Vatsa
Compass

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: 2167341