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RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

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 and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. New Developments
  3. New York City
  4. Manhattan
  5. 10036
  6. 505 West 47TH Street #1GN
Property thumbnail
1 / 12
★ Sponsor Unit
✓ No Board Approval Required
Condominium•Hell's Kitchen

505 West 47TH Street #1GN, New York City, NY 10036

Listing Courtesy of Brown Harris Stevens Residential Sales LLC

$510,000

Potential Rebate: $7,650

Condominium
Studio
1 Bath
1 Rooms
384 sqft
Built 2008
7 Stories
1,328/ft²
Listed on Oct 7, 2025
80 days on market
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Overview

Tenant has moved out and the apartment is in the process of a complete update, painting, refinishing floors, etc.&nbsp; Brand new.<br> <br> 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. There is also a Bosch 2-in-1 microwave/oven and dishwasher. Bathroom finishes include marble wall tiles, marble sink top, Kohler fixtures and a rain showerhead.<br> <br> 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.<br> Please note this condo requires board approval.<br> <br> This is a very private apartment with easy access unit in the building. <br> <br> <br> <br>

Home Features

  • •In Unit
  • •Building Roof Deck
  • •Private Outdoor Space Under 60 Sqft
  • •Smoke Free
  • •City

Estimated Monthly Payment

$3,129 per month

30 year fixed, 6.28% Interest

Principal and Interest
$2,520
Property Taxes
$0
Maintenance/Common Charges
$609

Estimated Rebate for this Home

One-time rebate at closing

$7,650

Monthly savings impact

$21/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

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Listings

RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

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 and for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Brown Harris Stevens Residential Sales LLC

Data Source: TRESTLE #RLS10970632

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Price Analysis

Compare average listing prices and value metrics for The 505 against the surrounding Hell's Kitchen market.

Based on 3 active units in building vs 147 in area

Average List Price

Building$658.7K
Neighborhood$1.5M

Price Per SqFt

Building Avg$1,225/ft²
Neighborhood Avg$1,398/ft²
Value Opportunity

12.40% Lower

than the Hell's Kitchen price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Hell's Kitchen

Restaurant Row & Nightlife

\n

Hell's Kitchen (Clinton) is vibrant, diverse, and food-focused. It stretches west of the Theater District.

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Real Estate & Housing Market

\n

Walk-up tenements mix with massive new luxury rental towers (like Sky and Silver Towers).

\n

Lifestyle & Community

\n

The dining scene along 9th Ave is legendary. Very popular with the LGBTQ+ community and Broadway actors.

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Transportation & Accessibility

\n

A/C/E at 8th Ave. Port Authority offers buses everywhere.

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Parks, Schools & Amenities

\n

Hudson River Park is the backyard. Intrepid Museum nearby.

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Who This Neighborhood Is Best For

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Best for foodies, theater lovers, and young professionals.

Hell's Kitchen GuideAll Neighborhoods
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