RealtyLens
for saleRealtyLens property overview
$554,000

505 W 47th St Apt 1FN

Manhattan, NY, 10036
View more Manhattan, NY property pages
StudioBeds
1Baths
384Sqft
$1443$/sqft

Listing Notes

Welcome to 505 West 47th Street, a stunning studio that perfectly blends luxury, convenience, and tranquility. This meticulously maintained home offers an exceptional living experience with top-tier finishes and a thoughtfully designed layout. As you step inside, youre greeted by soaring loft-like ceilings that create an open and airy atmosphere. The spacious living area easily accommodates a queen or king-sized bed, a desk, and a dining table, allowing for both comfort and functionality. A separate door leads to your own private terrace, where you can relax and take in beautiful city views. The sleek kitchen, designed by Mastri La Cucina, is a chefs dream, featuring top-of-the-line appliances from Miele, LG, Bosch, and Fisher & Paykel, along with elegant marble countertops. A washer/dryer is also included for ultimate convenience. The spa-like bathroom exudes sophistication with Zebrano wall tiles, Kohler fixtures, Pegasus waterworks, a Rocky River marble countertop, and custom cabinetry, making it a true retreat. Beyond the apartment, the building offers exceptional amenities, including two breathtaking roof decks with panoramic city views, a serene Zen garden, a state-of-the-art fitness center, and a dedicated live-in resident manager. A 24-hour doorman ensures convenience. Whether you're looking for a primary residence, a pied--terre, or an investment property, this home is a perfect choice. Dont miss your chance to own this urban retreat!

Market Insights

Above nearby median+65%

$1443/sqft vs a nearby median of $873/sqft.

Nearby median$873/sqft
Nearby properties8
Property size384 sqft
  • +65% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 384 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$335k$299k$371k · 33% confidence
vs ask $554k+$219k (+39.5%)

Asking price is about 39.5% above where comps + adjustments land — there is room to negotiate.

$873/sqft median across 4 tight comps × 384 sqft= $335k
  • Days-on-market gravity−$10k −3.0%
  • High-density walkability+$7k +2.0%
  • Modern construction+$5k +1.5%
  • Virtually staged−$3k −1.0%
  • Transit access+$2k +0.5%
Cumulative NYC adjustments+$0+0.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position+65% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
404 days
Last price change
No change recorded
Listed
Apr 3, 2025
Photos
12 photos
Property type
condos
Status
for sale
Last sold
Nov 10, 2021 · $530,000

Features & Amenities

ElevatorLaundry RoomPets AllowedInvestment Opportunity

Photos

Building Facts

Year built
2008
Stories
7
Total units
108
Residential units
108
Building area
1.69 ac
Lot size
20,083 sqft
Land use
Multi-family elevator buildings
Building class
R4

From NYC public records where available.

Price History

May 4, 2026Initial record
$554,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.