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for saleRealtyLens property overview
$1,350,000

505 W 47th St Apt 5BN

Manhattan, NY, 10036
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2Beds
2Baths
951Sqft
$1420$/sqft

Listing Notes

Apartment 5BN is a beautiful two-bedroom, two-bath residence offering just shy of 1, 000 square feet of interior space, and a 50-square-foot private balcony for both relaxing and entertaining. The primary suite features a spacious walk-in closet and a private bathroom with double sinks and ample storage. The second full bedroom is generously proportioned. A well-designed living and dining area flows seamlessly into a large open kitchen, outfitted with appliances from Miele, LG, Bosch, and Fisher & Paykel, along with marble countertops. Bathrooms are finished with porcelain wall tiles, marble vanities, Kohler fixtures, rain shower heads, and custom cabinetry. Additional highlights include bamboo wood flooring throughout the living and dining areas, an in-unit Bosch washer/dryer, and abundant natural light from south-facing windows. Despite its brightness, the home remains quiet and serene, overlooking the buildings beautifully landscaped courtyard. The 505 is a luxury boutique condominium offering a full-service experience, including a 24-hour doorman/concierge and a live-in resident manager. Amenities include a fitness center housed within a greenhouse-style structure, a tranquil courtyard garden, two landscaped rooftop terraces with lounge and dining areas, barbecues, bike storage, private storage, and laundry facilities. Designed by the acclaimed firm H. Thomas O'Hara, The 505 is modern sophistication, creating a thoughtful living environment. Ideally located near the Theater District, Midtown's business core, Hudson River Park, and Hudson Yards, residents enjoy convenient access to dining, shopping, and transportation options, including the A/C/E, N/R/W, and 1, 2, 3, and 7 subway lines. At The 505, there is a beat that can't be seen anywhere else.

Market Insights

Above nearby median+8.6%

$1420/sqft vs a nearby median of $1307/sqft.

Nearby median$1307/sqft
Nearby properties12
Property size951 sqft
  • +8.6% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 951 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.17M$1.07M$1.27M · 51% confidence
vs ask $1.35M+$179k (+13.3%)

Asking price is about 13.3% above where comps + adjustments land — there is room to negotiate.

$1,213/sqft median across 5 tight comps × 951 sqft= $1.15M
  • Modern construction+$17k +1.5%
  • Transit access+$6k +0.5%
  • Visible condition issues−$6k −0.5%
Cumulative NYC adjustments+$17k+1.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position+8.6% 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
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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
26 days
Last price change
No change recorded
Listed
Apr 16, 2026
Photos
13 photos
Property type
condos
Status
for sale
Last sold
May 3, 2010 · $995,000

Features & Amenities

DoormanElevatorTwo Or More StoriesGarage 1 Or MoreModern KitchenLarge KitchenOpen KitchenPrivate BathroomGreenhouseWalk In ClosetBalconyHardwood FloorsDenShopping

Photos

Building Facts

Year built
2008
Stories
7
Total units
108
Residential units
108
Building area
1.69 ac
Lot size
20,100 sqft
Land use
Multi-family elevator buildings
Building class
R4

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,350,000for 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.