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Studio Residential Income Property
For Sale
$530,000

505 W 47th Street 1-FN, New York City, NY 10036

Well-appointed studio with private terrace, upscale finishes, in-unit laundry, and access to extensive building amenities.

Property Size384 SF
Price / SF$1,380
Days on Market540

Property Features for 505 W 47th Street 1-FN

General Information

Standard status Active
Size 384 SF
Property subtype Apartment

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $5,040

Amenities

private terrace
roof decks
Zen garden
fitness center
live-in resident manager
24-hour doorman
washer/dryer

Building Details

Building Size 384 SF
Year Built 2008
Listing Agency: Howard Hanna NYC
Listed By: David Cline
Source: Howardhannanyc
Added: Apr 3, 2025 Changed: Sep 24 Last Checked: Sep 24 at 5:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna NYC

Investment Insights

Based on property information with market context.

This 384-square-foot studio at 505 W 47th Street features an open loft-style interior with high ceilings and room for sleeping, living, dining, and workspace areas. A private terrace extends the living space, while the kitchen includes marble countertops and appliances by Miele, LG, Bosch, and Fisher & Paykel. The bathroom is finished with Zebrano wall tiles, Kohler fixtures, Pegasus Waterworks components, a Rocky River marble countertop, and custom cabinetry. A washer and dryer are included within the residence.

Completed in 2008, the building provides two roof decks, a Zen garden, fitness center, live-in resident manager, and 24-hour doorman service. The property is located in New York City, NY 10036 and is offered as a residential income property.

Key Highlights

  • 384‑square‑foot studio with loft‑style ceilings
  • Private terrace with city views
  • Kitchen with marble countertops and Miele, LG, Bosch, and Fisher & Paykel appliances

Property Analytics

Current Use

505 W 47 ... Condominium Complex

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Adult Day Care Buffet Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

28,628
Businesses Nearby

Demographics for 10036, NY

33,868
Population
22,473
Households
1.5
Avg Household Size
37
Median Age
69%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
84,670
Density / Sq Mi
$100,225
Median Household Income
$86,122
Median Earnings
$2,301
Median Rent
$988,000
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - Well-appointed studio with private terrace, upscale finishes, in-unit laundry, and access to extensive building amenities.
Where is this residential income property located?
The property is located at 505 W 47th Street 1-FN New York City, NY.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: 384‑square‑foot studio with loft‑style ceilings; Private terrace with city views; Kitchen with marble countertops and Miele, LG, Bosch, and Fisher & Paykel appliances
More about this property
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