500 W 43rd St #40CD
About This Property
This large dramatic 1895 sq ft 3 bedroom 4 bath combination apartment is currently set up as 2 bedrooms and a den. Imagine waking up to streaming sunlight though walls of windows with North/South/East/West exposures. Â
A gracious foyer with a coved ceiling leads you into this grand space. Â Perfect for entertaining, there is an amazing double living room with 10' ceilings that opens on to a formal dining room. This glorious room comfortably seats 16.
An extra large kitchen is perfect for a true cook. There is exceptional storage, double refrigerators, stoves and dishwashers. Next to the kitchen is a home office with a bathroom. This can easily be converted to a maid's room.
The spacious southern facing master bedroom suite features a large walk-in closet/dressing room, back to back bathrooms one with a bathtub and the 2nd with a stall shower.
This beautiful home must be seen! See alternate floor plan for possible 3-4 bedrooms.
The Strand is a full service building  with a roof top health club, Jacuzzi, steam & sauna rooms, pool, residents lounge, outdoor space, common storage, bike room and garage. It is also pet friendly.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 10, 2012 | Listed by Elliman | $2,375,000 | |
Listed by Elliman |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/20/2024
|
1 Bed
|
1 Bath
|
679 ft²
|
$925,000
1 Bed
1 Bath
679 ft²
|
$900,000
-2.70%
09/27/2024
|
-
|
Anita Fischer
Anita Fischer Realty, LLC
|
|
10/12/2023
|
1 Bed
|
1 Bath
|
679 ft²
|
$825,000
1 Bed
1 Bath
679 ft²
|
$800,000
-3.03%
04/09/2024
|
-
|
Alan Cutler
Elliman
|
|
07/05/2023
|
1 Bed
|
1 Bath
|
679 ft²
|
$949,000
1 Bed
1 Bath
679 ft²
|
$855,000
-9.91%
12/14/2023
|
Anita Fischer
Fischer Group Realty LLC
|
||
06/29/2023
|
1 Bed
|
1 Bath
|
679 ft²
|
$799,000
1 Bed
1 Bath
679 ft²
|
$770,000
-3.63%
09/22/2023
|
Anita Fischer
Fischer Group Realty LLC
|
||
06/04/2023
|
1 Bed
|
1 Bath
|
675 ft²
|
$835,000
1 Bed
1 Bath
675 ft²
|
$825,000
-1.20%
01/23/2024
|
Jessica Hunt
Compass
|
||
01/25/2023
|
2 Bed
|
3 Bath
|
1228 ft²
|
$1,895,000
2 Bed
3 Bath
1228 ft²
|
$1,850,000
-2.37%
04/19/2023
|
Emily Stein
Corcoran Group
|
||
01/25/2023
|
1 Bed
|
1 Bath
|
765 ft²
|
$1,145,000
1 Bed
1 Bath
765 ft²
|
$1,065,000
-6.99%
07/11/2023
|
Emily Stein
Corcoran Group
|
||
11/05/2022
|
1 Bed
|
2 Bath
|
838 ft²
|
$1,150,000
1 Bed
2 Bath
838 ft²
|
$1,022,000
-11.13%
02/22/2023
|
Anita Fischer
Fischer Group Realty LLC
|
||
09/16/2022
|
1 Bed
|
1 Bath
|
-
|
$935,000
1 Bed
1 Bath
|
$820,000
-12.30%
02/13/2023
|
Hudson Lloyd
Brown Harris Stevens Residential Sales LLC
|
||
09/09/2022
|
1 Bed
|
1 Bath
|
679 ft²
|
$850,000
1 Bed
1 Bath
679 ft²
|
$835,000
-1.76%
12/20/2022
|
Jessica Hunt
Compass
|
||
08/01/2022
|
1 Bed
|
1 Bath
|
679 ft²
|
$850,000
1 Bed
1 Bath
679 ft²
|
$775,000
-8.82%
12/16/2022
|
Toshiyuki Takahashi
T & T REAL ESTATE INC
|
||
07/20/2022
|
Studio
|
1 Bath
|
390 ft²
|
$599,000
Studio
1 Bath
390 ft²
|
$610,000
+1.84%
09/21/2022
|
Anita Fischer
Fischer Group Realty LLC
|
||
06/27/2022
|
1 Bed
|
1 Bath
|
680 ft²
|
$930,000
1 Bed
1 Bath
680 ft²
|
$785,000
-15.59%
01/19/2023
|
Paul McWilliams
Corcoran Group
|
||
06/18/2022
|
1 Bed
|
1 Bath
|
675 ft²
|
$1,095,000
1 Bed
1 Bath
675 ft²
|
$960,000
-12.33%
08/23/2022
|
Anita Fischer
Fischer Group Realty LLC
|
||
06/09/2022
|
1 Bed
|
2 Bath
|
765 ft²
|
$995,000
1 Bed
2 Bath
765 ft²
|
$995,000
09/16/2022
|
Michael DiStasio
Elegran LLC
|
||
05/12/2022
|
Studio
|
1 Bath
|
390 ft²
|
$535,050
Studio
1 Bath
390 ft²
|
$577,000
+7.84%
12/19/2022
|
GLENN CONNOLLY
Compass
|
||
03/22/2022
|
1 Bed
|
1 Bath
|
679 ft²
|
$849,000
1 Bed
1 Bath
679 ft²
|
$925,000
+8.95%
07/06/2022
|
Anita Fischer
Fischer Group Realty LLC
|
||
03/15/2022
|
Studio
|
1 Bath
|
435 ft²
|
$629,000
Studio
1 Bath
435 ft²
|
$575,000
-8.59%
11/22/2022
|
Mert Basol
Fischer Group Realty LLC
|
||
03/14/2022
|
Studio
|
1 Bath
|
415 ft²
|
$599,000
Studio
1 Bath
415 ft²
|
$650,000
+8.51%
06/17/2022
|
Mert Basol
Fischer Group Realty LLC
|
||
02/18/2022
|
2 Bed
|
2 Bath
|
1035 ft²
|
$1,499,000
2 Bed
2 Bath
1035 ft²
|
$1,500,000
+0.07%
04/18/2022
|
Mert Basol
Fischer Group Realty LLC
|
||
02/14/2022
|
Studio
|
1 Bath
|
415 ft²
|
$575,000
Studio
1 Bath
415 ft²
|
$599,000
+4.17%
05/16/2022
|
Hatsue Honda
T & T REAL ESTATE INC
|
||
12/01/2021
|
1 Bed
|
1 Bath
|
415 ft²
|
$549,500
1 Bed
1 Bath
415 ft²
|
$620,000
+12.83%
04/13/2022
|
Natalie Mosco
Douglas Elliman Real Estate
|
||
10/28/2021
|
1 Bed
|
1 Bath
|
675 ft²
|
$870,000
1 Bed
1 Bath
675 ft²
|
$850,000
-2.30%
06/06/2022
|
Clinton B Stowe
Compass
|
||
07/06/2021
|
1 Bed
|
1 Bath
|
765 ft²
|
$925,000
1 Bed
1 Bath
765 ft²
|
$875,000
-5.41%
10/26/2021
|
Mert Basol
Fischer Group Realty LLC
|
||
06/17/2021
|
Studio
|
1 Bath
|
390 ft²
|
$589,000
Studio
1 Bath
390 ft²
|
$590,000
+0.17%
01/28/2022
|
Gregory Balderacchi
Homelister Inc
|
||
06/15/2021
|
1 Bed
|
1 Bath
|
765 ft²
|
$925,000
1 Bed
1 Bath
765 ft²
|
$925,000
10/12/2021
|
Nadia Bartolucci
Douglas Elliman Real Estate
|
||
06/14/2021
|
1 Bed
|
1 Bath
|
680 ft²
|
$925,000
1 Bed
1 Bath
680 ft²
|
$910,000
-1.62%
01/20/2022
|
Shawn Felker
Corcoran Group
|
||
05/12/2021
|
1 Bed
|
1 Bath
|
695 ft²
|
$899,000
1 Bed
1 Bath
695 ft²
|
$885,000
-1.56%
07/26/2021
|
Ellen S. Simon
Weichert Properties
|
||
04/23/2021
|
Studio
|
1 Bath
|
415 ft²
|
$595,000
Studio
1 Bath
415 ft²
|
$550,000
-7.56%
09/29/2021
|
Justine M. Bray
Brown Harris Stevens Residential Sales LLC
|
||
04/22/2021
|
1 Bed
|
1 Bath
|
679 ft²
|
$825,000
1 Bed
1 Bath
679 ft²
|
$775,000
-6.06%
08/19/2021
|
Mert Basol
Fischer Group Realty LLC
|
||
04/22/2021
|
1 Bed
|
2 Bath
|
838 ft²
|
$995,000
1 Bed
2 Bath
838 ft²
|
$975,000
-2.01%
08/09/2021
|
Mert Basol
Fischer Group Realty LLC
|
||
03/17/2021
|
2 Bed
|
3 Bath
|
1228 ft²
|
$1,550,000
2 Bed
3 Bath
1228 ft²
|
$1,300,000
-16.13%
09/03/2021
|
Larry Lubin
Ann Ferguson LLC
|
||
01/19/2021
|
Studio
|
1 Bath
|
435 ft²
|
$515,000
Studio
1 Bath
435 ft²
|
$458,000
-11.07%
07/29/2021
|
Anita Fischer
Fischer Group Realty LLC
|
||
01/13/2021
|
1 Bed
|
1 Bath
|
650 ft²
|
$750,000
1 Bed
1 Bath
650 ft²
|
$722,500
-3.67%
05/19/2021
|
Mert Basol
Fischer Group Realty LLC
|
||
01/06/2021
|
Studio
|
1 Bath
|
435 ft²
|
$499,000
Studio
1 Bath
435 ft²
|
$533,500
+6.91%
05/13/2021
|
Mert Basol
Fischer Group Realty LLC
|
||
09/17/2020
|
1 Bed
|
1 Bath
|
679 ft²
|
$775,000
1 Bed
1 Bath
679 ft²
|
$690,000
-10.97%
03/19/2021
|
Anita Fischer
Fischer Group Realty LLC
|
||
09/14/2020
|
1 Bed
|
1 Bath
|
679 ft²
|
$799,000
1 Bed
1 Bath
679 ft²
|
$769,000
-3.75%
02/09/2021
|
Christina Visca
Compass
|
||
09/10/2020
|
2 Bed
|
2 Bath
|
1035 ft²
|
$1,350,000
2 Bed
2 Bath
1035 ft²
|
$1,285,000
-4.81%
12/24/2020
|
Emily Stein
Corcoran Group
|
||
08/11/2020
|
1 Bed
|
1 Bath
|
765 ft²
|
$995,000
1 Bed
1 Bath
765 ft²
|
$925,000
-7.04%
12/22/2020
|
Anita Fischer
Fischer Group Realty LLC
|
||
08/11/2020
|
1 Bed
|
1 Bath
|
679 ft²
|
$895,000
1 Bed
1 Bath
679 ft²
|
$857,000
-4.25%
11/06/2020
|
Mert Basol
Fischer Group Realty LLC
|
||
07/07/2020
|
1 Bed
|
1 Bath
|
765 ft²
|
$875,000
1 Bed
1 Bath
765 ft²
|
$860,000
-1.71%
12/02/2020
|
Mert Basol
Fischer Group Realty LLC
|
||
07/07/2020
|
1 Bed
|
1 Bath
|
679 ft²
|
$830,000
1 Bed
1 Bath
679 ft²
|
$835,000
+0.60%
09/11/2020
|
Mert Basol
Fischer Group Realty LLC
|
||
06/21/2020
|
1 Bed
|
1 Bath
|
675 ft²
|
$795,000
1 Bed
1 Bath
675 ft²
|
$720,000
-9.43%
04/20/2021
|
John Campbell
Douglas Elliman Real Estate
|
||
03/12/2020
|