505 W 43RD Street #4S
About This Property
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 Residences at 505 W 43 are light, bright, and spacious, featuring floor-to-ceiling windows, 5" wide oak plank flooring, white lacquered kitchens with Grohe fixtures and appliances by Thermador and Bosch, and bathrooms with marble floors and Toto fixtures. Many  of 505 W 43's residences feature spacious outdoor terraces and balconies that overlook the property's quiet interior court.
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 Located where Hell's Kitchen meets Hudson Yards, 505 W 43 offers convenient access to many of the city's most dynamic and storied destinations, from vibrant Hudson River Park and Greenway to Midtown and the Theatre District. With one foot amidst the city's  most iconic attractions and another in a quiet and convenient residential neighborhood, 505 W 43 provides the best of iconic New York City living for a wide variety of potential purchasers.
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 4S is a bright and sunny 451 square foot studio residence with a full bath that has 9-foot ceilings and faces north toward midtown Manhattan and has light five-inch oak floors. Three large closets provide a surplus of storage space and the open kitchen features  white lacquer cabinetry and white quartz countertops with Bosch oven, refrigerator, dishwasher, and cooktop. There is also an in-unit Bosch washer and dryer and an InSinkerator food disposal.
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 The complete offering terms are in an Offering Plan available from Successor-Sponsor. File No. CD16-0304. Successor-Sponsor: CW Condo 2 Acquisition LLC, C/O Tishman Realty Partners LLC, 100 Park Avenue, New York, New York 10017. Equal Housing Opportunity.
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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%.
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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.
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Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 22, 2022 | Sold to Edward Wang | $695,000 | |
Sold to Edward Wang | |||
Jan 18, 2022 | Delisted | - | |
Delisted | |||
Oct 29, 2021 | In contract | - | |
In contract | |||
Aug 20, 2021 | Temporarily off market | - | |
Temporarily off market | |||
Jun 23, 2021 | Price Decreased |
$695,000
↓ $55K
(7.3%)
|
|
Price Decreased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/09/2024
|
2 Bed
|
2 Bath
|
1096 ft²
|
$1,750,000
2 Bed
2 Bath
1096 ft²
|
$1,551,336
-11.35%
09/10/2024
|
-
|
Yair Tavivian
Prudential Douglas Elliman Real Estate
|
|
04/29/2024
|
2 Bed
|
2 Bath
|
1096 ft²
|
$1,775,000
2 Bed
2 Bath
1096 ft²
|
$1,404,291
-20.89%
10/30/2024
|
-
|
Yair Tavivian
Prudential Douglas Elliman Real Estate
|
|
02/22/2024
|
4 Bed
|
4 Bath
|
2408 ft²
|
$4,150,000
4 Bed
4 Bath
2408 ft²
|
$3,675,000
-11.45%
05/29/2024
|
-
|
Shelley Okeefe
Corcoran Group
|
|
11/19/2023
|
2 Bed
|
2 Bath
|
1337 ft²
|
$2,450,000
2 Bed
2 Bath
1337 ft²
|
$2,350,000
-4.08%
12/15/2023
|
Shelley OKeefe
Corcoran Sunshine Marketing Group
|
||
09/26/2023
|
3 Bed
|
2 Bath
|
-
|
$2,695,000
3 Bed
2 Bath
|
$2,550,000
-5.38%
11/30/2023
|
505 W 43 Sales Office
Corcoran Sunshine Marketing Group
|
||
09/18/2023
|
2 Bed
|
2 Bath
|
1051 ft²
|
$1,825,000
2 Bed
2 Bath
1051 ft²
|
$1,750,000
-4.11%
06/11/2024
|
-
|
Shelley Okeefe
Corcoran Group
|
|
09/18/2023
|
3 Bed
|
3 Bath
|
1302 ft²
|
$2,050,000
3 Bed
3 Bath
1302 ft²
|
$1,998,000
-2.54%
05/08/2024
|
-
|
Shelley Okeefe
Corcoran Group
|
|
09/13/2023
|
2 Bed
|
2 Bath
|
-
|
$1,998,000
2 Bed
2 Bath
|
$1,988,000
-0.50%
11/17/2023
|
505 W 43 Sales Office
Corcoran Sunshine Marketing Group
|
||
09/13/2023
|
2 Bed
|
2 Bath
|
1051 ft²
|
$1,755,000
2 Bed
2 Bath
1051 ft²
|
$1,675,000
-4.56%
05/17/2024
|
-
|
Shelley Okeefe
Corcoran Group
|
|
09/13/2023
|
2 Bed
|
2 Bath
|
1057 ft²
|
$1,650,000
2 Bed
2 Bath
1057 ft²
|
$1,650,000
03/28/2024
|
-
|
Shelley Okeefe
Corcoran Group
|
|
09/12/2023
|
1 Bed
|
2 Bath
|
1003 ft²
|
$1,425,000
1 Bed
2 Bath
1003 ft²
|
$1,275,000
-10.53%
11/09/2023
|
Shelley OKeefe
Corcoran Sunshine Marketing Group
|
||
09/12/2023
|
2 Bed
|
2 Bath
|
-
|
$1,635,000
2 Bed
2 Bath
|
$1,585,000
-3.06%
09/27/2023
|
-
|
Shelley Okeefe
Corcoran Group
|
|
06/28/2023
|
2 Bed
|
2 Bath
|
1042 ft²
|
$1,615,000
2 Bed
2 Bath
1042 ft²
|
$1,498,000
-7.24%
11/15/2023
|
Shelley OKeefe
Corcoran Sunshine Marketing Group
|
||
06/28/2023
|
2 Bed
|
2 Bath
|
1098 ft²
|
$1,495,000
2 Bed
2 Bath
1098 ft²
|
$1,475,000
-1.34%
11/06/2023
|
Shelley OKeefe
Corcoran Sunshine Marketing Group
|
||
06/28/2023
|
2 Bed
|
2 Bath
|
1057 ft²
|
$1,825,000
2 Bed
2 Bath
1057 ft²
|
$1,688,000
-7.51%
12/05/2023
|
505 W 43 Sales Office
Corcoran Sunshine Marketing Group
|
||
06/28/2023
|
3 Bed
|
2 Bath
|
1319 ft²
|
$2,125,000
3 Bed
2 Bath
1319 ft²
|
$1,950,000
-8.24%
09/06/2024
|
-
|
Shelley Okeefe
Corcoran Group
|
|
05/22/2023
|
2 Bed
|
2 Bath
|
1220 ft²
|
$1,695,000
2 Bed
2 Bath
1220 ft²
|
$1,695,000
12/25/2023
|
-
|
Marko Arsic
The Corcoran Group
|
|
02/21/2023
|
Studio
|
1 Bath
|
503 ft²
|
$850,000
Studio
1 Bath
503 ft²
|
$749
-99.91%
02/13/2023
|
-
|
Shelley Okeefe
Corcoran Group
|
|
01/06/2023
|
2 Bed
|
2 Bath
|
1164 ft²
|
$1,795,000
2 Bed
2 Bath
1164 ft²
|
$1,831,260
+2.02%
02/21/2023
|
Richard Hottinger
Corcoran Sunshine Marketing Group
|
||
11/02/2022
|
2 Bed
|
2 Bath
|
1172 ft²
|
$1,915,000
2 Bed
2 Bath
1172 ft²
|
$1,790,000
-6.53%
05/22/2023
|
-
|
Shelley Okeefe
Corcoran Group
|
|
11/02/2022
|
2 Bed
|
2 Bath
|
1220 ft²
|
$1,695,000
2 Bed
2 Bath
1220 ft²
|
$1,650,000
-2.65%
03/24/2023
|
Shelley OKeefe
Corcoran Sunshine Marketing Group
|
||
11/02/2022
|
2 Bed
|
2 Bath
|
970 ft²
|
$1,515,000
2 Bed
2 Bath
970 ft²
|
$1,500,000
-0.99%
06/06/2023
|
Marko Arsic
Corcoran Sunshine Marketing Group
|
||
11/02/2022
|
2 Bed
|
2 Bath
|
-
|
$1,775,000
2 Bed
2 Bath
|
$1,775,000
06/08/2023
|
-
|
Shelley Okeefe
Corcoran Group
|
|
10/06/2022
|
2 Bed
|
2 Bath
|
1041 ft²
|
$1,645,000
2 Bed
2 Bath
1041 ft²
|
$1,678,521
+2.04%
10/26/2022
|
-
|
Jason Lau
The Corcoran Group
|
|
09/09/2022
|
2 Bed
|
2 Bath
|
970 ft²
|
$1,435,000
2 Bed
2 Bath
970 ft²
|
$1,435,000
11/15/2022
|
Sari Ingerman
Douglas Elliman Real Estate
|
||
08/29/2022
|
2 Bed
|
2 Bath
|
1042 ft²
|
$1,595,000
2 Bed
2 Bath
1042 ft²
|
$1,525,000
-4.39%
11/10/2022
|
-
|
Shelley Okeefe
Corcoran Group
|
|
07/13/2022
|
1 Bed
|
1 Bath
|
721 ft²
|
$1,175,000
1 Bed
1 Bath
721 ft²
|
$1,102,000
-6.21%
09/26/2023
|
-
|
Shelley Okeefe
Corcoran Group
|
|
07/04/2022
|
2 Bed
|
2 Bath
|
1042 ft²
|
$1,655,000
2 Bed
2 Bath
1042 ft²
|
$1,620,000
-2.11%
09/15/2022
|
Shelley OKeefe
Corcoran Sunshine Marketing Group
|
||
06/24/2022
|
3 Bed
|
4 Bath
|
2259 ft²
|
$4,250,000
3 Bed
4 Bath
2259 ft²
|
$3,999,000
-5.91%
07/14/2022
|
505 W 43 Sales Office
Douglas Elliman Real Estate
|
||
06/22/2022
|
2 Bed
|
2 Bath
|
1057 ft²
|
$1,975,000
2 Bed
2 Bath
1057 ft²
|
$1,821,400
-7.78%
08/18/2022
|
Samara G. Heafitz
Corcoran Group
|
||
06/14/2022
|
Studio
|
1 Bath
|
506 ft²
|
$875,000
Studio
1 Bath
506 ft²
|
$795,000
-9.14%
10/26/2022
|
505 W 43 Sales Office
Corcoran Group
|
||
06/03/2022
|
1 Bed
|
1 Bath
|
627 ft²
|
$999,000
1 Bed
1 Bath
627 ft²
|
$999,000
08/08/2023
|
-
|
Shelley Okeefe
Corcoran Group
|
|
05/05/2022
|
2 Bed
|
2 Bath
|
1172 ft²
|
$1,815,000
2 Bed
2 Bath
1172 ft²
|
$1,750,000
-3.58%
07/15/2022
|
505 W 43 Sales Office
Corcoran Sunshine Marketing Group
|
||
04/04/2022
|
1 Bed
|
1 Bath
|
627 ft²
|
$1,080,000
1 Bed
1 Bath
627 ft²
|
$1,080,000
08/10/2022
|
Richard Hottinger
Corcoran Group
|
||
03/18/2022
|
1 Bed
|
1 Bath
|
764 ft²
|
$1,295,000
1 Bed
1 Bath
764 ft²
|
$1,295,000
06/16/2022
|
505 W 43 Sales Office
Corcoran Sunshine Marketing Group
|
||
03/15/2022
|
Studio
|
1 Bath
|
506 ft²
|
$925,000
Studio
1 Bath
506 ft²
|
$805,000
-12.97%
09/19/2022
|
Chuanyung Wang
Fact Real Estate LLC
|
||
03/02/2022
|
1 Bed
|
1 Bath
|
627 ft²
|
$1,095,000
1 Bed
1 Bath
627 ft²
|
$1,095,000
03/16/2022
|
Shelley F OKeefe
Corcoran Sunshine Marketing Group
|
||
02/21/2022
|
3 Bed
|
3 Bath
|
1302 ft²
|
$2,295,000
3 Bed
3 Bath
1302 ft²
|
$1,995,000
-13.07%
09/06/2023
|
-
|
Jason Lau
The Corcoran Group
|
|
02/21/2022
|
2 Bed
|
2 Bath
|
1165 ft²
|
$2,115,000
2 Bed
2 Bath
1165 ft²
|
$1,975,000
-6.62%
07/25/2022
|
505 W 43 Sales Office
Douglas Elliman Real Estate
|
||