The Strand

The Strand is a condo located 500 West 43rd Street, in Hell's Kitchen, New York. The building was first built in 1988 and is 36 years old. The lot that the building was built on is 125 feet wide and 175 feet long. The official lot area is listed as 20,053 square feet. In total, 500 West 43rd Street has a total floor area of 243,309 square feet. Of that, 208,608 square feet are used for residential purposes. About 34,701 square feet of the building are used for commercial purposes. There are a total of 313 units. Of those, 311 are residential units. There are 2 commercial units. 500 West 43rd Street has a total of 41 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Residents who own pets will be happy to hear that the building is pet-friendly. There are 944 closings on record, of which we have matching data for 103 listings. In the past 3 years, a listing in this building will typically remain on the market for about 121 days Meaning, listings tend to sell at a median of $1,303 price per square foot. The transaction that took the longest to complete was unit 8J, listed on May 04, 2016 for $950,000. This particular unit ultimately sold 344 days later for $875,000. The most recent transaction was for unit 15E, which was first advertised on Jun 04, 2023, sold for $825,000 on Jan 23, 2024. Fun fact, the oldest transaction we have on record took place on Apr 18, 1989. See the full transaction history for The Strand below.

Hell's Kitchen, where 500 West 43rd Street is located, has a median asking price of $2,000,000 for condo buildings. Meanwhile, the building itself has a median asking price of $875,000. For interested buyers, that means the building's median asking price is around 0.56% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 5 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $1,495,000. It is a 906 sqft 1 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $575,000. It is a 435 sqft studio and 1 bathroom unit. A breakdown of active listings shows 2 studio, 3 one-bedroom, no two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $835,000. Collectively, the median square footage of these active units for sale is 675 sqft. Active units for sale at 500 West 43rd Street have a median count of 1 bedrooms and have a median count of 1 bathroom.