500 W 43rd St

New York, NY 10036 New York

2 Weeks Ago
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500 W 43rd St
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Corcoran broker Tony Testa, who has been selling homes in the 1988 condominium The Strand for 11 years, understands the appeal of the newer luxury developments in Hell's Kitchen like Hudson Yards and MiMA. He also knows that for many people, the cost of those homes can be prohibitive. "For someone who wants new construction but can't afford the price per square foot, this is a really good runner-up," he says, noting that while The Strand is an older condo, "You don't feel like you're walking into a 1988 building. "He says this standing in the living room of one of the 42-story building's penthouse units, a nicely renovated one-bedroom with uncommon views that improbably encompass the Freedom Tower to the south, the Hudson River and the Intrepid Museum to the north. Designed by Costas Kondylis Associates, the unusual building is not rectangular, but rather diamond-shaped, and positioned at a 45-degree angle to Manhattan's grid. This orientation, combined with the condominium's unique design, results in many of the units providing 90-degree views in any given room and the sense of being in a corner unit. "Every corner has multiple views," says Testa. "The board is really well run," says Douglas Elliman broker Heather Meissner, who specializes in selling investment properties in the building. She cites the purchase of a backup generator following Hurricane Sandy and renovating the building's amenities during the pandemic as proactive and savvy decisions that help maintain the condo's condition and appeal. The Strand also offers flexible rules and policies for buyers, permitting pied-a-terres, investment by LLCs and trusts and co-purchasing. Homes include studios to four-bedrooms, and many units feature small balconies accessed through glass doors. Studios measure 390 square feet to 490 square feet and list for about $500,000 to $685,000, and one-bedrooms 390 square feet to 1,670 ask $595,000 to $1.5 million. Two-bedrooms are priced at around $825,000 to $1.8 million and measure 838 square feet to 1,400 square feet, and three- and four-bedrooms 1,800 and larger sell for $2.4 million and up. The condo's late-1980s vintage is reflected in the parquet floors of many units and, compared to many bedrooms found in new construction, larger sleeping quarters. Many include updates thanks to the renovations of previous owners over the years. The building is staffed by a concierge and 24-hour door attendant and offers garage parking. A small residents' lounge includes a catering kitchen and can be rented out for events. The standout amenity is a sun-filled top-floor health and fitness center with a lap pool, jacuzzi, gym, men's and women's steam rooms, saunas, and full locker rooms with showers. The level also includes a sun deck. The lobby is a neutral, welcoming space with a double-height foyer that incorporates limestone and marble. Located at the intersection of 10th Avenue and 43rd Street in Hell's Kitchen, The Strand is surrounded by shopping, dining and entertainment options. A Food Emporium is down the street, and a Target with a grocery store is one block away. Popular restaurants line 10th and Ninth Avenues, and the theater district is three blocks to the east. For outdoor, riverside recreation, Hudson River Park and the Hudson River Greenway are two blocks to the west. Luxury shopping and dining can be done at Hudson Yards, directly south at 34th Street, and the sprawling Jacob Javits Convention Center is nearby on 11th Avenue. Nearby public transportation includes the A, C and E at Port Authority Bus Terminal at 42nd Street and the N, Q, R, W, 7 and Times Square shuttle three blocks east. The West Side Highway is two blocks west, and the Lincoln Tunnel is minutes away, providing connections to New Jersey and Interstate 495. Newark Liberty International Airport can be reached in about 40 minutes. See more
Location
Property Address: 500 W 43rd St, New York,
NY 10036
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City - New York

New York City has it all, from iconic landmarks to industry powerhouses to every type of cuisine you can imagine. Here, staples of the American image are everywhere: the Statue of Liberty, Times Square, Broadway, Central Park, an unparalleled skyline, and dynamic neighborhoods teeming with diverse cultures and activities.

All the perks of living in the Greatest City in the World come with a price tag to match. The cost of living in New York City is the second highest in the nation. Those living in New York City tend to earn higher salaries, in addition to having a walkable lifestyle with quick access to the subway (and less of the fees and maintenance associated with car ownership). There are other ways to curb living expenses, such as looking in more affordable neighborhoods or renting with a roommate.

If you find an apartment you like in New York City, you’ll want to act fast. The vacancy rate is only around 2.

Learn more about living in New York 
Education
Colleges & Universities Distance
Colleges & Universities Distance
Walk: 16 min 0.8 mi
Drive: 4 min 1.2 mi
Drive: 3 min 1.2 mi
Drive: 4 min 1.3 mi
500 W 43rd St is within 16 minutes or 0.8 mile from John Jay College, CUNY. It is also near Technical Career Institutes and ASA College Manhattan.
Transportation

Transportation options available in New York include 42 Street-Port Authority Bus Terminal, located 0.4 mile from 500 W 43rd St. 500 W 43rd St is near Laguardia, located 8.6 miles or 19 minutes away, and Newark Liberty International, located 13.7 miles or 19 minutes away.

Transit / Subway Distance
Transit / Subway Distance
Walk: 7 min 0.4 mi
Walk: 10 min 0.6 mi
Walk: 12 min 0.7 mi
Walk: 13 min 0.7 mi
Walk: 14 min 0.8 mi
Commuter Rail Distance
Commuter Rail Distance
Drive: 3 min 1.2 mi
Drive: 3 min 1.3 mi
Drive: 4 min 1.4 mi
Drive: 4 min 1.4 mi
Drive: 3 min 1.4 mi
Airports Distance
Airports Distance
Laguardia
Drive: 19 min 8.6 mi
Newark Liberty International
Drive: 19 min 13.7 mi

Walkability Near 500 W 43rd St New York, NY 10036

Walker's Paradise
99
Walk Score®
Out of 100
Lace up your walking shoes because this area is considered a walker’s paradise.
Rider's Paradise
100
Transit Score®
Out of 100
Living in this area is considered a rider’s paradise, with world-class transportation.
Biker's Paradise
94
Bike Score®
Out of 100
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
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Soundscore
Out of 100

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Points of Interest

Time and distance from 500 W 43rd St.

Shopping Centers Distance
Shopping Centers Distance
Walk: 7 min 0.4 mi
Walk: 8 min 0.4 mi
Drive: 3 min 1.4 mi
500 W 43rd St has 3 shopping centers within 1.4 miles, which is about a 3-minute drive. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
De Witt Clinton Park
Walk: 14 min 0.7 mi
Bryant Park
Walk: 17 min 0.9 mi
Damrosch Park
Walk: 21 min 1.1 mi
Chelsea Recreation Center
Drive: 4 min 1.3 mi
Chelsea Park
Drive: 5 min 1.3 mi
500 W 43rd St has 5 parks within 1.3 miles, including De Witt Clinton Park, Chelsea Park, and Bryant Park.
Hospitals Distance
Hospitals Distance
Walk: 15 min 0.8 mi
Drive: 6 min 2.4 mi
Drive: 7 min 2.6 mi
500 W 43rd St has 3 hospitals within 2.6 miles, the nearest is Mount Sinai St. Luke's Roosevelt Hospital which is 0.8 mile away and a 15 minutes drive.
Military Bases Distance
Military Bases Distance
Drive: 14 min 5.3 mi
Drive: 23 min 11.8 mi
500 W 43rd St is 5.3 miles from Governors Island Support Center, and is convenient to other military bases, including Military Ocean Terminal.

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